Pie Credit Union FY2023 filing

Not tax-deductible

Houston, TXMutual-benefit / member-servingMutual / membership EIN 74-6176202Revenue $406K in FY2023Latest return filed Feb 25, 2026

On file with the IRSpiecu.orgHouston, TXTax-exempt since Jun 1976

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PIE Credit Union is a cooperative thrift institution. Our mission is to maintain a sound financial institution and provide excellent services to our member-owners.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-6176202) · Dispute this line
100¢ of each $1 spent went to programs.
$109K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $113K a year · 26% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$109K
to officers and key staff · 40% of spending
Pay to officers and key staff is 40% of spending.
Part VII, Section A
9.6 mo
of spending, in cash
Plus $5.6M in investments, Pt X · Ln 11–13
9.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$9.0M
80% of total assets
Liabilities are 80% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$406K
+33% vs prior year
Spent
$274K
To programs
100%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$406K
FY2023▲ +33%
Tap a bar for its year
Revenue by fiscal year
FY2020$363K
FY2021$304K
FY2022$305K
FY2023$406K
FY2024$562K
FY2025$628K
Expenses
$274K
FY2023▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$295K
FY2021$275K
FY2022$277K
FY2023$274K
FY2024$376K
FY2025$395K
Net assets
$2.3M
FY2023▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$2.2M
FY2022$2.2M
FY2023$2.3M
FY2024$2.5M
FY2025$2.7M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

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% · $274K

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

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Who runs it and what they're paid

8 people listed on the 990; $109K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/Manager
$75,683Pt VII · Sec A
Assistant Manager
$33,196Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Orelia J Clay$92,452$90,984$75,683———
Jessica Inman———$74,731$82,544$82,544
Orelia Clay———$69,115$72,476$72,476
Sara Cantu——$33,196———

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 Pie 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 save money and access financial services.

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3 programs · $274K · in their own filed words · FY2023
01

PIE Credit Union's share accounts offer advantages for members of all ages. The credit union has 1,095 member-owned accounts as of December 31, 2023. Our savings accounts pay monthly dividends and offer access in person, by phone or through online banking.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-6176202) · Dispute this line
$217Kprogram expense
02

PIE Credit Union provides checking accounts for members with account access by writing checks, using debit cards or through online banking.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-6176202) · Dispute this line
$29Kprogram expense
03

PIE Credit Union provides vehicle, motorcycle, boat, signature and home equity loans to qualified members. Credit life and disability insurance is available on any of these loans per applicant request.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-6176202) · Dispute this line
$28Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$406K
Ln 12
Fees for servicesLn 2g$275K
Investment incomeLn 3$119K
Other incomeLn 4–11$12K
Money outPt IX
$274K
Ln 25
Programscol B$274K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$218K
Total assetsLn 16$11.3M
LiabilitiesLn 26$9.0M
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$275K
Investment incomeLn 3$119K
Other incomeLn 4–11$12K
Total revenueLn 12$406K
Assets in detailPt X, end of year
CashLn 1$218K
Cash and savings togetherLn 1–2$218K
Notes and loans receivableLn 7$5.5M
Prepaid expenses and deferred chargesLn 9$9K
Land, buildings, equipmentLn 10c$25
InvestmentsLn 11–13$5.6M
Other assetsLn 15$30K
Total assetsLn 16$11.3M
LiabilitiesLn 26$9.0M
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
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 FY23End FY23
Cash and savingsLn 1–2$224K$218K
InvestmentsLn 11–13$7.7M$5.6M
Land, buildings, equipmentLn 10c$33$25
Total assetsLn 16$11.6M$11.3M
LiabilitiesLn 26$9.4M$9.0M
Net assetsLn 32$2.2M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0$0
Pay of disqualified personsLn 6$0$0
Other salaries and wagesLn 7$110K$110K
Pension plan contributionsLn 8$0$0
Other employee benefitsLn 9$0$0
Payroll taxesLn 10$0$0
Management feesLn 11a$28K$28K
Legal feesLn 11b$0$0
Accounting feesLn 11c$0$0
Lobbying feesLn 11d$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0
Other fees for servicesLn 11g$0$0
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$18K$18K
Information technologyLn 14$48K$48K
RoyaltiesLn 15$0$0
OccupancyLn 16$0$0
TravelLn 17$0$0
Travel and entertainment for public officialsLn 18$0$0
Conferences, conventions and meetingsLn 19$0$0
InterestLn 20$33K$33K
Payments to affiliatesLn 21$0$0
Depreciation, depletion and amortizationLn 22$0$0
InsuranceLn 23$0$0
Other expenses (24a–d)Ln 24$31K$31K$0$0
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$274K$274K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 25, 2026 $628K$395K$233K$2.7M 990 PDF
FY2024Filed with the IRS Mar 3, 2025 $562K$376K$186K$2.5M 990 PDF
FY2023 ViewingFiled with the IRS Mar 11, 2024 $406K$274K$132K$2.3M 990 PDF
FY2022Filed with the IRS Mar 28, 2023 $305K$277K$28K$2.2M 990 PDF
FY2021Filed with the IRS Feb 16, 2022 $304K$275K$29K$2.2M 990 PDF
FY2020Filed with the IRS Mar 18, 2021 $363K$295K$68K$2.1M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $405,603 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $178,577$274,590
I-10 Investment incomePrior year $85,626$118,710
I-11 Other revenuePrior year $40,466$12,303
I-12 Total revenuePrior year $304,669$405,603
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 $129,080$109,671
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $147,527$164,274
I-18 Total expensesPrior year $276,607$273,945
I-19 Revenue less expensesPrior year $28,062$131,658
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 $405,603 across 5 lines filed
Lines not itemized here account for $12,303 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 $274,590 · Unrelated business $0 · Excluded from tax $0$274,590
VIII-3 Investment incomeRelated to mission $118,710 · Unrelated business $0 · Excluded from tax $0$118,710
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $404,973 · Unrelated business $630 · Excluded from tax $0$405,603
Part IX · Statement of functional expenses $273,945 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $0$0
IX-6 Pay of disqualified personsPrograms $0$0
IX-7 Other salaries and wagesPrograms $109,671$109,671
IX-8 Pension plan contributionsPrograms $0$0
IX-9 Other employee benefitsPrograms $0$0
IX-10 Payroll taxesPrograms $0$0
IX-11a Management feesPrograms $27,850$27,850
IX-11b Legal feesPrograms $0$0
IX-11c Accounting feesPrograms $0$0
IX-11d Lobbying feesPrograms $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0$0
IX-11g Other fees for servicesPrograms $0$0
IX-12 Advertising and promotionPrograms $5,608$5,608
IX-13 Office expensesPrograms $17,660$17,660
IX-14 Information technologyPrograms $47,972$47,972
IX-15 RoyaltiesPrograms $0$0
IX-16 OccupancyPrograms $0$0
IX-17 TravelPrograms $0$0
IX-18 Travel and entertainment for public officialsPrograms $0$0
IX-19 Conferences, conventions and meetingsPrograms $0$0
IX-20 InterestPrograms $32,861$32,861
IX-21 Payments to affiliatesPrograms $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0$0
IX-23 InsurancePrograms $0$0
IX-24 Other expenses (24a–d)Programs $31,182 · Management $0 · Fundraising $0$31,182
IX-24e All other expensesPrograms $1,141$1,141
IX-25 Total functional expensesPrograms $273,945 · Management $0 · Fundraising $0$273,945
Part X · Balance sheet $11,331,951 assets, 31 lines filed
X-1 Cash, non-interest-bearingStart of year $224,234$218,300
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $3,670,459$5,480,753
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $2,552$8,573
X-10c Land, buildings and equipment, netStart of year $33$25
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $7,679,026$5,593,862
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $16,410$30,438
X-16 Total assetsStart of year $11,592,714$11,331,951
X-17 Accounts payable and accrued expensesStart of year $67,363$78,593
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-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $9,334,352$8,938,178
X-26 Total liabilitiesStart of year $9,401,715$9,016,771
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 $2,190,999$2,315,180
X-32 Total net assets or fund balancesStart of year $2,190,999$2,315,180
X-33 Total liabilities and net assetsStart of year $11,592,714$11,331,951
Part XI · Reconciliation of net assets $2,315,180 net assets at year end
XI-1 Total revenue$405,603
XI-2 Total expenses$273,945
XI-3 Revenue less expenses$131,658
XI-4 Net assets at start of year$2,190,999
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−$7,477
XI-10 Net assets at end of year$2,315,180

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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