EIN 85-6010733

STATE Employees Credit Union of NEW Mexico

Name: STATE Employees Credit Union of NEW Mexico financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(14)

Num. employees

249

City

Santa Fe

State

New Mexico

Year formed

1958

Most recent tax filings

2023-12-01

NTEE code, primary

W03: Public and Societal Benefit Professional Societies and Associations

Description

CREDIT UNIONS IN THE STATE OF NEW Mexico / State Employees Cu is a New Mexico state-chartered credit union that provides financial services to its 50,648 members as provided by the New Mexico Credit Union act. Its mission is to provide financial services to its members as per the act. It is located in Santa Fe, NM.

Related structure

STATE Employees Credit Union of NEW Mexico is child organization, under the parent exemption from Credit Unions in the State of New Mexico.

Also known as...

State Employees Credit Union of NM; Credit Unions in the State of New Mexico State Employees Credit Union of New Mexico; State Employees Cu

Total revenues

$58,384,621

2023

Total expenses

$47,951,608

2023

Total assets

$1,149,326,046

2023

Num. employees

249

2023

Program areas at STATE Employees Credit Union of NEW Mexico

New Mexico state-chartered Credit Union providing financial services to its 53,239 members as provided by the New Mexico Credit Union act.

Personnel at STATE Employees Credit Union of NEW Mexico

Name	Title	Compensation	Date of data
Andy Ramos	President and Chief Executive Officer	$544,438	2022-12-31
Ethan Hendrickson	Chief Financial Officer		2023-11-14
Schwan Hardi	Executive Vice President Chief Financial Officer	$45,979	2023-03-30
William Thorn	Chief People Officer	$191,936	2022-12-31
Quentin Smith	Vice President Finance and Accounting	$112,613	2022-12-31
...and 20 more key personnel

Financials for STATE Employees Credit Union of NEW Mexico

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$1,826,265	-100%
Program services	$53,482,611	$42,926,283	24.6%
Investment income and dividends	$4,818,724	$3,477,208	38.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$83,286	$59,592	39.8%
Net gain from sale of non-inventory assets	$0	$-5,447	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$58,384,621	$48,283,901	20.9%

Form 990s for STATE Employees Credit Union of NEW Mexico

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-15	990	View PDF
2022-12	2024-11-15	990	View PDF
2022-12	2023-11-14	990	View PDF
2021-12	2023-03-30	990	View PDF
2019-12	2021-06-25	990	View PDF
...and 11 more Form 990s

Organizations like STATE Employees Credit Union of NEW Mexico

Organization	Type	Location	Revenue
CREDIT UNIONS in THE STATE OF New MEXICO / Guadalupe Credit Union	501(c)(14)	Santa Fe, NM	$16,701,986
Rio Grande Credit Union (RGCU)	501(c)(14)	Albuquerque, NM	$35,859,928
Credit Unions in the State of New M	501(c)(14)	Albuquerque, NM	$50,914,383
Del Norte Credit Union	501(c)(14)	Los Alamos, NM	$45,843,178
Superior Choice Credit Union (SCCU)	501(c)(14)	Superior, WI	$49,260,403
Community Choice Credit Union	501(c)(14)	Farmington Hills, MI	$102,901,319
Members Choice Credit Union	501(c)(14)	Ashland, KY	$21,048,521
Cooperative De Ahorro Y Credito De Barranquitas	501(c)(14)	Barranquitas, PR	$31,231,571
Southeastern Credit Union	501(c)(14)	Valdosta, GA	$15,882,953
Credit Unions Chartered in the State of Michigan - 1203 Pfcu	501(c)(14)	Portland, MI	$42,104,836

Data update history

June 28, 2024

Used new vendors

Identified 1 new vendor, including

January 24, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 24, 2024

Updated personnel

Identified 7 new personnel

January 3, 2024

Used new vendors

Identified 1 new vendor, including

July 11, 2023

Used new vendors

Identified 6 new vendors, including , , , , , and

Nonprofit Types

Credit unionsChapter / child organizations

Issues

Community improvementPublic policyBusiness and industry

Characteristics

State / local level

General information

Address: 813 St Michaels Dr; Santa Fe, NM 87505
Metro area: Santa Fe, NM
County: Santa Fe County, NM
Website URL: secunm.org/
Phone: (505) 983-7328

IRS details

EIN: 85-6010733
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1958
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: W03: Public and Societal Benefit Professional Societies and Associations
NAICS code, primary: 522130: Credit Unions
Parent/child status: Child within group exemption

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STATE Employees Credit Union of NEW Mexico

Program areas at STATE Employees Credit Union of NEW Mexico

Personnel at STATE Employees Credit Union of NEW Mexico

Financials for STATE Employees Credit Union of NEW Mexico

Form 990s for STATE Employees Credit Union of NEW Mexico

Organizations like STATE Employees Credit Union of NEW Mexico

Nonprofits

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