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Del Norte Credit Union

Public charity · Grantmaker Los Alamos, NM EIN: 85-0124035 Website

Del Norte Credit Union (DNCU) is organized as a cooperative association with the mission of improving lives by promoting thrift among, and creating a source of credit for its members.

Key facts about Del Norte Credit Union

In short: Del Norte Credit Union gave $398K across 1 grant in 2024 (avg $398K), mostly in New Mexico. Source: 2024 IRS Form 990.

EIN
85-0124035
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$397,939
Grants made (2024)
1
Average grant
$397,939
Median grant
$397,939
Total assets
$1,302,207,887
Primary geography
New Mexico (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.3B

+20.9% YoY

Annual Giving

$398K

Grant Count

1

Avg Grant Size

$398K

About Del Norte Credit Union

Based on IRS filings

Del Norte Credit Union is a public charity, based in Los Alamos, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3B in total assets. In 2024, it awarded 1 grant totaling $398K.

Open Grants

3 open opportunities from Del Norte Credit Union

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Santa Fe

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $398K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Del Norte LOV Foundation: $398KDel Norte LOV Foundation$398K

The largest 2024 recipient was Del Norte LOV Foundation ($398K).

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Del Norte LOV Foundation Santa Fe, NMImproving the quality of life of youth and their families in northern New Mexico$397,939

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25M$50M$75M$100M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,302,207,887$1,077,444,027$1,030,042,670
Revenue$73,854,217$55,559,728$45,843,178
Expenses$61,911,008$47,477,828$34,969,340
Net Investment Income——$6,700

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Del Norte Credit Union is led by Charles Chuck Valenti, Fmr CEO since 2024 (on filings since 2020); 17 of 27 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Charles Chuck Valenti

    Fmr CEO

    CEO → Fmr CEO, 2024

    On filings since 2020

    32 hrs/week

    $409K (2020) → $189K (2024)

  • John R. Molenda Jr.

    CEO

    CEO Elect → CEO, 2024

    On filings since 2023

    40 hrs/week

    $84K (2023) → $284K (2024)

  • Clyde A. Leyba

    Board Member & Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Art Salgado

    Board Member & Director

    Board Member & Vice Chair → Board Member & Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julie Feldman

    Board Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Luis Alba

    Board Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steven Santistevan

    Board Member & Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • David Lee

    Board Member & Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Christopher McGee

    Chief Information Officer

    On filings since 2020

    40 hrs/week

    $174K (2020) → $199K (2024)

  • David Weidauer

    Executive Vice President

    On filings since 2020

    40 hrs/week

    $213K (2020) → $294K (2024)

  • Debbie Salazar

    Chief Exp. Officer

    Chief Experience Officer → Chief Member Experience Officer, 2022

    Chief Member Experience Officer → Chief Exp. Officer, 2023

    On filings since 2020

    40 hrs/week

    $181K (2020) → $211K (2024)

  • Kerry Stacy

    Chief Performance Officer

    Chief Strategy Officer → Chief Performance Officer, 2021

    On filings since 2020

    40 hrs/week

    $180K (2020) → $200K (2024)

  • Kevin Southwick

    Chief Business Officer

    Clo → Chief Lending Officer, 2021

    Chief Lending Officer → Chief Business Officer, 2024

    On filings since 2020

    40 hrs/week

    $157K (2020) → $189K (2024)

  • Kimberly Currie

    Chief Marketing Officer

    CMO → Chief Marketing Officer, 2021

    On filings since 2020

    40 hrs/week

    $149K (2020) → $182K (2024)

  • Marco Padilla

    Chief Lending Officer

    Senior Vice President Lending → Chief Lending Officer, 2024

    On filings since 2020

    40 hrs/week

    $138K (2020) → $198K (2024)

  • Pamela Atencio

    Chief Operations Officer

    COO → Chief Operations Officer, 2021

    On filings since 2020

    40 hrs/week

    $128K (2020) → $191K (2024)

  • Ralph Flores

    Assistant Vice President Mortgage Loan Officer

    Mortgage Loan Officer → Assistant Vice President Mortgage Loan Officer, 2024

    On filings since 2020

    40 hrs/week

    $196K (2020) → $164K (2024)

  • Amy McHugh

    Chief Risk Officer

    Chief Risk Officer → Senior Vice President Governance, Risk & Regulatory Affairs, 2022

    Senior Vice President Governance, Risk & Regulatory Affairs → Chief Risk Officer, 2024

    On filings since 2021

    40 hrs/week

    $114K (2021) → $178K (2024)

  • Dana Jaramillo

    Senior Vice President Support Ops

    Senior Vice President Support Operations → Senior Vice President Support Ops, 2023

    On filings since 2021

    40 hrs/week

    $124K (2021) → $151K (2024)

  • Matthew Cale

    Vice President It Core Systems

    On filings since 2022

    40 hrs/week

    $129K (2022) → $148K (2024)

  • Lori Schutt

    Senior Vice President of Hr

    On filings since 2023

    40 hrs/week

    $137K (2023) → $146K (2024)

  • Mark Riek

    Chief Finance Officer

    On filings since 2023

    40 hrs/week

    $157K (2023) → $196K (2024)

  • Rhonda Sanchez

    Vice President Member Business Operations Services

    New on the 2024 filing

    40 hrs/week

    $140K (2024)

  • Benito Salazar

    Board Member & Vice Chair

    Board Member & Director → Board Member & Vice Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Len Montoya

    Board Member & Treasurer

    Board Member & Secretary → Board Member & Treasurer, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Levi Lopez

    Board Member & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dennis Letters

    Board Member & Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Jolene Allen (2020–2023) — Chief Culture Officer
  • Former: Martin Varela (2020–2023) — Board Member & Director
  • Former: Timothy Vilter (2021–2023) — Chief Finance Officer
  • Former: Debra Chavez (2022–2023) — Vice President of Accounting
  • Former: Eric Baldonado (2022) — Vice President Community Relations
  • Former: Amanda George (2020–2021) — Mortgage Loan Officer
  • Former: Delia Cisneros (2020–2021) — Board Member & Director
  • Former: Gilbert Garcia (2020–2021) — Mortgage Loan Officer
  • Former: John Balli (2020–2021) — Executive Vice President
  • Former: Robert Ortega (2020–2021) — Vice President Mortgage Lending
  • Former: Yvette Romero (2020–2021) — Senior Vice President Member Experience
  • Former: Kathryn McNutt (2021) — Vice President Talent
  • Former: Lisa Munoz (2020) — Mortgage Loan Officer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

David Weidauer — EVP: $294KDavid WeidauerEVP$294KJohn R Molenda Jr — CEO: $284KJohn R Molenda JrCEO$284KDebbie Salazar — Chief EXP. Officer: $211KDebbie SalazarChief EXP. Officer$211KKerry Stacy — Chief Performance Officer: $200KKerry StacyChief Performance Officer$200KChristopher McGee — Chief Information Officer: $199KChristopher McGeeChief Information Officer$199KMarco Padilla — Chief Lending Officer: $198KMarco PadillaChief Lending Officer$198KMark Riek — Chief Finance Officer: $196KMark RiekChief Finance Officer$196KPamela Atencio — Chief Operations Officer: $191KPamela AtencioChief Operations Officer$191KCharles Chuck Valenti — FMR CEO (Until 05/16/2024): $189KCharles Chuck ValentiFMR CEO (Until 05/16/2024)$189KKevin Southwick — Chief Business Officer: $189KKevin SouthwickChief Business Officer$189KKimberly Currie — Chief Marketing Officer: $182KKimberly CurrieChief Marketing Officer$182KAmy McHugh — Chief Risk Officer: $178KAmy McHughChief Risk Officer$178KRalph Flores — AVP Mortgage Loan Officer: $164KRalph FloresAVP Mortgage Loan Officer$164KDana Jaramillo — SVP Support Ops: $151KDana JaramilloSVP Support Ops$151KMatthew Cale — VP It Core Systems: $148KMatthew CaleVP It Core Systems$148KLori Schutt — SVP of HR: $146KLori SchuttSVP of HR$146KRhonda Sanchez — VP Member Business Operations Services: $140KRhonda SanchezVP Member Business Operations…$140K

The highest reported compensation on the 2024 filing was $294K, to David Weidauer (EVP). 17 officers or directors reported compensation on that filing.

Frequently asked questions about Del Norte Credit Union

How much does Del Norte Credit Union give each year?

Del Norte Credit Union gave $398K across 1 grant in 2024, according to its 2024 IRS Form 990.

How large is Del Norte Credit Union?

Del Norte Credit Union reported $1.3B in total assets on its 2024 IRS Form 990. Its revenue that year was $73.9M.

Where does Del Norte Credit Union operate?

Del Norte Credit Union has awarded grants in New Mexico.

What is Del Norte Credit Union's EIN?

Del Norte Credit Union's EIN (Employer Identification Number) is 85-0124035. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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