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MCT CREDIT UNION

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Public IRS 990 nonprofit record

MCT CREDIT UNION

EIN 74-1255147 · Telecommunications (W50)

What they do

to PROVIDE FINANCIAL SERVICES, LOAN, and DEPOSIT PRODUCTS THAT WILL MEET NEEDS and EXPECTATIONS of THE FIELD of MEMBERSHIP and PROVIDE A FAIR and EQUITABLE RETURN to THE CREDIT UNION. to GROW THE FIELD of MEMBERSHIP BY AGGRESSIVELY PURSUING ALL PERSONS IN NEED of FINANCIAL PRODUCTS and SERVICES BY CONTINUALLY ENHANCING PRODUCTS to BETTER SERVE THE FIELD of MEMBERSHIP.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$95.15spent for every $100 of revenueRevenue covered expenses this year.
$17.33in assets for every $1 spent this yearSome assets cannot be spent right away.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $653,984 for THADDEUS ANGELLE (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$21,743,927
Expenses$20,690,246
Annual surplus $1,053,681 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$21,743,927
Expenses$20,690,246
Assets$358,623,991
Income$21,873,404
Stocks and bonds$72,660,747
Accounting fees$83,476
Investing fees$917,460
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
THADDEUS ANGELLEPRESIDENT/CEO · 50 hrs/week $653,984Base $352,942 · Other $301,042
KAREN FREDERICKCOO · 50 hrs/week $347,483Base $196,088 · Other $151,395
CHAD POWELLEVP/CFO · 50 hrs/week $292,324Base $220,488 · Other $71,836
KEITH DOUCETVP OF BUSINESS LENDING · 50 hrs/week $228,848Base $176,115 · Other $52,733
KAYLA ALLBRITTONSVP OF OPERATIONS · 50 hrs/week $197,969Base $153,083 · Other $44,886
MICHAEL FRAZIERVP IT · 50 hrs/week $194,747Base $127,721 · Other $67,026
SHANDA ROJASVP CONSUMER LENDING · 50 hrs/week $162,844Base $120,442 · Other $42,402
BRANDY COLUNGAVICE PRESIDENT HUMAN RESOU · 50 hrs/week $161,561Base $129,429 · Other $32,132

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

THADDEUS ANGELLEPRESIDENT/CEO

KAREN FREDERICKCOO

CHAD POWELLEVP/CFO

KEITH DOUCETVP OF BUSINESS LENDING

KAYLA ALLBRITTONSVP OF OPERATIONS

MICHAEL FRAZIERVP IT

SHANDA ROJASVP CONSUMER LENDING

BRANDY COLUNGAVICE PRESIDENT HUMAN RESOU

TRENT DEVENZIOVICE CHAIRMAN

REBECCA DEMETERBOARD SECRETARY/TREASURER

RANDY CHANCEDIRECTOR

RANDY BROWNDIRECTOR

MICHAEL LAIRDDIRECTOR

KIMBERLY PITTSDIRECTOR

JAMES MYERS JRDIRECTOR

DR GEORGE SCOTTBOARD CHAIRMAN

DEBORAH NORRISDIRECTOR

About this charity

Recognized since
January 1976
Location
2736 NALL ST, PORT NECHES, TX 77651-5204
County
Jefferson
In care of
CHAD POWELL
Primary officer
CHAD POWELL, EVP/CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Telecommunications (W50)
IRS tax category
Telecommunications

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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