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North Carolina · Nonprofit

LATINO COMMUNITY CREDIT UNION

LATINO COMMUNITY CREDIT UNION (North Carolina) receives grants from 4 organizations whose IRS filings report $522,797 to it, the largest being INCLUSIV INC ($300,000). 1 of them have funded it in more than one year.

Revenue FY2024
$83M
Funders on record
4
Grants received
$523k
Net assets
$141M
1/4 repeat funderspeak grant-dependency 0%
01What it does

What Latino Community Credit Union does

Mission

Latino Community Credit Union's (lccu) mission is to provide ethical financial products and education to empower communities.

As stated on its FY2024 Form 990.

Programs

  1. Credit union programs: provide mortgages and consumer loans to members at affordable rates. There were 7,548 loans granted during 2024 to the credit union's members. Of the 430 home loans made to members, 264 were to first-time homebuyers.

  2. Offer competitive rates on share deposits and services. Lccu paid out $21,768,667 in dividends for its 226,594 member accounts in 2024.

  3. Provide financial education to over 144,214 members and to the broader community. Offer free financial education workshops to the community, develop and distribute curriculum and educational videos to interested parties. In 2024, lccu provided 49 scholarships for higher education to members for a total of $155,500.

The 3 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($20M) Expenses 100 ($15M) Net assets 100 ($32M)2018 Revenue 128 ($25M) Expenses 123 ($18M) Net assets 121 ($39M)2019 Revenue 156 ($30M) Expenses 156 ($23M) Net assets 144 ($46M)2020 Revenue 237 ($46M) Expenses 185 ($27M) Net assets 203 ($65M)2021 Revenue 246 ($48M) Expenses 194 ($28M) Net assets 263 ($85M)2022 Revenue 297 ($58M) Expenses 231 ($34M) Net assets 337 ($109M)2023 Revenue 376 ($73M) Expenses 357 ($53M) Net assets 401 ($129M)2024 Revenue 423 ($83M) Expenses 480 ($71M) Net assets 438 ($141M)
'17'18'19'20'21'22'23'24
Revenue (423)Expenses (480)Net assets (438)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $721M to $910M (+26%).

$277M
$340M
$491M
$595M
$721M
$910M
$1.0B
$1.1B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 4% · 2019 0% · 2020 2% · 2021 4% · 2022 1% · 2023 6%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$4.8M
’17
$6.9M
’18
$7.3M
’19
$19M
’20
$19M
’21
$24M
’22
$21M
’23
$12M
’24
20
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Maria Victoria Garcia

CEO

Board chair

Maria Scanga

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1112121412141920
Joined·+1+0+2+1+2+8+5
No longer listed·0003034
03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income rose $9k → $200k.

Funder
'19
'20
'21
'24*
'25*
total
$300k
funders
1
1
1
1
1

Left out of every figure on this page: $15M from one payer (the payer shares this organization's board, largest Latino Community Development Center). These are real filings, and they are not money LATINO COMMUNITY CREDIT UNION raised.

From the IRS filings of LATINO COMMUNITY CREDIT UNION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LATINO COMMUNITY CREDIT UNION leans on a few funders — its largest provides 57% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LATINO COMMUNITY CREDIT UNION.

57%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

LATINO COMMUNITY CREDIT UNION draws 97% of its grant income from funders outside North Carolina, across 4 states in all.

WI
NY
NC
DC

In-state vs out-of-state, by year

’19
’20
’21
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding LATINO COMMUNITY CREDIT UNION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.4M on record.

Federal$9.4M
grants $9.4Mcontracts $0
17
19
21
23
24
Top agencies
  • Department of the Treasury$9.4M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LATINO COMMUNITY CREDIT UNION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Latino Community Development Center · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LATINO COMMUNITY CREDIT UNION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LATINO COMMUNITY CREDIT UNION?
LATINO COMMUNITY CREDIT UNION (North Carolina) receives grants from 4 organizations whose IRS filings report $522,797 to it, the largest being INCLUSIV INC ($300,000). 1 of them have funded it in more than one year.
How many funders does LATINO COMMUNITY CREDIT UNION have?
IRS filings report 4 organizations giving $522,797 in grants to LATINO COMMUNITY CREDIT UNION, 1 of which have funded it in more than one year.
Who is the largest funder of LATINO COMMUNITY CREDIT UNION?
INCLUSIV INC is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like LATINO COMMUNITY CREDIT UNION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Latino Community Credit Union →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing