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EIN 94-1366983

MERCO Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
36
City
Merced
State
California
Year formed
1966
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Since 1954, MERCO Credit Union has provided a wide range of personalized financial services to Valley-area residents. MERCO is local and member-owned. It is a full-service financial institution that currently serves over 12,000 people and provides superior products and services to meet your family's needs for convenience and financial health. The MERCO mission is to provide the highest quality products and services that result in building the financial strength of each member, thereby building the financial strength of the Credit Union.
Related structure
MERCO Credit Union is child organization, under the parent exemption from Credit Unions in the State of California.
Total revenues
$7,877,946
2022
Total expenses
$6,906,965
2022
Total assets
$174,840,743
2022
Num. employees
36
2022

Program areas at MERCO Credit Union

Provided deposit and loan accounts to 12,933 members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs.

Personnel at MERCO Credit Union

NameTitleCompensation
David W NessChief Executive Officer , President$203,430
David Bren HorrocksVice President Finance and Chief Financial Officer$124,388
Donna MaherVice President Human Resources and Training$116,896
Jennifer TosteVice President Branch Op$111,767
Shay LopezVice President Chief Lendin$109,951
...and 1 more key personnel

Financials for MERCO Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$4,783,845
Investment income and dividends$696,611
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$2,397,490
Total revenues$7,877,946

Form 990s for MERCO Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-26990View PDF
2021-122022-11-15990View PDF
2020-122021-09-07990View PDF
2019-122020-10-22990View PDF
2018-122019-09-14990View PDF
...and 10 more Form 990s
Data update history
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 29, 2023
Updated personnel
Identified 3 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Updated personnel
Identified 1 new personnel
August 2, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
1911 M St
Merced, CA 95340
Metro area
Merced, CA
County
Merced County, CA
Website URL
merco.org/ 
Phone
(209) 723-4285
Facebook page
Merco-Credit-Union 
IRS details
EIN
94-1366983
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1966
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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