BAYPORT FEDERAL CREDIT UNION

As filed

Subsection

01

Classification

1000

Street

1 BAYPORT WAY STE 350

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).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

This address is a suite or unit (STE 350). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• BAYPORT FOUNDATION

  EIN 85-3902631

Mission and programs · 2024

• TO PROVIDE AFFORDABLE LOANS TO OVER 16,000 MEMBERS DURING THE YEAR. MANY OF THE INDIVIDUALS WOULD NOT HAVE BEEN ABLE TO OBTAIN SUCH LOANS FROM OTHER FINANCIAL INSTITUTIONS. IN ADDITION, THE CREDIT UNION PROVIDED DEPOSITORY SERVICES TO MEMBERS PROVIDING BRANCHES, ON-LINE BANKING, FINANCIAL COUNSELING SERVICES, HOME BUYING AND RETIREMENT SEMINARS, FINANCIAL EDUCATION, SCHOLARSHIPS AND NUMEROUS OTHER RELATED SERVICES. THE CREDIT UNION'S MEMBERSHIP CONSISTS PRIMARILY OF INDIVUDALS IN THE HAMPTON ROADS AREA AND INCLUDES MANY INDIVIDUALS GENERALLY NOT RECRUITED FOR SERVICES AT LARGER FINANCIAL INSTITUTIONS.

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

  $185,859,609

  Expenses

  $169,659,562

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $152,756,668

  Expenses

  $127,432,775

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $114,363,682

  Expenses

  $99,781,444

  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

  $100,083,823

  Expenses

  $95,290,480

  Assets (EOY)

  $2,278,710,765

• 2020 · 990

  Revenue

  $95,027,195

  Expenses

  $91,742,438

  Assets (EOY)

  $1,992,413,687

• 2019 · 990

  Revenue

  $96,742,019

  Expenses

  $84,042,731

  Assets (EOY)

  $1,743,829,584

• 2018 · 990

  Revenue

  $93,291,014

  Expenses

  $82,600,313

  Assets (EOY)

  $1,617,282,372

• 2017 · 990

  Revenue

  $82,498,378

  Expenses

  $75,221,435

  Assets (EOY)

  $1,570,997,194

• 2016 · 990

  Revenue

  $77,221,912

  Expenses

  $71,486,095

  Assets (EOY)

  $1,518,674,578

• 2015 · 990

  Revenue

  $71,755,685

  Expenses

  $65,936,505

  Assets (EOY)

  $1,448,702,849

• 2014 · 990

  Revenue

  $68,756,188

  Expenses

  $62,093,497

  Assets (EOY)

  $1,347,600,330

• 2013 · 990

  Revenue

  $68,125,672

  Expenses

  $59,258,891

  Assets (EOY)

  $1,316,428,930

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $57,530,739

  Assets (EOY)

  $1,276,511,990

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.

Other IRS files