Volt Credit Union

Springfield, MOUnknown exempt organization EIN 44-0444090Revenue $5.3M in FY2024Latest return filed Oct 1, 2025

On file with the IRSvoltcu.orgSpringfield, MO

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The Credit Union exists to help members build long-term financial security.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 44-0444090) · Dispute this line
Run by 9 volunteers and 34 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $197K a year · 4% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$329K
to officers and key staff · 6% of spending
Pay to officers and key staff is 6% of spending.
Part VII, Section A
40.1 mo
of spending, in cash
40.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$78.4M
91% of total assets
Liabilities are 91% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$5.3M
+12% vs prior year
Spent
$5.1M
Net assets
$7.8M
By yearFY2020–FY2024
Revenue
$5.3M
FY2024▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.9M
FY2021$3.9M
FY2022$4.1M
FY2023$4.7M
FY2024$5.3M
Expenses
$5.1M
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.9M
FY2021$3.7M
FY2022$3.9M
FY2023$4.5M
FY2024$5.1M
Net assets
$7.8M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.9M
FY2021$7.1M
FY2022$7.3M
FY2023$7.6M
FY2024$7.8M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990; $329K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/CEO (current)
$148,258Pt VII · Sec A
Chief Operations Officer
$92,942Pt VII · Sec A
Chief Administrative Offic
$88,234Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Loretta Roney—$64,391$240,486$158,245$152,199
Christopher Moss$148,258$31,999———
Shana Jahnke$92,942$103,258$108,261——
Vicki Owens$88,234$88,236———

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.

See Volt Credit Union executive salaries →

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 build long-term financial security through credit union services.

Questions for Volt Credit Union

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Your first name shows with your question. Volt Credit Union answers here, for everyone.

3 programs · in their own filed words · FY2024
01

Provides a source of Credit to members at a fair and reasonable rate of interest. As of december 31, 2024, loans outstanding totaled $56,826,789, including loan participations.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 44-0444090) · Dispute this line
Pt IX · Ln 25 · col B
02

Provides financial and financially related services to 6,884 members.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 44-0444090) · Dispute this line
Pt IX · Ln 25 · col B
03

Paid dividends on deposits totaling $602,539 for the year.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 44-0444090) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$5K
Grants paid · 3 grants · $34K · 2020–2022

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.3M
Ln 12
Fees for servicesLn 2g$4.6M
Investment incomeLn 3$711K
Other incomeLn 4–11$20K
Money outPt IX
$5.1M
Ln 25
Owns and owesPt X
$7.8M
net assets · Ln 32
Cash and savingsLn 1–2$16.9M
Total assetsLn 16$86.2M
LiabilitiesLn 26$78.4M
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$4.6M
Investment incomeLn 3$711K
Other incomeLn 4–11$20K
Gains on assetsLn 7$945
Total revenueLn 12$5.3M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$15.4M
Cash and savings togetherLn 1–2$16.9M
Notes and loans receivableLn 7$57.0M
Prepaid expenses and deferred chargesLn 9$315K
Land, buildings, equipmentLn 10c$5.5M
InvestmentsLn 11–13$2.7M
Other assetsLn 15$3.7M
Total assetsLn 16$86.2M
LiabilitiesLn 26$78.4M
Net assetsLn 32$7.8M
OperationsPt I, VI
EmployeesI 534
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$19.9M$16.9M
InvestmentsLn 11–13$3.8M$2.7M
Land, buildings, equipmentLn 10c$5.5M$5.5M
Total assetsLn 16$88.7M$86.2M
LiabilitiesLn 26$81.1M$78.4M
Net assetsLn 32$7.6M$7.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3K
Pay of officers and key staff (Part IX, line 5)Ln 5$345K
Other salaries and wagesLn 7$1.2M
Pension plan contributionsLn 8$24K
Other employee benefitsLn 9$122K
Payroll taxesLn 10$122K
Legal feesLn 11b$9K
Accounting feesLn 11c$37K
Investment management feesLn 11f$247
Other fees for servicesLn 11g$681K
Advertising and promotionLn 12$199K
Office expensesLn 13$199K
Information technologyLn 14$360K
OccupancyLn 16$245K
TravelLn 17$27K
Conferences, conventions and meetingsLn 19$19K
InterestLn 20$216K
Depreciation, depletion and amortizationLn 22$168K
InsuranceLn 23$41K
Other expenses (24a–d)Ln 24$1.1M
All other expensesLn 24e$7K
Total functional expensesLn 25$5.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Oct 1, 2025 $5.3M$5.1M$230K$7.8M 990 PDF
FY2023Filed with the IRS Oct 25, 2024 $4.7M$4.5M$271K$7.6M 990 PDF
FY2022Filed with the IRS Oct 30, 2023 $4.1M$3.9M$244K$7.3M 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $3.9M$3.7M$198K$7.1M 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $3.9M$3.9M$44K$6.9M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $5,300,505 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $4,213,358$4,569,419
I-10 Investment incomePrior year $500,028$711,592
I-11 Other revenuePrior year $20,343$19,494
I-12 Total revenuePrior year $4,733,729$5,300,505
I-13 Grants and similar amounts paidPrior year $15,200$3,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,649,549$1,811,855
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,797,502$3,256,043
I-18 Total expensesPrior year $4,462,251$5,070,898
I-19 Revenue less expensesPrior year $271,478$229,607
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,300,505 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,521,066 · Unrelated business $48,353$4,569,419
VIII-3 Investment incomeRelated to mission $710,647$710,647
VIII-5 RoyaltiesRelated to mission $19,494$19,494
VIII-7 Net gain or loss on sales of assetsRelated to mission $945$945
VIII-12 Total revenueRelated to mission $5,252,152 · Unrelated business $48,353 · Excluded from tax $0$5,300,505
Part IX · Statement of functional expenses $5,070,898 across 21 lines filed
IX-2 Grants to domestic individuals$3,000
IX-5 Pay of officers and key staff (Part IX, line 5)$345,073
IX-7 Other salaries and wages$1,199,714
IX-8 Pension plan contributions$23,780
IX-9 Other employee benefits$121,521
IX-10 Payroll taxes$121,767
IX-11b Legal fees$8,870
IX-11c Accounting fees$36,531
IX-11f Investment management fees$247
IX-11g Other fees for services$680,512
IX-12 Advertising and promotion$199,053
IX-13 Office expenses$198,701
IX-14 Information technology$359,644
IX-16 Occupancy$244,600
IX-17 Travel$26,777
IX-19 Conferences, conventions and meetings$18,548
IX-20 Interest$215,549
IX-22 Depreciation, depletion and amortization$168,124
IX-23 Insurance$40,678
IX-24 Other expenses (24a–d)$1,051,590
IX-24e All other expenses$6,619
IX-25 Total functional expenses$5,070,898
Part X · Balance sheet $86,217,150 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $1,330,161$1,505,490
X-2 Savings and temporary cash investmentsStart of year $18,547,020$15,428,285
X-7 Notes and loans receivableStart of year $55,824,045$57,026,981
X-9 Prepaid expenses and deferred chargesStart of year $218,153$314,896
X-10c Land, buildings and equipment, netStart of year $5,464,829$5,531,300
X-12 Other securitiesStart of year $3,805,577$2,723,218
X-15 Other assetsStart of year $3,062,997$3,686,980
X-16 Total assetsStart of year $88,669,976$86,217,150
X-17 Accounts payable and accrued expensesStart of year $805,192$453,821
X-23 Secured mortgages and notes payableStart of year $5,000,000$5,000,000
X-25 Other liabilitiesStart of year $75,284,360$72,948,850
X-26 Total liabilitiesStart of year $81,089,552$78,402,671
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $7,580,424$7,814,479
X-32 Total net assets or fund balancesStart of year $7,580,424$7,814,479
X-33 Total liabilities and net assetsStart of year $88,669,976$86,217,150
Part XI · Reconciliation of net assets $7,814,479 net assets at year end
XI-1 Total revenue$5,300,505
XI-2 Total expenses$5,070,898
XI-3 Revenue less expenses$229,607
XI-4 Net assets at start of year$7,580,424
XI-5 Net unrealized gains (losses) on investments$4,448
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,814,479

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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