SUNMARK CREDIT UNION

As filed

Subsection

14

NTEE code

W61

Classification

1000

Street

1187 TROY SCHENECTADY RD

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).

Mission and programs · 2024

• SUNMARK CREDIT UNION OFFERS A VARIETY OF LENDING PROGRAMS DESIGNED TO MEET THE FINANCING NEEDS OF OUR MEMBERS. THESE PRODUCTS INCLUDE: MORTGAGES, VEHICLES, COMMERCIAL, CREDIT CARDS AND PERSONAL LOANS. DURING 2024, THE CREDIT UNION GRANTED OVER 36,000 LOW INTEREST RATE LOANS TOTALING MORE THAN $217 MILLION. SUNMARK MAKES IT CONVENIENT FOR MEMBERS TO OBTAIN FINANCING BY APPLYING ONLINE, VISITING ONE OF OUR 16 BRANCH LOCATIONS, OR CALLING OUR MEMBER SERVICE CENTER. AS MEMBER ADVOCATES, SUNMARK OFFERS WORKSHOPS TO EDUCATE MEMBERS ON TOPICS SUCH AS: BUDGETING, MANAGING DEBT, AND HOME BUYING WORKSHOPS.

• SUNMARK CREDIT UNION OFFERS VARIOUS DEPOSIT PRODUCTS TO SUPPORT THE FINANCIAL HEALTH AND WELL-BEING OF EACH MEMBER. THESE PRODUCTS PROVIDE COMPETITIVE DIVIDEND RATES, 24/7 ACCESS TO FUNDS AND EASY TRANSFER OPTIONS. WE OFFER MOBILE BANKING, DEBIT CARDS, ACCESS TO NEARLY 30,000 ATMS AND 5,000 PLUS SHARED BRANCHING LOCATIONS ACROSS THE COUNTRY. SUNMARK SERVES OVER 89,000 MEMBERS IN 14 COUNTIES IN THE CAPITAL DISTRICT AND HUDSON VALLEY REGION OF NEW YORK.

As filed on the 2024 return.

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.

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

  $78,480,506

  Expenses

  $72,671,788

  Contributions

  $0

  Grants paid

  $72,500

• 2023

  Revenue

  $72,882,778

  Expenses

  $67,569,889

  Contributions

  $0

  Grants paid

  $72,500

• 2022

  Revenue

  $62,452,442

  Expenses

  $58,231,926

  Contributions

  $0

  Grants paid

  $246,800

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

  $61,777,524

  Expenses

  $54,806,633

  Assets (EOY)

  $1,009,786,367

• 2020 · 990

  Revenue

  $68,058,106

  Expenses

  $52,021,198

  Assets (EOY)

  $920,109,210

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.

Grants made

• SUNMARK CHARITABLE COMMUNITY FOUNDATION

  $55,000

  2024 · CHARITABLE DONATION

• SUNMARK CHARITABLE COMMUNITY FOUNDATION

  $55,000

  2023 · CHARITABLE DONATION

• SUNMARK CHARITABLE COMMUNITY FOUNDATION

  $50,000

  2022 · CHARITABLE DONATION

• CAPITAL REGION CHAMBER FOUNDATION

  $17,500

  2024 · SPONSORSHIP OF 2024 ENTREPRENEURIAL BOOT CAMP

• CAPITAL REGION CHAMBER FOUNDATION

  $17,500

  2023 · SPONSORSHIP OF 2023 ENTREPRENEURIAL BOOT CAMP

Where these grants went next →

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.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

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.

Other IRS files