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Filing year 2024

MUTUAL SAVINGS CREDIT UNION

Birmingham, Alabama·EIN 58-6035870·14
Total revenue
$3.2M
Total assets
$0
Total expenses
$3M
Reported officers
13
Mission

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.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Ceo/board Treasurer
officer (unspecified)
$239k
$254k
Base
$184k
Bonus
$55k
Other
Benefits
VP & Controller
vice president
$138k
$146k
Director and Contract Employee
board member
$22k
$23k

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 10 unpaid individuals.

Held steady
from 2023

From $242k in 2023 to $239k in 2024.

$242k
2023
$239k
2024
In today's dollarsEst.
Down 4% in real terms$264k to $254k

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.

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

Revenue and expenses over time

MUTUAL SAVINGS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3M
$2.8M
2023
$3.2M
$3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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