Nonprofit · EIN 92-0021481
CREDIT UNION 1
Tax-exempt · ANCHORAGE, AK 99507
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $109,427,043 | $93,673,606 | $15,753,437 | $1,526,130,736 | $1,326,572,858 | $199,557,878 |
| December 31, 2024 | 990 | $100,698,593 | $86,638,109 | $14,060,484 | $1,468,794,139 | $1,291,729,337 | $177,064,802 |
| December 31, 2023 | 990 | $92,423,998 | $83,312,210 | $9,111,788 | $1,519,582,740 | $1,358,646,940 | $160,935,800 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $94,124,290
- Investment income
- $9,271,636
- Net gain from sales of assets
- $303,800
- Other revenue
- $6,031,117
Expenses
- Grants and similar amounts paid
- $33,300
- Compensation of officers, directors and key employees
- $2,481,979
- Salaries, compensation and benefits (total)
- $38,998,592
- Professional fundraising fees
- $0
- Legal fees
- $175,359
- Accounting fees
- $407,033
- Occupancy
- $2,635,692
- Travel
- $688,184
- Depreciation
- $4,529,911
Balance sheet and other
- Total assets, start of year
- $1,468,794,139
- Total assets, end of year
- $1,526,130,736
- Total liabilities, end of year
- $1,326,572,858
- Net assets, end of year
- $199,557,878
- Land, buildings and equipment
- $42,350,623
- Gross unrelated business income
- $339,209
- Gross receipts
- $154,020,826
- Employees
- 509
- Volunteers
- 10
- Year formed
- 1982
- State of legal domicile
- AK
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 | Other / benefits |
|---|---|---|---|---|
| MARK BURGESS | PRESIDENT/CEO Officer | 40 | $570,260 | $122,121 |
| TRAVIS C FRISK | CHIEF FINANCIAL OFFICER Officer | 40 | $302,718 | $236,474 |
| ERIKA SMITH | CHIEF OPERATING OFFICER Officer | 40 | $314,909 | $114,392 |
| TINA NARRON | CHIEF LENDING OFFICER Officer | 40 | $317,361 | $38,485 |
| STEVEN GREENBAUM | VP OF ENTERPRISE SECURITY Highest-paid employee | 40 | $197,102 | $100,497 |
| BENJAMIN D CRAIG | CHIEF ADMIN OFFICER Officer | 40 | $271,813 | $17,260 |
| TYLER HASBROUCK | VP OF MEMBER EXPERIENCE Highest-paid employee | 40 | $183,378 | $58,912 |
| KARRI WIGGERS | VP OF HUMAN RESOURCES Highest-paid employee | 40 | $181,345 | $59,790 |
| ANGELA BRADFORD | VP OF RISK & COMPLIANCE Highest-paid employee | 40 | $186,501 | $50,626 |
| KERRY YOUNGREN | VP OF MARKETING AND COMMUNICATIONS Highest-paid employee | 40 | $195,121 | $40,403 |
| KEITH BENNETT | CHIEF TECHNOLOGY OFFICER Officer | 40 | $160,052 | $16,134 |
| ANDRE HORTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROL GORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLIN BAXTER | TREASURER Trustee or director | 1 | $0 | $0 |
| JENNIFER BERNARD | CHAIR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE TOWSLEE | DIRECTOR Trustee or director | 1 | $0 |
| MARIETTA ED HALL | VICE CHAIR Trustee or director | 1 | $0 |
| YULIYA MITCHELL | SECRETARY Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK BURGESS | PRESIDENT/CEO Officer | 40 | $582,349 | $129,890 |
| TRAVIS C FRISK | CFO Officer | 40 | $257,788 | $210,716 |
| ERIKA SMITH | COO Officer | 40 | $296,735 | $87,613 |
| KEITH BENNETT | CTO Officer | 40 | $278,843 | $95,927 |
| STEVEN GREENBAUM | AVP OF ENTERPRISE SECURITY Highest-paid employee | 40 | $173,077 | $91,465 |
| TYLER HASBROUCK | VP OF MEMBER EXPERIENCE Highest-paid employee | 40 | $187,838 | $62,155 |
| KERRY YOUNGREN | VP OF MARKETING AND COMMUNICATIONS Highest-paid employee | 40 | $178,095 | $53,937 |
| JENNIFER L CABASAG | AVP OF STRATEGIC INITIATIVES Highest-paid employee | 40 | $158,585 | $71,840 |
| DEBORAH MANFRED | VP OF REAL ESTATE LENDING Highest-paid employee | 40 | $157,261 | $54,245 |
| TINA NARRON | CLO Officer | 40 | $112,472 | $629 |
| JARRED W LANDRY | CLO Officer | 40 | $84,156 | $12,731 |
| ANDRE HORTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLIN BAXTER | TREASURER Trustee or director | 1 | $0 | $0 |
| JENNIFER BERNARD | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| JOE TOWSLEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIETTA ED HALL | SECRETARY Trustee or director | 1 | $0 | $0 |
| STEVEN CAVIN | CHAIR Trustee or director | 1 | $0 | $0 |
| YULIYA MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK BURGESS | PRESIDENT/CEO Officer | 40 | $437,214 | $168,578 |
| STEVEN GREENBAUM | AVP OF ENTERPRISE SECURITY Highest-paid employee | 40 | $170,209 | $135,792 |
| WENDY YOW | SVP OF HUMAN RESOURCES Highest-paid employee | 40 | $188,772 | $116,859 |
| KEITH BENNETT | CTO Officer | 40 | $248,098 | $45,674 |
| TRAVIS C FRISK | CFO Officer | 40 | $204,162 | $84,345 |
| TERRI L COLSON | VP OF PROJECT SOLUTIONS Highest-paid employee | 40 | $171,891 | $102,758 |
| ERIKA SMITH | COO Officer | 40 | $231,763 | $36,431 |
| DEBORAH MANFRED | VP OF REAL ESTATE LENDING Highest-paid employee | 40 | $166,207 | $63,819 |
| RACHEL GUYSELMAN | SVP OF RISK AND COMPLIANCE Former | 40 | $182,120 | $45,095 |
| JARRED W LANDRY | CLO Officer | 40 | $160,845 | $35,202 |
| ANDRE HORTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLIN BAXTER | TREASURER Trustee or director | 1 | $0 | $0 |
| JENNIFER BERNARD | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| JOE TOWSLEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIETTA ED HALL | SECRETARY Trustee or director | 1 | $0 | $0 |
| STEVEN CAVIN | CHAIR Trustee or director | 1 | $0 | $0 |
| YULIYA MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1941 ABBOTT RD, ANCHORAGE, AK 99507-3448
- In care of
- % VAITUPU LIMA
- Principal officer (990 for 2025)
- Mark Burgess, 1941 Abbott Road, Anchorage, AK 99507
- Signed the 990
- Mark Burgess, President, CEO
- Phone
- (907) 339-9485
- Website
- www.cu1.org
Mission
HELP MEMBERS ACHIEVE THEIR FINANCIAL GOALS BY FOCUSING ON EXCELLENT SERVICE AND VALUE
Program accomplishments
- PROVIDE SERVICES TO ELIGIBLE MEMBERS
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
- 92-0021481
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,526,130,736
- Income (IRS master file)
- $154,020,826
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $109,427,043 | $93,673,606 | $1,526,130,736 | XML |
| 990 | December 2024 | $100,698,593 | $86,638,109 | $1,468,794,139 | XML |
| 990 | December 2023 | $92,423,998 | $83,312,210 | $1,519,582,740 | XML |
| 990 | December 2022 | $77,760,445 | $66,519,887 | $1,475,579,183 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | September 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 92-0021481).
Questions about CREDIT UNION 1
- What is the EIN of CREDIT UNION 1?
- The employer identification number (EIN) of CREDIT UNION 1 is 92-0021481.
- Is CREDIT UNION 1 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1993.
- Are donations to CREDIT UNION 1 tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNION 1 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 UNION 1 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 UNION 1 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 UNION 1?
- The 990 for the year ended December 31, 2025 names Mark Burgess.
- Who are the officers and directors of CREDIT UNION 1?
- The 990 for the year ended December 31, 2025 lists 18 people; 11 received compensation from the organization, the highest $570,260 (MARK BURGESS, PRESIDENT/CEO).
- How much revenue does CREDIT UNION 1 have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $109,427,043, expenses of $93,673,606 and total assets of $1,526,130,736 at year end.
Other nonprofits in ANCHORAGE
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- SOUTHCENTRAL FOUNDATION EIN 92-0086076 · last filed 990 for 2025
- CHUGACH ELECTRIC ASSOCIATION INC EIN 92-0014224 · last filed 990 for 2025
- PUBLIC EDUCATION HEALTH TRUST EIN 92-6027877 · last filed 990 for 2025
- ALASKA VILLAGE ELECTRIC COOPERATIVE INC EIN 92-0035763 · last filed 990 for 2024
- ALASKA ELECTRICAL HEALTH AND WELFARE FUND EIN 92-6001972 · last filed 990 for 2024
- RASMUSON FOUNDATION EIN 91-6340739 · last filed 990-PF for 2024
- COOK INLET TRIBAL COUNCIL INC EIN 92-0094184 · last filed 990 for 2025