Mission
PROVIDING DEPOSIT & LOAN PRODUCTS & SERVICES TO MEMBERS OF THE ORGANIZATION
Public Charity
LOCO CREDIT UNION
LOCO CREDIT UNION, of ALAMOGORDO, NM, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.9M in revenue, $4.2M in expenses, $62.1M in total assets.
EIN: 856010427
ALAMOGORDO, NM
Latest filing: 2024
Total Revenue$3.9M
Total Expenses$4.2M
Total Assets$62.1M
Grant Records0
Filing Years2020–2024
Where $100 goes at Loco Credit Union
How Loco 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
$34
The credit union provided members a variety of banking services including loans at competetive rates
$33
The credit union returned earnings of close to $365,000 to its members in the form of dividends
$33
The credit union incresed its member equity position by approximately $996,000 during 2020
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
VICE CHAIR
Dave Olsen
BOARD MEMBER
David Johnson
CEO/TREASURER
Deanna Schlensig
BOARD MEMBER
George Wright
CHAIR
Gerald Wheeler
MEMBER
Mary Goldsmith
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.9M | $4.2M | $62.1M |
| 2023 | $4.0M | $4.0M | $65.8M |
| 2022 | $4.1M | $3.6M | $67.0M |
| 2021 | $3.8M | $3.5M | $66.9M |
| 2020 | $4.1M | $3.4M | $58.0M |
Between 2020 and 2024, reported annual revenue declined from $4.1M to $3.9M (-4%), with total assets most recently reported at $62.1M.
Interactive year-over-year charts and full filing details available with membership.