Baptist Employees Credit Union in Cary, North Carolina (NC)

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Baptist Employees Credit Union
Employer Identification Number (EIN)566045338
Name of OrganizationBaptist Employees Credit Union
Address205 Convennon Dr, Cary, NC 27511
ActivitiesEndowment fund or financial services, Loans or credit reporting, Other services or benefits to members or employees
SubsectionCredit Union
Ruling Date08/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,008,419
Amount of Income$127,669
Form 990 Revenue Amount$127,669


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$127,669
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$82,430
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$45,239
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$245,693
Compensation of current officers, directors, trustees, and key employees$53,000
Other salaries and wages$28,452
Payroll taxes$5,330
Professional fundraising services$0
Other$158,911
Balance Sheet (for 2011)
Total assets$4,008,419
Total liabilities$3,570,366
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$3,570,366
Total net assets or fund balances$438,053
Retained earnings, endowment, accumulated income, or other funds$438,053
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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18Barbara & Jerry Levin Charitable Foundation5019 Carmel Park Dr, Charlotte, NC 28226-5134NC2001-04$173,318
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralState Chartered Credit Unions In North Carolina4314 Mail Service Ctr, Raleigh, NC 27699-4300NC1969-08$0
SubordinateState Chartered Credit Unions In North Carolina, First Carolina Corp Credit Union1231 Shields Rd Ste 5, Kernersville, NC 27284-3975NC1969-08$155,584,738
SubordinateSelf Help Credit Union301 W Main St, Durham, NC 27701-3215NC1969-08$29,989,171
SubordinateState Chartered Credit Unions In North Carolina, Charlotte Metro Credit Union718 Central Ave, Charlotte, NC 28204-2024NC1969-08$16,464,320
SubordinateState Chartered Credit Unions In North Carolina, Piedmont Advantage Credit Union3530 Advantage Way, Winston Salem, NC 27103-5515NC1969-08$15,029,324
SubordinateState Chartered Credit Unions In North Carolina, Members Credit UnionPO BOX 5297, Winston Salem, NC 27113-5297NC1969-08$13,440,714
SubordinateChoice Community Credit Union3400 Battleground Ave, Greensboro, NC 27410-2404NC1969-08$11,464,650
SubordinateState Chartered Credit Unions In North Carolina8210 W Market St, Greensboro, NC 27409-9679NC1969-08$10,977,583
SubordinateState Chartered Credit Unions In, Champion Credit Union1 Academy St, Canton, NC 28716-4402NC1969-08$10,833,266
SubordinateState Chartered Credit Unions In North Carolina, Latino Community Credit Union100 W Morgan St, Durham, NC 27701-3315NC1969-08$9,284,825
SubordinateState Chartered Credit Unions In North Carolina, Mountain Credit Union38 Maple St, Waynesville, NC 28786-5764NC1969-08$8,648,796
SubordinateTelco Community Credit Union412 New Leicester Hwy, Asheville, NC 28806NC1969-08$7,498,605
SubordinateWinston-Salem City Employees Frederal Credit Union, Winston Salem City Employees Credit711 E Salem Ave, Winston Salem, NC 27101-5365NC1969-08$4,978,501
SubordinateState Chartered Credit Unions In North Carolina, Welcome C UPO BOX 13398, Rtp, NC 27709-3398NC1969-08$4,874,020
SubordinateState Chartered Credit Unions In North Carolina, Carolina Postal Credit UnionPO BOX 669227, Charlotte, NC 28266-9227NC1969-08$4,867,523
SubordinateState Chartered Credit Union In North Carolina, United Services Credit Union391 S French Broad Ave, Asheville, NC 28801-4315NC1969-08$4,528,667
SubordinateState Chartered Credit Unions In North Carolina, Commscope Credit UnionPO BOX 199, Catawba, NC 28609-0199NC1969-08$3,872,549
SubordinateState Chartered Credit Union In North Carolina, First Legacy Community Credit Union431 Beatties Ford Rd, Charlotte, NC 28216-5331NC1969-08$3,234,119
SubordinateState Chartered Credit Unions In North Carolina, Greater Kinston Credit Union901 N Queen St, Kinston, NC 28501-3943NC1969-08$3,164,642
SubordinateState Chartered Credit Unions In, Electel Cooperative Credit UnionPO BOX 27306, Raleigh, NC 27611-7306NC1969-08$3,073,961
Number of affiliated organizations
North Carolina77
Total77

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