Mission
New Mexico state chartered credit union providing financial services to its members as provided
Public Charity
Railroad Employees Credit Union
Railroad Employees Credit Union, of Belen, NM, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.0M in revenue, $4.0M in expenses, $75.4M in total assets.
EIN: 850234701
Belen, NM
Latest filing: 2025
Total Revenue$5.0M
Total Expenses$4.0M
Total Assets$75.4M
Grant Records0
Filing Years2017–2025
Where $100 goes at Railroad Employees Credit Union
How Railroad Employees Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 4 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 providing financial services to its members as provided by the New Mexico Credit Union Act
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
Amy Shields
Chairperson
Horacio R Padilla
Board Treasurer
Jim Davis
CEO
Matthew Soto
Board Secretary
Theresa Chavez
Vice Chairperson
Wayne Gallegos
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.0M | $4.0M | $75.4M |
| 2024 | $4.1M | $3.6M | $73.1M |
| 2023 | $3.3M | $3.4M | $63.7M |
| 2017 | $1.5M | $1.1M | $30.6M |
Between 2017 and 2025, reported annual revenue grew from $1.5M to $5.0M (+231%), with total assets most recently reported at $75.4M.
Interactive year-over-year charts and full filing details available with membership.