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Beacon Financial Credit Union

  • Johnson City, TN
  • Tax-exempt since June 1952
  • EIN: 62-6041473

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
$2.29M (2023)

Expenses
$2.23M (2023)

Total Assets
$31.6M (2023)

Total Liabilities
$28.9M (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
$2,287,424
Expenses
$2,225,767
Net Income
$61,657
Net Assets
$2,663,945
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,736,473
75.9%
Investment Income $39,759
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $511,192
22.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $363,584
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $534,352
24.0%
Assets/Debt
Total Assets $31,596,376
Total Liabilities $28,932,431
Net Assets $2,663,945
Compensation
Key Employees and Officers Compensation Related Other
Debbie Dover (Board Member) $0 $0 $0
Shana Tate (Board Chairperson) $0 $0 $0
Doug Janz (Secretary) $0 $0 $0
Shane Hilton (Board Vice Chairperson) $0 $0 $0
Chris Brackett (Director) $0 $0 $0
Sharon Sheppard (Director) $0 $0 $0
Tom Tull (Director) $0 $0 $0
John Michael Nelms (Cfo) $0 $0 $0
Robert Bender (Treasurer) $0 $0 $0
Danielle Brooks (Coo) $0 $0 $0
Alison Johnson (Board Member) $0 $0 $0
Danielle Brooks (Coo) $0 $0 $0
+ View more people

Document Links

990
Filed on May 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,370,404
Expenses
$2,051,759
Net Income
$318,645
Net Assets
$2,707,253
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,789,947
75.5%
Investment Income $12,379
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $568,078
24.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $409,047
19.9%
Professional Fundraising Fees $0
Other Salaries and Wages $454,293
22.1%
Assets/Debt
Total Assets $30,130,534
Total Liabilities $27,423,281
Net Assets $2,707,253
Compensation
Key Employees and Officers Compensation Related Other
Debbie Dover (Board Chairperson) $0 $0 $0
Shana Tate (Vice Chairperson) $0 $0 $0
Doug Janz (Secretary) $0 $0 $0
Shane Hilton (Treasurer) $0 $0 $0
Chris Brackett (Director) $0 $0 $0
Sharon Sheppard (Director) $0 $0 $0
Tom Tull (Director) $0 $0 $0
John Hunter (Ceo) $0 $0 $0
John Michael Nelms (Cfo) $0 $0 $0
Robert Bender (Board Member) $0 $0 $0
Danielle Brooks (Coo) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,838,788
Expenses
$1,511,838
Net Income
$326,950
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,604,318
87.2%
Investment Income $1,538
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $232,932
12.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $475,004
31.4%
Assets/Debt
Total Assets $26,846,097
Total Liabilities $26,846,097
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Debbie Dover (Board Chairperson) $0 $0 $0
Shana Tate (Vice Chairperson) $0 $0 $0
Doug Janz (Secretary) $0 $0 $0
Shane Hilton (Treasurer) $0 $0 $0
Chris Brackett (Director) $0 $0 $0
Sharon Sheppard (Director) $0 $0 $0
Ben Scharfstein (Director) $0 $0 $0
Tom Tull (Director) $0 $0 $0
John Hunter (Ceo) $0 $0 $0
John Michael Nelms (Cfo) $0 $0 $0
+ View more people

Document Links

990
Filed on May 2, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,755,557
Expenses
$1,654,626
Net Income
$100,931
Net Assets
$2,061,658
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,692,417
96.4%
Investment Income $12,523
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50,617
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $478,476
28.9%
Assets/Debt
Total Assets $26,653,070
Total Liabilities $24,591,412
Net Assets $2,061,658
Compensation
Key Employees and Officers Compensation Related Other
Debbie Dover (Board Chairperson) $0 $0 $0
Shana Tate (Vice Chairperson) $0 $0 $0
Doug Janz (Secretary) $0 $0 $0
Shane Hilton (Treasurer) $0 $0 $0
Chris Brackett (Director) $0 $0 $0
Rebecca Beck (Director) $0 $0 $0
Sharon Sheppard (Director) $0 $0 $0
Ben Scharfstein (Director) $0 $0 $0
Tom Tull (Director) $0 $0 $0
John Hunter (Ceo) $0 $0 $0
John Michael Nelms (Cfo) $0 $0 $0
+ View more people

Document Links

990
Filed on May 5, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,630,392
Expenses
$1,386,671
Net Income
$243,721
Net Assets
$1,960,530
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,543,341
94.7%
Investment Income $43,197
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $43,854
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $446,359
32.2%
Assets/Debt
Total Assets $24,205,960
Total Liabilities $22,245,430
Net Assets $1,960,530
Compensation
Key Employees and Officers Compensation Related Other
John Hunter (Ceo) $104,821 $0 $0
John Michael Nelms (Cfo) $10,579 $0 $0
Debbie Dover (Board Chairperson) $0 $0 $0
Shana Tate (Vice Chairperson) $0 $0 $0
Doug Janz (Secretary) $0 $0 $0
Shane Hilton (Treasurer) $0 $0 $0
Chris Brackett (Director) $0 $0 $0
Rebecca Beck (Director) $0 $0 $0
Sharon Sheppard (Director) $0 $0 $0
Ben Scharfstein (Director) $0 $0 $0
Tom Tull (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 8, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,445,601
Expenses
$1,241,023
Net Income
$204,578
Net Assets
$1,716,808
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,322,771
91.5%
Investment Income $53,601
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $69,229
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $448,526
36.1%
Assets/Debt
Total Assets $21,621,201
Total Liabilities $19,904,393
Net Assets $1,716,808
Compensation
Key Employees and Officers Compensation Related Other
John Hunter (Ceo) $104,236 $0 $453
Rita Gentry (Cfo) $51,213 $0 $453
Debbie Dover (Board Chairman) $0 $0 $0
Shana Tate (Vice Chairman) $0 $0 $0
Ben Scharfstein (Treasurer) $0 $0 $0
Morgan May (Director) $0 $0 $0
Doug Janz (Director) $0 $0 $0
Chris Brackett (Director) $0 $0 $0
Shane Hilton (Secretary) $0 $0 $0
Sharon Sheppard (Director) $0 $0 $0
Tom Tull (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 27, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,211,917
Expenses
$1,131,653
Net Income
$80,264
Net Assets
$1,512,230
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,134,597
93.6%
Investment Income $47,646
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,674
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $417,733
36.9%
Assets/Debt
Total Assets $19,410,679
Total Liabilities $17,898,449
Net Assets $1,512,230
Compensation
Key Employees and Officers Compensation Related Other
John Hunter (Ceo) $99,508 $0 $602
Danette Miller (Cfo) $60,197 $0 $550
Rita Gentry (Cfo) $4,038 $0 $50
Richard Boone (Board Chairman) $0 $0 $0
Shana Tate (Vice Chairman) $0 $0 $0
Rachel Parsons (Treasurer) $0 $0 $0
Morgan May (Director) $0 $0 $0
Doug Janz (Director) $0 $0 $0
Chris Brackett (Director) $0 $0 $0
Juanita Vaughn (Director) $0 $0 $0
Sharon Sheppard (Director) $0 $0 $0
Tom Tull (Director) $0 $0 $0
+ View more people

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990
Filed on March 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$955,772
Expenses
$905,274
Net Income
$50,498
Net Assets
$1,431,966
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $889,030
93.0%
Investment Income $39,927
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,815
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $347,581
38.4%
Assets/Debt
Total Assets $17,809,988
Total Liabilities $16,378,022
Net Assets $1,431,966
Compensation
Key Employees and Officers Compensation Related Other
John Hunter (Ceo) $91,600 $0 $602
Danette Miller (Cfo) $45,800 $0 $602
Richard Boone (President) $0 $0 $0
Shana Tate (Vice Preisde) $0 $0 $0
Rachel Parsons (Treasurer) $0 $0 $0
Morgan May (Secretary) $0 $0 $0
Jan Ponder (Board Member) $0 $0 $0
Chris Brackett (Board Member) $0 $0 $0
Juanita Vaughn (Board Member) $0 $0 $0
Sharon Sheppard (Board Member) $0 $0 $0
Tom Tull (Board Member) $0 $0 $0
+ View more people

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990
Filed on March 16, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$734,105
Expenses
$858,128
Net Income
-$124,023
Net Assets
$1,381,469
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $673,295
91.7%
Investment Income $26,727
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $34,083
4.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $286,850
33.4%
Assets/Debt
Total Assets $16,216,234
Total Liabilities $14,834,765
Net Assets $1,381,469
Compensation
Key Employees and Officers Compensation Related Other
John Hunter (Ceo) $90,800 $0 $90
Danette Miller (Cfo) $40,500 $0 $90
Jan Ponder (President) $0 $0 $0
Chris Brackett (Vice Preside) $0 $0 $0
Juanita Vaughn (Treasurer) $0 $0 $0
Sharon Sheppard (Secretary) $0 $0 $0
Kimberly Kilian (Board Member) $0 $0 $0
Tom Tull (Board Member) $0 $0 $0
Richard Boone (Board Member) $0 $0 $0
+ View more people

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990
Filed on April 26, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$778,919
Expenses
$751,428
Net Income
$27,491
Net Assets
$1,505,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $755,987
97.1%
Investment Income $22,932
2.9%
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 $252,534
33.6%
Assets/Debt
Total Assets $16,008,560
Total Liabilities $14,503,070
Net Assets $1,505,490
Compensation
Key Employees and Officers Compensation Related Other
Parolea M York (Ceo/Manager) $64,576 $0 $5,257
Rochelle Bradley (Asst Manager) $34,754 $0 $3,747
Amy Cox (Loan Officer) $27,188 $0 $1,535
Jan Ponder (Board Presid) $0 $0 $0
Chris Brackett (Board Vice P) $0 $0 $0
Sarah Gibson (Secretary) $0 $0 $0
Juanita Vaughn (Treasurer) $0 $0 $0
Kimberly Kilian (Board Member) $0 $0 $0
Sharon Sheppard (Board Member) $0 $0 $0
+ View more people

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990
Filed on May 15, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$861,507
Expenses
$991,546
Net Income
-$130,039
Net Assets
$1,495,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $817,393
94.9%
Investment Income $17,902
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,212
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $294,855
29.7%
Assets/Debt
Total Assets $15,095,353
Total Liabilities $13,599,358
Net Assets $1,495,995
Compensation
Key Employees and Officers Compensation Related Other
Parolea M York (Ceo/Manager) $67,517 $0 $5,257
Rochelle Bradley (Asst Manager) $32,167 $0 $3,747
Amy Cox (Loan Officer) $27,278 $0 $1,535
Jan Ponder (Board Presid) $0 $0 $0
Chris Brackett (Board Vice P) $0 $0 $0
Sarah Gibson (Secretary) $0 $0 $0
Kimberly Kilian (Board Member) $0 $0 $0
Sharon Sheppard (Board Member) $0 $0 $0
Juanita Vaughn (Treasurer) $0 $0 $0
+ View more people

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990
Filed on Aug. 15, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$890,180
Expenses
$1,013,534
Net Income
-$123,354
Net Assets
$1,663,779
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $861,902
96.8%
Investment Income $15,739
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,539
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $296,896
29.3%
Assets/Debt
Total Assets $15,037,660
Total Liabilities $13,373,881
Net Assets $1,663,779

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$843,630
Expenses
$963,808
Net Income
-$120,178
Net Assets
$1,787,133
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $775,836
92.0%
Investment Income $18,462
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $49,332
5.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $304,316
31.6%
Assets/Debt
Total Assets $14,516,067
Total Liabilities $12,728,934
Net Assets $1,787,133

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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 »

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.

API

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Byline

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Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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