Temple Santa Fe Community Credit Union

EIN: 741221652

Temple, TX

Total Revenue
$1,147,413
Total Expenses
$1,044,288
Total Assets
$21,868,742
Net Assets
$1,748,141
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
TX
Principal Officer
Lathe Owens
Phone
2547787222
Tax Period
2024-01-01 to 2024-12-31

Temple Santa Fe Community Credit Union, founded in 1954, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 9% surplus.

Mission

Provide its members and community a solid financial institution in which to invest and borrow, while promoting thrift and economic stability.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $948,434
Investment Income $188,854
Other Revenue $10,125
TOTAL REVENUE $1,147,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $556,784
Fundraising Expenses $0
Other Expenses $485,358
TOTAL EXPENSES $1,044,288

Year-over-Year Comparison

2024 2023 Change
Revenue $1,147,413 $1,047,481 +0.1%
Expenses $1,044,288 $895,300 +0.2%
Net Income $103,125 $152,181 -0.3%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
1680
Independent Members
1680
Employees
7
Volunteers
9

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
2
$177,110
Total Directors
10
$0
Key Employees
2
$177,110
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Hamby President / CEO 40.00
Officer Key Emp Highest
$114,445 $0 $114,445
Lathe Owens CFO 40.00
Officer Key Emp
$62,665 $0 $62,665
Pam Hensley Board Secretary 1.00
Director
$0 $0 $0
William Sterling Board Member 1.00
Director
$0 $0 $0
George White Board Member 1.00
Director
$0 $0 $0
Robert Whitesell Board Member 1.00
Director
$0 $0 $0
Reuben Marek Board Treasurer 1.00
Director
$0 $0 $0
Randy Dozeman Board Member 1.00
Director
$0 $0 $0
Guy Fowler Board Chairman 1.00
Director
$0 $0 $0
Jon Burrows Advisory Board Member 1.00
Director
$0 $0 $0
John Conner Advisory Board Member 1.00
Director
$0 $0 $0
Nichole Guajardo Advisory Board Member 1.00
Director
$0 $0 $0
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 No data No data No data No data
2024 $1,147,413 $1,044,288 $21,868,742 $103,125
2023 $1,047,481 $895,300 $22,561,455 $152,181
2022 $1,038,312 $898,195 $23,049,329 $140,117
2021 $930,500 $842,059 $24,510,003 $88,441
2021 No data No data No data No data
2020 $1,025,823 $932,738 $20,479,413 $93,085
2019 $1,038,675 $1,015,944 $17,731,967 $22,731
2018 $1,037,776 $973,095 $17,070,575 $64,681
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