Gateway Credit Union

Not tax-deductible

Springfield, ORMutual-benefit / member-servingEIN 93-0519645Revenue $1.5M in FY2025

On file with the IRSyourgcu.org3030 Gateway Loop, 97477-1117 · Springfield, ORTax-exempt since Oct 1944

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Non-profit credit union

100¢ of each $1 spent went to programs.
Run by 7 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · 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
6 of 6
filings with a surplus
Average surplus $183K a year · 14% of revenue · last 6 filings
Looks good: a surplus in 6 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
$187K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
77 mo
of spending, in cash
Looks good: 77.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$22.0M
76% of total assets
Worth a look: liabilities are 76% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+3% vs prior year
Spent
$1.3M
To programs
100%
Net assets
$6.8M
By yearFY2020–FY2025
Revenue
$1.5M
FY2025▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.0M
FY2022$1.2M
FY2023$1.5M
FY2024$1.5M
FY2025$1.5M
Expenses
$1.3M
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$945K
FY2022$1.0M
FY2023$1.2M
FY2024$1.3M
FY2025$1.3M
Net assets
$6.8M
FY2025▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.8M
FY2021$5.9M
FY2022$6.0M
FY2023$6.4M
FY2024$6.6M
FY2025$6.8M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1944.

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% · $1.3M

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; $187K paid to officers and key staff.

Part VII, Section A · reportable compensation
$187,425Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Vice
$0Pt VII · Sec A
Board Director and Supervisory Committee Chair
$0Pt VII · Sec A
Supervisory Committee
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Supervisory Committee
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Marcos Sulistio$187,425$178,775$171,227$139,789$182,764$155,939

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.

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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

Gateway Credit Union is a member-serving organization based in Springfield, OR.

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Provided by the organization

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1 program · $1.3M · in their own filed words · FY2025
01

Non-profit credit union

$1.3Mprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$251K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.3M
Owns and owesPt X
$6.8M
net assets · Ln 32
Cash and savingsLn 1–2$8.5M
Total assetsLn 16$28.8M
LiabilitiesLn 26$22.0M
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$251K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$132K
SavingsLn 2$8.4M
Cash and savings togetherLn 1–2$8.5M
Land, buildings, equipmentLn 10c$253K
Other assetsLn 15$225K
Total assetsLn 16$28.8M
LiabilitiesLn 26$22.0M
Net assetsLn 32$6.8M
OperationsPt I, VI
EmployeesI 56
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 FY25End FY25
Cash and savingsLn 1–2$8.8M$8.5M
Land, buildings, equipmentLn 10c$264K$253K
Total assetsLn 16$30.0M$28.8M
LiabilitiesLn 26$23.4M$22.0M
Net assetsLn 32$6.6M$6.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$177K$177K
Other salaries and wagesLn 7$314K$314K
Pension plan contributionsLn 8$52K$52K
Other employee benefitsLn 9$54K$54K
Payroll taxesLn 10$44K$44K
Legal feesLn 11b$4K$4K
Other fees for servicesLn 11g$149K$149K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$80K$80K
OccupancyLn 16$72K$72K
Conferences, conventions and meetingsLn 19$9K$9K
InterestLn 20$38$38
InsuranceLn 23$232$232
Other expenses (24a–d)Ln 24$355K$355K$0$0
Total functional expensesLn 25$1.3M$1.3M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.5M$1.3M$193K$6.8M 990 PDF
FY2024 $1.5M$1.3M$191K$6.6M 990 PDF
FY2023 $1.5M$1.2M$340K$6.4M 990 PDF
FY2022 $1.2M$1.0M$177K$6.0M 990 PDF
FY2021 $1.0M$945K$100K$5.9M 990 PDF
FY2020 $1.1M$1.0M$99K$5.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,516,524 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,473,271$1,265,250
I-10 Investment incomePrior year $0$251,274
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,473,271$1,516,524
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 $612,845$641,980
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $669,824$682,034
I-18 Total expensesPrior year $1,282,669$1,324,014
I-19 Revenue less expensesPrior year $190,602$192,510
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $1,516,524 across 4 lines filed
Lines not itemized here account for $1,265,250 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $251,274 · Unrelated business $0 · Excluded from tax $0$251,274
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $1,516,524 · Unrelated business $0 · Excluded from tax $0$1,516,524
Part IX · Statement of functional expenses $1,324,014 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $177,102$177,102
IX-7 Other salaries and wagesPrograms $314,484$314,484
IX-8 Pension plan contributionsPrograms $51,687$51,687
IX-9 Other employee benefitsPrograms $54,212$54,212
IX-10 Payroll taxesPrograms $44,495$44,495
IX-11b Legal feesPrograms $4,399$4,399
IX-11g Other fees for servicesPrograms $149,086$149,086
IX-12 Advertising and promotionPrograms $11,794$11,794
IX-13 Office expensesPrograms $80,294$80,294
IX-16 OccupancyPrograms $72,153$72,153
IX-19 Conferences, conventions and meetingsPrograms $8,854$8,854
IX-20 InterestPrograms $38$38
IX-23 InsurancePrograms $232$232
IX-24 Other expenses (24a–d)Programs $355,184 · Management $0 · Fundraising $0$355,184
IX-25 Total functional expensesPrograms $1,324,014 · Management $0 · Fundraising $0$1,324,014
Part X · Balance sheet $28,767,832 assets, 12 lines filed
Asset lines not itemized here account for $19,673,565; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $118,337$131,920
X-2 Savings and temporary cash investmentsStart of year $8,669,115$8,373,192
X-4 Accounts receivable$76,000
X-9 Prepaid expenses and deferred chargesStart of year $68,421$35,070
X-10c Land, buildings and equipment, netStart of year $264,034$252,843
X-15 Other assetsStart of year $190,384$225,242
X-16 Total assetsStart of year $29,967,146$28,767,832
X-17 Accounts payable and accrued expensesStart of year $15,889$6,263
X-25 Other liabilitiesStart of year $23,381,872$21,999,674
X-26 Total liabilitiesStart of year $23,397,761$22,005,937
X-32 Total net assets or fund balancesStart of year $6,569,385$6,761,895
X-33 Total liabilities and net assetsStart of year $29,967,146$28,767,832
Part XI · Reconciliation of net assets $6,761,895 net assets at year end
XI-1 Total revenue$1,516,524
XI-2 Total expenses$1,324,014
XI-3 Revenue less expenses$192,510
XI-4 Net assets at start of year$6,569,385
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$6,761,895

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

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