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Filing year 2024

CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION

Rainbow City, Alabama·EIN 63-0355713·501(c)(14)
Total revenue
$83.4M
Total assets
$1B
Total expenses
$76M
Reported officers
18
Mission

TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Commercial Lender
Highest Compensated Employee
Above 90th percentile
$759k
$805k
Base
$241k
Bonus
$484k
Other
Benefits
$9k
President/ceo
Above 90th percentile
$625k
$663k
Base
$492k
Bonus
$75k
Other
Benefits
$33k
Executive Vice President
75th to 90th percentile
$408k
$433k
Base
$304k
Bonus
$38k
Other
Benefits
$42k
Mortgage Services Director
Highest Compensated Employee
Above 90th percentile
$377k
$400k
Base
$41k
Bonus
$282k
Other
Benefits
$30k
Chief Financial Officer
Above 90th percentile
$364k
$386k
Base
$266k
Bonus
$38k
Other
Benefits
$39k
Chief Lending Officer
Officer (Unspecified)
$338k
$359k
Base
$246k
Bonus
$38k
Other
Benefits
$34k
Director of Business Servi
Highest Compensated Employee
75th to 90th percentile
$247k
$262k
Base
$140k
Bonus
$21k
Other
Benefits
$74k
Commercial Loan Assistant
Highest Compensated Employee
Median to 75th percentile
$228k
$242k
Base
$54k
Bonus
$129k
Other
Benefits
$32k
Cheif Information Officer
Officer (Unspecified)
$227k
$241k
Base
$159k
Bonus
$10k
Other
Benefits
$45k
Chief Marketing Officer
Officer (Unspecified)
$211k
$224k
Base
$158k
Bonus
$10k
Other
Benefits
$31k
Commerical Loan Underwriter
Highest Compensated Employee
25th percentile to median
$156k
$165k
Base
$123k
Bonus
$1k
Other
Benefits
$22k
Secretary
Board Secretary
10th to 25th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Down 4%
from 2023

From $792k in 2023 to $759k in 2024.

$792k
2023
$759k
2024
In today's dollarsEst.
Down 7% in real terms$865k to $805k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 4% from 2023 to 2024, while revenue rose 22%.

$792k in 2023 to $759k in 2024.
  • Chief Executive Officer pay rose 8% from 2023 to 2024.
  • Executive Vice President pay rose 10% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$68.1M
$58M
2023
$83.4M
$76M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION

What does the Highest Compensated Employee of CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION earn?

In 2024, the Highest Compensated Employee of CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION received $759,017 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION falls in the top 10%.

What are CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION's revenue and expenses?

In 2024, CREDIT UNIONS IN THE STATE OF ALABAMA FAMILY SAVINGS CREDIT UNION reported $83.4M in total revenue and $76M in total expenses on its IRS Form 990.

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