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Sharefax Credit Union Inc

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$22.2M (2023)

Expenses
$20.9M (2023)

Total Assets
$505M (2023)

Total Liabilities
$1.94M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,202,217
Expenses
$20,903,477
Net Income
$1,298,740
Net Assets
$502,745,435
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,083,575
67.9%
Investment Income $2,110,007
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,754
0.1%
Net Inventory Sales $0
Other Revenue $4,992,881
22.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $723,734
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,585,214
21.9%
Assets/Debt
Total Assets $504,681,218
Total Liabilities $1,935,783
Net Assets $502,745,435
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Todd Cain (President/Ceo) $277,018 $0 $7,805
Carrie Cox (Cfo (Former)) $153,471 $0 $10,065
Carl Fite (Vp Information System) $147,901 $0 $7,354
Margaret Moffitt (Vp Operations) $145,245 $0 $12,533
Dennis Messer (Director) $0 $0 $0
Daniel Murphy (Vice Chairperson) $0 $0 $0
C David Taylor (Director) $0 $0 $0
Susan S Ochs (Treasurer) $0 $0 $0
Tyrone Ugarte (Director) $0 $0 $0
Mark Fox (Secretary) $0 $0 $0
David Aaronson (Chairperson) $0 $0 $0
Charles Hertlein Jr (Director) $0 $0 $0
Deborah Johnson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,157,504
Expenses
$16,363,570
Net Income
$1,793,934
Net Assets
$494,611,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,863,371
65.3%
Investment Income $1,265,634
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,028,499
27.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $743,179
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,100,447
25.1%
Assets/Debt
Total Assets $514,929,234
Total Liabilities $20,317,334
Net Assets $494,611,900
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo (Former)) $334,149 $0 $19,151
Carrie Cox (Cfo) $140,721 $0 $9,403
Margaret Moffitt (Vp Operations) $135,121 $0 $14,600
Carl Fite (Vp Information System) $133,188 $0 $6,965
Dennis Messer (Director) $0 $0 $0
Daniel Murphy (Vice Chairperson) $0 $0 $0
C David Taylor (Director) $0 $0 $0
Susan S Ochs (Treasurer) $0 $0 $0
Tyrone Ugarte (Director) $0 $0 $0
Mark Fox (Secretary) $0 $0 $0
David Aaronson (Chairperson) $0 $0 $0
Charles Hertlein Jr (Director) $0 $0 $0
Todd Cain (President/Ceo (Current)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,127,744
Expenses
$14,582,593
Net Income
$2,545,151
Net Assets
$475,079,750
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,914,047
63.7%
Investment Income $1,177,668
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,036,029
29.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $473,738
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,921,115
26.9%
Assets/Debt
Total Assets $476,733,976
Total Liabilities $1,654,226
Net Assets $475,079,750
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $337,267 $0 $27,092
Carrie Cox (Cfo) $136,471 $0 $20,007
Margaret Moffitt (Vp Operations) $135,873 $0 $22,061
Carl Fite (Vp Information System) $132,174 $0 $14,384
Dennis Messer (Chairperson) $0 $0 $0
Daniel Murphy (Board Secretary) $0 $0 $0
C David Taylor (Board Member) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Member) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Vice Chairperson) $0 $0 $0
Monica Palkovic (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,755,561
Expenses
$14,250,112
Net Income
$2,505,449
Net Assets
$429,266,663
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,893,979
65.0%
Investment Income $1,598,990
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,262,592
25.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $450,776
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,594,611
25.2%
Assets/Debt
Total Assets $430,891,781
Total Liabilities $1,625,118
Net Assets $429,266,663
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $316,313 $0 $30,681
Carrie Cox (Cfo) $134,464 $0 $17,963
Margaret Moffitt (Vp Operations) $130,991 $0 $19,435
Carl Fite (Vp Information System) $123,212 $0 $12,945
Dennis Messer (Chairperson) $0 $0 $0
Daniel Murphy (Board Secretary) $0 $0 $0
C David Taylor (Board Member) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Member) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Vice Chairperson) $0 $0 $0
Monica Palkovic (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,312,623
Expenses
$16,029,243
Net Income
$2,283,380
Net Assets
$394,604,614
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,824,587
59.1%
Investment Income $2,031,211
11.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,456,825
29.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $309,592
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,636,817
22.7%
Assets/Debt
Total Assets $397,226,742
Total Liabilities $2,622,128
Net Assets $394,604,614
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $309,592 $0 $21,633
Dennis Messer (Vice Chairperson) $0 $0 $0
Daniel Murphy (Board Secretary) $0 $0 $0
C David Taylor (Board Member) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Chairperson) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Board Member) $0 $0 $0
Monica Palkovic (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,097,262
Expenses
$14,491,642
Net Income
$2,605,620
Net Assets
$380,693,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,030,027
58.7%
Investment Income $1,594,964
9.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,472,271
32.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $301,860
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $382,579,997
Total Liabilities $1,886,132
Net Assets $380,693,865
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $301,860 $0 $20,134
Dennis Messer (Vice Chairperson) $0 $0 $0
Daniel Murphy (Board Secretary) $0 $0 $0
C David Taylor (Board Member) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Chairperson) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Board Member) $0 $0 $0
Philip Carlberg (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,672,891
Expenses
$12,779,480
Net Income
$1,893,411
Net Assets
$370,222,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,174,060
55.7%
Investment Income $1,411,827
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,087,004
34.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $275,720
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $371,991,602
Total Liabilities $1,768,746
Net Assets $370,222,856
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $275,720 $0 $20,024
Dennis Messer (Vice Chairperson) $0 $0 $0
Daniel Murphy (Board Secretary) $0 $0 $0
C David Taylor (Board Member) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Chairperson) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Board Member) $0 $0 $0
Philip Carlberg (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,362,498
Expenses
$11,874,783
Net Income
$1,487,715
Net Assets
$358,437,119
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,684,058
57.5%
Investment Income $1,041,457
7.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,636,983
34.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $263,897
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $360,080,858
Total Liabilities $1,643,739
Net Assets $358,437,119
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $263,897 $0 $21,397
Dennis Messer (Board Member) $0 $0 $0
Daniel Murphy (Board Chairman) $0 $0 $0
C David Taylor (Board Vice Secretary) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Secretary) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Board Member) $0 $0 $0
Philip Carlberg (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,325,784
Expenses
$12,128,163
Net Income
$1,197,621
Net Assets
$338,867,553
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,792,163
58.5%
Investment Income $975,651
7.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,557,970
34.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $276,576
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $340,543,011
Total Liabilities $1,675,458
Net Assets $338,867,553
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $276,576 $0 $11,499
Dennis Messer (Board Member) $0 $0 $0
Daniel Murphy (Board Chairman) $0 $0 $0
C David Taylor (Board Vice Secretary) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Secretary) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Board Member) $0 $0 $0
Cary Brewer (Board Member) $0 $0 $0
Philip Carlberg (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,321,909
Expenses
$10,812,672
Net Income
$2,509,237
Net Assets
$324,104,431
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,358,616
55.2%
Investment Income $1,326,798
10.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,636,495
34.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $254,002
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,739,321
25.3%
Assets/Debt
Total Assets $325,526,270
Total Liabilities $1,421,839
Net Assets $324,104,431
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $254,002 $0 $11,893
Dennis Messer (Board Member) $0 $0 $0
Daniel Murphy (Board Chairman) $0 $0 $0
C David Taylor (Board Vice Secretary) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Secretary) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Board Member) $0 $0 $0
Cary Brewer (Board Member) $0 $0 $0
Philip Carlberg (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,173,855
Expenses
$9,959,134
Net Income
$3,214,721
Net Assets
$314,397,922
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,090,068
53.8%
Investment Income $908,967
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,174,820
39.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $255,189
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,617,966
26.3%
Assets/Debt
Total Assets $315,624,577
Total Liabilities $1,226,655
Net Assets $314,397,922
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Art Kremer (President/Ceo) $256,189 $0 $0
Dennis Messer (Board Member) $0 $0 $0
C Patrick Mcmahon (Board Chair) $0 $0 $0
Daniel Murphy (Board Secretary) $0 $0 $0
C David Taylor (Board Vice Secretary) $0 $0 $0
Susan S Ochs (Board Treasurer) $0 $0 $0
Janet Lake (Board Member) $0 $0 $0
Winston Nickell (Board Vice Chair) $0 $0 $0
Mark Fox (Board Member) $0 $0 $0
David Aaronson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,424,421
Expenses
$9,900,795
Net Income
$2,523,626
Net Assets
$302,848,660
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,279,026
58.6%
Investment Income $1,083,242
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,062,153
32.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $238,713
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,568,504
25.9%
Assets/Debt
Total Assets $304,890,490
Total Liabilities $2,041,830
Net Assets $302,848,660

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,163,492
Expenses
$10,670,280
Net Income
$1,493,212
Net Assets
$275,645,234
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,693,714
63.3%
Investment Income $1,385,895
11.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,083,883
25.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $226,695
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,359,867
22.1%
Assets/Debt
Total Assets $277,863,061
Total Liabilities $2,217,827
Net Assets $275,645,234

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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