Nonprofit · EIN 62-1120233
VOLUNTEER CORPORATE CREDIT UNION
Tax-exempt · NASHVILLE, TN 37214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $130,013,138 | $116,444,884 | $13,568,254 | $1,797,666,479 | $1,609,860,341 | $187,806,138 |
| December 31, 2024 | 990 | $150,239,659 | $135,383,196 | $14,856,463 | $1,625,364,492 | $1,451,412,825 | $173,951,667 |
| December 31, 2023 | 990 | $118,810,831 | $98,234,687 | $20,576,144 | $1,830,519,716 | $1,671,903,203 | $158,616,513 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $121,361,605
- Other revenue
- $8,651,533
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $8,598,866
- Salaries, compensation and benefits (total)
- $12,249,389
- Professional fundraising fees
- $0
- Legal fees
- $15,096
- Accounting fees
- $136,131
- Occupancy
- $90,474
- Travel
- $132,349
- Depreciation
- $642,592
- Program services (functional)
- $116,444,884
Balance sheet and other
- Total assets, start of year
- $1,625,364,492
- Total assets, end of year
- $1,797,666,479
- Total liabilities, end of year
- $1,609,860,341
- Net assets, end of year
- $187,806,138
- Land, buildings and equipment
- $3,143,065
- Gross receipts
- $130,013,138
- Employees
- 80
- Volunteers
- 17
- Year formed
- 1981
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY MERRY | PRESIDENT/CEO Officer | 40 | $743,522 | $243,265 |
| PHILLIP COCHRAN | SVP/CHIEF INVESTMENT OFFIC Officer | 40 | $418,557 | $60,925 |
| JEFFREY DATO | EVP/COO Officer | 40 | $340,643 | $57,833 |
| JUSTIN HOLT | CHIEF FINANCIAL OFFICER Officer | 40 | $253,954 | $70,074 |
| JEFF CANTRELL | VP INFORMATION TECHNOLOGY Highest-paid employee | 40 | $256,971 | $50,920 |
| CHRISTINA ADKISON | CHIEF EXPERIENCE OFFICER Officer | 40 | $240,036 | $56,114 |
| BEN WILLIAMS | VP IT STRATEGIC PROJECTS Officer | 40 | $221,599 | $39,486 |
| CASONDRA DOBBINS | INVESTMENTS REPRESENTATIVE Highest-paid employee | 40 | $183,848 | $34,096 |
| JOSH POWELL | DIRECTOR SOFTWARE DEVELOPM Highest-paid employee | 40 | $167,272 | $42,385 |
| JAMES DAYTON | IT SYSTEM ENGINEER Highest-paid employee | 40 | $176,371 | $27,190 |
| BEN JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRADLEY ARANT BOULT CUMMINGS LLP | GENERAL COUNSEL Trustee or director | 1 | $0 | $0 |
| BRIAN TROTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN WALTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN JACOWAY | CHAIRMAN Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY HESTER | DIRECTOR Trustee or director | 1 | $0 |
| MIKE COOPER | SECRETARY Trustee or director | 1 | $0 |
| NICK ARVON | DIRECTOR Trustee or director | 1 | $0 |
| RON SMITH | TREASURER Trustee or director | 1 | $0 |
| TODD SWIMS | VICE CHAIRMAN Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY MERRY | PRESIDENT/CEO Officer | 40 | $690,583 | $73,946 |
| JEFFREY DATO | EVP/COO Officer | 40 | $327,879 | $58,380 |
| PHILLIP COCHRAN | SVP/CHIEF INVESTMENT OFFIC Officer | 40 | $337,600 | $44,691 |
| JEFF CANTRELL | VP INFORMATION TECHNOLOGY Highest-paid employee | 40 | $235,571 | $50,114 |
| CHRISTINA ADKISON | CHIEF EXPERIENCE OFFICER Officer | 40 | $233,081 | $47,479 |
| JUSTIN HOLT | CHIEF FINANCIAL OFFICER Officer | 40 | $220,134 | $38,037 |
| BEN WILLIAMS | VP IT STRATEGIC PROJECTS Officer | 40 | $214,634 | $39,175 |
| JOSH YATES | DIRECTOR SOFTWARE DEVELOPM Highest-paid employee | 40 | $169,557 | $43,022 |
| MICHELLE DOUGLAS | VP, PAYMENTS AND OPERATIONS Highest-paid employee | 40 | $153,213 | $41,594 |
| LARRY WADE STAPLETON | VP, MARKETING AND COMMUNIC Highest-paid employee | 40 | $162,532 | $25,566 |
| BRADLEY ARANT BOULT CUMMINGS LLP | GENERAL COUNSEL Trustee or director | 1 | $0 | $0 |
| DEBBIE JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY HESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN TROTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN WALTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE COOPER | SECRETARY Trustee or director | 1 | $0 | $0 |
| NICK ARVON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON SMITH | TREASURER Trustee or director | 1 | $0 | $0 |
| TODD SWIMS | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| JOHN JACOWAY | CHAIRMAN Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY MERRY | PRESIDENT/CEO Officer | 40 | $633,776 | $51,426 |
| PHILLIP COCHRAN | SVP/CHIEF INVESTMENT OFFIC Officer | 40 | $423,645 | $41,729 |
| JEFFREY DATO | EVP/COO Officer | 40 | $304,737 | $52,317 |
| BEN WILLIAMS | VP IT STRATEGIC PROJECTS Officer | 40 | $212,412 | $35,617 |
| CHRISTINA ADKISON | CHIEF EXPERIENCE OFFICER Officer | 40 | $206,548 | $40,606 |
| JUSTIN HOLT | CHIEF FINANCIAL OFFICER Officer | 40 | $202,766 | $33,960 |
| JOSH YATES | DIRECTOR SOFTWARE DEVELOPMENT Highest-paid employee | 40 | $153,052 | $37,018 |
| LARRY WADE STAPLETON | VP, MARKETING AND COMMUNIC Highest-paid employee | 40 | $153,576 | $23,725 |
| JEFF CANTRELL | VP INFORMATION TECHNOLOGY Highest-paid employee | 40 | $131,714 | $23,615 |
| BRADLEY ARANT BOULT CUMMINGS LLP | GENERAL COUNSEL Trustee or director | 1 | $0 | $0 |
| DEBBIE JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY HESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN TROTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN WALTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE COOPER | SECRETARY Trustee or director | 1 | $0 | $0 |
| RICK MIKELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON SMITH | TREASURER Trustee or director | 1 | $0 | $0 |
| TODD SWIMS | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| JOHN JACOWAY | CHAIRMAN Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2460 ATRIUM WAY, NASHVILLE, TN 37214-5102
- In care of
- % JEFFERY MERRY
- Principal officer (990 for 2025)
- JUSTIN HOLT, 2460 ATRIUM WAY, NASHVILLE, TN 37214
- Signed the 990
- JUSTIN HOLT, CHIEF FINANCIAL OFFICER
- Phone
- (615) 232-7900
- Website
- WWW.VOLCORP.ORG
- Return prepared by
- CRI ADVISORS LLC
Mission
TO SERVE AS THE PRIMARY FINANCIAL PARTNER WITH CREDIT UNIONS IN PROVIDING SUPERIOR PRODUCTS, SERVICES AND SUPPORT.
Program accomplishments
- VOLUNTEER CORPORATE CREDIT UNION IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE THAT SERVES NATURAL PERSON CREDIT UNIONS NATIONALLY. IT WAS ORGANIZED FOR THE EXPRESS PURPOSE OF PROVIDING LOW-COST FINANCIAL SERVICES AND COMPETITIVE INVESTMENT AND LENDING RATES TO ITS MEMBER/OWNERS.Expenses $116,444,884
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1120233
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1952
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1182: CREDIT UNIONS CHARTERED IN THE STATE OF TENNESSEE
- Assets (IRS master file)
- $1,797,666,479
- Income (IRS master file)
- $130,013,138
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $130,013,138 | $116,444,884 | $1,797,666,479 | XML |
| 990 | December 2024 | $150,239,659 | $135,383,196 | $1,625,364,492 | XML |
| 990 | December 2023 | $118,810,831 | $98,234,687 | $1,830,519,716 | XML |
| 990 | December 2022 | $78,897,689 | $52,267,070 | $1,546,022,853 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1120233).
Questions about VOLUNTEER CORPORATE CREDIT UNION
- What is the EIN of VOLUNTEER CORPORATE CREDIT UNION?
- The employer identification number (EIN) of VOLUNTEER CORPORATE CREDIT UNION is 62-1120233.
- Is VOLUNTEER CORPORATE CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1952.
- Are donations to VOLUNTEER CORPORATE CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VOLUNTEER CORPORATE CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VOLUNTEER CORPORATE CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VOLUNTEER CORPORATE CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VOLUNTEER CORPORATE CREDIT UNION?
- The 990 for the year ended December 31, 2025 names JUSTIN HOLT.
- Who are the officers and directors of VOLUNTEER CORPORATE CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 20 people; 10 received compensation from the organization, the highest $743,522 (JEFFREY MERRY, PRESIDENT/CEO).
- How much revenue does VOLUNTEER CORPORATE CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $130,013,138, expenses of $116,444,884 and total assets of $1,797,666,479 at year end.
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