Form 990 for tax year 2025
Filed by STATE CHARTERED CREDIT UNIONS IN LOUISIANA.
Totals
- Total revenue
- $355,671
- Total expenses
- $334,900
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $46,116
- Other revenue
- $309,555
- Total assets, end of year
- $5,472,680
- Total liabilities, end of year
- $3,798,131
- Net assets or fund balances, end of year
- $1,674,549
- 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $46,116 · related or exempt $46,116 · 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
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: total interest on loans
total $316,918 · related or exempt $316,918 · unrelated business $0 · excluded $0
-
11b · Other revenue: fee income
total $4,201 · related or exempt $4,201 · unrelated business $0 · excluded $0
-
11d · All other revenue
total -$11,564 · related or exempt -$11,564 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$309,555
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $92,149
-
7 · Other salaries and wages
total $84,368
-
8 · Pension plan contributions
total $4,000
-
9 · Other employee benefits
total $43,152
-
10 · Payroll taxes
total $13,650
-
13 · Office expenses
total $19,726
-
16 · Occupancy
total $6,000
-
22 · Depreciation, depletion and amortization
total $1,532
-
23 · Insurance
total $10,070
-
24a · Other expenses: Dividend on shares
total $4,010
-
24b · Other expenses: Misc.
total $8,633
-
24c · Other expenses: Professional & Outside services
total $15,040
-
24d · Other expenses: Provision for Loan Loss
total $32,570
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $90,021 · end of year $107,911
-
2 · Savings and temporary cash investments
beginning of year $1,205,317 · end of year $1,219,990
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $4,516,687 · end of year $4,109,903
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $22,428 · end of year $34,876
-
17 · Accounts payable and accrued expenses
beginning of year $25,715 · end of year $25,779
-
25 · Other liabilities
beginning of year $4,154,960 · end of year $3,772,352
-
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 $1,653,778 · end of year $1,674,549
Mission and programs · 2025
Mission
Provide Affordable source of savings & borrowing.
-
Provide affordable savings and borrowing
As filed on the 2025 return.
Listed in Part VII
-
Kim Goodman
Manager
- Total calculated
- $92,149
- From this org
- $92,149
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Larry J Hebert
Secretary Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Krista O'Kelley
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Alberto Maxwell
President
- Total calculated
- $0
- Hours/week
- 0.25
-
Katie Burgett
Vice-President
- Total calculated
- $0
- Hours/week
- 0.25
-
Shelley Blocker
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Monica Fontenot
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Roman Thompson
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
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
- 24 July 2026
- IRS schema version
- 2025v4.0
- Source object
- 202642049349301044
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