ASSOCIATED CREDIT UNION OF TEXAS
Pub 78

ASSOCIATED CREDIT UNION OF TEXAS
Pub 78

League City, TX, US
501(c)
EIN
74-1321144
Subordinate Organization

ASSOCIATED CREDIT UNION OF TEXAS
Pub 78

League City, TX, US
501(c)
EIN
74-1321144
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$510,243,022

Other Assets
85%
Investments
8%
Property, Plant, & Equipment (net)
3%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
<1%
Receivables (Non-Related)
<1%
Inventories
0%
Liabilities in 2024 (Year End)

$8,062,450

Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$30,012,508
$12,142,966
-60%
Receivables (Non-Related)
$494,269
$506,580
+2%
Related-Party Receivables
$2,037,396
$2,651,581
+30%
Inventories
-
-
-
Prepaid Expenses
$2,355,006
$2,687,838
+14%
Investments
$49,975,417
$42,536,895
-15%
Property, Plant, & Equipment (net)
$16,548,446
$15,737,650
-5%
Other Assets
$430,791,418
$433,979,512
+1%
Total Assets
$532,214,460
$510,243,022
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$9,574,124
$8,062,450
-16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$9,574,124
$8,062,450
-16%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$522,640,336
$502,180,572
-4%
Net assets
2023
2024
Change
Net assets
+$522,640,336
+$502,180,572
-4%
Balance Sheet
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