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Nonprofit · EIN 57-6023757

NUCOR EMPLOYEES CREDIT UNION

Tax-exempt · FLORENCE, SC 29501

Financials

$3.9M$2.1M2023$4.2M$2.4M2024$4.1M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of NUCOR EMPLOYEES CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,129,711$2,806,947$1,322,764$67,279,978$54,426,878$12,853,100
December 31, 2024990$4,155,812$2,408,131$1,747,681$61,713,079$50,182,743$11,530,336
December 31, 2023990$3,875,951$2,130,309$1,745,642$61,620,679$51,838,024$9,782,655
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,219,344
Investment income
$910,367
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$903,877
Salaries, compensation and benefits (total)
$1,210,471
Professional fundraising fees
$0
Occupancy
$70,134
Travel
$48,442
Depreciation
$26,947
Program services (functional)
$2,644,438
Management and general (functional)
$162,509

Balance sheet and other

Total assets, start of year
$61,713,079
Total assets, end of year
$67,279,978
Total liabilities, end of year
$54,426,878
Net assets, end of year
$12,853,100
Land, buildings and equipment
$1,384,917
Gross receipts
$4,129,711
Employees
29
Year formed
1962
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.

NameTitleHours / weekCompensation
MATTHEW CHAPPELLMANAGER/CEO
Officer
40$64,372
PHILIP ALEXANDERVICE PRESIDE
Trustee or director
1$0
STARLET BRITTPRESIDENT
Trustee or director
1$0
LEO CHAPMANBOARD MEMBER
Trustee or director
1$0
ROGER LANESECRETARY
Trustee or director
1$0
KATRINA QUILLENBOARD MEMBER
Trustee or director
1$0
ANNETTE WARDTREASURER
Trustee or director
1$0
TERRY WHITEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
RICHARD RYANMANAGER/CEO
Officer
40$114,573$20,582
PHILIP ALEXANDERVICE PRESIDE
Trustee or director
–$0$0
STARLET BRITTPRESIDENT
Trustee or director
–$0$0
LEO CHAPMANBOARD MEMBER
Trustee or director
–$0$0
ROGER LANESECRETARY
Trustee or director
–$0$0
KATRINA QUILLENBOARD MEMBER
Trustee or director
–$0$0
ANNETTE WARDTREASURER
Trustee or director
–$0$0
TERRY WHITEBOARD MEMBER
Trustee or director
–$0$0
DEBORAH MCGEEINTERIM MANA
Officer
40$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
RICHARD RYANMANAGER/CEO
Officer
40$86,567
PHILIP ALEXANDERVICE PRESIDE
Trustee or director
–$0
STARLET BRITTPRESIDENT
Trustee or director
–$0
LEO CHAPMANTREASURER
Trustee or director
–$0
ROGER LANEBOARD MEMBER
Trustee or director
–$0
MIKE MONTROSESECRETARY
Trustee or director
–$0
ANNETTE WARDBOARD MEMBER
Trustee or director
–$0
TERRY WHITEBOARD MEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1202 N CASHUA DR, FLORENCE, SC 29501-6938
Principal officer (990 for 2025)
MATTHEW CHAPPELL, PO BOX 6469, FLORENCE, SC 29502
Signed the 990
MATTHEW CHAPPELL, MANAGER/CEO
Phone
(843) 665-4668
Return prepared by
CANTEY TILLER PIERCE & GREEN LLP

Mission

STATE CHARTERED CREDIT UNION

990 for the year ended December 31, 2025

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 $2,644,438

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
57-6023757
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
Assets (IRS master file)
$67,279,978
Income (IRS master file)
$4,129,711

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,129,711$2,806,947$67,279,978XML
990December 2024$4,155,812$2,408,131$61,713,079IRS
990December 2023$3,875,951$2,130,309$61,620,679XML
990December 2022$2,719,601$2,006,372$63,172,902IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 57-6023757).

Questions about NUCOR EMPLOYEES CREDIT UNION

What is the EIN of NUCOR EMPLOYEES CREDIT UNION?
The employer identification number (EIN) of NUCOR EMPLOYEES CREDIT UNION is 57-6023757.
Is NUCOR EMPLOYEES CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1968.
Are donations to NUCOR EMPLOYEES CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NUCOR EMPLOYEES 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 NUCOR EMPLOYEES 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 NUCOR EMPLOYEES 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 NUCOR EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2025 names MATTHEW CHAPPELL.
Who are the officers and directors of NUCOR EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $64,372 (MATTHEW CHAPPELL, MANAGER/CEO).
How much revenue does NUCOR EMPLOYEES CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,129,711, expenses of $2,806,947 and total assets of $67,279,978 at year end.

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