EIN 85-0161080

Financial Security Credit Union (FSCU)

IRS 501(c) type
501(c)(14)
Num. employees
24
City
Carlsbad
Year formed
1954
Most recent tax filings
2023-12-01
Description
To offer the best possible dividends on shares, loans at reasonable rates, a product mix to meet the needs of our members, and to provide efficient and friendly service to those who are in our common bond.
Related structure
FSCU 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; Financial Security CU
Total revenues
$3,728,717
2023
Total expenses
$2,841,172
2023
Total assets
$59,797,422
2023
Num. employees
24
2023

Program areas at FSCU

The Credit Union provided members a variety of banking services including loans at rates below those offered by traditional Financial institutions.
The Credit Union increased the members' equity position by approximately $947,000.
The Credit Union returned earnings of approximately $173,000 in the form of interest/dividends to its members.

Personnel at FSCU

NameTitleCompensation
Judy CarrascoChief Executive Officer$133,538
Katherine NavarretteVice President Operations$102,251

Financials for FSCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,969,082
Investment income and dividends$563,732
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,698
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$199,601
Total revenues$3,728,717

Form 990s for FSCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-08990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-09990View PDF
...and 9 more Form 990s

Organizations like FSCU

OrganizationLocationRevenue
High Desert Community Credit UnionAztec, NM$1,292,171
Artesia Credit UnionArtesia, NM$6,977,196
Chaves County School Employees Credit UnionRoswell, NM$1,266,266
Loco Credit UnionAlamogordo, NM$3,995,477
Belen Railway Employees Credit UnionBelen, NM$1,498,652
Cuba Credit UnionCuba, NM$1,133,870
CREDIT UNIONS in THE STATE OF New MEXICO / Guadalupe Credit UnionSanta Fe, NM$16,701,986
Jemez Valley Credit UnionJemez Springs, NM$1,565,602
Questa Credit UnionQuesta, NM$1,649,711
Alpena Community Credit UnionAlpena, MI$1,335,568
Data update history
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 5, 2023
Updated personnel
Identified 1 new personnel
May 31, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelCommunity engagement / volunteering
General information
Address
1105 W Pierce
Carlsbad, NM 88220
County
Eddy County, NM
Website URL
finseccu.com/ 
Phone
(575) 887-6030
Facebook page
FinSecCU 
IRS details
EIN
85-0161080
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
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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