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Nonprofit · EIN 87-0263101

CREDIT UNIONS CHARTERED IN THE STATE OF UTAH

Also known as SEA

Tax-exempt · RICHFIELD, UT 84701

Financials

$260K$230K2023$319K$284K2024$371K$332K2025
Revenue Expenses · by fiscal year end
Financials of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$371,059$331,727$39,332$6,988,106$5,601,554$1,386,552
December 31, 2024990$318,528$284,287$34,241$6,247,206$4,899,986$1,347,220
December 31, 2023990$259,834$229,970$29,864$5,776,045$4,463,066$1,312,979
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$283,115
Investment income
$87,944
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,750
Salaries, compensation and benefits (total)
$65,610
Professional fundraising fees
$0
Accounting fees
$3,960
Occupancy
$4,140

Balance sheet and other

Total assets, start of year
$6,247,206
Total assets, end of year
$6,988,106
Total liabilities, end of year
$5,601,554
Net assets, end of year
$1,386,552
Gross receipts
$371,059
Employees
2
Volunteers
9
Year formed
1957
State of legal domicile
UT

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.

NameTitleHours / weekCompensation
Brent PrisbreyPresident
Officer
20$48,000
Matthew PaceAssistant Manager
Officer
6$12,750
Don SudweeksBoard President
Trustee or director
0.5$0
Jack WoodBoard Vice-President
Trustee or director
0.5$0
Beth FoisyBoard Secretary
Trustee or director
0.5$0
Lance NorrisBoard Member
Trustee or director
0.5$0
Kimberly ParsonsBoard Member
Trustee or director
0.5$0
Melissa HartleSupervisory Committee Chair
Officer
0.5$0
Stephanie JohnsonSupervisory Committee Member
Officer
0.5$0
Phillip JohnsonSupervisory Committee Member
Officer
0.5$0
Patsy NielsenSupervisory Committee Member
Officer
0.5$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
Brent PrisbreyPresident
Officer
20$48,000
Matthew PaceAssistant Manager
Officer
6$13,770
Don SudweeksBoard President
Trustee or director
0.5$0
Jack WoodBoard Vice-President
Trustee or director
0.5$0
Beth FoisyBoard Secretary
Trustee or director
0.5$0
Lance NorrisBoard Member
Trustee or director
0.5$0
Kimberly ParsonsBoard Member
Trustee or director
0.5$0
Melissa HartleSupervisory Committee Chair
Officer
0.5$0
Patsy NielsenSupervisory Committee Member
Officer
0.5$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Brent PrisbreyPresident
Key employee
20$46,200
Matthew PaceAssistant Manager
Key employee
6$11,120
Don SudweeksBoard President
Trustee or director
0.5$0
Jack WoodBoard Vice-President
Trustee or director
0.5$0
Beth FoisyBoard Secretary
Trustee or director
0.5$0
Lance NorrisBoard Member
Trustee or director
0.5$0
Paula RobertsBoard Member
Trustee or director
0.5$0
Melissa HartleSupervisory Committee Chair
Officer
0.5$0
Patsy NielsenSupervisory Committee Member
Officer
0.5$0
Kimberly ParsonsSupervisory Committee Member
Officer
0.5$0

Address and contacts

Address (IRS master file)
PO BOX 355, RICHFIELD, UT 84701-0355
Principal officer (990 for 2025)
Brent Prisbrey, 275 East 800 North, Richfield, UT 84701
Signed the 990
Brent Prisbrey, President
Phone
(435) 201-2085

Mission

Our mission is to provide low interest loans and high interest savings for those who qualify for membership while keeping accurate financial records and managing the operations of the credit union in an organized and efficient manner in compliance with all State and Federal rules and regulations.

990 for the year ended December 31, 2025

Program accomplishments

  • We are a credit union and provide low interest loans and high interest savings to our members.
    Expenses $331,727 · revenue $371,059

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-0263101
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1956
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,988,106
Income (IRS master file)
$371,059

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$371,059$331,727$6,988,106IRS
990December 2024$318,528$284,287$6,247,206IRS
990December 2023$259,834$229,970$5,776,045XML
990December 2022$189,110$157,696$5,725,675IRS
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 87-0263101).

Questions about CREDIT UNIONS CHARTERED IN THE STATE OF UTAH

What is the EIN of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH?
The employer identification number (EIN) of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH is 87-0263101.
Is CREDIT UNIONS CHARTERED IN THE STATE OF UTAH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1956.
Are donations to CREDIT UNIONS CHARTERED IN THE STATE OF UTAH tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CREDIT UNIONS CHARTERED IN THE STATE OF UTAH 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 CHARTERED IN THE STATE OF UTAH 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 CHARTERED IN THE STATE OF UTAH 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 CHARTERED IN THE STATE OF UTAH?
The 990 for the year ended December 31, 2025 names Brent Prisbrey.
Who are the officers and directors of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH?
The 990 for the year ended December 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $48,000 (Brent Prisbrey, President).
How much revenue does CREDIT UNIONS CHARTERED IN THE STATE OF UTAH have?
On its 990 for the year ended December 31, 2025 it reported revenue of $371,059, expenses of $331,727 and total assets of $6,988,106 at year end.

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