Zia Credit Union

Organization Overview

Zia Credit Union is located in Los Alamos, NM. The organization was established in 2019. 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 12/2022, Zia Credit Union employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zia Credit Union 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, Zia Credit Union generated $11.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $9.7m during the year ending 12/2022. While expenses have increased by 5.6% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

NEW MEXICO STATE CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS MEMBERS AS PROVIDED BY THE NEW MEXICO CREDIT UNION ACT

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEW MEXICO STATE CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS MEMBERS AS PROVIDED BY THE NEW MEXICO CREDIT UNION ACT.


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Board, Officers & Key Employees

Name (title)Compensation
J C Garcia
Chairman/president
$0
Lawrence Gutierrez
Vice Chairman
$0
Matty Perez
Secretary
$0
Thomas Tierney
Treasurer
$0
Richard Roybal
Director
$0
Dwayne Herrera
CEO
$239,550

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kasasa
Financial Products For Members
$856,268
True Health
Benefits Management
$713,457
Corelation
Data Processing
$916,286
Steady Networks
It Support
$237,574
View All Vendors

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$9,289,025
Investment income $614,136
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,490
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,938,323

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