NonprofitsAlabama State Employees Credit Union

Alabama State Employees Credit Union

MONTGOMERY, AL

Total revenue

$28.8M

Total expenses

$27.1M

Net assets

$42.2M

Grants received

EIN

630348156

Tax year

2024

Mission

Providing financial services to our membership.

Programs

2 programs

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 competitive rates of interest.

The credit union offers financial services to the benefit of our members which include: internet banking, online billpay and service center locations.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$18.5M
Investment income$2.8M
Other revenue$7.5M
Total revenue$28.8M

Expenses

Grants paid
Salaries & benefits$9.7M
Fundraising
Other expenses$17.4M
Total expenses$27.1M
Total assets$409.2M
Net assets$42.2M

People

16 listed

NameRoleCompensation

JASON DEAN

CEO/CFO

Board

$227K

40 hrs/wk

SHANNON WATKINS

INTERIM CEO

Board

$149K

40 hrs/wk

ALESIA DOOLEY

CFO

Board

$133K

40 hrs/wk

PERRY TAYLOR

DIRECTOR

Board

$5K

2 hrs/wk

BOBBY BRYAN

DIRECTOR

Board

$1K

2 hrs/wk

SCOTT GRIER

DIRECTOR

Board

$1K

2 hrs/wk

TIM HATCH

DIRECTOR

Board

$796

2 hrs/wk

LORRAINE DERAMUS

DIRECTOR

Board

$650

2 hrs/wk

CLAUDIA SMITH

DIRECTOR

Board

2 hrs/wk

JOHN PHILIP GRAY

BOARD VICE-PRESIDENT

Board

2 hrs/wk

MELINDA CLACK

BOARD SECRETARY

Board

2 hrs/wk

SHARON MILLS

BOARD TREASURER

Board

2 hrs/wk

JOHN TYLER GRAY

DIRECTOR

Board

2 hrs/wk

CAROL J PRESTON

BOARD PRESIDENT

Board

2 hrs/wk

CHARLIE LASSITER

DIRECTOR

Board

2 hrs/wk

JOHN DAVID LAMBERT

CIO

Staff

$164K

40 hrs/wk

Details

EIN630348156
Subsection14
Ruling date1971-06
Formed1954
Employees144
Volunteers12
ALABAMA STATE EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo