JACKSON RIVER COMMUNITY CREDIT UNION

EIN: 540620788

COVINGTON, VA

Total Revenue
$7,424,478
Total Expenses
$4,695,779
Total Assets
$127,427,295
Net Assets
$126,721,309
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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
VA
Principal Officer
KATHLEEN ALL
Phone
5409626154
Tax Period
2025-01-01 to 2025-12-31

Jackson River Community Credit Union, founded in 1953, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2018. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $786K, a strong 27% operating margin.

Mission

CREDIT UNIONS EXIST TO OFFER AN ARRAY OF FINANCIAL SERVICES AT NO OR MINIMAL COSTS TO IT'S MEMBERS. THE CREDIT UNION STRIVES TO KEEP FEES AND COST OF SERVICES TO A MINIMUM. SERVICES INCLUDE BUT ARE NOT LIMITED TO: SAVINGS AND CHECKING ACCOUNTS, CERTIFICATES OF DEPOSITS, IRAS, CONSUMER LOANS AND MORTGAGES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $150,999
Program Service Revenue $5,084,302
Investment Income $2,171,316
Other Revenue $17,861
TOTAL REVENUE $7,424,478

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,194,716
Fundraising Expenses $0
Other Expenses $2,602,550
TOTAL EXPENSES $4,695,779

Year-over-Year Comparison

2025 2024 Change
Revenue $7,424,478 $6,374,937 +0.2%
Expenses $4,695,779 $4,284,801 +0.1%
Net Income $2,728,699 $2,090,136 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
7
Independent Members
7
Employees
19
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$168,812
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HUNTER FRIDLEY CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAVID VEST VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
ANDRA FRIDLEY SECRETARY 1.00
Officer Director
$0 $0 $0
CINDY FOX TREASURER 1.00
Officer Director
$0 $0 $0
JIM BIRCHFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
PERRY BALSER BOARD MEMBER 1.00
Director
$0 $0 $0
EDDIE TOOMBS BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN ALL CEO 45.00
Officer
$145,479 $23,333 $168,812
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,424,478 $4,695,779 $127,427,295 $2,728,699
2024 $6,374,937 $4,284,801 $117,200,762 $2,090,136
2023 $5,733,008 $3,690,060 $108,539,863 $2,042,948
2022 $4,389,231 $3,203,084 $107,256,526 $1,186,147
2021 $3,478,106 $2,687,263 $104,365,110 $790,843
2020 $3,314,964 $2,812,372 $96,519,978 $502,592
2019 $3,329,470 $2,531,476 $83,927,378 $797,994
2018 $2,867,379 $2,081,806 $81,575,660 $785,573
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