Form 990 for tax year 2025
Filed by Holy Redeemer Community Credit Union.
Totals
- Total revenue
- $32,794
- Total expenses
- $18,952
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $8,167
- Investment income
- $24,627
- Other revenue
- $0
- Total assets, end of year
- $746,925
- Total liabilities, end of year
- $522,033
- Net assets or fund balances, end of year
- $224,892
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Loans
total $7,521 · related or exempt $7,521 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Fee Income
total $646 · related or exempt $646 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $24,627 · related or exempt $24,627 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $1,145
-
11g · Fees: other
total $2,009
-
12 · Advertising and promotion
total $257
-
13 · Office expenses
total $5,903
-
17 · Travel
total $1,377
-
22 · Depreciation, depletion and amortization
total $1,580
-
23 · Insurance
total $1,867
-
24a · Other expenses: Dividend to members
total $482
-
24b · Other expenses: Operating exam fees
total $3,306
-
24c · Other expenses: Loan Servicing to members
total $86
-
24e · All other expenses
total $940
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,000 · end of year $7,410
-
2 · Savings and temporary cash investments
beginning of year $586,949 · end of year $586,334
-
7 · Other notes and loans receivable
beginning of year $89,388 · end of year $132,600
-
9 · Prepaid expenses and deferred charges
beginning of year $2,108 · end of year $2,293
-
10a · Land, buildings and equipment: cost or other basis
$27,359
-
10b · Land, buildings and equipment: accumulated depreciation
$24,330
-
10c · Land, buildings and equipment, net
beginning of year $4,609 · end of year $3,029
-
13 · Investments: program-related
beginning of year $16,087 · end of year $15,259
-
17 · Accounts payable and accrued expenses
beginning of year $4,572 · end of year $1,540
-
25 · Other liabilities
beginning of year $491,519 · end of year $520,493
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $211,050 · end of year $224,892
Mission and programs · 2025
Mission
The Holy Redeemer Community Credit Union (HRCCU) was organized to provide financial services to low-moderate income families. We seek to provide an opportunity for each member to improve their respective economic and social conditions. We are a unique non-for-profit, financial institution that is democratically owned and organized by a group of people who share a common bond.
-
We funded 8 loans during 2025. total of 11 consumer loans as of 12/31/2025
-
We deposited transaction, and investment accounts with 252 members as o231/2025
As filed on the 2025 return.
Listed in Part VII
-
John Daniels III
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Tiffany Batton
Vice Chairman
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Michaela Blake
Secretary
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Latonia Owens-Green
Compliance
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Sheryl Cunningham
Diector
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Sheila Robinson
Director
- Total calculated
- $0
- Hours/week
- 5 + 5 related
-
Lisa Neal
President/CEO
- Total calculated
- $0
- Hours/week
- 30 + 30 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 14 May 2026
- IRS schema version
- 2025v4.0
- Source object
- 202601419349301000
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