Nonprofit · EIN 75-0730775
INTERCORP CREDIT UNION
Tax-exempt · AMARILLO, TX 79102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $317,406 | $353,283 | -$35,877 | $4,249,372 | $3,475,864 | $773,508 |
| December 31, 2024 | 990 | $342,386 | $336,885 | $5,501 | $4,297,729 | $3,488,344 | $809,385 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $269,813
- Investment income
- $47,593
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $79,080
- Other salaries and wages
- $48,000
- Salaries, compensation and benefits (total)
- $150,684
- Professional fundraising fees
- $0
- Legal fees
- $1,897
- Accounting fees
- $6,540
- Occupancy
- $19,251
- Depreciation
- $11,807
- Program services (functional)
- $353,283
Balance sheet and other
- Total assets, start of year
- $4,297,729
- Total assets, end of year
- $4,249,372
- Total liabilities, end of year
- $3,475,864
- Net assets, end of year
- $773,508
- Land, buildings and equipment
- $100,446
- Gross receipts
- $317,406
- Employees
- 2
- Volunteers
- 7
- Year formed
- 1941
- 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 |
|---|---|---|---|
| Karen Allison | CEO Officer, Key employee | 40 | $79,080 |
| Mike Culp | Chairman Trustee or director, Officer | 1 | $0 |
| James Brewer | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Cal Brannon | Treasurer Trustee or director, Officer | 1 | $0 |
| Lorita Bishop | Secretary Trustee or director, Officer | 1 | $0 |
| Kenneth Hunter | Director Trustee or director | 1 | $0 |
| Wayne Elliston | Director Trustee or director | 1 | $0 |
| Glen Dwyer | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karen Allison | CEO Officer, Key employee | 40 | $76,960 |
| Mike Culp | Chairman Trustee or director, Officer | 1 | $0 |
| James Brewer | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Cal Brannon | Treasurer Trustee or director, Officer | 1 | $0 |
| Lorita Bishop | Secretary Trustee or director, Officer | 1 | $0 |
| Kenneth Hunter | Director Trustee or director | 1 | $0 |
| Wayne Ellison | Director Trustee or director | 1 | $0 |
| Glen Dwyer | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 SW 15TH AVE, AMARILLO, TX 79102-2611
- Principal officer (990 for 2025)
- Karen Allison, 1100 SW 15th, Amarillo, TX 79102
- Signed the 990
- Karen Allison, CEO
- Phone
- (806) 372-7792
- Return prepared by
- Greg R Schmidt CPA
Mission
Provide financial services to its members at competitive prices
Program accomplishments
- Provide financial services to members
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
- 75-0730775
- 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)
- $4,249,372
- Income (IRS master file)
- $317,406
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $312,226 | $304,103 | $4,327,737 | IRS |
| 990 | December 2022 | $278,674 | $263,810 | $4,486,197 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about INTERCORP CREDIT UNION
- What is the EIN of INTERCORP CREDIT UNION?
- The employer identification number (EIN) of INTERCORP CREDIT UNION is 75-0730775.
- Is INTERCORP CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to INTERCORP CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INTERCORP 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 INTERCORP 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 INTERCORP 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 INTERCORP CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Karen Allison.
- Who are the officers and directors of INTERCORP CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $79,080 (Karen Allison, CEO).
- How much revenue does INTERCORP CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $317,406, expenses of $353,283 and total assets of $4,249,372 at year end.
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