Nonprofit · EIN 74-1272799
HIGHWAY DISTRICT 9 CREDIT UNION
Tax-exempt · WACO, TX 76701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $237,390 | $176,623 | $60,767 | $4,093,802 | $36,747 | $4,057,055 |
| December 31, 2024 | 990 | $220,020 | $215,735 | $4,285 | $4,096,992 | $33,109 | $4,063,883 |
| December 31, 2023 | 990 | $192,094 | $175,560 | $16,534 | $4,550,335 | $26,909 | $4,523,426 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $150,116
- Investment income
- $87,274
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $82,548
- Professional fundraising fees
- $0
- Occupancy
- $11,765
- Depreciation
- $20,500
- Program services (functional)
- $176,623
Balance sheet and other
- Total assets, start of year
- $4,096,992
- Total assets, end of year
- $4,093,802
- Total liabilities, end of year
- $36,747
- Net assets, end of year
- $4,057,055
- Land, buildings and equipment
- $62,505
- Gross receipts
- $237,390
- Employees
- 2
- Volunteers
- 5
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Swinson III | Vice-Chair Trustee or director | 1 | $0 |
| Charlie Phillips | Board of Directors Trustee or director | 1 | $0 |
| Eric Olivas | Board of Directors Trustee or director | 1 | $0 |
| Katherine Powledge | Secretary/Treasurer Trustee or director | 1 | $0 |
| Adam Sutton | Board of Directors Trustee or director | 1 | $0 |
| Rachel Reavis | President/Manager Highest-paid employee | 30 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rachel Reavis | President/Manager Highest-paid employee | 30 | $48,087 |
| Janis Guest | Chair Trustee or director | 1 | $0 |
| David Swinson III | Vice-Chair Trustee or director | 1 | $0 |
| Charlie Phillips | Board of Directors Trustee or director | 1 | $0 |
| Eric Olivas | Board of Directors Trustee or director | 1 | $0 |
| Katherine Powledge | Secretary/Treasurer Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Rachel Reavis | President/Manager Highest-paid employee | 30 | $46,658 | $46,658 |
| Janis Guest | Chair Trustee or director | 1 | $0 | $0 |
| David Swinson III | Vice-Chair Trustee or director | 1 | $0 | $0 |
| Charlie Phillips | Board of Directors Trustee or director | 1 | $0 | $0 |
| Eric Olivas | Board of Directors Trustee or director | 1 | $0 | $0 |
| Katherine Powledge | Secretary/Treasurer Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2417 COLUMBUS AVE, WACO, TX 76701-1008
- Principal officer (990 for 2025)
- Rachel Reavis, 2417 Columbus Avenue, Waco, TX 76701
- Signed the 990
- Rachel Reavis, Manager
- Phone
- (254) 756-6331
- Website
- https://www.hwydist9.com
Mission
Highway District 9 Credit Union is a State-Chartered Credit Union formed under state credit union law, and is a member-owned cooperative that provides traditional deposit and loan products, as well as other financial services to its membership. The credit union's focus is to improve the economic well-being of our member-owners.
Program accomplishments
- Loans: The credit union provides loans in several categories. The offerings include consumer automobile loans, unsecured loans, share loans, and residential mortgage loans. As part of the loan program, the credit union also offers loan-related insurance products such as Single Premium Disability.Expenses $176,623
- Share Savings: The credit union offers savings accounts. These accounts pay dividends semi-annually.
- Check cashing and other teller-related services.
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
- 74-1272799
- 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)
- $4,093,802
- Income (IRS master file)
- $237,390
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $237,390 | $176,623 | $4,093,802 | IRS |
| 990 | December 2024 | $220,020 | $215,735 | $4,096,992 | IRS |
| 990 | December 2023 | $192,094 | $175,560 | $4,550,335 | XML |
| 990 | December 2022 | $142,648 | $149,463 | $4,791,328 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 74-1272799).
Questions about HIGHWAY DISTRICT 9 CREDIT UNION
- What is the EIN of HIGHWAY DISTRICT 9 CREDIT UNION?
- The employer identification number (EIN) of HIGHWAY DISTRICT 9 CREDIT UNION is 74-1272799.
- Is HIGHWAY DISTRICT 9 CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to HIGHWAY DISTRICT 9 CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HIGHWAY DISTRICT 9 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 HIGHWAY DISTRICT 9 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 HIGHWAY DISTRICT 9 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 HIGHWAY DISTRICT 9 CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Rachel Reavis.
- Who are the officers and directors of HIGHWAY DISTRICT 9 CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does HIGHWAY DISTRICT 9 CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $237,390, expenses of $176,623 and total assets of $4,093,802 at year end.
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