EIN 39-0711674

Verve Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
348
Year formed
1937
Most recent tax filings
2022-12-01
Description
Verve Credit Union operates as a nonprofit member-owned thrift institution with a mission to provide financial services to individuals. Its primary operations involve holding deposits for and making loans to members. Verve Credit Union offers programs focused on these services.
Related structure
Verve Credit Union is a child organization, under an unknown parent.
Also known as...
Verve A Credit Union; Citizens First Credit Union
Total revenues
$63,522,788
2022
Total expenses
$57,220,605
2022
Total assets
$1,533,220,965
2022
Num. employees
348
2022

Program areas at Verve Credit Union

Holding deposits for and making loans to members.

Who funds Verve Credit Union

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Wisconsin Credit Union FoundationFor Fraud Squad, A Partnership With Local Law Enforcement and Creative Partners To Curb Effects of Fraud and Scams$10,000

Personnel at Verve Credit Union

NameTitleCompensation
Kevin RalofskyChief Financial Officer / President and Chief Executive Officer$847,443
Karrie DrobnickChief Marketing Officer and Chief Operating Officer$370,394
Ryan DidrecksonChief Operating Officer and Vice President of Operations$158,096
Glen StiteleyChief Financial Officer
Robert KetterVice President of It$171,617
...and 10 more key personnel

Financials for Verve Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$56,684,941
Investment income and dividends$5,718,442
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$61,500
Net gain from sale of non-inventory assets$1,057,905
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$63,522,788

Form 990s for Verve Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-07990View PDF
2020-122021-11-08990View PDF
2019-122020-09-10990View PDF
2018-122019-09-14990View PDF
...and 9 more Form 990s

Organizations like Verve Credit Union

OrganizationLocationRevenue
UW Credit UnionMadison, WI$206,656,356
Marine Credit UnionLa Crosse, WI$77,409,562
Summit Credit UnionMadison, WI$231,091,693
CoVantage Credit UnionAntigo, WI$121,730,079
Capital Credit UnionGreen Bay, WI$96,768,342
Fox Communities Credit Union (FOXCU)Appleton, WI$104,390,989
Superior Choice Credit Union (SCCU)Superior, WI$30,905,234
Heartland Credit UnionMadison, WI$24,929,415
Prospera Credit UnionAppleton, WI$16,930,595
Blackhawk Community Credit UnionJanesville, WI$34,765,516
Data update history
January 16, 2024
Updated personnel
Identified 3 new personnel
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Used new vendors
Identified 4 new vendors, including , , , and
October 24, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Wisconsin Credit Union Foundation
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
2900 Universal St
Oshkosh, WI 54903
Metro area
Oshkosh-Neenah, WI
Website URL
verveacu.com/contact/ 
Phone
(800) 448-9228
Facebook page
verveacu 
IRS details
EIN
39-0711674
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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