Azura Credit Union

Organization 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 12/2021, Azura Credit Union employed 214 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 12/2021, Azura Credit Union generated $34.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $24.3m during the year ending 12/2021. While expenses have increased by 14.9% per year over the past 7 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.

Since 2020, Azura Credit Union has awarded 29 individual grants totaling $363,638. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

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 58,187 MEMBERS.


PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2021, THERE WERE 32,022 MEMBER LOANS OUTSTANDING TOTALING $455,603,830.


PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $3,798,506 FOR THE YEAR.


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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$32,723,153
Investment income $1,185,704
Tax Exempt Bond Proceeds $0
Royalties $49,156
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $33,958,013

Grants Awarded

Over the last fiscal year, Azura Credit Union has awarded $124,548 in support to 9 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

$21,501

MILITARY VETERAN PROJECT INC

PURPOSE: PREVENTION OF MILITARY SUICIDE THROUGH TREATMENT AND RESEARCH

$17,896

TOPEKA RESCUE MISSION INC

Org PageRecipient Profile

Topeka, KS

PURPOSE: HOMELESS SHELTER AND ASSISTANCE

$14,433

BOYS & GIRLS CLUBS OF TOPEKA

Org PageRecipient Profile

Topeka, KS

PURPOSE: YOUTH PROGRAMS

$9,764

HARVESTERS-THE COMMUNITY FOOD NETWORK

Org PageRecipient Profile

Kansas City, MO

PURPOSE: FOOD PANTRY

$9,322
View Grant Profile

Peer Organizations

Organization NameAssets
Meritrust Credit Union
Wichita, KS
$48,306,293
True Sky Credit Union
Oklahoma City, OK
$47,281,663
Weokie Federal Credit Union
Oklahoma City, OK
$42,986,888
Golden Plains Credit Union
Garden City, KS
$40,747,458
Credit Union Of Denver
Lakewood, CO
$39,919,680
Oklahomas Credit Union
Oklahoma City, OK
$32,235,785
Azura Credit Union
Topeka, KS
$33,958,013
Millennium Corporate Credit Union
Wichita, KS
$44,466,623
Oklahoma Central Credit Union
Tulsa, OK
$26,539,012
Liberty First Credit Union
Lincoln, NE
$27,721,129
Heartland Credit Union
Hutchinson, KS
$30,631,369
Sooper Credit Union
Arvada, CO
$25,522,076

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