NonprofitsCredit Unions In The State Of New Mexico

Credit Unions In The State Of New Mexico

CARLSBAD, NM

Total revenue

$4.3M

Total expenses

$3.3M

Net assets

$9.3M

Grants received

EIN

850161080

Tax year

2024

Mission

The credit union strives 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. The credit union seeks to maintain its long-term financial stability, while protecting the assets of the members.

Programs

2 programs

The credit union returned earnings of approximately $375,000 in the form of interest/dividends to its members.

The credit union increased the members' equity position by approximately $941,000.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.9M
Investment income$64K
Other revenue$296K
Total revenue$4.3M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising
Other expenses$2.2M
Total expenses$3.3M
Total assets$58.1M
Net assets$9.3M

People

6 listed

NameRoleCompensation

JUDY CARRASCO

CEO

Board

$150K

40 hrs/wk

JASON CROCKETT

MEMBER

Board

2 hrs/wk

MISTI FERNANDEZ

SECRETARY

Board

2 hrs/wk

KAY TIGERT

TREASURER

Board

2 hrs/wk

RILEY NEATHERLIN

CHAIRMAN

Board

2 hrs/wk

VICTOR MARTINEZ

VICE CHAIRMAN

Board

2 hrs/wk

Details

EIN850161080
Subsection14
Ruling date1973-01
Formed1954
Employees25
Volunteers8
CREDIT UNIONS IN THE STATE OF NEW MEXICO — Mission, Financials & Grants Received | Grantivo