Nonprofit · EIN 74-1592875
AMPLIFY CREDIT UNION
Tax-exempt · AUSTIN, TX 78727
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $91,469,548 | $84,214,734 | $7,254,814 | $1,309,640,133 | $1,182,130,097 | $127,510,036 |
| December 31, 2023 | 990 | $83,598,527 | $76,795,587 | $6,802,940 | $1,420,947,795 | $1,298,474,357 | $122,473,438 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,379,120
- of which government grants
- $4,379,120
- Program service revenue
- $61,524,366
- Investment income
- $25,566,062
- Net gain from sales of assets
- $2,407,797
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $7,927,793
- Other salaries and wages
- $13,539,106
- Salaries, compensation and benefits (total)
- $25,269,069
- Professional fundraising fees
- $0
- Legal fees
- $248,926
- Accounting fees
- $287,400
- Occupancy
- $2,552,727
- Travel
- $126,163
- Depreciation
- $2,216,052
- Program services (functional)
- $84,214,734
Balance sheet and other
- Total assets, start of year
- $1,420,947,795
- Total assets, end of year
- $1,309,640,133
- Total liabilities, end of year
- $1,182,130,097
- Net assets, end of year
- $127,510,036
- Land, buildings and equipment
- $17,351,390
- Publicly traded securities
- $98,970,883
- Gross unrelated business income
- $3,271,915
- Gross receipts
- $91,469,548
- Employees
- 258
- Volunteers
- 0
- Year formed
- 2017
- 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 | Other / benefits |
|---|---|---|---|---|
| KENDALL GARRISON | PRESIDENT - CEO Officer | 40 | $1,101,130 | $32,217 |
| CHARLOTTE P MORRISON | SVP - CIO Officer | 40 | $372,242 | $40,812 |
| STACY R ARMIJO | SVP - CXO Officer | 40 | $374,995 | $28,928 |
| JACKIE YORK | SVP - CFO (THROUGH 9/16/24) Officer | 40 | $372,166 | $12,970 |
| KRISTIN N KELLER | SVP - RE LENDING Officer | 40 | $285,077 | $21,781 |
| JOSE C SAN PEDRO | SVP - LOAN ADMINISTRATION Officer | 40 | $264,203 | $27,687 |
| ANGELA LYNN SHAW | SVP - TALENT Officer | 40 | $249,106 | $17,137 |
| ALAN KEITH JEWELLS | VP - COMMERCIAL LENDING Officer | 40 | $238,174 | $25,788 |
| TERRY NEIL COUNCIL | MORTGAGE LOAN ORIGINATOR Key employee | 40 | $204,469 | $22,840 |
| CHRISTINA RANFT | VP - PROJECT MANAGEMENT Officer | 40 | $193,919 | $31,204 |
| LISA LARSON | VP - PAYMENTS & OPS Officer | 40 | $203,852 | $19,995 |
| JOHN ANTHONY TRAWEEK II | VP - INFORMATION TECHNOLOG Officer | 40 | $187,351 | $25,397 |
| JENNIFER SOBCZYK | VP - CORE PRODUCT MGMT. Officer | 40 | $184,551 | $22,835 |
| ALEXANDER B OLMOS | COMMERCIAL LOAN OFFICER Key employee | 40 | $184,037 | $22,460 |
| ALMA Y PALACIOS | VP - REAL ESTATE OPERATION Officer | 40 | $180,879 | $21,243 |
35 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAZMIN OTERO | VP-RETAIL BANKING Officer | 40 | $165,010 | $30,051 |
| JULIE MACALUSO | CP - COMMERCIAL BANKING Officer | 40 | $170,500 | $21,175 |
| BRUCE SMITH | INFORMATION SECURITY OFFIC Officer | 40 | $174,453 | $13,643 |
| BARBARA CANAN SANTNER | DIRECTOR - MORTGAGE UNDERW Officer | 40 | $179,177 | $7,663 |
| KATRINA JANE CUOCO | SVP - ENTERPRISE RISK MGMT Officer | 40 | $174,107 | $9,383 |
| AMANDA J BEARD | VP - CONSUMER LENDING AND ACCOUNT RESOLUTIONS Officer | 40 | $161,612 | $12,761 |
| SONIA ALTAMIRANO CHAPA | FINANCE DIRECTOR Officer | 40 | $146,244 | $19,030 |
| TERRA VO | MORTGAGE LOAN ORIGINATOR Highest-paid employee | 40 | $146,039 | $16,108 |
| MATTHEW MONAGLE | VP - MARKETING Officer | 40 | $142,311 | $19,713 |
| ADEYINKA ADEMOLA | SR. NETWORK ADMINISTRATOR Highest-paid employee | 40 | $138,497 | $18,441 |
| ALISON HEDGER | SR. ENCOMPASS ADMIN Highest-paid employee | 40 | $143,218 | $12,571 |
| BRIAN BETTENDORF | INFRASTRUCTURE MANAGER Highest-paid employee | 40 | $133,333 | $21,753 |
| FRANK HART | SR. SALESFORCE DEVEL Highest-paid employee | 40 | $139,105 | $14,137 |
| DAVID THIBODEAUX | DIRECTOR - SECURITY AND FA Officer | 40 | $124,536 | $17,193 |
| ZANE HUDSON | DIRECTOR - COMMERCIAL CRED Officer | 40 | $126,035 | $15,633 |
| APRIL SMITH | DIRECTOR - LOAN AND INVESTOR SERVICING Officer | 40 | $133,925 | $7,587 |
| RACHAEL JARAMILLO | DIRECTOR OF SERVICE DELIVERY Officer | 40 | $125,290 | $14,957 |
| HEATHER DAWSON | DIRECTOR - RETAIL BANKING OPERATIONS Officer | 40 | $132,124 | $7,336 |
| PHIL NADOLSKY | DIRECTOR OF CONTACT CENTER OPERATIONS Officer | 40 | $124,491 | $14,073 |
| APRIL HOUSTON | AVP - PAYMENTS AND OPERATI Officer | 40 | $124,194 | $11,391 |
| MICHAEL HOELSCHER | DIRECTOR - ANALYTICS Officer | 40 | $116,773 | $13,251 |
| CONNER LYTLE | DIRECTOR - COMMERCIAL LOAN OPERATIONS Officer | 40 | $96,814 | $17,041 |
| KEVIN GINSBURG | VP - REAL ESTATE PRODUCTION Officer | 40 | $91,483 | $10,649 |
| PAUL GARRIGUES | CHIEF FINANCIAL OFFICER (STARTING 9/16/24) Officer | 40 | $83,716 | $10,382 |
| FELICIA MORALES | DIRECTOR - MARKETING Officer | 40 | $38,655 | $9,012 |
| WILLIE EVERETT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOYCE J SMITH | EMERITUS DIRECTOR Trustee or director | 3 | $0 | $0 |
| LEMUEL WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY DOCHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENDEL MARTIN | BOD CHAIR Trustee or director, Officer | 5.25 | $0 | $0 |
| SAM ROBERTSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SHAKU SELVAKUMAR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| VERONICA STIDVENT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HELYNN NELSON | ADVISORY DIRECTOR Trustee or director | 2 | $0 | $0 |
| ASHLEY PERRYMAN | ADVISORY DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 37 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENDALL GARRISON | PRESIDENT - CEO Officer | 40 | $856,742 | $41,621 |
| STACY R ARMIJO | SVP - CXO Officer | 40 | $514,713 | $37,010 |
| CHARLOTTE P MORRISON | SVP - CIO Officer | 40 | $406,292 | $39,564 |
| KRISTIN N KELLER | VP - RE LENDING Officer | 40 | $352,177 | $27,951 |
| JACKIE YORK | SVP - CFO Officer | 40 | $362,194 | $16,189 |
| ALAN KEITH JEWELLS | VP - COMMERCIAL LENDING Officer | 40 | $314,186 | $29,951 |
| ALEXANDER B OLMOS | COMMERCIAL LOAN OFFICER Key employee | 40 | $275,262 | $26,812 |
| KEVIN ANDREW GINSBURG | VP - RE PRODUCTION Officer | 40 | $264,243 | $32,785 |
| JOSE C SAN PEDRO | SVP - LOAN ADMINISTRATION Officer | 40 | $262,639 | $28,790 |
| ALMA Y PALACIOS | VP - REAL ESTATE OPERATION Officer | 40 | $232,753 | $31,391 |
| ANGELA LYNN SHAW | SVP - TALENT Officer | 40 | $223,703 | $23,757 |
| LISA LARSON | VP - PAYMENTS & OPS Officer | 40 | $213,149 | $23,946 |
| CHRISTINA RANFT | VP - PROJECT MANAGEMENT Officer | 40 | $196,449 | $23,094 |
| JAZMIN OTERO | VP-RETAIL BANKING Officer | 40 | $183,281 | $29,643 |
| JOHN ANTHONY TRAWEEK II | VP - INFORMATION TECHNOLOGY Officer | 40 | $181,645 | $29,927 |
| JENNIFER SOBCZYK | VP - CORE PRODUCT MGMT. Officer | 40 | $183,039 | $22,457 |
| TERRY NEIL COUNCIL | DIRECTOR - RETAIL MORTG PROD Key employee | 40 | $171,289 | $22,109 |
| BRUCE MELTON SMITH | INFORMATION SECURITY OFFIC Key employee | 40 | $168,515 | $17,776 |
| RENE FLORES | VP - COMMERCIAL LOAN OFFIC Key employee | 40 | $171,641 | $14,365 |
| BARBARA CANAN SANTNER | DIRECTOR - MORTGAGE UNDERWRITING Key employee | 40 | $172,272 | $5,050 |
| ROBERT ALMAND | AVP - THIRD PARTY LENDING Officer | 40 | $152,800 | $16,335 |
| SONIA ALTAMIRANO CHAPA | FINANCE DIRECTOR Highest-paid employee | 40 | $140,649 | $27,535 |
| KATRINA JANE CUOCO | VP - ENTERPRISE RISK MGMT Officer | 40 | $156,230 | $9,040 |
| DAVID THIBODEAUX | DIRECTOR - SECURITY AND FA Highest-paid employee | 40 | $139,619 | $25,366 |
| ALISON HEDGER | SR. ENCOMPASS ADMIN Highest-paid employee | 40 | $141,172 | $15,046 |
| FRANK HART | SR. SALESFORCE DEVEL Highest-paid employee | 40 | $138,280 | $17,821 |
| AMANDA J BEARD | AVP - ACCOUNT RESOLUTION Officer | 40 | $149,025 | $6,034 |
| ZANE HUDSON | DIRECTOR - COMMERCIAL CREDIT Highest-paid employee | 40 | $133,645 | $19,431 |
| APRIL HOUSTON | AVP - PAYMENTS AND OPERATIONS Officer | 40 | $127,066 | $16,251 |
| WILLIE EVERETT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SAM ROBERTSON | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| JOYCE J SMITH | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| LEMUEL WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY DOCHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENDEL MARTIN | CHAIR Trustee or director, Officer | 5.25 | $0 | $0 |
| SHAKU SELVAKUMAR | ADVISORY DIRECTOR Trustee or director | 2 | $0 | $0 |
| VERONICA V STIDVENT | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3600 W PARMER LN, AUSTIN, TX 78727-4107
- In care of
- % PAYMENTS & OPERATIONS
- Principal officer (990 for 2024)
- KENDALL GARRISON, 3600 W PARMER LANE, AUSTIN, TX 78727
- Signed the 990
- PAUL GARRIGUES, CFO
- Phone
- (512) 836-5901
- Website
- HTTPS://WWW.GOAMPLIFY.COM/
- Return prepared by
- JRBT PC
Mission
TO IMPROVE THE LIVES OF OUR MEMBERS AND THE STRENGTH OF OUR COMMUNITIES.
Program accomplishments
- AMPLIFY PROVIDES CERTIFICATES OF DEPOSIT, SHARE ACCOUNTS AND CHECKING ACCOUNTS TO MEMBERS. THE CREDIT UNION PAYS INTEREST ON THE SAVINGS AND TIME DEPOSITS. IN ADDITION, THE CREDIT UNION PROVIDES VARIOUS TYPES OF LOANS TO ITS MEMBERS, INCLUDING RESIDENTIAL AND HOME EQUITY LOANS, AUTO LOANS, BUSINESS LOANS, AND CONSUMER LOANS. THE CREDIT UNION SERVICES LOANS FOR ITS MEMBERS AND OTHER FINANCIAL INSTITUTIONS.Expenses $84,214,734 · revenue $58,252,450
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
- 74-1592875
- 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)
- $1,309,640,133
- Income (IRS master file)
- $91,469,548
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $91,469,548 | $84,214,734 | $1,309,640,133 | XML |
| 990 | December 2023 | $83,598,527 | $76,795,587 | $1,420,947,795 | XML |
| 990 | December 2022 | $86,404,873 | $62,899,208 | $1,525,654,462 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 74-1592875).
Questions about AMPLIFY CREDIT UNION
- What is the EIN of AMPLIFY CREDIT UNION?
- The employer identification number (EIN) of AMPLIFY CREDIT UNION is 74-1592875.
- Is AMPLIFY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to AMPLIFY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMPLIFY 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 AMPLIFY 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 AMPLIFY 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 AMPLIFY CREDIT UNION?
- The 990 for the year ended December 31, 2024 names KENDALL GARRISON.
- Who are the officers and directors of AMPLIFY CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 50 people; 40 received compensation from the organization, the highest $1,101,130 (KENDALL GARRISON, PRESIDENT - CEO).
- How much revenue does AMPLIFY CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $91,469,548, expenses of $84,214,734 and total assets of $1,309,640,133 at year end.
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