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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 61-6029190

MEMBERS CHOICE CREDIT UNION

Tax-exempt · ASHLAND, KY 41101

Financials

$21M$22.9M2023$25.6M$24.9M2024$26.9M$24.7M2025
Revenue Expenses · by fiscal year end
Financials of MEMBERS CHOICE CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$26,891,603$24,690,750$2,200,853$422,081,368$387,370,067$34,711,301
December 31, 2024990$25,593,598$24,896,706$696,892$408,505,134$375,994,686$32,510,448
December 31, 2023990$21,048,521$22,892,460-$1,843,939$403,136,466$374,118,631$29,017,835
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$23,441,300
Investment income
$3,450,303
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$407,511
Other salaries and wages
$4,650,491
Salaries, compensation and benefits (total)
$7,694,626
Professional fundraising fees
$0
Legal fees
$86,185
Accounting fees
$22,519
Occupancy
$567,569
Travel
$71,877
Depreciation
$429,320
Program services (functional)
$8,495,995
Management and general (functional)
$16,194,755

Balance sheet and other

Total assets, start of year
$408,505,134
Total assets, end of year
$422,081,368
Total liabilities, end of year
$387,370,067
Net assets, end of year
$34,711,301
Land, buildings and equipment
$15,493,013
Publicly traded securities
$61,866,531
Net assets without donor restrictions
$32,681,363
Net assets with donor restrictions
$2,029,938
Gross receipts
$26,891,603
Employees
128
Year formed
1932
State of legal domicile
KY

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
JASON SUMANPRESIDENT AN
Officer
40$285,914
TODD BUSHSENIOR VP -
Officer
40$121,597
DON NEIKIRKDIRECTOR
Trustee or director
0$0
JOHN TOWNSENDDIRECTOR
Trustee or director
0$0
GARY DARNELLDIRECTOR
Trustee or director
0$0
KEN SMITHSECRETARY-TR
Trustee or director
0$0
DONNA Q HEWLETTDIRECTOR
Trustee or director
0$0
ROD HIENEMANVICE CHAIRMA
Trustee or director
0$0
BRYAN SMITHDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
JASON SUMANPRESIDENT AN
Officer
40$250,334
TODD BUSHSENIOR VP -
Officer
40$110,479
DON NEIKIRKDIRECTOR
Trustee or director
–$0
JOHN TOWNSENDDIRECTOR
Trustee or director
–$0
GARY DARNELLDIRECTOR
Trustee or director
–$0
KEN SMITHSECRETARY-TR
Trustee or director
–$0
DONNA Q HEWLETTDIRECTOR
Trustee or director
–$0
ROD HIENEMANVICE CHAIRMA
Trustee or director
–$0
BRYAN SMITHDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
TODD BUSHSENIOR VP -
Officer
–$0
KEN SMITHSECRETARY-TR
Trustee or director
–$0
DON NEIKIRKDIRECTOR
Trustee or director
–$0
GARY DARNELLDIRECTOR
Trustee or director
–$0
JOHN TOWNSENDDIRECTOR
Trustee or director
–$0
ROD HIENEMANVICE CHAIRMA
Trustee or director
–$0
DONNA Q HEWLETTDIRECTOR
Trustee or director
–$0
BRYAN SMITHDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1401 CENTRAL AVE, ASHLAND, KY 41101-7551
Principal officer (990 for 2025)
JASON SUMAN, PO BOX 1468, ASHLAND, KY 411051468
Signed the 990
TODD BUSH, SENIOR VP - CFO
Phone
(606) 326-8000
Return prepared by
KELLEY GALLOWAY SMITH GOOLSBY PSC

Mission

TO PROVIDE FINANCIAL SERVICES TO CREDIT UNION MEMBERS

990 for the year ended December 31, 2025

Program accomplishments

  • INTEREST PAID ON MEMBER DEPOSITS
    Expenses $8,495,995

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
61-6029190
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$422,081,368
Income (IRS master file)
$26,891,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$26,891,603$24,690,750$422,081,368XML
990December 2024$25,593,598$24,896,706$408,505,134XML
990December 2023$21,048,521$22,892,460$403,136,466XML
990December 2022$16,240,826$14,364,309$358,992,351IRS
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 61-6029190).

Questions about MEMBERS CHOICE CREDIT UNION

What is the EIN of MEMBERS CHOICE CREDIT UNION?
The employer identification number (EIN) of MEMBERS CHOICE CREDIT UNION is 61-6029190.
Is MEMBERS CHOICE CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1934.
Are donations to MEMBERS CHOICE CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MEMBERS CHOICE 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 MEMBERS CHOICE 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 MEMBERS CHOICE 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 MEMBERS CHOICE CREDIT UNION?
The 990 for the year ended December 31, 2025 names JASON SUMAN.
Who are the officers and directors of MEMBERS CHOICE CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $285,914 (JASON SUMAN, PRESIDENT AN).
How much revenue does MEMBERS CHOICE CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $26,891,603, expenses of $24,690,750 and total assets of $422,081,368 at year end.

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