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Nonprofit · EIN 58-1679069

STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA

Also known as PIEDMONT CREDIT UNION

Tax-exempt · STATESVILLE, NC 28687

Financials

$297K$323K2023$322K$325K2024
Revenue Expenses · by fiscal year end
Financials of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$321,833$324,657-$2,824$5,482,773$5,044,770$438,003
December 31, 2023990$296,737$322,733-$25,996$5,380,087$4,939,260$440,827
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$228,509
Investment income
$66,910
Tax-exempt bond proceeds
$66,910
Other revenue
$26,414

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$40,952
Other salaries and wages
$66,020
Salaries, compensation and benefits (total)
$124,804
Professional fundraising fees
$0
Accounting fees
$2,140
Occupancy
$6,305
Travel
$686
Depreciation
$1,336

Balance sheet and other

Total assets, start of year
$5,380,087
Total assets, end of year
$5,482,773
Total liabilities, end of year
$5,044,770
Net assets, end of year
$438,003
Land, buildings and equipment
$274,548
Gross receipts
$321,833
Employees
5
Volunteers
5
Year formed
1981
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ginger WaddellTreasurer Secretary
Trustee or director, Officer
32$40,952
Frank Furches JrPresident
Trustee or director, Officer
10$0
William R DellingerVice President
Trustee or director, Officer
10$0
Darlene TuckerDirector
Trustee or director, Officer
5$0
Keith WilliamsDirector
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Ginger WaddellTreasurer Secretary
Trustee or director, Officer
32$40,345
Frank Furches JrPresident
Trustee or director, Officer
10$0
William R DellingerVice President
Trustee or director, Officer
10$0
Darlene TuckerDirector
Trustee or director, Officer
5$0
Keith WilliamsDirector
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 1307, STATESVILLE, NC 28687-1307
Principal officer (990 for 2024)
Piedmont Credit Union, 1913 W Front Street, Statesville, NC 28677
Signed the 990
Ginger Waddell, Treasurer
Phone
(704) 873-6400

Mission

Provide loans to member shareholders and pay reasonable dividends.

990 for the year ended December 31, 2024

Program accomplishments

  • Provide loans to member shareholders and pay reasonable dividends.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1679069
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
Assets (IRS master file)
$5,482,773
Income (IRS master file)
$321,833

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$321,833$324,657$5,482,773XML
990December 2023$296,737$322,733$5,380,087XML
990December 2022$236,806$249,850$5,153,142IRS
990December 2021–––IRS
990December 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 58-1679069).

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 58-1679069.
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 2025 (the year ending December 31, 2025) is due May 15, 2026. 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 2024.
Who is the principal officer of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
The 990 for the year ended December 31, 2024 names Piedmont Credit Union.
Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $40,952 (Ginger Waddell, Treasurer Secretary).
How much revenue does STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $321,833, expenses of $324,657 and total assets of $5,482,773 at year end.

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