NonprofitsAlabama Central Credit Union

Alabama Central Credit Union

BIRMINGHAM, AL

Total revenue

$12.5M

Total expenses

$10.8M

Net assets

$15.2M

Grants received

EIN

630002236

Tax year

2024

Mission

To provide thrift opportunities and low cost loans to members.

Programs

1 program

To meet the financial needs of our members, the credit union provides a source of credit by offering a variety of consumer and mortgage lending products at reasonable rates of interest.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$8.7M
Investment income$1.0M
Other revenue$2.8M
Total revenue$12.5M

Expenses

Grants paid
Salaries & benefits$4.3M
Fundraising
Other expenses$6.5M
Total expenses$10.8M
Total assets$200.7M
Net assets$15.2M

People

10 listed

NameRoleCompensation

BRAD HADDOCK

PRESIDENT/CEO

Board

$222K

40 hrs/wk

JESSICA BAKER

CFO

Board

$141K

40 hrs/wk

STAN WHITEHURST

DIRECTOR

Board

2 hrs/wk

RICK HARDY

VICE-CHAIRMAN

Board

2 hrs/wk

JERRY FREEMAN

SECRETARY

Board

2 hrs/wk

LANE VINES

DIRECTOR

Board

2 hrs/wk

MIKE NORMAN

DIRECTOR

Board

2 hrs/wk

JEFF BOWLING

TREASURER

Board

2 hrs/wk

KAITLYN BROWN

CHAIRWOMAN

Board

2 hrs/wk

WILLIAM PARKER

DIRECTOR OF LENDING

Staff

$140K

40 hrs/wk

Independent contractors

TELLERIX LLC

OUTSOURCING OF IT

$756K

FLORIDA CONCEPTS INC

BUILDING PROJECT MANAGEMENT

$453K

FISERV INC

CORE PROCESSOR & MOBILE BANKING

$218K

Q2 SOFTWARE INC

ONLINE BANKING PROVIDER

$196K

DIAMOND MARKETING SOLUTIONS

MEMBER'S STATEMENTS & NOTICES

$116K

Details

EIN630002236
Subsection14
Ruling date1971-06
Formed1938
Employees68
Volunteers10
ALABAMA CENTRAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo