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CREDIT UNIONS IN THE STATE OF NEW MEXICO

EIN 85-0102571 ALBUQUERQUE, NM

Largest nonprofits in New Mexico

Revenue 2024
$68,194,766
Expenses 2024
$65,598,291

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
14
Classification
1000
Street
4910 UNION WAY NE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of CREDIT UNIONS IN THE STATE OF NEW MEXICO (EIN 23-7253113). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

Mission

FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGEOUS RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.

  • INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS.

  • FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES.

  • EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUS, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Ronald Moorehead

    PRESIDENT/CE

    Total calculated
    $1,346,452
    From this org
    $1,324,215
    From related orgs
    $0
    Other
    $22,237
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $1,324,215
    Bonus
    not reported
    Other
    not reported
    Deferred
    $22,237
    Nontaxable benefits
    not reported
    Filer's total
    $1,346,452
  • Karen Ortiz

    EVP/COO

    Total calculated
    $645,313
    From this org
    $632,516
    From related orgs
    $0
    Other
    $12,797
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $632,516
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,797
    Nontaxable benefits
    not reported
    Filer's total
    $645,313
  • Steve Coffey

    CIO

    Total calculated
    $367,291
    From this org
    $355,175
    From related orgs
    $0
    Other
    $12,116
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $355,175
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,116
    Nontaxable benefits
    not reported
    Filer's total
    $367,291
  • Chris Samborski

    CLO

    Total calculated
    $328,874
    From this org
    $313,223
    From related orgs
    $0
    Other
    $15,651
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $313,223
    Bonus
    not reported
    Other
    not reported
    Deferred
    $15,651
    Nontaxable benefits
    not reported
    Filer's total
    $328,874
  • Yvonne Alaniz-Carpe

    CFO

    Total calculated
    $271,378
    From this org
    $258,431
    From related orgs
    $0
    Other
    $12,947
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $258,431
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,947
    Nontaxable benefits
    not reported
    Filer's total
    $271,378
  • Dennis Houston

    CSO

    Total calculated
    $260,884
    From this org
    $248,566
    From related orgs
    $0
    Other
    $12,318
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $248,566
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,318
    Nontaxable benefits
    not reported
    Filer's total
    $260,884
  • Stormy Barrett

    VP BRANCH OF

    Total calculated
    $206,178
    From this org
    $196,357
    From related orgs
    $0
    Other
    $9,821
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $196,357
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,821
    Nontaxable benefits
    not reported
    Filer's total
    $206,178
  • Vincent Esparaza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Cynthia Frost

    1ST VICE CHA

    Total calculated
    $0
    Hours/week
    5
  • Rick Goshorn

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    5
  • Cassie Kelley

    EX-OFFICER

    Total calculated
    $0
    Hours/week
    5
  • Stewart Logan

    2ND VICE CHA

    Total calculated
    $0
    Hours/week
    5
  • Boyd Miller

    EMERITUS DIR

    Total calculated
    $0
    Hours/week
    5
  • Loretta Montoya

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    5
  • Iva Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Vanessa Ragsdale

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Melissa Wauneka

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $68,194,766
    Expenses
    $65,598,291
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $61,292,333
    Expenses
    $55,963,625
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $50,914,383
    Expenses
    $43,279,543
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $41,680,287
    Expenses
    $31,785,009
    Assets (EOY)
    $827,742,636
  • 2020 · 990

    Revenue
    $36,248,505
    Expenses
    $34,243,545
    Assets (EOY)
    $703,722,821
  • 2019 · 990

    Revenue
    $37,801,962
    Expenses
    $34,289,288
    Assets (EOY)
    $563,340,389
  • 2018 · 990

    Revenue
    $35,448,974
    Expenses
    $32,371,231
    Assets (EOY)
    $543,612,312
  • 2017 · 990

    Revenue
    $32,050,656
    Expenses
    $30,136,634
    Assets (EOY)
    $519,712,050
  • 2016 · 990

    Revenue
    $27,970,252
    Expenses
    $28,373,962
    Assets (EOY)
    $507,821,984
  • 2015 · 990

    Revenue
    $26,759,022
    Expenses
    $26,470,970
    Assets (EOY)
    $491,504,002
  • 2014 · 990

    Revenue
    $25,000,162
    Expenses
    $24,496,923
    Assets (EOY)
    $427,405,979
  • 2013 · 990

    Revenue
    $25,214,721
    Expenses
    $25,510,688
    Assets (EOY)
    $415,454,922
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $21,537,614
    Assets (EOY)
    $392,331,576

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2024 return

  • C U USER INC C U USERS INC

    C CORP · INS. SALES · NM · 100% owned · share of income $284,284 · share of assets $433,932 · controlled entity

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.