EIN 63-0390327

Jefferson Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
30
City
State
Year formed
1941
Most recent tax filings
2022-12-01
Description
Jefferson Credit Union operates as a cooperative credit union according to Alabama banking code section 5-17-1, where it is defined as 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.
Related structure
Jefferson Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Also known as...
Credit Unions in the State of Alabama
Total revenues
$4,362,568
2022
Total expenses
$3,837,714
2022
Total assets
$78,709,342
2022
Num. employees
30
2022

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. As of december 31, 2022, the Credit Union provided services to approximately 7,137 members.

Personnel at Jefferson Credit Union

NameTitleCompensation
Richard MorrisPresident and Chief Executive Officer$132,045
Patti BurtVice President of Finance and Chief Financial Officer / Vice President Finance and Chief Financial Officer$101,098
Charles R FaulknerPast President and Chief Executive Officer$174,068
Lisa CooperOperations Officer$52,985
Dabney WilsonVice President of Operations$55,275
...and 1 more key personnel

Financials for Jefferson Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$4,362,568
Investment income and dividends$0
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$0
Total revenues$4,362,568

Form 990s for Jefferson Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-05-16990View PDF
2020-122021-11-09990View PDF
2019-122021-06-07990View PDF
2018-122019-12-06990View PDF
...and 8 more Form 990s

Organizations like Jefferson Credit Union

OrganizationLocationRevenue
Riverdale Credit UnionSelma, AL$6,293,291
Wcu Credit UnionDecatur, AL$1,433,001
Winsouth Credit UnionGadsden, AL$20,131,767
North Alabama Educators Credit Union (NAECU)Huntsville, AL$4,003,316
Champion Community Credit UnionCourtland, AL$2,099,292
Alabama Rural Electric Credit UnionMontgomery, AL$1,845,551
Social Security Credit UnionBirmingham, AL$1,379,487
Auburn University Credit UnionAuburn, AL$7,896,337
Tuscaloosa Credit UnionTuscaloosa, AL$4,141,284
1st Resource Credit UnionBirmingham, AL$3,087,715
Data update history
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
May 13, 2023
Updated personnel
Identified 1 new personnel
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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