Veridian Credit Union
Waterloo, Iowa
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 43 peers in Public & Societal Benefit with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $393,776,056↑28% | $320,519,571↑54% | $7,452,103,478↑8% | |
| 2022 | $308,336,218↑8% | $208,710,140↑26% | $6,898,328,206↑18% | — |
| 2021 | $284,905,474↑14% | $165,949,826↓10% | $5,861,265,762↑14% | — |
| 2020 | $250,686,437↑8% | $183,953,952↑2% | $5,127,625,899↑18% | — |
| 2019 | $232,895,621↑16% | $179,934,722↑19% | $4,348,513,312↑5% | — |
| 2018 | $201,526,798↑24% | $150,898,268↑21% | $4,142,827,269↑16% | — |
| 2017 | $161,883,877↑20% | $124,385,568↑7% | $3,556,595,295↑15% | — |
| 2016 | $135,221,556↑6% | $116,437,755↑16% | $3,100,933,825↑5% | — |
| 2015 | $127,680,747↑6% | $100,279,754↑5% | $2,952,155,107↑12% | — |
| 2014 | $120,038,158↑7% | $95,396,759↑6% | $2,641,081,164↑9% | — |
| 2013 | $112,096,375↑2% | $89,882,155↑4% | $2,433,904,499↑4% | — |
| 2012 | $110,314,442 | $86,359,045↑1% | $2,350,002,400↑16% | — |
| 2011 | $110,720,899 | $85,635,622 | $2,019,601,224 | — |
Frequently Asked Questions
What does Veridian Credit Union do?▼
Veridian Credit Union is a public & societal benefit nonprofit organization based in Iowa. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Veridian Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Veridian Credit Union has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Veridian Credit Union generate?▼
Veridian Credit Union reports $459.8M in annual revenue and holds $8.0B in total assets, based on IRS filings.
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