Azura Credit Union

Azura Credit Union Overview

Azura Credit Union is located in Topeka, KS. The organization was established in 1979. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2020, Azura Credit Union employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Azura Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2020, Azura Credit Union generated $29.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $25.4m during the year ending 12/2020. While expenses have increased by 18.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

AZURA IS ENHANCING LIVES BY DELIVERING INNOVATIVE FINANCIAL SERVICE, EDUCATION, AND VALUE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 55,844 MEMBERS.


PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2020, THERE WERE 30,711 LOANS OUTSTANDING TOTALING $411,466,789.


PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $4,435,382 FOR THE YEAR.


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Azura Credit Union Board, Officers & Key Employees

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$27,503,165
Investment income $1,553,468
Tax Exempt Bond Proceeds $0
Royalties $52,284
Net Rental Income $0
Net Gain/Loss on Asset Sales $39,048
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,147,965

Azura Credit Union Grants Awarded

Over the last fiscal year, Azura Credit Union has awarded $119,545 in support to 10 organizations.

Grant RecipientAmount

PARKS FOR ALL FOUNDATION

Org PageRecipient Profile

Topeka, KS

PURPOSE: PARK UPGRADES

$30,000

Topeka, KS

PURPOSE: SERVICES AND SUPPORT FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES

$19,222

MILITARY VETERAN PROJECT INC

PURPOSE: PREVENTION OF MILITARY SUICIDE THROUGH TREATMENT AND RESEARCH

$15,594

TOPEKA RESCUE MISSION INC

Org PageRecipient Profile

Topeka, KS

PURPOSE: HOMELESS SHELTER AND ASSISTANCE

$12,319

BOYS & GIRLS CLUBS OF TOPEKA

Org PageRecipient Profile

Topeka, KS

PURPOSE: YOUTH PROGRAMS

$8,276

GREATER TOPEKA PARTNERSHIP FOUNDATION

Org PageRecipient Profile

Topeka, KS

PURPOSE: BETTERMENT OF THE TOPEKA AREA

$8,000
View Grant Profile

Azura Credit Union Peer Organizations

Organization NameAssets
Elevations Credit Union
Boulder, CO
$149,375,954
Ttcu Federal Credit Union
Tulsa, OK
$107,654,707
Meritrust Credit Union
Wichita, KS
$75,229,939
Westerra Credit Union
Denver, CO
$71,471,009
Credit Union Of America
Wichita, KS
$61,355,535
Credit Unions Chartered In The State Of Colorado
Boulder, CO
$60,792,013
Weokie Federal Credit Union
Oklahoma City, OK
$42,986,888
Golden Plains Credit Union
Garden City, KS
$39,065,233
Credit Union Of Denver
Lakewood, CO
$40,489,630
True Sky Credit Union
Oklahoma City, OK
$31,459,192
Oklahoma Central Credit Union
Tulsa, OK
$29,411,171
Oklahomas Credit Union
Oklahoma City, OK
$32,680,789

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