Is this your organization? Claim it free
Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).
Provides members excellent service, competitive rates, and financial education through loan promotions and investment returns. For fiscal year 2020 it reported $734K in revenue, $674K in expenses, and $5.1M in net assets.Pt I
- Type
- Unknown exempt organization · Nonprofit
- Location
- Houston, TX
- Website
- www.ctecu.org
- Filings
- 3 on file (2020–2020)
This section is blank until C T E C U claims this page.
Know this organization? Claim it to add your story
Similar organizations you could support
Run this organization? Claim this page
Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Jocelyn Kapalski | $151,630 | $147,098 | $136,261 |
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 C T E C U executive salaries →Are you one of these people? Claim this org to confirm your role
Where the work happens
CTECU provides low-rate vehicle loans for members. CTECU also provides low-cost Credit Card loans to assist with prudent financial behavior and planning. CTECU provides low-rate Consumer loans for Recreational Vehicles as well as for Boats, Boat motors, and Boat trailers and Motorcycles.
CTECU provides competitive rates on deposit accounts, promoting thrift among its membership of over 1600 members and promoting prudent financial behavior and planning. CTECU provides Savings accounts, Money Market accounts, IRA accounts, and Share draft-checking accounts as well as Certificates of Deposit (CDs).
CTECU provides Home Mortgage loans for the key purchase that most American families make, their home. The Home Mortgages and Refinanced Home loans are at low-competitive market interest rates. CTECU provides low-cost 5-year Home Equity loans. Home Mortgage loans and Home Equity loans for 2020 resulted in 5 loans totaling $1,164,572.
Run this program? Claim this org to tell your story
Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Overhead ratio | 0% | — | — |
| Investment management fee ratio | 0.08% | — | — |
| Legal fee ratio | 0.08% | — | — |
| Accounting fee ratio | 2% | — | — |
| Fundraising fee ratio | 0% | — | — |
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
Filings & Schedule Manifest
Want to add your own materials alongside these filings? Claim this org
Sources
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