TEXAS BRIDGE CREDIT UNION

EIN: 741158516

CORPUS CHRISTI, TX

Total Revenue
$5,158,751
Total Expenses
$4,718,025
Total Assets
$85,379,185
Net Assets
$6,921,123
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
TX
Principal Officer
DAVID L BROOKS
Phone
3618554494
Tax Period
2024-01-01 to 2024-12-31

TEXAS BRIDGE CREDIT UNION, founded in 1951, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $4.7M left a modest 9% surplus.

Mission

TEXAS BRIDGE CREDIT UNION IS COMMITTED TO BEING THE PRIMARY FINANCIAL INSTITUTION OF ITS FIELD OF MEMBERSHIP BY PROVIDING QUALITY FINANCIAL SERVICES WITHIN THE REALM OF SOUND BUSINESS PRACTICES. THE CREDIT UNION IS COMMITTED TO DELIVER THESE SERVICES IN AN ATMOSPHERE OF TRUST AND SUPERIOR MEMBER SATISFACTION. TREAT OUR MEMBERS WITH DIGNITY AND RESPECT, REGARDLESS OF THEIR FINANCIAL POSITION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,392,984
Investment Income $765,767
Other Revenue $0
TOTAL REVENUE $5,158,751

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,646,600
Fundraising Expenses $0
Program Expenses $4,718,025
Other Expenses $2,841,008
TOTAL EXPENSES $4,718,025

Year-over-Year Comparison

2024 2023 Change
Revenue $5,158,751 $4,446,773 +0.2%
Expenses $4,718,025 $4,396,595 +0.1%
Net Income $440,726 $50,178 +7.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
28
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
$263,898
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
$134,424 $0 $134,424
MARK AVELAR EXECUTIVE VICE PRESIDENT 40.00
Officer
$129,474 $0 $129,474
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
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
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TEXAS BRIDGE CREDIT UNION with other nonprofits in Texas and across the country.