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

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$45,870,149

Program Services
78%
Other
18%
Investments
4%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$42,680,803

Other
37%
Salaries & Benefits
32%
Benefits to Members
14%
Offices, Occupancy & IT
9%
Fees to Service Providers
5%
Advertising & Promotion
2%
Depreciation
1%
Interest
<1%
Grants
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$31,845,907
$35,819,613
+12%
Membership Dues
$0
$0
-
Investments
$1,919,651
$1,853,788
-3%
Other
$7,727,658
$8,196,748
+6%
Total Revenues
$41,493,216
$45,870,149
+11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$4,602,106
$6,022,928
+31%
Salaries & Benefits
$13,732,070
$13,702,360
0%
Fees to Service Providers
$1,714,554
$1,950,974
+14%
Advertising & Promotion
$804,996
$724,224
-10%
Offices, Occupancy & IT
$5,470,345
$3,960,560
-28%
Interest
$64,616
$15,497
-76%
Depreciation
$763,894
$632,450
-17%
Other
$12,645,259
$15,671,810
+24%
Total Expenses
$39,797,840
$42,680,803
+7%
Net income
2023
2024
Change
Net income
+$1,695,376
+$3,189,346
+88%
Functional Expenses
Summary
2023
2024
Change
Program
$39,797,840
$42,680,803
+7%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$39,797,840
$42,680,803
+7%
Income Statement
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