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EIN 75-1077418

Navarro Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
2
City
Corsicana
State
Texas
Year formed
1953
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Navarro Credit Union provides credit union financial services and offers loans for various vehicles, recreational equipment, and other miscellaneous items. Additionally, it offers share accounts to members of all ages and pays dividends quarterly. As of 12/31/22, the credit union had 716 members/owners with share accounts.
Related structure
Navarro Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$111,615
2023
Total expenses
$109,267
2023
Total assets
$3,158,714
2023
Num. employees
2
2023

Program areas at Navarro Credit Union

Consumer Loans Navarro Credit Union offers loans for vehicles, recreational vehicles, boats, motocycles, and side by sides as well as miscellaneous loans covering trailers, furniture, tractors and lawn mowers.
Share Accounts Navarro Credit Union offers share accounts to members of all ages. The credit union had 694 members/owners of share accounts as of 12/31/23. Member share accounts pay dividends quarterly.

Personnel at Navarro Credit Union

NameTitleCompensation
Shirley L ColbertPresident$44,513
Tiffany G RichardsonVice Chairman$0
Jerry WelchBoard Chairman$0
Jeanne MeltonSecretary$0
Elaine JerniganParttime Employee$3,738
...and 3 more key personnel

Financials for Navarro Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$71,964
Investment income and dividends$33,112
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$6,539
Total revenues$111,615

Form 990s for Navarro Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-11990View PDF
2022-122023-05-08990View PDF
2021-122022-04-07990View PDF
2020-122021-08-12990OView PDF
2020-122021-08-03990View PDF
...and 10 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 4 new personnel
July 1, 2022
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2022
Updated personnel
Identified 8 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
317 W 3rd Ave B Ste Bldg
Corsicana, TX 75110
County
Navarro County, TX
Phone
(903) 872-2291
IRS details
EIN
75-1077418
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1953
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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