EIN 75-0821285

Resource One Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
273
City
State
Year formed
1986
Most recent tax filings
2022-12-01
Description
Resource One Credit Union is a voluntary cooperative, non-profit savings institution, incorporated under the Texas Credit Union act. Its mission is to promote thrift through savings and loans to its members as a financial cooperative. It is also a cooperative financial services provider that provides its members credit at a fair reasonable rate of interest. In addition, Resource One Credit Union offers member insurance sales for accidental death & dismemberment (ad&d) and earns other income from foreign ATM fees.
Related structure
Resource One Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$45,978,560
2022
Total expenses
$42,724,137
2022
Total assets
$825,257,395
2022
Num. employees
273
2022

Program areas at Resource One Credit Union

Voluntary cooperative, non-profit savings institution (Credit Union) incorporated under the provisions of the Texas Credit Union act, for the purpose of encouraging thrift among the members, providing its members Credit at a fair reasonable rate of interest and an opportunity to improve their financial well being.
Member insurance sales: accidental death & dismemberment (ad&d), other income: foreign atm fees
Credit insurance sales: warranties, Credit life & guaranteed auto protection (gap) exempt
Other member services.

Personnel at Resource One Credit Union

NameTitleCompensation
Mary Beth SpuckPresident and Chief Executive Officer$477,214
Doug BednerClo$249,132
Tracey JacksonChief Financial Officer$213,127
Merrill CurrierChief Information Officer$175,814
Tesfu BerakiDirector of Information Technology$130,982
...and 13 more key personnel

Financials for Resource One Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,826,265
Program services$42,370,082
Investment income and dividends$1,843,459
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-61,246
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$45,978,560

Form 990s for Resource One Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-25990View PDF
2021-122022-11-02990View PDF
2020-122022-01-11990View PDF
2019-122021-12-20990View PDF
2018-122020-02-19990OView PDF
...and 11 more Form 990s

Organizations like Resource One Credit Union

OrganizationLocationRevenue
Fort Worth Community Credit UnionBedford, TX$51,151,395
Union Square Credit UnionWichita Falls, TX$34,027,572
Credit Union of TexasAllen, TX$136,553,125
Texoma Community Credit Union (TCCU)Wichita Falls, TX$16,333,220
Velocity Credit UnionAustin, TX$46,253,683
Alliance Credit UnionLubbock, TX$32,897,518
Amplify Credit UnionAustin, TX$86,404,873
City Credit UnionDallas, TX$32,829,451
My Community Credit UnionMidland, TX$32,179,129
Schlumberger Employees Credit UnionSugar Land, TX$23,426,192
Data update history
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 9 new vendors, including , , , , , , , , and
July 8, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
Address
1200 Belleview St
Dallas, TX 75215
Metro area
Dallas-Fort Worth-Arlington, TX
County
Dallas County, TX
Website URL
r1cu.org/ 
Phone
(214) 540-1708
IRS details
EIN
75-0821285
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
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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