Nonprofit · EIN 74-1200392
TEX MEX CREDIT UNION
Tax-exempt · LAREDO, TX 78040
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $643,223 | $1,195,324 | -$552,101 | $8,231,198 | $6,203,335 | $2,027,863 |
| December 31, 2024 | 990 | $751,694 | $856,736 | -$105,042 | $9,462,686 | $6,897,420 | $2,565,266 |
| December 31, 2023 | 990 | $782,599 | $797,003 | -$14,404 | $10,443,454 | $7,773,146 | $2,670,308 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $585,006
- Investment income
- $38,317
- Net rental income
- $19,900
- Other revenue
- $19,900
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,000
- Other salaries and wages
- $140,107
- Salaries, compensation and benefits (total)
- $227,658
- Professional fundraising fees
- $0
- Legal fees
- $35,162
- Accounting fees
- $67,869
- Occupancy
- $33,050
- Depreciation
- $7,530
- Program services (functional)
- $1,195,324
Balance sheet and other
- Total assets, start of year
- $9,462,686
- Total assets, end of year
- $8,231,198
- Total liabilities, end of year
- $6,203,335
- Net assets, end of year
- $2,027,863
- Land, buildings and equipment
- $241,082
- Gross unrelated business income
- $3,622
- Gross receipts
- $643,223
- Employees
- 14
- Volunteers
- 0
- Year formed
- 1953
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CESAR OLDHAM | PRESIDENT/CEO Key employee, Highest-paid employee | 40 | $65,000 |
| CESAR CABELLO | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| JOSEPH JACKSON | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| MANUEL URIBE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| JOSE SOSA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MANUEL SANCHEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| OSCAR MONTEMAYOR | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOHN REPETTO | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID VEGA | PRESIDENT/CEO Key employee, Highest-paid employee | 40 | $82,000 |
| CESAR CABELLO | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| JOSEPH JACKSON | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| MANUEL URIBE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| JOSE SOSA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MANUEL SANCHEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| IRMA DEL BARRIO | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID VEGA | PRESIDENT/CEO Key employee, Highest-paid employee | 40 | $51,211 |
| CESAR CABELLO | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 |
| JOSEPH JACKSON | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| MANUEL URIBE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| JOSE SOSA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MANUEL SANCHEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| IRMA DEL BARRIO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ORLANDO NAVARRO | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1420 CEDAR AVE, LAREDO, TX 78040-7956
- Principal officer (990 for 2025)
- CESAR OLDHAM, 1420 CEDAR AVE, LAREDO, TX 78040
- Signed the 990
- CESAR OLDHAM, CEO
- Phone
- (956) 722-1032
- Return prepared by
- Greg R Schmidt CPA
Mission
TO PROVIDE FINANCIAL SERVICES TO ITS MEMBERS AT COMPETITIVE PRICES
Program accomplishments
- TEX MEX OFFERS ALL TYPES OF LOAN PRODUCTS AT COMPETITIVE RATES
- TEX MEX OFFERS DEPOSIT PRODUCTS AT COMPETITIVE RATES
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 | 990 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
- 74-1200392
- 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)
- $8,231,198
- Income (IRS master file)
- $643,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $643,223 | $1,195,324 | $8,231,198 | IRS |
| 990 | December 2024 | $751,694 | $856,736 | $9,462,686 | XML |
| 990 | December 2023 | $782,599 | $797,003 | $10,443,454 | XML |
| 990 | December 2022 | $705,008 | $649,031 | $12,340,655 | 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 74-1200392).
Questions about TEX MEX CREDIT UNION
- What is the EIN of TEX MEX CREDIT UNION?
- The employer identification number (EIN) of TEX MEX CREDIT UNION is 74-1200392.
- Is TEX MEX CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to TEX MEX CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TEX MEX 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 TEX MEX CREDIT UNION 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 TEX MEX CREDIT UNION 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 TEX MEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 names CESAR OLDHAM.
- Who are the officers and directors of TEX MEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $65,000 (CESAR OLDHAM, PRESIDENT/CEO).
- How much revenue does TEX MEX CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $643,223, expenses of $1,195,324 and total assets of $8,231,198 at year end.
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