2025-10-21T11:06:40-05:00 2024-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2024-01-01 310547898 1381 RIVER VALLEY CREDIT UNION INC 1381 9378596260 505 EARL BLVD MIAMISBURG OH 45342 STEPHANIE ENTIENNE CFO 9378596260 2025-10-17 1 1 KATHLEEN M MOSELEY P00116760 5138713033 2025-10-17 2024 2025-03-06 01:10:19Z LEE SPIVEY 505 EARL BLVD MIAMISBURG OH 45342 28126038 0 X WWW.RIVERVALLEYCU.ORG X 1949 OH A NON-PROFIT FINANCIAL INSTITUTION THAT IS OWNED AND OPERATED ENTIRELY BY ITS MEMBERS. 9 9 107 9 129578 0 0 0 21368216 24279636 2965036 3846402 0 0 24333252 28126038 0 0 0 0 7152150 6999399 0 0 0 12857900 17578859 20010050 24578258 4323202 3547780 456068400 476344301 411708646 429885916 44359754 46458385 X A NON-PROFIT FINANCIAL INSTITUTION THAT IS OWNED AND OPERATED ENTIRELY BY ITS MEMBERS. 1 0 PROVIDED FINANCIAL SERVICES TO ITS MEMBERS. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 16190 0 1 107 1 1 1 0 0 0 0 0 0 0 X 9 9 1 0 0 0 1 1 1 1 1 0 1 1 0 1 1 0 1 1 1 1 0 X X STEPHANIE ETIENNE - SVPCEO 9378596260 505 EARL BLVD MIAMISBURG OH 45342 DANIEL J GORMAN CHAIRMAN 1.00 X X 0 0 0 VIRGINIA MATIS VICE-CHAIRMAN 1.00 X 0 0 0 AARON BURKE SECRETARY 1.00 X X 0 0 0 ANNE BURKE DIRECTOR 1.00 X 0 0 0 ERIC HORSTMAN DIRECTOR 1.00 X 0 0 0 VELMA AMOS DIRECTOR 1.00 X 0 0 0 STEPHEN HALL DIRECTOR 1.00 X 0 0 0 JEFF STAPLETON DIRECTOR 1.00 X 0 0 0 LYNDA BROWN WALKER TREASURER 1.00 X X 0 0 0 JOHN E BOWEN RETIRED - FORMER PRESIDENT/CEO 40.00 X 163487 0 16349 JONATHAN HEBRANK SVP, CLO 40.00 X 164876 0 16487 JAMES MCCONNELL SVP, CXO 40.00 X 123904 0 12390 PEGGY MOWRY SVP, CAO 40.00 X 184437 0 18444 CARRIE POYNTER VP COMPLIANCE 40.00 X 122589 0 12259 SUZANNE ROUSH SVP OPERATIONS 40.00 X 191818 0 19182 LEE SPIVEY PRESIDENT/CEO 40.00 X 288035 0 28804 DONALD CARRUTH BUSINESS SERVICES DIRECTOR 40.00 X 110099 0 11010 1349245 0 134925 8 0 1 0 0 INTEREST ON LOANS 522100 20389267 20389267 FEES & COMMISSIONS 522200 3890369 3760791 129578 24279636 3846402 3846402 28126038 24150058 129578 3846402 1363061 3729136 814534 630772 461896 59843 64708 1672 98953 393035 1094161 769636 535280 18368 9211608 474499 103783 PROCESSING FEES 2758016 PROVISION FOR LOAN LOSS 1736685 OTHER EXPENSES 258612 24578258 3669824 4377133 27209863 20830162 362358823 372031764 1078530 1100268 13699265 5667566 5434187 8031699 41928361 55937012 8062777 7462999 6326035 6573264 456068400 476344301 3855472 3947062 23209914 12343587 384643260 413595267 411708646 429885916 X 0 0 0 0 44359754 46458385 44359754 46458385 456068400 476344301 3547780 -1449149 0 X 0 1 X 1 0 0 1 X 1510262 1510262 9102469 4511236 4591233 964059 620336 343723 2122475 535994 1586481 8031699 MEMBERS' SHARES & DEPOSITS 413595267 413595267 X PART IV, LINE 2B: THE ORGANIZATION HOLDS TWO CUSTODIAL ACCOUNTS, MORTGAGE ESCROW RELATED TO REAL ESTATE TAXES AND INSURANCE, FOR THE FEDERAL HOME LOAN BANK IN WHICH THE ORGANIZATION IS THE SERVICER. PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. X X 1 1 X X X X X 0 0 0 LEE SPIVEY PRESIDENT/CEO 288035 0 0 0 0 0 28804 0 0 0 316839 0 0 0 SUZANNE ROUSH SVP OPERATIONS 191818 0 0 0 0 0 19182 0 0 0 211000 0 0 0 PEGGY MOWRY SVP, CAO 184437 0 0 0 0 0 18444 0 0 0 202881 0 0 0 JONATHAN HEBRANK SVP, CLO 164876 0 0 0 0 0 16487 0 0 0 181363 0 0 0 JOHN E BOWEN RETIRED - FORMER PRESIDENT/CEO 163487 0 0 0 0 0 16349 0 0 0 179836 0 0 0 SUZANNE ROUSH OFFICER 69523 OFFICER'S SPOUSE OWNS COMPANY THAT PROVIDES FACILITIES MAINTENANCE SEVICES TO ENTITY. 0 FORM 990, PART III, LINE 2 IMPLEMENTED ITMS AT SOME BRANCHES FORM 990, PART VI, SECTION A, LINE 2 BOARD DIRECTORS AARON BURKE AND ANNE BURKE ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS REQUIRED FOR THE CREDIT UNION THROUGH SELECT GROUP QUALIFICATIONS FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN TRANSACTIONS AND CHANGES TO CODE OF REGULATIONS REQUIRE APPROVAL OF MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY AN OFFICER OF THE ORGANIZATION PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 ALL EMPLOYEES ARE PROVIDED ACCESS TO RVCU'S POLICY MANUALS WHICH INCLUDE THE WRITTEN CONFLICT OF INTEREST POLICY. EMPLOYEES MUST ANNUALLY SIGN ACKNOWLEDGING THEY HAVE RECEIVED AND UNDERSTAND THE POLICIES CONTAINED IN THE MANUAL. FORM 990, PART VI, SECTION B, LINE 15 THE CEO HAS A CONTRACT WHICH WAS APPROVED BY THE BOARD AND DETERMINES HIS ANNUAL SALARY. THE CEO MAKES THE FINAL DETERMINATION ON COMPENSATION FOR ALL STAFF POSITIONS INCLUDING OFFICERS AND KEY PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.