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Filing year 2024

MUTUAL SAVINGS CREDIT UNION

Birmingham, Alabama·EIN 58-6035870·501(c)(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 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

Ceo/board Treasurer
Officer (Unspecified)
$239k
$254k
Base
$184k
Bonus
$55k
Other
Benefits
VP & Controller
Controller
Median to 75th percentile
$138k
$146k
Director and Contract Employee
Board Member
Median to 75th percentile
$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.

Pay for the position

Controller pay rose 14% from 2023 to 2024, while revenue rose 7%.

$121k in 2023 to $138k in 2024.
  • Board Member pay fell 16% 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

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.
FAQ

Common questions about MUTUAL SAVINGS CREDIT UNION

What does the Controller of MUTUAL SAVINGS CREDIT UNION earn?

In 2024, the Controller of MUTUAL SAVINGS CREDIT UNION received $137,530 in total compensation. This pay is above the median (the midpoint) for Controller roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Controller pay at MUTUAL SAVINGS CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Controller at MUTUAL SAVINGS CREDIT UNION falls between the median and the 75th percentile.

What are MUTUAL SAVINGS CREDIT UNION's revenue and expenses?

In 2024, MUTUAL SAVINGS CREDIT UNION reported $3.2M in total revenue and $3M in total expenses on its IRS Form 990.

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