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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-1240617

MEMORIAL CREDIT UNION

Tax-exempt · HOUSTON, TX 77074

Financials

$6.3M$6.6M2025
Revenue Expenses · by fiscal year end
Financials of MEMORIAL CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$6,329,807$6,564,177-$234,370$87,687,672$78,322,361$9,365,311
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,221,955
Investment income
$477,280
Other revenue
$630,572

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$538,611
Other salaries and wages
$1,767,671
Salaries, compensation and benefits (total)
$2,217,755
Professional fundraising fees
$0
Occupancy
$424,335
Travel
$1,148

Balance sheet and other

Total assets, start of year
$93,440,654
Total assets, end of year
$87,687,672
Total liabilities, end of year
$78,322,361
Net assets, end of year
$9,365,311
Land, buildings and equipment
$274,638
Net assets without donor restrictions
$9,365,311
Gross receipts
$6,329,807
Employees
29
Volunteers
7
Year formed
1953
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.

NameTitleHours / weekCompensation
THOMAS ROGERSCEO
Officer, Key employee
40$201,775
ROBYN OLIVEEVP
Highest-paid employee
40$158,697
TRICIA MACAULAYVP OF LENDING
Highest-paid employee
40$132,811
ANTHONY JULIANVP OF COLLECTIONS
Highest-paid employee
40$125,364
PAUL WENZBOARD MEMBER
Trustee or director
1$0
VICKI M JONESCHAIRPERSON
Trustee or director
1$0
MARY BAKERBOARD SECRETARY
Trustee or director
1$0
JOE DICKSONBOARD TREASURER
Trustee or director
1$0
KERRY ROSEBOARD MEMBER
Trustee or director
1$0
VALENTINO MURPHYVICE CHAIRPERSON
Trustee or director
1$0
AUDREY BARNETTBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7789 SOUTHWEST FWY STE 175, HOUSTON, TX 77074-1831
In care of
% ROBYN OLIVE
Principal officer (990 for 2025)
Thomas Rogers, 7789 Southwest Freeway, Suite 175, Houston, TX 77074
Signed the 990
Robyn Olive, Executive Vice President
Phone
(713) 778-6300

Mission

OUR MISSION IS TO GROW THE FINANCIAL HEALTH OF OUR MEMBERS AND THEIR FAMILIES FOR YEARS TO COME, STARTING WITH HOW WE CAN HELP THEM TODAY.

990 for the year ended December 31, 2025

Program accomplishments

  • SHARE ACCOUNT: CREDIT UNION'S SHARE ACCOUNT OFFER ADVANTAGES TO MEMBERS OF ALL AGES, CREDIT UNION HAD 9,902 MEMBERS AS OF DECEMBER 31, 2025. MEMBERS SAVINGS ACCOUNT PAY MONTHLY DIVIDENDS. MEMBERS CAN USE THE HOME BANKING AND MOBILE BANKING TO CHECK THEIR ACCOUNTS.THE BRANCH NETWORK AND ATM'S ARE WORLDWIDE. SPECIAL ACCOUNT FOR MINORS TO ENCOURAGE CONSISTENT SAVINGS HABITS. MEMBERS CAN JOIN CHRISTMAS AND VACATION CLUB ACCOUNTS.
    Expenses $2,827,312 · revenue $506,358
  • CHECKING ACCOUNT: CREDIT UNION PROVIDES CHECKING ACCOUNTS FOR MEMBERS WITH VARIOUS FEATURES FROM FREE CHECKING ACCOUNT TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT PAY MONTHLY. THE CREDIT UNION EXTENDS THESE ACCOUNTS TO ALL THE MEMBERS WITH FREE DEBIT CARD, ONLINE BANKING ACCESS, MOBILE APP, FREE REMOTE DEPOSIT AND BILL PAY SERVICES.
    Expenses $297,503 · revenue $628,303
  • LOAN: CREDIT UNION HAS PROVIDED VEHICLE LOANS SINCE ITS EARLY YEARS. OTHER PRODUCT LINES NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RECREATIONAL VEHICLES, BOAT AND MOTORCYCLES. MEMBERS CAN HAVE PAYMENT PROTECTION AVAILABLE ON ANY OF THESE LOAN TYPES.
    Expenses $1,171,503 · revenue $4,564,575
  • Information technology, marketing , compensation and benefits
    Expenses $2,267,860 · revenue $630,572

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
74-1240617
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
Assets (IRS master file)
$87,687,672
Income (IRS master file)
$6,329,807

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$6,476,716$6,077,536$94,569,265IRS
990December 2022$6,273,128$5,356,350$94,243,992IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 MEMORIAL CREDIT UNION

What is the EIN of MEMORIAL CREDIT UNION?
The employer identification number (EIN) of MEMORIAL CREDIT UNION is 74-1240617.
Is MEMORIAL CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
Are donations to MEMORIAL CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MEMORIAL 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 MEMORIAL 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 MEMORIAL 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 MEMORIAL CREDIT UNION?
The 990 for the year ended December 31, 2025 names Thomas Rogers.
Who are the officers and directors of MEMORIAL CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 11 people; 4 received compensation from the organization, the highest $201,775 (THOMAS ROGERS, CEO).
How much revenue does MEMORIAL CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $6,329,807, expenses of $6,564,177 and total assets of $87,687,672 at year end.

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