Valley First Credit Union
Modesto, CA · EIN 94-1439553 · Rank 7,956 by total revenue
Provide superior service to our members and community
Money, Form 990 for tax year 2024
- Total revenue
- $63,347,544
- Total expenses
- $58,535,460
- Total assets
- $1,027,273,852
- Salary base (all salaries and wages)
- $12,475,644
- Salaries, other pay and benefits
- $16,520,251
- Employees
- 209
- Salary base per employee
- $59,692
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (18)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Kathryn Davis | PRESIDENT & CEO | Officer | 60 | $776,000 |
| Todd McCoy | FORMER CHIEF FINANCIAL OFFICER | Officer | 40 | $122,477 |
| Mary Roberts | CHIEF FINANCIAL OFFICER | Officer | 50 | $106,291 |
| Fred Cruz | VICE CHAIR | Board, Officer | 2 | None reported |
| Patti Gillihan | SECRETARY AND TREASURER | Board, Officer | 2 | None reported |
| Chris Peterson | CHAIR | Board, Officer | 2 | None reported |
| Paul Emanuels | FORMER VP, LENDING | Key employee | 40 | $338,482 |
| Andrea Brooks | CHIEF RISK OFFICER | Key employee | 50 | $292,708 |
| Chris Hewitt | VP, OPS & DIGITAL STRATEGY | Key employee | 40 | $247,952 |
| Christopher Braun | VP, PAYMENTS | Key employee | 40 | $227,975 |
| Betino Marcelo | CHEIF LENDING OFFICER | Key employee | 50 | $225,662 |
| Courtnay Lynch | VP, PEOPLE & CULTURE | Key employee | 50 | $211,330 |
| Byron Miller | FORMER VP, TECHNOLOGY | Key employee | 40 | $210,012 |
| Gary Hall | DIRECTOR | Board | 1 | None reported |
| Tom Kane | FORMER DIRECTOR | Board | 2 | None reported |
| Donna Riley | DIRECTOR | Board | 2 | None reported |
| John Schneider | DIRECTOR | Board | 2 | None reported |
| Tamra Spade | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $2,926,329, which is 23.5% of the $12,475,644 salary base shared by 209 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Kathryn Davis | PRESIDENT & CEO | Officer | 60 | $710,897 | $0 | $65,103 | $776,000 |
| Paul Emanuels | FORMER VP, LENDING | Key employee | 40 | $323,257 | $0 | $15,225 | $338,482 |
| Andrea Brooks | CHIEF RISK OFFICER | Key employee | 50 | $252,713 | $0 | $39,995 | $292,708 |
| Chris Hewitt | VP, OPS & DIGITAL STRATEGY | Key employee | 40 | $210,863 | $0 | $37,089 | $247,952 |
| Christopher Braun | VP, PAYMENTS | Key employee | 40 | $217,449 | $0 | $10,526 | $227,975 |
| Betino Marcelo | CHEIF LENDING OFFICER | Key employee | 50 | $202,017 | $0 | $23,645 | $225,662 |
| Raymond McCaslin | FORMER VP, COMMERCIAL BANKING | Highly paid employee | 45 | $189,206 | $0 | $30,838 | $220,044 |
| Courtnay Lynch | VP, PEOPLE & CULTURE | Key employee | 50 | $186,398 | $0 | $24,932 | $211,330 |
| Byron Miller | FORMER VP, TECHNOLOGY | Key employee | 40 | $175,761 | $0 | $34,251 | $210,012 |
| Lindsay Sansen | DIRECTOR, MARKETING | Highly paid employee | 45 | $139,594 | $0 | $36,570 | $176,164 |
Sources
- IRS e-file return 202513219349303616 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 94-1439553
- Organization website (as filed): www.valleyfirstcu.org