National Association Of State Credit Union Supervisors

Organization Overview

National Association Of State Credit Union Supervisors is located in Arlington, VA. The organization was established in 1978. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, National Association Of State Credit Union Supervisors employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of State Credit Union Supervisors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2023, National Association Of State Credit Union Supervisors generated $3.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE NASCUS MISSION IS TO FORGE A VIBRANT DUAL CHARTER SYSTEM BY PROMOTING A RELEVANT, GROWTH-ORIENTED, AND HEALTHY STATE CHARTER OPTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NATIONAL CONFERENCE FOR MEMBERS FOR EDUCATION AND NETWORKING PURPOSES;ONSITE TRAINING EVENTS FOR PROFESSIONAL DEVELOPMENT AND ONGOING EDUCATION FOR MEMBERS; ONLINE EDUCATIONAL OFFERINGS ON VARIOUS PERTINENT, TIMELY SUBJECTS FOR MEMBERS. NASCUS CONDUCTS THESE ACTIVITIES TO IMPROVE THE SUPERVISION OF STATE-CHARTERED CREDIT UNIONS AND TO FACILITATE THE ADMINISTRATION OF LAWS AND REGULATIONS GOVERNING SUCH INSTITUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Janet Powell
Chair
$0
Katie Averill
Vice Chair
$0
Denice Schultheiss
Secretary/treasurer
$0
Yolanda Ford
Director
$0
Amy Hunter
Director
$0
Corey Krebs
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,722,386
Investment income $75,409
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$30,036
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,903,784

Peer Organizations

Organization NameAssets
The Tennessee Credit Union
Nashville, TN
$19,477,558
Cornerstone Financial Credit Union
Nashville, TN
$23,967,218
U S Community Credit Union
Nashville, TN
$19,517,866
State Chartered Credit Unions In
Canton, NC
$21,314,879
State Chartered Credit Unions In North Carolina
Greensboro, NC
$18,701,954
Ashland Credit Union
Ashland, KY
$16,845,160
Old Hickory Credit Union
Old Hickory, TN
$14,832,560
State Chartered Credit Unions In North Carolina
Waynesville, NC
$17,481,627
Telco Community Credit Union
Candler, NC
$16,867,383
Service One Credit Union Inc
Bowling Green, KY
$12,679,775
Bowater Employees Credit Union
Calhoun, TN
$12,161,157
Scenic Community Credit Union
Hixson, TN
$8,288,565
Lowland Credit Union
Morristown, TN
$7,302,104
Kimberly Clark Credit Union
Memphis, TN
$7,706,688
Carolina Small Business Development Fund
Raleigh, NC
$6,416,650
Northeast Community Credit Union
Elizabethton, TN
$8,780,666
State Chartered Credit Unions In North Carolina
Charlotte, NC
$7,093,444
Employee Resources Credit Union
Lawrenceburg, TN
$7,210,233
Credit Union For Robertson County
Springfield, TN
$6,256,723
Expree Credit Union
Frankfort, KY
$5,792,192
Greater Kentucky Credit Union Inc
Lexington, KY
$5,100,885
Enbright Credit Union
Nashville, TN
$4,938,371
Entrust Financial Credit Union
Richmond, VA
$4,148,038
Beacon Credit Union
Louisville, KY
$3,993,134
City Employees-Knoxville
Knoxville, TN
$5,291,421

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