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EIN 63-0476332

Red Oak Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
14
City
Tuscaloosa
State
Alabama
Year formed
1955
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Red Oak Credit Union provides financial services for its members and approximately 4,725 individuals are able to access loans, savings, and other financial services. The credit union offers a variety of deposit and loan programs to its members.
Related structure
Red Oak Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Also known as...
Credit Unions in the State of Al DCH Credit Union
Total revenues
$2,234,656
2022
Total expenses
$2,156,522
2022
Total assets
$40,895,274
2022
Num. employees
14
2022

Program areas at Red Oak 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 Red Oak Credit Union

NameTitleCompensation
Shep LoweryPresident and Chief Executive Officer$116,750
Chad DavisPast Chief Executive Officer
Angelic PritchettPast Chief Executive Officer and Manager$99,726

Financials for Red Oak Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,358,733
Investment income and dividends$311,743
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$564,180
Total revenues$2,234,656

Form 990s for Red Oak Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-12990View PDF
2021-122022-03-31990View PDF
2020-122021-11-15990View PDF
2019-122022-03-18990OView PDF
2018-122020-06-09990View PDF
...and 9 more Form 990s
Data update history
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 30, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
1008 Veterans Memorial Pkwy
Tuscaloosa, AL 35404
Metro area
Tuscaloosa, AL
County
Tuscaloosa County, AL
Website URL
dchcu.com/ 
Phone
(205) 759-1371
IRS details
EIN
63-0476332
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1955
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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