Nonprofit · EIN 59-0385610
STATE CHARTERED CREDIT UNIONS IN FLORIDA
Also known as PRIORITY CREDIT UNION
Tax-exempt · ORLANDO, FL 32806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,782,545 | $4,684,610 | -$902,065 | $56,131,671 | $51,358,500 | $4,773,171 |
| December 31, 2024 | 990 | $3,672,738 | $3,947,906 | -$275,168 | $57,403,746 | $51,728,452 | $5,675,294 |
| December 31, 2023 | 990 | $5,304,291 | $4,261,219 | $1,043,072 | $60,688,660 | $54,738,198 | $5,950,462 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,465,103
- Investment income
- $317,442
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $310,052
- Other salaries and wages
- $846,191
- Salaries, compensation and benefits (total)
- $1,354,260
- Professional fundraising fees
- $0
- Legal fees
- $13,438
- Accounting fees
- $200,449
- Occupancy
- $80,147
- Travel
- $7,351
- Depreciation
- $94,876
Balance sheet and other
- Total assets, start of year
- $57,403,746
- Total assets, end of year
- $56,131,671
- Total liabilities, end of year
- $51,358,500
- Net assets, end of year
- $4,773,171
- Land, buildings and equipment
- $603,790
- Gross receipts
- $3,782,545
- Employees
- 19
- Volunteers
- 6
- Year formed
- 1930
- State of legal domicile
- FL
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 |
|---|---|---|---|
| Alan Rowe | CEO Officer, Key employee, Highest-paid employee | 40 | $214,796 |
| Maria OShea | COO Officer, Key employee | 40 | $95,256 |
| Shawn Barrow | Board Chairman Trustee or director | 20 | $0 |
| Jesse Watkins | Board Vice Chairman Trustee or director | 20 | $0 |
| Sherrie Tomlinson | Board Secretary Trustee or director | 20 | $0 |
| Carlos Ramos | Board Treasurer Trustee or director | 20 | $0 |
| Michael Munguia | Board Director Trustee or director | 20 | $0 |
| Janie Clark | Board Director Trustee or director | 20 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alan Rowe | CEO Officer, Key employee, Highest-paid employee | 40 | $218,544 |
| Maria OShea | COO Officer, Key employee | 40 | $100,201 |
| Shawn Barrow | Board Chairman Trustee or director | 20 | $0 |
| Jesse Watkins | Board Vice Chairman Trustee or director | 20 | $0 |
| Sherrie Tomlinson | Board Secretary Trustee or director | 20 | $0 |
| Carlos Ramos | Board Treasurer Trustee or director | 20 | $0 |
| Michael Munguia | Board Director Trustee or director | 20 | $0 |
| Janie Clark | Board Director Trustee or director | 20 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Alan Rowe | CSO Officer, Key employee, Highest-paid employee | 40 | $173,199 | $173,199 |
| Maria OShea | COO Officer, Key employee | 40 | $99,972 | $99,972 |
| Steve Hooks | Board Chairman Trustee or director | 20 | $0 | $0 |
| Ray Muse | Board Vice Chairman Trustee or director | 20 | $0 | $0 |
| Sherrie Tomlinson | Board Secretary Trustee or director | 20 | $0 | $0 |
| Jerry Morey | Board Treasurer Trustee or director | 20 | $0 | $0 |
| Michael Munguia | Board Director Trustee or director | 20 | $0 | $0 |
| Janie Clark | Board Director Trustee or director | 20 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 301 E MICHIGAN ST, ORLANDO, FL 32806-4539
- In care of
- % ALAN ROWE
- Principal officer (990 for 2025)
- ALAN ROWE, 301 E MICHIGAN ST, ORLANDO, FL 32806
- Signed the 990
- Holla Walker, Contract CFO
- Phone
- (407) 425-2561
- Website
- www.prioritycu.org
Mission
Caring about people; connecting members with their financial dreams; confident in making a difference in the lives of members.
Program accomplishments
- Income from the credit union membership and investment of members' funds provide the foundation from which the organization can function and provide services to its' restricted membership.Expenses $393,675 · revenue $317,443
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
- 59-0385610
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2106: STATE CHARTER CREDIT UNIONS IN FLORIDA GROUP RETURN
- Assets (IRS master file)
- $56,131,671
- Income (IRS master file)
- $3,782,545
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,782,545 | $4,684,610 | $56,131,671 | IRS |
| 990 | December 2024 | $3,672,738 | $3,947,906 | $57,403,746 | IRS |
| 990 | December 2023 | $5,304,291 | $4,261,219 | $60,688,660 | XML |
| 990 | December 2022 | $3,797,705 | $3,619,968 | $64,902,303 | 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 59-0385610).
Questions about STATE CHARTERED CREDIT UNIONS IN FLORIDA
- What is the EIN of STATE CHARTERED CREDIT UNIONS IN FLORIDA?
- The employer identification number (EIN) of STATE CHARTERED CREDIT UNIONS IN FLORIDA is 59-0385610.
- Is STATE CHARTERED CREDIT UNIONS IN FLORIDA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1970.
- Are donations to STATE CHARTERED CREDIT UNIONS IN FLORIDA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does STATE CHARTERED CREDIT UNIONS IN FLORIDA 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 FLORIDA 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 FLORIDA 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 FLORIDA?
- The 990 for the year ended December 31, 2025 names ALAN ROWE.
- Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN FLORIDA?
- The 990 for the year ended December 31, 2025 lists 8 people; 2 received compensation from the organization, the highest $214,796 (Alan Rowe, CEO).
- How much revenue does STATE CHARTERED CREDIT UNIONS IN FLORIDA have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,782,545, expenses of $4,684,610 and total assets of $56,131,671 at year end.
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