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EIN 74-1547630

Oak Farms Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
2
City
Houston
State
Texas
Year formed
1953
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Oak Farms Employees Credit Union organizes to encourage thrift among its members, provide credit at fair and reasonable rates of interest, and an opportunity to improve their economic condition. It offers all types of deposit products at competitive rates and loan products as well.
Related structure
Oak Farms Employees Credit Union is child organization, under the parent exemption from Credit Union Department of Texas.
Total revenues
$320,980
2023
Total expenses
$308,123
2023
Total assets
$4,069,261
2023
Num. employees
2
2023

Program areas at Oak Farms Employees Credit Union

Oak Farms Employees Credit Union offers all types of loan products at competitive rates
Oak Farms Employees Credit Union offers all types of deposit products at competitive rates

Personnel at Oak Farms Employees Credit Union

NameTitleCompensation
Sophie SalinasChief Executive Officer$62,400
Paul HeidbrederBoard Chair$0
Anita HoguePast Member$0
Peggy HannszMember$0
Jennifer BosticSecretary$0
...and 5 more key personnel

Financials for Oak Farms Employees Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$301,683
Investment income and dividends$18,727
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$570
Total revenues$320,980

Form 990s for Oak Farms Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-11990View PDF
2022-122023-04-12990View PDF
2021-122022-02-13990View PDF
2020-122021-02-27990View PDF
2019-122020-09-04990View PDF
...and 9 more Form 990s

Organizations like Oak Farms Employees Credit Union

OrganizationLocationRevenue
A New Direction Credit UnionDallas, TX$860,210
Dallas Up Employees Credit UnionDallas, TX$1,143,513
Midwestern State University Credit UnionWichita Falls, TX$237,789
Galveston Government Employees Credit UnionDickinson, TX$434,969
Ward County Credit UnionMonahans, TX$640,973
United Savers Trust Credit UnionHouston, TX$366,098
Grand Prairie Credit UnionGrand Prairie, TX$680,722
THD 6 Credit UnionOdessa, TX$178,435
Cen-Tex Manufacturing Credit UnionBrownwood, TX$914,607
Txdot Credit UnionAbilene, TX$699,461
Data update history
May 18, 2024
Used new vendors
Identified 1 new vendor, including
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 2 new personnel
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 10, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
3430 Leeland
Houston, TX 77003
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Phone
(713) 547-7188
IRS details
EIN
74-1547630
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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