Nonprofit · EIN 75-0778427
FIRST PRIORITY CREDIT UNION
Tax-exempt · ABILENE, TX 79605
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,117,367 | $824,992 | $292,375 | $21,550,500 | $19,008,707 | $2,541,793 |
| December 31, 2024 | 990 | $1,086,536 | $772,097 | $314,439 | $19,764,231 | $17,514,813 | $2,249,418 |
| December 31, 2023 | 990 | $942,857 | $723,966 | $218,891 | $20,898,324 | $18,963,345 | $1,934,979 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $593,506
- Investment income
- $523,861
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $191,195
- Salaries, compensation and benefits (total)
- $230,125
- Professional fundraising fees
- $0
- Accounting fees
- $13,867
- Occupancy
- $41,927
Balance sheet and other
- Total assets, start of year
- $19,764,231
- Total assets, end of year
- $21,550,500
- Total liabilities, end of year
- $19,008,707
- Net assets, end of year
- $2,541,793
- Land, buildings and equipment
- $266,476
- Gross receipts
- $1,117,367
- Employees
- 4
- Volunteers
- 9
- Year formed
- 1930
- 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 |
|---|---|---|---|
| PHIL FORREST | Director Trustee or director | 1 | $0 |
| JESSIE FICKEL | Director Trustee or director | 1 | $0 |
| STEVEN WILLIAMSON | Chairman Trustee or director, Officer | 1 | $0 |
| VAN LIGON | Director Trustee or director | 1 | $0 |
| ERIC MYERS | Director Trustee or director | 1 | $0 |
| JOYCE KIMZEY | Vice Chairman Trustee or director, Officer | 1 | $0 |
| JULIE ALLBRIGHT | Director Trustee or director | 1 | $0 |
| TONY LEET | Secretary Trustee or director, Officer | 1 | $0 |
| JON HOLDREN | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHIL FORREST | Director Trustee or director | 1 | $0 |
| DAVID MASSEY | Chairman Trustee or director, Officer | 1 | $0 |
| STEVEN WILLIAMSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JO MCWHORTER | Director Trustee or director | 1 | $0 |
| ERIC MYERS | Director Trustee or director | 1 | $0 |
| JOYCE KIMZEY | Director Trustee or director | 1 | $0 |
| CAROLYN DAVIS | Director Trustee or director | 1 | $0 |
| TONY LEET | Secretary Trustee or director, Officer | 1 | $0 |
| JON HOLDREN | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHIL FORREST | Director Trustee or director | 1 | $0 |
| DAVID MASSEY | Chairman Trustee or director, Officer | 1 | $0 |
| STEVEN WILLIAMSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JO MCWHORTER | Director Trustee or director | 1 | $0 |
| JOYCE KIMZEY | Director Trustee or director | 1 | $0 |
| CAROLYN DAVIS | Director Trustee or director | 1 | $0 |
| PAULA KINSEY | Director Trustee or director | 1 | $0 |
| TONY LEET | Secretary Trustee or director, Officer | 1 | $0 |
| JON HOLDREN | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3165 S 27TH ST, ABILENE, TX 79605-6247
- Signed the 990
- CATHY HIGGINS, CEO
- Phone
- (325) 692-4089
- Return prepared by
- RAM CPA PLLC
Mission
COOPERATIVE PROVIDER OF CREDIT UNION SERVICES SUCH AS SAVINGS ACCOUNTS AND CONSUMER LOANS
Program accomplishments
- SHARE ACCOUNTS - MEMBER SHARE ACCOUNTS PAY DIVIDENDS QUARTERLY
- SHARE CERTIFICATES
- CONSUMER LOANS - THE CREDIT UNION PROVIDES LOANS FOR AUTOS, MOTORCYCLES, SHARE SECURED AND UNSECURED LOANS
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
- 75-0778427
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- 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)
- $21,550,500
- Income (IRS master file)
- $1,117,367
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,117,367 | $824,992 | $21,550,500 | IRS |
| 990 | December 2024 | $1,086,536 | $772,097 | $19,764,231 | IRS |
| 990 | December 2023 | $942,857 | $723,966 | $20,898,324 | XML |
| 990 | December 2022 | $640,069 | $569,797 | $20,660,144 | 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 75-0778427).
Questions about FIRST PRIORITY CREDIT UNION
- What is the EIN of FIRST PRIORITY CREDIT UNION?
- The employer identification number (EIN) of FIRST PRIORITY CREDIT UNION is 75-0778427.
- Is FIRST PRIORITY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Which annual return does FIRST PRIORITY 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 FIRST PRIORITY 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 FIRST PRIORITY 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 are the officers and directors of FIRST PRIORITY CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FIRST PRIORITY CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,117,367, expenses of $824,992 and total assets of $21,550,500 at year end.
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