Cherokee Strip Credit Union in Ponca City, Oklahoma (OK)

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Cherokee Strip Credit Union
Employer Identification Number (EIN)736093329
Name of OrganizationCherokee Strip Credit Union
Address1508 E Prospect Ave, Ponca City, OK 74604-1909
ActivitiesLoans or credit reporting
SubsectionCredit Union
Ruling Date03/1935
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$50,000,000 to greater
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$86,995,352
Amount of Income$2,137,511
Form 990 Revenue Amount$2,137,511


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$2,137,511
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,585,718
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$546,895
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$4,898
Statement of Functional Expenses (for 2011)
Total functional expenses$2,605,798
Compensation of current officers, directors, trustees, and key employees$197,575
Other salaries and wages$550,106
Payroll taxes$61,514
Professional fundraising services$0
Other$1,796,603
Balance Sheet (for 2011)
Total assets$86,995,352
Total liabilities$78,785,556
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$78,785,556
Total net assets or fund balances$8,209,796
Retained earnings, endowment, accumulated income, or other funds$8,158,336
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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1Cherokee Arts & Humanities Council IncPO BOX 594, Park Hill, OK 74451-0594OK2008-12$44,561
2Cherokee Children Inc89109 S 4629 Rd, Bunch, OK 74931-5218OK1967-10$65,420
3Cherokee County Civic Cultural Center, Thompson HousePo Box 232, Tahlequah, OK 74465OK1986-09$0
4Cherokee County Educational Facilities Foundation Inc601 N Grand Ave, Tahlequah, OK 74464-2302OK2004-09$1,303,410
5Cherokee County-Cherokee Nation Ct Appointed Special Advocates Inc, Cc-Cn CasaPO BOX 1788, Tahlequah, OK 74465-1788OK1996-08$121,820
6Cherokee Hills R C & D Project IncPO BOX 717, Tahlequah, OK 74465-0717OK1989-11$16,501
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8Cherokee National Historical Society IncPO BOX 515, Tahlequah, OK 74465-0515OK1964-07$1,687,517
9Cherokee Strip Booster Club Inc614 N Imo Rd, Enid, OK 73703OK1989-12$0
10Cherokee Strip Centennial Corporation712 Delaware St Apt 22, Perry, OK 73077-6402OK1992-12$888
11Cherokee Strip Credit Union1508 E Prospect Ave, Ponca City, OK 74604-1909OK1935-03$2,137,511
12Cherokee Strip Historical Society, Noble County Chapter2617 W Fir St, Perry, OK 73077-7903OK1990-11$59,800
13Cherokee Strip Museum Association901 14th Street, Alva, OK 73717-2500OK2012-03$62,765
14Cherokee Strip Regional Heritage Center Inc507 S 4th St, Enid, OK 73701-5835OK2006-05$307,849
15Chesapeake Swim ClubPO BOX 20338, Oklahoma City, OK 73156-0338OK1971-01$713,229
16Chester Historical Society Of OklahomaPo Box 37, Chester, OK 73838OK2008-04$0
17Cheyenne Cultural Center Inc22724 Route 66 N, Clinton, OK 73601-7526OK1978-01$6,116
18Cheyenne Middle School Parent Teacher Organization, Cheyenne Middle School Pto1271 W Covell Rd, Edmond, OK 73003-3556OK2001-05$59,551
19Chi Omega Fraternity, Epsilon Alpha Charter820 Chautauqua Ave, Norman, OK 73069-4609OK1959-04$248,155
20Chi Omega Fraternity, Tau Beta Chapter310 S Monroe St, Stillwater, OK 74074-3397OK1959-04$161,382

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