Nonprofit · EIN 74-0695230
PRIORITY TRUST CREDIT UNION
Also known as NAPS BRANCH 589
Tax-exempt · HOUSTON, TX 77075
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $16,547,728 | $19,691,132 | -$3,143,404 | $189,618,284 | $5,403,900 | $184,214,384 |
| December 31, 2024 | 990 | $16,135,767 | $15,195,506 | $940,261 | $194,130,565 | $5,595,829 | $188,534,736 |
| December 31, 2023 | 990 | $13,776,593 | $13,380,210 | $396,383 | $189,539,846 | $5,671,940 | $183,867,906 |
| December 31, 2022 | 990 | $15,178,327 | $14,702,092 | $476,235 | $196,739,060 | $8,046,922 | $188,692,138 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $916,675
- Program service revenue
- $14,163,444
- Investment income
- $1,467,609
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $78,000
- Other salaries and wages
- $4,199,000
- Salaries, compensation and benefits (total)
- $5,648,898
- Professional fundraising fees
- $0
- Legal fees
- $1,776
- Accounting fees
- $66,000
- Occupancy
- $1,072,222
- Travel
- $123,198
- Depreciation
- $384,673
- Program services (functional)
- $13,216,434
- Management and general (functional)
- $6,474,698
Balance sheet and other
- Total assets, start of year
- $194,130,565
- Total assets, end of year
- $189,618,284
- Total liabilities, end of year
- $5,403,900
- Net assets, end of year
- $184,214,384
- Land, buildings and equipment
- $6,929,605
- Gross receipts
- $16,547,728
- Employees
- 95
- Volunteers
- 0
- Year formed
- 1929
- State of legal domicile
- TX
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 |
|---|---|---|---|
| Malcolm Rene | CEO Key employee | 40 | $230,842 |
| Daniel Caldwell | CFO Key employee | 40 | $141,580 |
| Wendell Greanleaf | Chairman Trustee or director | 1 | $6,000 |
| Ed Martindale | Vice-Chair Trustee or director | 1 | $6,000 |
| Roderick Newman | Secretary Trustee or director | 1 | $6,000 |
| Mary Watson | Parlimentarian Trustee or director | 1 | $6,000 |
| Charles Charleston | Secretary Trustee or director | 1 | $6,000 |
| John Glenn | Director Trustee or director | 1 | $6,000 |
| Edward Johnson | Director Trustee or director | 1 | $6,000 |
| Chuck Richard | Director Trustee or director | 1 | $6,000 |
| Debra Pruitt | Director Trustee or director | 1 | $6,000 |
| Gina Goosby | Director Trustee or director | 1 | $6,000 |
| Vic Ayres | Director Trustee or director | 1 | $6,000 |
| Margaret Glass | Treasurer Trustee or director | 1 | $5,500 |
| Gayle Reed | Director Trustee or director | 1 | $5,000 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Malcolm Rene | CEO Key employee | 40 | $220,000 |
| Daniel Caldwell | CFO Key employee | 40 | $140,605 |
| Wendell Greanleaf | Chairman Trustee or director | 1 | $6,000 |
| Ed Martindale | Vice-Chair Trustee or director | 1 | $6,000 |
| Margaret Glass | Treasurer Trustee or director | 1 | $6,000 |
| Mary Watson | Parlimentarian Trustee or director | 1 | $6,000 |
| Charles Charleston | Secretary Trustee or director | 1 | $6,000 |
| John Glenn | Director Trustee or director | 1 | $6,000 |
| Edward Johnson | Director Trustee or director | 1 | $6,000 |
| Gayle Reed | Director Trustee or director | 1 | $6,000 |
| Chuck Richard | Director Trustee or director | 1 | $6,000 |
| Debra Pruitt | Director Trustee or director | 1 | $6,000 |
| Gina Goosby | Director Trustee or director | 1 | $6,000 |
| Vic Ayres | Director Trustee or director | 1 | $6,000 |
| Roderick Newman | Secretary Trustee or director | 1 | $5,000 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Malcolm Rene | CEO Key employee | 40 | $210,086 |
| Daniel Caldwell | CFO Key employee | 40 | $130,729 |
| Wendell Greanleaf | Chairman Trustee or director | 1 | $6,000 |
| Ed Martindale | Vice-Chair Trustee or director | 1 | $6,000 |
| Roderick Newman | Secretary Trustee or director | 1 | $6,000 |
| Margaret Glass | Treasurer Trustee or director | 1 | $6,000 |
| Mary Watson | Parlimentarian Trustee or director | 1 | $6,000 |
| Charles Charleston | Secretary Trustee or director | 1 | $6,000 |
| John Glenn | Director Trustee or director | 1 | $6,000 |
| Edward Johnson | Director Trustee or director | 1 | $6,000 |
| Gayle Reed | Director Trustee or director | 1 | $6,000 |
| Chuck Richard | Director Trustee or director | 1 | $6,000 |
| Debra Pruitt | Director Trustee or director | 1 | $6,000 |
| Gina Goosby | Director Trustee or director | 1 | $6,000 |
| Vic Ayres | Director Trustee or director | 1 | $6,000 |
990 for the year ended December 31, 2022: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Malcolm Rene | CEO Key employee | 40 | $211,615 |
| Daniel Caldwell | CFO Key employee | 40 | $124,024 |
| Wendell Greanleaf | Chairman Trustee or director | 1 | $6,000 |
| Ed Martindale | Vice-Chair Trustee or director | 1 | $6,000 |
| Roderick Newman | Secretary Trustee or director | 1 | $6,000 |
| Margaret Glass | Treasurer Trustee or director | 1 | $6,000 |
| Mary Watson | Parlimentarian Trustee or director | 1 | $6,000 |
| Charles Charleston | Secretary Trustee or director | 1 | $6,000 |
| John Glenn | Director Trustee or director | 1 | $6,000 |
| Edward Johnson | Director Trustee or director | 1 | $6,000 |
| Chuck Richard | Director Trustee or director | 1 | $6,000 |
| Debra Pruitt | Director Trustee or director | 1 | $6,000 |
| Gina Goosby | Director Trustee or director | 1 | $6,000 |
| Vic Ayres | Director Trustee or director | 1 | $6,000 |
| Gayle Reed | Director Trustee or director | 1 | $5,500 |
Address and contacts
- Address (IRS master file)
- 9998 ALMEDA GENOA RD, HOUSTON, TX 77075-2416
- Mailing address (990-N for 2011)
- 4600 ALDINE BENDER, NORTH HOUSTON TX 773159902
- Principal officer (990 for 2025)
- Malcolm Renee, 9998 Almeda Genoa Rd, Houston, TX 77075
- Principal officer (990-N for 2011)
- NAPS BRANCH 589, 4600 ALDINE BENDER, NORTH HOUSTON TX 773159902
- Signed the 990
- Malcolm Renee, President and CEO
- Phone
- (713) 970-6273
- Return prepared by
- DONALD R BOND CPA
Mission
To provide banking and loan services to members in order to invest in people and improve lives.
Program accomplishments
- Share Accounts: Share accounts are offered to members and pay monthly dividends. Access if offered through branch locations, internet, ATMs, and telephone. Special accounts designed for children and adolescents encourage development of consistent savings habit.Expenses $1,434,311 · revenue $186,635
- Checking Accounts: Checking accounts are offered to members and generally pay monthly dividends. Access if offered through branch locations, internet, ATMs, and telephone. Free debit cards are offered and on-line and mobile banking features are provided.Expenses $269,866 · revenue $779,241
- Consumer Loans: Consumer loans are offered to members for autos, recreational vehicles, home equity, credit card, and personal loans. Consumer life and disability insurance are available on any of these products.Expenses $5,200,500 · grants $916,675 · revenue $7,216,146
- Other services offered to members are mortgage loans, money orders, cashiers checks and wire transfers.Expenses $6,311,757
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
- 74-0695230
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2742: CREDIT UNION DEPARTMENT OF THE STATE OF TEXAS
- Assets (IRS master file)
- $189,618,284
- Income (IRS master file)
- $16,547,728
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $13,776,593 | $13,380,210 | $189,539,846 | IRS |
| 990 | December 2022 | $15,178,327 | $14,702,092 | $196,739,060 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2011 Officer: NAPS BRANCH 589 | December 31, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about PRIORITY TRUST CREDIT UNION
- What is the EIN of PRIORITY TRUST CREDIT UNION?
- The employer identification number (EIN) of PRIORITY TRUST CREDIT UNION is 74-0695230.
- Is PRIORITY TRUST CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to PRIORITY TRUST CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PRIORITY TRUST 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 PRIORITY TRUST 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 PRIORITY TRUST 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 PRIORITY TRUST CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Malcolm Renee.
- Who are the officers and directors of PRIORITY TRUST CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $230,842 (Malcolm Rene, CEO).
- How much revenue does PRIORITY TRUST CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $16,547,728, expenses of $19,691,132 and total assets of $189,618,284 at year end.
Other nonprofits in HOUSTON
- MEMORIAL HERMANN HEALTH SYSTEM EIN 74-1152597 · last filed 990 for 2025
- METHODIST HOSPITAL GROUP EIN 35-2410801 · last filed 990 for 2024
- THE METHODIST HOSPITAL EIN 74-1180155 · last filed 990 for 2024
- BAYLOR COLLEGE OF MEDICINE EIN 74-1613878 · last filed 990 for 2025
- COMMUNITY HEALTH CHOICE TEXAS INC EIN 81-4077507 · last filed 990 for 2022
- WILLIAM MARSH RICE UNIVERSITY EIN 74-1109620 · last filed 990 for 2025
- COMMUNITY HEALTH CHOICE INC EIN 76-0495152 · last filed 990 for 2022
- BAKERRIPLEY EIN 23-7062976 · last filed 990 for 2024