State Chartered Credit Unions In Louisiana

Organization Overview

State Chartered Credit Unions In Louisiana is located in Lafayette, LA. The organization was established in 1969. 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, State Chartered Credit Unions In Louisiana employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. State Chartered Credit Unions In Louisiana is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, State Chartered Credit Unions In Louisiana generated $10.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $14.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THIS ORGANIZATION PROVIDES OPPORTUNITY FOR THE UNDERSERVED SEGMENT OF THE POPULATION TO INVEST MONEY AND RECEIVE A COMPETITIVE RETURN ON THEIR INVESTMENT AND MAKE LOANS TO PURCHASE VEHICLES, ETC. AT A REASONABLE RATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS ORGANIZATION PROVIDES OPPORTUNITY FOR THE UNDERSERVED SEGMENT OF THE POPULATION TO INVEST MONEY AND RECEIVE A COMPETITIVE RETURN ON THEIR INVESTMENT AND MAKE LOANS TO PURCHASE VEHICLES, ETC. AT A REASONABLE RATE.


THIS ORGANIZATION PROVIDES OPPORTUNITIES FOR THE UNDERSERVED SEGMENT OF THE POPULATION TO INVEST MONEY AND RECEIVE A COMPETITIVE RETURN ON THEIR INVESTMENT AND MAKE LOANS TO PURCHASE VEHICLES, ETC. AT A REASONABLE RATE.


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Board, Officers & Key Employees

Name (title)Compensation
Carol A Gaines
Manager
$3,248
Shirley Auzenne
Teller
$1,983
Henry Eaglin
Security Officer
$600
Tammi J Brown
Manager
$252
John Cedric Dauphin
Chairman
$0
Constance Auzenne
Secretary
$0

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$5,686
Investment income $4,437
Tax Exempt Bond Proceeds $0
Royalties $8
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 $10,131

Peer Organizations

Organization NameAssets
First Central Credit Union
Waco, TX
$12,212,863
Gulf Credit Union
Groves, TX
$15,838,269
Energy Capital Credit Union
Houston, TX
$11,030,260
State Chartered Credit Unions In Louisiana
Lake Charles, LA
$12,096,894
Investex Credit Union
Humble, TX
$10,751,669
Schlumberger Employees Credit Union
Sugar Land, TX
$19,656,324
Plus4 Credit Union
Houston, TX
$9,356,644
Southwest Heritage Credit Union
Odessa, TX
$11,246,334
Membersource Credit Union
Houston, TX
$9,847,092
Community Service Credit Union
Huntsville, TX
$8,942,744
Educators Credit Union
Waco, TX
$11,564,364
Mobility Credit Union
Irving, TX
$12,843,616

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