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Filing year 2024

VALLEY FINANCIAL CREDIT UNION

Billings, Montana·EIN 81-0247124·NTEE W61 · Public & Societal Benefit·501(c)(14)
Total revenue
$33M
Total assets
$511.1M
Total expenses
$27.8M
Reported officers
18
Mission

BUILDING RELATIONSHIPS WITH PEOPLE IN OUR COMMUNITIES AND UNITING WITH THEM TO ACHIEVE THEIR DREAMS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Chief Executive Officer
Above 90th percentile
$432k
$460k
Base
$307k
Bonus
$80k
Other
Benefits
$28k
Sr VP Commercial Services
Board Vice President
Median to 75th percentile
$213k
$227k
Base
$161k
Bonus
$25k
Other
Benefits
$16k
Chief Financial Officer
Median to 75th percentile
$207k
$220k
Base
$170k
Bonus
$16k
Other
Benefits
$11k
Mortgage Loan Originator
Key Employee
Median to 75th percentile
$202k
$215k
Base
$186k
Bonus
$4k
Other
Benefits
$561
Sr VP of Mortgage and Cons
Board Vice President
25th percentile to median
$182k
$194k
Base
$156k
Bonus
$15k
Other
Benefits
$986
Chief Operations Officer
Highest Compensated Employee
25th percentile to median
$165k
$175k
Base
$132k
Bonus
$12k
Other
Benefits
$12k
VP of Member Experience
Board Vice President
25th percentile to median
$155k
$165k
Base
$116k
Bonus
$19k
Other
Benefits
$12k
Mortgage Loan Originator
Highest Compensated Employee
25th percentile to median
$152k
$162k
Base
$131k
Bonus
$4k
Other
Benefits
$10k
VP of Hr/admin
Board Vice President
25th percentile to median
$142k
$151k
Sr VP of Business Developm
Board Vice President
25th percentile to median
$129k
$138k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VALLEY FINANCIAL CREDIT UNION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
2%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2023

From $373k in 2023 to $432k in 2024.

$373k
2023
$432k
2024
In today's dollarsEst.
Up 13% in real terms$408k to $460k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 16% from 2023 to 2024, while revenue rose 27%.

$373k in 2023 to $432k in 2024.
  • Board Vice President pay rose 49% from 2023 to 2024.
  • Chief Financial Officer pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VALLEY FINANCIAL CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$26M
$21.2M
2023
$33M
$27.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Public & Societal Benefit executives earn

Comparable public & societal benefit organizations nationwide pay their highest-earning executive a median of $83,690.

25th percentile
$30k
Median
$83,690
75th percentile
$173k
90th percentile
$325k

These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 2,612 organizations across 2,612 filings (2021 – 2024).

See full Public & Societal Benefit compensation data
FAQ

Common questions about VALLEY FINANCIAL CREDIT UNION

What does the Chief Executive Officer of VALLEY FINANCIAL CREDIT UNION earn?

In 2024, the Chief Executive Officer of VALLEY FINANCIAL CREDIT UNION received $432,154 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VALLEY FINANCIAL CREDIT UNION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at VALLEY FINANCIAL CREDIT UNION falls in the top 10%. In 2024, the highest total compensation at VALLEY FINANCIAL CREDIT UNION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are VALLEY FINANCIAL CREDIT UNION's revenue and expenses?

In 2024, VALLEY FINANCIAL CREDIT UNION reported $33M in total revenue and $27.8M in total expenses on its IRS Form 990.

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