Nonprofit · EIN 75-0869112
SWEETEX CREDIT UNION
Tax-exempt · LONGVIEW, TX 75604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $419,481 | $306,170 | $113,311 | $9,279,625 | $5,613,953 | $3,665,672 |
| December 31, 2024 | 990 | $359,202 | $328,490 | $30,712 | $9,415,036 | $5,862,675 | $3,552,361 |
| December 31, 2023 | 990 | $291,719 | $290,575 | $1,144 | $10,035,093 | $6,513,444 | $3,521,649 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $180,203
- Investment income
- $239,278
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $98,864
- Other salaries and wages
- $20,080
- Salaries, compensation and benefits (total)
- $155,187
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $9,415,036
- Total assets, end of year
- $9,279,625
- Total liabilities, end of year
- $5,613,953
- Net assets, end of year
- $3,665,672
- Land, buildings and equipment
- $4,903
- Gross receipts
- $419,481
- Employees
- 3
- Volunteers
- 5
- Year formed
- 1952
- 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 | Other / benefits |
|---|---|---|---|---|
| LAWANDA DRENNAN | PRESIDENT/CEO Officer, Key employee, Highest-paid employee | 40 | $98,864 | $13,700 |
| RITA HOGAN | BOARD CHAIRMAN Trustee or director | 2 | $0 | $0 |
| RAYMOND F TAYLOR | BOARD VICE CHAIRMAN Trustee or director | 2 | $0 | $0 |
| RONALD TEVEBAUGH | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| LINDA DAILEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRYAN BLANTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAWANDA DRENNAN | PRESIDENT/CEO Officer, Key employee, Highest-paid employee | 40 | $88,336 | $18,000 |
| RITA HOGAN | BOARD CHAIRMAN Trustee or director | 2 | $0 | $0 |
| RAYMOND F TAYLOR | BOARD VICE CHAIRMAN Trustee or director | 2 | $0 | $0 |
| RONALD TEVEBAUGH | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| LINDA DAILEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRYAN BLANTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAWANDA DRENNAN | PRESIDENT/CEO Officer, Key employee | 40 | $84,067 | $15,800 |
| RITA HOGAN | BOARD CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| RAYMOND F TAYLOR | BOARD VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| RONALD TEVEBAUGH | DIRECTOR Trustee or director, Officer | 1.5 | $0 | $0 |
| LINDA DAILEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRYAN BLANTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4421 W LOOP 281, LONGVIEW, TX 75604-5552
- Mailing address (990-N for 2007)
- PO Box 2312, Longview TX 75606
- Principal officer (990 for 2025)
- LAWANDA DRENNAN, 4421 W LOOP 281, LONGVIEW, TX 75604
- Principal officer (990-N for 2007)
- LaWanda Drennan, PO Box 2312, Longview TX 75606
- Signed the 990
- LaWanda Drennan, President
- Phone
- (903) 753-1150
Mission
SWEETEX CREDIT UNION OFFERS SAVINGS AND LOANS TO A SINGLE EMPLOYEE GROUP AND THEIR FAMILIES AT ECONOMICAL RATES AND ENCOURAGES THE FINANCIAL HEALTH OF OUR MEMBER-OWNERS
Program accomplishments
- MEMBER SHARE/SAVINGS ACCOUNTS-SWEETEX CREDIT UNION'S SHARE/SAVINGS ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD MORE THAN 1000 MEMBER OWNED ACCOUNTS ON DECEMBER 31, 2012. MEMBER ACCOUNTS ARE PAID DIVIDENDS MONTHLY WITH AVAILABILITY OF DIRECT DEPOSIT AND ACH FOR TRANSACTIONS. THE CREDIT UNION ENCOURAGES THE DEVELOPMENT OF SAVING HABITS.
- CONSUMER LOANS-SWEETEX CREDIT UNION HAS PROVIDED VEHICLE AND OTHER SECURED LOANS SINCE ITS BEGINNING IN 1952. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RV'S, BOATS, MOTORCYCLES, NEW AND USED AUTOS, AND UNSECURED LOANS. CONSUMER CREDIT LIFE AND DISABILITY INSURANCE AND GUARANTEED AUTO BALANCE PROTECTION COVERAGE ARE AVAILABLE AT GROUP RATES JUST FOR OUR MEMBER BORROWERS.
- HOME LOANS-SWEETEX CREDIT UNION HAS BEEN OFFERING HOME LOANS FOR OVER 20 YEARS AT COMPETITIVE RATES TO ITS MEMBERSHIP AND BEGAN OFFERING HOME EQUITY LOANS IN RECENT YEARS. THE CREDIT UNION CURRENTLY BOOKS THESE LOANS IN-HOUSE TO MATURITY. SWEETEX IS VERY CONSERVATIVE IN IT'S MORTGAGE LENDING, ONLY FINANCING 80%OR LESS LOAN TO VALUE FOR A TERM OF 20 OR LESS YEARS.
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
- 75-0869112
- 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)
- $9,279,625
- Income (IRS master file)
- $419,481
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $419,481 | $306,170 | $9,279,625 | IRS |
| 990 | December 2024 | $359,202 | $328,490 | $9,415,036 | IRS |
| 990 | December 2023 | $291,719 | $290,575 | $10,035,093 | XML |
| 990 | December 2022 | $274,097 | $261,928 | $10,947,699 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: LaWanda Drennan | December 31, 2007 | ≤ $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 75-0869112).
Questions about SWEETEX CREDIT UNION
- What is the EIN of SWEETEX CREDIT UNION?
- The employer identification number (EIN) of SWEETEX CREDIT UNION is 75-0869112.
- Is SWEETEX CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to SWEETEX CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SWEETEX 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 SWEETEX 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 SWEETEX 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 SWEETEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 names LAWANDA DRENNAN.
- Who are the officers and directors of SWEETEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $98,864 (LAWANDA DRENNAN, PRESIDENT/CEO).
- How much revenue does SWEETEX CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $419,481, expenses of $306,170 and total assets of $9,279,625 at year end.
Other nonprofits in LONGVIEW
- NORTHEAST TEXAS ELECTRIC COOP INC EIN 75-1615421 · last filed 990 for 2024
- LETOURNEAU UNIVERSITY EIN 75-1081109 · last filed 990 for 2025
- EAST TEXAS PROFESSIONAL CREDIT UNION EIN 75-0913075 · last filed 990 for 2025
- SPECIAL HEALTH RESOURCES FOR TEXAS INCORPORATED EIN 75-2405203 · last filed 990 for 2024
- LONGVIEW WELLNESS CENTER INC EIN 75-2723993 · last filed 990 for 2024
- EAST TEXAS ADVANCED ACADEMIES EIN 83-0920571 · last filed 990 for 2025
- CHAMPION EMS EIN 75-2747708 · last filed 990 for 2025
- GSHS ADMINISTRATIVE SERVICES ORGANIZATION INC EIN 86-1132471 · last filed 990 for 2025