Fort Worth Telco Credit Union in Fort Worth, Texas (TX)

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Fort Worth Telco Credit Union
Employer Identification Number (EIN)750801235
Name of OrganizationFort Worth Telco Credit Union
Address1120 Summit Ave, Fort Worth, TX 76102-3424
ActivitiesCredit union
SubsectionCredit Union
Ruling Date06/1976
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$38,996,129
Amount of Income$1,417,387
Form 990 Revenue Amount$1,417,317


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
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 2012)
Total revenue$1,417,317
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,287,350
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$130,037
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-70
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $70
Gain or (loss) (Securities / Other)$0 / $-70
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 2012)
Total functional expenses$1,511,381
Compensation of current officers, directors, trustees, and key employees$115,846
Other salaries and wages$392,351
Payroll taxes$39,592
Professional fundraising services$0
Other$963,592
Balance Sheet (for 2012)
Total assets$38,996,129
Total liabilities$36,587,938
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$36,587,938
Total net assets or fund balances$2,408,191
Retained earnings, endowment, accumulated income, or other funds$2,408,191
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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10Fort Worth Teen Court Inc1000 Throkmorton Street, Fort Worth, TX 76102TX1987-06$0
11Fort Worth Telco Credit Union1120 Summit Ave, Fort Worth, TX 76102-3424TX1976-06$1,417,387
12Fort Worth Theatre Inc8359 Harwood Rd Apt 931, N Richlnd Hls, TX 76180-5840TX1951-12$38,364
13Fort Worth Trap & Skeet Club1064 Rm 2871, Fort Worth, TX 76126TX1950-09$0
14Fort Worth Trauma Education And Research Foundation Inc1325 Pennsylvania Ave Ste 200, Fort Worth, TX 76104-2100TX2001-04$49,560
15Fort Worth United Soccer ClubPO BOX 296, Burleson, TX 76097-0296TX1990-12$569,372
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17Fort Worth Wildcat Committee777 Main St Ste 800, Fort Worth, TX 76102-5350TX1965-10$148,825
18Fort Worth Wildlife Conservation Fund201 Main St Ste 2600, Fort Worth, TX 76102-3134TX2001-11$77,228
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralCredit Union Department Of The State Of Texas, Group Return914 E Anderson Ln, Austin, TX 78752-1604TX1964-01$0
SubordinateTexas Dow Employees Credit Union2012 Wildwood St, Richwood, TX 77531TX1976-06$132,605,553
SubordinateGecu1225 Airway Blvd, El Paso, TX 79925-3620TX1976-06$129,448,490
SubordinateNavy Army Community Credit Union2730 Rodd Field Rd, Corp Christi, TX 78414-3146TX1976-06$119,629,647
SubordinateCredit Union Of Texas, Delta Kappa Gamma Tau Chapter1426 Del Carlo, Seagoville, TX 75159TX1976-06$87,261,226
SubordinateEecu, Theta C Delta Kappa Gamma Society901 Roaring Canyon Rd, Euless, TX 76039TX1976-06$83,572,747
SubordinateMembers Choice Credit Union14960 Park Row, Houston, TX 77084-5165TX1976-06$77,551,182
SubordinateIntouch Credit UnionPO BOX 250169, Plano, TX 75025-0169TX1976-06$74,626,896
SubordinateFirst Community Credit Union Of Houston15260 Fm 529 Rd, Houston, TX 77095-3252TX1976-06$74,379,483
SubordinatePegasus Community Credit Union1201 Elm St, Dallas, TX 75270-2102TX1976-06$67,127,517
SubordinateTexans Credit Union777 E Campbell Rd Ste 140, Richardson, TX 75081-1860TX1976-06$61,058,880
SubordinateFirstmark Credit Union2023 Gold Canyon Dr, San Antonio, TX 78232-1703TX1976-06$54,641,860
SubordinateFirst Service Credit Union9621 W Sam Houston Pkwy N, Houston, TX 77064-5556TX1976-06$51,936,154
SubordinateSmart Financial4615 Southwest Fwy Ste 310, Houston, TX 77027-7235TX1976-06$37,022,364
SubordinateTexas Trust Credit Union1900 Country Club Dr, Mansfield, TX 76063-2630TX1976-06$35,684,869
SubordinateVelocity Credit Union610 E 11th St, Austin, TX 78701-2621TX1960-01$34,526,347
SubordinateUnited Heritage Credit Union12208 N Mopac Expressway, Austin, TX 78758-2402TX1960-01$34,315,060
SubordinateFort Worth Community Credit Union1905 Forest Ridge Dr, Bedford, TX 76021-5724TX1976-06$34,130,331
SubordinateGulf Credit Union5140 W Parkway St, Groves, TX 77619-2920TX1976-06$33,449,231
SubordinateDatcuTwu Graduate School Po Box 425649, Denton, TX 76204-5649TX1976-06$33,157,022
Number of affiliated organizations
Texas228
Total228

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