NonprofitsFirst Basin Credit Union

First Basin Credit Union

ODESSA, TX

Total revenue

$19.7M

Total expenses

$18.4M

Net assets

$29.0M

Grants received

EIN

751084210

Tax year

2024

Mission

Voluntary, cooperative, not-for-profit savings institution (credit union) incorporated under the provisions of the texas credit union act, for the purpose of encouraging thrift among members, providing credit at a fair and reasonable rate of interest and providing an opportunity to improve a member's economic condition.

Programs

2 programs

Deposit accounts

Card services

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.4M
Investment income$1.1M
Other revenue$4.2M
Total revenue$19.7M

Expenses

Grants paid
Salaries & benefits$6.9M
Fundraising
Other expenses$11.5M
Total expenses$18.4M
Total assets$309.9M
Net assets$29.0M

People

11 listed

NameRoleCompensation

SHEM CULPEPPER

PRESIDENT/CEO/DIRECTOR

Board

$360K

40 hrs/wk

ANA GONZALEZ-ALVARADO

CHIEF FINANCIAL OFFICER

Board

$161K

40 hrs/wk

WESLEY BURNETT

BOARD MEMBER

Board

$5K

2 hrs/wk

REBECCA MARLER

BOARD TREASURER

Board

$5K

2 hrs/wk

SAMUEL GONZALEZ

CHAIPERSON

Board

$5K

2 hrs/wk

GARY WINDHAM

BOARD SECRETARY

Board

$4K

2 hrs/wk

CATHY LARACUENTE

BOARD VICE CHAIRPERSON

Board

$4K

2 hrs/wk

TIMOTHY O'REILLY

CHIEF MARKETING OFFICER

Staff

$216K

40 hrs/wk

WILLIAM DOUGLAS SYPOLT

CHIEF LENDING OFFICER

Staff

$163K

40 hrs/wk

JULIA TARIN

CHIEF RETAIL OFFICER

Staff

$159K

40 hrs/wk

BRADLEY STILLWELL

CHIEF OPERATIONS OFFICER

Staff

$151K

40 hrs/wk

Independent contractors

FEHRS

CONSTRUCTION

$2.5M

JACK HENRY AND ASSOCIATES

CORE SYSTEM PROVIDER

$829K

RRC CONSTRUCTION

CONSTRUCTION

$453K

JSA ARCHITECTS

CONSTRUCTION

$380K

LANVERA LTD

MEMBER STATEMENTS

$215K

Details

EIN751084210
Subsection14
Ruling date1976-06
Formed1965
Employees147
Volunteers0
FIRST BASIN CREDIT UNION — Mission, Financials & Grants Received | Grantivo