Nonprofit · EIN 74-1325622
INVESTEX CREDIT UNION
Tax-exempt · HUMBLE, TX 77338
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $13,746,430 | $13,094,159 | $652,271 | $239,588,336 | -$734,516 | $240,322,852 |
| December 31, 2024 | 990 | $12,980,783 | $12,841,149 | $139,634 | $235,660,899 | $1,006,767 | $234,654,132 |
| December 31, 2023 | 990 | $12,245,306 | $11,217,244 | $1,028,062 | $236,673,209 | $748,501 | $235,924,708 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $11,957,824
- Investment income
- $1,788,606
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,738,161
- Compensation of officers, directors and key employees
- $1,464,410
- Other salaries and wages
- $2,928,392
- Salaries, compensation and benefits (total)
- $5,370,480
- Professional fundraising fees
- $0
- Legal fees
- $17,198
- Accounting fees
- $41,000
- Occupancy
- $921,152
- Travel
- $81,500
- Depreciation
- $261,054
Balance sheet and other
- Total assets, start of year
- $235,660,899
- Total assets, end of year
- $239,588,336
- Total liabilities, end of year
- -$734,516
- Net assets, end of year
- $240,322,852
- Land, buildings and equipment
- $8,569,756
- Gross receipts
- $13,746,430
- Employees
- 66
- Volunteers
- 9
- Year formed
- 1952
- 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 |
|---|---|---|---|
| Keith Kearney | CEO/President Officer | 40 | $511,574 |
| Kelly Payne | Senior Vice President Human Resources Officer | 40 | $181,916 |
| John Tomson | Executive Vice President Officer | 40 | $166,257 |
| Rene Paredez | Vice President Accounting Officer | 40 | $149,970 |
| David Durham | Vice President Branch Administration Officer | 40 | $148,378 |
| Matthew Spisak | Senior Vice President Lending & Branch Administration Officer | 40 | $142,543 |
| Jana Gonzales | Vice President Business Development Officer | 40 | $136,022 |
| Allan Griffin | Board Member Trustee or director | 5 | $3,000 |
| Robert Williams | Board Member Trustee or director | 5 | $3,000 |
| Dorothea Pickens | Board Member Trustee or director | 5 | $3,000 |
| Phyllis Kennedy | Board Member Trustee or director | 5 | $3,000 |
| William Lakin Jr | Board Member Trustee or director | 5 | $3,000 |
| Stephen Havemann | Board Member Trustee or director | 5 | $3,000 |
| Cathy Parachos | Chairperson of the Board Trustee or director | 5 | $2,750 |
| Teresa Dossman | Board Member Trustee or director | 5 | $2,750 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dan Calvert | Board Member Trustee or director | 5 | $2,250 |
| Jennifer Duffer | Advisory Committee Trustee or director | 5 | $1,000 |
| Billy Beattie | Advisory Committee Trustee or director | 5 | $1,000 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Keith Kearney | CEO/President Officer | 40 | $468,425 |
| Kelly Payne | Senior Vice President Human Resources Officer | 40 | $155,475 |
| John Tomson | Senior Vice President Information Technology Officer | 40 | $146,923 |
| David Durham | Vice President Branch Administration Officer | 40 | $140,134 |
| Rene Paredez | Vice President Accounting Officer | 40 | $136,984 |
| Matthew Spisak | Vice President Lending & Branch Administration Officer | 40 | $128,486 |
| Rick Sulfridge | Vice President Collections and Facilities Officer | 40 | $128,037 |
| Jana Gonzales | Vice President Business Development Officer | 40 | $122,560 |
| Cathy Parachos | Chairperson of the Board Trustee or director | 5 | $3,000 |
| Allan Griffin | Board Member Trustee or director | 5 | $3,000 |
| Dorothea Pickens | Board Member Trustee or director | 5 | $3,000 |
| Phyllis Kennedy | Board Member Trustee or director | 5 | $3,000 |
| William Lakin Jr | Board Member Trustee or director | 5 | $3,000 |
| Teresa Dossman | Board Member Trustee or director | 5 | $3,000 |
| Robert Williams | Board Member Trustee or director | 5 | $3,000 |
| Stephen Havemann | Board Member Trustee or director | 5 | $3,000 |
| Dan Calvert | Board Member Trustee or director | 5 | $2,750 |
| Jennifer Duffer | Advisory Committee Trustee or director | 5 | $1,100 |
| Billy Beattie | Advisory Committee Trustee or director | 5 | $1,100 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Keith Kearney | CEO/President Officer | 40 | $343,748 |
| Kelly Payne | Senior Vice President Human Resources Officer | 40 | $148,328 |
| John Tomson | Senior Vice President Information Technology Officer | 40 | $145,932 |
| Rene Paredez | Vice President Accounting Officer | 40 | $130,826 |
| David Durham | Vice President Branch Administration Officer | 40 | $129,359 |
| Matthew Spisak | Vice President Lending & Branch Administration Officer | 40 | $122,963 |
| Rick Sulfridge | Vice President Collections and Facilities Officer | 40 | $120,983 |
| Jana Gonzales | Vice President Business Development Officer | 40 | $117,472 |
| Allan Griffin | Board Member Trustee or director | 5 | $2,250 |
| Teresa Dossman | Board Member Trustee or director | 5 | $2,250 |
| Dorothea Pickens | Board Member Trustee or director | 5 | $2,250 |
| Phyllis Kennedy | Board Member Trustee or director | 5 | $2,250 |
| William Lakin Jr | Board Member Trustee or director | 5 | $2,250 |
| Cathy Parachos | Chairperson of the Board Trustee or director | 5 | $2,000 |
| Robert Williams | Board Member Trustee or director | 5 | $2,000 |
| Stephen Havemann | Board Member Trustee or director | 5 | $2,000 |
| Dan Calvert | Board Member Trustee or director | 5 | $1,750 |
| Jennifer Duffer | Advisory Committee Trustee or director | 5 | $500 |
| Billy Beattie | Advisory Committee Trustee or director | 5 | $500 |
Address and contacts
- Address (IRS master file)
- 8404 FM 1960 BYPASS W RD, HUMBLE, TX 77338-4012
- Principal officer (990 for 2025)
- Keith Kearney, 8404 Bypass Road West, Humble, TX 77338
- Signed the 990
- RENE PAREDEZ, Vice President Accounting
- Phone
- (281) 449-0109
- Website
- www.investexcu.org
Mission
Investex Credit Union is dedicated to the highest quality service for its members, while maintaining a solid financial foundation. Our core values reflect the strong character of our members and our growing relationship with them.
Program accomplishments
- Voluntary,cooperative,non-profit savings institution(credit union), incorporated under the provisions of the Texas Credit Union Act, for the purpose of encouraging thrift among our members, providing credit at a fair and reasonable rate of interest and providing an opportunity to improve their economic condition.Expenses $13,094,159 · revenue $13,746,430
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
- 74-1325622
- 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)
- $239,588,336
- Income (IRS master file)
- $13,746,430
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $13,746,430 | $13,094,159 | $239,588,336 | IRS |
| 990 | December 2024 | $12,980,783 | $12,841,149 | $235,660,899 | IRS |
| 990 | December 2023 | $12,245,306 | $11,217,244 | $236,673,209 | XML |
| 990 | December 2022 | $11,757,085 | $9,749,893 | $240,942,803 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 74-1325622).
Questions about INVESTEX CREDIT UNION
- What is the EIN of INVESTEX CREDIT UNION?
- The employer identification number (EIN) of INVESTEX CREDIT UNION is 74-1325622.
- Is INVESTEX CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to INVESTEX CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INVESTEX 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 INVESTEX 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 INVESTEX 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 INVESTEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Keith Kearney.
- Who are the officers and directors of INVESTEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 18 people; 18 received compensation from the organization, the highest $511,574 (Keith Kearney, CEO/President).
- How much revenue does INVESTEX CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $13,746,430, expenses of $13,094,159 and total assets of $239,588,336 at year end.
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