NonprofitsInvestex Credit Union

Investex Credit Union

HUMBLE, TX

Total revenue

$13.0M

Total expenses

$12.8M

Net assets

$234.7M

Grants received

$218K

1 grants

EIN

741325622

Tax year

2024

Mission

InvesTex Credit Union is dedicated to the highest quality service for its members, while maintaining a solid financial foundation. Our core values reflect the strong character of our members and our growing relationship with them. Voluntary, cooperative,non-profit savings institution(credit union) incorporated under the provisions of the Texas Credit Union Act.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$11.2M
Investment income$1.8M
Other revenue
Total revenue$13.0M

Expenses

Grants paid
Salaries & benefits$5.2M
Fundraising
Other expenses$4.7M
Total expenses$12.8M
Total assets$235.7M
Net assets$234.7M

People

19 listed

NameRoleCompensation

Keith Kearney

CEO/President

Board

$468K

40 hrs/wk

Kelly Payne

Senior Vice President Human Resources

Board

$155K

40 hrs/wk

John Tomson

Senior Vice President Information Technology

Board

$147K

40 hrs/wk

David Durham

Vice President Branch Administration

Board

$140K

40 hrs/wk

Rene Paredez

Vice President Accounting

Board

$137K

40 hrs/wk

Matthew Spisak

Vice President Lending & Branch Administration

Board

$128K

40 hrs/wk

Rick Sulfridge

Vice President Collections and Facilities

Board

$128K

40 hrs/wk

Jana Gonzales

Vice President Business Development

Board

$123K

40 hrs/wk

Cathy Parachos

Chairperson of the Board

Board

$3K

5 hrs/wk

Allan Griffin

Board Member

Board

$3K

5 hrs/wk

Dorothea Pickens

Board Member

Board

$3K

5 hrs/wk

Phyllis Kennedy

Board Member

Board

$3K

5 hrs/wk

William Lakin Jr

Board Member

Board

$3K

5 hrs/wk

Teresa Dossman

Board Member

Board

$3K

5 hrs/wk

Robert Williams

Board Member

Board

$3K

5 hrs/wk

Stephen Havemann

Board Member

Board

$3K

5 hrs/wk

Dan Calvert

Board Member

Board

$3K

5 hrs/wk

Jennifer Duffer

Advisory Committee

Board

$1K

5 hrs/wk

Billy Beattie

Advisory Committee

Board

$1K

5 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$218K
HURRICANE HARVEY RELIEF
2017

Funded by

$218K from 1 funder · 1 grant · 2017

Aldine Education Foundation

$218K · 1 grant · 2017

Details

EIN741325622
Subsection14
Ruling date1976-06
Formed1952
Employees64
Volunteers9
INVESTEX CREDIT UNION — Mission, Financials & Grants Received | Grantivo