Lcra Credit Union

Not tax-deductible

Austin, TXMutual-benefit / member-servingSince 1945Mutual / membership EIN 74-1142771Revenue $940K in FY2025Latest return filed May 15, 2026

On file with the IRSlcracu.orgPo Box 19138, 78760-9138 · Austin, TXTax-exempt since Jun 1976

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The mission of LCRA Credit Union is to provide excellent financial services to our members.

Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $66K a year · 7% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$153K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
7 mo
of spending, in cash
Plus $11.7M in investments, Pt X · Ln 11–13
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$56K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$940K
-9% vs prior year
Spent
$968K
To programs
0%
Net assets
$20.8M
By yearFY2020–FY2025
Revenue
$940K
FY2025▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$895K
FY2021$896K
FY2022$803K
FY2023$980K
FY2024$1.0M
FY2025$940K
Expenses
$968K
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$800K
FY2021$760K
FY2022$776K
FY2023$914K
FY2024$935K
FY2025$968K
Net assets
$20.8M
FY2025▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$22.8M
FY2021$25.1M
FY2022$24.5M
FY2023$21.7M
FY2024$21.1M
FY2025$20.8M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

9 people listed on the 990; $153K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$119,025Pt VII · Sec A
Executive Vice President
$33,486Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Melissa Reyes$119,025$121,044$43,451———
Tim Lane$33,486$111,232$102,140$90,470$86,990$86,990
Betty Mueller———$91,491$87,972$87,972

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 Lcra Credit Union executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II4 listed

Programs and updates

Offers members excellent financial services.

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3 programs · in their own filed words · FY2025
01

checking, share, and IRA Accounts

Pt IX · col B
02

credit cards & debit cards

Pt IX · col B
03

Loans & Investments

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$940K
Ln 12
Fees for servicesLn 2g$560K
Investment incomeLn 3$372K
Other incomeLn 4–11$8K
Money outPt IX
$968K
Ln 25
Owns and owesPt X
$20.8M
net assets · Ln 32
Cash and savingsLn 1–2$585K
Total assetsLn 16$20.8M
LiabilitiesLn 26$56K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$560K
Investment incomeLn 3$372K
Other incomeLn 4–11$8K
Total revenueLn 12$940K
Assets in detailPt X, end of year
CashLn 1$152K
SavingsLn 2$434K
Cash and savings togetherLn 1–2$585K
InvestmentsLn 11–13$11.7M
Land, buildings, equipmentLn 10c$26K
Other assetsLn 15$371K
Total assetsLn 16$20.8M
LiabilitiesLn 26$56K
Net assetsLn 32$20.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$916K$585K
InvestmentsLn 11–13$8.4M$11.7M
Land, buildings, equipmentLn 10c$19K$26K
Total assetsLn 16$21.2M$20.8M
LiabilitiesLn 26$76K$56K
Net assetsLn 32$21.1M$20.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$119K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$246K
Pension plan contributionsLn 8$7K
Other employee benefitsLn 9$0
Payroll taxesLn 10$31K
Management feesLn 11a$3K
Legal feesLn 11b$4K
Accounting feesLn 11c$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$14K
Advertising and promotionLn 12$22K
Office expensesLn 13$69K
Information technologyLn 14$15K
OccupancyLn 16$36K
TravelLn 17$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$22K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$9K
InsuranceLn 23$28K
Other expenses (24a–d)Ln 24$331K
All other expensesLn 24e$0
Total functional expensesLn 25$968K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 15, 2026 $940K$968K−$28K$20.8M 990 PDF
FY2024Filed with the IRS May 13, 2025 $1.0M$935K$98K$21.1M 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $980K$914K$67K$21.7M 990 PDF
FY2022Filed with the IRS Nov 6, 2023 $803K$776K$26K$24.5M 990 PDF
FY2021Filed with the IRS Nov 8, 2022 $896K$760K$136K$25.1M 990 PDF
FY2020Filed with the IRS Nov 12, 2021 $895K$800K$96K$22.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $939,991 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $773,484$559,917
I-10 Investment incomePrior year $251,926$372,010
I-11 Other revenuePrior year $7,507$8,064
I-12 Total revenuePrior year $1,032,917$939,991
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $413,721$402,787
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $521,659$565,178
I-18 Total expensesPrior year $935,380$967,965
I-19 Revenue less expensesPrior year $97,537−$27,974
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $939,991 across 4 lines filed
Lines not itemized here account for $567,981 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $372,010 · Unrelated business $0 · Excluded from tax $0$372,010
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $932,160 · Unrelated business $7,831 · Excluded from tax $0$939,991
Part IX · Statement of functional expenses $967,965 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$119,025
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$245,758
IX-8 Pension plan contributions$6,763
IX-9 Other employee benefits$0
IX-10 Payroll taxes$31,241
IX-11a Management fees$3,165
IX-11b Legal fees$4,431
IX-11c Accounting fees$10,866
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$14,061
IX-12 Advertising and promotion$21,855
IX-13 Office expenses$68,525
IX-14 Information technology$14,673
IX-16 Occupancy$36,009
IX-17 Travel$1,550
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$22,220
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$9,387
IX-23 Insurance$27,556
IX-24 Other expenses (24a–d)$330,880
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$967,965
Part X · Balance sheet $20,828,478 assets, 21 lines filed
Asset lines not itemized here account for $8,157,999; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $178,331$151,920
X-2 Savings and temporary cash investmentsStart of year $737,442$433,554
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $2,526$1,056
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $30,757$31,079
X-10c Land, buildings and equipment, netStart of year $19,165$26,321
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $8,432,000$11,656,000
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $201,146$370,549
X-16 Total assetsStart of year $21,192,279$20,828,478
X-17 Accounts payable and accrued expensesStart of year $75,611$56,373
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $75,611$56,373
X-32 Total net assets or fund balancesStart of year $21,116,668$20,772,105
X-33 Total liabilities and net assetsStart of year $21,192,279$20,828,478
Part XI · Reconciliation of net assets $20,772,105 net assets at year end
XI-1 Total revenue$939,991
XI-2 Total expenses$967,965
XI-3 Revenue less expenses−$27,974
XI-4 Net assets at start of year$21,116,668
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$316,589
XI-10 Net assets at end of year$20,772,105

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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