Alabama Credit Union
TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$1.9B
+17.2% YoY
Annual Giving
$21K
Grant Count
2
Avg Grant Size
$11K
About Alabama Credit Union
Based on IRS filings
Alabama Credit Union is a nonprofit organization, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.9B in total assets. In 2023, it awarded 2 grants totaling $21K. Net investment income was $7.4M.
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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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,922,294,287 | $1,640,689,087 | $1,400,922,106 |
| Revenue | $106,263,577 | $76,294,666 | $57,798,045 |
| Expenses | $101,381,357 | $63,024,332 | $47,077,943 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,434,355 | $5,461,425 | $5,164,988 |
| 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 2 recipients in 2023
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Rescue Mission of Middle Georgia ($15,000), Chris Hammond Youth Foundation ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRIS HAMMOND YOUTH FOUNDATION WEDOWEE, AL | CHARITY GOLF TOURNAMENT SPONSORSHIP | $6,000 |
| RESCUE MISSION OF MIDDLE GEORGIA MACON, GA | CHARITY GOLF TOURNAMENT SPONSORSHIP | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBA ESSARY | DIRECTOR | 1 | — |
| CASEY TAYLOR | SECRETARY/TREASURER | 1 | — |
| CHARLOTTE HARRIS | DIRECTOR | 1 | — |
| LYNNE APRIL | BOARD VICE CHAIRPERSON | 1 | — |
| MARK NELSON | DIRECTOR | 1 | — |
| MARCUS JONES | DIRECTOR | 1 | — |
| THOMAS WEST | DIRECTOR | 1 | — |
| ROBERT RILEY | DIRECTOR | 1 | — |
| RON DULEK | BOARD CHAIRPERSON | 1 | — |
| LISA EVANS | DIRECTOR | 1 | — |
| TONY JOHNSON | DIRECTOR | 1 | — |
| MICHAEL GOODMAN | CIO | 45 | $333,467 |
| JUNE LANDRUM | INTERIM CEO/ PRESIDENT | 45 | $323,346 |
| JIM PENNINGTON | VP, COLLECTIONS | 45 | $225,438 |
| STEPHEN K SWOFFORD | CEO | 60 | $589,817 |
| ELEANOR BROWN | CFO | 45 | $303,289 |
| MICHAEL R SHULTS | VP OF INFORMATION SYSTEMS | 45 | $280,905 |
| BENSON P BOLLING | CHIEF LENDING OFFICER | 55 | $317,407 |
| BRANDI MCKINNEY | VP-HUMAN RESOURCES & COMPLIANCE | 55 | $205,002 |
| TOMMY COBB | CHIEF DEVELOPMENT OFFICER | 45 | $474,748 |
| KELLEY PORTER | VP MEMBER EXPERIENCE | 45 | $193,549 |
| JOSEPH HARDY | MANAGER OF OUTSIDE SALES | 45 | $210,569 |
| ELIZABETH COLE | AVP, AREA BRANCH OPERATIONS | 45 | $226,453 |
| JENNIFER BROWNING | ACUIS PROGRAM MANAGER | 45 | $185,449 |
| AJAYKUMAR GUPTA | AVP OF NETWORK ADMINISTRATION | 45 | $166,445 |
| JOHN EDINGTON | COMMERCIAL LENDING MANAGER | 45 | $145,440 |
Frequently Asked Questions
How large is Alabama Credit Union?
As of 2023, Alabama Credit Union holds $1.9B in total assets with $106.3M in annual revenue. It awarded 2 grants totaling $21K in 2023.
Where does Alabama Credit Union operate?
Alabama Credit Union has awarded grants in Alabama, Georgia.
What size grants does Alabama Credit Union award?
In 2023, Alabama Credit Union awarded 2 grants totaling $21K — an average of about $11K per grant, based on its IRS Form 990 filings.
What is Alabama Credit Union's EIN?
Alabama Credit Union's EIN (Employer Identification Number) is 63-0440014. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Alabama Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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