Nonprofit · EIN 57-0350988
CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA
Also known as GEORGETOWN KRAFT CREDIT UNION
Tax-exempt · GEORGETOWN, SC 29440
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $15,834,536 | $12,498,798 | $3,335,738 | $188,236,477 | $155,202,808 | $33,033,669 |
| December 31, 2024 | 990 | $15,023,051 | $11,695,100 | $3,327,951 | $180,412,224 | $151,181,094 | $29,231,130 |
| December 31, 2023 | 990 | $14,208,763 | $10,630,298 | $3,578,465 | $174,361,943 | $149,251,460 | $25,110,483 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $13,719,071
- Investment income
- $2,115,465
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,234,449
- Salaries, compensation and benefits (total)
- $5,249,343
- Professional fundraising fees
- $0
- Occupancy
- $743,537
- Travel
- $81,262
- Depreciation
- $341,695
- Program services (functional)
- $11,633,388
- Management and general (functional)
- $865,410
Balance sheet and other
- Total assets, start of year
- $180,412,224
- Total assets, end of year
- $188,236,477
- Total liabilities, end of year
- $155,202,808
- Net assets, end of year
- $33,033,669
- Land, buildings and equipment
- $6,749,640
- Gross receipts
- $15,834,536
- Employees
- 92
- Year formed
- 1952
- State of legal domicile
- SC
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 |
|---|---|---|---|---|
| KEVIN OWENS | CEO Highest-paid employee | 40 | $264,920 | $90,863 |
| KEITH WILCOX | EVP/CLO Officer | 40 | $175,182 | $69,339 |
| TERRI WILSON | BRANCH MANAG Officer | 40 | $107,063 | $31,678 |
| ELIZABETH LEWIS | VP Officer | 40 | $117,203 | $12,254 |
| ALAN BASS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| JAMES BESSANT | CHAIRMAN Trustee or director | – | $0 | $0 |
| MACK BURGESS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| RAYMOND PEARIGEN JR | BOARD MEMBER Trustee or director | – | $0 | $0 |
| DENNIS LOADHOLT | VICE CHAIRMA Trustee or director | – | $0 | $0 |
| TIMOTHY MCCONNELL | BOARD MEMBER Trustee or director | – | $0 | $0 |
| DARRELL THOMAS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| TIM TOMPKINS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| FELICIA WILSON | TREASURER/SE Trustee or director | – | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN OWENS | CEO Highest-paid employee | 40 | $243,780 | $91,732 |
| KEITH WILCOX | EVP/CLO Officer | 40 | $162,380 | $66,755 |
| ELIZABETH LEWIS | VP Officer | 40 | $111,782 | $12,855 |
| ALAN BASS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| JAMES BESSANT | CHAIRMAN Trustee or director | – | $0 | $0 |
| MACK BURGESS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| RAYMOND PEARIGEN JR | BOARD MEMBER Trustee or director | – | $0 | $0 |
| DENNIS LOADHOLT | VICE CHAIRMA Trustee or director | – | $0 | $0 |
| TIMOTHY MCCONNELL | BOARD MEMBER Trustee or director | – | $0 | $0 |
| DARRELL THOMAS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| TIM TOMPKINS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| FELICIA WILSON | TREASURER/SE Trustee or director | – | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN OWENS | CEO Highest-paid employee | 40 | $228,852 | $96,851 |
| KEITH WILCOX | EVP/CLO Officer | 40 | $152,104 | $72,107 |
| ELIZABETH LEWIS | VP Officer | 40 | $107,802 | $16,770 |
| ALAN BASS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| JAMES BESSANT | CHAIRMAN Trustee or director | – | $0 | $0 |
| MACK BURGESS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| PATSY ETHRIDGE | BOARD MEMBER Trustee or director | – | $0 | $0 |
| RAYMOND PEARIGEN JR | BOARD MEMBER Trustee or director | – | $0 | $0 |
| DENNIS LOADHOLT | VICE CHAIRMA Trustee or director | – | $0 | $0 |
| DARRELL THOMAS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| TIM TOMPKINS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| FELICIA WILSON | TREASURER/SE Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1379 N FRASER ST, GEORGETOWN, SC 29440-2825
- Principal officer (990 for 2025)
- KEVIN OWENS, 1379 NORTH FRASER ST, GEORGETOWN, SC 29440
- Signed the 990
- KEVIN OWENS, CEO
- Phone
- (843) 436-6316
- Website
- WWW.GEORGETOWNKRAFTCU.COM
- Return prepared by
- CANTEY TILLER PIERCE & GREEN LLP
Mission
STATE CHARTERED CREDIT UNION
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.Expenses $11,633,388
- 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
- 57-0350988
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1953: CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA
- Assets (IRS master file)
- $188,236,477
- Income (IRS master file)
- $15,834,536
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $15,834,536 | $12,498,798 | $188,236,477 | XML |
| 990 | December 2024 | $15,023,051 | $11,695,100 | $180,412,224 | XML |
| 990 | December 2023 | $14,208,763 | $10,630,298 | $174,361,943 | XML |
| 990 | December 2022 | $11,725,184 | $8,811,737 | $177,035,984 | 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 57-0350988).
Questions about CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA
- What is the EIN of CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA?
- The employer identification number (EIN) of CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA is 57-0350988.
- Is CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1968.
- Are donations to CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH 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 CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH 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 CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH 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 CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA?
- The 990 for the year ended December 31, 2025 names KEVIN OWENS.
- Who are the officers and directors of CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA?
- The 990 for the year ended December 31, 2025 lists 13 people; 4 received compensation from the organization, the highest $264,920 (KEVIN OWENS, CEO).
- How much revenue does CREDIT UNIONS CHARTERED IN THE STATE OF SOUTH CAROLINA have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $15,834,536, expenses of $12,498,798 and total assets of $188,236,477 at year end.
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