Civic Intelligence

Reed Credit Union

EIN 74-0856365 • 501(c)14 • Houston, TX

View Organization Page

Profile

Cooperative provider of credit union financial services

10200 East Fwy Ste 125Houston, TX 77029

reedcreditunion.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.84x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

18.59x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Net Margin

70th percentile

16%

Higher net margin than 70% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$101,335

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 14.0% of source-year revenue.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Asset Growth

70th percentile

3.2%

Faster asset growth than 70% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

21%

Faster revenue growth than 92% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$16,169,567

Up $502,637 (+3.2%) from 2023

Liabilities

Up

$13,501,670

Up $389,320 (+3.0%) from 2023

Net Assets

Up

$2,667,897

Up $113,317 (+4.4%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin70th percentile

Revenue

Up

$726,339

Up $128,454 (+21%) from 2023

Expenses

Up

$613,022

Up $71,985 (+13%) from 2023

Net Income

Up

$113,317

Up $56,469 (+99%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $20,957,191Liabilities 2010: $18,300,627Net Assets 2010: $2,656,5642010Assets 2011: $20,224,387Liabilities 2011: $17,548,176Net Assets 2011: $2,676,2112011Assets 2012: $21,282,209Liabilities 2012: $18,596,553Net Assets 2012: $2,685,6562012Assets 2013: $20,076,734Liabilities 2013: $17,403,317Net Assets 2013: $2,673,4172013Assets 2014: $19,424,737Liabilities 2014: $16,781,434Net Assets 2014: $2,643,3032014Assets 2015: $18,262,823Liabilities 2015: $15,678,901Net Assets 2015: $2,583,9222015Assets 2016: $16,543,826Liabilities 2016: $14,026,229Net Assets 2016: $2,517,5972016Assets 2017: $17,400,848Liabilities 2017: $14,923,425Net Assets 2017: $2,477,4232017Assets 2018: $16,783,534Liabilities 2018: $14,292,993Net Assets 2018: $2,490,5412018Assets 2019: $16,481,819Liabilities 2019: $13,962,109Net Assets 2019: $2,519,7102019Assets 2020: $17,060,379Liabilities 2020: $14,516,693Net Assets 2020: $2,543,6862020Assets 2021: $17,226,855Liabilities 2021: $14,680,993Net Assets 2021: $2,545,8622021Assets 2022: $16,760,716Liabilities 2022: $14,262,984Net Assets 2022: $2,497,7322022Assets 2023: $15,666,930Liabilities 2023: $13,112,350Net Assets 2023: $2,554,5802023Assets 2024: $16,169,567Liabilities 2024: $13,501,670Net Assets 2024: $2,667,8972024

Highlighted filing

2024

Assets$16,169,567
Liabilities$13,501,670
Net Assets$2,667,897
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $785,1822010Expenses 2011: $581,2602011Expenses 2012: $547,5792012Revenue 2013: $455,288Expenses 2013: $467,527Net Income 2013: -$12,2392013Revenue 2014: $397,054Expenses 2014: $427,168Net Income 2014: -$30,1142014Revenue 2015: $365,989Expenses 2015: $425,370Net Income 2015: -$59,3812015Revenue 2016: $372,064Expenses 2016: $438,389Net Income 2016: -$66,3252016Revenue 2017: $376,970Expenses 2017: $417,144Net Income 2017: -$40,1742017Revenue 2018: $460,966Expenses 2018: $447,848Net Income 2018: $13,1182018Revenue 2019: $500,854Expenses 2019: $471,685Net Income 2019: $29,1692019Revenue 2020: $528,568Expenses 2020: $504,592Net Income 2020: $23,9762020Revenue 2021: $474,751Expenses 2021: $472,575Net Income 2021: $2,1762021Revenue 2022: $431,886Expenses 2022: $474,364Net Income 2022: -$42,4782022Revenue 2023: $597,885Expenses 2023: $541,037Net Income 2023: $56,8482023Revenue 2024: $726,339Expenses 2024: $613,022Net Income 2024: $113,3172024

Highlighted filing

2024

Revenue$726,339
Expenses$613,022
Net Income$113,317
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$16,169,567
Liabilities
$13,501,670
Net assets
$2,667,897
Revenue
$726,339
Expenses
$613,022
Net income
$113,317
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$13.5$2.67$0.73$0.61$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$13.1$2.55$0.60$0.54$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$14.3$2.50$0.43$0.47$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$14.7$2.55$0.47$0.47$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.1$14.5$2.54$0.53$0.50$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$14.0$2.52$0.50$0.47$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.8$14.3$2.49$0.46$0.45$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$14.9$2.48$0.38$0.42$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$14.0$2.52$0.37$0.44$0.07
2015Detailed filing. Detailed filing data is available for this year.$18.3$15.7$2.58$0.37$0.43$0.06
2014Detailed filing. Detailed filing data is available for this year.$19.4$16.8$2.64$0.40$0.43$0.03
2013Detailed filing. Detailed filing data is available for this year.$20.1$17.4$2.67$0.46$0.47$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$18.6$2.69$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$17.5$2.68$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$18.3$2.66$0.79
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 31, 2023
Return Version
2022v5.0
Gross Receipts
$431,886
Mission and Program Overview

Mission

Cooperative provider of credit union financial services

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$12,931,281$12,151,056▼ $780,225
Other Notes and Loans Receivable, Net$3,533,322$3,958,762▲ $425,440
Rtn Earn Endowment Incm Other Fnds$2,545,862$2,497,732▼ $48,130
Savings and Temporary Cash Investments$485,595$346,382▼ $139,213
Prepaid Expenses and Deferred Charges$73,651$89,161▲ $15,510
Cash and Non-Interest-Bearing Accounts$34,527$40,865▲ $6,338
Land, Buildings, and Equipment, Net$9,518$9,492▼ $26
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Accounts Receivable$163$-240▼ $403
Total Assets$17,226,855$16,760,716▼ $466,139
Other Assets Total$158,798$165,238▲ $6,440
Liabilities
Other Liabilities$14,623,631$14,233,200▼ $390,431
Accounts Payable and Accrued Expenses$57,362$29,784▼ $27,578
Total Liabilities$14,680,993$14,262,984▼ $418,009
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,545,862$2,497,732▼ $48,130
Total Liabilities and Net Assets / Fund Balance$17,226,855$16,760,716▼ $466,139

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,492$0$9,492
Investment Program Related Org$21,960--
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carla ClakleyPresidentFT$60,755$18,735$79,490
Dorothy HymanDirector-$49,263-$49,263

Board Members and Trustees

NameTitle
Roger RatcliffChairman
Richard LongtineVice-chairman
Jair SantanaDirector
Marcina GuevaraDirector
Sheila BrashearSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$187,551
Investment Income
$244,335
Other Revenue
$0
Change in Net Assets
$-42,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$240,854
Other Expenses$233,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$176,434
Office Expenses---$81,453
Other Expenses---$49,363
Interest---$40,703
Other Employee Benefits---$37,797
Occupancy---$28,852
Pension Plan Contributions---$13,626
Payroll Taxes---$12,997
Travel---$7,329
Fees for Service Investment Mgmnt Fees---$6,239
All Other Expenses---$5,356
Advertising---$760
Total Functional Expenses$0$0$0$474,364
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Accounts$14,233,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Reed credit union is owned by its members”

Form 990, Part VI, Section A, Line 7A

“Reed credit union elects its directors each year for a 3 year term”

Form 990, Part VI, Section B, Line 11B

“The 990 form is reviewed and approved by the reed credit union governing body prior to filing”

Form 990, Part VI, Section B, Line 12C

“Directors certify with a signed statement annual a no conflict interest statement”

Form 990, Part VI, Section C, Line 18

“Reed credit union makes its governing documents, financial statements and conflict of interest policy available to public upon request. We notify our members two times a year that these documents are available on request. We post this information on our website.”

Form 990, Part VI, Section C, Line 19

“Reed credit union makes its governing documents, financial statements and conflict of interest policy available to the public upon request. We notify our members two times a year that these documents are available on request. We post this information on our website”

Filing and Contact Details

Filer

Filer Name
Reed Credit Union
EIN
74-0856365
Phone
7136733333
Address
10200 EAST FWY STE 125, HOUSTON, TX 77029

Signing Officer

Name
Carla Clakley
Title
President
Phone
7136733333
Signed
2023-03-31

Organization Details

Formed
1935
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
0
Employees
4
Volunteers
6
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 5

“PAYROLL”

Raw XML AppendixShowing 400 of 404 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt057362
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt029784
IRS990/AccountsReceivableGrp/BOYAmt0163
IRS990/AccountsReceivableGrp/EOYAmt0-240
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES
IRS990/AdvertisingGrp/TotalAmt0760
IRS990/AllOtherExpensesGrp/TotalAmt05356
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0CARLA CLAKLEY
IRS990/BooksInCareOfDetail/PhoneNum07136733333
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010200 EAST FWY STE 125
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077029
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt034527
IRS990/CashNonInterestBearingGrp/EOYAmt040865
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0176434
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0244335
IRS990/CYOtherExpensesAmt0233510
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0187551
IRS990/CYRevenuesLessExpensesAmt0-42478
IRS990/CYSalariesCompEmpBnftPaidAmt0240854
IRS990/CYTotalExpensesAmt0474364
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0431886
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt06239
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt018735
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CARLA CLAKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1DOROTHY HYMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD LONGTINE
IRS990/Form990PartVIISectionAGrp/PersonNm3MARCINA GUEVARA
IRS990/Form990PartVIISectionAGrp/PersonNm4SHEILA BRASHEAR
IRS990/Form990PartVIISectionAGrp/PersonNm5ROGER RATCLIFF
IRS990/Form990PartVIISectionAGrp/PersonNm6JAIR SANTANA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt060755
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt149263
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0431886
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt040703
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0244335
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0244335
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt012931281
IRS990/InvestmentsProgramRelatedGrp/EOYAmt012151056
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09518
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09492
IRS990/LandBldgEquipCostOrOtherBssAmt09492
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02545862
IRS990/NetAssetsOrFundBalancesEOYAmt02497732
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt028852
IRS990/OfficeExpensesGrp/TotalAmt081453
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0158798
IRS990/OtherAssetsTotalGrp/EOYAmt0165238
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt037797
IRS990/OtherExpensesGrp/Desc0LOAN LOSS
IRS990/OtherExpensesGrp/Desc1MISC
IRS990/OtherExpensesGrp/Desc2OPERATING FEE
IRS990/OtherExpensesGrp/Desc3LOAN SERVICE
IRS990/OtherExpensesGrp/TotalAmt02087
IRS990/OtherExpensesGrp/TotalAmt16906
IRS990/OtherExpensesGrp/TotalAmt24462
IRS990/OtherExpensesGrp/TotalAmt349363
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt014623631
IRS990/OtherLiabilitiesGrp/EOYAmt014233200
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03533322
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03958762
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt012997
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt013626
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt073651
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt089161
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0REED CREDIT UNION
IRS990/PriorPeriodAdjustmentsAmt0-5652
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2MISC
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0151241
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt126515
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0151241
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29795
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0207522
IRS990/PYOtherExpensesAmt0216129
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0267229
IRS990/PYRevenuesLessExpensesAmt02176
IRS990/PYSalariesCompEmpBnftPaidAmt0256446
IRS990/PYTotalExpensesAmt0472575
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0474751
IRS990/ReconcilationRevenueExpnssAmt0-42478
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02545862
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02497732
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0485595
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0346382
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt09492
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09492
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt096
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt112129000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt221960
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0BONDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CCFCU
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014233200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09492
IRS990ScheduleD/TotalBookValueProgramRltdAmt012151056
IRS990ScheduleD/TotalLiabilityAmt014233200
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REED CREDIT UNION IS OWNED BY ITS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REED CREDIT UNION ELECTS ITS DIRECTORS EACH YEAR FOR A 3 YEAR TERM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 FORM IS REVIEWED AND APPROVED BY THE REED CREDIT UNION GOVERNING BODY PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS CERTIFY WITH A SIGNED STATEMENT ANNUAL A NO CONFLICT INTEREST STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REED CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO PUBLIC UPON REQUEST. WE NOTIFY OUR MEMBERS TWO TIMES A YEAR THAT THESE DOCUMENTS ARE AVAILABLE ON REQUEST. WE POST THIS INFORMATION ON OUR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REED CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. WE NOTIFY OUR MEMBERS TWO TIMES A YEAR THAT THESE DOCUMENTS ARE AVAILABLE ON REQUEST. WE POST THIS INFORMATION ON OUR WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 5
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017226855
IRS990/TotalAssetsEOYAmt016760716
IRS990/TotalAssetsGrp/BOYAmt017226855
IRS990/TotalAssetsGrp/EOYAmt016760716
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0474364
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014680993
IRS990/TotalLiabilitiesEOYAmt014262984
IRS990/TotalLiabilitiesGrp/BOYAmt014680993
IRS990/TotalLiabilitiesGrp/EOYAmt014262984
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02545862
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02497732
IRS990/TotalOtherCompensationAmt018735
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt0187551
IRS990/TotalReportableCompFromOrgAmt0110018
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0431886
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0431886
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017226855
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016760716
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt07329
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt010200 EAST FWY 125
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077029
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0REEDCREDITUNION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CARLA CLAKLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07136733333
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REED CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0REED
ReturnHeader/Filer/EIN0740856365
ReturnHeader/Filer/PhoneNum07136733333
ReturnHeader/Filer/USAddress/AddressLine1Txt010200 EAST FWY STE 125
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077029
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-03-31T10:54:06-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.