Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2001.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
12 people listed on the 990; $627K paid to officers and key staff.
Mario Aguirre’s $352K as President/CEO is at the 58th percentile of top reported officer pay among 232 $10–100M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Mario Aguirre | $352,101 | $283,383 | $293,738 | $215,756 | $144,271 |
| Maria Travis | $134,492 | $131,483 | $130,723 | $116,066 | $98,465 |
| John Lenz | $96,343 | $117,730 | $122,496 | $108,894 | $102,234 |
| John Gregg | $43,840 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Helps members save money and get affordable loans.
Questions for Vicinity Credit Union
Your first name shows with your question. Vicinity Credit Union answers here, for everyone.
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Income from the credit union membership and from the investment of members' funds provide the foundation from which the credit union can function and provide services to its restricted membership.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $26.3M | $55.1M |
| InvestmentsLn 11–13 | $114.0M | $95.0M |
| Land, buildings, equipmentLn 10c | $2.2M | $924K |
| Total assetsLn 16 | $286.6M | $275.6M |
| LiabilitiesLn 26 | $278.4M | $266.5M |
| Net assetsLn 32 | $8.2M | $9.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $653K | |||
| Other salaries and wagesLn 7 | $2.4M | |||
| Pension plan contributionsLn 8 | $19K | |||
| Other employee benefitsLn 9 | $338K | |||
| Payroll taxesLn 10 | $238K | |||
| Management feesLn 11a | $93K | |||
| Legal feesLn 11b | $15K | |||
| Accounting feesLn 11c | $185K | |||
| Other fees for servicesLn 11g | $33K | |||
| Advertising and promotionLn 12 | $189K | |||
| Office expensesLn 13 | $933K | |||
| Information technologyLn 14 | $657K | |||
| OccupancyLn 16 | $808K | |||
| TravelLn 17 | $50K | |||
| Conferences, conventions and meetingsLn 19 | $32K | |||
| InterestLn 20 | $4.0M | |||
| Depreciation, depletion and amortizationLn 22 | $369K | |||
| InsuranceLn 23 | $74K | |||
| Other expenses (24a–d)Ln 24 | $2.4M | |||
| All other expensesLn 24e | $98K | |||
| Total functional expensesLn 25 | $13.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $13.3M | $13.6M | −$321K | $9.1M | 990 PDF |
| FY2023 | $13.8M | $14.1M | −$282K | $8.2M | 990 PDF |
| FY2022 | $9.4M | $9.2M | $207K | $7.8M | 990 PDF |
| FY2021 | $8.1M | $7.3M | $819K | $20.6M | 990 PDF |
| FY2020 | $7.9M | $7.8M | $159K | $22.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $13,283,274 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $13,283,274 across 5 lines filed
Part IX · Statement of functional expenses $13,603,782 across 20 lines filed
Part X · Balance sheet $275,637,523 assets, 14 lines filed
Part XI · Reconciliation of net assets $9,143,676 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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