Nonprofit · EIN 75-1077418
NAVARRO CREDIT UNION
Tax-exempt · CORSICANA, TX 75110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $130,181 | $117,151 | $13,030 | $2,766,296 | $6,953 | $2,759,343 |
| December 31, 2024 | 990 | $128,327 | $106,457 | $21,870 | $2,816,312 | $6,297 | $2,810,015 |
| December 31, 2023 | 990 | $111,615 | $109,267 | $2,348 | $3,158,714 | $4,927 | $3,153,787 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $100,462
- Investment income
- $20,797
- Other revenue
- $8,922
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $48,282
- Salaries, compensation and benefits (total)
- $52,007
- Professional fundraising fees
- $0
- Accounting fees
- $7,868
- Occupancy
- $9,968
Balance sheet and other
- Total assets, start of year
- $2,816,312
- Total assets, end of year
- $2,766,296
- Total liabilities, end of year
- $6,953
- Net assets, end of year
- $2,759,343
- Land, buildings and equipment
- $171
- Gross receipts
- $130,181
- Employees
- 2
- Volunteers
- 12
- Year formed
- 1953
- 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 |
|---|---|---|---|
| SHIRLEY L COLBERT | President Officer | 45 | $46,879 |
| ELAINE JERNIGAN | PartTime Employee Officer | 2 | $1,403 |
| JERRY WELCH | Board Chairman Trustee or director, Officer | 1.5 | $0 |
| MICHELLE OWEN | Director Trustee or director | 1.5 | $0 |
| DON BUTCHER | Director Trustee or director | 1.5 | $0 |
| TIFFANY G RICHARDSON | Vice Chairman Trustee or director, Officer | 1.5 | $0 |
| GILBERT HIPPARD | Director Trustee or director | 1.5 | $0 |
| JEANNE MELTON | Secretary Trustee or director, Officer | 1.5 | $0 |
| LISA EUBANKS | Director Trustee or director | 1.5 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHIRLEY L COLBERT | President Officer | 40 | $46,084 |
| ELAINE JERNIGAN | PartTime Employee Officer | 3 | $1,591 |
| JERRY WELCH | Board Chairman Trustee or director, Officer | 1.5 | $0 |
| MICHELLE OWEN | Director Trustee or director | 1.5 | $0 |
| DON BUTCHER | Director Trustee or director | 1.5 | $0 |
| TIFFANY G RICHARDSON | Vice Chairman Trustee or director, Officer | 1.5 | $0 |
| GILBERT HIPPARD | Director Trustee or director | 1.5 | $0 |
| JEANNE MELTON | Secretary Trustee or director, Officer | 1.5 | $0 |
| LISA EUBANKS | Director Trustee or director | 1.5 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHIRLEY L COLBERT | President Officer | 40 | $44,513 |
| ELAINE JERNIGAN | PartTime Employee Officer | 5 | $3,738 |
| JERRY WELCH | Board Chairman Trustee or director, Officer | 1.5 | $0 |
| MICHELLE OWEN | Director Trustee or director | 1.5 | $0 |
| DON BUTCHER | Director Trustee or director | 1.5 | $0 |
| TIFFANY G RICHARDSON | Vice Chairman Trustee or director, Officer | 1.5 | $0 |
| GILBERT HIPPARD | Director Trustee or director | 1.5 | $0 |
| JEANNE MELTON | Secretary Trustee or director, Officer | 1.5 | $0 |
| CHRISTY LOVE | Director Trustee or director | 1.5 | $0 |
Address and contacts
- Address (IRS master file)
- 317 W 3RD AVE STE BLDG B, CORSICANA, TX 75110-4665
- In care of
- % SHIRLEY L COLBERT
- Principal officer (990 for 2025)
- Shirley L Colbert, 317 W 3rd AVE Ste BLDG B, Corsicana, TX 75110
- Signed the 990
- SHIRLEY L COLBERT, President
- Phone
- (903) 872-2291
Mission
Provider of Credit Union Services
Program accomplishments
- Consumer Loans Navarro Credit Union offers loans for vehicles, recreational vehicles, boats, motocycles, and side by sides as well as miscellaneous loans covering trailers, furniture, tractors and lawn mowers.Expenses $117,151 · revenue $109,384
- Share Accounts Navarro Credit Union offers share accounts to members of all ages. The credit union had 669 members/owners of share accounts as of 12/31/2025. Member share accounts pay dividends quarterly.revenue $20,797
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
- 75-1077418
- 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)
- $2,766,296
- Income (IRS master file)
- $130,181
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $130,181 | $117,151 | $2,766,296 | IRS |
| 990 | December 2024 | $128,327 | $106,457 | $2,816,312 | IRS |
| 990 | December 2023 | $111,615 | $109,267 | $3,158,714 | XML |
| 990 | December 2022 | $87,071 | $105,389 | $3,302,358 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 75-1077418).
Questions about NAVARRO CREDIT UNION
- What is the EIN of NAVARRO CREDIT UNION?
- The employer identification number (EIN) of NAVARRO CREDIT UNION is 75-1077418.
- Is NAVARRO CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to NAVARRO CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NAVARRO 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 NAVARRO 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 NAVARRO 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 NAVARRO CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Shirley L Colbert.
- Who are the officers and directors of NAVARRO CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $46,879 (SHIRLEY L COLBERT, President).
- How much revenue does NAVARRO CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $130,181, expenses of $117,151 and total assets of $2,766,296 at year end.
Other nonprofits in CORSICANA
- NAVARRO COUNTY ELECTRIC COOPERATIVE INC EIN 75-0458545 · last filed 990 for 2024
- ADVANCE CHILD CARE INC EIN 75-2294531 · last filed 990 for 2024
- COMMUNITY SERVICES INC EIN 75-6051334 · last filed 990 for 2024
- YOUNG MENS CHRISTIAN ASSOCIATION CORSICANA EIN 75-0808817 · last filed 990 for 2025
- NAVARRO COMMUNITY FOUNDATION EIN 75-0800663 · last filed 990-PF for 2025
- VIABLE OPTIONS IN COMMUNITY EIN 75-2491685 · last filed 990 for 2025
- CORBET WATER SUPPLY CORPORATION EIN 75-1986004 · last filed 990 for 2024
- NAVARRO COUNTY AMBULATORY CARE ASSOCIATION EIN 75-2644325 · last filed 990 for 2024