HIGHWAY EMPLOYEES CREDIT UNION

EIN: 751023729

Tyler, TX

Total Revenue
$114,641
Total Expenses
$100,659
Total Assets
$1,878,199
Net Assets
$514,673
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
TX
Phone
9035938987
Tax Period
2025-01-01 to 2025-12-31

HIGHWAY EMPLOYEES CREDIT UNION, founded in 1959, is a small nonprofit that reported $115K in total revenue in fiscal year 2025. Expenses of $101K left a modest 12% surplus.

Mission

A cooperative thrift organization known as a credit union to build member's worth through systemic savings and providing loans for provident and productive purposes.

Program Service Accomplishments

Program 1

MEMBER SHARE ACCOUNTS: The credit union's share account offer our members a competitive dividend rate on their savings. There were 438 members-owner accounts as of December 31, 2025. We encourage our...

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MEMBER SHARE ACCOUNTS: The credit union's share account offer our members a competitive dividend rate on their savings. There were 438 members-owner accounts as of December 31, 2025. We encourage our members to develop a habit of savings.

Program 2

CONSUMER LOANS: Since the beginning of the credit union in 1959, we have provided personal and collateral loans. The consumer loans product line includes new and used vehicles, boats, motorcycles...

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CONSUMER LOANS: Since the beginning of the credit union in 1959, we have provided personal and collateral loans. The consumer loans product line includes new and used vehicles, boats, motorcycles, ATVs and travel trailer loans. The members also have the option of purchasing GAP coverage on the vehicle loans.

Program 3
Expenses: $100,659

The credit union has some expenses that include: two full time employees along with their salaries, taxes paid, insurance and other expenses to operate the credit union.

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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 $92,905
Investment Income $20,282
Other Revenue $1,454
TOTAL REVENUE $114,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,078
Fundraising Expenses $0
Program Expenses $100,659
Other Expenses $36,581
TOTAL EXPENSES $100,659

Year-over-Year Comparison

2025 2024 Change
Revenue $114,641 $115,485 0.0%
Expenses $100,659 $97,653 +0.0%
Net Income $13,982 $17,832 -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

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
5
Independent Members
5
Employees
2
Volunteers
5

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
$30,305
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melissa Frick President/Manager 28
Officer
$30,305 $0 $30,305
John Goodwin Chairman 1
Director
$0 $0 $0
Conley Owens Vice Chairman 1
Director
$0 $0 $0
Larry West Treasurer 1
Director
$0 $0 $0
Linda Akin Secretary 1
Director
$0 $0 $0
Clint Costner Director 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 $114,641 $100,659 $1,878,199 $13,982
2024 $115,485 $97,653 $1,880,182 $17,832
2023 $108,615 $87,975 $1,701,044 $20,640
2022 $92,552 $82,206 $1,909,568 $10,346
2021 $93,638 $79,051 $1,853,966 $14,587
2020 $89,653 $88,529 $1,709,677 $1,124
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