ANGELINA FEDERAL EMPLOYEES CREDIT UNION

EIN: 750973203

LUFKIN, TX

Total Revenue
$2,240,856
Total Expenses
$1,685,251
Total Assets
$38,019,138
Net Assets
$5,505,256
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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
1952
Legal Domicile
TX
Principal Officer
CARLA DANIEL-KELLEY
Phone
9366327691
Tax Period
2023-01-01 to 2023-12-31

ANGELINA FEDERAL EMPLOYEES CREDIT UNION, founded in 1952, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $556K, a strong 25% operating margin.

Mission

THE ANGELINA FEDERAL EMPLOYEES CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION SERVING FEDERAL AND POSTAL EMPLOYEES AND THEIR FAMILIES IN THE EAST TEXAS AREA. OUR PURPOSE IS TO SERVE THE MEMBERS AND TO PROMOTE THEIR WELL BEING BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES. THE MEMBERS ARE SERVED THROUGH SOUND LENDING AND SAVINGS PRACTICES DEDICATED TO THE PHILOSOPHY OF PEOPLE HELPING PEOPLE. SERVICES ARE PROVIDED IN A PROFESSIONAL AND PERSONAL MANNER SUPPORTING THE ADVANCEMENT AND STRENGTH OF THE COMMUNITY AND OUR CREDIT UNION FAMILY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,692
Program Service Revenue $2,238,164
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,240,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $627,077
Fundraising Expenses $0
Other Expenses $1,058,174
TOTAL EXPENSES $1,685,251

Year-over-Year Comparison

2023 2022 Change
Revenue $2,240,856 $1,843,574 +0.2%
Expenses $1,685,251 $1,517,222 +0.1%
Net Income $555,605 $326,352 +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

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
7
Independent Members
7
Employees
9
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
$132,694
Total Directors
8
$132,694
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILLY LUMPKIN CHAIRMAN 2.50
Officer Director
$0 $0 $0
LYNN CHESSER VICE CHAIR 2.50
Officer Director
$0 $0 $0
ROBERT DIXON SECRETARY 2.50
Officer Director
$0 $0 $0
JILL BERRY TREASURER 2.50
Officer Director
$0 $0 $0
GLENN HAMMOND DIRECTOR 2.50
Director
$0 $0 $0
CAROLYN COX DIRECTOR 2.50
Director
$0 $0 $0
DELANA HENDRICK DIRECTOR 2.50
Director
$0 $0 $0
CARLA DANIEL-KELLEY PRESIDENT 45.00
Officer Director
$132,694 $0 $132,694
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 No data No data No data No data
2023 $2,240,856 $1,685,251 $38,019,138 $555,605
2022 $1,843,574 $1,517,222 $38,720,902 $326,352
2021 $1,738,425 $1,476,086 $38,295,256 $262,339
2020 $1,794,227 $1,438,243 $35,629,096 $355,984
2019 $1,692,693 $1,383,004 $31,050,797 $309,689
2018 $1,493,993 $1,202,773 $28,178,835 $291,220
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