2025-10-31T00:28:55-07:00 2024-12-31 990 2024-01-01 741464400 VATAT CREDIT UNION VATA 5124723258 614 E 12th Street Austin TX 78701 Meredith Hartmann CEO 5124723258 2025-10-12 1 2024 2025-03-06 01:10:19Z Meredith Hartmann 614 e 12th Street austin TX 78701 672763 0 X www.vatatcu.org X 1961 TX THE MISSION OF VATAT CREDIT UNION IS TO IMPROVE MEMBER'S QUALITY OF LIFE THROUGH FINANCIAL STABILITY. 7 7 0 7 0 0 0 0 601742 599786 46192 58182 0 14795 647934 672763 0 0 0 0 143367 157049 0 0 0 369204 437848 512571 594897 135363 77866 10827914 10560581 9076273 8731074 1751641 1829507 The mission of VATAT Credit Union is to improve member's quality of life through financial stability. We will operate a safe and sound credit union which will in turn reward our shareholder members and our employees. 0 0 594897 0 649219 Total credit union loans income increased slightly as more members are taking advantage of our membership and good competitive rates. Many refinanced from higher interest loans to our loans to save money in their financial transactions. Our ACH auto debit continued to grow and we are now offering online banking and e-statements (service requested by our members) 0 0 0 594897 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 0 1 1 1 1 0 TX X VATAT Credit Union 5124723258 614 E 12th Street Austin TX 78701 MEREDITH HARTMANN CEO 40 X X X 107750 0 8018 STEVE FORSYTHE Chairman 1 0 X 0 0 0 GARRET SCHATTE Vice-Chairman 1 0 X 0 0 0 JOSEPH LEMMONS Secretary 1 0 X 0 0 0 RAY PIENIAZEK TREASURER 1 0 X 0 0 0 JOHN TEMPLETON Director 1 0 X 0 0 0 CHRIS CLEVELAND DIRECTOR 1 0 X 0 0 0 GARY ADAMS DIRECTOR 1 0 X 0 0 0 107750 0 8018 1 0 0 0 0 0 Interest on Loans 522130 585912 585912 0 0 Member Fees and Charges 522130 13874 13874 0 0 0 0 0 0 599786 58182 58182 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14795 14795 0 0 14795 672763 672763 0 0 115768 115768 0 0 14756 14756 8831 8831 7402 7402 10292 10292 6944 6944 1627 1627 51281 51281 1620 1620 0 42737 42737 34403 34403 27805 27805 2487 2487 13913 13913 164855 164855 12994 12994 8826 8826 provision for loan losses 47219 47219 0 0 Loan Program Expenses 7311 7311 0 0 Association Dues 4623 4623 0 0 Misc Exp 9203 9203 0 0 594897 594897 0 0 86535 46005 520030 731150 0 39811 0 9186613 8799691 0 20871 32459 31440 20518 5152 10922 875000 849000 93902 91354 10827914 10560581 238649 163133 8837624 8567941 9076273 8731074 X 0 0 0 0 1751641 1829507 1751641 1829507 10827914 10560581 77866 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31440 0 20518 10922 0 0 0 0 10922 Investment 849000 C 849000 Regular Shares 3007130 Sub Shares 998117 Share Draft Accounts 846354 Share Certificates 3716340 8567941 Form 990, Part VI, Section A, Line 6 VATAT Credit Union is a member owned credit union. We are owned by our general membership base. Form 990, Part VI, Section A, Line 7a The general membership elects and appoint directors to serve on the board on volunteer unpaid basis. Form 990, Part VI, Section B, Line 11b This report is submitted for approval before remitting to IRS. Form 990, Part VI, Section B, Line 15 VATAT board reviews on an annual basis the work and responsibilities of the CEO and determines a salary within the boundaries on the approval budget. The CEO performance evaluation is based on goals and performance for the year, CEO presented the compensation budget for the following year. Form 990, Part VI, Section C, Line 19 The credit union posts on our website, announce at the annual meeting, posts on the Association newsletter, as well as statement inserts to let all membership know that they have access to these reports and documents. Filed an extension request and approved in March 2025