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North East Texas Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

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. 2021 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
$9.48M (2021)

Expenses
$8.11M (2021)

Total Assets
$201M (2021)

Total Liabilities
$182M (2021)

Source: Form 990 tax filings from 2011 to 2021

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.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,477,993
Expenses
$8,113,723
Net Income
$1,364,270
Net Assets
$19,295,024
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,324,601
87.8%
Investment Income $992,977
10.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $144,535
1.5%
Net Inventory Sales $0
Other Revenue $15,880
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $399,655
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,597,998
32.0%
Assets/Debt
Total Assets $200,998,493
Total Liabilities $181,703,469
Net Assets $19,295,024
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Barbara Kay Stewart (President/Ceo/Sec&Treasurer (Retired 6/30/22)) $214,629 $0 $18,684
Keitha Nilsson (Executive Vice President) $143,765 $0 $22,576
Eearl Mueller (It Administrator) $128,828 $0 $15,948
Mindy Nichols (Vp Accounting) $102,243 $0 $22,736
Anna Webb Moore (Vp Compliance) $101,424 $0 $31,974
Deborah Martin (Chair) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Roy Henry (Director) $0 $0 $0
Tracie Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,089,729
Expenses
$8,312,195
Net Income
$777,534
Net Assets
$20,264,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,864,226
86.5%
Investment Income $913,564
10.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$52,205
Net Inventory Sales $0
Other Revenue $364,144
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $392,719
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,601,447
31.3%
Assets/Debt
Total Assets $193,125,846
Total Liabilities $172,860,872
Net Assets $20,264,974
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Barbara Kay Stewart (President/Ceo/Sec&Treas (As Of 6/29/2020)) $214,504 $0 $17,517
Keitha Nilsson (Executive Vice President) $140,092 $0 $20,606
Eearl Mueller (It Administrator) $114,197 $0 $13,172
Brian Hughes (Senior Vice President) $103,007 $0 $19,164
William Glover (Chair (Resigned 6/1/2020)) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Deborah Martin (Sec&Treas/Chair (As Of 6/1/2020)) $0 $0 $0
Roy Henry (Director) $0 $0 $0
Tracie Smith (Director (As Of 6/1/2020)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,239,687
Expenses
$8,506,195
Net Income
$733,492
Net Assets
$18,939,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,927,961
85.8%
Investment Income $1,250,914
13.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $40,537
0.4%
Net Inventory Sales $0
Other Revenue $20,275
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $382,272
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,598,497
30.5%
Assets/Debt
Total Assets $161,716,142
Total Liabilities $142,776,990
Net Assets $18,939,152
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Barbara Kay Stewart (President/Ceo/Director) $209,583 $0 $16,415
Keitha Nilsson (Executive Vice President) $136,866 $0 $19,173
Eearl Mueller (It Administrator) $109,422 $0 $12,837
Brian Hughes (Senior Vice President) $100,664 $0 $17,947
Joe Brown (Chair (Jan 1 Thru June 25)) $0 $0 $0
William Glover (Sec&Treas / Chair (As Of June 25)) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Deborah Martin (Assoc Dir/Sec&Treas (As Of 6/25)) $0 $0 $0
Roy Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,658,705
Expenses
$7,616,161
Net Income
$1,042,544
Net Assets
$17,076,380
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,332,275
84.7%
Investment Income $1,223,033
14.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,270
0.0%
Net Inventory Sales $0
Other Revenue $101,127
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $369,437
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,464,211
32.4%
Assets/Debt
Total Assets $152,885,518
Total Liabilities $135,809,138
Net Assets $17,076,380
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Barbara Kay Stewart (President/Ceo/Director) $200,698 $0 $15,647
Keitha Nilsson (Executive Vp) $132,926 $0 $17,940
Mark Allen (Chair (Jan 1 Feb 27)) $0 $0 $0
Joe Brown (Sec&Treas / Chair (As Of Feb 28)) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
William Glover (Secretary/Treasurer (As Of Feb 28)) $0 $0 $0
Roy Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,184,658
Expenses
$7,685,492
Net Income
$499,166
Net Assets
$16,422,274
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,254,572
88.6%
Investment Income $903,426
11.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$68,158
Net Inventory Sales $0
Other Revenue $94,818
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $362,352
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,251,761
29.3%
Assets/Debt
Total Assets $146,971,091
Total Liabilities $130,548,817
Net Assets $16,422,274
Compensation
Key Employees and Officers Compensation Related Other
Kay Stewart (President/Ceo) $200,177 $0 $14,966
Keitha Nilsson (Executive Vp) $130,095 $0 $16,714
Mark Allen (Chair) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Joe Brown (Secretary/Treasurer) $0 $0 $0
William Glover (Director) $0 $0 $0
Roy Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,859,663
Expenses
$7,305,231
Net Income
$554,432
Net Assets
$16,038,768
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,028,030
89.4%
Investment Income $803,182
10.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,892
0.1%
Net Inventory Sales $0
Other Revenue $23,559
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $452,044
6.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,275,473
31.1%
Assets/Debt
Total Assets $143,730,806
Total Liabilities $127,692,038
Net Assets $16,038,768
Compensation
Key Employees and Officers Compensation Related Other
Kay Stewart (President/Ceo) $298,773 $0 $14,396
Keitha Nilsson (Executive Vp) $122,930 $0 $15,945
Mark Allen (Chair) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Joe Brown (Secretary/Treasurer) $0 $0 $0
William Glover (Director) $0 $0 $0
Roy Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,771,092
Expenses
$7,108,600
Net Income
$662,492
Net Assets
$15,692,059
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,122,350
91.7%
Investment Income $659,603
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$47,676
Net Inventory Sales $0
Other Revenue $36,815
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $334,196
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,380,904
33.5%
Assets/Debt
Total Assets $146,908,134
Total Liabilities $131,216,075
Net Assets $15,692,059
Compensation
Key Employees and Officers Compensation Related Other
Kay Stewart (President/Ceo) $181,256 $0 $14,450
Keitha Nilsson (Executive Vp) $122,068 $0 $16,423
Mark Allen (Chair) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Joe Brown (Secretary/Treasurer) $0 $0 $0
William Glover (Director) $0 $0 $0
Roy Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,932,618
Expenses
$7,273,919
Net Income
$658,699
Net Assets
$15,037,509
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,233,166
91.2%
Investment Income $628,813
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $32,328
0.4%
Net Inventory Sales $0
Other Revenue $38,311
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $321,337
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,332,343
32.1%
Assets/Debt
Total Assets $138,731,778
Total Liabilities $123,694,269
Net Assets $15,037,509
Compensation
Key Employees and Officers Compensation Related Other
Kay Stewart (President/Ceo) $172,067 $0 $14,022
Keitha Nilsson (Executive Vp) $117,215 $0 $16,100
Mark Allen (Chair) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Joe Brown (Secretary/Treasurer) $0 $0 $0
William Glover (Director) $0 $0 $0
Roy Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,040,623
Expenses
$6,879,736
Net Income
$1,160,887
Net Assets
$14,027,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,445,919
92.6%
Investment Income $552,439
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,216
Net Inventory Sales $0
Other Revenue $45,481
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $316,704
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,205,713
32.1%
Assets/Debt
Total Assets $128,449,941
Total Liabilities $114,422,661
Net Assets $14,027,280
Compensation
Key Employees and Officers Compensation Related Other
Kay Stewart (President/Ceo) $180,441 $0 $7,000
Keitha Nilsson (Executive Vp) $118,673 $0 $10,590
Mark Allen (Chair) $0 $0 $0
Earl Alexander (Vice Chair) $0 $0 $0
Joe Brown (Secretary/Treasurer) $0 $0 $0
William Glover (Director) $0 $0 $0
Roy Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,158,427
Expenses
$6,581,905
Net Income
$1,576,522
Net Assets
$13,596,167
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,621,728
93.4%
Investment Income $407,042
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $129,657
1.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $335,297
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,117,311
32.2%
Assets/Debt
Total Assets $124,266,075
Total Liabilities $110,669,908
Net Assets $13,596,167

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,815,863
Expenses
$6,652,187
Net Income
$1,163,676
Net Assets
$12,025,873
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,285,243
93.2%
Investment Income $504,155
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $26,465
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $319,280
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,911,228
28.7%
Assets/Debt
Total Assets $117,733,338
Total Liabilities $105,707,465
Net Assets $12,025,873

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 »

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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