NonprofitsHighway Employees Credit Union

Highway Employees Credit Union

TYLER, TX

Total revenue

$115K

Total expenses

$98K

Net assets

$501K

Grants received

EIN

751023729

Tax year

2024

Mission

The Highway Employees Credit Union provides competitive rates on loans and savings accounts to employees and their families of the Texas Department of Transportation.

Programs

2 programs

CONSUMER LOANS: Since the beginning of the credit union in 1959, we have provided personal and collateral loans. The consumer loans product line includes new and used vehicles, boats, motorcycles, ATVs and travel trailer loans. The members also have the option of purchasing GAP coverage on the vehicle loans.

The credit union has some expenses that include: two full time employees along with their salaries, taxes paid, insurance and other expenses to operate the credit union.

Expenses: $98K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$100K
Investment income$14K
Other revenue$1K
Total revenue$115K

Expenses

Grants paid
Salaries & benefits$60K
Fundraising
Other expenses$38K
Total expenses$98K
Total assets$1.9M
Net assets$501K

People

6 listed

NameRoleCompensation

Melissa Frick

President/Manager

Board

$28K

28 hrs/wk

John Goodwin

Chairman

Board

1 hrs/wk

Conley Owens

Vice Chairman

Board

1 hrs/wk

Larry West

Treasurer

Board

1 hrs/wk

Linda Akin

Secretary

Board

1 hrs/wk

Clint Costner

Director

Board

1 hrs/wk

Details

EIN751023729
Subsection14
Ruling date1976-06
Formed1959
Employees2
Volunteers0
HIGHWAY EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo