EIN 48-0477295

Credit Union of America

IRS 501(c) type
501(c)(14)
Num. employees
383
State
Year formed
1935
Most recent tax filings
2023-12-01
Description
Credit Union of America offers lending, savings, and financial services for mutual purpose, including consumer loans, real estate loans, credit cards, savings and certificate accounts, investment options, and multiple methods for member access to their financial services and resources. Its mission is to provide these services to 91,126 members for mutual purpose. Additionally, it provides checking account transaction and payment services as well as account access to 49,893 members. Credit Union of America's programs include providing deposit services to its members.
Total revenues
$93,587,830
2023
Total expenses
$80,784,436
2023
Total assets
$1,514,756,460
2023
Num. employees
383
2023

Program areas at Credit Union of America

Provides financial and financially related services to 95,513 members.
Paid dividends on member deposits totaling $19,585,390 for the year.
Provides a source of Credit to members at a fair and reasonable rate of interest. As of december 31, 2023, loans outstanding totaled $1,272,954,614, including loan participations.

Who funds Credit Union of America

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Heartland Credit Union Charitable FoundationCommunity Development Grant$10,000

Personnel at Credit Union of America

NameTitleCompensation
Frank ShoffnerChief Executive Officer / Chief Operations Officer / Senior Vice President and Chief Operating Officer$887,214
Eileen PhelpsChief Operating Officer / Chief Operations Officer / Chief Services Officer / Senior Vice President and Cso$283,671
Sam GroveChief Financial Officer$193,055
Gopi MenonChief Information Officer$244,695
Lee Ann GabbertChief Administration Officer / Senior Vice President and Chief Administrative Officer$262,261
...and 7 more key personnel

Financials for Credit Union of America

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$89,336,491
Investment income and dividends$2,979,800
Tax-exempt bond proceeds$0
Royalty revenue$133,883
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$1,137,656
Total revenues$93,587,830

Form 990s for Credit Union of America

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-28990View PDF
2022-122023-11-09990View PDF
2021-122022-11-16990View PDF
2020-122021-11-09990View PDF
2019-122021-06-25990View PDF
...and 11 more Form 990s

Organizations like Credit Union of America

OrganizationLocationRevenue
Ih Mississippi Valley Credit UnionMoline, IL$111,927,596
Missouri Credit UnionColumbia, MO$29,399,852
Heartland Credit UnionHutchinson, KS$32,731,049
Jeanne D'Arc Credit UnionLowell, MA$66,569,870
Potlach No 1 Financial Credit UnionLewiston, ID$101,119,936
Credit Union 1Anchorage, AK$92,423,998
Metro Credit UnionChelsea, MA$114,336,853
Sharon and Crescent United Credit UnionSharon, MA$39,986,184
Golden Plains Credit UnionGarden City, KS$60,592,739
Azura Credit UnionTopeka, KS$49,794,274
Data update history
October 22, 2024
Used new vendors
Identified 1 new vendor, including
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
December 31, 2023
Used new vendors
Identified 1 new vendor, including
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Heartland Credit Union Charitable Foundation
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelProvides scholarships
General information
Address
PO Box 47528
Wichita, KS 67201
Metro area
Wichita, KS
County
Sedgwick County, KS
Website URL
cuofamerica.com/ 
Phone
(316) 265-3272
IRS details
EIN
48-0477295
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
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
Independent
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