Skip to content
Nonprofiteer
← STATE CHARTERED CREDIT UNIONS IN LOUISIANA

Form 990 for tax year 2025

Filed by STATE CHARTERED CREDIT UNIONS IN LOUISIANA.

Totals

Total revenue
$16,458,502
Total expenses
$15,211,559
Contributions and grants received
$500,053
Grants paid
$0
Program service revenue
$10,291,798
Investment income
$268,456
Other revenue
$5,398,195
Total assets, end of year
$177,814,502
Total liabilities, end of year
$151,021,662
Net assets or fund balances, end of year
$26,792,840
Program services expenses (Part IX)
$15,211,559
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$15,211,559

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $500,053

  • 2a · Program service revenue: Interest on Loans

    total $10,291,798 · related or exempt $10,291,798

  • 3 · Investment income

    total $268,456 · related or exempt $268,456

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Fee Income

    total $2,284,710 · related or exempt $2,284,710

  • 11b · Other revenue: Interchange Income

    total $1,937,288 · related or exempt $1,937,288

  • 11c · Other revenue: Other Exempt Income

    total $1,176,197 · related or exempt $1,176,197

  • 11e · Other revenue, total

    $5,398,195

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $3,954,352 · program services $3,954,352

  • 8 · Pension plan contributions

    total $380,907 · program services $380,907

  • 9 · Other employee benefits

    total $539,039 · program services $539,039

  • 10 · Payroll taxes

    total $302,546 · program services $302,546

  • 11b · Fees: legal

    total $30,052 · program services $30,052

  • 11c · Fees: accounting

    total $14,600 · program services $14,600

  • 11g · Fees: other

    total $461,186 · program services $461,186

  • 12 · Advertising and promotion

    total $354,317 · program services $354,317

  • 13 · Office expenses

    total $126,733 · program services $126,733

  • 16 · Occupancy

    total $1,217,559 · program services $1,217,559

  • 17 · Travel

    total $9,349 · program services $9,349

  • 19 · Conferences, conventions and meetings

    total $99,072 · program services $99,072

  • 20 · Interest

    total $2,008,951 · program services $2,008,951

  • 22 · Depreciation, depletion and amortization

    total $572,109 · program services $572,109

  • 24a · Other expenses: Provision for Loan Loss

    total $1,713,589 · program services $1,713,589

  • 24b · Other expenses: Miscellaneous Expense

    total $488,137 · program services $488,137

  • 24c · Other expenses: Servicing Expense

    total $2,543,580 · program services $2,543,580

  • 24d · Other expenses: Maintenance

    total $244,703 · program services $244,703

  • 24e · All other expenses

    total $150,778 · program services $150,778

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,264,655 · end of year $4,474,910

  • 2 · Savings and temporary cash investments

    beginning of year $13,031,143 · end of year $11,662,262

  • 4 · Accounts receivable

    beginning of year $2,392,535 · end of year $2,444,731

  • 5 · Loans and receivables from officers and key people

    beginning of year $1,109,680 · end of year $868,713

  • 7 · Other notes and loans receivable

    beginning of year $134,552,533 · end of year $144,174,993

  • 10a · Land, buildings and equipment: cost or other basis

    $13,899,120

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,410,527

  • 10c · Land, buildings and equipment, net

    beginning of year $8,745,683 · end of year $10,488,593

  • 15 · Other assets

    beginning of year $5,647,911 · end of year $3,700,300

  • 17 · Accounts payable and accrued expenses

    beginning of year $149,127,809 · end of year $151,021,662

  • 31 · Retained earnings, endowment or other funds

    beginning of year $24,616,331 · end of year $26,792,840

Mission and programs · 2025

Mission

Helping members with their financial needs

  • Help members with financial needs

    Expenses $15,211,559

As filed on the 2025 return.

Listed in Part VII

  • Chad Miller

    Chief Executive Officer

    Total calculated
    $303,870
    From this org
    $277,083
    From related orgs
    $0
    Other
    $26,787
    Hours/week
    40

    Schedule J breakdown matched by us · ignoring case and punctuation

    Base
    $241,452
    Bonus
    $35,631
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $26,787
    Filer's total
    $303,870

  • Angie Bellow

    Chief Administrative Officer

    Total calculated
    $157,090
    From this org
    $139,357
    From related orgs
    $0
    Other
    $17,733
    Hours/week
    40

    Schedule J breakdown matched by us · ignoring case and punctuation

    Base
    $131,846
    Bonus
    $7,511
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $17,733
    Filer's total
    $157,090

  • Shelley Flores

    Chief Operations Officer

    Total calculated
    $128,052
    From this org
    $117,657
    From related orgs
    $0
    Other
    $10,395
    Hours/week
    40

  • Christina Davis

    Chief Learning Officer

    Total calculated
    $117,370
    From this org
    $105,965
    From related orgs
    $0
    Other
    $11,405
    Hours/week
    40

  • Linda Sterling

    Chief Revenue Officer

    Total calculated
    $113,880
    From this org
    $101,363
    From related orgs
    $0
    Other
    $12,517
    Hours/week
    40

  • Jon Georgiades

    Chief Information Officer

    Total calculated
    $106,558
    From this org
    $99,259
    From related orgs
    $0
    Other
    $7,299
    Hours/week
    40

  • Michael Dronet

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Kevin Istre

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • William Wilkie

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Alton Childs

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Robert Collins

    Chairperson

    Total calculated
    $0
    Hours/week
    2

  • Donna Smith

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Gene Steech

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Renee Davis

    Supervisory Committee Member

    Total calculated
    $0
    Hours/week
    2

  • Terry Swire

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Cheyanna Glyenn

    Supervisory Committee Member

    Total calculated
    $0
    Hours/week
    2

  • Kenneth Thomas

    Supervisory Committee Member

    Total calculated
    $0
    Hours/week
    2

  • Chris Edwards

    Vice Chairperson

    Total calculated
    $0
    Hours/week
    2

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

None.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
27 April 2026
IRS schema version
2025v4.1
Source object
202611359349307481

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.