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Southwest 66 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.

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
$6.16M (2023)

Expenses
$5.81M (2023)

Total Assets
$103M (2023)

Total Liabilities
$92.8M (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
$6,164,860
Expenses
$5,809,892
Net Income
$354,968
Net Assets
$10,268,033
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,184,553
84.1%
Investment Income $713,313
11.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $266,994
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $621,513
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,491,502
25.7%
Assets/Debt
Total Assets $103,066,371
Total Liabilities $92,798,338
Net Assets $10,268,033
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Newman (Ceo) $181,500 $0 $10,795
Con Brazeal (Cio) $127,193 $0 $13,545
William Duke (Coo) $126,249 $0 $13,558
Erica King (Vp Of Lending) $91,432 $0 $11,698
Aaron Chavez (Vp Of Member Services) $72,389 $0 $10,577
Jack Bain (Board Vice Chairman) $3,900 $0 $0
Tom Sprawls (Board Treasurer) $3,700 $0 $0
Terry Louvin (Director) $3,700 $0 $0
Ray Fowler (Director) $3,700 $0 $0
Kris Crow (Board Chairman) $3,500 $0 $0
James Beauchamp (Director) $2,450 $0 $0
Jerry Reno (Board Secretary) $1,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,770,255
Expenses
$5,301,948
Net Income
$468,307
Net Assets
$9,703,145
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,858,117
84.2%
Investment Income $567,026
9.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $345,112
6.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $575,652
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,463,236
27.6%
Assets/Debt
Total Assets $100,245,342
Total Liabilities $90,542,197
Net Assets $9,703,145
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Newman (Ceo) $174,289 $0 $10,318
Con Brazeal (Cio) $118,072 $0 $12,561
William Duke (Coo) $116,127 $0 $13,519
Erica King (Vp Of Lending) $91,690 $0 $12,242
Aaron Chavez (Vp Of Member Services) $66,624 $0 $10,422
Jerry Reno (Board Secretary) $1,700 $0 $0
Jack Bain (Board Vice Chairman) $1,400 $0 $0
Terry Louvin (Director) $1,250 $0 $0
Kris Crow (Board Chairman) $1,200 $0 $0
Ray Fowler (Director) $1,200 $0 $0
James Beauchamp (Director) $1,100 $0 $0
Tom Sprawls (Board Treasurer) $1,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,693,763
Expenses
$5,385,024
Net Income
$308,739
Net Assets
$10,566,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,929,690
86.6%
Investment Income $464,992
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $299,081
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $559,108
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,535,268
28.5%
Assets/Debt
Total Assets $98,815,098
Total Liabilities $88,248,847
Net Assets $10,566,251
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Newman (Ceo) $168,085 $0 $10,416
Con Brazeal (Cio) $116,734 $0 $11,937
William Duke (Coo) $114,674 $0 $12,366
Erica King (Vp Of Lending) $81,636 $0 $10,477
Aaron Chavez (Vp Of Member Services) $69,129 $0 $11,867
Jerry Reno (Board Secretary) $1,750 $0 $0
Jack Bain (Board Vice Chairman) $1,300 $0 $0
Tom Sprawls (Board Treasurer) $1,200 $0 $0
Terry Louvin (Director) $1,200 $0 $0
James Beauchamp (Director) $1,200 $0 $0
Kris Crow (Board Chairman) $1,100 $0 $0
Ray Fowler (Director) $1,100 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,741,091
Expenses
$5,192,967
Net Income
$548,124
Net Assets
$10,518,193
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,953,208
86.3%
Investment Income $511,399
8.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $276,484
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $488,800
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,604,080
30.9%
Assets/Debt
Total Assets $95,778,032
Total Liabilities $85,259,839
Net Assets $10,518,193
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Newman (Ceo) $165,000 $0 $18,300
William Duke (Coo) $125,548 $0 $13,198
Con Brazeal (Cio) $112,122 $0 $12,022
Aaron Chavez (Vp Of Member Services) $74,130 $0 $10,869
Jerry Reno (Board Secretary) $2,050 $0 $0
Jack Bain (Board Vice Chairman) $1,800 $0 $0
Kris Crow (Board Chairman) $1,750 $0 $0
Terry Louvin (Director) $1,700 $0 $0
Tom Sprawls (Board Treasurer) $1,650 $0 $0
Ray Fowler (Director) $1,600 $0 $0
James Beauchamp (Director) $1,450 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,611,966
Expenses
$5,197,120
Net Income
$414,846
Net Assets
$9,803,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,622,627
82.4%
Investment Income $702,383
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $286,956
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,923,070
37.0%
Assets/Debt
Total Assets $84,782,768
Total Liabilities $74,979,428
Net Assets $9,803,340
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Duke (Coo) $130,821 $0 $12,221
Con Brazeal (Cio) $121,098 $0 $4,995
Elizabeth Newman (Ceo) $102,308 $0 $569
Aaron Chavez (Vp Of Member Services) $76,080 $0 $11,241
Ray Fowler (Director) $1,900 $0 $0
Jerry Reno (Board Secretary) $1,800 $0 $0
Tom Sprawls (Board Treasurer) $1,800 $0 $0
Jack Bain (Board Vice Chairman) $1,350 $0 $0
Terry Louvin (Director) $1,100 $0 $0
James Beauchamp (Director) $1,100 $0 $0
Kris Crow (Board Chairman) $1,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,138,036
Expenses
$4,849,539
Net Income
$288,497
Net Assets
$8,850,921
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,123,785
80.3%
Investment Income $691,756
13.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $322,495
6.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $538,456
11.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $84,879,429
Total Liabilities $76,028,508
Net Assets $8,850,921
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sean Cahill (President Ceo Until 11/12/18) $184,332 $0 $44,447
William Duke (Svp, Cio, Interim Ceo) $110,899 $0 $16,908
Shawna Orona (Svp Cfo) $85,452 $0 $0
Con Brazeal (Cio) $67,346 $0 $0
Aaron Chavez (Vp Of Member Services) $64,591 $0 $0
Ray Fowler (Director) $5,218 $0 $0
Tom Sprawls (Board Treasurer) $4,918 $0 $0
Jack Bain (Board Vice Chairman) $3,750 $0 $0
Jerry Reno (Board Secretary) $3,550 $0 $0
Kris Crow (Board Chairman) $3,540 $0 $0
James Beauchamp (Director) $2,480 $0 $0
Terry Louvin (Director) $2,380 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,031,576
Expenses
$4,227,074
Net Income
-$195,498
Net Assets
$8,786,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,423,685
84.9%
Investment Income $391,753
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $216,138
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $461,751
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $854,860
20.2%
Assets/Debt
Total Assets $85,392,080
Total Liabilities $76,606,013
Net Assets $8,786,067
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sean Cahill (President Ceo) $163,838 $0 $18,000
William Duke (Svp Cio) $91,581 $0 $0
Shawna Orona (Svp Cfo) $77,224 $0 $0
Aaron Chavez (Avp Of Member Services And Community Development) $61,525 $0 $0
Con Brazeal (Director Of Strategic Projects And It) $59,233 $0 $0
Jerry Reno (Director) $1,550 $0 $0
Tom Sprawls (Director) $1,250 $0 $0
Terry Louvin (Board Secretary) $1,200 $0 $0
Jack Bain (Board Treasurer) $1,200 $0 $0
Ray Fowler (Director) $1,200 $0 $0
Sl Craighead (Board Vice Chair) $1,150 $0 $0
Kris Crow (Board Chair) $800 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,307,324
Expenses
$4,059,079
Net Income
$248,245
Net Assets
$8,921,799
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,606,646
83.7%
Investment Income $482,102
11.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $218,576
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $437,152
10.8%
Professional Fundraising Fees $0
Other Salaries and Wages $884,298
21.8%
Assets/Debt
Total Assets $75,636,276
Total Liabilities $66,714,477
Net Assets $8,921,799
Compensation
Key Employees and Officers Compensation Related Other
Sean Cahill (President Ceo) $171,637 $0 $18,466
William Duke (Svp Cio) $84,108 $0 $0
Shawna Orona (Svp Cfo) $78,611 $0 $0
Aaron Chavez (Avp Of Member Services And Community Development) $59,806 $0 $0
Pepper Weatherly (Coo) $32,199 $0 $0
Antonina Frady Until 1416 (Director Of Human Resources) $1,891 $0 $0
Sl Craighead (Board Vice Chair) $1,750 $0 $0
Terry Louvin (Board Secretary) $1,200 $0 $0
Ray Fowler (Director Non Voting) $1,200 $0 $0
Tom Sprawls (Director) $1,100 $0 $0
Jerry Reno (Director) $1,050 $0 $0
Kris Crow (Board Chair) $1,000 $0 $0
Jack Bain (Board Treasurer) $800 $0 $0
James Beauchamp (Director Non Voting) $800 $0 $0
Tommy Sheen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,209,915
Expenses
$3,979,576
Net Income
$230,339
Net Assets
$8,978,507
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,519,971
83.6%
Investment Income $524,185
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $165,759
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $516,925
13.0%
Professional Fundraising Fees $0
Other Salaries and Wages $847,759
21.3%
Assets/Debt
Total Assets $81,224,183
Total Liabilities $72,245,676
Net Assets $8,978,507
Compensation
Key Employees and Officers Compensation Related Other
Sean Cahill (President Ceo) $170,305 $0 $0
Shawna Orona (Avp Cfo) $81,083 $0 $0
William Duke (Svp Cio) $77,266 $0 $0
Melissa Dale (Evp Coo) $60,819 $0 $0
Aaron Chavez (Avp Of Member Services And Community Development) $56,676 $0 $0
Antonina Frady (Director Of Human Resources) $50,455 $0 $0
Julio Arellano (Vp Of Operations) $10,871 $0 $0
Sl Craighead (Board Vice Chair) $1,500 $0 $0
Jerry Reno (Director) $1,350 $0 $0
Jack Bain (Board Treasurer) $1,100 $0 $0
Kris Crow (Board Chair) $1,050 $0 $0
Terry Louvin (Board Secretary) $1,000 $0 $0
Tom Sprawls (Director) $950 $0 $0
Tommy Sheen (Director) $900 $0 $0
Ray Fowler (Director) $900 $0 $0
James Beauchamp (Director) $700 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,695,301
Expenses
$3,925,404
Net Income
$769,897
Net Assets
$8,876,588
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,088,554
87.1%
Investment Income $408,399
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $198,348
4.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $603,207
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $780,699
19.9%
Assets/Debt
Total Assets $86,556,386
Total Liabilities $77,679,798
Net Assets $8,876,588
Compensation
Key Employees and Officers Compensation Related Other
Sean Cahill (President Ceo) $165,965 $0 $0
Melissa Dale (Evp Coo) $120,175 $0 $0
William Duke (Svp Cio) $77,559 $0 $0
Shawna Orona (Avp Cfo) $75,356 $0 $0
Aaron Chavez (Avp Of Member Services And Community Development) $50,799 $0 $0
Antonina Frady (Director Of Human Resources) $37,938 $0 $0
Jane Baker (Vp Of Operations) $24,178 $0 $0
Lon Varns (Vp Of Operations) $21,157 $0 $0
Julio Arellano (Vp Of Operations) $18,114 $0 $0
Lisa Brooks (Avp/Operations Mgr) $11,966 $0 $0
Kris Crow (Board Chair) $0 $0 $0
Sl Craighead (Board Vice Chair) $0 $0 $0
Terry Louvin (Board Secretary) $0 $0 $0
Jack Bain (Board Treasurer) $0 $0 $0
Tom Sprawls (Director) $0 $0 $0
Tommy Sheen (Director) $0 $0 $0
Jerry Reno (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,635,550
Expenses
$3,790,658
Net Income
$844,892
Net Assets
$8,038,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,032,676
87.0%
Investment Income $249,936
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $352,938
7.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $594,950
15.7%
Professional Fundraising Fees $0
Other Salaries and Wages $840,150
22.2%
Assets/Debt
Total Assets $82,513,548
Total Liabilities $74,474,897
Net Assets $8,038,651
Compensation
Key Employees and Officers Compensation Related Other
Sean Cahill (President Ceo) $148,956 $0 $0
Melissa Dale (Evp Coo) $95,265 $0 $0
Diana Barreraz (Avp/Compliance Mgr) $58,226 $0 $0
William Duke (Svp Cio) $57,540 $0 $0
Shawna Orona (Avp Controller) $56,426 $0 $0
Lisa Brooks (Avp/Operations Mgr) $55,982 $0 $0
Miquela Acosta (Avp/Lending Mgr) $44,418 $0 $0
Kyle Clifton (Avp Controller) $39,932 $0 $0
Aaron Chavez (Avp Marketing) $38,205 $0 $0
Kris Crow (Board Chair) $0 $0 $0
Sl Craighead (Board Vice Chair) $0 $0 $0
Terry Louvin (Board Secretary) $0 $0 $0
Jack Bain (Board Treasurer) $0 $0 $0
Tom Sprawls (Director) $0 $0 $0
Tommy Sheen (Director) $0 $0 $0
Jerry Reno (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,940,938
Expenses
$3,387,893
Net Income
$553,045
Net Assets
$7,315,661
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,460,669
87.8%
Investment Income $259,951
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $220,318
5.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $31,247
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,254,610
37.0%
Assets/Debt
Total Assets $77,531,118
Total Liabilities $70,215,457
Net Assets $7,315,661

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,006,756
Expenses
$3,425,523
Net Income
$581,233
Net Assets
$6,753,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,528,002
88.1%
Investment Income $290,056
7.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $188,698
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $120,000
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,199,704
35.0%
Assets/Debt
Total Assets $73,545,606
Total Liabilities $66,792,129
Net Assets $6,753,477

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.

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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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  • 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.
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  • 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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