Vizo Financial Corporate Credit Union
501(c)(14)
100% goes to programs Strong reserves Growing revenue
Vizo Financial Corporate Credit Union is a 501(c)(14) organization based in Middletown, Pennsylvania, registered in 1969, with $342,674,561 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
1201 Fulling Mill Rd, Middletown, PA, 17057 EIN 56-1295697 Since 1969
Revenue (FY2024)
$342.7M
▲ 9.8% vs prior year
Expenses (FY2024)
$309.6M
Net assets
$585.0M
Employees
190
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating100% to programs
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. For Vizo Financial Corporate Credit Union: 100% to programs earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +10% 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 Vizo Financial Corporate Credit Union: 23 mo reserves · +10% margin earns a A 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 Vizo Financial Corporate Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Vizo Financial Corporate Credit Union: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Vizo financial is the credit unions' 'credit union' offering liquidity services, investment solutions and payment services.
What they do
Funds management & liquidity services: one of the key services we provide members is a complete line of competitive short-term deposit products combined with lines-of-credit so that they can more effectively manage their cash flow needs.
Asset-liability management (alm) and risk management services: alm services include both consulting and modeling risks inherent in a credit union's balance sheet. our risk management services include compliance/regulatory training, information system risk assessments, business continuity planning, and enterprise risk management best practices. these services are designed to help credit unions best understand and mitigate risks they encounter in their operations.
Contact & location
- Address
- 1201 Fulling Mill Rd, Middletown, PA, 17057
- City
- Middletown
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $13.6M (FY2013) to $342.7M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5.5BNet assets $585.0M
Operating margin
9.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.0B
Total liabilities
$5.5B
Net assets
$585.0M
Salaries & benefits
$21.9M
7% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $342,674,561▲9.8% | $309,550,906▲23.2% | $584,956,439▲5.3% | $6,045,495,809 | 990 |
| 2023 | $312,063,561▲44.5% | $251,198,292▲86.0% | $555,402,919▲12.5% | $6,042,910,980▼10.4% | 990 |
| 2022 | $215,933,784▲39.0% | $135,018,605▲150% | $493,560,633▲8.5% | $6,740,797,633▲25.2% | 990 |
| 2021 | $155,341,145▲103% | $54,006,594▼7.4% | $454,695,021▲24.6% | $5,382,501,749▼27.1% | 990 |
| 2020 | $76,672,079▼33.4% | $58,336,350▼41.6% | $364,778,409▲13.6% | $7,383,800,862▲56.8% | 990 |
| 2019 | $115,178,255▲24.4% | $99,813,398▲24.8% | $321,018,991▲6.4% | $4,707,672,721▲30.5% | 990 |
| 2018 | $92,590,786▲37.3% | $79,994,064▲43.2% | $301,635,933▲1.5% | $3,607,137,172▼13.6% | 990 |
| 2017 | $67,412,796▲458% | $55,848,241▲499% | $297,045,207▲248% | $4,176,637,542▲186% | 990 |
| 2015 | $12,085,896▼10.2% | $9,320,688▼3.7% | $85,316,450▼1.2% | $1,458,564,292▲33.5% | 990 |
| 2014 | $13,463,925▼0.8% | $9,681,762▼0.3% | $86,310,731▲5.5% | $1,092,759,285▼20.6% | 990 |
| 2013 | $13,571,542 | $9,713,667▲0.8% | $81,837,464▲3.4% | $1,376,975,643▼0.4% | 990 |
| 2012 | — | $9,637,014▼16.0% | $79,170,474▲21.7% | $1,382,776,073▼4.6% | 990 |
| 2011 | — | $11,475,692▼22.5% | $65,059,924▲668% | $1,450,098,602▼24.4% | 990 |
| 2010 | — | $14,810,686 | -$11,444,657 | $1,917,670,925 | 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: Jeffrey Stoner — $778,996 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey Stoner | Svp/chief Strategy & Technology Officer | 40 | $778,996 |
| Rodney May | Svp/chief Engagement Officer | 40 | $708,619 |
| Lori Gall | Svp/chief Risk Officer | 40 | $681,557 |
| Joseph Bertotto | Svp/chief Culture Officer | 40 | $603,105 |
| Janice Appleby | Svp/chief Human Resources | 40 | $585,023 |
| Fred Eisel | President/ceo | 40 | $550,991 |
| Timothy J Sustak | Svp/chief Treasury Officer | 40 | $544,979 |
| Mark Brown | Svp/chief Financial Officer | 40 | $410,293 |
| Scott Wood | Svp/chief Investment Officer | 40 | $291,524 |
| David Brehmer | President/ceo (retired 01/05/24) | 40 | $218,678 |
| Daniel Berry | Board Vice Chairperson | 3 | — |
| Derek Fuzzell | Board Secretary | 2 | — |
| Genice Decorte | Board Treasurer | 3 | — |
| Jeff Chelius | Board Chairperson | 3 | — |
| Jerry King | Director | 2 | — |
| Mark Volponi | Director | 2 | — |
| Paul Hughes | Director | 2 | — |
| Scott Weaver | Director | 2 | — |
| Scott Woods | Director | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Jack Henry | Ebp Processing Partner | $1,601,453 |
| Expedient | Off Site Data Center | $1,293,115 |
| Cu Answers | Core Data Processor Partner | $1,184,185 |
| Aptys | Fintech Payment Provider | $627,971 |
| Moody Analytics Inc | Alm Solution Platform | $609,964 |
Grants made · $89K in FY2024
3 grants totaling $89K in FY2024. All grants made by Vizo Financial Corporate Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Crossstate Credit Union Foundation | Charitable contribution | $67,700 |
| Carolinas Credit Union Foundation Inc | Charitable contribution | $15,400 |
| Southeastern Credit Union Foundation Inc | Charitable contribution | $6,000 |
Frequently asked questions
- Is Vizo Financial Corporate Credit Union a legitimate nonprofit?
- Yes. Vizo Financial Corporate Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 56-1295697, based in Middletown, Pennsylvania.
- What is Vizo Financial Corporate Credit Union's EIN?
- Vizo Financial Corporate Credit Union's Employer Identification Number (EIN) is 56-1295697.
- How much revenue does Vizo Financial Corporate Credit Union report?
- Vizo Financial Corporate Credit Union reported $342,674,561 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Vizo Financial Corporate Credit Union's spending goes to programs?
- Vizo Financial Corporate Credit Union spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Vizo Financial Corporate Credit Union have?
- CharityIndex grades Vizo Financial Corporate Credit Union B+, based on program efficiency and fundraising cost.
- How much does Vizo Financial Corporate Credit Union's highest-paid employee make?
- The highest reported compensation on Vizo Financial Corporate Credit Union's latest Form 990 is $778,996, paid to Jeffrey Stoner (Svp/chief Strategy & Technology Officer).
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Data for Vizo Financial Corporate Credit Union (EIN 56-1295697) 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.