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  4. Rio Grande Credit Union (RGCU)
EIN 85-0116621

Rio Grande Credit Union (RGCU)

IRS 501(c) type
501(c)(14)
Num. employees
209
City
Albuquerque
State
New Mexico
Year formed
1953
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
To create a trusted partnership with our members that demonstrates excellent member service by providing financial education & solutions, competitive pricing, and convenience.
Related structure
RGCU 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 Rio Grande Credit Union
Total revenues
$35,859,928
2022
Total expenses
$31,238,218
2022
Total assets
$601,485,351
2022
Num. employees
209
2022

Program areas at RGCU

Earnings from the investments of the excess of funds received from members, over the amount loaned to members, as well as accumulated surplus, is invested in securities allowed by the ncua, and the Credit Unions governing documents.
Interest is charged at market rates to members to provide revenue to pay for the cost of the funds.
Fees and charges are assessed to members for financial services. These fees generate the revenue necessary to pay the costs to provide these services.

Personnel at RGCU

NameTitleCompensation
Mike AthensPresident Chief Executive Officer$289,682
Maria ShrakeChief Financial
Jeff CainVice President of Marketing$134,031
Lily CurrinVice President of Human Resources$149,587
April BradshawVice President of Member Operations$128,032
...and 14 more key personnel

Financials for RGCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$273,940
Program services$33,680,001
Investment income and dividends$1,905,987
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$0
Total revenues$35,859,928

Form 990s for RGCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-17990View PDF
2021-122022-11-15990View PDF
2020-122021-08-03990View PDF
2019-122021-06-07990View PDF
2018-122020-02-18990View PDF
...and 9 more Form 990s
Data update history
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Updated personnel
Identified 1 new personnel
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Used new vendors
Identified 1 new vendor, including
June 4, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteering
General information
Address
301 Rio Bravo Blvd Se
Albuquerque, NM 87105
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
riograndecu.org/ 
Phone
(505) 262-1401
Facebook page
RGCU.org 
Twitter profile
@riograndecu 
IRS details
EIN
85-0116621
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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