Public Charity

LOWLAND CREDIT UNION

LOWLAND CREDIT UNION is a nonprofit organization categorized as Public Charity based in MORRISTOWN, TN. Its most recent IRS filing (2024) reports revenue of $2.5M, expenses of $3.1M.

EIN: 620671754 MORRISTOWN, TN Latest filing: 2024
Total Revenue$2.5M
Total Expenses$3.1M
Grant Records0
Filing Years2020–2024

Mission

STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 10,217 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES AND MAINTAIN ACCOUNTS, AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.

Where $100 goes at Lowland Credit Union

How Lowland Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
State chartered credit union mutually owned by our 10,217 members to promote thrift, issue shares and maintain accounts, and make loans to our members
All program spending · Reported in the filing: 10,217 members
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Anthony L Cagle
IT MANAGER Charles V Fine
BOARD MEMBER Edward L Gilbert
COO Heather N Moore
BOARD MEMBER Joann Jenkins
BOARD MEMBER John T Walker

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $2.5M $3.1M —
2023 $7.3M $7.6M $137.0M
2022 $6.3M $5.7M $136.5M
2021 $5.7M $5.1M $135.1M
2020 $5.1M $4.5M $116.3M

Between 2020 and 2024, reported annual revenue declined from $5.1M to $2.5M (-51%).

Interactive year-over-year charts and full filing details available with membership.

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