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Nonprofit · EIN 75-0297300

LIBERTYONE CREDIT UNION

Tax-exempt · ARLINGTON, TX 76006

Financials

$7.2M$6.9M2023$8.7M$8.5M2024$9.7M$9.2M2025
Revenue Expenses · by fiscal year end
Financials of LIBERTYONE CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$9,696,676$9,220,024$476,652$176,613,198$158,175,042$18,438,156
December 31, 2024990$8,727,525$8,536,376$191,149$172,389,038$155,293,007$17,096,031
December 31, 2023990$7,167,751$6,942,756$224,995$165,999,868$150,072,848$15,927,020
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,557,154
Investment income
$1,139,522
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$603,099
Other salaries and wages
$1,389,570
Salaries, compensation and benefits (total)
$2,629,737
Professional fundraising fees
$0
Legal fees
$40,530
Accounting fees
$38,497
Occupancy
$122,709
Travel
$60,270
Depreciation
$24,240
Program services (functional)
$9,220,024

Balance sheet and other

Total assets, start of year
$172,389,038
Total assets, end of year
$176,613,198
Total liabilities, end of year
$158,175,042
Net assets, end of year
$18,438,156
Land, buildings and equipment
$36,846
Gross unrelated business income
$21,150
Gross receipts
$9,696,676
Employees
29
Volunteers
9
Year formed
1935
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.

NameTitleHours / weekCompensation
MIKE FUNKPRESIDENT
Officer, Key employee, Highest-paid employee
40$304,453
KIM PURINTUNVP OF EXECUTIVE OPERATIONS
Key employee
40$166,196
BRAD FERGUSONVP OF MEMBER SERVICES
Key employee
40$132,450
DON RAWECHAIRMAN
Trustee or director, Officer
1$0
STEVE HAMMONDSVICE CHAIR
Trustee or director, Officer
1$0
CHARLES RAMIREZTREASURER
Trustee or director, Officer
1$0
LINDA KUNZESECRETARY
Trustee or director, Officer
1$0
JACQUELINE DIXONDIRECTOR
Trustee or director
1$0
DAVID WILLIAMSONDIRECTOR
Trustee or director
1$0
CALVIN SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
MIKE FUNKPRESIDENT
Officer, Key employee, Highest-paid employee
40$289,611
KIM PURINTUNVP OF EXECUTIVE OPERATIONS
Key employee
40$137,580
BRAD FERGUSONVP OF MEMBER SERVICES
Key employee
40$130,524
CHARLES RAMIREZCHAIRMAN
Trustee or director, Officer
1$0
DON RAWEVICE CHAIR
Trustee or director, Officer
1$0
STEVE HAMMONDSTREASURER
Trustee or director, Officer
1$0
LINDA KUNZESECRETARY
Trustee or director, Officer
1$0
JACQUELINE DIXONDIRECTOR
Trustee or director
1$0
DAVID WILLIAMSONDIRECTOR
Trustee or director
1$0
CALVIN SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
MIKE FUNKPRESIDENT
Officer, Key employee, Highest-paid employee
40$290,101
KIM PURINTUNVP OF EXECUTIVE OPERATIONS
Key employee
40$141,568
BRAD FERGUSONVP OF MEMBER SERVICES
Key employee
40$132,178
CHARLES RAMIREZCHAIRMAN
Trustee or director, Officer
1$0
DON RAWEVICE CHAIR
Trustee or director, Officer
1$0
STEVE HAMMONDSTREASURER
Trustee or director, Officer
1$0
LINDA KUNZESECRETARY
Trustee or director, Officer
1$0
JACQUELINE DIXONDIRECTOR
Trustee or director
1$0
DAVID WILLIAMSONDIRECTOR
Trustee or director
1$0
CALVIN SMITHDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2221 E LAMAR BLVD STE 110, ARLINGTON, TX 76006-7414
Principal officer (990 for 2025)
MIKE FUNK, 2221 E LAMAR BLVD, ARLINGTON, TX 76006
Signed the 990
MIKE FUNK, PRESIDENT/CEO
Phone
(214) 413-5588
Return prepared by
Greg R Schmidt CPA

Mission

LIERTY ONE SEEKS TO BE OUR MEMBERS PRIMARY FINANCIAL INSTITUTION

990 for the year ended December 31, 2025

Program accomplishments

  • LIBERTYONE CREDIT UNION PROVIDES AUTOMOBILE LOANS TO ITS MEMBERS AND WE STRIVE TO KEEP OUR RATES LOWER THAN BANKS OR OTHER FINANCIAL INSTITUTIONS. AS OF DECEMBER 31, 2017 THE CREDIT UNION HAD 8,497 MEMBERS, WITH A TOTAL OF 2,708 AUTO LOANS, CARRYING AN OUTSTANDING BALANCE OF $46,629,528.
  • LIBERTYONE CREDIT UNION PROVIDES 1ST MORTGAGES TO ITS MEMBERS THROUGH A THIRD PARTY SEVICE PROVIDER. HOWVER, WE TAKE .25% OFF THE QUOTED RATE IN AN EFFORT TO HELP OUR MEMBERS. AS OF DECEMBER 31, 2017 THE CREDIT UNION HAD 123 1ST MORTGAGES WITH AN OUTSTANDING BALANCE OF $14,872,633.
  • LIBERTYONE CREDIT UNION PROVIDES CERTIFICATES OF DEPOSITS TO ITS MEMBERS AT HIGHER THAN MARKET RATES. AS OF DECEMBER 31, 2017 THE CREDIT UNION HAD 1,279 CERTIFICATES OF DEPOSIT WITH A CARRYING BALANCE OF $39,165,885.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-0297300
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)
$176,613,198
Income (IRS master file)
$9,696,676

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$9,696,676$9,220,024$176,613,198IRS
990December 2024$8,727,525$8,536,376$172,389,038IRS
990December 2023$7,167,751$6,942,756$165,999,868XML
990December 2022$6,305,907$5,152,583$165,630,553IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 75-0297300).

Questions about LIBERTYONE CREDIT UNION

What is the EIN of LIBERTYONE CREDIT UNION?
The employer identification number (EIN) of LIBERTYONE CREDIT UNION is 75-0297300.
Is LIBERTYONE CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
Are donations to LIBERTYONE CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LIBERTYONE 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 LIBERTYONE 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 LIBERTYONE 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 LIBERTYONE CREDIT UNION?
The 990 for the year ended December 31, 2025 names MIKE FUNK.
Who are the officers and directors of LIBERTYONE CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 10 people; 3 received compensation from the organization, the highest $304,453 (MIKE FUNK, PRESIDENT).
How much revenue does LIBERTYONE CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $9,696,676, expenses of $9,220,024 and total assets of $176,613,198 at year end.

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