Trinity Valley Teacher Credit Union in Palestine, Texas (TX)

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Trinity Valley Teacher Credit Union
Employer Identification Number (EIN)750879008
Name of OrganizationTrinity Valley Teacher Credit Union
AddressPO BOX 303, Palestine, TX 75802-0303
ActivitiesCredit union
SubsectionCredit Union
Ruling Date06/1976
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$25,664,619
Amount of Income$602,368
Form 990 Revenue Amount$602,368

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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$635,531
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$502,701
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$128,746
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net loss from sales of assets other than inventory$-400
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $15,200
Less: cost or other basis and sales expenses (Securities / Other)$0 / $15,600
Gain or (loss) (Securities / Other)$0 / $-400
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$4,484
Statement of Functional Expenses (for 2011)
Total functional expenses$807,940
Compensation of current officers, directors, trustees, and key employees$88,445
Other salaries and wages$129,948
Payroll taxes$16,987
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$25,592,720
Total liabilities$18,633,091
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
Total net assets or fund balances$6,959,629
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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CentralCredit Union Department Of The State Of Texas, Group Return914 E Anderson Ln, Austin, TX 78752-1604TX1964-01$0
SubordinateIntouch Credit Union5640 Democracy Dr, Plano, TX 75024-3514TX1976-06$136,811,359
SubordinateTexas Dow Employees Credit Union1001 Fm 2004 Rd, Lake Jackson, TX 77566-4012TX1976-06$133,064,134
SubordinateGecu1225 Airway Blvd, El Paso, TX 79925-3620TX1976-06$128,463,019
SubordinateNavy Army Community Credit UnionPO BOX 81349, Corp Christi, TX 78468-1349TX1976-06$102,913,831
SubordinateTexans Credit Union777 E Campbell Rd Ste 140, Richardson, TX 75081-1860TX1976-06$90,192,314
SubordinateCredit Union Of Texas, Delta Kappa Gamma Tau Chapter1426 Del Carlo, Seagoville, TX 75159TX1976-06$77,253,025
SubordinateEecu, Theta C Delta Kappa Gamma Society901 Roaring Canyon Rd, Euless, TX 76039TX1976-06$70,845,798
SubordinateFirst Community Credit Union Of HoustonPO BOX 840129, Houston, TX 77284-0129TX1976-06$63,150,907
SubordinateCity Credit Union7474 Ferguson Rd, Dallas, TX 75228-6543TX1976-06$54,174,973
SubordinateFirstmark Credit Union2023 Gold Canyon Dr, San Antonio, TX 78232-1703TX1976-06$50,347,585
SubordinateUnited Heritage Credit Union3101 Bee Caves Rd Ste 150, Austin, TX 78746-5761TX1960-01$37,454,073
SubordinateSmart Financial4615 Southwest Fwy Ste 310, Houston, TX 77027-7235TX1976-06$35,791,133
SubordinateTexas Trust Credit Union1900 Country Club Dr, Mansfield, TX 76063-2630TX1976-06$35,209,133
SubordinateFort Worth Community Credit Union1905 Forest Ridge Dr, Bedford, TX 76021-5724TX1976-06$34,573,480
SubordinateVelocity Credit Union610 E 11th St, Austin, TX 78701-2621TX1960-01$34,526,347
SubordinateDatcu2636 John Dr, Denton, TX 76207-1142TX1976-06$31,046,827
SubordinateResource One Credit Union1200 Belleview St, Dallas, TX 75215-1837TX1976-06$26,172,363
SubordinateEast Texas Professional Credit409 E Loop 281, Longview, TX 75605-7916TX1976-06$25,058,053
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Number of affiliated organizations
Total210 is not associated with, endorsed by, or sponsored by Trinity Valley Teacher Credit Union and has no official or unofficial affiliation with Trinity Valley Teacher Credit Union