Mission
Schlumberger Employees Credit Union (SECU) is a co-operative thrift institution, providing savings and loans to its members. SECU is a member of NCUA.
Public Charity
Schlumberger Employees Credit Union
Schlumberger Employees Credit Union is a nonprofit organization categorized as Public Charity based in Sugar Land, TX. Its most recent IRS filing (2025) reports revenue of $40.0M, expenses of $24.8M, total assets of $895.6M.
EIN: 746050582
Sugar Land, TX
Latest filing: 2025
Total Revenue$40.0M
Total Expenses$24.8M
Total Assets$895.6M
Grant Records0
Filing Years2021–2025
Where $100 goes at Schlumberger Employees Credit Union
How Schlumberger Employees Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 9 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
$25
Schlumberger Employees Credit Union (SECU) share/savings accounts offer advantages to all of the credit unions members
$25
SECU provides checking accounts with various features for all of the credit unions members
$25
Since its inception, SECU has provided low-cost loans to its members
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Board Member
Bill Carpenter
PresidentCEO
Harold E Ottis Jr
Board Member
John Zarnowiecki
Board Member
Kannan Venkataraman
Board Member
Kevin Comeaux
VP Lending
Mark Sprainis
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $40.0M | $24.8M | $895.6M |
| 2024 | $36.4M | $22.1M | $878.6M |
| 2023 | $30.7M | $17.9M | $901.7M |
| 2022 | $23.4M | $12.3M | $926.6M |
| 2021 | $19.7M | $9.1M | $924.2M |
Between 2021 and 2025, reported annual revenue grew from $19.7M to $40.0M (+104%), with total assets most recently reported at $895.6M.
Interactive year-over-year charts and full filing details available with membership.