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Nonprofit · EIN 56-0634448

STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA

Also known as BLUE FLAME CREDIT UNION

Tax-exempt · CHARLOTTE, NC 28273

Financials

$1.3M$2.1M2023$1.5M$2M2024$1.7M$2.2M2025
Revenue Expenses · by fiscal year end
Financials of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,665,460$2,154,805-$489,345$29,890,295$26,372,905$3,517,390
December 31, 2024990$1,466,305$2,017,209-$550,904$28,554,173$24,547,438$4,006,735
December 31, 2023990$1,325,679$2,148,826-$823,147$29,628,187$25,070,548$4,557,639
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,589,821
Investment income
$70,470
Other revenue
$5,169

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$113,280
Other salaries and wages
$387,285
Salaries, compensation and benefits (total)
$659,632
Professional fundraising fees
$0
Accounting fees
$190,544
Occupancy
$38,469
Travel
$2,138
Depreciation
$150,912
Program services (functional)
$2,154,805

Balance sheet and other

Total assets, start of year
$28,554,173
Total assets, end of year
$29,890,295
Total liabilities, end of year
$26,372,905
Net assets, end of year
$3,517,390
Land, buildings and equipment
$4,028,995
Gross unrelated business income
$6,644
Gross receipts
$1,665,460
Employees
7
Volunteers
11
Year formed
1954
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
CHARLES LOWECEO
Officer
40$114,006
MICHAEL DYCHESBOARD CHAIRPERSON
Trustee or director
2$0
VIRGINIA PARKERBOARD VICE CHAIRPERSON
Trustee or director
2$0
TRUDY WIKEBOARD SECRETARY
Trustee or director
2$0
LARRY PETTISBOARD TREASURER
Trustee or director
2$0
LISA MCCARTERBOARD MEMBER
Trustee or director
2$0
RANDY BOSTBOARD MEMBER
Trustee or director
2$0
KEVIN SELLBOARD MEMBER
Trustee or director
2$0
LINDA SEAWELLBOARD MEMBER
Trustee or director
2$0
MILTON HENDERSONBOARD MEMBER
Trustee or director
2$0
JOEL ZIELAZIENSKIBOARD MEMBER
Trustee or director
2$0
RICKY SIMPSONBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
CHARLES LOWECEO
Officer
40$113,279
MICHAEL DYCHESBOARD CHAIRPERSON
Trustee or director
2$0
VIRGINIA PARKERBOARD VICE CHAIRPERSON
Trustee or director
2$0
TRUDY WIKEBOARD SECRETARY
Trustee or director
2$0
LARRY PETTISBOARD TREASURER
Trustee or director
2$0
LISA MCCARTERBOARD MEMBER
Trustee or director
2$0
RANDY BOSTBOARD MEMBER
Trustee or director
2$0
KEVIN SELLBOARD MEMBER
Trustee or director
2$0
LINDA SEAWELLBOARD MEMBER
Trustee or director
2$0
RANDY YOUNGBOARD MEMBER
Trustee or director
2$0
MILTON HENDERSONBOARD MEMBER
Trustee or director
2$0
JOEL ZIELAZIENSKIBOARD MEMBER
Trustee or director
2$0
RICKY SIMPSONBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
CHARLES LOWECEO
Officer
40$108,090
MICHAEL DYCHESBOARD CHAIRPERSON
Trustee or director
2$0
VIRGINIA PARKERBOARD VICE CHAIRPERSON
Trustee or director
2$0
TRUDY WIKEBOARD SECRETARY
Trustee or director
2$0
LARRY PETTISBOARD TREASURER
Trustee or director
2$0
LISA MCCARTERBOARD MEMBER
Trustee or director
2$0
RANDY BOSTBOARD MEMBER
Trustee or director
2$0
YVONNE DARNELLBOARD MEMBER
Trustee or director
2$0
KEVIN SELLBOARD MEMBER
Trustee or director
2$0
LINDA SEAWELLBOARD MEMBER
Trustee or director
2$0
RANDY YOUNGBOARD MEMBER
Trustee or director
2$0
MILTON HENDERSONBOARD MEMBER
Trustee or director
2$0
JOEL ZIELAZIENSKIBOARD MEMBER
Trustee or director
2$0
RICKY SIMPSONBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2000 CONTINENTAL BLVD, CHARLOTTE, NC 28273-6375
In care of
% CHARLES LOWE
Principal officer (990 for 2025)
CHARLES LOWE, 2000 CONTINENTAL BLVD, CHARLOTTE, NC 282736375
Signed the 990
CHARLES, LOWE
Phone
(704) 523-0075
Return prepared by
Ewart & Associates LLC

Mission

PROGRAMS OF CREDIT UNIONS WHICH OFFER A WIDE VARIETY OF PERSONAL FINANCIAL SERVICES EXCLUSIVELY TO THEIR MEMBERS.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDING CREDIT UNION SERVICES
    Expenses $2,154,805 · revenue $1,658,816

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0634448
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1969
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$29,890,295
Income (IRS master file)
$1,665,460

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,665,460$2,154,805$29,890,295XML
990December 2024$1,466,305$2,017,209$28,554,173XML
990December 2023$1,325,679$2,148,826$29,628,187XML
990December 2022$1,251,970$1,488,970$32,790,566IRS
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 56-0634448).

Questions about STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA

What is the EIN of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
The employer identification number (EIN) of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA is 56-0634448.
Is STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
Are donations to STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA 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 STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA 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 STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA 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 STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
The 990 for the year ended December 31, 2025 names CHARLES LOWE.
Who are the officers and directors of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $114,006 (CHARLES LOWE, CEO).
How much revenue does STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,665,460, expenses of $2,154,805 and total assets of $29,890,295 at year end.

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