Skip to main content

Nonprofit · EIN 62-0714058

EMPLOYEE RESOURCES CREDIT UNION

Tax-exempt · LAWRENCEBURG, TN 38464

Financials

$8.7M$6.7M2023$10.7M$9.7M2024
Revenue Expenses · by fiscal year end
Financials of EMPLOYEE RESOURCES CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,686,105$9,650,280$1,035,825$177,637,285$161,588,060$16,049,225
December 31, 2023990$8,673,266$6,736,767$1,936,499$147,209,137$132,195,737$15,013,400
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$9,542,340
Investment income
$990,802
Other revenue
$152,963

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,255,980
Salaries, compensation and benefits (total)
$3,375,403
Professional fundraising fees
$0
Occupancy
$409,101
Management and general (functional)
$9,650,280

Balance sheet and other

Total assets, start of year
$147,209,137
Total assets, end of year
$177,637,285
Total liabilities, end of year
$161,588,060
Net assets, end of year
$16,049,225
Land, buildings and equipment
$3,296,294
Gross unrelated business income
$64,889
Gross receipts
$10,686,105
Employees
77
Volunteers
10
State of legal domicile
TN

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 / weekCompensationOther / benefits
KONDA BOWLINGPRESIDENT/CE
Officer
40$180,999$51,495
BECKY BARNETTBOD MEM/SC C
Trustee or director, Officer
1$0$0
VICKI ENGELHARDTBOARD MEMBER
Trustee or director
1$0$0
CINDY GILLIAMBOARD MEMBER
Trustee or director
1$0$0
DAVID JOHNSONBOARD MEMBER
Trustee or director
1$0$0
JEFF JORDANBOARD MEMBER
Trustee or director
1$0$0
DANNY LUCYBOARD CHAIR
Trustee or director
1$0$0
BRENT MCKAMEYBOARD MEMBER
Trustee or director
1$0$0
SHEILA METHVINBOARD SECRET
Trustee or director
1$0$0
BARBARA NORMANBOARD MEMBER
Trustee or director
1$0$0
BILL PETTUSBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
KONDA BOWLINGPRESIDENT/CE
Officer
40$179,068$52,780
VICKI ENGELHARDTBOARD MEMBER
Trustee or director
1$0$0
CINDY GILLIAMBOARD MEMBER
Trustee or director
1$0$0
MARIE HURRENBOARD CHAIR
Trustee or director
1$0$0
DAVID JOHNSONBOARD MEMBER
Trustee or director
1$0$0
JEFF JORDANBOARD MEMBER
Trustee or director
1$0$0
JOAN KNOWISBOD MEM/SC C
Trustee or director, Officer
1$0$0
DANNY LUCYBOARD VICE-C
Trustee or director
1$0$0
DARRIN MCKAMEYBOARD MEMBER
Trustee or director
1$0$0
SHEILA METHVINBOARD SECRET
Trustee or director
1$0$0
BARBARA NORMANBOARD MEMBER
Trustee or director
1$0$0
BILL PETTUSBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2135 N LOCUST AVE, LAWRENCEBURG, TN 38464-4455
In care of
% EMPLOYEE RESOURCES CREDIT UNION
Principal officer (990 for 2024)
KONDA BOWLING, 2135 LOCUST AVE, LAWRENCEBURG, TN 38464
Signed the 990
KONDA BOWLING, PRESIDENT/CEO
Phone
(931) 766-9288
Return prepared by
CU AUDIT & COMPLIANCE GROUP

Mission

CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 23,237 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.
    Expenses $6,333,956
  • THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
    Expenses $3,316,324

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
62-0714058
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1952
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$177,637,285
Income (IRS master file)
$10,686,105

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,686,105$9,650,280$177,637,285XML
990December 2023$8,673,266$6,736,767$147,209,137XML
990December 2022$7,210,233$5,742,633$136,034,491IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 62-0714058).

Questions about EMPLOYEE RESOURCES CREDIT UNION

What is the EIN of EMPLOYEE RESOURCES CREDIT UNION?
The employer identification number (EIN) of EMPLOYEE RESOURCES CREDIT UNION is 62-0714058.
Is EMPLOYEE RESOURCES CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1952.
Are donations to EMPLOYEE RESOURCES CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EMPLOYEE RESOURCES 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 EMPLOYEE RESOURCES CREDIT UNION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EMPLOYEE RESOURCES CREDIT UNION 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 EMPLOYEE RESOURCES CREDIT UNION?
The 990 for the year ended December 31, 2024 names KONDA BOWLING.
Who are the officers and directors of EMPLOYEE RESOURCES CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $180,999 (KONDA BOWLING, PRESIDENT/CE).
How much revenue does EMPLOYEE RESOURCES CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,686,105, expenses of $9,650,280 and total assets of $177,637,285 at year end.

Other nonprofits in LAWRENCEBURG

All nonprofits in LAWRENCEBURG · Tennessee