Nonprofit · EIN 31-0547898
RIVER VALLEY CREDIT UNION INC
Tax-exempt · MIAMISBURG, OH 45342
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,126,038 | $24,578,258 | $3,547,780 | $476,344,301 | $429,885,916 | $46,458,385 |
| December 31, 2023 | 990 | $24,333,252 | $20,010,050 | $4,323,202 | $456,068,400 | $411,708,646 | $44,359,754 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $24,279,636
- Investment income
- $3,846,402
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,363,061
- Other salaries and wages
- $3,729,136
- Salaries, compensation and benefits (total)
- $6,999,399
- Professional fundraising fees
- $0
- Legal fees
- $64,708
- Accounting fees
- $1,672
- Occupancy
- $535,280
- Depreciation
- $474,499
Balance sheet and other
- Total assets, start of year
- $456,068,400
- Total assets, end of year
- $476,344,301
- Total liabilities, end of year
- $429,885,916
- Net assets, end of year
- $46,458,385
- Land, buildings and equipment
- $8,031,699
- Publicly traded securities
- $55,937,012
- Gross unrelated business income
- $129,578
- Gross receipts
- $28,126,038
- Employees
- 107
- Volunteers
- 9
- Year formed
- 1949
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEE SPIVEY | PRESIDENT/CEO Officer | 40 | $288,035 | $28,804 |
| SUZANNE ROUSH | SVP OPERATIONS Officer | 40 | $191,818 | $19,182 |
| PEGGY MOWRY | SVP, CAO Officer | 40 | $184,437 | $18,444 |
| JONATHAN HEBRANK | SVP, CLO Officer | 40 | $164,876 | $16,487 |
| JOHN E BOWEN | RETIRED - FORMER PRESIDENT/CEO Officer | 40 | $163,487 | $16,349 |
| JAMES MCCONNELL | SVP, CXO Officer | 40 | $123,904 | $12,390 |
| CARRIE POYNTER | VP COMPLIANCE Officer | 40 | $122,589 | $12,259 |
| DONALD CARRUTH | BUSINESS SERVICES DIRECTOR Highest-paid employee | 40 | $110,099 | $11,010 |
| DANIEL J GORMAN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| VIRGINIA MATIS | VICE-CHAIRMAN Trustee or director | 1 | $0 | $0 |
| AARON BURKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANNE BURKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC HORSTMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VELMA AMOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF STAPLETON | DIRECTOR Trustee or director | 1 | $0 |
| LYNDA BROWN WALKER | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN E BOWEN | PRESIDENT/CEO Officer | 40 | $317,317 | $31,732 |
| LEE SPIVEY | SVP/CFO Officer | 40 | $218,709 | $21,870 |
| SUZANNE M ROUSH | SVP OPERATIONS Officer | 40 | $181,391 | $18,139 |
| ERIC EBBERT | SVP SALES/MARKETING Officer | 40 | $179,168 | $17,917 |
| PEGGY MOWRY | SVP/CIO Officer | 40 | $174,354 | $17,435 |
| ROBERT L DELONG JR | SVP LENDING Officer | 40 | $159,626 | $15,963 |
| JONATHAN HEBRANK | VP BUSINESS SERVICES Officer | 40 | $131,575 | $13,157 |
| CARRIE POYNTER | VP COMPLIANCE Officer | 40 | $120,048 | $12,005 |
| DONALD CARRUTH | BUSINESS SERVICES MANAGER Highest-paid employee | 40 | $100,615 | $10,061 |
| AARON BURKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL J GORMAN | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JEFFREY STAPLETON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE BURKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VELMA AMOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYNDA BROWN WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES F GRIFFIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VIRGINIA MATIS | VICE-CHAIRMAN Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 505 EARL BLVD, MIAMISBURG, OH 45342-6411
- In care of
- % JAMES A ROBERSON JR
- Principal officer (990 for 2024)
- LEE SPIVEY, 505 EARL BLVD, MIAMISBURG, OH 45342
- Signed the 990
- STEPHANIE ENTIENNE, CFO
- Phone
- (937) 859-6260
- Website
- WWW.RIVERVALLEYCU.ORG
- Return prepared by
- GBQ PARTNERS LLC
Mission
A NON-PROFIT FINANCIAL INSTITUTION THAT IS OWNED AND OPERATED ENTIRELY BY ITS MEMBERS.
Program accomplishments
- PROVIDED FINANCIAL SERVICES TO ITS MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-0547898
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1990: OHIO CHARTERED CREDIT UNIONS
- Assets (IRS master file)
- $476,344,301
- Income (IRS master file)
- $28,126,038
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,126,038 | $24,578,258 | $476,344,301 | XML |
| 990 | December 2023 | $24,333,252 | $20,010,050 | $456,068,400 | XML |
| 990 | December 2022 | $19,820,493 | $16,128,781 | $442,389,486 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0547898).
Questions about RIVER VALLEY CREDIT UNION INC
- What is the EIN of RIVER VALLEY CREDIT UNION INC?
- The employer identification number (EIN) of RIVER VALLEY CREDIT UNION INC is 31-0547898.
- Is RIVER VALLEY CREDIT UNION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
- Are donations to RIVER VALLEY CREDIT UNION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RIVER VALLEY CREDIT UNION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RIVER VALLEY CREDIT UNION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIVER VALLEY CREDIT UNION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RIVER VALLEY CREDIT UNION INC?
- The 990 for the year ended December 31, 2024 names LEE SPIVEY.
- Who are the officers and directors of RIVER VALLEY CREDIT UNION INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $288,035 (LEE SPIVEY, PRESIDENT/CEO).
- How much revenue does RIVER VALLEY CREDIT UNION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,126,038, expenses of $24,578,258 and total assets of $476,344,301 at year end.
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