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Nonprofit · EIN 75-0918529

SERVICE 1ST CREDIT UNION

Tax-exempt · GREENVILLE, TX 75404

Financials

$2.9M$2M2023$3.4M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of SERVICE 1ST CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,364,448$2,222,657$1,141,791$72,493,198$683,012$71,810,186
December 31, 2023990$2,906,975$1,957,754$949,221$74,570,941$288,641$74,282,300
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,214,952
Investment income
$1,149,496
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$164,497
Other salaries and wages
$729,393
Salaries, compensation and benefits (total)
$1,245,237
Professional fundraising fees
$0
Legal fees
$6,648
Accounting fees
$14,400
Occupancy
$63,212
Travel
$5,560
Depreciation
$49,776

Balance sheet and other

Total assets, start of year
$74,570,941
Total assets, end of year
$72,493,198
Total liabilities, end of year
$683,012
Net assets, end of year
$71,810,186
Land, buildings and equipment
$340,568
Gross receipts
$3,364,448
Employees
19
Year formed
1954
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
Crystal HolmdenVice President
Officer
40$85,517
Ryon GilliamPresident
Officer
40$79,890
Fred Hite JrChairman
Trustee or director, Officer
0.5$0
CJ ClintonVice Chair
Trustee or director, Officer
0.5$0
Jason TannerSecretary/Treas
Trustee or director, Officer
0.5$0
Ross McClainDirector
Trustee or director
0.5$0
Mike GlendayDirector
Trustee or director
0.5$0
Cedric BarksdaleDirector
Trustee or director
0.5$0
Stephen BrandDirector
Trustee or director
0.5$0
Tyler NicholsonDirector
Trustee or director
0.5$0
Rita JordanDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
Sherri HoustonPresident
Officer
40$142,064$6,183
Crystal HolmdenManager
Officer
40$77,928$0
Mike GlendayDirector
Trustee or director
0.5$0$0
Ross McClainDirector
Trustee or director
0.5$0$0
Fred Hite JrChairman
Trustee or director, Officer
0.5$0$0
Rita JordanDirector
Trustee or director
0.5$0$0
Stephen BrandDirector
Trustee or director
0.5$0$0
Joel RichardsonDirector
Trustee or director
0.5$0$0
Tyler NicholsonDirector
Trustee or director
0.5$0$0
Jason TannerSecretary-Treas
Trustee or director, Officer
0.5$0$0
C J ClintonVice-Chair
Trustee or director, Officer
0.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 8155, GREENVILLE, TX 75404-8155
Principal officer (990 for 2024)
Ryon Gilliam, PO Box 8155, Greenville, TX 754048155
Signed the 990
Ryon Gilliam, President
Phone
(903) 457-4686
Return prepared by
JACOBSON LAWRENCE & ASSOCIATES PLLC

Mission

To provide a lifelong commitment of quality financial services to the membership of the credit union.

990 for the year ended December 31, 2024

Program accomplishments

  • Service 1st Credit Union incurred expenses as a voluntary non-profit savings institution incorporated under the provisions of the Texas Credit Union Act for the purpose of encouraging thrift among their members; providing credit at a fair and reasonable rate of interest to the membership; and providing an opportunity for members to improve their economic condition.

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
75-0918529
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)
$72,493,198
Income (IRS master file)
$3,364,448

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,364,448$2,222,657$72,493,198XML
990December 2023$2,906,975$1,957,754$74,570,941XML
990December 2022$2,688,265$1,822,150$79,746,360IRS
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 75-0918529).

Questions about SERVICE 1ST CREDIT UNION

What is the EIN of SERVICE 1ST CREDIT UNION?
The employer identification number (EIN) of SERVICE 1ST CREDIT UNION is 75-0918529.
Is SERVICE 1ST CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
Are donations to SERVICE 1ST CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SERVICE 1ST 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 SERVICE 1ST 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 SERVICE 1ST 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 is the principal officer of SERVICE 1ST CREDIT UNION?
The 990 for the year ended December 31, 2024 names Ryon Gilliam.
Who are the officers and directors of SERVICE 1ST CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $85,517 (Crystal Holmden, Vice President).
How much revenue does SERVICE 1ST CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,364,448, expenses of $2,222,657 and total assets of $72,493,198 at year end.

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