STATE CHARTERED CREDIT UNIONS IN LOUISIANA: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
STATE CHARTERED CREDIT UNIONS IN LOUISIANA (EIN 72-0440119)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-09
IRS object ID
202610999349301141
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-09T16:41:22-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN720440119EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FEDERAL EMPLOYEES CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% SHARON HESTERInCareOfNm
Business Name ControlFEDEBusinessNameControlTxt
Phone3183873215PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5006AddressLine1Txt
CityMONROECityNm
State AbbreviationLAStateAbbreviationCd
ZIP71211ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHARON HESTERPersonNm
Person TitleMANAGERPersonTitleTxt
Phone3183873215PhoneNum
Signature2026-04-09SignatureDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSharon K HesterPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1416 SHERIDAN AVEAddressLine1Txt
CityMONROECityNm
State AbbreviationLAStateAbbreviationCd
ZIP71201ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,131,814GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscCREDIT UNIONOtherOrganizationDsc
Formation1942FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionSTATE CHARTERED CREDIT UNION THAT SERVES MEMBERS IN THE 712 ZIP CODE AREAActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$130,503PYInvestmentIncomeAmt
CY Investment Income$185,185CYInvestmentIncomeAmt
PY Other Revenue$913,144PYOtherRevenueAmt
CY Other Revenue$946,629CYOtherRevenueAmt
PY Total Revenue$1,043,647PYTotalRevenueAmt
CY Total Revenue$1,131,814CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$384,972PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$396,613CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$438,381PYOtherExpensesAmt
CY Other Expenses$492,782CYOtherExpensesAmt
PY Total Expenses$823,353PYTotalExpensesAmt
CY Total Expenses$889,395CYTotalExpensesAmt
PY Revenues Less Expenses$220,294PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$242,419CYRevenuesLessExpensesAmt
Total Assets BOY$21,620,253TotalAssetsBOYAmt
Total Assets EOY$22,573,030TotalAssetsEOYAmt
Total Liabilities BOY$154,556TotalLiabilitiesBOYAmt
Total Liabilities EOY$91,717TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$21,465,697NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,481,313NetAssetsOrFundBalancesEOYAmt
MissionSTATE CHARTERED CREDIT UNION THAT SERVES MEMBERS IN THE 712 ZIP CODE AREA.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$889,395ExpenseAmt
Revenue$1,131,814RevenueAmt
DescSERVE MEMBERS IN THE 712 ZIP CODE AREA.Desc
Total Program Service Expenses$889,395TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FEDERAL EMPLOYEES CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3183873215PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1416 SHERIDAN AVEAddressLine1Txt
CityMONROECityNm
State AbbreviationLAStateAbbreviationCd
ZIP71201ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp

FieldValueIRS element (for citing)
PersonSHARON HESTERPersonNm
TitleMANAGERTitleTxt
Average Hours Per Week40.00AverageHoursPerWeekRt
Average Hours Per Week Rltd Org0.00AverageHoursPerWeekRltdOrgRt
Highest Compensated EmployeeYes (X)HighestCompensatedEmployeeInd
Reportable Comp From Org$126,831ReportableCompFromOrgAmt
Reportable Comp From Rltd Org$0ReportableCompFromRltdOrgAmt
Other Compensation$0OtherCompensationAmt
FieldValueIRS element (for citing)
Total Reportable Comp From Org$126,831TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$185,185TotalRevenueColumnAmt
Related Or Exempt Func Income$185,185RelatedOrExemptFuncIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CREDIT UNION522100$867,076$867,076
CREDIT UNION522100$79,553$79,553
FieldValueIRS element (for citing)
Other Revenue Total$946,629OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,131,814TotalRevenueColumnAmt
Related Or Exempt Func Income$1,131,814RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$126,831TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$191,314TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$32,282TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$19,222TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$26,964TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,164TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$31,554TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$896TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$44,679TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$101,322TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$22,024TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$24,125TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,669TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
DIVIDENDS PAID TO MEMBERS$116,851
PROVISION FOR LOAN LOSSES$100,000
PROFESSIONAL & OUTSIDE SE$16,794
LOAN SERVICING$9,941

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,763TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$889,395TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$386,842BOYAmt
EOY$239,823EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,436,574BOYAmt
EOY$6,917,424EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,402,776BOYAmt
EOY$15,051,480EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$18,694BOYAmt
EOY$19,755EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$723,961LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$563,410LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$180,304BOYAmt
EOY$160,551EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$195,063BOYAmt
EOY$183,997EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,620,253BOYAmt
EOY$22,573,030EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$154,556BOYAmt
EOY$91,717EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$154,556BOYAmt
EOY$91,717EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,474,886BOYAmt
EOY$15,248,083EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,990,811BOYAmt
EOY$7,233,230EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,465,697BOYAmt
EOY$22,481,313EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,620,253BOYAmt
EOY$22,573,030EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$242,419ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$773,197OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$535,439InvestmentCostOrOtherBasisAmt
Depreciation$384,451DepreciationAmt
Book Value$150,988BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$188,522InvestmentCostOrOtherBasisAmt
Depreciation$178,959DepreciationAmt
Book Value$9,563BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$160,551TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,131,814TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$1,131,814RevenueSubtotalAmt
Total Revenue Per Form990$1,131,814TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$889,395TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$889,395ExpensesSubtotalAmt
Total Expenses Per Form990$889,395TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI Line 6THE CREDIT UNION IS OWNED BY IT'S MEMBERS.
Part VI Line 7aTHE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS,
Part VI Line 7bCERTAIN ACTIONS MUST HAVE APPOVAL BY THE CREDIT UNION MEMBERSHIP,
Part VI Line 11bAVAILABLE UPON REQUEST.
Part VI Line 19A FINANCIAL STATEMENT IS POSTED IN THE LOBBY EACH MONTH.
Part XI Line 9MEMBER SHARES INCREASED.

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