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State Chartered Credit Unions In North Carolina

Arcade Credit Union

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$437k (2024)

Expenses
$357k (2024)

Total Assets
$8.21M (2024)

Total Liabilities
$7.17M (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$436,746
Expenses
$356,576
Net Income
$80,170
Net Assets
$1,038,024
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $323,880
74.2%
Investment Income $112,866
25.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $123,792
34.7%
Assets/Debt
Total Assets $8,211,950
Total Liabilities $7,173,926
Net Assets $1,038,024
Compensation
Key Employees and Officers Compensation Related Other
Shelly Fender (Manager/ Tre) $54,191 $0 $0
William Brown (Vice Preside) $0 $0 $0
Vann Gibbs (President) $0 $0 $0
Tami Houston (Board Member) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Karen Kelly (Board Member) $0 $0 $0
Robert Reynolds (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$381,545
Expenses
$293,131
Net Income
$88,414
Net Assets
$957,217
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $289,470
75.9%
Investment Income $92,075
24.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $128,048
43.7%
Assets/Debt
Total Assets $7,957,273
Total Liabilities $7,000,056
Net Assets $957,217
Compensation
Key Employees and Officers Compensation Related Other
Shelly Fender (Manager/ Tre) $46,250 $0 $0
William Brown (Vice Preside) $0 $0 $0
Vann Gibbs (President) $0 $0 $0
Tami Houston (Board Member) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Karen Kelly (Board Member) $0 $0 $0
Robert Reynolds (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,248
Expenses
$257,133
Net Income
-$2,885
Net Assets
$868,803
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $223,631
88.0%
Investment Income $30,617
12.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $146,431
56.9%
Assets/Debt
Total Assets $7,560,900
Total Liabilities $6,692,097
Net Assets $868,803
Compensation
Key Employees and Officers Compensation Related Other
William Brown (Vice Preside) $0 $0 $0
Vann Gibbs (President) $0 $0 $0
Tami Houston (Board Member) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Karen Kelly (Board Member) $0 $0 $0
Robert Reynolds (Board Member) $0 $0 $0
Shelly Fender (Manager/ Tre) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$220,223
Expenses
$223,738
Net Income
-$3,515
Net Assets
$871,688
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $201,528
91.5%
Investment Income $18,695
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $111,868
50.0%
Assets/Debt
Total Assets $7,602,782
Total Liabilities $6,731,094
Net Assets $871,688
Compensation
Key Employees and Officers Compensation Related Other
William Brown (Vice Preside) $0 $0 $0
Vann Gibbs (President) $0 $0 $0
Tami Houston (Board Member) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Karen Kelly (Board Member) $0 $0 $0
Robert Reynolds (Board Member) $0 $0 $0
Charlene Hyatt (Manager/ Tre) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$250,134
Expenses
$273,698
Net Income
-$23,564
Net Assets
$875,203
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $213,090
85.2%
Investment Income $37,044
14.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $128,790
47.1%
Assets/Debt
Total Assets $7,005,230
Total Liabilities $6,130,027
Net Assets $875,203
Compensation
Key Employees and Officers Compensation Related Other
William Brown (Vice Preside) $0 $0 $0
Vann Gibbs (President) $0 $0 $0
Tami Houston (Board Member) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Mike Hunsucker (Board Member) $0 $0 $0
Karen Kelly (Board Member) $0 $0 $0
Robert Reynolds (Board Member) $0 $0 $0
Charlene Hyatt (Manager/ Tre) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$290,360
Expenses
$283,173
Net Income
$7,187
Net Assets
$898,767
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $235,118
81.0%
Investment Income $55,242
19.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $129,133
45.6%
Assets/Debt
Total Assets $6,932,519
Total Liabilities $6,033,752
Net Assets $898,767
Compensation
Key Employees and Officers Compensation Related Other
William Brown (Vice Preside) $0 $0 $0
Larry Carr (Board Member) $0 $0 $0
Vann Gibbs (President) $0 $0 $0
Tami Houston (Board Member) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Mike Hunsucker (Board Member) $0 $0 $0
Karen Kelly (Board Member) $0 $0 $0
Robert Reynolds (Board Member) $0 $0 $0
Charlene Hyatt (Manager/ Tre) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$274,382
Expenses
$273,547
Net Income
$835
Net Assets
$891,580
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $215,807
78.7%
Investment Income $58,575
21.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $123,278
45.1%
Assets/Debt
Total Assets $7,332,876
Total Liabilities $6,441,296
Net Assets $891,580
Compensation
Key Employees and Officers Compensation Related Other
William Brown (Vice Preside) $0 $0 $0
Larry Carr (Board Member) $0 $0 $0
Vann Gibbs (President) $0 $0 $0
Tami Houston (Board Member) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Mike Hunsucker (Board Member) $0 $0 $0
Karen Kelly (Board Member) $0 $0 $0
Robert Reynolds (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$246,288
Expenses
$250,587
Net Income
-$4,299
Net Assets
$890,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $204,104
82.9%
Investment Income $42,184
17.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $48,960
19.5%
Professional Fundraising Fees $0
Other Salaries and Wages $74,718
29.8%
Assets/Debt
Total Assets $7,831,500
Total Liabilities $6,940,755
Net Assets $890,745
Compensation
Key Employees and Officers Compensation Related Other
Charlene Hyatt (Treasurer/Board) $48,960 $0 $0
Vann Gibbs (President) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Tamara Houston (Director) $0 $0 $0
Mike Hunsucker (Director) $0 $0 $0
William Brown (Vice President) $0 $0 $0
Karen Kelly (Director/Sup.Comm) $0 $0 $0
Larry Carr (Director) $0 $0 $0
Robert Reynolds (Director) $0 $0 $0
Lavonda Washburn (Sup.Comm Chairman) $0 $0 $0
Phala Frank (Sup.Comm. Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$235,418
Expenses
$294,881
Net Income
-$59,463
Net Assets
$895,044
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $200,077
85.0%
Investment Income $35,341
15.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $46,643
15.8%
Professional Fundraising Fees $0
Other Salaries and Wages $80,747
27.4%
Assets/Debt
Total Assets $6,986,370
Total Liabilities $6,091,326
Net Assets $895,044
Compensation
Key Employees and Officers Compensation Related Other
Charlene English (Treasurer/Board) $46,643 $0 $0
Vann Gibbs (President) $0 $0 $0
John Hughes (Secretary) $0 $0 $0
Tamara Houston (Director) $0 $0 $0
Mike Hunsucker (Director) $0 $0 $0
William Brown (Vice President) $0 $0 $0
Karen Kelly (Director/Sup.Comm) $0 $0 $0
Larry Carr (Director) $0 $0 $0
Robert Reynolds (Director) $0 $0 $0
Lavonda Washburn (Sup.Comm Chairman) $0 $0 $0
Phala Frank (Sup.Comm. Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$233,225
Expenses
$229,615
Net Income
$3,610
Net Assets
$954,507
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $203,617
87.3%
Investment Income $29,608
12.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,000
21.8%
Professional Fundraising Fees $0
Other Salaries and Wages $44,870
19.5%
Assets/Debt
Total Assets $6,972,515
Total Liabilities $6,018,008
Net Assets $954,507
Compensation
Key Employees and Officers Compensation Related Other
Charlene English (17 Lynwood Circle Asheville Nc 28806) $50,000 $0 $0
Vann Gibbs (107 Orchard Rd, Asheville Nc 28801) $0 $0 $0
John Hughes (46 Beale Court Fletcher Nc 28732) $0 $0 $0
Tamara Houston (87 Duncan Estate Drive, Fletcher Nc 28732) $0 $0 $0
Mike Hunsucker (Po Box 1897 Candler Nc 28715) $0 $0 $0
William Brown (105 Castlerock Drive Asheville Nc 28806) $0 $0 $0
Karen Kelly (29 Wake Robin Way Asheville, Nc 28805) $0 $0 $0
Larry Carr (23 Carr Drive, Leicester, Nc 28748) $0 $0 $0
Robert Reynolds (14 North Star Trl Weaverville, Nc 28787) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$226,950
Expenses
$271,339
Net Income
-$44,389
Net Assets
$950,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $205,631
90.6%
Investment Income $21,319
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,754
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $82,674
30.5%
Assets/Debt
Total Assets $6,979,257
Total Liabilities $6,028,360
Net Assets $950,897
Compensation
Key Employees and Officers Compensation Related Other
Charlene Costa (17 Lynwood Circle Asheville Nc 28806) $49,754 $0 $0
Vann Gibbs (107 Orchard Rd, Asheville Nc 28801) $0 $0 $0
John Hughes (46 Beale Court Fletcher Nc 28732) $0 $0 $0
Tamara Houston (87 Duncan Estate Drive, Fletcher Nc 28732) $0 $0 $0
Mike Hunsucker (Po Box 1897 Candler Nc 28715) $0 $0 $0
William Brown (105 Castlerock Drive Asheville Nc 28806) $0 $0 $0
Karen Kelly (29 Wake Robin Way Asheville, Nc 28805) $0 $0 $0
Larry Carr (23 Carr Drive, Leicester, Nc 28748) $0 $0 $0
Robert Reynolds (14 North Star Trl Weaverville, Nc 28787) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$252,393
Expenses
$442,567
Net Income
-$190,174
Net Assets
$995,286
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $232,109
92.0%
Investment Income $20,284
8.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,000
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $95,453
21.6%
Assets/Debt
Total Assets $6,926,160
Total Liabilities $5,930,874
Net Assets $995,286

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$281,018
Expenses
$284,784
Net Income
-$3,766
Net Assets
$1,185,460
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $281,018
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,131
17.3%
Professional Fundraising Fees $0
Other Salaries and Wages $88,413
31.0%
Assets/Debt
Total Assets $7,216,526
Total Liabilities $6,031,066
Net Assets $1,185,460

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$299,837
Expenses
$298,922
Net Income
$915
Net Assets
$1,189,226
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $273,951
91.4%
Investment Income $25,886
8.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,203
16.5%
Professional Fundraising Fees $0
Other Salaries and Wages $54,938
18.4%
Assets/Debt
Total Assets $7,044,565
Total Liabilities $5,855,339
Net Assets $1,189,226

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

Fiscal Year Ending Dec.
2007

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.
2006

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.
2005

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.
2004

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

What Is 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 »

Get the Data

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.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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