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Filing year 2024

NEW HORIZONS CREDIT UNION

Mobile, Alabama·EIN 63-0767402·14
Total revenue
$14.8M
Total assets
$269.4M
Total expenses
$13.7M
Reported officers
8
Mission

THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. THE CREDIT UNION SERVES MEMBERS IN MOBILE, BALDWIN, AND CLARK COUNTIES IN ALABAMA. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 22,302.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$282k
$299k
Base
$247k
Bonus
Other
Benefits
$10k

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 7 unpaid individuals.

Down 2%
from 2023

From $288k in 2023 to $282k in 2024.

$288k
2023
$282k
2024
In today's dollarsEst.
Down 5% in real terms$314k to $299k

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

NEW HORIZONS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$12.7M
$11.3M
2023
$14.8M
$13.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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