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Nonprofit · EIN 88-0062898

SILVER STATE SCHOOLS CREDIT UNION

Tax-exempt · LAS VEGAS, NV 89119

Financials

$58.3M$51.2M2023$69.8M$68M2024
Revenue Expenses · by fiscal year end
Financials of SILVER STATE SCHOOLS CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$69,807,736$67,982,551$1,825,185$1,250,197,010$1,172,291,567$77,905,443
December 31, 2023990$58,278,829$51,160,127$7,118,702$1,139,471,028$1,063,627,002$75,844,026
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$61,910,821
Investment income
$7,896,915
Net gain from sales of assets
$826,113
Other revenue
$0

Expenses

Grants and similar amounts paid
$68,000
Compensation of officers, directors and key employees
$2,663,922
Other salaries and wages
$12,728,132
Salaries, compensation and benefits (total)
$18,716,483
Professional fundraising fees
$0
Legal fees
$133,752
Accounting fees
$229,607
Occupancy
$667,200
Travel
$70,835
Depreciation
$3,294,752

Balance sheet and other

Total assets, start of year
$1,139,471,028
Total assets, end of year
$1,250,197,010
Total liabilities, end of year
$1,172,291,567
Net assets, end of year
$77,905,443
Land, buildings and equipment
$13,854,327
Publicly traded securities
$161,698,456
Gross receipts
$73,510,809
Employees
294
Volunteers
10
Year formed
1951
State of legal domicile
NV

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.

NameTitleHours / weekCompensationOther / benefits
Scott ArkillsCEO/President
Officer
40$622,000$33,945
Mel ValenzuelaSVP/CLO
Officer
40$298,933$34,392
Raymond WilsonSVP/CFO
Officer
40$300,418$32,491
Ann JohnsonSVP/CAO
Officer
40$303,780$25,846
Ralph RamirezSVP/CXO
Officer
40$297,941$25,518
Robert RivasVP of Information Technology
Key employee
40$191,155$18,123
Cody GouldingVP/Controller
Key employee
40$185,636$22,033
Ken DownsSVP/CIO as of July
Officer
40$176,488$13,816
Ariana HitesVP of Member Services
Highest-paid employee
40$143,368$21,122
Randy TraubVP Consumer Lending
Highest-paid employee
40$139,213$21,198
Oscar MoranAVP Real Estate Lending
Highest-paid employee
40$133,396$16,324
Heidi MuenchowAVP Remore Services
Highest-paid employee
40$116,539$16,941
Alfie HernandezAccounting Manager
Highest-paid employee
40$114,608$8,976
Ben ChristensenSVP/CIO thru January
Officer
40$62,361$3,962
Mitch FoxChair
Trustee or director, Officer
10$0$0
6 more people on this return
NameTitleHours / weekCompensation
Mary Beth ScowVice Chair
Trustee or director, Officer
10$0
George Ann RiceSecretary/Treasurer
Trustee or director, Officer
10$0
Larry MoultonDirector
Trustee or director
10$0
Joyce WoodhouseDirector
Trustee or director
10$0
Ida ChapkiDirector as of August
Trustee or director
10$0
Ken LangeDirector
Trustee or director
10$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
Scott ArkillsCEO/President
Officer
40$554,454$32,194
Ann JohnsonSVP/CAO
Key employee
40$282,811$41,512
Raymond WilsonSVP/CFO
Officer
40$289,098$23,560
Ben ChristensenSVP/CIO
Officer
40$276,211$32,399
Mel ValenzuelaSVP/CLO (Mar-Dec)
Officer
40$232,862$26,700
Ralph RamirezSVP/CXO (Mar-Dec)
Officer
40$210,637$19,125
Robert RivasVP of Information Technology
Key employee
40$177,293$19,616
Cody GouldingVP/Controller
Key employee
40$172,930$20,404
Ariana HitesVP of Member Services
Highest-paid employee
40$132,970$24,103
Malinda WatsonAVP Internal Controls
Highest-paid employee
40$132,132$15,878
Sandra Sifontes-MarioniAVP Collections and Loan Servicing
Highest-paid employee
40$134,489$13,436
Jessica MaagAVP Project Manager
Highest-paid employee
40$109,290$10,525
Alfie HernandezAccounting Manager
Highest-paid employee
40$106,485$7,835
Mitch FoxChair
Trustee or director, Officer
10$0$0
Mary Beth ScowVice Chair
Trustee or director, Officer
10$0$0
George Ann RiceSecretary/Treasurer
Trustee or director, Officer
10$0$0
Larry MoultonDirector
Trustee or director
10$0$0
Javier TrujilloDirector
Trustee or director
10$0$0
Joyce WoodhouseDirector
Trustee or director
10$0$0
Ken LangeDirector
Trustee or director
10$0$0
Greg HalopoffAssociate Director (Jan-Apr)
Trustee or director
10$0$0

Address and contacts

Address (IRS master file)
630 TRADE CENTER DR, LAS VEGAS, NV 89119-3712
In care of
% CHIEF FINANCIAL OFFICER
Principal officer (990 for 2024)
Scott Arkills, 630 Trade Center Drive, Las Vegas, NV 89119
Signed the 990
Scott Arkills, President/CEO
Phone
(800) 357-9654
Return prepared by
Eide Bailly LLP

Mission

Excellent Member Service and Financial Solutions - for Life!

990 for the year ended December 31, 2024

Program accomplishments

  • Since it's inception in 1951, Silver State Schools Credit Union (SSSCU) has been deeply rooted in the Southern Nevada community, focusing on improving and strengthening the region it serves. SSSCU is a state chartered co-operative, owned by and designed to serve its members. The core of SSSCU is Southern Nevada and those serving and participating in education. Anyone associated with any educational organization, be they volunteers, students, retirees, employees and members of organizations such as PTAs or PTOs, are eligible to join SSSCU.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-0062898
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,250,197,010
Income (IRS master file)
$73,510,809

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$69,807,736$67,982,551$1,250,197,010IRS
990December 2023$58,278,829$51,160,127$1,139,471,028XML
990December 2022$49,927,446$38,665,350$1,151,766,991IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 88-0062898).

Questions about SILVER STATE SCHOOLS CREDIT UNION

What is the EIN of SILVER STATE SCHOOLS CREDIT UNION?
The employer identification number (EIN) of SILVER STATE SCHOOLS CREDIT UNION is 88-0062898.
Is SILVER STATE SCHOOLS CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1980.
Are donations to SILVER STATE SCHOOLS CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SILVER STATE SCHOOLS 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 SILVER STATE SCHOOLS 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 SILVER STATE SCHOOLS 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 SILVER STATE SCHOOLS CREDIT UNION?
The 990 for the year ended December 31, 2024 names Scott Arkills.
Who are the officers and directors of SILVER STATE SCHOOLS CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 21 people; 14 received compensation from the organization, the highest $622,000 (Scott Arkills, CEO/President).
How much revenue does SILVER STATE SCHOOLS CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $69,807,736, expenses of $67,982,551 and total assets of $1,250,197,010 at year end.

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