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Veridian Credit Union

WATERLOO, IA EIN: 42-1132695 Website

THE MISSION OF VERIDIAN CREDIT UNION IS TO PARTNER WITH MEMBERS TO CREATE SUCCESSFUL FINANCIAL FUTURES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.0B

+6.9% YoY

Annual Giving

$752K

+37.5% YoY

Grant Count

39

+69.6% YoY

Avg Grant Size

$19K

-18.9% YoY

About Veridian Credit Union

Based on IRS filings

Veridian Credit Union is a nonprofit organization focused on Public, Societal Benefit, based in WATERLOO, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $8.0B in total assets. In 2024, it awarded 39 grants totaling $752K. Net investment income was $24.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ANKENYBOONECEDAR FALLSCEDAR RAPIDSCOUNCIL BLUFFSDES MOINESINDEPENDENCEIOWA CITYJESUPJOHNSTONMARIONMINNEAPOLISOELWEINOMAHAPAPILLIONST PAULWATERLOOWAUKEEWAVERLYWEST DES MOINES

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$126M$253M$379M$506M201920202021202220232024
Metric202420232022
Total Assets$7,964,809,440$7,452,103,478$6,898,328,206
Revenue$459,755,519$393,776,056$308,336,218
Expenses$366,394,437$320,519,571$208,710,140
Qualifying Distributions
Net Investment Income$24,287,603$17,902,892$-968,683
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$188K$376K$564K$752K27 grants201925 grants202021 grants202120 grants202223 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

IOWA CREDIT UNION LEAGUE$100KOPERATION THRESHOLD$100KCOMMUNITY FOUNDATION OF …$90KGROW CEDAR VALLEY$38KUNITED WAY OF CENTRAL IOWA$37KCEDAR VALLEY UNITED WAY$32KHEARTLAND HOPE MISSION$25KGREATER DES MOINES BOTAN…$25KHOUSE OF HOPE$20KANAWIM HOUSING$15K

Grant Size Distribution

128 grants across all recorded years

115<$50K8$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Veridian Credit Union

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Iowa Credit Union League ($100,421), Operation Threshold ($100,000), Community Foundation of Northeast Iowa ($90,000).

RecipientPurposeAmount
IOWA CREDIT UNION LEAGUE DES MOINES, IAMEMBER ENGAGEMENT$100,421
OPERATION THRESHOLD WATERLOO, IAIDA FUNDING$100,000
COMMUNITY FOUNDATION OF NORTHEAST IOWA CEDAR FALLS, IAGRANTS AND ONE CEDAR VALLEY FUND$90,000
GROW CEDAR VALLEY WATERLOO, IAECONOMIC DEVELOPMENT$37,500
UNITED WAY OF CENTRAL IOWA DES MOINES, IAGENERAL SUPPORT$37,000
CEDAR VALLEY UNITED WAY WATERLOO, IAGENERAL SUPPORT$32,000
HEARTLAND HOPE MISSION OMAHA, NECAPITAL CAMPAIGN$25,000
GREATER DES MOINES BOTANICAL GARDEN DES MOINES, IACAPITAL CAMPAIGN$25,000
HOUSE OF HOPE WATERLOO, IACAPITAL CAMPAIGN$20,000
ANAWIM HOUSING DES MOINES, IAVERIDIAN GIVES BACK DONATION$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RENEE CHRISTOFFERPRESIDENT/CEO$1.2MDOUGLAS GILBERTSONFORMER CHIEF OPERATIONS OFFI…$564KKEITH MESCHCHIEF FINANCIAL OFFICER$535KBRETT ENGSTROMCHIEF INFORMATION OFFICER$406KMARK KOPPEDRYERCHIEF EXPERIENCE OFFICER$384KKARA VANWERTCHIEF LENDING OFFICER$374KSHAWNA MATZCHIEF PEOPLE OFFICER$374KGREGORY SLESSORSENIOR VP OF LEGAL$368KEMILY L KUNTZVP - CONTROLLER$266KCHRISTI HULMEVP OF MEMBER CONTACT CENTER$250KSTEVEN LINDAMANVP OF COMMERCIAL AND MORTGAGE$247KMOLLY SCHMIDTVP OF INFORMATION TECHNOLOGY$224KJUSTINE TEUTBOARD OF DIRECTOR$24KAUBREY WARDBOARD OF DIRECTOR$5KTRACI MCBEECHAIRPERSON ELECT$2KWILL MONTGOMERYBOARD OF DIRECTOR$2KWILLIAM BOEVERSSECRETARY$2KLARRY LOSSBOARD OF DIRECTOR$2KCINDY SPROLEBOARD OF DIRECTOR$798STEPHANIE ATKINCHAIRPERSON$782EMSAD BEGICBOARD OF DIRECTOR$485CYNTHIA BUETTNERBOARD OF DIRECTOR$135PAMELA AYRESFORMER BOARD OF DIRECTOR$98

From 2024 filing

NameTitleHoursCompensation
STEPHANIE ATKINCHAIRPERSON6$782
PAMELA AYRESFORMER BOARD OF DIRECTOR6$98
EMSAD BEGICBOARD OF DIRECTOR6$485
WILLIAM BOEVERSSECRETARY6$1,885
CYNTHIA BUETTNERBOARD OF DIRECTOR6$135
JAMES KACHERBOARD OF DIRECTOR6
BOB KRESSIGBOARD OF DIRECTOR6
LARRY LOSSBOARD OF DIRECTOR6$1,721
TRACI MCBEECHAIRPERSON ELECT6$2,468
WILL MONTGOMERYBOARD OF DIRECTOR6$2,110
CINDY SPROLEBOARD OF DIRECTOR6$798
JUSTINE TEUTBOARD OF DIRECTOR6$24,356
AUBREY WARDBOARD OF DIRECTOR6$4,534
NICK WATERSTREASURER6
RENEE CHRISTOFFERPRESIDENT/CEO50$1,206,516
KEITH MESCHCHIEF FINANCIAL OFFICER50$535,227
BRETT ENGSTROMCHIEF INFORMATION OFFICER50$405,967
MARK KOPPEDRYERCHIEF EXPERIENCE OFFICER50$383,968
SHAWNA MATZCHIEF PEOPLE OFFICER50$373,685
KARA VANWERTCHIEF LENDING OFFICER50$374,342
CHRISTI HULMEVP OF MEMBER CONTACT CENTER50$250,036
EMILY L KUNTZVP - CONTROLLER50$266,451
GREGORY SLESSORSENIOR VP OF LEGAL50$367,523
STEVEN LINDAMANVP OF COMMERCIAL AND MORTGAGE50$247,201
MOLLY SCHMIDTVP OF INFORMATION TECHNOLOGY50$224,450
DOUGLAS GILBERTSONFORMER CHIEF OPERATIONS OFFICER$563,602

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Veridian Credit Union?

Veridian Credit Union is a nonprofit organization focused on Public, Societal Benefit, based in WATERLOO, IA. It holds $8.0B in total assets as of 2024.

How large is Veridian Credit Union?

As of 2024, Veridian Credit Union holds $8.0B in total assets with $459.8M in annual revenue. It awarded 39 grants totaling $752K in 2024.

Where does Veridian Credit Union operate?

Veridian Credit Union has awarded grants in Iowa, Minnesota, Nebraska.

What size grants does Veridian Credit Union award?

In 2024, Veridian Credit Union awarded 39 grants totaling $752K — an average of about $19K per grant, based on its IRS Form 990 filings.

What is Veridian Credit Union's EIN?

Veridian Credit Union's EIN (Employer Identification Number) is 42-1132695. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Veridian Credit Union's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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