Tex Mex Credit Union

Not tax-deductible

Laredo, TXMutual-benefit / member-servingSince 1953Mutual / membership EIN 74-1200392Revenue $643K in FY2025Latest return filed May 15, 2026

On file with the IRSLaredo, TXTax-exempt since Jun 1976

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To provide financial services to its members at competitive prices

100¢ of each $1 spent went to programs.
$65K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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
3 of 6
filings with a surplus
Average deficit $94K a year · 13% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$65K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Plus $3.1M in investments, Pt X · Ln 11–13
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.2M
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
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
$643K
-14% vs prior year
Spent
$1.2M
To programs
100%
Net assets
$2.0M
By yearFY2020–FY2025
Revenue
$643K
FY2025▼ -14%
Tap a bar for its year
Revenue by fiscal year
FY2020$802K
FY2021$735K
FY2022$705K
FY2023$783K
FY2024$752K
FY2025$643K
Expenses
$1.2M
FY2025▲ +40%
Tap a bar for its year
Expenses by fiscal year
FY2020$773K
FY2021$713K
FY2022$649K
FY2023$797K
FY2024$857K
FY2025$1.2M
Net assets
$2.0M
FY2025▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.6M
FY2022$2.7M
FY2023$2.7M
FY2024$2.6M
FY2025$2.0M

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

990 PDF 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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.2M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990; $65K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$65,000Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Enrique Villarreal———$107,000——
Enrique E Villarreal————$106,999$104,999
David Vega—$82,000$51,211———
Cesar Oldham$65,000—————

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 Tex Mex 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 II1 listed

Programs and updates

Encourages thrift, provides fair credit, and helps members improve their economic condition.

Questions for Tex Mex Credit Union

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Your first name shows with your question. Tex Mex Credit Union answers here, for everyone.

2 programs · in their own filed words · FY2025
01

Tex mex offers all types of loan products at competitive rates

Pt IX · col B
02

Tex mex offers deposit products at competitive rates

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$643K
Ln 12
Fees for servicesLn 2g$585K
Investment incomeLn 3$38K
Other incomeLn 4–11$20K
Money outPt IX
$1.2M
Ln 25
Programscol B$1.2M
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$482K
Total assetsLn 16$8.2M
LiabilitiesLn 26$6.2M
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$585K
Investment incomeLn 3$38K
Other incomeLn 4–11$20K
Total revenueLn 12$643K
Assets in detailPt X, end of year
CashLn 1$482K
Cash and savings togetherLn 1–2$482K
Loans to officers and key peopleLn 5$845
Notes and loans receivableLn 7$4.4M
Prepaid expenses and deferred chargesLn 9$10K
Land, buildings, equipmentLn 10c$241K
InvestmentsLn 11–13$3.1M
Other assetsLn 15$70K
Total assetsLn 16$8.2M
LiabilitiesLn 26$6.2M
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 514
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$561K$482K
InvestmentsLn 11–13$3.0M$3.1M
Land, buildings, equipmentLn 10c$248K$241K
Total assetsLn 16$9.5M$8.2M
LiabilitiesLn 26$6.9M$6.2M
Net assetsLn 32$2.6M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$65K$65K$0$0
Other salaries and wagesLn 7$140K$140K$0$0
Payroll taxesLn 10$23K$23K$0$0
Legal feesLn 11b$35K$35K$0$0
Accounting feesLn 11c$68K$68K$0$0
Other fees for servicesLn 11g$38K$38K$0$0
Advertising and promotionLn 12$4K$4K$0$0
Office expensesLn 13$35K$35K$0$0
Information technologyLn 14$77K$77K$0$0
OccupancyLn 16$33K$33K$0$0
Depreciation, depletion and amortizationLn 22$8K$8K$0$0
InsuranceLn 23$13K$13K$0$0
Other expenses (24a–d)Ln 24$564K$564K$0$0
All other expensesLn 24e$93K$93K$0$0
Total functional expensesLn 25$1.2M$1.2M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 15, 2026 $643K$1.2M−$552K$2.0M 990 PDF
FY2024Filed with the IRS Nov 17, 2025 $752K$857K−$105K$2.6M 990 PDF
FY2023Filed with the IRS Apr 16, 2024 $783K$797K−$14K$2.7M 990 PDF
FY2022Filed with the IRS Apr 12, 2023 $705K$649K$56K$2.7M 990 PDF
FY2021Filed with the IRS Feb 19, 2022 $735K$713K$22K$2.6M 990 PDF
FY2020Filed with the IRS Jan 29, 2021 $802K$773K$29K$2.6M 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 $643,223 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $716,280$585,006
I-10 Investment incomePrior year $14,134$38,317
I-11 Other revenuePrior year $21,280$19,900
I-12 Total revenuePrior year $751,694$643,223
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $255,852$227,658
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $600,884$967,666
I-18 Total expensesPrior year $856,736$1,195,324
I-19 Revenue less expensesPrior year −$105,042−$552,101
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $643,223 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $3,622 · Excluded from tax $0$585,006
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$38,317
VIII-6 Net rental income or lossRelated to mission $19,900$19,900
VIII-12 Total revenueRelated to mission $639,601 · Unrelated business $3,622 · Excluded from tax $0$643,223
Part IX · Statement of functional expenses $1,195,324 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $65,000 · Management $0 · Fundraising $0$65,000
IX-7 Other salaries and wagesPrograms $140,107 · Management $0 · Fundraising $0$140,107
IX-10 Payroll taxesPrograms $22,551 · Management $0 · Fundraising $0$22,551
IX-11b Legal feesPrograms $35,162 · Management $0 · Fundraising $0$35,162
IX-11c Accounting feesPrograms $67,869 · Management $0 · Fundraising $0$67,869
IX-11g Other fees for servicesPrograms $38,118 · Management $0 · Fundraising $0$38,118
IX-12 Advertising and promotionPrograms $3,700 · Management $0 · Fundraising $0$3,700
IX-13 Office expensesPrograms $34,785 · Management $0 · Fundraising $0$34,785
IX-14 Information technologyPrograms $77,160 · Management $0 · Fundraising $0$77,160
IX-16 OccupancyPrograms $33,050 · Management $0 · Fundraising $0$33,050
IX-22 Depreciation, depletion and amortizationPrograms $7,530 · Management $0 · Fundraising $0$7,530
IX-23 InsurancePrograms $12,869 · Management $0 · Fundraising $0$12,869
IX-24 Other expenses (24a–d)Programs $564,271 · Management $0 · Fundraising $0$564,271
IX-24e All other expensesPrograms $93,152 · Management $0 · Fundraising $0$93,152
IX-25 Total functional expensesPrograms $1,195,324 · Management $0 · Fundraising $0$1,195,324
Part X · Balance sheet $8,231,198 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $561,348$482,355
X-5 Loans to officers and key peopleStart of year $4,967$845
X-7 Notes and loans receivableStart of year $5,607,921$4,356,355
X-9 Prepaid expenses and deferred chargesStart of year $3,901$9,791
X-10c Land, buildings and equipment, netStart of year $248,101$241,082
X-13 Program-related investmentsStart of year $3,007,429$3,071,088
X-15 Other assetsStart of year $29,019$69,682
X-16 Total assetsStart of year $9,462,686$8,231,198
X-17 Accounts payable and accrued expensesStart of year $56,088$11,626
X-25 Other liabilitiesStart of year $6,473,221$6,191,709
X-26 Total liabilitiesStart of year $6,897,420$6,203,335
X-31 Retained earnings or endowmentStart of year $2,565,266$2,027,863
X-32 Total net assets or fund balancesStart of year $2,565,266$2,027,863
X-33 Total liabilities and net assetsStart of year $9,462,686$8,231,198
Part XI · Reconciliation of net assets $2,027,863 net assets at year end
XI-1 Total revenue$643,223
XI-2 Total expenses$1,195,324
XI-3 Revenue less expenses−$552,101
XI-4 Net assets at start of year$2,565,266
XI-8 Prior period adjustments$14,698
XI-10 Net assets at end of year$2,027,863

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

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