Vatat Credit Union

Not tax-deductible

Austin, TXMutual-benefit / member-servingMutual / membership EIN 74-1464400Revenue $673K in FY2024Latest return filed Oct 31, 2025

On file with the IRSvatatcu.orgAustin, TXTax-exempt since Jun 1976

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

The mission of Vatat Credit Union is to provide excellent member service through our individual and team efforts. We will operate a safe and sound Credit Union which will in turn reward our shareholder members and our employees. Helping members with their financial needs in a cost effective manner.

100¢ of each $1 spent went to programs.
Run by 7 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $101K a year · 19% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 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
$108K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
16 mo
of spending, in cash
Plus $849K in investments, Pt X · Ln 11–13
Looks good: 15.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8.7M
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
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
$673K
+4% vs prior year
Spent
$595K
To programs
100%
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$673K
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$431K
FY2021$428K
FY2022$491K
FY2023$648K
FY2024$673K
Expenses
$595K
FY2024▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$356K
FY2021$328K
FY2022$377K
FY2023$513K
FY2024$595K
Net assets
$1.8M
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.6M
FY2023$1.8M
FY2024$1.8M

From the FY2024 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: FY2024. 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% · $595K

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; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation
$107,750Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Meredith Hartmann$107,750————
Rosario Rodriguez————$106,679
Meredith Hartman—$81,000$72,146——
Griselda Spencer——$66,910$58,250—

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 Vatat 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

Programs and updates

Helps members with financial needs through excellent, cost-effective service.

Questions for Vatat Credit Union

Tap to ask. Vatat Credit Union sees how many people are interested.

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

1 program · $595K · in their own filed words · FY2024
01

Total credit union loans income increased slightly as more members are taking advantage of our membership and good competitive rates. Many refinanced from higher interest loans to our loans to save money in their financial transactions.

$595Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$673K
Ln 12
Fees for servicesLn 2g$600K
Investment incomeLn 3$58K
Other incomeLn 4–11$15K
Money outPt IX
$595K
Ln 25
Programscol B$595K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$777K
Total assetsLn 16$10.6M
LiabilitiesLn 26$8.7M
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$600K
Investment incomeLn 3$58K
Other incomeLn 4–11$15K
Total revenueLn 12$673K
Assets in detailPt X, end of year
CashLn 1$46K
SavingsLn 2$731K
Cash and savings togetherLn 1–2$777K
Notes and loans receivableLn 7$8.8M
Prepaid expenses and deferred chargesLn 9$32K
Land, buildings, equipmentLn 10c$11K
InvestmentsLn 11–13$849K
Other assetsLn 15$91K
Total assetsLn 16$10.6M
LiabilitiesLn 26$8.7M
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 53
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$607K$777K
InvestmentsLn 11–13$875K$849K
Land, buildings, equipmentLn 10c$5K$11K
Total assetsLn 16$10.8M$10.6M
LiabilitiesLn 26$9.1M$8.7M
Net assetsLn 32$1.8M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$116K$116K
Pay of disqualified personsLn 6$0$0
Other salaries and wagesLn 7$15K$15K
Pension plan contributionsLn 8$9K$9K
Other employee benefitsLn 9$7K$7K
Payroll taxesLn 10$10K$10K
Accounting feesLn 11c$7K$7K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$51K$51K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$0
Information technologyLn 14$43K$43K
RoyaltiesLn 15$34K$34K
OccupancyLn 16$28K$28K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$14K$14K
InterestLn 20$165K$165K
Depreciation, depletion and amortizationLn 22$13K$13K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$68K$68K$0$0
Total functional expensesLn 25$595K$595K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Oct 31, 2025 $673K$595K$78K$1.8M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $648K$513K$135K$1.8M 990 PDF
FY2022Filed with the IRS Nov 20, 2023 $491K$377K$114K$1.6M 990 PDF
FY2021Filed with the IRS May 11, 2022 $428K$328K$100K$1.5M 990 PDF
FY2020Filed with the IRS May 13, 2021 $431K$356K$75K$1.4M 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 FY2024 990 (6 parts)
Part I · Summary $672,763 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $601,742$599,786
I-10 Investment incomePrior year $46,192$58,182
I-11 Other revenuePrior year $0$14,795
I-12 Total revenuePrior year $647,934$672,763
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 $143,367$157,049
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $369,204$437,848
I-18 Total expensesPrior year $512,571$594,897
I-19 Revenue less expensesPrior year $135,363$77,866
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
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 $672,763 across 5 lines filed
Lines not itemized here account for $14,795 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $599,786 · Unrelated business $0 · Excluded from tax $0$599,786
VIII-3 Investment incomeRelated to mission $58,182 · Unrelated business $0 · Excluded from tax $0$58,182
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $672,763 · Unrelated business $0 · Excluded from tax $0$672,763
Part IX · Statement of functional expenses $594,897 across 20 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $115,768$115,768
IX-6 Pay of disqualified personsPrograms $0$0
IX-7 Other salaries and wagesPrograms $14,756$14,756
IX-8 Pension plan contributionsPrograms $8,831$8,831
IX-9 Other employee benefitsPrograms $7,402$7,402
IX-10 Payroll taxesPrograms $10,292$10,292
IX-11c Accounting feesPrograms $6,944$6,944
IX-11f Investment management feesPrograms $1,627$1,627
IX-11g Other fees for servicesPrograms $51,281$51,281
IX-12 Advertising and promotionPrograms $1,620$1,620
IX-13 Office expenses$0
IX-14 Information technologyPrograms $42,737$42,737
IX-15 RoyaltiesPrograms $34,403$34,403
IX-16 OccupancyPrograms $27,805$27,805
IX-17 TravelPrograms $2,487$2,487
IX-19 Conferences, conventions and meetingsPrograms $13,913$13,913
IX-20 InterestPrograms $164,855$164,855
IX-22 Depreciation, depletion and amortizationPrograms $12,994$12,994
IX-23 InsurancePrograms $8,826$8,826
IX-24 Other expenses (24a–d)Programs $68,356 · Management $0 · Fundraising $0$68,356
IX-25 Total functional expensesPrograms $594,897 · Management $0 · Fundraising $0$594,897
Part X · Balance sheet $10,560,581 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $86,535$46,005
X-2 Savings and temporary cash investmentsStart of year $520,030$731,150
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $39,811$0
X-7 Notes and loans receivableStart of year $9,186,613$8,799,691
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $20,871$32,459
X-10c Land, buildings and equipment, netStart of year $5,152$10,922
X-13 Program-related investmentsStart of year $875,000$849,000
X-15 Other assetsStart of year $93,902$91,354
X-16 Total assetsStart of year $10,827,914$10,560,581
X-17 Accounts payable and accrued expensesStart of year $238,649$163,133
X-25 Other liabilitiesStart of year $8,837,624$8,567,941
X-26 Total liabilitiesStart of year $9,076,273$8,731,074
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $1,751,641$1,829,507
X-32 Total net assets or fund balancesStart of year $1,751,641$1,829,507
X-33 Total liabilities and net assetsStart of year $10,827,914$10,560,581
Part XI · Reconciliation of net assets $1,829,507 net assets at year end
XI-1 Total revenue$672,763
XI-2 Total expenses$594,897
XI-3 Revenue less expenses$77,866
XI-4 Net assets at start of year$1,751,641
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$0
XI-10 Net assets at end of year$1,829,507

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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.

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 pay comparisons above.