Program areas at Naheola Credit Union
Code of Alabama, sec 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. Naheola Credit Union, an Alabama state chartered Credit Union, provides these services to its members who are primarily residents of choctaw, marengo, Washington, clarke, sumter, hale, perry, greene, mobile, escambia, or baldwin county in the state of Alabama. The Credit Union's field of membership is also open to anyone working, performing business, or attending a church in those counties. At december 31, 2023, the Credit Union had membership and provided services to approximately 11,783 members.
Personnel at Naheola Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Mark Johnson | Chief Executive Officer | $195,000 | 2023-11-15 |
| Charles Morgan Reynolds | Chief Operating Officer | $130,000 | 2023-12-31 |
| Jeffrey Hasty | Chief Financial Officer / Chief Operating Officer | $131,512 | 2022-12-31 |
| Morgan Reynolds | Past Chief Operating Officer | $85,759 | 2017-12-31 |
| Leslie Davis | Vice President | $59,749 | 2017-12-31 |
| ...and 1 more key personnel |
Financials for Naheola Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $11,164,826 | $9,386,778 | 18.9% |
| 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 | $11,164,826 | $9,386,778 | 18.9% |
Organizations like Naheola Credit Union
| Organization | Type | Location | Revenue |
|---|
| Alabama Central Credit Union | 501(c)(14) | Birmingham, AL | $11,226,691 |
| Alabama Teachers Credit Union (ATCU) | 501(c)(14) | Gadsden, AL | $28,308,124 |
| 1st Resource Credit Union | 501(c)(14) | Birmingham, AL | $3,087,715 |
| Fort McClellan Credit Union (FMCU) | 501(c)(14) | Anniston, AL | $10,075,031 |
| Mobile Educators Credit Union | 501(c)(14) | Mobile, AL | $4,091,498 |
| Family Security Credit Union | 501(c)(14) | Decatur, AL | $54,916,130 |
| Alabama State Employees Credit Union | 501(c)(14) | Montgomery, AL | $27,023,139 |
| TVA Community Credit Union | 501(c)(14) | Muscle Shoals, AL | $15,805,515 |
| Mutual Savings Credit Union | 501(c)(14) | Birmingham, AL | $13,969,345 |
| Heritage South Credit Union | 501(c)(14) | Sylacauga, AL | $11,239,124 |
Data update history
February 8, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
January 11, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
- Address
- PO Box 102
- Pennington, AL 36916
- County
- Choctaw County, AL
- Website URL
- naheola.com/
- Phone
- (205) 654-2370
IRS details
- EIN
- 63-0416876
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1959
- 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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