Nonprofit · EIN 23-1469875
SPIRIT FINANCIAL CREDIT UNION
Tax-exempt · LEVITTOWN, PA 19054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,751,020 | $3,316,246 | $434,774 | $67,711,085 | $261,128 | $67,449,957 |
| December 31, 2024 | 990 | $3,764,964 | $4,001,412 | -$236,448 | $70,261,618 | $332,863 | $69,928,755 |
| December 31, 2023 | 990 | $3,335,638 | $2,779,988 | $555,650 | $72,926,478 | $517,800 | $72,408,678 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,427,879
- Investment income
- $1,323,141
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $246,994
- Other salaries and wages
- $460,378
- Salaries, compensation and benefits (total)
- $959,529
- Professional fundraising fees
- $0
- Occupancy
- $100,389
- Travel
- $23,260
- Depreciation
- $89,427
Balance sheet and other
- Total assets, start of year
- $70,261,618
- Total assets, end of year
- $67,711,085
- Total liabilities, end of year
- $261,128
- Net assets, end of year
- $67,449,957
- Land, buildings and equipment
- $2,458,633
- Gross receipts
- $3,751,020
- Employees
- 10
- Volunteers
- 7
- Year formed
- 1953
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Obarowski | CEO Key employee | 40 | $246,994 | $246,994 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Obarowski | CEO Key employee | 40 | $258,414 | $258,414 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Obarowski | CEO Key employee, Highest-paid employee | 40 | $234,182 | $234,182 |
Address and contacts
- Address (IRS master file)
- 8535 NEW FALLS RD, LEVITTOWN, PA 19054-1601
- Principal officer (990 for 2025)
- David Obarowski, 8535 New Falls Road, Levittown, PA 19054
- Signed the 990
- David Obarowski, CEO
- Phone
- (267) 580-0230
- Website
- spiritfinancialcu.org
Mission
Providing low cost financial services to members.
Program accomplishments
- Providing low cost financial services to membersExpenses $3,427,687 · revenue $3,751,015
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1469875
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0885: CREDIT UNIONS CHARTERED IN THE STATE OF PENNSYLVANIA
- Assets (IRS master file)
- $67,711,085
- Income (IRS master file)
- $3,751,020
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,751,020 | $3,316,246 | $67,711,085 | XML |
| 990 | December 2024 | $3,764,964 | $4,001,412 | $70,261,618 | XML |
| 990 | December 2023 | $3,335,638 | $2,779,988 | $72,926,478 | XML |
| 990 | December 2022 | $2,517,527 | $2,065,354 | $70,694,603 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1469875).
Questions about SPIRIT FINANCIAL CREDIT UNION
- What is the EIN of SPIRIT FINANCIAL CREDIT UNION?
- The employer identification number (EIN) of SPIRIT FINANCIAL CREDIT UNION is 23-1469875.
- Is SPIRIT FINANCIAL CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1945.
- Are donations to SPIRIT FINANCIAL CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SPIRIT FINANCIAL CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SPIRIT FINANCIAL CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPIRIT FINANCIAL CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SPIRIT FINANCIAL CREDIT UNION?
- The 990 for the year ended December 31, 2025 names David Obarowski.
- Who are the officers and directors of SPIRIT FINANCIAL CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $246,994 (David Obarowski, CEO).
- How much revenue does SPIRIT FINANCIAL CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,751,020, expenses of $3,316,246 and total assets of $67,711,085 at year end.
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