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ESSENTIAL CREDIT UNION

Cite this

Plain text ESSENTIAL CREDIT UNION. Strategy Studio, nonprofit organization profile, tax years 2023. https://strategystudio.org/org/720719172. Retrieved 2026-10-18.

APA Strategy Studio. (n.d.). ESSENTIAL CREDIT UNION [Nonprofit organization profile; tax years 2023]. Retrieved October 18, 2026, from https://strategystudio.org/org/720719172

MLA “ESSENTIAL CREDIT UNION.” Strategy Studio, tax years 2023, https://strategystudio.org/org/720719172. Accessed 18 Oct. 2026.

Retrieved 2026-10-18; covers tax years 2023. Data: Strategy Studio, CC BY 4.0.

2023 · Form 990 · revenue $25.1M · expenses $24.3M · assets $386.7M

EIN
72-0719172
Address
2370 TOWNE CENTER BLVD, BATON ROUGE, LA 70806-8172
Website
HTTPS://ESSENTIALCU.ORG
NTEE code
W60
Subsection
501(c)(14)
Ruling year
2026
Cross-check
ProPublica Nonprofit Explorer

Mission

TO PROVIDE A COMMUNITY WITH FINANCIAL SOLUTIONS AND OPTIMAL SERVICE THAT SURPASSES EXPECTATIONS WHILE GIVING BACK TO THE COMMUNITIES IN WHICH WE SERVE.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

18 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Richard Williams CEO2023 $416,471$416,471 1
Weston Moreau Iii COO2023 $228,216$228,216 1
Allison Rogers Brown CMO2023 $195,503$195,503 1
Karesa Pierre CAO2023 $180,133$180,133 1
Krugerrand Hollins CTO2023 $173,291$173,291 1
Steve Lattuca CFO2023 $159,517$159,517 1
David Beam VP OF LENDING2023 $146,299$146,299 1
Ladonna Evans-Sutton VP OF COMMERCIAL SERVICES2023 $129,259$129,259 1
Stephan Pierre BOARD OF DIRECTOR2023 $8,029$8,029 1
Joey Justice BOARD CHAIR2023 $6,009$6,009 1
F Sherman Dupre SUPERVISORY COMMITTEE2023 $6,000$6,000 1
Kenith Woodall BOARD OF DIRECTOR2023 $5,893$5,893 1
Edmond Jordan BOARD TREASURER2023 $5,823$5,823 1
Louise Crochet SUPERVISORY COMMITTEE CHAIR2023 $4,851$4,851 1
Sue Hunt BOARD OF DIRECTOR2023 $4,100$4,100 1
Perry Robey BOARD OF DIRECTOR2023 $3,888$3,888 1
Boyd J Courville SUPERVISORY COMMITTEE2023 $3,065$3,065 1
Lisa Perry BOARD OF DIRECTOR2023 $634$634 1

Officers and directors, no compensation reported

2 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Robbie Bagley BOARD SECRETARY2023 2 $0 reported 1
Mary Overall BOARD OF DIRECTOR2023 2 $0 reported 1

People by year

2023 · 20 people listed · 18 paid, $1.7M · 135 employees · 2 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
RICHARD WILLIAMS CEO40 $389,374$0$27,097 $416,4711
WESTON MOREAU III COO40 $205,203$0$23,013 $228,2161
ALLISON ROGERS BROWN CMO40 $166,558$0$28,945 $195,5031
KARESA PIERRE CAO40 $158,833$0$21,300 $180,1331
KRUGERRAND HOLLINS CTO40 $165,270$0$8,021 $173,2911
STEVE LATTUCA CFO40 $153,250$0$6,267 $159,5171
DAVID BEAM VP OF LENDING40 $119,644$0$26,655 $146,2991
LADONNA EVANS-SUTTON VP OF COMMERCIAL SERVICES40 $116,679$0$12,580 $129,2591
STEPHAN PIERRE BOARD OF DIRECTOR2 $8,029$0$0 $8,0291
JOEY JUSTICE BOARD CHAIR2 $6,009$0$0 $6,0091
F SHERMAN DUPRE SUPERVISORY COMMITTEE2 $6,000$0$0 $6,0001
KENITH WOODALL BOARD OF DIRECTOR2 $5,893$0$0 $5,8931
EDMOND JORDAN BOARD TREASURER2 $5,823$0$0 $5,8231
LOUISE CROCHET SUPERVISORY COMMITTEE CHAIR2 $4,851$0$0 $4,8511
SUE HUNT BOARD OF DIRECTOR2 $4,100$0$0 $4,1001
PERRY ROBEY BOARD OF DIRECTOR2 $3,888$0$0 $3,8881
BOYD J COURVILLE SUPERVISORY COMMITTEE2 $3,065$0$0 $3,0651
LISA PERRY BOARD OF DIRECTOR2 $634$0$0 $6341
ROBBIE BAGLEY BOARD SECRETARY2 $0$0$0 $01
MARY OVERALL BOARD OF DIRECTOR2 $0$0$0 $01

Highest-paid independent contractors

2023 · 5 contractors · $2.7M
NameLocationServicePaid
NCRATLANTA, GACONSULTING AND TECHNOLOGY$1,016,155
FISERVBROOKFIELD, WITECHNOLOGY$767,801
MIREMONT SCHOONMAKERBATON ROUGE, LARENOVATIONS$381,654
QSI INCBARDSTOWN, KYTECHNOLOGY$297,371
MERIDIANLINKLOS ANGELES, CACONSULTING$276,989

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$25,052,879$24,293,612 $386,709,201$31,613,824 $0$24,571,772 $852,4961352

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
TREMONT CREDIT UNIONMAW60 $14,269,021$14,911,952 CEO$500,968 Same NTEE code W60, revenue within 2x, similar name
INDIANA SECONDARY MARKET FOR EDUCATION LOANS INCINW60 $16,015,983$13,040,212 CEO & PRESIDENT$506,699 Same NTEE code W60, revenue within 2x
COLLEGE FUTURES FOUNDATIONCAW60 $46,329,971$38,109,372 PRESIDENT/CEO, BOARD MEMBER EX-OFFICIO$664,650 Same NTEE code W60, revenue within 2x
CREDIT UNION OF ATLANTAGAW60 $5,776,317$5,530,428 CEO$176,453 Same NTEE code W60, revenue within 5x
FRESNO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONCAW60 $6,825,721$5,784,612 President & CEO$220,969 Same NTEE code W60, revenue within 5x
BENEFICIAL STATE FOUNDATIONCAW60 $5,346,285$5,623,982 EXEC DIR AND CHIEF IMPACT OFFICER$226,226 Same NTEE code W60, revenue within 5x
FRIENDS FIDUCIARY CORPORATIONPAW60 $7,266,468$6,830,548 EXECUTIVE DIRECTOR$345,315 Same NTEE code W60, revenue within 5x
TEXAS GUARANTEED STUDENT LOAN CORPORATIONTXW60 $98,509,390$42,795,642 PRESIDENT/CEO$704,107 Same NTEE code W60, revenue within 5x
HELIOS EDUCATION FOUNDATIONAZW60 $52,419,531$39,635,771 PRESIDENT AND CEO$724,642 Same NTEE code W60, revenue within 5x
THE LANDMARKS FINANCIAL CORPORATIONPAW60 $8,747,534$2,482,121 CO-FOUNDER$369,060 Same NTEE code W60, revenue within 5x
MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATIONMSW60 $8,626,790$7,762,746 President/CEO$364,027 Same NTEE code W60, revenue within 5x
STABLE HOME FUNDNYW60 $6,266,793$3,283,138 BOARD CHAIR$0 Same NTEE code W60, revenue within 5x
CAPITAL IMPACT PARTNERSVAW60 $115,553,223$85,546,462 PRESIDENT & CEO$1,064,353 Same NTEE code W60, revenue within 5x
SOUTH CAROLINA STUDENT LOAN CORPORATIONSCW60 $58,364,992$41,883,579 PRESIDENT & CEO, SECRETARY$547,629 Same NTEE code W60, revenue within 5x
501 PROPERTY INCTXW60 $7,072,711$145,470 DIRECTOR$0 Same NTEE code W60, revenue within 5x
ANABAPTIST FINANCIALPAW60 $56,415,297$51,022,198 EXECUTIVE OFFICER$155,764 Same NTEE code W60, revenue within 5x
STUDENT ASSISTANCE FOUNDATION OF MONTANAMTW60 $8,684,821$4,478,614 PRESIDENT/CEO SAF, CEO MHESAC$260,498 Same NTEE code W60, revenue within 5x
FILENE RESEARCH INSTITUTE INCWIW60 $10,923,611$10,195,724 CHAIR$0 Same NTEE code W60, revenue within 5x
AMERICAN ASSOCIATION OF INDIVIDUAL INVESTORSILW60 $5,894,187$5,777,543 PRESIDENT$207,443 Same NTEE code W60, revenue within 5x
AKIPTANSDW60 $9,671,787$2,818,243 EXECUTIVE DI$154,539 Same NTEE code W60, revenue within 5x
PHEAA STUDENT LOAN FOUNDATION INCPAW60 $71,037,628$65,646,345 PRESIDENT AND DIRECTOR$265,354 Same NTEE code W60, revenue within 5x
ACCESSLEX INSTITUTEPAW60 $72,063,198$83,246,965 PRESIDENT & CEO$1,166,595 Same NTEE code W60, revenue within 5x
CONNECTICUT STUDENT LOAN FOUNDTIONCTW60 $4,517,130$4,064,642 EXECUTIVE DIRECTOR$333,199 Same NTEE code W60, revenue within 10x
C S B S EDUCATION FOUNDATIONDCW60 $4,704,572$4,770,794 PRESIDENT AND CEO, SECRETARY$939,303 Same NTEE code W60, revenue within 10x
OPPORTUNITY FINANCE NETWORKPAW60 $139,737,347$33,082,322 PRESIDENT & CEO$433,065 Same NTEE code W60, revenue within 10x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
THE CHICAGO COMMUNITY TRUST DAF sponsor$60,000,0002 12019–2023 CAPITAL IMPACT PARTNERS
KATTOM FOUNDATION Private foundation$44,478,0367 12016–2024 BENEFICIAL STATE FOUNDATION
TIDES FOUNDATION DAF sponsor$26,831,7676 22018–2024 OPPORTUNITY FINANCE NETWORK; BENEFICIAL STATE FOUNDATION
NATIONAL PHILANTHROPIC TR DAF sponsor$25,208,0003 32022–2024 OPPORTUNITY FINANCE NETWORK; FRIENDS OF THE PUBLIC BANK EAST BAY; STABLE HOME FUND
JAMES IRVINE FOUNDATION Private foundation$13,382,50013 32018–2024 COLLEGE FUTURES FOUNDATION; FRESNO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION; FRIENDS OF THE PUBLIC BANK EAST BAY
CITI FOUNDATION Private foundation$11,000,0006 42020–2023 OPPORTUNITY FINANCE NETWORK; CAPITAL IMPACT PARTNERS; FRESNO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION; TRUE ACCESS CAPITAL CORPORATION
W K KELLOGG FOUNDATION Private foundation$10,408,28116 22010–2021 CAPITAL IMPACT PARTNERS; OPPORTUNITY FINANCE NETWORK
FORD FOUNDATION Private foundation$10,320,00024 32011–2024 CAPITAL IMPACT PARTNERS; FILENE RESEARCH INSTITUTE INC; OPPORTUNITY FINANCE NETWORK
JPMORGAN CHASE FOUNDATION Private foundation$9,436,28942 82010–2024 CAPITAL IMPACT PARTNERS; OPPORTUNITY FINANCE NETWORK; TRUE ACCESS CAPITAL CORPORATION; UTAH MICROENTERPRISE LOAN FUND and 4 more
JEWISH COMMUNITY FEDERATION OF S F MARIN PENINSULA & SONOMA COUNTIES DAF sponsor$8,968,25617 12009–2024 HEBREW FREE LOAN ASSOCIATION OF SAN FRANCISCO
F B HERON FOUNDATION Private foundation$7,100,0005 22020–2022 CAPITAL IMPACT PARTNERS; FRESNO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$6,394,41422 52016–2024 OPPORTUNITY FINANCE NETWORK; HEBREW FREE LOAN ASSOCIATION OF SAN FRANCISCO; HEBREW FREE LOAN ASSOCIATION OF DISTRICT OF COLUMBIA; IKT IM KESEF TALVE and 1 more
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$5,423,06010 22019–2024 OPPORTUNITY FINANCE NETWORK; HEBREW FREE LOAN ASSOCIATION OF SAN FRANCISCO
KRESGE FOUNDATION Private foundation$3,434,26023 22016–2024 CAPITAL IMPACT PARTNERS; OPPORTUNITY FINANCE NETWORK
ROBERT WOOD JOHNSON FOUNDATION Private foundation$3,407,1469 22011–2022 CAPITAL IMPACT PARTNERS; OPPORTUNITY FINANCE NETWORK

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2023 · Form 990 · $24,293,612 spent · pay $8,011,652 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other salaries and wages $5,868,269--- 24.2%
Benefits paid to members $4,949,789--- 20.4%
Office expenses $3,773,302--- 15.5%
Other (as described)MISCELLANEOUS $1,777,254--- 7.3%
Other (as described)PROVISION FOR CREDIT LO $1,663,990--- 6.8%
Occupancy $1,185,891--- 4.9%
Pay: officers, directors, trustees, key employees $852,496--- 3.5%
Other (as described)LOAN SERVICING $692,921--- 2.9%
Other employee benefits $656,423--- 2.7%
Advertising and promotion $605,811--- 2.5%
Depreciation and depletion $492,757--- 2.0%
Payroll taxes $474,583--- 2.0%
Fees: other services $348,390--- 1.4%
Interest $209,589--- 0.9%
Pension plan contributions $159,881--- 0.7%
Fees: legal $152,712--- 0.6%
Fees: accounting $146,140--- 0.6%
Other (as described)ASSOCIATION DUES $106,084--- 0.4%
All other expenses $99,166--- 0.4%
Travel $78,164--- 0.3%
Total$24,293,612100%

View the filing