Nonprofit · EIN 75-1085904
WESTEX COMMUNITY CREDIT UNION
Tax-exempt · KERMIT, TX 79745
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $15,147,222 | $10,190,040 | $4,957,182 | $224,846,957 | $192,112,881 | $32,734,076 |
| December 31, 2024 | 990 | $13,196,566 | $8,686,330 | $4,510,236 | $197,589,831 | $170,524,296 | $27,065,535 |
| December 31, 2023 | 990 | $11,043,399 | $7,511,547 | $3,531,852 | $184,168,419 | $162,471,750 | $21,696,669 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $11,952,444
- Investment income
- $2,757,339
- Other revenue
- $437,439
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $250,307
- Other salaries and wages
- $2,788,419
- Salaries, compensation and benefits (total)
- $4,122,506
- Professional fundraising fees
- $0
- Legal fees
- $45,573
- Accounting fees
- $61,416
- Occupancy
- $253,984
- Depreciation
- $296,326
- Program services (functional)
- $10,190,040
Balance sheet and other
- Total assets, start of year
- $197,589,831
- Total assets, end of year
- $224,846,957
- Total liabilities, end of year
- $192,112,881
- Net assets, end of year
- $32,734,076
- Land, buildings and equipment
- $5,215,546
- Gross unrelated business income
- $48,940
- Gross receipts
- $15,147,222
- Employees
- 68
- Volunteers
- 0
- Year formed
- 1961
- 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 |
|---|---|---|---|
| KENNETH ARNOLD | CEO Key employee, Highest-paid employee | 40 | $136,293 |
| SHAWNA DORAN | EXEC. VP Key employee | 40 | $114,014 |
| VONDA WARREN | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| VICTOR BERZOZA | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| WANNAH HARTLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| EVA GUNN | TREASURER Trustee or director, Officer | 1 | $0 |
| MIRTA ACOSTA | MEMBER Trustee or director | 1 | $0 |
| ZANE CROKER | MEMBER Trustee or director | 1 | $0 |
| BLANE WOLF | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH ARNOLD | CEO Key employee, Highest-paid employee | 40 | $131,511 |
| SHAWNA DORAN | EXEC. VP Key employee | 40 | $107,053 |
| VONDA WARREN | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| VICTOR BERZOZA | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| WANNAH HARTLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| EVA GUNN | TREASURER Trustee or director, Officer | 1 | $0 |
| MIRTA ACOSTA | MEMBER Trustee or director | 1 | $0 |
| ZANE CROKER | MEMBER Trustee or director | 1 | $0 |
| BLANE WOLF | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH ARNOLD | CEO Key employee, Highest-paid employee | 40 | $121,300 |
| SHAWNA DORAN | EXEC. VP Key employee | 40 | $101,472 |
| VONDA WARREN | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| JOHNNY RAMOS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| WANNAH HARTLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| EVA GUNN | TREASURER Trustee or director, Officer | 1 | $0 |
| VICTOR BERZOZA | MEMBER Trustee or director | 1 | $0 |
| BRYAN GRAY | MEMBER Trustee or director | 1 | $0 |
| CECILIA HAYES | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 200 E AUSTIN ST, KERMIT, TX 79745-3021
- Principal officer (990 for 2025)
- KENNETH ARNOLD, 200 E AUSTIN, KERMIT, TX 79745
- Signed the 990
- KENNETH ARNOLD, CEO
- Phone
- (432) 586-6631
- Return prepared by
- Greg R Schmidt CPA
Mission
THE MISSION OF WESTEX COMMUNITY CREDIT UNION IS TO PROVIDE FINANCIAL SERVICES TO ITS MEMBERS AT COMPETETIVE PRICES
Program accomplishments
- WESTEX COMMUNITY OFFERS ALL TYPES OF LOAN PRODUCTS AT COMPETITIVE RATES
- WESTEX OFFERS DEPOSIT PRODUCTS AT COMPETITIVE RATES
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
- 75-1085904
- 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)
- $224,846,957
- Income (IRS master file)
- $15,147,222
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $15,147,222 | $10,190,040 | $224,846,957 | XML |
| 990 | December 2024 | $13,196,566 | $8,686,330 | $197,589,831 | XML |
| 990 | December 2023 | $11,043,399 | $7,511,547 | $184,168,419 | XML |
| 990 | December 2022 | $8,741,308 | $6,553,878 | $173,320,070 | 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 75-1085904).
Questions about WESTEX COMMUNITY CREDIT UNION
- What is the EIN of WESTEX COMMUNITY CREDIT UNION?
- The employer identification number (EIN) of WESTEX COMMUNITY CREDIT UNION is 75-1085904.
- Is WESTEX COMMUNITY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to WESTEX COMMUNITY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WESTEX COMMUNITY 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 WESTEX COMMUNITY 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 WESTEX COMMUNITY 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 WESTEX COMMUNITY CREDIT UNION?
- The 990 for the year ended December 31, 2025 names KENNETH ARNOLD.
- Who are the officers and directors of WESTEX COMMUNITY CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $136,293 (KENNETH ARNOLD, CEO).
- How much revenue does WESTEX COMMUNITY CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $15,147,222, expenses of $10,190,040 and total assets of $224,846,957 at year end.
Other nonprofits in KERMIT
- VEST FAMILY FOUNDATION EIN 84-3537116 · last filed 990-PF for 2025
- WINKLER-LOVING COUNTY LIVESTOCK ASSOCIATION EIN 20-5302983 · last filed 990 for 2024
- WINKLER COUNTY COUNTRY CLUB INC EIN 75-0720781 · last filed 990 for 2025
- KERMIT VOLUNTEER FIRE DEPARTMENT INC EIN 20-5825080 · last filed 990 for 2025
- TEXAS 4-H EIN 26-3276122 · last filed 990-N for 2024
- KERMIT SOCCER CLUB EIN 33-4018629 · last filed 990-N for 2025
- SILVER BELLS EIN 90-0756769 · last filed 990-N for 2025
- INTERNATIONAL ASSOCIATION OF LIONS CLUBS EIN 75-6036221 · last filed 990-N for 2024