Nonprofit · EIN 74-6057015
MATAGORDA COUNTY CREDIT UNION
Tax-exempt · BAY CITY, TX 77414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,834,094 | $1,149,332 | $684,762 | $35,724,790 | $29,708,905 | $6,015,885 |
| December 31, 2024 | 990 | $1,749,962 | $1,101,714 | $648,248 | $34,265,867 | $28,934,744 | $5,331,123 |
| December 31, 2023 | 990 | $1,427,676 | $918,177 | $509,499 | $34,446,878 | $29,764,003 | $4,682,875 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,105,185
- Investment income
- $728,909
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,840
- Other salaries and wages
- $214,620
- Salaries, compensation and benefits (total)
- $366,840
- Professional fundraising fees
- $0
- Accounting fees
- $11,788
- Occupancy
- $78,875
- Travel
- $1,802
- Depreciation
- $34,144
- Program services (functional)
- $1,149,332
Balance sheet and other
- Total assets, start of year
- $34,265,867
- Total assets, end of year
- $35,724,790
- Total liabilities, end of year
- $29,708,905
- Net assets, end of year
- $6,015,885
- Land, buildings and equipment
- $230,242
- Gross unrelated business income
- $24,164
- Gross receipts
- $1,834,094
- Employees
- 8
- Volunteers
- 0
- Year formed
- 1961
- 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 |
|---|---|---|---|
| MINDY NEEL | PRESIDENT /CEO Key employee, Highest-paid employee | 40 | $72,840 |
| ROBERT REED | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| RICHARD MORALES | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| KRISTI CHAMPION | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MARIA ENOCH | TREASURER Trustee or director, Officer | 0.5 | $0 |
| CAROL BUTLER | MEMBER Trustee or director | 0.5 | $0 |
| COLE CASHION | MEMBER Trustee or director | 0.5 | $0 |
| STEPHEN CROW | MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MINDY NEEL | PRESIDENT /CEO Key employee, Highest-paid employee | 40 | $61,310 |
| ROBERT REED | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| RICHARD MORALES | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| KRISTI CHAMPION | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MARIA ENOCH | TREASURER Trustee or director, Officer | 0.5 | $0 |
| CAROL BUTLER | MEMBER Trustee or director | 0.5 | $0 |
| COLE CASHION | MEMBER Trustee or director | 0.5 | $0 |
| STEPHEN CROW | MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MINDY NEEL | PRESIDENT /CEO Key employee, Highest-paid employee | 40 | $57,960 |
| ROBERT REED | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| RICHARD MORALES | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| KRISTI CHAMPION | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MARIA ENOCH | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ELLLEN DODD | MEMBER Trustee or director | 0.5 | $0 |
| JEANNETTE BELL | MEMBER Trustee or director | 0.5 | $0 |
| CAROL BUTLER | MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3700 AVENUE F, BAY CITY, TX 77414-7606
- Principal officer (990 for 2025)
- MINDY NEEL, 3700 ANENUE F, BAY CITY, TX 77414
- Signed the 990
- MINDY NEEL, PRESIDENT
- Phone
- (979) 245-8674
- Return prepared by
- Greg R Schmidt CPA
Mission
MATAGORDA COUNTY CREDIT UNION WAS ORGANIZED TO PROVIDE FINANCIAL SERVICES TO ITS MEMBERS AT COMPETITIVE RATES
Program accomplishments
- MATAGORDA COUNTY CREDIT UNION OFFERS MANY TYPES OF LOAN PRODUCTS AT COMPETITIVE RATES
- MATAGORDA COUNTY CREDIT UNION OFFERS MANY TYPES OF SAVINGS PRODUCTS AT COMPETITIVE RATES
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
- 74-6057015
- 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)
- $35,724,790
- Income (IRS master file)
- $1,834,094
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,834,094 | $1,149,332 | $35,724,790 | XML |
| 990 | December 2024 | $1,749,962 | $1,101,714 | $34,265,867 | XML |
| 990 | December 2023 | $1,427,676 | $918,177 | $34,446,878 | XML |
| 990 | December 2022 | $1,168,158 | $896,585 | $35,268,787 | 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 74-6057015).
Questions about MATAGORDA COUNTY CREDIT UNION
- What is the EIN of MATAGORDA COUNTY CREDIT UNION?
- The employer identification number (EIN) of MATAGORDA COUNTY CREDIT UNION is 74-6057015.
- Is MATAGORDA COUNTY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to MATAGORDA COUNTY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MATAGORDA COUNTY 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 MATAGORDA COUNTY 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 MATAGORDA COUNTY 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 MATAGORDA COUNTY CREDIT UNION?
- The 990 for the year ended December 31, 2025 names MINDY NEEL.
- Who are the officers and directors of MATAGORDA COUNTY CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $72,840 (MINDY NEEL, PRESIDENT /CEO).
- How much revenue does MATAGORDA COUNTY CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,834,094, expenses of $1,149,332 and total assets of $35,724,790 at year end.
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- BAY CITY COUNTRY CLUB EIN 74-0502776 · last filed 990 for 2025
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