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Nonprofit · EIN 72-6018551

PEOPLES CREDIT UNION

Also known as ST JOSEPH PARISH CREDIT UNION

Tax-exempt · RAYNE, LA 70578

Financials

$932K$887K2023$1.1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of PEOPLES CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,114,207$1,090,858$23,349$23,581,145$18,990,204$4,590,941
December 31, 2023990$932,202$887,172$45,030$24,512,812$19,945,220$4,567,592
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$845,537
Investment income
$268,670
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$229,947
Salaries, compensation and benefits (total)
$252,002
Professional fundraising fees
$0
Legal fees
$1,682
Accounting fees
$28,200
Travel
$508
Depreciation
$38,915
Program services (functional)
$887,257
Management and general (functional)
$203,601

Balance sheet and other

Total assets, start of year
$24,512,812
Total assets, end of year
$23,581,145
Total liabilities, end of year
$18,990,204
Net assets, end of year
$4,590,941
Land, buildings and equipment
$1,180,356
Gross receipts
$1,114,207
Employees
9
Year formed
1942
State of legal domicile
LA

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
TINA SIMONMANAGER
Key employee
40$67,677
RHONDA BROUSSARDDIRECTOR
Trustee or director
0$0
MICHAEL REYNOLDSDIRECTOR
Trustee or director
0$0
JAMES FONTENOTDIRECTOR
Trustee or director
0$0
JARROD GARDINERDIRECTOR
Trustee or director
0$0
JEFFREY BOUILLIONCHAIRMAN
Officer
0$0
KEITH CAHANINSECRETARY
Officer
0$0
RYNESS LEBLANCVICE-CHAIRMAN
Officer
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JAMES FONTENOTDIRECTOR
Trustee or director
0$0
JARROD GARDINERDIRECTOR
Trustee or director
0$0
RHONDA BROUSSARDDIRECTOR
Trustee or director
0$0
MICHAEL REYNOLDSDIRECTOR
Trustee or director
0$0
KEITH CAHANINSECRETARY
Officer
0$0
RYNESS LEBLANCVICE CHAIRMAN
Officer
0$0
JEFFREY BOUILLIONCHAIRMAN
Officer
0$0
TINA SIMONMANAGER
Key employee
40$0

Address and contacts

Address (IRS master file)
PO BOX 290, RAYNE, LA 70578-0290
In care of
% KEITH CAHANIN
Principal officer (990 for 2024)
JEFFREY BOUILLION, PO BOX 290, RAYNE, LA 70578
Signed the 990
KEITH CAHANIN, SECRETARY
Phone
(337) 393-2495
Return prepared by
NICOLE DEJEAN-BROUSSARD CPA LLC

Mission

TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST AND PROVIDING OTHER FINANCIAL SERVICES FOR ITS MEMBERS

990 for the year ended December 31, 2024

Program accomplishments

  • TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST AND PROVIDING OTHER FINANCIAL SERVICES FOR ITS MEMBERS
    Expenses $887,257 · revenue $1,114,207

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
72-6018551
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)
$23,581,145
Income (IRS master file)
$1,114,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,114,207$1,090,858$23,581,145XML
990December 2023$932,202$887,172$24,512,812XML
990December 2022$717,439$714,745$25,739,422IRS
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 72-6018551).

Questions about PEOPLES CREDIT UNION

What is the EIN of PEOPLES CREDIT UNION?
The employer identification number (EIN) of PEOPLES CREDIT UNION is 72-6018551.
Is PEOPLES CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
Are donations to PEOPLES CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PEOPLES 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 PEOPLES CREDIT UNION 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 PEOPLES 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 PEOPLES CREDIT UNION?
The 990 for the year ended December 31, 2024 names JEFFREY BOUILLION.
Who are the officers and directors of PEOPLES CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $67,677 (TINA SIMON, MANAGER).
How much revenue does PEOPLES CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,114,207, expenses of $1,090,858 and total assets of $23,581,145 at year end.

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