TEXAS HEALTH CREDIT UNION

EIN: 741301485

AUSTIN, TX

Total Revenue
$7,373,987
Total Expenses
$6,175,825
Total Assets
$144,365,202
Net Assets
$18,064,047
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
TX
Phone
5124544636
Tax Period
2025-01-01 to 2025-12-31

TEXAS HEALTH CREDIT UNION, founded in 1956, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2025. The organization ran a surplus of $1.2M, a strong 16% operating margin.

Mission

THE CREDIT UNION IS A COOPERATIVE THRIFT INSTITUTION AND IS A MEMBER OF THE NATIONAL CREDIT UNION ADMINISTRATION INSURANCE FUND. THE CREDIT UNION IS REGULATED BY THE TEXAS CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. THE CREDIT UNION OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SAVINGS AND CHECKING ACCOUNTS, CONSUMER AND REAL ESTATE LOANS.

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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 $4,849,566
Investment Income $2,210,462
Other Revenue $313,959
TOTAL REVENUE $7,373,987

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,967,576
Fundraising Expenses $0
Program Expenses $6,175,825
Other Expenses $4,208,249
TOTAL EXPENSES $6,175,825

Year-over-Year Comparison

2025 2024 Change
Revenue $7,373,987 $6,991,692 +0.1%
Expenses $6,175,825 $5,407,388 +0.1%
Net Income $1,198,162 $1,584,304 -0.2%
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
9
Independent Members
9
Employees
24
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
0
$0
Total Directors
8
$0
Key Employees
1
$145,538
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRICK BROWN PRESIDENT/CEO 40
Highest
$182,433 $0 $182,433
STEPHEN SCOTT EVP/COO 40
Key Emp
$145,538 $0 $145,538
TJ NISSEN CHAIRMAN 0.50
Director
$0 $0 $0
JEFF TAYLOR VICE CHAIR 0.50
Director
$0 $0 $0
LISA GENNA BOARD MEMBER 0.50
Director
$0 $0 $0
PAUL BARKER BOARD MEMBER 0.50
Director
$0 $0 $0
DALE DINGLEY BOARD MEMBER 0.50
Director
$0 $0 $0
PATTY MELCHIOR BOARD MEMBER 0.50
Director
$0 $0 $0
SHARON ZUROVEC BOARD MEMBER 0.50
Director
$0 $0 $0
MIKE GREENE BOARD MEMBER (Started 06/2024) 0.50
Director
$0 $0 $0
DOUG KENNEMER BOARD MEMBER (Passed 10/29/25) 0.50
$0 $0 $0
Kim Kennemer Board Member (Interim Q4 2025) 0.50
$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 $7,373,987 $6,175,825 $144,365,202 $1,198,162
2024 No data No data No data No data
2023 $6,193,127 $4,652,450 $135,231,028 $1,540,677
2022 $4,765,420 $3,437,164 $146,399,836 $1,328,256
2021 $3,795,305 $2,964,109 $135,969,691 $831,196
2020 $4,198,494 $3,110,865 $112,203,599 $1,087,629
2019 $4,360,237 $3,440,151 $96,220,831 $920,086
2018 $3,925,718 $3,379,353 $87,221,548 $546,365
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