Mission
THE CREDIT UNION IS A COOPERATIVE ORGANZIED FOR THE PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSES.
Public Charity
THE CREDIT UNION OF RICHMOND INC
Based in RICHMOND, VA, THE CREDIT UNION OF RICHMOND INC operates as a Public Charity. The organization reported $3.6M in revenue, $3.6M in expenses, $65.7M in total assets for fiscal year 2024.
EIN: 540357460
RICHMOND, VA
Latest filing: 2024
Total Revenue$3.6M
Total Expenses$3.6M
Total Assets$65.7M
Grant Records0
Filing Years2020–2024
Where $100 goes at The Credit Union of Richmond Inc
How The Credit Union of Richmond Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The credit union is a cooperative organzied for the purpose of promoting thrift among its members and creating a source of credit for provident or productive purposes
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
BOARD MEMBER
Alvin Strother
BOARD MEMBER
Archie Thompson
PRESIDENT/CEO
Arthur Hart
BOARD MEMBER
Betty T Strother
BOARD MEMBER
Brandize Carey Braxton
BOARD MEMBER
Curt Davidson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.6M | $3.6M | $65.7M |
| 2023 | $3.5M | $3.5M | $65.8M |
| 2022 | $3.3M | $3.1M | $69.6M |
| 2021 | $3.3M | $2.8M | $72.2M |
| 2020 | $3.4M | $3.5M | $72.4M |
Between 2020 and 2024, reported annual revenue grew from $3.4M to $3.6M (+6%), with total assets most recently reported at $65.7M.
Interactive year-over-year charts and full filing details available with membership.