Nonprofit · EIN 56-0580539
STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA
Also known as ARCADE CREDIT UNION
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $439,991 | $370,075 | $69,916 | $8,064,364 | $6,956,424 | $1,107,940 |
| December 31, 2024 | 990 | $436,746 | $356,576 | $80,170 | $8,211,950 | $7,173,926 | $1,038,024 |
| December 31, 2023 | 990 | $381,545 | $293,131 | $88,414 | $7,957,273 | $7,000,056 | $957,217 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $297,103
- Investment income
- $142,888
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $144,075
- Salaries, compensation and benefits (total)
- $144,075
- Professional fundraising fees
- $0
- Program services (functional)
- $353,703
- Management and general (functional)
- $16,372
Balance sheet and other
- Total assets, start of year
- $8,211,950
- Total assets, end of year
- $8,064,364
- Total liabilities, end of year
- $6,956,424
- Net assets, end of year
- $1,107,940
- Land, buildings and equipment
- $6,754
- Gross receipts
- $439,991
- Employees
- 3
- Year formed
- 1952
- State of legal domicile
- NC
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 |
|---|---|---|---|
| SHELLY FENDER | MANAGER/ TRE Officer | 40 | $55,981 |
| WILLIAM BROWN | VICE PRESIDE Trustee or director | – | $0 |
| VANN GIBBS | PRESIDENT Trustee or director | – | $0 |
| TAMI HOUSTON | BOARD MEMBER Trustee or director | – | $0 |
| JOHN HUGHES | SECRETARY Trustee or director | – | $0 |
| KAREN KELLY | BOARD MEMBER Trustee or director | – | $0 |
| ROBERT REYNOLDS | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHELLY FENDER | MANAGER/ TRE Officer | 37.5 | $54,191 |
| WILLIAM BROWN | VICE PRESIDE Trustee or director | – | $0 |
| VANN GIBBS | PRESIDENT Trustee or director | – | $0 |
| TAMI HOUSTON | BOARD MEMBER Trustee or director | – | $0 |
| JOHN HUGHES | SECRETARY Trustee or director | – | $0 |
| KAREN KELLY | BOARD MEMBER Trustee or director | – | $0 |
| ROBERT REYNOLDS | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHELLY FENDER | MANAGER/ TRE Officer | 40 | $46,250 |
| WILLIAM BROWN | VICE PRESIDE Trustee or director | 1 | $0 |
| VANN GIBBS | PRESIDENT Trustee or director | 1 | $0 |
| TAMI HOUSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN HUGHES | SECRETARY Trustee or director | 1 | $0 |
| KAREN KELLY | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT REYNOLDS | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 151 PATTON AVE STE 280, ASHEVILLE, NC 28801-2683
- In care of
- % SHELLY FENDER
- Principal officer (990 for 2025)
- SHELLY FENDER, 151 PATTON AVENUE, ASHEVILLE, NC 28801
- Signed the 990
- SHELLY FENDER, MANAGER/ TREASURER
- Phone
- (828) 254-1582
- Website
- WWW.ARCADECU.COM
- Return prepared by
- CANTEY TILLER PIERCE & GREEN LLP
Mission
TO MAKE LOANS AND PROVIDE SAVINGS ACCOUNTS FOR MEMBERS AT REASONABLE RATES
Program accomplishments
- DURING THE YEAR, THE CREDIT UNION SERVED ITS MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS.
- DURING THE YEAR, THE CREDIT UNION SERVED ITS MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS.
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
- 56-0580539
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2032: STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA
- Assets (IRS master file)
- $8,064,364
- Income (IRS master file)
- $439,991
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $439,991 | $370,075 | $8,064,364 | IRS |
| 990 | December 2024 | $436,746 | $356,576 | $8,211,950 | IRS |
| 990 | December 2023 | $381,545 | $293,131 | $7,957,273 | XML |
| 990 | December 2022 | $254,248 | $257,133 | $7,560,900 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 56-0580539).
Questions about STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA
- What is the EIN of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
- The employer identification number (EIN) of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA is 56-0580539.
- Is STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
- Are donations to STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA 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 STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA 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 STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA 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 STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
- The 990 for the year ended December 31, 2025 names SHELLY FENDER.
- Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $55,981 (SHELLY FENDER, MANAGER/ TRE).
- How much revenue does STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $439,991, expenses of $370,075 and total assets of $8,064,364 at year end.
Other nonprofits in ASHEVILLE
- GROUP HEALTH PROGRAM OF THE NATNL TELECOMMUNICATIONS COOP ASSOC EIN 52-1043923 · last filed 990 for 2024
- DOGWOOD HEALTH TRUST EIN 83-0590696 · last filed 990-PF for 2024
- MOUNTAIN AREA HEALTH EDUCATION CENTER INC EIN 56-1071426 · last filed 990 for 2025
- GIVENS ESTATES INC EIN 51-0199312 · last filed 990 for 2024
- THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC EIN 56-1223384 · last filed 990 for 2025
- DEERFIELD EPISCOPAL RETIREMENT COMM INC EIN 56-0614176 · last filed 990 for 2025
- APPALACHIAN MOUNTAIN COMMUNITY HE EIN 46-3984362 · last filed 990 for 2025
- WESTERN NORTH CAROLINA COMMUNITY HEALTH SERVICES INC EIN 56-1852922 · last filed 990 for 2025