CSCharityScored
87

Gulf Credit Union

Other · Groves, Texas

Po Box 848, Groves, TX 77619-0848

EIN: 741110172· Founded: Jun 1976· 50 years active· Filing Year: 2023

Annual Revenue

$16.9M

Total Expenses

$14.6M

Total Assets

$318.0M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$794K

5.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.5M

Total Payroll

$5.3M

36% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 36%
Other overhead: 6%
Program Revenue$13.8M (81%)
Total Expenses$14.6M (86%)
Payroll$5.3M (36%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$16.9M annual revenue

15%

Executive Compensation

$794K total officer comp (5.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$318.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.