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Nonprofit · EIN 62-6041064

KOIN CREDIT UNION

Tax-exempt · BRENTWOOD, TN 37027

Financials

$1.4M$1.8M2023$1.8M$2M2024$1.9M$2.1M2025
Revenue Expenses · by fiscal year end
Financials of KOIN CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,869,145$2,075,950-$206,805$36,183,297$33,088,551$3,094,746
December 31, 2024990$1,778,489$2,003,808-$225,319$37,971,210$34,669,660$3,301,550
December 31, 2023990$1,445,218$1,812,740-$367,522$38,532,997$35,006,128$3,526,869
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,242,043
Investment income
$441,926
Other revenue
$185,176

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$603,579
Salaries, compensation and benefits (total)
$762,243
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$37,971,210
Total assets, end of year
$36,183,297
Total liabilities, end of year
$33,088,551
Net assets, end of year
$3,094,746
Land, buildings and equipment
$91,134
Gross receipts
$1,869,145
Employees
9
Volunteers
9
Year formed
1954
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DOUG CLINTONCEO
Officer
40$177,961$4,521
STEVE ACKLINVICE CHAIRMAN
Trustee or director
1$0$0
KRISTEN LANDERSTREASURER
Trustee or director
1$0$0
SARA MOFIELDSECRETARY
Trustee or director
1$0$0
JANICE BELLBOARD MEMBER
Trustee or director
1$0$0
SHAYNE GILPINSUPERVISORY COMMITTEE
Trustee or director
1$0$0
JAYSON BYRDSUPERVISORY COMMITTEE
Trustee or director
1$0$0
SHELBY SAWYERBOARD MEMBER
Trustee or director
1$0$0
MIKE NEILLCHAIRMAN
Trustee or director
1$0$0
SCOTT LUCASBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
DOUG CLINTONCEO
Officer
40$147,477
STEVE ACKLINVICE CHAIRMAN
Trustee or director
1$0
SHAWN TOBESUPERVISORY COMMITTEE
Trustee or director
1$0
KRISTEN LANDERSTREASURER
Trustee or director
1$0
SARA MOFIELDSECRETARY
Trustee or director
1$0
JANICE BELLBOARD MEMBER
Trustee or director
1$0
SHAYNE GILPINSUPERVISORY COMMITTEE
Trustee or director
1$0
JAYSON BYRDSUPERVISORY COMMITTEE
Trustee or director
1$0
SHELBY SAWYERBOARD MEMBER
Trustee or director
1$0
MIKE NEILLCHAIRMAN
Trustee or director
1$0
JASON HENDERSONBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
DOUG CLINTONCEO
Officer
40$141,819$458
OWEN JONESVICE CHAIRMAN
Trustee or director
1$0$0
TRACY BROOKSSECRETARY
Trustee or director
1$0$0
STEVE ACKLINTREASURER
Trustee or director
1$0$0
SHAWN TOBEBOARD MEMBER
Trustee or director
1$0$0
MIKE PUCKETTCHAIRMAN
Trustee or director
1$0$0
SARA MOFIELDBOARD MEMBER
Trustee or director
1$0$0
JANICE BELLBOARD MEMBER
Trustee or director
1$0$0
SHAYNE GILPINSUPERVISORY COMMITTEE
Trustee or director
1$0$0
MICKIE MALHAMSUPERVISORY COMMITTEE
Trustee or director
1$0$0
SHELBY SAWYERBOARD MEMBER
Trustee or director
1$0$0
MIKE NEILLBOARD MEMBER
Trustee or director
1$0$0
JASON HENDERSONBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
215 CENTERVIEW DRIVE SUITE 3-111, BRENTWOOD, TN 37027-5246
In care of
% WADE STAPLETON
Principal officer (990 for 2025)
ERIK HEARN, 215 CENTERVIEW DR SUITE 3-111, BRENTWOOD, TN 37027
Signed the 990
ERIK HEARN, CFO
Phone
(615) 251-2089
Return prepared by
CRI ADVISORS LLC

Mission

THE PURPOSES OF THIS CREDIT UNION SHALL BE TO PROMOTE GOOD ECONOMIC MANAGEMENT, TO ISSUE SHARES AND MAINTAIN ACCOUNTS, TO MAKE LOANS TO ITS MEMEBERS AT RESONABLE RATES OF INTEREST FOR PRUDENT PURPOSES, TO INVEST ANY SURPLUS NOT REQUIRED FOR LANS TO MEMEBERS IN THE WAY AND MANNER PROVIDED BY LAW, AND TO EXERCISE THOSE FUNCTIONS DESCRIBED IN THE LAWS OF THE STATE OF TENNESSEE AUTHORIZING THE ORGANZIATION OF CREDIT UNIONS.

990 for the year ended December 31, 2025

Program accomplishments

  • AT 12/31/25, KOIN CREDIT UNION (KCU) HAS 1 LOCATION IN BRENTWOOD, TN. KCU OFFERS A WIDE RANGE OF CONSUMER CREDIT AND DEPOSIT PRODUCTS & SERVICES. THESE INCLUDE CREDIT CARDS, SECURED AND UNSECURED TERM AND REVOLVING LOANS, RESIDENTIAL CONSTRUCTION AND PERMANENT MORTGAGE LENDING. KEY DATA AS OF DECEMBER 31, 2025 INCLUDE 1 LOCATION, 9 EMPLOYEES, 2,111 MEMBERS, 1,016 LOAN ACCOUNTS, 87 PARTICIPATION LOANS AND 4,089 DEPOSIT ACCOUNTS.

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
62-6041064
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1952
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,183,297
Income (IRS master file)
$1,869,145

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,869,145$2,075,950$36,183,297XML
990December 2024$1,778,489$2,003,808$37,971,210IRS
990December 2023$1,445,218$1,812,740$38,532,997XML
990December 2022$1,203,640$1,654,806$42,251,248IRS
990December 2021$1,242,004$1,483,845$47,682,396IRS
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 62-6041064).

Questions about KOIN CREDIT UNION

What is the EIN of KOIN CREDIT UNION?
The employer identification number (EIN) of KOIN CREDIT UNION is 62-6041064.
Is KOIN CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1952.
Are donations to KOIN CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KOIN 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 KOIN 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 KOIN 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 KOIN CREDIT UNION?
The 990 for the year ended December 31, 2025 names ERIK HEARN.
Who are the officers and directors of KOIN CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $177,961 (DOUG CLINTON, CEO).
How much revenue does KOIN CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,869,145, expenses of $2,075,950 and total assets of $36,183,297 at year end.

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