NonprofitsShared Resources Credit Union

Shared Resources Credit Union

PASADENA, TX

Total revenue

$2.2M

Total expenses

$2.4M

Net assets

$3.2M

Grants received

EIN

741162836

Tax year

2024

Mission

Shared resources credit union is committed to serving the needs of our members by providing quality services in a conscientious manner that will develop new business and enhance existing relationships.

Programs

2 programs

Checking accounts - shared resources credit union (the credit union) provides checking accounts for consumers with various features, which include receiving dividends on a monthly basis. Additionally, the credit union extends the reach of these accounts to all members with free debit cards, internet account access and free use of the internet bill pay program. Total checking account dividends paid by the credit union to members is $36,266.

Consumer loans - shared resources credit union (the credit union) has provided personal loans since its early years. The consumer loan product line now includes efficient underwriting and flexible offerings for vehicles, recreational vehicles, boats, motorcycles and home equity loans. Consumer life and disability insurance is available on any of these loan types. At 12/31/2024, the credit union had loan balances of $19,500,487.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.9M
Investment income$288K
Other revenue
Total revenue$2.2M

Expenses

Grants paid
Salaries & benefits$690K
Fundraising
Other expenses$1.7M
Total expenses$2.4M
Total assets$25.9M
Net assets$3.2M

People

11 listed

NameRoleCompensation

STEPHANIE SALAZAR

PRESIDENT/CEO

Board

$402K

40 hrs/wk

CLYDE COXIE JR

DIRECTOR

Board

1 hrs/wk

PATRICIA JOHNSON

SECRETARY

Board

1 hrs/wk

TERRY MULLINS

TREASURER

Board

1 hrs/wk

BENNETT RADIN

CHAIR

Board

1 hrs/wk

SCOTT BUCHANAN

DIRECTOR

Board

1 hrs/wk

HOWARD ROTHMAN

DIRECTOR

Board

1 hrs/wk

ERIC THOMPSON

DIRECTOR

Board

1 hrs/wk

GARY TRUJILLO

VICE CHAIR

Board

1 hrs/wk

JOHN WHIGHAM

DIRECTOR

Board

1 hrs/wk

SHERRY RAMPHAL

FORMER DIRECTOR

Board

1 hrs/wk

Independent contractors

FISERV

DATA PROCESSING

$453K

Details

EIN741162836
Subsection14
Ruling date1976-06
Formed1949
Employees9
Volunteers9
SHARED RESOURCES CREDIT UNION — Mission, Financials & Grants Received | Grantivo