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

Nonprofit · EIN 75-0827380

SOUTHWEST HERITAGE CREDIT UNION

Tax-exempt · ODESSA, TX 79765

Financials

$13.8M$11M2023$16.4M$13.5M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHWEST HERITAGE CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$16,437,590$13,480,838$2,956,752$239,848,717$210,429,800$29,418,917
December 31, 2023990$13,841,613$11,043,575$2,798,038$223,216,580$195,842,163$27,374,417
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$14,258,662
Investment income
$1,868,289
Other revenue
$310,639

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$572,021
Other salaries and wages
$3,985,634
Salaries, compensation and benefits (total)
$5,514,027
Professional fundraising fees
$0
Occupancy
$492,872
Travel
$34,922

Balance sheet and other

Total assets, start of year
$223,216,580
Total assets, end of year
$239,848,717
Total liabilities, end of year
$210,429,800
Net assets, end of year
$29,418,917
Land, buildings and equipment
$6,098,706
Gross unrelated business income
$48,935
Gross receipts
$16,437,590
Employees
85
Year formed
1949
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 / weekCompensation
RONNY HAYESC E O40$506,821
VALERIE NEWSOMDIRECTOR
Trustee or director, Officer
1$8,000
EDGAR BAIZA JRCHAIRMAN
Trustee or director, Officer
1$7,200
CATHY GEORGESecretary
Trustee or director, Officer
1$7,000
NEIL DOBMEIERDirector
Trustee or director
1$6,400
DAINA PERKINSADVISORY DIRECT
Trustee or director
1$6,000
CHARLES HUGHESADVISORY DIRECT
Trustee or director
1$5,400
CHARLES COONTreasurer
Trustee or director, Officer
1$5,200
CHRIS GARRETTVICE CHAIRMAN
Trustee or director
1$4,600
MARY HUNTADVISORY DIRECT
Trustee or director
1$4,600
STEWART MCKEEHANDirector
Trustee or director
1$4,000
FRED RAYADVISORY DIRECT
Trustee or director
1$3,600
ROBERT BRESCIAADVISORY DIRECT
Trustee or director
0$3,200
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
RONNY HAYESC E O40$367,783
EDGAR BAIZA JRCHAIRMAN
Trustee or director, Officer
1$8,000
VALERIE NEWSOMDIRECTOR
Trustee or director, Officer
1$7,800
CATHY GEORGESecretary
Trustee or director, Officer
1$7,000
NEIL DOBMEIERDirector
Trustee or director
1$6,800
DAINA PERKINSADVISORY DIRECT
Trustee or director
1$5,700
CHARLES COONTreasurer
Trustee or director, Officer
1$5,400
STEWART MCKEEHANDirector
Trustee or director
1$5,200
ROBERT BRESCIAADVISORY DIRECT
Trustee or director
0$4,200
FRED RAYADVISORY DIRECT
Trustee or director
1$3,900
CHRIS GARRETTVICE CHAIRMAN
Trustee or director
1$3,800
MARY HUNTADVISORY DIRECT
Trustee or director
1$3,750
BARBARA NUNEZADVISORY DIRECT
Trustee or director
1$1,650
CHARLES HUGHESADVISORY DIRECT
Trustee or director
1$900

Address and contacts

Address (IRS master file)
4100 N FAUDREE RD, ODESSA, TX 79765-8511
Signed the 990
EDGAR BAIZA JR, CHAIRMAN
Phone
(432) 367-8993
Return prepared by
GREEN FILLINGIM & NIETO PLLC

Mission

COOPERATIVE PROVIDER OF CREDIT UNION SERVICES SUCH AS SAVINGS ACCOUNTS, CHECKING ACCOUNTS AND CONSUMER LOANS.

990 for the year ended December 31, 2024

Program accomplishments

  • SHARE ACCOUNTS MEMBER SHARE ACCOUNTS PAY DIVIDENDS QUARTERLY
  • CERTIFICATES OF DEPOSIT - INTEREST IS PAID ON THESE MONTHLY
  • CONSUMER LOANS - THE CREDIT UNION PROVIDES LOANS FOR AUTOS, MOTORCYCLES, SHARE SECURED AND UNSECURED LOANS.MORTGAGE AND BUSINESS LOANS ARE ALSO MADE.

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
75-0827380
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)
$239,848,717
Income (IRS master file)
$16,437,590

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$16,437,590$13,480,838$239,848,717IRS
990December 2023$13,841,613$11,043,575$223,216,580XML
990December 2022$11,453,066$8,762,752$215,180,278IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 75-0827380).

Questions about SOUTHWEST HERITAGE CREDIT UNION

What is the EIN of SOUTHWEST HERITAGE CREDIT UNION?
The employer identification number (EIN) of SOUTHWEST HERITAGE CREDIT UNION is 75-0827380.
Is SOUTHWEST HERITAGE CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
Are donations to SOUTHWEST HERITAGE CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SOUTHWEST HERITAGE 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 SOUTHWEST HERITAGE 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 SOUTHWEST HERITAGE 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 are the officers and directors of SOUTHWEST HERITAGE CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 13 people; 13 received compensation from the organization, the highest $506,821 (RONNY HAYES, C E O).
How much revenue does SOUTHWEST HERITAGE CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $16,437,590, expenses of $13,480,838 and total assets of $239,848,717 at year end.

Other nonprofits in ODESSA

All nonprofits in ODESSA · Texas