EIN 63-6045677

1st Resource Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
8
State
Year formed
1940
Most recent tax filings
2022-12-01
Description
State of Alabama Chartered Credit Union that is an independent full service financial institution that provides credit union services to individuals and businesses in Jefferson and Montgomery counties in the State of Alabama. The Credit Union is a member owned financial institution controlled by its Board of Directors duly elected by its Field of Membership.
Related structure
1st Resource Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Also known as...
Credit Unions in the State of Alabama
Total revenues
$3,087,715
2022
Total expenses
$2,653,656
2022
Total assets
$43,861,204
2022
Num. employees
8
2022

Program areas at 1st Resource Credit Union

The organization did not complete one.
State of Alabama Chartered Credit Union that serves all people that live, work, worship, or attend school in Jefferson County, Alabama.

Personnel at 1st Resource Credit Union

NameTitleCompensation
Rick MillerManager$127,930
Drake StephensController$48,352
Beverly CoxSecretary$0
Lindsey JenkinsOperations / Accountant$56,347

Financials for 1st Resource Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$183,044
Tax-exempt bond proceeds$0
Royalty revenue$2,110,789
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$793,882
Total revenues$3,087,715

Form 990s for 1st Resource Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-02-15990View PDF
2021-122022-03-28990View PDF
2020-122021-06-30990View PDF
2019-122020-09-10990View PDF
2018-122019-12-26990View PDF
...and 9 more Form 990s
Data update history
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 15, 2023
Updated personnel
Identified 3 new personnel
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 29, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
47 West Oxmoor Rd
Birmingham, AL 35209
Metro area
Birmingham-Hoover, AL
County
Jefferson County, AL
Website URL
my1resourcecu.com/ 
Phone
(205) 944-1192
IRS details
EIN
63-6045677
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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