Nonprofit · EIN 86-6050693
COPPER STATE CREDIT UNION
Tax-exempt · PHOENIX, AZ 85053
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $38,066,785 | $37,232,387 | $834,398 | $592,078,886 | $555,993,442 | $36,085,444 |
| December 31, 2023 | 990 | $33,889,730 | $32,395,591 | $1,494,139 | $600,490,503 | $562,895,989 | $37,594,514 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $35,227,556
- Investment income
- $2,839,229
- Net gain from sales of assets
- -$7,273
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $674,341
- Other salaries and wages
- $9,455,065
- Salaries, compensation and benefits (total)
- $12,166,099
- Professional fundraising fees
- $0
- Legal fees
- -$33,573
- Accounting fees
- $212,600
- Occupancy
- $901,150
- Travel
- $13,418
- Depreciation
- $1,159,607
Balance sheet and other
- Total assets, start of year
- $597,490,503
- Total assets, end of year
- $592,078,886
- Total liabilities, end of year
- $555,993,442
- Net assets, end of year
- $36,085,444
- Land, buildings and equipment
- $21,918,966
- Publicly traded securities
- $79,688,334
- Gross unrelated business income
- $230,663
- Gross receipts
- $38,096,829
- Employees
- 178
- Volunteers
- 18
- Year formed
- 1951
- State of legal domicile
- AZ
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT SCOTT | PRESIDENT/CEO Officer | 50 | $406,765 | $34,712 |
| GREGORY ALBANO | SVP CHIEF TECHNOLOGY OFFICER Highest-paid employee | 50 | $198,686 | $239,316 |
| RICHARD REILEY | SVP CHIEF LENDING OFFICER Highest-paid employee | 50 | $203,556 | $18,205 |
| ANTHONY D'ASTICE | WEALTH MANAGEMENT Highest-paid employee | 50 | $183,697 | $25,547 |
| AMY SINGPRADITH | SVP CHIEF HR OFFICER Highest-paid employee | 50 | $172,849 | $25,354 |
| TERESA TROSTEL | CHIEF INFORMATION OFFICER Highest-paid employee | 50 | $167,247 | $22,211 |
| MONICA SOLO | CHIEF FINANCIAL OFFICER Officer | 50 | $163,106 | $20,627 |
| DENNIS MCDONALD | CHAIRPERSON Trustee or director | 1 | $5,200 | $0 |
| LORENZO SIERRA | DIRECTOR Trustee or director | 1 | $4,431 | $0 |
| PAUL WATERMAN | TREASURER Trustee or director | 1 | $4,100 | $0 |
| WING-HO CHOI | DIRECTOR Trustee or director | 1 | $3,900 | $0 |
| JANET BURGETT MARTIN | DIRECTOR Trustee or director | 1 | $3,500 | $0 |
| ERICA GIBBONS | VICE CHAIRPERSON Trustee or director | 1 | $3,450 | $0 |
| MICHAEL JOSEPH | DIRECTOR Trustee or director | 1 | $3,250 | $0 |
| DAVID MATSON | COMMITTEE CHAIRPERSON Trustee or director | 1 | $2,350 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLLEEN CURTIS MILLER | SECRETARY Trustee or director | 1 | $2,300 |
| ROBERT STADNIK | COMMITTEE MEMBER Trustee or director | 1 | $2,250 |
| ALBERT DUBOWA | COMMITTEE MEMBER Trustee or director | 1 | $2,250 |
| FRANK MARTINSON | COMMITTEE MEMBER Trustee or director | 1 | $2,250 |
| HARSHAD DESAI | COMMITTEE MEMBER Trustee or director | 1 | $2,200 |
| ANDREW ROBERTS | DIRECTOR Trustee or director | 1 | $2,150 |
| LUPE HARRIGER | COMMITTEE MEMBER Trustee or director | 1 | $2,050 |
| TILLIE JONES | DIRECTOR Trustee or director | 1 | $1,450 |
| MELANIE MERRILL | DIRECTOR Trustee or director | 1 | $1,150 |
| ANDREA NORTHUP | DIRECTOR Trustee or director | 1 | $900 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGORY ALBANO | CHIEF TECHNOLOGY OFFICER Highest-paid employee | 50 | $196,360 | $490,148 |
| ROBERT SCOTT | PRESIDENT/CEO Officer | 50 | $452,703 | $40,187 |
| RICHARD REILEY | CHIEF LENDING OFFICER Highest-paid employee | 50 | $184,602 | $23,648 |
| AMY SINGPRADITH | CHIEF HR OFFICER Highest-paid employee | 50 | $165,426 | $32,204 |
| DAVID SKILTON | CHIEF FINANCIAL OFFICER Officer | 50 | $173,361 | $17,872 |
| TERESA TROSTEL | CHIEF INFORMATION OFFICER Highest-paid employee | 50 | $156,622 | $25,868 |
| JUSTIN WOLFE | CHIEF RETAIL OPERATIONS OFFICER Highest-paid employee | 50 | $150,659 | $21,671 |
| ANDREW ROBERTS | CHAIRPERSON Trustee or director | 1 | $6,000 | $0 |
| PAUL WATERMAN | TREASURER Trustee or director | 1 | $3,800 | $0 |
| MELANIE MERRILL | DIRECTOR Trustee or director | 1 | $3,750 | $0 |
| ERICA GIBBONS | SECRETARY Trustee or director | 1 | $3,550 | $0 |
| DENNIS MCDONALD | VICE CHAIRPERSON Trustee or director | 1 | $3,550 | $0 |
| JANET BURGETT MARTIN | DIRECTOR Trustee or director | 1 | $3,150 | $0 |
| TILLIE JONES | DIRECTOR Trustee or director | 1 | $3,000 | $0 |
| WING-HO CHOI | ASSOCIATE BOARD MEMBER Trustee or director | 1 | $2,800 | $0 |
| MICHAEL JOSEPH | ASSOCIATE BOARD MEMBER Trustee or director | 1 | $2,800 | $0 |
| ALBERT DUBOWA | COMMITTEE VICE CHAIRPERSON Trustee or director | 1 | $2,000 | $0 |
| LUPE HARRIGER | COMMITTEE MEMBER Trustee or director | 1 | $2,000 | $0 |
| FRANK MARTINSON | COMMITTEE MEMBER Trustee or director | 1 | $2,000 | $0 |
| DAVID MATSON | COMMITTEE CHAIRPERSON Trustee or director | 1 | $1,900 | $0 |
| ROBERT STADNIK | COMMITTEE MEMBER Trustee or director | 1 | $1,750 | $0 |
| HARSHAD DESAI | COMMITTEE MEMBER Trustee or director | 1 | $1,500 | $0 |
| COLLEEN CURTIS MILLER | ASSOCIATE BOARD MEMBER Trustee or director | 1 | $900 | $0 |
| ROGER ZOLLINGER | DIRECTOR Trustee or director | 1 | $850 | $0 |
| JERRY HARTRIM | DIRECTOR Trustee or director | 1 | $750 | $0 |
| STEVE WOLFE | DIRECTOR Trustee or director | 1 | $750 | $0 |
Address and contacts
- Address (IRS master file)
- 15458 N 28TH AVE, PHOENIX, AZ 85053-4062
- In care of
- % ROBERT SCOTT
- Principal officer (990 for 2024)
- ROBERT SCOTT, 15458 N 28TH AV, PHOENIX, AZ 85027
- Signed the 990
- JOEL GALLON, CFO
- Phone
- (623) 580-3000
- Website
- WWW.COPPERSTATECU.ORG
- Return prepared by
- DOEREN MAYHEW
Mission
OUR VISION IS TO ELEVATE THE FINANCIAL STRENGTH OF ARIZONA FAMILIES THROUGH EVERY SEASON OF LIFE. OUR MISSION IS TO ENABLE OUR MEMBERS' FAMILIES TO ACHIEVE FINANCIAL PROSPERITY AND STRENGTHENING ARIZONA FAMILIES THROUGH FINANCIAL EMPOWERMENT.
Program accomplishments
- PROVIDED CREDIT IN 2024 TO 3,249 MEMBERS FOR $120,805,039. AS OF DECEMBER 31, 2024, 15,579 MEMBERS HAD $432,492,491 IN OUTSTANDING LOANS.
- PROMOTE THRIFT TO 43,441 MEMBERS WITH TOTAL DEPOSITS OF $524,782,241 AS OF DECEMBER 31, 2024.
- PROVIDE FINANCIAL SERVICES, INCLUDING CHECKING ACCOUNTS, ATM/DEBIT CARDS, CREDIT CARDS, SAVINGS ACCOUNTS, CERTIFICATES OF DEPOSIT AND MONEY MARKET ACCOUNTS.
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 | Not 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
- 86-6050693
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2111: CREDIT UNIONS IN THE STATE OF ARIZONA
- Assets (IRS master file)
- $592,078,886
- Income (IRS master file)
- $38,096,829
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $38,066,785 | $37,232,387 | $592,078,886 | IRS |
| 990 | December 2023 | $33,889,730 | $32,395,591 | $600,490,503 | XML |
| 990 | December 2022 | $28,591,696 | $24,827,520 | $609,482,997 | 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 86-6050693).
Questions about COPPER STATE CREDIT UNION
- What is the EIN of COPPER STATE CREDIT UNION?
- The employer identification number (EIN) of COPPER STATE CREDIT UNION is 86-6050693.
- Is COPPER STATE CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1970.
- Are donations to COPPER STATE CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COPPER STATE 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 COPPER STATE 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 COPPER STATE 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 COPPER STATE CREDIT UNION?
- The 990 for the year ended December 31, 2024 names ROBERT SCOTT.
- Who are the officers and directors of COPPER STATE CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 25 people; 25 received compensation from the organization, the highest $406,765 (ROBERT SCOTT, PRESIDENT/CEO).
- How much revenue does COPPER STATE CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $38,066,785, expenses of $37,232,387 and total assets of $592,078,886 at year end.
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