Pie

Organization Overview

Pie is located in Houston, TX. The organization was established in 1976. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Pie is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2022, Pie generated $304.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $276.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PIE CREDIT UNION IS A COOPERATIVE THRIFT INSTITUTION. OUR MISSION IS TO MAINTAIN A SOUND FINANCIAL INSTITUTION AND PROVIDE EXCELLENT SERVICES TO OUR MEMBER-OWNERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PIE CREDIT UNION'S SHARE ACCOUNTS OFFER ADVANTAGES FOR MEMBERS OF ALL AGES. THE CREDIT UNION HAS 1,088 MEMBER-OWNED ACCOUNTS AS OF DECEMBER 31, 2022. OUR SAVINGS ACCOUNTS PAY MONTHLY DIVIDENDS AND OFFER ACCESS IN PERSON, BY PHONE OR THROUGH ONLINE BANKING.


PIE CREDIT UNION PROVIDES CHECKING ACCOUNTS FOR MEMBERS WITH ACCOUNT ACCESS BY WRITING CHECKS, USING DEBIT CARDS OR THROUGH ONLINE BANKING.


PIE CREDIT UNION PROVIDES VEHICLE, MOTORCYCLE, BOAT, SIGNATURE AND HOME EQUITY LOANS TO QUALIFIED MEMBERS. CREDIT LIFE AND DISABILITY INSURANCE IS AVAILABLE ON ANY OF THESE LOANS PER APPLICANT REQUEST.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Inman
President/manager
$74,731
Orelia Clay
Assistant Manager
$69,115
Elvis Wilkerson
Secretary
$0
Patricia Hatridge
Director
$0
Paul Vacek
Treasurer
$0
Hal Hazen
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$178,577
Investment income $85,626
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $304,669

Peer Organizations

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