EIN 75-0603700

Cornerstone Credit Union League

IRS 501(c) type
501(c)(6)
Num. employees
37
City
State
Year formed
1934
Most recent tax filings
2020-12-01
Description
Cornerstone Credit Union League is an essential trade association partner for advancing the success, growth, and awareness of credit unions in Arkansas, Oklahoma, and Texas.
Also known as...
Texas Credit Union League
Total revenues
$7,377,944
2020
Total expenses
$7,211,933
2020
Total assets
$22,128,255
2020
Num. employees
37
2020

Program areas at Cornerstone Credit Union League

Training resources provides high level training & education for member Credit unions via webcast, in person training, and major conferences including the annual membership meeting, leadership conference, volunteers conference human resources, scms, and compliance training for member Credit unions.
League representative: this department provides service to member Credit unions in the areas of management, operations, evaluation, training, financial management, chapter and council program and real solutions, and serves as the day-to-day personal link between the Cornerstone Credit Union League and all Credit unions in Oklahoma, Arkansas & Texas. The primary responsibilities of the department include the promotion and awareness of all dues supported services provided by cscul. The department staffing consists of 5 field staff, 1 real solutions staff and 1 vp.
Information central provides phone and email service to Credit unions to provide information on compliance and regulatory assistance for member Credit unions. Regulatory & compliance generates annual videos for compliance issues such as bsa and director duties and responsibilities. The information central division answers over 3,000 phone calls and provides regulatory and legal updates to the League infosight online compliance manual and distributes monthly compliance e-newsletters to member Credit unions.

Personnel at Cornerstone Credit Union League

NameTitleCompensation
Caroline WillardPresident and Chief Executive Officer$0
Robert GallmanExecutive Vice President and Chief Operating Officer / Member Service Director$0
Karen HartExecutive Vice President and Chief Financial Officer$0
Jim PhelpsChief Government Relations Officer and Senior Vice President
Sylvia WoffordMarketing and Communications Vice President
...and 30 more key personnel

Financials for Cornerstone Credit Union League

RevenuesFYE 12/2020
Total grants, contributions, etc.$6,491,079
Program services$708,958
Investment income and dividends$15,024
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$63,649
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$99,234
Total revenues$7,377,944

Form 990s for Cornerstone Credit Union League

Fiscal year endingDate received by IRSFormPDF link
2020-122021-07-20990View PDF
2019-122020-09-10990View PDF
2018-122020-01-07990OView PDF
2016-122017-08-22990OView PDF
2015-122016-09-27990OView PDF
...and 6 more Form 990s
Data update history
December 22, 2021
Updated personnel
Identified 8 new personnel
October 10, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
December 5, 2020
Updated personnel
Identified 43 new personnel
November 28, 2020
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsPolitical advocacyState / local level
General information
Address
6801 Parkwood Blvd No 300
Plano, TX 75024
Metro area
Dallas-Fort Worth-Arlington, TX
County
Collin County, TX
Website URL
cornerstoneleague.coop/ 
Phone
(800) 442-5762
Facebook page
cornerstonecul 
Twitter profile
@cornerstone_cul 
IRS details
EIN
75-0603700
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1934
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Central organization
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