Civic Intelligence

Highway District 2 Credit Union

EIN 75-1016630 • 501(c)14 • Fort Worth, TX

Fort Worth, TX
Siviq Scores

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

Liabilities / Assets

30th percentile

0.74x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

17.51x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2023

Net Margin

71st percentile

9.4%

Higher net margin than 71% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

-9.1%

Faster asset growth than 40% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

15%

Faster revenue growth than 80% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$4,790,275

Down $151,278 (-3.1%) from 2023

Liabilities

Down

$3,454,723

Down $201,192 (-5.5%) from 2023

Net Assets

Up

$1,335,552

Up $49,914 (+3.9%) from 2023

Revenue

Up

$253,131

Up $44,397 (+21%) from 2023

Expenses

Up

$203,217

Up $14,045 (+7.4%) from 2023

Net Income

Up

$49,914

Up $30,352 (+155%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,608,715Liabilities 2011: $5,459,310Net Assets 2011: $1,149,4052011Assets 2012: $6,558,076Liabilities 2012: $5,384,161Net Assets 2012: $1,173,9152012Assets 2013: $6,428,022Liabilities 2013: $5,232,831Net Assets 2013: $1,195,1912013Assets 2014: $6,434,328Liabilities 2014: $5,229,833Net Assets 2014: $1,204,4952014Assets 2015: $6,230,419Liabilities 2015: $5,024,719Net Assets 2015: $1,205,7002015Assets 2016: $6,397,526Liabilities 2016: $5,216,938Net Assets 2016: $1,180,5882016Assets 2017: $5,932,843Liabilities 2017: $4,758,335Net Assets 2017: $1,174,5082017Assets 2018: $6,048,371Liabilities 2018: $4,869,466Net Assets 2018: $1,178,9052018Assets 2019: $5,411,813Liabilities 2019: $4,198,740Net Assets 2019: $1,213,0732019Assets 2020: $5,558,628Liabilities 2020: $4,313,379Net Assets 2020: $1,245,2492020Assets 2021: $5,459,340Liabilities 2021: $4,190,746Net Assets 2021: $1,268,5942021Assets 2022: $5,438,194Liabilities 2022: $4,172,118Net Assets 2022: $1,266,0762022Assets 2023: $4,941,553Liabilities 2023: $3,655,915Net Assets 2023: $1,285,6382023Assets 2024: $4,790,275Liabilities 2024: $3,454,723Net Assets 2024: $1,335,5522024

Highlighted filing

2024

Assets$4,790,275
Liabilities$3,454,723
Net Assets$1,335,552

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $234,881Expenses 2011: $228,289Net Income 2011: $6,5922011Revenue 2012: $274,358Expenses 2012: $214,069Net Income 2012: $60,2892012Revenue 2013: $225,666Expenses 2013: $204,390Net Income 2013: $21,2762013Revenue 2014: $215,412Expenses 2014: $206,108Net Income 2014: $9,3042014Revenue 2015: $197,902Expenses 2015: $196,697Net Income 2015: $1,2052015Revenue 2016: $189,009Expenses 2016: $214,121Net Income 2016: -$25,1122016Revenue 2017: $195,489Expenses 2017: $201,569Net Income 2017: -$6,0802017Revenue 2018: $215,282Expenses 2018: $210,885Net Income 2018: $4,3972018Revenue 2019: $235,078Expenses 2019: $200,910Net Income 2019: $34,1682019Revenue 2020: $228,465Expenses 2020: $196,289Net Income 2020: $32,1762020Revenue 2021: $195,322Expenses 2021: $171,977Net Income 2021: $23,3452021Revenue 2022: $181,187Expenses 2022: $183,705Net Income 2022: -$2,5182022Revenue 2023: $208,734Expenses 2023: $189,172Net Income 2023: $19,5622023Revenue 2024: $253,131Expenses 2024: $203,217Net Income 2024: $49,9142024

Highlighted filing

2024

Revenue$253,131
Expenses$203,217
Net Income$49,914

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$3.45$1.34$0.25$0.20$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$3.66$1.29$0.21$0.19$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.44$4.17$1.27$0.18$0.18$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.46$4.19$1.27$0.20$0.17$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.56$4.31$1.25$0.23$0.20$0.03
2019Summary only. Only limited summary data is available for this year.$5.41$4.20$1.21$0.24$0.20$0.03
2018Summary only. Only limited summary data is available for this year.$6.05$4.87$1.18$0.22$0.21$0.00
2017Summary only. Only limited summary data is available for this year.$5.93$4.76$1.17$0.20$0.20$0.01
2016Summary only. Only limited summary data is available for this year.$6.40$5.22$1.18$0.19$0.21$0.03
2015Summary only. Only limited summary data is available for this year.$6.23$5.02$1.21$0.20$0.20$0.00
2014Summary only. Only limited summary data is available for this year.$6.43$5.23$1.20$0.22$0.21$0.01
2013Summary only. Only limited summary data is available for this year.$6.43$5.23$1.20$0.23$0.20$0.02
2012Summary only. Only limited summary data is available for this year.$6.56$5.38$1.17$0.27$0.21$0.06
2011Summary only. Only limited summary data is available for this year.$6.61$5.46$1.15$0.23$0.23$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 17, 2025
Return Version
2024v5.0
Gross Receipts
$253,131
Mission and Program Overview

Mission

Encouraging thrift, providing a source of credit at fair and reasonable rate of interest; providing opportunities for members to use and control their money to improve their economic condition

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,840,627$2,768,213▼ $72,414
Accounts Receivable$1,873,459$1,901,773▲ $28,314
Rtn Earn Endowment Incm Other Fnds$1,285,638$1,335,552▲ $49,914
Cash and Non-Interest-Bearing Accounts$162,160$59,681▼ $102,479
Prepaid Expenses and Deferred Charges$22,674$23,121▲ $447
Land, Buildings, and Equipment, Net$33$33→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,941,553$4,790,275▼ $151,278
Other Assets Total$42,600$37,454▼ $5,146
Liabilities
Other Liabilities$3,650,258$3,450,225▼ $200,033
Accounts Payable and Accrued Expenses$5,657$4,498▼ $1,159
Total Liabilities$3,655,915$3,454,723▼ $201,192
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,285,638$1,335,552▲ $49,914
Total Liabilities and Net Assets / Fund Balance$4,941,553$4,790,275▼ $151,278

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33$19,915$19,948
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dania PearsonPresident/ManagerPT$67,200$67,200

Board Members and Trustees

NameTitle
Raymond BuzalksyChair person
Michael GageVice Chair Person
Charles CrockettBoard Director
John TillinghastBoard Director
Scott HallBoard Director
Tanya CrockettBoard Director
Lisa StoneSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$117,158
Investment Income
$135,239
Other Revenue
$734
Change in Net Assets
$49,914
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$118,220
Other Expenses$84,997
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---$67,700
Other Salaries and Wages---$42,000
Interest---$17,936
Occupancy---$14,503
Office Expenses---$13,940
Payroll Taxes---$8,520
Other Expenses---$7,510
Fees for Services Accounting---$7,493
Information Technology---$7,061
Insurance---$4,176
Total Functional Expenses$0$0$0$203,217
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 shares$3,450,225
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 2

Tanya Crockett and spouse, Charles Crockett, serve on the board together. Tanya also retired from Highway District 2 Credit Union in 2020.

Form 990, Part VI, Section A, Line 6

The Highway District 2 Credit Union is totally owned by member shareholders.

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

All shareholders attending the annual shareholders meeting elect the Board of Directors

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

A copy of Form 990 was provided to each member of the Highway District 2 Credit Union Board of Directors for review, questions and comments were submitted to the person that prepared the Form 990. Responses were then forwarded to the board for approval.

Form 990, Part VI, Section C, Line 19

The Highway District 2 Credit Union makes the governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Highway District 2 Credit Union
EIN
75-1016630
Phone
8173464920
Address
6112 McCart Ave Suite 205, Fort Worth, TX 76133

Signing Officer

Name
Robin Scarberry
Title
Assistant Manager
Phone
8173464920
Signed
2025-04-17

Organization Details

Principal Officer
Dania Koleilat
Formed
1958
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
7
Raw XML Appendix383 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
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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AnnualDisclosureCoveredPrsnInd00
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IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Dania Koleilat
IRS990/BooksInCareOfDetail/PhoneNum08173464920
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06112 McCart Ave Suite 205
IRS990/BooksInCareOfDetail/USAddress/CityNm0Fort Worth
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076133
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IRS990/CntrctRcvdGreaterThan100KCnt00
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/CompensationProcessOtherInd00
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IRS990/ConservationEasementsInd00
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IRS990/Desc0Share accounts-The Highway District 2 Credit Union share accounts offer advantages to members of all ages. As of December 31 2024 the credit union has 681 members earning quarterly dividends on their demand account at an average of 0.483%
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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Dania Pearson
IRS990/Form990PartVIISectionAGrp/PersonNm1Charles Crockett
IRS990/Form990PartVIISectionAGrp/PersonNm2Scott Hall
IRS990/Form990PartVIISectionAGrp/PersonNm3John Tillinghast
IRS990/Form990PartVIISectionAGrp/PersonNm4Tanya Crockett
IRS990/Form990PartVIISectionAGrp/PersonNm5Michael Gage
IRS990/Form990PartVIISectionAGrp/PersonNm6Raymond Buzalksy
IRS990/Form990PartVIISectionAGrp/PersonNm7Lisa Stone
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Chair person
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary/Treasurer
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Consumer Loans-The Highway District 2 Credit Union provides vehicle, equipment, boat, motorcycle, recreational vehicles and personal loans offering rates competitive with the market
IRS990/ProhibitedTaxShelterTransInd00
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0member shares
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IRS990ScheduleD/TotalLiabilityAmt03450225
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Tanya Crockett and spouse, Charles Crockett, serve on the board together. Tanya also retired from Highway District 2 Credit Union in 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Highway District 2 Credit Union is totally owned by member shareholders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All shareholders attending the annual shareholders meeting elect the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A copy of Form 990 was provided to each member of the Highway District 2 Credit Union Board of Directors for review, questions and comments were submitted to the person that prepared the Form 990. Responses were then forwarded to the board for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Highway District 2 Credit Union makes the governing documents, conflict of interest policy and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/USAddress/AddressLine1Txt04829 Elkhart Drive
IRS990/USAddress/CityNm0Crowley
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076036
IRS990/VotingMembersGoverningBodyCnt07
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IRS990/WebsiteAddressTxt0dist2cu.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Robin Scarberry
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Assistant Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum08173464920
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHWAY DISTRICT 2 CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0751016630
ReturnHeader/Filer/PhoneNum08173464920
ReturnHeader/Filer/USAddress/AddressLine1Txt06112 McCart Ave Suite 205
ReturnHeader/Filer/USAddress/CityNm0Fort Worth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076133
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-04-24T14:57:06-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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