State Chartered Credit Unions in Louisiana
Nonprofit profile at a glance
- EIN
- 726019416
- IRS 990 coverage
- 2013–2025
- Forms available
- Form 990 2025
- Location
- Baton Rouge, LA, USA
- Phone
- 2253426618
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $10,856,133
- Expenses
- $8,657,914
- Assets
- $119,628,656
- Liabilities
- $91,136,799
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- Ellen Murphy (CEO)
Highest reported compensation
- Ellen Murphy (CEO): $213,002 total reported compensation
- Dedra Francis (COO): $139,411 total reported compensation
- Roxanne F Brown (CFO): $117,251 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate a state chartered credit union providing loans, savings and checking accounts to members.
What it reported doing in 2025
The credit union did not receive any grants
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 71
- Accountability: 91
- Sustainability: 67
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- 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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 20.2%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 13.82; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.76; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 9%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: -6.2% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 25 of 25 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $213K · 31 people listed · 2 of 6 pay-setting controls reported
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 12 filing years from 2013 to 2025
- Contacts: How to reach this organization
- Money network: 52 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 29/100.