Nonprofit · EIN 74-6053874
COBURN CREDIT UNION
Tax-exempt · BEAUMONT, TX 77701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $247,312 | $299,415 | -$52,103 | $5,592,986 | $4,145,377 | $1,447,609 |
| December 31, 2024 | 990 | $277,631 | $263,854 | $13,777 | $5,792,048 | $4,292,336 | $1,499,712 |
| December 31, 2023 | 990 | $270,175 | $198,879 | $71,296 | $6,445,833 | $4,959,898 | $1,485,935 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $187,766
- Investment income
- $59,546
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $54,032
- Salaries, compensation and benefits (total)
- $73,184
- Professional fundraising fees
- $0
- Legal fees
- $57,716
- Accounting fees
- $4,000
Balance sheet and other
- Total assets, start of year
- $5,792,048
- Total assets, end of year
- $5,592,986
- Total liabilities, end of year
- $4,145,377
- Net assets, end of year
- $1,447,609
- Gross receipts
- $247,312
- Employees
- 1
- Year formed
- 2014
- 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 |
|---|---|---|---|
| CASSANDRA LAWS | MANAGER CEO Officer | 40 | $54,032 |
| HANNAH PERRIO | SECRETARY Trustee or director | 2 | $0 |
| TAMI LOCKARD | TREASURER Officer | 2 | $0 |
| MATTHEW MCKENZIE | VICE CHAIRMA Officer | 2 | $0 |
| QUANG TRAN | CHAIRMAN Officer | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CASSANDRA LAWS | MANAGER CEO Officer | 40 | $57,179 |
| HANNAH PERRIO | SECRETARY Trustee or director | 2 | $0 |
| TAMI LOCKARD | TREASURER Officer | 2 | $0 |
| MATTHEW MCKENZIE | VICE CHAIRMA Officer | 2 | $0 |
| QUANG TRAN | CHAIRMAN Officer | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CASSANDRA LAWS | MANAGER CEO Officer | 25 | $31,928 |
| HANNAH PERRIO | SECRETARY Trustee or director | 2 | $0 |
| TAMI LOCKARD | TREASURER Officer | 2 | $0 |
| MATTHEW MCKENZIE | VICE CHAIRMA Officer | 1 | $0 |
| QUANG TRAN | CHAIRMAN Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 350 PINE ST STE 850, BEAUMONT, TX 77701-2435
- Mailing address (990-N for 2021)
- 350 PINE ST STE 850, BEAUMONT TX 777012435
- Principal officer (990 for 2025)
- CASSANDRA LAWS
- Principal officer (990-N for 2021)
- Debra Norman, 350 Pine St, Suite 850, Beaumont TX 77701
- Signed the 990
- CASSANDRA LAWS, MANAGER CEO
- Phone
- (409) 838-9957
- Website
- WWW.COBURNCU.COM
- Return prepared by
- FMW PC CPA'S
Mission
PROMOTE SAVINGS AND BE A PLACE OF BORROWING FOR COOP
Program accomplishments
- VOLUNTARY, COOPERATIVE, NON-PROFIT INSTITUTIONS (CREDIT UNIONS), INCORPORATED UNDER THE PROVISIONS OF THE TEXAS CREDIT UNION ACT, FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG THEIR MEMBERS, PROVIDING CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND PROVIDING AN OPPORTUNITY TO IMPROVE THEIR ECONOMIC CONDITION.
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
- 74-6053874
- 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)
- $5,592,986
- Income (IRS master file)
- $247,312
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $247,312 | $299,415 | $5,592,986 | XML |
| 990 | December 2024 | $277,631 | $263,854 | $5,792,048 | XML |
| 990 | December 2023 | $270,175 | $198,879 | $6,445,833 | XML |
| 990 | December 2022 | $220,750 | $155,719 | $7,576,649 | IRS |
| 990-N for 2021 Officer: Debra Norman | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: Debra Norman | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
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 74-6053874).
Questions about COBURN CREDIT UNION
- What is the EIN of COBURN CREDIT UNION?
- The employer identification number (EIN) of COBURN CREDIT UNION is 74-6053874.
- Is COBURN CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to COBURN CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COBURN 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 COBURN 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 COBURN 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 COBURN CREDIT UNION?
- The 990 for the year ended December 31, 2025 names CASSANDRA LAWS.
- Who are the officers and directors of COBURN CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $54,032 (CASSANDRA LAWS, MANAGER CEO).
- How much revenue does COBURN CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $247,312, expenses of $299,415 and total assets of $5,592,986 at year end.
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