EIN 75-0776993

Concho Valley Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
9
State
Year formed
1928
Most recent tax filings
2022-12-01
Description
Concho Valley Credit Union provides cooperative financial services to 1492 entities in the surrounding area. Its share accounts offer advantages to members of all ages, with 1423 member-owner accounts as of December 31, 2022. Member savings accounts pay dividends quarterly and allow access to home banking via TH. The Credit Union has been providing new and used vehicle loans since its early years, expanding its consumer loan product line to include flexible offerings for recreational vehicles, boats, motorcycles, and personal loans. It also offers consumer life and disability insurance.
Related structure
Concho Valley Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$732,268
2022
Total expenses
$642,002
2022
Total assets
$24,584,977
2022
Num. employees
9
2022

Program areas at Concho Valley Credit Union

Share accountsconcho Valley Credit Union's share accounts offer advantages to members of all ages. The Credit Union had 1423 member-owner accounts on december 31, 2022. Member savings accounts pay dividends quarterly and offer access to home banking via the internet or telephone. Special savings accounts designed for children encourage the development of consistent savings habits.
Consumer loansconcho Valley Credit Union has provided new and used vehicle loans since its early years. The consumer loan product line now includes flexible offerings for recreational vehicles, boats, motorcycles, and personal loans. Consumer life and disability insurance is available on any of these loan types.
Share draft accounts (checking)concho Valley Credit Union provides free checking accounts for members and dividends are paid monthly. Additionally, the Credit Union extends the reach of these accounts to all members with free debit cards, internet account access, and free use of internet bill payer software.

Personnel at Concho Valley Credit Union

NameTitleCompensation
Kimberly PerrinePresident and Chief Executive Officer$81,307
Justin AhlersVice - Chairperson$0
Anna ThomasTreasurer$0
Cindy BakerVice President$65,344
Vona HudsonChairperson$0
...and 3 more key personnel

Financials for Concho Valley Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$557,675
Investment income and dividends$119,158
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$9,734
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$2,119
Miscellaneous revenues$43,582
Total revenues$732,268

Form 990s for Concho Valley Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-10990View PDF
2021-122022-06-30990View PDF
2020-122021-08-02990View PDF
2018-122019-08-17990View PDF
2017-122018-10-16990View PDF
...and 9 more Form 990s

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Data update history
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 8, 2023
Updated personnel
Identified 5 new personnel
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
November 22, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
1002 S Abe
San Angelo, TX 76903
Metro area
San Angelo, TX
County
Tom Green County, TX
Website URL
conchovalleycu.com/ 
Phone
(325) 658-7557
IRS details
EIN
75-0776993
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1928
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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