2026-04-15T16:23:59-05:00 2025-05-31 420714325 RSM US LLP 4650 EAST 53RD STREET DAVENPORT IA 528073479 990 2025-01-01 741539232 SPACE CITY CREDIT UNION SPAC 7132221244 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 CRAIG ROHDEN VP/CONTROLLER 7132221244 2026-04-15 1 JENIFER L CHASE P01306883 5638884000 2026-04-15 2025 2025-03-06 01:10:19Z X CRAIG ROHDEN 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 3919806 0 X WWW.SPACECITYCU.COM X 1965 TX COOPERATIVE THRIFT INSTITUTION THAT PROVIDES BANKING AND LOAN SERVICES TO ITS MEMBERS X 10 10 45 10 27646 0 0 0 9419795 3867267 201979 43958 7063 0 9628837 3911225 7500 7500 0 0 3215964 7366624 0 0 0 6435770 7326367 9659234 14700491 -30397 -10789266 134822437 0 115529150 0 19293287 0 SPACE CITY CREDIT UNION IS A COOPERATIVE THRIFT INSTITUTION THAT PROVIDES BANKING AND LOAN SERVICES TO ITS MEMBERS. 0 0 SPACE CITY CREDIT UNION (THE CREDIT UNION) OFFERS SHARE ACCOUNTS THAT PAY QUARTERLY DIVIDENDS TO MEMBERS. ACCESS IS OFFERED THROUGH BRANCH LOCATIONS, INTERNET, ATM'S AND TELEPHONE. SPECIAL CHRISTMAS SAVINGS ACCOUNTS ARE OFFERED TO ENCOURAGE MEMBERS TO SAVE AND BUDGET FOR CHRISTMAS EXPENSES. AS OF 5/31/2025, THE CREDIT UNION HAS 13,459 SHARE ACCOUNTS WITH A TOTAL OF $54,516,375 . THE CREDIT UNION ALSO HAS SHARE CERTIFICATES OF $17,373,252, AND IRA'S OF $3,908,595. SPACE CITY CREDIT UNION (THE CREDIT UNION) OFFERS CHECKING ACCOUNTS THAT GENERALLY PAY MONTHLY DIVIDENDS TO MEMBERS. ACCESS IS OFFERED THROUGH BRANCH LOCATIONS, INTERNET, ATM'S AND TELEPHONE. FREE DEBIT CARDS AND ONLINE BANKING FEATURES ARE PROVIDED. AS OF 5/31/2025, THE CREDIT UNION HAS 7,543 CHECKING ACCOUNTS WITH A TOTAL OF $40,699,764. SPACE CITY CREDIT UNION (THE CREDIT UNION) OFFERS CONSUMER LOANS TO MEMBERS FOR AUTOS, RECREATIONAL VEHICLES, MOTORCYCLES, AND REAL ESTATE. CONSUMER LIFE AND DISABILITY INSURANCE IS AVAILABLE ON MANY OF THESE LOAN TYPES. AS OF 5/31/2025, THE CREDIT UNION HAS APPROXIMATELY 5,006 CONSUMER LOANS TOTALING $91,639,230 OUTSTANDING. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 11136 0 1 45 1 1 1 0 0 0 0 0 1 0 X 10 10 0 0 0 0 1 1 1 1 0 0 0 1 0 1 1 1 1 0 X TIFINI ABSHIRE 7132221244 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 DAVID BACICA DIRECTOR 1.00 X 0 0 0 DARLA BAINES DIRECTOR 1.00 X 0 0 0 MATT HAYSLIP DIRECTOR 1.00 X 0 0 0 MARK HEITKER DIRECTOR 1.00 X 0 0 0 STEPHEN HINES VICE CHAIR 1.00 X X 0 0 0 JUDITH LANGFORD SECRETARY 1.00 X X 0 0 0 BUCK LAY CHAIR 1.00 X X 0 0 0 SAMMYE MOORE DIRECTOR 1.00 X 0 0 0 JOHN PATTON DIRECTOR 1.00 X 0 0 0 ROBERT SANDER TREASURER 1.00 X X 0 0 0 CRAIG ROHDEN PRESIDENT/CHIEF EXECUTIVE OFFICER 40.00 X 3631730 0 20549 VON'NESHIA MOORE EVP/CHIEF OPERATIONS OFFICER 40.00 X 2008522 0 37400 PAULA NEWKIRK VP OF LENDING 40.00 X 542034 0 2944 6182286 0 60893 3 0 1 0 FISERV PO BOX 208457 DALLAS TX 753208457 DATA PROCESSOR 547370 SUMMIT ADMINISTRATORS 110 WEST ROSAMOND ST HOUSTON TX 77076 CREDIT LIFE & DISABILITY PROVIDER 157061 WARRANTY SOLUTIONS MANAGEMENT CORP 110 WEST ROSAMOND ST HOUSTON TX 77076 WARRANTIES 126937 PUREIT CREDIT UNION SERVICES 1400 GRAHAM DR STE B TOMBALL TX 77375 INFORMATION TECHNOLOGY 101723 4 INTEREST ON MEMBER LOA 522100 2825544 2825544 FEES, INSURANCE & OTHE 522100 1041723 1014077 27646 3867267 52539 52539 8581 -8581 -8581 -8581 3911225 3839621 27646 43958 7500 5698201 1333766 53893 67824 212940 1800 38326 41609 189400 92705 208815 36406 103830 52793 DIVIDENDS PAID TO MEMBE 5436648 LOAN SERVICING FEES 402299 VISA/PULSE/DEBIT CARD E 378117 PROVISION FOR LOAN LOSS 236900 106719 14700491 1214878 0 0 0 96800 0 3371020 0 0 96039608 0 0 555431 0 0 0 3623819 0 0 24327403 0 0 1636710 0 3956768 0 134822437 0 677572 0 114851578 0 115529150 0 X 0 0 0 0 19293287 0 19293287 0 134822437 0 X -10789266 -8504021 X 0 0 0 TEXAS CORNERSTONE CREDIT UNION LEAGUE'S POLITICAL ACTION COMMITTEE 6801 PARKWOOD BLVD STE 300 PLANO TX 75024 750603700 0 2800 PART I-A, LINE 1: SPACE CITY CREDIT UNION PROMOTED CANDY SALES TO EMPLOYEES AND MEMBERS, AND ELECTIVE EMPLOYEE DEDUCTIONS IN SUPPORT OF THE TEXAS CORNERSTONE CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE TO SUPPORT CREDIT UNION ISSUES. SPACE CITY CREDIT UNION DID NOT DIRECTLY CONTRIBUTE TO THE PAC. 0 SPACE CITY CHARITIES 3101 HARRISBURG BLVD HOUSTON TX 77003 461199112 501(C)(3) 7500 0 PROGRAM SUPPORT 1 0 PART I, LINE 2: SPACE CITY CREDIT UNION ISSUES FUNDS TO BE USED AT THE RECIPIENT ORGANIZATION'S DISCRETION. X X 1 1 0 CRAIG ROHDEN PRESIDENT/CHIEF EXECUTIVE OFFICER 87307 0 44423 0 3500000 0 8334 0 12215 0 3652279 0 0 0 VON'NESHIA MOORE EVP/CHIEF OPERATIONS OFFICER 72984 0 35538 0 1900000 0 31786 0 5614 0 2045922 0 0 0 PAULA NEWKIRK VP OF LENDING 42034 0 0 0 500000 0 2313 0 631 0 544978 0 0 0 PART I, LINES 4A-B SEVERANCE/CHANGE OF CONTROL PAYMENTS: THE FOLLOWING INDIVIDUALS RECEIVED A CHANGE OF CONTROL PAYMENT AS PART OF SPACE CITY CREDIT UNION'S MERGER WITH TEXAS DOW EMPLOYEES CREDIT UNION. THE AMOUNT SHOWN BELOW IS INCLUDED IN EACH INDIVIDUAL'S REPORTABLE COMPENSATION ON FORM 990, PART VII AND SCHEDULE J, PART II. CRAIG RHODEN - $3,500,000 VON'NESHIA MOORE - $1,900,000 PAULA NEWKIRK - $500,000 PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: VON'NESHIA MOORE, EVP/CHIEF OPERATIONS OFFICER, PARTICIPATES IN A 457(F), NON-QUALIFIED DEFERRED COMPENSATION PLAN, SPONSORED BY SPACE CITY CREDIT UNION. DURING THE YEAR, SPACE CITY CREDIT UNION MADE $26,365 OF DEFINED BENEFIT ACCRUALS INTO THE PLAN ON BEHALF OF THE INDIVIDUAL PARTICIPANT. THIS DEFINED BENEFIT ACCRUAL AMOUNT IS REPORTED AS DEFERRED COMPENSATION ON FORM 990, PART VII AND SCHEDULE J, PART II. SEE STATEMENT 2025-05-31 119348980 INDEPENDENT THIRD PARTY VALUATION 741260543 TEXAS DOW EMPLOYEES CREDIT UNION 2000 POST OAK BLVD STE 2100 HOUSTON TX 77056 501(C)(14) 0 1 0 1 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: CRAIG ROHDEN; VON'NESHIA MOORE PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: VON'NESHIA MOORE WILL BECOME AN EMPLOYEE OF TEXAS DOW EMPLOYEES CREDIT UNION (TDECU).CRAIG RHODEN AND VON'NESHIA MOORE RECEIVED CHANGE OF CONTROL PAYMENTS AS PART OF SPACE CITY CREDIT UNION'S MERGER WITH TDECU. PART I, LINE 1A: SUBSTANTIALLY ALL ASSETS OF SPACE CITY CREDIT UNION TRANSFERRED PURSUANT TO A STATUTORY MERGER, INCLUDING CASH AND CASH EQUIVALENTS, LOANS AND LEASES, INVESTMENTS, FORECLOSED AND REPOSSESSED ASSETS, LAND AND BUILDINGS, EQUIPMENT, NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT, CORE DEPOSIT INTANGIBLE, GOODWILL, AND OTHER ASSETS. FORM 990, PART VI, SECTION A, LINE 6 SPACE CITY CREDIT UNION HAS MEMBERS AS SPECIFIED BY ITS BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A SPACE CITY CREDIT UNION MEMBERS HAVE THE POWER TO ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B SPACE CITY CREDIT UNION MEMBERS HAVE THE POWER TO ELECT OR REMOVE THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B SPACE CITY CREDIT UNION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION IS PROVIDED BY THE ACCOUNTING MANAGER TO THE TAX ACCOUNTANT FOR PREPARATION OF FORM 990. THE COMPLETED FORM 990 IS THEN REVIEWED BY AN EXECUTIVE OFFICER. A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT THE NEXT MEETING, BEFORE IT HAS BEEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CHIEF EXECUTIVE OFFICER'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE DETERMINATION OF COMPENSATION IS DOCUMENTED IN EXECUTIVE SESSION MINUTES. COMPENSATION IS DETERMINED BY UTILIZING DATA COLLECTED THROUGH A COMPENSATION SURVEY OF CHIEF EXECUTIVE COMPENSATION AT OTHER CREDIT UNIONS THAT ARE SIMILAR IN SIZE AND COMPLEXITY. THE SAME PROCESS IS USED TO ESTABLISH COMPENSATION FOR KEY EMPLOYEES OF SPACE CITY CREDIT UNION. THIS PROCESS LAST OCCURRED IN JANUARY 2025. FORM 990, PART VI, SECTION C, LINE 19 SPACE CITY CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AND UNAUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SAME TIME AND MANNER AS OTHER DISCLOSURES REQUIRED UNDER INTERNAL REVENUE CODE SECTION 6104. SPACE CITY CREDIT UNION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS PURSUANT TO MERGER WITH TDECU -8,504,021.