Program areas at Jefferson Credit Union
Alabama banking code, section 5-17-1, states that a Credit Union is a cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a source of Credit for them at legitimate rates of interest. Jefferson Credit Union, an Alabama state chartered Credit Union, provides these services to its members who are primarily employees, and their relatives, of Jefferson county, Alabama municipality. Additionally, donations of $25.00 made to the Alabama youth sheriff's ranch allows an individual who lives outside of the birmingham metropolitan area but within the state of Alabama the opportunity to qualify for membership in Jefferson Credit Union. As of december 31, 2023, the Credit Union provided services to approximately 6,986 members.
Personnel at Jefferson Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Richard Morris | President and Chief Executive Officer | $131,479 | 2024-05-29 |
| Lisa Cooper | Chief Operating Officer | $82,578 | 2023-12-31 |
| Patti Burt | Chief Financial Officer | $24,124 | 2023-12-31 |
| Charles R Faulkner | Past President and Chief Executive Officer | $174,068 | 2021-12-31 |
| Danny Goolsby | Clo | $82,165 | 2023-12-31 |
| ...and 3 more key personnel |
Financials for Jefferson Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $4,360,262 | $4,362,568 | -0.1% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $4,360,262 | $4,362,568 | -0.1% |
Organizations like Jefferson Credit Union
| Organization | Type | Location | Revenue |
|---|
| Tuscaloosa Credit Union | 501(c)(14) | Tuscaloosa, AL | $4,141,284 |
| Credit Unions in the State of Alabama Azalea City Credit Union | 501(c)(14) | Mobile, AL | $2,228,511 |
| Fort McClellan Credit Union (FMCU) | 501(c)(14) | Anniston, AL | $8,315,286 |
| Alabama Central Credit Union | 501(c)(14) | Birmingham, AL | $10,136,034 |
| 1st Resource Credit Union | 501(c)(14) | Birmingham, AL | $3,087,715 |
| Mobile Educators Credit Union | 501(c)(14) | Mobile, AL | $4,091,498 |
| TVA Community Credit Union | 501(c)(14) | Muscle Shoals, AL | $15,805,515 |
| Secure First Credit Union | 501(c)(14) | Birmingham, AL | $2,026,221 |
| Heritage South Credit Union | 501(c)(14) | Sylacauga, AL | $9,575,524 |
| Mutual Savings Credit Union | 501(c)(14) | Birmingham, AL | $12,277,489 |
Data update history
August 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
- Address
- 5261 Ross Bridge Pkwy
- Hoover, AL 35226
- Metro area
- Birmingham-Hoover, AL
- County
- Jefferson County, AL
- Website URL
- jeffersoncreditunion.org/
- Phone
- (205) 444-4528
IRS details
- EIN
- 63-0390327
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1941
- 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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