Nonprofit · EIN 74-0842651
CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION
Tax-exempt · CORP CHRISTI, TX 78408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,086,865 | $787,753 | $299,112 | $15,772,682 | $13,301,704 | $2,470,978 |
| December 31, 2023 | 990 | $984,623 | $708,935 | $275,688 | $15,546,616 | $13,429,872 | $2,116,744 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $803,249
- Investment income
- $283,616
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $150,932
- Salaries, compensation and benefits (total)
- $378,756
- Professional fundraising fees
- $0
- Accounting fees
- $7,484
- Occupancy
- $42,738
- Travel
- $1,200
- Program services (functional)
- $787,753
Balance sheet and other
- Total assets, start of year
- $15,546,616
- Total assets, end of year
- $15,772,682
- Total liabilities, end of year
- $13,301,704
- Net assets, end of year
- $2,470,978
- Land, buildings and equipment
- $48,646
- Gross unrelated business income
- $4,550
- Gross receipts
- $1,086,865
- Employees
- 7
- Volunteers
- 0
- Year formed
- 1931
- State of legal domicile
- TX
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELMA SCHWING | MANAGER/CEO Highest-paid employee | 40 | $151,875 |
| EDWARD TORRES | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| PAUL TERRAZAS | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| ROGELIO REYNA | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| RUDY DOMINGUEZ | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ROBERT LERMA JR | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MATTHEW BARRETT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOSE R GARCIA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOHN A GARCIA | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELMA SCHWING | MANAGER/CEO Highest-paid employee | 40 | $135,225 |
| EDWARD TORRES | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| PAUL TERRAZAS | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| ROGELIO REYNA | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| RUDY DOMINGUEZ | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ROBERT LERMA JR | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MATTHEW BARRETT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOSE R GARCIA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOHN A GARCIA | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 808 NUECES BAY BLVD, CORP CHRISTI, TX 78408-3133
- Principal officer (990 for 2024)
- ELMA SCHWING, 808 NUECES BAY BLVD, CORPUS CHRISTI, TX 78408
- Signed the 990
- ELMA SCHWING, CEO
- Phone
- (361) 888-5871
Mission
TO ENCOURAGE THRIFT AMOUNT MEMBERS, PROVIDING CREDIT AT FAIR AND REASONABLE RATES, AND PROVIDING AN OPPORTUNITY FOR MEMBERS TO IMPROVE THEIR ECONOMIC CONDITION.
Program accomplishments
- THE CREDIT UNION PROVIDES MEMBERS A VARIETY OF BANKING SERVICES INCLUDING LOANS AT COMPETITIVE RATES.Expenses $787,753 · revenue $1,082,315
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 | Not 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
- 74-0842651
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2742: CREDIT UNION DEPARTMENT OF THE STATE OF TEXAS
- Assets (IRS master file)
- $15,772,682
- Income (IRS master file)
- $1,086,865
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,086,865 | $787,753 | $15,772,682 | IRS |
| 990 | December 2023 | $984,623 | $708,935 | $15,546,616 | XML |
| 990 | December 2022 | $851,349 | $692,172 | $15,474,830 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 74-0842651).
Questions about CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION
- What is the EIN of CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION?
- The employer identification number (EIN) of CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION is 74-0842651.
- Is CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION 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 CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2024 names ELMA SCHWING.
- Who are the officers and directors of CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $151,875 (ELMA SCHWING, MANAGER/CEO).
- How much revenue does CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,086,865, expenses of $787,753 and total assets of $15,772,682 at year end.
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- CHRISTUS SPOHN HEALTH SYSTEM CORPORATION EIN 74-1109836 · last filed 990 for 2025
- RALLY CREDIT UNION EIN 74-1237070 · last filed 990 for 2025
- CHILDRENS PHYSICIAN SERVICES OF SOUTH TEXAS EIN 74-2620408 · last filed 990 for 2025
- ED RACHAL FOUNDATION EIN 74-1116595 · last filed 990-PF for 2025
- DRISCOLL HEALTHCARE SERVICES EIN 01-0962276 · last filed 990 for 2025
- DRISCOLL CHILDRENS HOSPITAL DEVELOPMENT FOUNDATION INC EIN 74-2358461 · last filed 990 for 2025