Virginia Credit Union Inc logo

Virginia Credit Union Inc

RICHMOND, VA EIN: 54-0578719 Website

TO BE OUR MEMBERS' TRUSTED PROVIDER OF FINANCIAL SERVICES, HELPING THEM ACHIEVE GREATER SUCCESS.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$5.3B

+4.7% YoY

Annual Giving

$1.4M

+10.6% YoY

Grant Count

22

+22.2% YoY

Avg Grant Size

$62K

-9.5% YoY

About Virginia Credit Union Inc

Based on IRS filings

Virginia Credit Union Inc is a nonprofit organization, based in RICHMOND, VA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $5.3B in total assets. In 2023, it awarded 22 grants totaling $1.4M. Net investment income was $53.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CharlottesvilleChesterfiledColonial HeightsFarmvilleFredericksburgGlen AllenLynchburgMadisonRichmondSalt Lake CityWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$94M$188M$282M$376M2020202120222023
Metric202320222021
Total Assets$5,324,355,565$5,086,460,688$4,993,101,039
Revenue$341,774,027$269,593,613$263,088,979
Expenses$319,471,859$219,484,073$212,439,527
Qualifying Distributions
Net Investment Income$53,176,752$30,889,640$34,584,002
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$339K$677K$1M$1M10 grants202011 grants202118 grants202222 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

VCU SCHOOL OF BUSINESS F…$1.0MVCU$50KWORLDWIDE FOUNDATION FOR…$50KCHAMBER RVA$30KBOYS AND GIRLS CLUB$25KJR ACHIEVEMENT$20KUVA ATHLETICS$18KVA COUNCIL ON ECOMOMIC E…$16KCHILDRENS HOSPITAL$15KVCU ATHLETICS FUND$15K

Grant Size Distribution

61 grants across all recorded years

54<$50K3$50–100K$100–250K$250–500K$500K–1M4$1–5M$5M+

Open Grants

1 open opportunity from Virginia Credit Union Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

CHRISTOPHER SHOCKLEYPRESIDENT/CEO$1.1MCHRISTOPHER N SANEDASEVP/COO$1.1MSTEPHANIE VICKEVP/CFO$769KJOHN STONEEVP FIN SER/CUSO PRES$517KMARYANN FATHEDDINEVP HUMAN RESOURCES$491KMICHAEL NOBLEEVP CHIEF BUS BANKING OFFI$487KLEE DRANOFFEVP LENDING$471KDEBORAH WREDENEVP PRODUCT AND STRATEGY$469KROBERT BOLLINGDIRECTOR/SECRETARY TREASUR$6KKENNETH E AMPYDIRECTOR/BOARD CHAIR$6KPAUL THOMPSONDIRECTOR$6KMELINA DAVISDIRECTOR/BOARD VICE CHAIR$6KBRIAN K JACKSONDIRECTOR$6KERIC B TOLBERTDIRECTOR$6KROBERT JONESDIRECTOR$6KPATRICIA GREENDIRECTOR$4KJOHN T GRIERDIRECTOR$1K

From 2023 filing

NameTitleHoursCompensation
KIMBERLY BAINEDIRECTOR5
ROBERT BOLLINGDIRECTOR/SECRETARY TREASUR5$6,165
KENNETH E AMPYDIRECTOR/BOARD CHAIR10$6,165
ERIC B TOLBERTDIRECTOR5$5,736
PAUL THOMPSONDIRECTOR5$6,165
MELINA DAVISDIRECTOR/BOARD VICE CHAIR5$6,165
ROBERT JONESDIRECTOR5$5,618
BRIAN K JACKSONDIRECTOR5$6,165
JOHN T GRIERDIRECTOR5$1,488
PATRICIA GREENDIRECTOR5$4,260
TRACY MCCABEDIRECTOR5
CHRISTOPHER SHOCKLEYPRESIDENT/CEO60$1,136,990
STEPHANIE VICKEVP/CFO55$768,990
CHRISTOPHER N SANEDASEVP/COO55$1,085,363
DEBORAH WREDENEVP PRODUCT AND STRATEGY55$469,262
LEE DRANOFFEVP LENDING55$471,048
MICHAEL NOBLEEVP CHIEF BUS BANKING OFFI55$487,201
MARYANN FATHEDDINEVP HUMAN RESOURCES55$490,637
JOHN STONEEVP FIN SER/CUSO PRES55$516,705

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

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