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.
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.
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.
How Lowland Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Officer compensation and complete director data available with membership.
| 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.