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LOUISIANA CORP CREDIT UNION

EIN 72-1013943 METAIRIE, LA

Browse the largest nonprofits in Louisiana

Revenue 2024
$9,811,108
Expenses 2024
$9,397,713

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
14
Classification
1000
Street
3500 N CAUSEWAY BLVD STE 1510

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 OFFICE OF THE FINANCIAL INSTITUTION OF THE STATE OF LOUISIANA (EIN 72-6034548). 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

Louisiana Corporate Credit Union is a cooperative association organized in accordance with the provisions of the Louisiana Credit Union Act for the purpose of serving credit union accounts through money management and creating a source of credit for its members.

  • Louisiana Corporate Credit Union provides financial and financially related services for the benefit of its member credit unions.

    Expenses $9,397,713

  • Lousiana Corporate provides low interest or interest free loans to member credit unions when impacted by declared natural disasters.

  • Louisiana Corporate issues a monthly economic and financial digest at no charge to its members which includes current economic and financial analysis of their operating environment.

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.

  • David A Savoie

    CEO

    Total calculated
    $346,063
    From this org
    $279,314
    From related orgs
    $0
    Other
    $66,749
    Hours/week
    40

    Schedule J breakdown matched by us · ignoring case and punctuation

    Base
    $209,203
    Bonus
    $64,315
    Other
    $5,796
    Deferred
    $22,345
    Nontaxable benefits
    $44,404
    Filer's total
    $346,063
  • Sherrie Klotz

    CAO

    Total calculated
    $145,209
    From this org
    $114,597
    From related orgs
    $0
    Other
    $30,612
    Hours/week
    40
  • Erin Byrd

    VP of Operations

    Total calculated
    $126,162
    From this org
    $116,097
    From related orgs
    $0
    Other
    $10,065
    Hours/week
    40
  • Melissa Matherne

    Board SecretaryTreasurer

    Total calculated
    $0
    Hours/week
    1
  • Mark Rosa

    Board Chair

    Total calculated
    $0
    Hours/week
    1
  • Mary Vedros

    Board Vice Chair

    Total calculated
    $0
    Hours/week
    1
  • Matt Koch

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Gary Funderburk

    Board Member

    Total calculated
    $0
    Hours/week
    1

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
    $9,811,108
    Expenses
    $9,397,713
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $9,492,747
    Expenses
    $8,432,164
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $6,131,367
    Expenses
    $4,252,245
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $6,583,884
    Expenses
    $4,328,085
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $6,583,884
    Expenses
    $4,328,085
    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
    $5,071,409
    Expenses
    $1,883,387
    Assets (EOY)
    $225,212,816
  • 2020 · 990

    Revenue
    $2,252,248
    Expenses
    $2,032,744
    Assets (EOY)
    $210,880,967
  • 2019 · 990

    Revenue
    $3,970,080
    Expenses
    $3,390,063
    Assets (EOY)
    $128,238,335
  • 2018 · 990

    Revenue
    $3,725,369
    Expenses
    $3,359,387
    Assets (EOY)
    $104,249,775
  • 2017 · 990

    Revenue
    $2,914,795
    Expenses
    $2,501,353
    Assets (EOY)
    $136,284,127
  • 2016 · 990

    Revenue
    $2,592,006
    Expenses
    $1,877,222
    Assets (EOY)
    $144,691,161
  • 2015 · 990

    Revenue
    $1,644,648
    Expenses
    $1,566,483
    Assets (EOY)
    $143,819,470
  • 2014 · 990

    Revenue
    $1,613,406
    Expenses
    $1,539,039
    Assets (EOY)
    $133,661,927
  • 2013 · 990

    Revenue
    $2,310,134
    Expenses
    $1,709,835
    Assets (EOY)
    $127,973,916
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,828,130
    Assets (EOY)
    $139,714,907

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

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 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.