EIN 72-1013943

Louisiana Corporate Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
7
Year formed
1984
Most recent tax filings
2023-12-01
Description
Louisiana corporate Credit Union is a cooperative association organized in accordance with the provisions of the Louisiana Credit Union act for the purpose of serving Credit Union accounts through money management and creating a source of Credit for its 114 members.
Related structure
Louisiana Corporate Credit Union is child organization, under the parent exemption from Office of the Financial Institution of the State of Louisiana.
Total revenues
$9,492,747
2023
20192020202120222023$2m$6m$10m
Total expenses
$8,432,164
2023
20192020202120222023$1m$5m$9m
Total assets
$142,052,131
2023
20192020202120222023$0.1b$0.2b
Num. employees
7
2023
20192020202120222023048

Program areas at Louisiana Corporate Credit Union

Louisiana Corporate Credit Union provides financial and financially related services for the benefit of its member credit unions.
Lousiana Corporate provides low interest or interest free loans to member credit unions when impacted by declared natural disasters.
Louisiana Corporate issues a monthly economic and financial digest at no charge to its members which includes current economic and financial analysis of their operating environment.

Personnel at Louisiana Corporate Credit Union

NameTitleCompensation
David A SavoieChief Executive Officer$251,195
Kimberly RamagosChief Financial Officer$76,734
Sherrie KlotzChief Administrative Officer$106,881
Erin ByrdVice President of Operations$101,691
Melissa MatherneSecretary$0
...and 4 more key personnel

Financials for Louisiana Corporate Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,242,757
Investment income and dividends$7,249,990
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$9,492,747

Form 990s for Louisiana Corporate Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-18990View PDF
2022-122024-10-18990View PDF
2022-122024-10-11990View PDF
2022-122023-10-06990View PDF
2021-122022-11-13990View PDF
...and 12 more Form 990s

Organizations like Louisiana Corporate Credit Union

OrganizationLocationRevenue
California Lithuanian Credit UnionSanta Monica, CA$5,831,480
1st Resource Credit UnionBirmingham, AL$3,087,715
Pacific Horizon Credit UnionSpringville, UT$7,133,810
Kings Peak Credit UnionRoosevelt, UT$3,594,263
San Joaquin Power Employees Credit Union (SJPECU)Fresno, CA$6,186,394
Employees Credit UnionEstherville, IA$8,972,529
Cooperativa de Ahorro Y Credito La CandelariaManati, PR$11,411,009
Missouri Electric Cooperative Employees' Credit UnionJefferson City, MO$12,443,888
Greenwood Credit UnionWarwick, RI$43,604,859
NW Iowa Credit UnionLe Mars, IA$2,770,938
Data update history
November 24, 2024
Used new vendors
Identified 1 new vendor, including
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 1 new personnel
November 26, 2023
Used new vendors
Identified 1 new vendor, including
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
3500 N Causeway Blvd Suite 1510
Metairie, LA 70002
Metro area
New Orleans-Metairie, LA
County
Jefferson Parish, LA
Website URL
lacorp.com/ 
Phone
(504) 838-8250
IRS details
EIN
72-1013943
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
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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