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  4. TVA Community Credit Union
EIN 63-0306291

TVA Community Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
108
City
Muscle Shoals
State
Alabama
Year formed
1936
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Founded in 1936, our credit union held the distinction of being known as Alabama’s oldest federally chartered credit union. To provide services for approximately 18,005 members in the form of loans, savings, and other financial services.
Related structure
TVA Community Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Also known as...
Tva Credit Union
Total revenues
$15,805,515
2023
Total expenses
$9,821,796
2023
Total assets
$406,332,778
2023
Num. employees
108
2023

Program areas at TVA Community Credit Union

The Credit Union provided a variety of loan services for its members.
The Credit Union provided a variety of deposit services for its members.

Personnel at TVA Community Credit Union

NameTitleCompensation
Sammy ClementsChief Executive Officer$219,354
Sherry VaughnChief Financial Officer$91,683
Kimball BurkettPast Chief Executive Officer$192,464
Rhonda CablerPast Chief Financial Officer$107,270
Colandra NelsonSupervisory$0
...and 5 more key personnel

Financials for TVA Community Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$8,651,127
Investment income and dividends$6,553,578
Tax-exempt bond proceeds$0
Royalty revenue$0
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$600,810
Total revenues$15,805,515

Form 990s for TVA Community Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-10990View PDF
2022-122023-04-05990View PDF
2021-122022-03-09990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
...and 12 more Form 990s

Organizations like TVA Community Credit Union

OrganizationLocationRevenue
Family Security Credit UnionDecatur, AL$54,916,130
Alabama State Employees Credit UnionMontgomery, AL$23,220,315
Guardian Credit UnionMontgomery, AL$62,110,372
Listerhill Credit UnionSheffield, AL$65,807,803
Mutual Savings Credit UnionBirmingham, AL$12,277,489
Avadian Credit UnionBirmingham, AL$56,357,889
Heritage South Credit UnionSylacauga, AL$9,575,524
Naheola Credit UnionPennington, AL$9,386,778
Auburn University Credit UnionAuburn, AL$7,896,337
Jefferson Credit UnionHoover, AL$4,360,262
Data update history
May 18, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 12, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsMedia and communications organizationsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1405 S Wilson Dam Rd
Muscle Shoals, AL 35661
Metro area
Florence-Muscle Shoals, AL
County
Colbert County, AL
Website URL
tvaccu.com/ 
Phone
(256) 386-3000
Facebook page
TVA-Community-Credit-Union 
Twitter profile
@shoals_tvaccu 
IRS details
EIN
63-0306291
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
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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