Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-6054885

CAPITOL CREDIT UNION

Tax-exempt · AUSTIN, TX 78708

Financials

$10.1M$9.3M2023$12M$11.3M2024
Revenue Expenses · by fiscal year end
Financials of CAPITOL CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,049,549$11,287,502$762,047$218,553,127$194,310,102$24,243,025
December 31, 2023990$10,144,109$9,289,864$854,245$213,925,831$190,475,521$23,450,310
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,379,396
Investment income
$1,670,153
Net gain from sales of assets
-$78,183
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$2,020,609
Other salaries and wages
$3,698,723
Salaries, compensation and benefits (total)
$4,356,237
Professional fundraising fees
$0
Legal fees
$50,541
Accounting fees
$76,025
Occupancy
$450,993
Travel
$43,823
Depreciation
$298,479

Balance sheet and other

Total assets, start of year
$213,925,831
Total assets, end of year
$218,553,127
Total liabilities, end of year
$194,310,102
Net assets, end of year
$24,243,025
Land, buildings and equipment
$8,930,897
Gross unrelated business income
$245,560
Gross receipts
$12,127,732
Employees
60
Volunteers
11
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PIERRE CARDENASCEO
Officer
40$279,000$16,272
BRENNAN DANIELSCFO
Officer
40$171,840$21,342
LISA MALESKYCOO
Officer
40$167,728$10,861
PAUL GARCIACIO
Officer
40$163,475$7,533
MARTIN FOGARTYVP LENDING & REMOTE SERVIC
Highest-paid employee
40$116,638$9,846
JAIME LYNNVICE CHAIR
Trustee or director, Officer
1$0$0
MICHAEL JONESBOARD CHAIR
Trustee or director, Officer
1$0$0
MIKE WARNERDIRECTOR
Trustee or director, Officer
1$0$0
KARIM HIRANITREASURER
Trustee or director, Officer
1$0$0
BECKKI LAMMERTDIRECTOR
Trustee or director
1$0$0
WAYNE HAMILTONDIRECTOR
Trustee or director
1$0$0
DIANA MALDONADODIRECTOR
Trustee or director
1$0$0
NANCY HRINDIRECTOR
Trustee or director
1$0$0
COLIN PARRISHDIRECTOR
Trustee or director
1$0$0
KELLY EVANSDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
GREGORY WHITEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
PIERRE CARDENASCEO
Officer
40$295,133$16,779
BRENNAN DANIELSCFO
Officer
40$149,820$20,736
PAUL GARCIACIO
Officer
40$158,091$8,787
LISA MALESKYCOO
Officer
40$147,545$16,974
MARTIN FOGARTYVP LENDING & REMOTE SERVICES
Highest-paid employee
40$110,067$9,531
JAIME LYNNVICE CHAIR
Trustee or director, Officer
1$0$0
MICHAEL JONESBOARD CHAIR
Trustee or director, Officer
1$0$0
MIKE WARNERDIRECTOR
Trustee or director, Officer
1$0$0
KARIM HIRANITREASURER
Trustee or director, Officer
1$0$0
BECKKI LAMMERTDIRECTOR
Trustee or director
1$0$0
WAYNE HAMILTONDIRECTOR
Trustee or director
1$0$0
DIANA MALDONADODIRECTOR
Trustee or director
1$0$0
NANCY HRINDIRECTOR
Trustee or director
1$0$0
COLIN PARRISHDIRECTOR
Trustee or director
1$0$0
KELLY EVANSDIRECTOR
Trustee or director
1$0$0
GREGORY WHITEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 81647, AUSTIN, TX 78708-1647
Principal officer (990 for 2024)
PIERRE CARDENAS, PO BOX 81647, AUSTIN, TX 78708
Signed the 990
PIERRE CARDENAS, CEO
Phone
(512) 477-9465
Return prepared by
EIDE BAILLY LLP

Mission

CAPITOL CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS AND IS OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND PROVIDING CREDIT AND OTHER FINANCIAL SERVICES TO ITS MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • CAPITOL CREDIT UNION PROVIDES A WIDE RANGE OF SECURED AND UNSECURED LOANS TO ITS MEMBERS FOR CONSUMABLE ITEMS, SUCH AS AUTOS, BOATS, MOTORCYCLES, RVS, HOME EQUITY LOANS AND LINE-OF-CREDITS, SIGNATURE LOANS AND LINE-OF-CREDITS AND SHARE OR SHARE CERTIFICATE.
  • CAPITOL CREDIT UNION OFFERS MONEY MARKET ACCOUNTS TO ITS MEMBERS. IT PAYS A HIGHER DIVIDEND THAN A TYPICAL SAVINGS OR DEMAND ACCOUNT IF THE MINIMUM AVERAGE MONTHLY BALANCE REQUIREMENT IS MET, BUT WITH THE CAPABILITY OF WRITING A LIMITED NUMBER OF CHECKS.
  • CAPITOL CREDIT UNION OFFERS CERTIFICATES OF DEPOSIT TO ITS MEMBERS WITH VARYING TERMS AND RATES. THESE INSTRUMENTS ALLOW OUR MEMBERS A SAVINGS ALTERNATIVE THAT PAYS HIGHER DIVIDENDS THAN A TYPICAL SAVINGS OR DEMAND ACCOUNT, BUT WITH NO MARKET RISK EXPOSURE.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-6054885
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)
$218,553,127
Income (IRS master file)
$12,127,732

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,049,549$11,287,502$218,553,127IRS
990December 2023$10,144,109$9,289,864$213,925,831XML
990December 2022$9,538,813$7,861,224$213,093,379IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 74-6054885).

Questions about CAPITOL CREDIT UNION

What is the EIN of CAPITOL CREDIT UNION?
The employer identification number (EIN) of CAPITOL CREDIT UNION is 74-6054885.
Is CAPITOL CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
Are donations to CAPITOL CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CAPITOL 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 CAPITOL CREDIT UNION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPITOL CREDIT UNION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAPITOL CREDIT UNION?
The 990 for the year ended December 31, 2024 names PIERRE CARDENAS.
Who are the officers and directors of CAPITOL CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 16 people; 5 received compensation from the organization, the highest $279,000 (PIERRE CARDENAS, CEO).
How much revenue does CAPITOL CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,049,549, expenses of $11,287,502 and total assets of $218,553,127 at year end.

Other nonprofits in AUSTIN

All nonprofits in AUSTIN · Texas