Greater Nevada Credit Union
501(c)(14)
Only null% goes to programs
Greater Nevada Credit Union is a 501(c)(14) organization based in Carson City, Nevada, registered in 2016, with $108,667,755 in FY2024 revenue. CharityIndex grades it C+.
451 Eagle Station Ln, Carson City, NV, 89701 EIN 88-0063808 Since 2016
Revenue (FY2024)
$108.7M
▲ 12.4% vs prior year
Expenses (FY2024)
$146.7M
Net assets
$64.1M
Employees
464
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Greater Nevada Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating5 mo reserves · -35% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Greater Nevada Credit Union: 5 mo reserves · -35% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Greater Nevada Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Greater Nevada Credit Union: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide quality financial services to members.
What they do
Mortgage services - originating, selling, and servicing of real estate mortgages. during 2024, the credit union funded $120,739,791 million in mortgage loans.
Contact & location
- Address
- 451 Eagle Station Ln, Carson City, NV, 89701
- City
- Carson City
- State
- Nevada
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $35.0M (FY2013) to $108.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.7BNet assets $64.1M
Operating margin
-35.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7B
Total liabilities
$1.7B
Net assets
$64.1M
Salaries & benefits
$29.8M
20% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $108,667,755▲12.4% | $146,742,098▲27.6% | $64,077,763▼36.4% | $1,735,932,952▼1.2% | 990 |
| 2023 | $96,660,698▲18.5% | $115,001,515▲46.2% | $100,785,864▼14.2% | $1,756,847,081▼0.6% | 990 |
| 2022 | $81,598,679▼15.6% | $78,661,196▲0.7% | $117,449,744▼16.9% | $1,767,200,524▲9.4% | 990 |
| 2021 | $96,680,282▲3.5% | $78,080,188▼1.7% | $141,330,323▲12.6% | $1,614,964,186▲19.2% | 990 |
| 2020 | $93,422,671▲26.4% | $79,459,124▲26.4% | $125,494,655▲13.0% | $1,354,807,772▲27.5% | 990 |
| 2019 | $73,910,723▲7.5% | $62,877,901▲15.6% | $111,058,458▲14.4% | $1,062,492,971▲10.1% | 990 |
| 2018 | $68,729,217▲8.4% | $54,410,946▲6.4% | $97,120,580▲15.6% | $964,645,139▲10.4% | 990 |
| 2017 | $63,403,288▲20.8% | $51,155,014▲14.9% | $84,028,195▲27.9% | $873,801,899▲29.1% | 990 |
| 2016 | $52,489,211▲22.4% | $44,530,161▲21.0% | $65,721,995▲13.3% | $676,914,655▲15.2% | 990 |
| 2015 | $42,867,566▲24.7% | $36,786,880▲27.7% | $57,994,402▲11.2% | $587,660,066▲14.0% | 990 |
| 2014 | $34,379,757▼1.8% | $28,812,678▲1.6% | $52,168,223▲14.9% | $515,657,805▲13.4% | 990 |
| 2013 | $35,023,351 | $28,366,355▲2.4% | $45,395,534▲9.2% | $454,759,684▲2.2% | 990 |
| 2012 | — | $27,714,371▼5.1% | $41,563,494▲37.2% | $445,130,759▲0.1% | 990 |
| 2011 | — | $29,216,601▼32.9% | $30,298,416▲20.6% | $444,741,327▼4.5% | 990 |
| 2010 | — | $43,539,667 | $25,114,994 | $465,853,458 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Daniel Delarosa — $518,899 (0.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Daniel Delarosa | President/ceo | 40 | $518,899 |
| Michael Dietrich | Chief Technology Officer | 40 | $322,064 |
| Richard Hassman | Chief Financial Officer | 40 | $310,816 |
| Marcus Wertz | Chief Lending Officer | 40 | $292,693 |
| Jen Treadway | Chief People Officer | 40 | $280,054 |
| Michael Thomas - Sr Vp Comms | (thru 02/24)/cso (as of 02/24) | 40 | $270,425 |
| James Anderson | President, Gnm | 40 | $242,098 |
| Nicholas Rosival - Sr Vp | Of Enterprise Tech (as of 02/24) | 40 | $221,369 |
| Patricia Chang | Senior Vp of Risk and Operations | 40 | $215,594 |
| John Ahdunko | Senior Vp of Member Success | 40 | $205,475 |
| Regina Curtis | Senior Vp of Commercial Lending | 40 | $186,627 |
| Veronica Gomez | Vp of Digital Member Experience | 40 | $169,754 |
| Joyce Whitney- Silva - Former | Chief Financial Officer (thru 10/22) | 40 | $161,837 |
| Marsha Burgess | Director | 4 | $8,156 |
| Paul Richey | Director | 4 | $7,326 |
| Rob Joiner - Chair | (thru 03/24)/v. Chair (as of 03/24) | 6 | $6,095 |
| William Arensdorf - V Chair | (thru 03/24)/chair (as of 03/24) | 8 | $2,765 |
| Barbara Byington | Director | 4 | — |
| Jeremy Glipin | President, Gcl (thru 10/24) | 0 | — |
| Jon Steele | Secretary | 4 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Gibson Dunn & Crutcher LLP | Legal Services | $2,656,664 |
| Fiserv | Core Processor Services | $1,518,506 |
| Q2 Software | Online Banking Software | $1,369,595 |
| Maynard Nexsen | Legal Services | $1,151,777 |
| Sectran Security Inc | Currency Transport/security | $963,398 |
Grants made · $525K in FY2024
28 grants totaling $525K in FY2024 — showing the 15 largest. All grants made by Greater Nevada Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Nevada-reno Foundation | Programs focused on supporting music programs, food insecurity, financial education, and improving educational attainment for students at the university | $176,000 |
| Renown Health Foundation | Support for the children's hospital | $50,000 |
| Northern Nevada Dream Center | Program to bring hope and relief to individuals and families in need by providing support and services that address hunger, poverty, homelessness, addiction, education, and spiritual well-being | $18,848 |
| Renown Regional Medical Center | Program to make a genuine difference in the health and well-being of the people and communities they serve | $18,500 |
| Eddy House | Program helps homeless teens with food and shelter | $17,683 |
| Channel 5 Public Broadcasting Inc | Pbs reno provides trustworthy and accessible quality content and educational services | $15,507 |
| Nevada Womens Fund | Empowering women to achievement through education and career advancement | $15,500 |
| The Food Bank of Northern Nevada Inc | Northern nevada's largest food insecurity non-profit, serving those in need through more than 150 partner agencies and direct service programs | $15,000 |
| Empowerment Center | Help women who suffer from substance abuse to restore their dignity and quality of life | $12,590 |
| Carson Valley Community Food Closet Inc | Help provide nutritious food to individuals and families facing food insecurity | $12,500 |
| Boys and Girls Club of Truckee Meadows | Programs focused on enabling all young people, especially those who need it most, to reach their full potential as productive, caring, responsible citizens | $12,500 |
| Board of Regents Nevada System of Higher Education | Programs for student scholars and education | $12,500 |
| Big Brothers Big Sisters of Northern Nevada | Program to create and support one-to-one mentoring relationships that ignite the power and promise of youth | $10,000 |
| Boys & Girls Club of Mason Valley Inc | Enable all young people to grow up and become caring and productive members of society | $10,000 |
| Boys and Girls Clubs of Western Nevada | Programs to inspire and enable all young people, especially those who need it most, to realize their full potential as productive, responsible, and caring citizens | $10,000 |
Frequently asked questions
- Is Greater Nevada Credit Union a legitimate nonprofit?
- Yes. Greater Nevada Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 88-0063808, based in Carson City, Nevada.
- What is Greater Nevada Credit Union's EIN?
- Greater Nevada Credit Union's Employer Identification Number (EIN) is 88-0063808.
- How much revenue does Greater Nevada Credit Union report?
- Greater Nevada Credit Union reported $108,667,755 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Greater Nevada Credit Union have?
- CharityIndex grades Greater Nevada Credit Union C+, based on financial health (reserves and operating margin).
- How much does Greater Nevada Credit Union's highest-paid employee make?
- The highest reported compensation on Greater Nevada Credit Union's latest Form 990 is $518,899, paid to Daniel Delarosa (President/ceo).
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Data for Greater Nevada Credit Union (EIN 88-0063808) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.