Nonprofit · EIN 85-6009975
CREDIT UNIONS IN THE STATE OF NEW MEXICO
Also known as LOS ALAMOS SCHOOLS CREDIT UNION
Tax-exempt · LOS ALAMOS, NM 87544
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,759,611 | $1,524,247 | $235,364 | $32,783,573 | $32,783,573 | $0 |
| December 31, 2024 | 990 | $1,703,299 | $1,447,318 | $255,981 | $33,027,230 | $33,027,230 | $0 |
| December 31, 2023 | 990 | $1,415,575 | $1,205,205 | $210,370 | $30,258,287 | $30,258,287 | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,284,848
- Investment income
- $348,013
- Other revenue
- $126,750
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $384,261
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,524,247
Balance sheet and other
- Total assets, start of year
- $33,027,230
- Total assets, end of year
- $32,783,573
- Total liabilities, end of year
- $32,783,573
- Net assets, end of year
- $0
- Publicly traded securities
- $4,464,000
- Gross receipts
- $1,759,611
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1955
- State of legal domicile
- NM
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 |
|---|---|---|---|
| Matthew Schmidt | Exec Director/CEO Officer | 40 | $125,000 |
| Jennifer Elson | Board Chairman Trustee or director | 1 | $0 |
| Jason Chappel | Vice-Chairman Trustee or director | 1 | $0 |
| Kim Williams | Board Member Trustee or director | 1 | $0 |
| Julie Bulthuis | Secretary Trustee or director | 1 | $0 |
| Tom Castillo | Board Member Trustee or director | 1 | $0 |
| Michael Johnson | Board Member Trustee or director | 1 | $0 |
| Ezekiel Aragon | Board Treasurer Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Schmidt | Exec Director/CEO Officer | 40 | $117,000 |
| Jennifer Elson | Board Chairman Trustee or director | 1 | $0 |
| Jason Chappel | Vice-Chairman Trustee or director | 1 | $0 |
| Chelly Young | Board Member Trustee or director | 1 | $0 |
| Jenny Lathrop | Secretary Trustee or director | 1 | $0 |
| Tom Castillo | Board Member Trustee or director | 1 | $0 |
| Michael Johnson | Board Member Trustee or director | 1 | $0 |
| Ezekiel Aragon | Board Treasurer Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Schmidt | Exec Director/CEO Officer | 40 | $110,000 |
| Jennifer Elson | Board Chairman Trustee or director | 1 | $0 |
| Jason Chappel | Vice-Chairman Trustee or director | 1 | $0 |
| Chelly Young | Board Member Trustee or director | 1 | $0 |
| Jenny Lathrop | Secretary Trustee or director | 1 | $0 |
| Tom Castillo | Board Member Trustee or director | 1 | $0 |
| Michael Johnson | Board Member Trustee or director | 1 | $0 |
| Ezekiel Aragon | Board Treasurer Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1010 CENTRAL AVE, LOS ALAMOS, NM 87544-3273
- Principal officer (990 for 2025)
- Matthew Schmidt, 1010 Central Avenue, Los Alamos, NM 87544
- Signed the 990
- Matt Schmidt, CEO/President
- Phone
- (505) 662-3421
- Website
- WWW.LASCU.ORG
Mission
Non Profit Credit Union. Empowering our members to be financially secure.
Program accomplishments
- Provide Deposit and Loan ServicesExpenses $1,101,816
- Provide Education, Scholarships and SupportExpenses $37,810
- Manage Member Needs and AccountsExpenses $384,621
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
- 85-6009975
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2397: CREDIT UNIONS IN THE STATE OF NEW MEXICO
- Assets (IRS master file)
- $32,783,573
- Income (IRS master file)
- $1,759,611
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,759,611 | $1,524,247 | $32,783,573 | IRS |
| 990 | December 2024 | $1,703,299 | $1,447,318 | $33,027,230 | IRS |
| 990 | December 2023 | $1,415,575 | $1,205,205 | $30,258,287 | XML |
| 990 | December 2022 | $1,107,107 | $942,542 | $27,815,362 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 85-6009975).
Questions about CREDIT UNIONS IN THE STATE OF NEW MEXICO
- What is the EIN of CREDIT UNIONS IN THE STATE OF NEW MEXICO?
- The employer identification number (EIN) of CREDIT UNIONS IN THE STATE OF NEW MEXICO is 85-6009975.
- Is CREDIT UNIONS IN THE STATE OF NEW MEXICO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1973.
- Are donations to CREDIT UNIONS IN THE STATE OF NEW MEXICO tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS IN THE STATE OF NEW MEXICO 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 CREDIT UNIONS IN THE STATE OF NEW MEXICO 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 CREDIT UNIONS IN THE STATE OF NEW MEXICO 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 CREDIT UNIONS IN THE STATE OF NEW MEXICO?
- The 990 for the year ended December 31, 2025 names Matthew Schmidt.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF NEW MEXICO?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $125,000 (Matthew Schmidt, Exec Director/CEO).
- How much revenue does CREDIT UNIONS IN THE STATE OF NEW MEXICO have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,759,611, expenses of $1,524,247 and total assets of $32,783,573 at year end.
Other nonprofits in LOS ALAMOS
- NMC INC EIN 26-0370262 · last filed 990 for 2025
- ZIA CREDIT UNION EIN 85-0121717 · last filed 990 for 2024
- LOS ALAMOS ECONOMIC DEVELOPMENT CORPORATION EIN 85-0309387 · last filed 990 for 2025
- THE FAMILY YMCA EIN 85-0130054 · last filed 990 for 2025
- LOS ALAMOS PUBLIC SCHOOLS FOUNDATION INC EIN 02-0773298 · last filed 990 for 2025
- LOS ALAMOS RETIRED AND SENIOR ORGANIZATION EIN 85-0455765 · last filed 990 for 2025
- PAJARITO ENVIRONMENTAL EDUCATION CENTER EIN 85-0478101 · last filed 990 for 2025
- LOS ALAMOS HISTORICAL SOCIETY EIN 85-0231249 · last filed 990 for 2025