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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Open Grants
1 open opportunity from Rave Financial Credit Union
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Cancer Society ($17,776), Chambers County Childrens Museum ($7,000), United Way of Beaumont ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY ATLANTA, GA | SPONSORSHIP | $17,776 |
| GREATER BEAUMONT CHAMBER OF COMMERCE BEAUMONT, TX | SPONSORSHIP | $5,750 |
| UNITED WAY OF BEAUMONT BEAUMONT, TX | SPONSORSHIP | $6,000 |
| BEAUMONT CHILDRENS MUSEUM BEAUMONT, TX | SPONSORSHIP | $5,000 |
| CHAMBERS COUNTY CHILDRENS MUSEUM MONT BELVIEU, TX | SPONSORSHIP | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY WALDROP | CHAIRMAN | 1 | — |
| PAUL WHEELINGTON | 1ST VICE CHAIRMAN | 1 | — |
| RAUL LITO MORALES | SECRETARY/TREASURER | 1 | — |
| RICHARD D NEWTON | AUDIT COMMITTEE CHAIR | 1 | — |
| TONY LUCENTI | 2ND VICE CHAIRMAN | 1 | — |
| Brandon Rascoe | DIRECTOR - PART YEAR | 1 | — |
| BRANDON ROSE | DIRECTOR | 1 | — |
| BRIAN ALLEN | DIRECTOR | 1 | — |
| CODY BURRELL | DIRECTOR | 1 | — |
| FLOYD PRICE | DIRECTOR | 1 | — |
| RAYMOND NALLIE | DIRECTOR | 1 | — |
| CODY BUCHHOLZ | CHIEF MARKETING OFFICER | 40 | $255,711 |
| JOHN DOUCET | PRESIDENT/CEO | 40 | $431,443 |
| JONATHAN E HASKETT JR | CHIEF FINANCIAL OFFICER | 40 | $265,393 |
| KEISHA SMITH | CHIEF EXPERIENCE OFFICER | 40 | $268,018 |
| LADEDRA JONES | CHIEF TECHNOLOGY OFFICER | 40 | $266,746 |
| PHILLIP BRENT | CHIEF LEGAL COUNSEL | 40 | $268,737 |
| ALLISON DEYOUNG | VP OF HUMAN RESOURCES | 40 | $172,829 |
| AMANDA LEBLANC | VP OF EXPERIENCE CENTERS | 40 | $157,684 |
| DUSTIN WILLIAMS | VP OF FINANCE & ANALYTICS | 40 | $172,651 |
| LANA FLOYD | VP OF CONSUMER LENDING | 40 | $145,988 |
| PIERCE HARRINGTON | AVP SR. COMMERCIAL LENDER | 40 | $179,906 |
| BROOKE COLLINS | VP OF VIRUTAL SERVICES | 40 | $140,259 |
| CARI RIZZATO | AVP OF SUPPORT SERVICES | 40 | $115,122 |
| JEFF KELLUM | SR. SYSTEMS & NETWORK MANAGER | 40 | $118,531 |
| JENNIFER WILLETT | COMMERCIAL LENDING & SERVICES MANAGER | 40 | $114,984 |
| LATISHA ADKINS | VP OF PROJECTS AND INNOVATION | 40 | $137,824 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rave Financial Credit Union?
Rave Financial Credit Union is a nonprofit organization focused on Public, Societal Benefit, based in BEAUMONT, TX. It holds $1.1B in total assets as of 2024.
How large is Rave Financial Credit Union?
As of 2024, Rave Financial Credit Union holds $1.1B in total assets with $68.8M in annual revenue. It awarded 5 grants totaling $42K in 2024.
Where does Rave Financial Credit Union operate?
Rave Financial Credit Union has awarded grants in Georgia, Texas.
What size grants does Rave Financial Credit Union award?
In 2024, Rave Financial Credit Union awarded 5 grants totaling $42K — an average of about $8K per grant, based on its IRS Form 990 filings.
What is Rave Financial Credit Union's EIN?
Rave Financial Credit Union's EIN (Employer Identification Number) is 74-1115584. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Rave Financial Credit Union's focus areas in our free grants database
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More Funders in Texas
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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