Nonprofit · EIN 56-0713351
STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA
Also known as HEALTHSHARE CREDIT UNION
Tax-exempt · GREENSBORO, NC 27401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,507,091 | $3,106,668 | $400,423 | $49,219,270 | $42,547,631 | $6,671,639 |
| December 31, 2024 | 990 | $3,538,402 | $3,282,302 | $256,100 | $50,841,653 | $44,672,446 | $6,169,207 |
| December 31, 2023 | 990 | $2,988,299 | $2,610,804 | $377,495 | $51,534,170 | $45,853,602 | $5,680,568 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,228,752
- Investment income
- $278,339
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $862,186
- Salaries, compensation and benefits (total)
- $1,156,282
- Professional fundraising fees
- $0
- Legal fees
- $7,954
- Accounting fees
- $100,052
- Occupancy
- $37,890
- Travel
- $80,201
- Depreciation
- $60,554
- Program services (functional)
- $3,106,668
Balance sheet and other
- Total assets, start of year
- $50,841,653
- Total assets, end of year
- $49,219,270
- Total liabilities, end of year
- $42,547,631
- Net assets, end of year
- $6,671,639
- Land, buildings and equipment
- $347,156
- Gross receipts
- $3,507,091
- Employees
- 12
- Volunteers
- 17
- Year formed
- 1955
- 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 |
|---|---|---|---|
| Genice DeCorte | CEO Officer | 40 | $291,084 |
| Daniel Griffith | COO Officer | 40 | $136,804 |
| Keith Ross | Board Chairperson Trustee or director | 2 | $0 |
| Jean Johnson | Board Treasurer Trustee or director | 2 | $0 |
| Myra Kelly | Board Member Trustee or director | 2 | $0 |
| Cheryl Somers | Board Vice Chairperson Trustee or director | 2 | $0 |
| Michelle Adamolekun | Board Member Trustee or director | 2 | $0 |
| Debra Miller | Board Member Trustee or director | 2 | $0 |
| Diana Turner | Board Member Trustee or director | 2 | $0 |
| David Plyler | Board Member Trustee or director | 2 | $0 |
| Youland Williams | Board Member Trustee or director | 2 | $0 |
| Deanne Brooks | Board Member Trustee or director | 2 | $0 |
| Smita Glosson | Board Secretary Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Genice DeCorte | CEO Officer | 40 | $219,097 |
| Keith Ross | Board Chairperson Trustee or director | 2 | $0 |
| Jean Johnson | Board Treasurer Trustee or director | 2 | $0 |
| Myra Kelly | Board Member Trustee or director | 2 | $0 |
| Cheryl Somers | Board Vice Chairperson Trustee or director | 2 | $0 |
| Michelle Adamolekun | Board Member Trustee or director | 2 | $0 |
| Debra Miller | Board Member Trustee or director | 2 | $0 |
| Diana Turner | Board Member Trustee or director | 2 | $0 |
| David Plyler | Board Member Trustee or director | 2 | $0 |
| Youland Williams | Board Member Trustee or director | 2 | $0 |
| Deanne Brooks | Board Member Trustee or director | 2 | $0 |
| Smita Glosson | Board Secretary Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Genice DeCorte | Manger or CEO Officer | 40 | $209,710 |
| Keith Ross | Board Chairperson Trustee or director | 2 | $0 |
| Jean Johnson | Board Treasurer Trustee or director | 2 | $0 |
| Myra Kelly | Board Member Trustee or director | 2 | $0 |
| Cheryl Somers | Board Vice Chairperson Trustee or director | 2 | $0 |
| Alissa Johnson | Supervisory Committee Chairperson Trustee or director | 2 | $0 |
| Kathryn Ashby | Supervisory Committee Member Trustee or director | 2 | $0 |
| Diana Turner | Board Member Trustee or director | 2 | $0 |
| David Plyler | Board Member Trustee or director | 2 | $0 |
| Regina Breeze | Supervisory Committee Member Trustee or director | 2 | $0 |
| Deanne Brooks | Board Member Trustee or director | 2 | $0 |
| Smita Glosson | Board Secretary Board Member Trustee or director | 2 | $0 |
| Youland Williams | Board Member Trustee or director | 2 | $0 |
| Debra Miller | Board Member Trustee or director | 2 | $0 |
| Mark Sawulski | Supervisory Committee Member Trustee or director | 2 | $0 |
| Susan Terrell | Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 N ELM ST, GREENSBORO, NC 27401-1004
- In care of
- % GENICE DECORTE
- Principal officer (990 for 2025)
- GENICE DECORTE, 1200 N ELM ST, GREENSBORO, NC 274011004
- Signed the 990
- GENICE DECORTE, CEO
- Phone
- (336) 832-8206
- Return prepared by
- Ewart & Associates LLC
Mission
Programs of credit unions which offer a wide variety of personal financial services exclusively to their members featuring competitive rates on loans and investments and other products and services.
Program accomplishments
- Providing Credit Union ServicesExpenses $3,116,668 · revenue $3,507,091
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
- 56-0713351
- 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)
- $49,219,270
- Income (IRS master file)
- $3,507,091
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,507,091 | $3,106,668 | $49,219,270 | XML |
| 990 | December 2024 | $3,538,402 | $3,282,302 | $50,841,653 | XML |
| 990 | December 2023 | $2,988,299 | $2,610,804 | $51,534,170 | XML |
| 990 | December 2022 | $2,477,711 | $2,098,205 | $47,337,444 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 56-0713351).
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 56-0713351.
- 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 GENICE DECORTE.
- Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
- The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $291,084 (Genice DeCorte, CEO).
- 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 $3,507,091, expenses of $3,106,668 and total assets of $49,219,270 at year end.
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