MEMORIAL CREDIT UNION

EIN: 741240617

HOUSTON, TX

Total Revenue
$6,329,807
Total Expenses
$6,564,177
Total Assets
$87,687,672
Net Assets
$9,365,311
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
TX
Principal Officer
Thomas Rogers
Phone
7137786300
Tax Period
2025-01-01 to 2025-12-31

MEMORIAL CREDIT UNION, founded in 1953, is a community nonprofit that reported $6.3M in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year.

Mission

MEMORIAL CREDIT UNION IS A CO-OPERATIVE THRIFT INSTITUTION AND IS A MEMBER OF THE NATIONAL CREDIT UNION ADMINISTRATION INSURANCE FUND . THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION.

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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 $5,221,955
Investment Income $477,280
Other Revenue $630,572
TOTAL REVENUE $6,329,807

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,217,755
Fundraising Expenses $0
Program Expenses $6,564,178
Other Expenses $3,807,811
TOTAL EXPENSES $6,564,177

Year-over-Year Comparison

2025 2024 Change
Revenue $6,329,807 $6,697,524 -0.1%
Expenses $6,564,177 $6,628,424 0.0%
Net Income $-234,370 $69,100 -4.4%
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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Governance

Voting Members
7
Independent Members
7
Employees
29
Volunteers
7

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
1
$201,775
Total Directors
7
$0
Key Employees
1
$201,775
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS ROGERS CEO 40
Officer Key Emp
$201,775 $0 $201,775
ROBYN OLIVE EVP 40
Highest
$158,697 $0 $158,697
TRICIA MACAULAY VP OF LENDING 40
Highest
$132,811 $0 $132,811
ANTHONY JULIAN VP OF COLLECTIONS 40
Highest
$125,364 $0 $125,364
PAUL WENZ BOARD MEMBER 1
Director
$0 $0 $0
VICKI M JONES CHAIRPERSON 1
Director
$0 $0 $0
MARY BAKER BOARD SECRETARY 1
Director
$0 $0 $0
JOE DICKSON BOARD TREASURER 1
Director
$0 $0 $0
KERRY ROSE BOARD MEMBER 1
Director
$0 $0 $0
VALENTINO MURPHY VICE CHAIRPERSON 1
Director
$0 $0 $0
AUDREY BARNETT BOARD MEMBER 1
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 $6,329,807 $6,564,177 $87,687,672 $-234,370
2024 No data No data No data No data
2023 $6,476,716 $6,077,536 $94,569,265 $399,180
2022 $6,273,128 $5,356,350 $94,243,992 $916,778
2021 $5,778,606 $5,520,099 $92,769,186 $258,507
2020 $5,942,190 $5,670,787 $90,904,421 $271,403
2019 $5,947,594 $5,678,147 $74,036,050 $269,447
2018 $5,854,465 $5,626,329 $73,430,039 $228,136
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