TEXAS BRIDGE CREDIT UNION

EIN: 741158516

CORPUS CHRISTI, TX

Total Revenue
$5,659,478
Total Expenses
$4,923,078
Total Assets
$92,389,891
Net Assets
$7,657,523
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
TX
Principal Officer
MARK AVELAR
Phone
3618554494
Tax Period
2025-01-01 to 2025-12-31

TEXAS BRIDGE CREDIT UNION, founded in 1951, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $4.9M left a modest 13% surplus.

Mission

THE TEXAS BRIDGE CREDIT UNION IS COMMITTED TO BEING THE PRIMARY FINANCIAL INSTITUTION OF ITS FIELD OF MEMBERSHIP INCLUDING ANY QUALIFIED PERSON THAT WORKS, LIVES, OR ATTENDS SCHOOL IN NUECES COUNTY, IS EMPLOYED BY THE CITY OF CORPUS CHRISTI, IS A FAMILY MEMBER OF A CITY EMPLOYEE OR RETIREE FROM THE CITY OF CORPUS CHRISTI.

Program Service Accomplishments

Program 1
Expenses: $4,923,078 Revenue: $5,534,530

TEXAS BRIDGE CREDIT UNION IS A VOLUNTARY COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION. IT WAS INCORPORATED UNDER THE TEXAS CREDIT UNION ACT IN 1951 FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG...

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TEXAS BRIDGE CREDIT UNION IS A VOLUNTARY COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION. IT WAS INCORPORATED UNDER THE TEXAS CREDIT UNION ACT IN 1951 FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG ITS MEMBERS, CREATING A SCOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, AND PROVIDING AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR FINANCIAL ORGANIZATION, IN ORDER TO IMPROVE THEIR ECONOMIC WELL BEING. TEXAS BRIDGE CREDIT UNION IS A COMMUNITY FINANCIAL INSTITUTION AND HAS MANY STAKEHOLDERS THAT DEPEND ON THE MANNER THE CREDIT UNION IS OPERATING. MEMBERS, EMPLOYEES, DIRECTORS, VENDORS, REGULATORS, GOVERNMENT ENTITIES, AND OUR COMMUNITY, ALL HAVE A STAKE IN THE SUCCESS OF OUR CREDIT UNION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,818,784
Investment Income $840,694
Other Revenue $0
TOTAL REVENUE $5,659,478

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,765,529
Fundraising Expenses $0
Program Expenses $4,923,078
Other Expenses $2,901,325
TOTAL EXPENSES $4,923,078

Year-over-Year Comparison

2025 2024 Change
Revenue $5,659,478 $5,158,751 +0.1%
Expenses $4,923,078 $4,718,025 +0.0%
Net Income $736,400 $440,726 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
25
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$262,477
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENE HERNANDEZ CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
EDDIE MARTINEZ VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
LOU VILLAGOMEZ SR SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
ROLAND BARRERA DIRECTOR 1.00
Director
$0 $0 $0
ARMANDO CHAPA DIRECTOR 1.00
Director
$0 $0 $0
JOHN VALLS DIRECTOR 1.00
Director
$0 $0 $0
DENISE VILLAGRAN DIRECTOR 1.00
Director
$0 $0 $0
DAVID L BROOKS CEO 40.00
Officer
$117,050 $0 $117,050
MARK AVELAR EXECUTIVE VICE PRESIDENT 40.00
Officer
$145,427 $0 $145,427
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,659,478 $4,923,078 $92,389,891 $736,400
2024 $5,158,751 $4,718,025 $85,379,185 $440,726
2023 $4,446,773 $4,396,595 $83,718,173 $50,178
2022 $3,880,156 $3,761,483 $78,366,662 $118,673
2021 $3,609,364 $2,806,381 $74,914,850 $802,983
2020 $3,587,184 $3,205,724 $70,130,415 $381,460
2019 $3,527,690 $3,207,604 $59,915,598 $320,086
2018 $3,243,599 $2,868,226 $57,626,086 $375,373
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