Rave Financial Credit Union logo

Rave Financial Credit Union

BEAUMONT, TX EIN: 74-1115584 Website

To enrich people's lives one experience at a time.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1B

-2.4% YoY

Annual Giving

$42K

-5.5% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$8K

-24.4% YoY

About Rave Financial Credit Union

Based on IRS filings

Rave Financial Credit Union is a nonprofit organization focused on Public, Societal Benefit, based in BEAUMONT, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.1B in total assets. In 2024, it awarded 5 grants totaling $42K. Net investment income was $5.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

AtlantaBeaumontHoustonMont Belvieu

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$19M$38M$57M$76M202220232024
Metric202420232022
Total Assets$1,080,320,770$1,107,097,765$1,069,968,872
Revenue$68,821,965$62,195,658$14,392,822
Expenses$64,381,342$52,561,566$11,759,386
Qualifying Distributions
Net Investment Income$5,680,727$5,830,357$1,544,331
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$22K$33K$44K0 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

AMERICAN CANCER SOCIETY$18KCHAMBERS COUNTY CHILDREN…$7KUNITED WAY OF BEAUMONT$6KGREATER BEAUMONT CHAMBER…$6KBEAUMONT CHILDRENS MUSEUM$5K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Rave Financial Credit Union

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JOHN DOUCETPRESIDENT/CEO$431KPHILLIP BRENTCHIEF LEGAL COUNSEL$269KKEISHA SMITHCHIEF EXPERIENCE OFFICER$268KLADEDRA JONESCHIEF TECHNOLOGY OFFICER$267KJONATHAN E HASKETT JRCHIEF FINANCIAL OFFICER$265KCODY BUCHHOLZCHIEF MARKETING OFFICER$256KPIERCE HARRINGTONAVP SR. COMMERCIAL LENDER$180KALLISON DEYOUNGVP OF HUMAN RESOURCES$173KDUSTIN WILLIAMSVP OF FINANCE & ANALYTICS$173KAMANDA LEBLANCVP OF EXPERIENCE CENTERS$158KLANA FLOYDVP OF CONSUMER LENDING$146KBROOKE COLLINSVP OF VIRUTAL SERVICES$140KLATISHA ADKINSVP OF PROJECTS AND INNOVATION$138KJEFF KELLUMSR. SYSTEMS & NETWORK MANAGER$119KCARI RIZZATOAVP OF SUPPORT SERVICES$115KJENNIFER WILLETTCOMMERCIAL LENDING & SERVICE…$115K

From 2024 filing

NameTitleHoursCompensation
GARY WALDROPCHAIRMAN1
PAUL WHEELINGTON1ST VICE CHAIRMAN1
RAUL LITO MORALESSECRETARY/TREASURER1
RICHARD D NEWTONAUDIT COMMITTEE CHAIR1
TONY LUCENTI2ND VICE CHAIRMAN1
Brandon RascoeDIRECTOR - PART YEAR1
BRANDON ROSEDIRECTOR1
BRIAN ALLENDIRECTOR1
CODY BURRELLDIRECTOR1
FLOYD PRICEDIRECTOR1
RAYMOND NALLIEDIRECTOR1
CODY BUCHHOLZCHIEF MARKETING OFFICER40$255,711
JOHN DOUCETPRESIDENT/CEO40$431,443
JONATHAN E HASKETT JRCHIEF FINANCIAL OFFICER40$265,393
KEISHA SMITHCHIEF EXPERIENCE OFFICER40$268,018
LADEDRA JONESCHIEF TECHNOLOGY OFFICER40$266,746
PHILLIP BRENTCHIEF LEGAL COUNSEL40$268,737
ALLISON DEYOUNGVP OF HUMAN RESOURCES40$172,829
AMANDA LEBLANCVP OF EXPERIENCE CENTERS40$157,684
DUSTIN WILLIAMSVP OF FINANCE & ANALYTICS40$172,651
LANA FLOYDVP OF CONSUMER LENDING40$145,988
PIERCE HARRINGTONAVP SR. COMMERCIAL LENDER40$179,906
BROOKE COLLINSVP OF VIRUTAL SERVICES40$140,259
CARI RIZZATOAVP OF SUPPORT SERVICES40$115,122
JEFF KELLUMSR. SYSTEMS & NETWORK MANAGER40$118,531
JENNIFER WILLETTCOMMERCIAL LENDING & SERVICES MANAGER40$114,984
LATISHA ADKINSVP OF PROJECTS AND INNOVATION40$137,824

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Rave Financial Credit Union on Grantable?

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