Quantum Credit Union EIN 48-0446490 Form 990 (PDF) Claim this org

Quantum Credit Union

Not yet claimed Claim this org →

Offer financial services to help people achieve shared goals. For fiscal year 2025 it reported $9.8M in revenue, $8.8M in expenses, and $15.5M in net assets.Pt I

Founded
1938
Type
Unknown exempt organization · Nonprofit
Location
Wichita, KS
Website
theq.org
Filings
5 on file (2020–2025)
Revenue
$9.8MFY2025
Expenses
$8.8M
Net assets
$15.5M
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  48-0446490 Unknown exempt organization Wichita, KS Founded 1938
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Quantum Credit Union claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Offer financial services to help people achieve shared goals.
Leadership
Chuck Bullock · Past President · $300K
Money in and out
$9.8M revenue, $8.8M expenses
Bottom line
+10% surplus margin
Reported financial activity · FY2025
Total revenue
$9.8M
Pt VIII · Ln 12
Total expenses
$8.8M
Pt IX · Ln 25
Net assets
$15.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.0M
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+10%
revenue over expenses, this year▲ +25% vs prior filing year
Program spending
100%
of expenses reach programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$9.8M
FY2025▲ +14%
Expenses
$8.8M
FY2025▲ +11%
Total assets
$136.6M
FY2025▼ -10%
Total liabilities
$121.1M
FY2025▼ -12%
Total revenue
$9.8M
Pt VIII · Ln 12
Total expenses
$8.8M
Pt IX · Ln 25
Net assets
$15.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.0M
Total assetsPt X · Ln 16$136.6M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CQuantum Credit Union
EINHdr · item D48-0446490
Principal addressHdr · item CWichita, KS
WebsiteHdr · item Jtheq.org
Year of formationHdr · item L1938
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Past President
$300,194Pt VII · Sec A
President
$136,733Pt VII · Sec A
Vice President
$110,135Pt VII · Sec A
Member Solutions Manager
$107,577Pt VII · Sec A
Vice President
$104,587Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Chuck Bullock$300,194$289,296$184,957$184,526$175,999
Jacob Burrow$136,733
Kimberly Bahre$110,135
Melissa Garcia$107,577
Elesa Parsons$105,826
Gary Torres$104,752
Michele Larkey$104,587

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Quantum Credit Union executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $8.8M of program spending, described in the organization's own filed words · FY2025.
01

Provide a source of credit and other financial related services to 11,111 members

$8.8Mprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$9.1M · 93%
Investment income$671K · 7%
Program service revenue93%$9.1M
Investment income7%$671K
Other revenue$31K
Total revenueLn 12$9.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$8.8M
Total functional expensesLn 25$8.8M

Balance Sheet

Part X · end of year
CashLn 1$20.3M
Total assetsLn 16$136.6M
Total liabilitiesLn 26$121.1M
Total net assetsLn 32$15.5M
Months of cash on handcomputed27.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20.3M · Operating expenses/yr $8.8M
27.7 months
Where the money goes
Program services
Program services $8.8M · Total expenses $8.8M
100%
Management & General
Management & general $0 · Total expenses $8.8M
0%
Fundraising
Fundraising $0 · Total expenses $8.8M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $9.8M
0%
Government reliance
Government grants — · Total revenue $9.8M
Earned-income share
Program service revenue $9.1M · Total revenue $9.8M
93%
Investment reliance
Investment income $671K · Total revenue $9.8M
+7%
Program self-sufficiency
Program service revenue $9.1M · Total expenses $8.8M
104%
Growth & trend
Revenue growth (YoY)
This year $9.8M · Prior year $8.6M
+14%
Revenue CAGR
FY2020 $4.9M · FY2025 $9.8M
+15%
Net-asset trend (YoY)
End of year $15.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $9.8M · Expenses $8.8M
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $136.6M
Net-asset ratio
Net assets $15.5M · Total assets $136.6M
11%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $136.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chuck Bullock · Reported title PAST PRESIDENT · Highest reported compensation $300K · Total expenses $8.8M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3.0M · Total expenses $8.8M
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 14%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$9.8M revenue · viewing · ⤓ 990 PDF
FY2024not on file
FY2023$8.6M revenue · ⤓ 990 PDF
FY2022$6.9M revenue · ⤓ 990 PDF
FY2021$4.8M revenue · ⤓ 990 PDF
FY2020$4.9M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.