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Reed Credit Union

  • Houston, TX
  • Tax-exempt since June 1976
  • EIN: 74-0856365

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
$726k (2024)

Expenses
$613k (2024)

Total Assets
$16.2M (2024)

Total Liabilities
$13.5M (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
$726,339
Expenses
$613,022
Net Income
$113,317
Net Assets
$2,667,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $181,056
24.9%
Investment Income $545,283
75.1%
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 $184,597
30.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,169,567
Total Liabilities $13,501,670
Net Assets $2,667,897
Compensation
Key Employees and Officers Compensation Related Other
Carla Clakley (President) $80,916 $0 $20,419
Dorothy Hyman (Director) $0 $0 $0
Richard Longtine (Vice Chairman) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Roger Ratcliff (Chairman) $0 $0 $0
Jair Santana (Director) $0 $0 $0
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Document Links

990
Filed on April 29, 2025

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

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$597,885
Expenses
$541,037
Net Income
$56,848
Net Assets
$2,554,580
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $197,813
33.1%
Investment Income $400,072
66.9%
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 $174,418
32.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,666,930
Total Liabilities $13,112,350
Net Assets $2,554,580
Compensation
Key Employees and Officers Compensation Related Other
Carla Clakley (President) $77,562 $0 $21,279
Dorothy Hyman (Director) $0 $0 $0
Richard Longtine (Vice Chairman) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Roger Ratcliff (Chairman) $0 $0 $0
Jair Santana (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 24, 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
$431,886
Expenses
$474,364
Net Income
-$42,478
Net Assets
$2,497,732
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $187,551
43.4%
Investment Income $244,335
56.6%
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 $176,434
37.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,760,716
Total Liabilities $14,262,984
Net Assets $2,497,732
Compensation
Key Employees and Officers Compensation Related Other
Carla Clakley (President) $60,755 $0 $18,735
Dorothy Hyman (Director) $49,263 $0 $0
Richard Longtine (Vice Chairman) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Roger Ratcliff (Chairman) $0 $0 $0
Jair Santana (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on March 31, 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
$474,751
Expenses
$472,575
Net Income
$2,176
Net Assets
$2,545,862
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $267,229
56.3%
Investment Income $207,522
43.7%
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 $184,443
39.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,226,855
Total Liabilities $14,680,993
Net Assets $2,545,862
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (Ceo) $86,104 $0 $16,635
Wilson Sepulvado (Chairman) $0 $0 $0
Richard Longtine (Vice Chairman) $0 $0 $0
Larry Davis (Director) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Roger Ratcliff (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 27, 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
$528,568
Expenses
$504,592
Net Income
$23,976
Net Assets
$2,543,686
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $236,285
44.7%
Investment Income $292,283
55.3%
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 $187,443
37.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,060,379
Total Liabilities $14,516,693
Net Assets $2,543,686
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (Ceo) $89,095 $0 $12,586
Wilson Sepulvado (Chairman) $0 $0 $0
Richard Longtine (Director) $0 $0 $0
Larry Davis (Vice Chairman) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Roger Ratcliff (Director) $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
$500,854
Expenses
$471,685
Net Income
$29,169
Net Assets
$2,519,710
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $159,035
31.8%
Investment Income $341,819
68.2%
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 $165,436
35.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,481,819
Total Liabilities $13,962,109
Net Assets $2,519,710
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (Ceo) $92,333 $11,357 $0
Wilson Sepulvado (Chairman) $0 $0 $0
Richard Longtine (Director) $0 $0 $0
Larry Davis (Vice Chairman) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Roger Ratcliff (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 7, 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
$460,966
Expenses
$447,848
Net Income
$13,118
Net Assets
$2,490,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $167,099
36.2%
Investment Income $293,867
63.8%
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 $180,477
40.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,783,534
Total Liabilities $14,292,993
Net Assets $2,490,541
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (Ceo) $87,096 $0 $10,857
Wilson Sepulvado (Chairman) $0 $0 $0
Richard Longtine (Director) $0 $0 $0
Larry Davis (Vice Chairman) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Roger Ratcliff (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 30, 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
$376,970
Expenses
$417,144
Net Income
-$40,174
Net Assets
$2,477,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $117,302
31.1%
Investment Income $259,668
68.9%
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 $170,785
40.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,400,848
Total Liabilities $14,923,425
Net Assets $2,477,423
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (Ceo) $79,651 $0 $14,186
Wilson Sepulvado (Chairman) $0 $0 $0
Richard Longtine (Director) $0 $0 $0
Larry Davis (Vice Chairman) $0 $0 $0
Marcina Guevara (Director) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Carl Albarado (Director) $0 $0 $0
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990
Filed on May 3, 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
$372,064
Expenses
$438,389
Net Income
-$66,325
Net Assets
$2,517,597
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $84,504
22.7%
Investment Income $287,560
77.3%
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 $191,212
43.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,543,826
Total Liabilities $14,026,229
Net Assets $2,517,597
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (Ceo) $99,203 $0 $13,959
Wilson Sepulvado (Director) $0 $0 $0
Don Hartman (Director) $0 $0 $0
Larry Davis (Director) $0 $0 $0
Carlos Uresti (Chairman) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Carl Albarado (Vice Chairman) $0 $0 $0
+ View more people

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990
Filed on April 13, 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
$365,989
Expenses
$425,370
Net Income
-$59,381
Net Assets
$2,583,922
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $69,114
18.9%
Investment Income $296,875
81.1%
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 $192,640
45.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,262,823
Total Liabilities $15,678,901
Net Assets $2,583,922
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (Ceo) $99,203 $0 $13,902
Wilson Sepulvado (Director) $0 $0 $0
Don Hartman (Director) $0 $0 $0
Carlos Uresti (Chairman) $0 $0 $0
Sheila Brashear (Secretary) $0 $0 $0
Carl Albarado (Vice Chairman) $0 $0 $0
Robert Livingston (Director) $0 $0 $0
+ View more people

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990
Filed on May 10, 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
$397,054
Expenses
$427,168
Net Income
-$30,114
Net Assets
$2,643,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $73,544
18.5%
Investment Income $323,510
81.5%
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 $204,437
47.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,424,737
Total Liabilities $16,781,434
Net Assets $2,643,303
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (President) $108,057 $0 $14,767
Wilson Sepulvado (Director) $0 $0 $0
Don Hartman (Director) $0 $0 $0
Carlos Uresti (Chairman) $0 $0 $0
Robert Livingston (Secretary) $0 $0 $0
Carl Albarado (Vice President) $0 $0 $0
+ View more people

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990
Filed on May 8, 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
$455,288
Expenses
$467,527
Net Income
-$12,239
Net Assets
$2,673,417
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $67,500
14.8%
Investment Income $387,788
85.2%
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 $207,928
44.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $20,076,734
Total Liabilities $17,403,317
Net Assets $2,673,417
Compensation
Key Employees and Officers Compensation Related Other
Dorothy Hyman (President) $108,675 $0 $14,440
Wilson Sepulvado (Director) $0 $0 $0
Willie Jones (Director) $0 $0 $0
Don Hartman (Director) $0 $0 $0
Carlos Uresti (Chairman) $0 $0 $0
Robert Livingston (Secretary) $0 $0 $0
Carl Albarado (Vice President) $0 $0 $0
+ View more people

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990
Filed on May 12, 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
$557,024
Expenses
$547,579
Net Income
$9,445
Net Assets
$2,685,656
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $63,991
11.5%
Investment Income $493,033
88.5%
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 $220,922
40.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $21,282,209
Total Liabilities $18,596,553
Net Assets $2,685,656

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
$600,907
Expenses
$581,260
Net Income
$19,647
Net Assets
$2,676,211
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $62,204
10.4%
Investment Income $538,703
89.6%
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 $219,088
37.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $20,224,387
Total Liabilities $17,548,176
Net Assets $2,676,211

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

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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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

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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