Eastman Credit Union
Nonprofit profile at a glance
- EIN
- 626039479
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Kingsport, TN, USA
- Phone
- 800-999-2328
- Rating confidence
- Limited
Reported finances
- Revenue
- $602,491,997
- Expenses
- $438,179,625
- Assets
- $9,906,909,981
- Liabilities
- $8,496,529,216
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- KELLY PRICE (PRESIDENT/CEO, DIRECTOR)
Highest reported compensation
- KELLY PRICE (PRESIDENT/CEO, DIRECTOR): $1,262,408 total reported compensation
- TONJA FISH (EVP, CHIEF FINANCIAL OFFICER): $556,850 total reported compensation
- DARRELL DINSMORE (EVP, CHIEF ADMINISTRATIVE OFFICER): $522,928 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Operated during 2019 as a state chartered credit union whose purpose is to be the preferred financial institution in the communities we serve by providing financial products and services which add value to members, guided by credit union co-operative values and service excellence expectations. ECU's newly named CEO, Kelly Price, announced Texas expansion efforts with the groundbreaking of the Pine Tree branch and support center. 2020 Image 2022. On September 10, 1934, Tennessee Eastman Credit Union received its charter to provide financial services to employees of Tennessee Eastman Corporation. 1934 Image 1 1941-1945. Mobile Banking was introduced to provide easier account access. 2007 Image 2014-2020. Indirect Lending Program ECU financing with added convenience! With ECU’s Indirect Lending program, you have access to ECU financing options on your new car, boat, camper, HVAC system...
What it reported doing in 2025
Operated during 2025 as a state chartered mutually owned credit union that made loans to its members at reasonable rates of interest. Maintained a loan portfolio composed of consumer, mortgage, home equity, visa and member business loans that totaled $7,777,151,049.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 76
- Accountability: 94
- Sustainability: 80
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 77.5%; rating input score 78; 22nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 19th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 27.3%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 22.61; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.86; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: -20.4% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 10% per year; rating input score 100; 68th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $1.3M · 24 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $19.4M reported
- Consistency: 10 of 11 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 54 filed money-flow records
- Related organizations: 40 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 14/100.