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  3. Financial Security Credit Union (FSCU)
EIN 85-0161080

Financial Security Credit Union (FSCU)

IRS 501(c) type
501(c)(14)
Num. employees
21
City
Carlsbad
State
New Mexico
Year formed
1954
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
To offer the best possible dividends on shares, loans at reasonable rates, a product mix to meet the needs of our members, and to provide efficient and friendly service to those who are in our common bond.
Related structure
FSCU is child organization, under the parent exemption from Credit Unions in the State of New Mexico.
Also known as...
Credit Unions in the State of New Mexico; Financial Security CU
Total revenues
$3,190,623
2022
Total expenses
$2,584,154
2022
Total assets
$59,542,140
2022
Num. employees
21
2022

Program areas at FSCU

The Credit Union provided members a variety of banking services including loans at rates below those offered by traditional Financial institutions.
The Credit Union increased the members' equity position by approximately $606,000.
The Credit Union returned earnings of approximately $87,000 in the form of interest/dividends to its members.

Personnel at FSCU

NameTitleCompensation
Judy CarrascoChief Executive Officer$133,538
Katherine NavarretteVice President Operations$102,251
Riley NeatherlinSecretary / Member$0
Jason CrockettChairperson / Member$0
Kay TigertTreasurer$0
...and 3 more key personnel

Financials for FSCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$2,644,979
Investment income and dividends$264,234
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,625
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$279,785
Total revenues$3,190,623

Form 990s for FSCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-09990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s

Organizations like FSCU

OrganizationLocationRevenue
Artesia Credit UnionArtesia, NM$5,385,099
High Desert Community Credit UnionAztec, NM$1,101,509
Chaves County School Employees Credit UnionRoswell, NM$958,166
Loco Credit UnionAlamogordo, NM$4,130,099
Estacado Credit UnionLovington, NM$1,147,751
Belen Railway Employees Credit UnionBelen, NM$1,498,652
CREDIT UNIONS IN THE STATE OF NEW MEXICO Animas CREDIT UnionFarmington, NM$6,858,860
Jemez Valley Credit UnionJemez Springs, NM$1,285,077
Questa Credit UnionQuesta, NM$1,083,528
Credit Unions in the State of New Mexico / New Mexico Central Credit UnionAlbuquerque, NM$1,147,761
Data update history
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 5, 2023
Updated personnel
Identified 1 new personnel
May 31, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelCommunity engagement / volunteering
General information
Address
1105 W Pierce
Carlsbad, NM 88220
County
Eddy County, NM
Website URL
finseccu.com/ 
Phone
(575) 887-6030
Facebook page
FinSecCU 
IRS details
EIN
85-0161080
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
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
Child within group exemption
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