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Nonprofit · EIN 56-1295697

VIZO FINANCIAL CORPORATE CREDIT UNION

Tax-exempt · MIDDLETOWN, PA 17057

Financials

$312.1M$251.2M2023$342.7M$309.6M2024
Revenue Expenses · by fiscal year end
Financials of VIZO FINANCIAL CORPORATE CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$342,674,561$309,550,906$33,123,655$6,045,495,809$5,460,539,370$584,956,439
December 31, 2023990$312,063,561$251,198,292$60,865,269$6,042,910,980$5,487,508,061$555,402,919
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$19,982,399
Investment income
$323,955,161
Other revenue
-$1,262,999

Expenses

Grants and similar amounts paid
$89,100
Compensation of officers, directors and key employees
$2,361,272
Other salaries and wages
$12,742,121
Salaries, compensation and benefits (total)
$21,921,658
Professional fundraising fees
$0
Legal fees
$122,692
Accounting fees
$320,264
Occupancy
$1,353,572
Travel
$407,310
Depreciation
$1,869,481

Balance sheet and other

Total assets, start of year
$6,042,910,980
Total assets, end of year
$6,045,495,809
Total liabilities, end of year
$5,460,539,370
Net assets, end of year
$584,956,439
Land, buildings and equipment
$620,313
Publicly traded securities
$3,006,721,490
Gross receipts
$342,674,561
Employees
190
Volunteers
16
Year formed
1980
State of legal domicile
NC

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.

NameTitleHours / weekCompensationOther / benefits
JEFFREY STONERSVP/CHIEF STRATEGY & TECHNOLOGY OFFICER
Highest-paid employee
40$778,996$68,431
RODNEY MAYSVP/CHIEF ENGAGEMENT OFFICER
Highest-paid employee
40$708,619$66,062
LORI GALLSVP/CHIEF RISK OFFICER
Highest-paid employee
40$681,557$52,646
JOSEPH BERTOTTOSVP/CHIEF CULTURE OFFICER
Highest-paid employee
40$603,105$49,475
JANICE APPLEBYSVP/CHIEF HUMAN RESOURCES
Highest-paid employee
40$585,023$37,218
FRED EISELPRESIDENT/CEO
Officer
40$550,991$56,277
TIMOTHY J SUSTAKSVP/CHIEF TREASURY OFFICER
Key employee
40$544,979$59,325
MARK BROWNSVP/CHIEF FINANCIAL OFFICER
Officer
40$410,293$149,191
SCOTT WOODSVP/CHIEF INVESTMENT OFFICER
Key employee
40$291,524$64,346
DAVID BREHMERPRESIDENT/CEO (RETIRED 01/05/24)
Officer
40$218,678$15,668
SCOTT WOODSDIRECTOR
Trustee or director
3$0$0
JEFF CHELIUSBOARD CHAIRPERSON
Trustee or director
3$0$0
GENICE DECORTEBOARD TREASURER
Trustee or director
3$0$0
DANIEL BERRYBOARD VICE CHAIRPERSON
Trustee or director
3$0$0
DEREK FUZZELLBOARD SECRETARY
Trustee or director
2$0$0
4 more people on this return
NameTitleHours / weekCompensation
PAUL HUGHESDIRECTOR
Trustee or director
2$0
JERRY KINGDIRECTOR
Trustee or director
2$0
MARK VOLPONIDIRECTOR
Trustee or director
2$0
SCOTT WEAVERDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
DAVID BREHMERPRESIDENT/CEO
Officer
40$1,308,278$42,430
MARK BROWNSVP/CHIEF FINANCIAL OFFICER
Officer
40$363,469$112,366
JEFFREY STONERSVP/CHIEF STRATEGY & TECHNOLOGY OFFICER
Highest-paid employee
40$346,804$120,357
FRED EISELEXECUTIVE VICE PRESIDENT
Key employee
40$390,385$66,208
RODNEY MAYSVP/CHIEF ENGAGEMENT OFFICER
Highest-paid employee
40$319,475$125,703
LORI GALLSVP/CHIEF RISK OFFICER
Highest-paid employee
40$301,881$102,230
JOSEPH BERTOTTOSVP/CHIEF CULTURE OFFICER
Highest-paid employee
40$273,315$112,073
JANICE APPLEBYSVP/CHIEF HUMAN RESOURCES OFFICER
Highest-paid employee
40$260,862$77,405
DEREK FUZZELLDIRECTOR
Trustee or director
2$0$0
SCOTT WOODSBOARD CHAIRPERSON
Trustee or director
3$0$0
JERRY KINGDIRECTOR
Trustee or director
2$0$0
JEFF CHELIUSBOARD VICE CHAIRPERSON
Trustee or director
3$0$0
SCOTT WEAVERDIRECTOR
Trustee or director
2$0$0
DANIEL BERRYBOARD TREASURER
Trustee or director
3$0$0
MARK VOLPONIDIRECTOR
Trustee or director
2$0$0
GENICE DECORTEBOARD SECRETARY
Trustee or director
3$0$0
PAUL HUGHESDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1201 FULLING MILL RD, MIDDLETOWN, PA 17057-3111
Principal officer (990 for 2024)
FRED EISEL, 7900 TRIAD CENTER DRIVE SUITE 410, GREENSBORO, NC 27409
Signed the 990
MARK BROWN, SVP/CFO
Phone
(336) 217-4992
Return prepared by
DOEREN MAYHEW

Mission

ACCELERATING CREDIT UNION SUCCESS THROUGH PROVEN INSIGHT, UNMATCHED EXPERTISE AND TRUSTED PARTNERSHIPS.

990 for the year ended December 31, 2024

Program accomplishments

  • SETTLEMENT AND PAYMENT SERVICES: WE PROVIDE AGGREGATED PAYMENT SERVICES SO CREDIT UNIONS CAN EFFICIENTLY, AND COST EFFECTIVELY SERVE THEIR MEMBERS, PROVIDING THEM TOOLS FOR MOVING MONEY ELECTRONICALLY.
  • FUNDS MANAGEMENT & LIQUIDITY SERVICES: ONE OF THE KEY SERVICES WE PROVIDE MEMBERS IS A COMPLETE LINE OF COMPETITIVE SHORT-TERM DEPOSIT PRODUCTS COMBINED WITH LINES-OF-CREDIT SO THAT THEY CAN MORE EFFECTIVELY MANAGE THEIR CASH FLOW NEEDS.
  • ASSET-LIABILITY MANAGEMENT (ALM) AND RISK MANAGEMENT SERVICES: ALM SERVICES INCLUDE BOTH CONSULTING AND MODELING RISKS INHERENT IN A CREDIT UNION'S BALANCE SHEET. OUR RISK MANAGEMENT SERVICES INCLUDE COMPLIANCE/REGULATORY TRAINING, INFORMATION SYSTEM RISK ASSESSMENTS, BUSINESS CONTINUITY PLANNING, AND ENTERPRISE RISK MANAGEMENT BEST PRACTICES. THESE SERVICES ARE DESIGNED TO HELP CREDIT UNIONS BEST UNDERSTAND AND MITIGATE RISKS THEY ENCOUNTER IN THEIR OPERATIONS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-1295697
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
Assets (IRS master file)
$6,045,495,809
Income (IRS master file)
$342,674,561

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$342,674,561$309,550,906$6,045,495,809XML
990December 2023$312,063,561$251,198,292$6,042,910,980XML
990December 2022$215,933,784$135,018,605$6,740,797,633IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 56-1295697).

Questions about VIZO FINANCIAL CORPORATE CREDIT UNION

What is the EIN of VIZO FINANCIAL CORPORATE CREDIT UNION?
The employer identification number (EIN) of VIZO FINANCIAL CORPORATE CREDIT UNION is 56-1295697.
Is VIZO FINANCIAL CORPORATE CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
Are donations to VIZO FINANCIAL CORPORATE CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VIZO FINANCIAL CORPORATE CREDIT UNION 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 VIZO FINANCIAL CORPORATE CREDIT UNION 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 VIZO FINANCIAL CORPORATE CREDIT UNION 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 VIZO FINANCIAL CORPORATE CREDIT UNION?
The 990 for the year ended December 31, 2024 names FRED EISEL.
Who are the officers and directors of VIZO FINANCIAL CORPORATE CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 19 people; 10 received compensation from the organization, the highest $778,996 (JEFFREY STONER, SVP/CHIEF STRATEGY & TECHNOLOGY OFFICER).
How much revenue does VIZO FINANCIAL CORPORATE CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $342,674,561, expenses of $309,550,906 and total assets of $6,045,495,809 at year end.

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