NORTH EAST TEXAS CREDIT UNION Charity Report

Tax-exempt status may be revoked

NORTH EAST TEXAS CREDIT UNION

EIN 75-0830371

What they do

FINANCIAL COOPERATIVE PROVIDING LOANS/SERVICES to CREDIT UNION MEMBERS.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$85.61spent for every $100 of revenueRevenue covered expenses this year.

$24.77in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $233,313 for BARBARA KAY STEWART (PRESIDENT/CEO/SEC&TREASURER (RETIRED 6/30/22)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$9,477,993

Expenses$8,113,723

Annual surplus $1,364,270 Revenue was higher than expenses for this filing year.

See all reported dollar amounts

Revenue$9,477,993

Expenses$8,113,723

Assets$200,998,493

Stocks and bonds$70,035,383

Accounting fees$112,409

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BARBARA KAY STEWARTPRESIDENT/CEO/SEC&TREASURER (RETIRED 6/30/22) · 40 hrs/week $233,313Base $214,629 · Other $18,684

KEITHA NILSSONEXECUTIVE VICE PRESIDENT · 40 hrs/week $166,341Base $143,765 · Other $22,576

EEARL MUELLERIT ADMINISTRATOR · 40 hrs/week $144,776Base $128,828 · Other $15,948

ANNA WEBB-MOOREVP COMPLIANCE · 40 hrs/week $133,398Base $101,424 · Other $31,974

MINDY NICHOLSVP ACCOUNTING · 40 hrs/week $124,979Base $102,243 · Other $22,736

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

BARBARA KAY STEWARTPRESIDENT/CEO/SEC&TREASURER (RETIRED 6/30/22)

KEITHA NILSSONEXECUTIVE VICE PRESIDENT

EEARL MUELLERIT ADMINISTRATOR

ANNA WEBB-MOOREVP COMPLIANCE

MINDY NICHOLSVP ACCOUNTING

DEBORAH MARTINCHAIR

EARL ALEXANDERVICE CHAIR

ROY HENRYDIRECTOR

TRACIE SMITHDIRECTOR

About this charity

Location: 1115 LONE STAR BLVD, LONE STAR, TX 75668
County: Morris
In care of: ELISE MOORE
Primary officer: ELISE MOORE, VP COMPLIANCE

How to reach them

WebsiteVisit the charity’s website Phone(903) 656-2576

Filing and classification

Latest tax year: 2021
Tax period began: January 1, 2021
Return type: 990
Tax preparer: RSM US LLP
Revocation date: May 15, 2025