Nonprofit · EIN 74-1367995
RIO GRANDE VALLEY CREDIT UNION
Tax-exempt · HARLINGEN, TX 78550
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $9,965,310 | $8,079,286 | $1,886,024 | $175,046,564 | $156,815,000 | $18,231,564 |
| December 31, 2024 | 990 | $9,041,839 | $7,248,152 | $1,793,687 | $155,688,405 | $139,342,865 | $16,345,540 |
| December 31, 2023 | 990 | $7,638,833 | $5,113,482 | $2,525,351 | $150,057,537 | $135,505,684 | $14,551,853 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,848,581
- Investment income
- $3,116,729
- Net gain from sales of assets
- $19,607
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $19,623
- Compensation of officers, directors and key employees
- $207,000
- Other salaries and wages
- $2,298,674
- Salaries, compensation and benefits (total)
- $3,094,506
- Professional fundraising fees
- $0
- Legal fees
- $2,424
- Accounting fees
- $17,640
- Occupancy
- $367,968
- Travel
- $24,050
- Depreciation
- $206,359
Balance sheet and other
- Total assets, start of year
- $155,688,405
- Total assets, end of year
- $175,046,564
- Total liabilities, end of year
- $156,815,000
- Net assets, end of year
- $18,231,564
- Land, buildings and equipment
- $4,106,020
- Gross unrelated business income
- $54,285
- Gross receipts
- $9,989,311
- Employees
- 59
- Volunteers
- 17
- Year formed
- 1954
- 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 | Other / benefits |
|---|---|---|---|---|
| SHERILYN GOAD | CEO Officer | 40 | $164,873 | $42,127 |
| NANCY RENNEKER | EXECUTIVE VP Highest-paid employee | 40 | $107,542 | $25,521 |
| JOYCE BEATTIE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHAD E BENDER | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM COFFMAN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| IMELDA HERNANDEZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID JONES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CARL LEATHERMAN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH MARTINEZ | FORMER BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMMA MCCALL | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE MONTEMAYOR | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ELIZANDRO MUNIZ | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHERILYN GOAD | CEO Officer | 40 | $156,524 | $46,137 |
| NANCY RENNEKER | EXECUTIVE VP Highest-paid employee | 40 | $107,878 | $30,141 |
| JOYCE BEATTIE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHAD E BENDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM COFFMAN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| IMELDA HERNANDEZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID JONES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CARL LEATHERMAN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH MARTINEZ | FORMER BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMMA MCCALL | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE MONTEMAYOR | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ELIZANDRO MUNIZ | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALLYSON MORROW | FORMER CEO Officer | 40 | $139,608 | $28,908 |
| SHERILYN GOAD | CEO Officer | 40 | $111,124 | $25,036 |
| JOYCE BEATTIE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHAD E BENDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM COFFMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| IMELDA HERNANDEZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID JONES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CARL LEATHERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH MARTINEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EMMA MCCALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOE MONTEMAYOR | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1221 MORGAN BLVD, HARLINGEN, TX 78550-5154
- Principal officer (990 for 2025)
- SHERILYN GOAD, 1221 MORGAN BLVD, HARLINGEN, TX 78550
- Signed the 990
- SHERILYN GOAD, CEO
- Phone
- (956) 423-5792
- Website
- WWW.RGVCU.COOP
- Return prepared by
- RSM US LLP
Mission
TO BE THE PRIMARY SOURCE FOR FINANCIAL SERVICES AND FINANCIAL EDUCATION FOR OUR MEMBERS.
Program accomplishments
- CHECKING ACCOUNTS: RIO GRANDE VALLEY (RGV) CREDIT UNION PROVIDES MEMBERS WITH A VARIETY OF CHECKING ACCOUNT TYPES DESIGNED TO FIT THE MEMBERS' NEEDS. FEATURES CAN VARY ANYWHERE FROM FREE CHECKING TO THOSE THAT ARE INTEREST BEARING. DIVIDENDS ARE PAID MONTHLY AND ALL COME WITH FREE INTERNET ACCESS AND BILL PAY SERVICES. MEMBERS ALSO HAVE FREE ACCESS TO ANY ONE OF RGV CREDIT UNION'S ATMS AND CAN FIND A SURCHARGE FREE ATM THROUGH ALLPOINT ON OUR WEBSITE.
- LOANS: RIO GRANDE VALLEY CREDIT UNION PROVIDES MEMBERS WITH AFFORDABLE LOANS FOR THE PURCHASE OF A VEHICLE OR A RECREATIONAL VEHICLE, SUCH AS MOTORCYCLES, BOATS, ETC. CREDIT LIFE AND DISABILITY, GAP AND EXTENDED WARRANTIES ARE ALSO AVAILABLE ON ANY OF THESE PRODUCTS. ALSO, MORTGAGE LOANS ARE AVAILABLE THROUGH A THIRD PARTY PROCESSOR.
- SAVINGS ACCOUNTS: RIO GRANDE VALLEY CREDIT UNION SAVINGS ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. DIVIDENDS ARE PAID OUT QUARTERLY AND MEMBERS CAN ACCESS THEIR ACCOUNTS VIA THE INTERNET, ATM, BY PHONE, OR THROUGH HOME BANKING.
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
- 74-1367995
- 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)
- $175,046,564
- Income (IRS master file)
- $9,989,311
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $9,965,310 | $8,079,286 | $175,046,564 | XML |
| 990 | December 2024 | $9,041,839 | $7,248,152 | $155,688,405 | XML |
| 990 | December 2023 | $7,638,833 | $5,113,482 | $150,057,537 | XML |
| 990 | December 2022 | $5,787,054 | $4,888,464 | $155,717,321 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 74-1367995).
Questions about RIO GRANDE VALLEY CREDIT UNION
- What is the EIN of RIO GRANDE VALLEY CREDIT UNION?
- The employer identification number (EIN) of RIO GRANDE VALLEY CREDIT UNION is 74-1367995.
- Is RIO GRANDE VALLEY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to RIO GRANDE VALLEY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RIO GRANDE VALLEY 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 RIO GRANDE VALLEY 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 RIO GRANDE VALLEY 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 RIO GRANDE VALLEY CREDIT UNION?
- The 990 for the year ended December 31, 2025 names SHERILYN GOAD.
- Who are the officers and directors of RIO GRANDE VALLEY CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $164,873 (SHERILYN GOAD, CEO).
- How much revenue does RIO GRANDE VALLEY CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $9,965,310, expenses of $8,079,286 and total assets of $175,046,564 at year end.
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