EIN 63-0306291

TVA Community Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
101
State
Year formed
1936
Most recent tax filings
2022-12-01
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
$12,113,228
2022
Total expenses
$8,841,934
2022
Total assets
$393,706,380
2022
Num. employees
101
2022

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$160,399
Sherry VaughnChief Financial Officer$77,424
Kimball BurkettPast Chief Executive Officer$192,464
Rhonda CablerPast Chief Financial Officer$107,270
John SoileauSupervisory$0
...and 5 more key personnel

Financials for TVA Community Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$7,069,079
Investment income and dividends$4,529,807
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$514,342
Total revenues$12,113,228

Form 990s for TVA Community Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-05990View PDF
2021-122022-03-09990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
2018-122019-08-16990View PDF
...and 11 more Form 990s

Organizations like TVA Community Credit Union

OrganizationLocationRevenue
Riverdale Credit UnionSelma, AL$6,293,291
Alabama State Employees Credit UnionMontgomery, AL$23,220,315
Family Security Credit UnionDecatur, AL$43,290,857
Alabama One Credit UnionTuscaloosa, AL$50,038,173
Winsouth Credit UnionGadsden, AL$20,131,767
Jefferson Credit UnionHoover, AL$4,362,568
North Alabama Educators Credit Union (NAECU)Huntsville, AL$4,003,316
Auburn University Credit UnionAuburn, AL$7,896,337
Five Star Credit UnionDothan, AL$44,908,248
Tuscaloosa Credit UnionTuscaloosa, AL$4,141,284
Data update history
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
May 25, 2022
Posted financials
Added Form 990 for fiscal year 2020
May 25, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsMedia and communications organizationsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
1405 South 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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