Form 990 for tax year 2024
Filed by Assemblies of God Credit Union.
Totals
- Total revenue
- $25,066,326
- Total expenses
- $22,936,988
- Contributions and grants received
- $0
- Grants paid
- $325,404
- Program service revenue
- $22,401,968
- Investment income
- $2,664,358
- Other revenue
- $0
- Total assets, end of year
- $441,634,272
- Total liabilities, end of year
- $409,159,901
- Net assets or fund balances, end of year
- $32,474,371
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $0
Listed in Part VII
-
ANGELA MYERS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
BILL PERKIN
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
JACOB MCLAUCHIN
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
RICK WAGGONER
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
LANCE CLOUSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL COOPER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
BRUCE WEBB
PRESIDENT
- Total calculated
- $361,240
- From this org
- $324,884
- From related orgs
- $0
- Other
- $36,356
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $240,554
- Bonus
- $83,538
- Other
- $792
- Deferred
- $15,461
- Nontaxable benefits
- $20,895
- Filer's total
- $361,240
-
JACQUELYN LAWHON
DIRECTOR OF FINANCE & OPERATIONS END 11/24
- Total calculated
- $153,249
- From this org
- $132,087
- From related orgs
- $0
- Other
- $21,162
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,471
- Bonus
- $1,500
- Other
- $116
- Deferred
- $7,335
- Nontaxable benefits
- $13,827
- Filer's total
- $153,249
-
JEFF BIRDSELL
VP SENIOR COMMERCIAL LENDER
- Total calculated
- $194,091
- From this org
- $158,170
- From related orgs
- $0
- Other
- $35,921
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,540
- Bonus
- $28,354
- Other
- $276
- Deferred
- $9,519
- Nontaxable benefits
- $26,402
- Filer's total
- $194,091
-
PETER SHINER
SVP / CHIEF RISK OFFICER
- Total calculated
- $206,900
- From this org
- $194,166
- From related orgs
- $0
- Other
- $12,734
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,545
- Bonus
- $41,513
- Other
- $108
- Deferred
- $0
- Nontaxable benefits
- $12,734
- Filer's total
- $206,900
-
TERRY BARKSDALE
VP COMMERCIAL LENDER
- Total calculated
- $130,149
- From this org
- $113,947
- From related orgs
- $0
- Other
- $16,202
- Hours/week
- 40
-
FARRAH HILL
MORTGAGE LOAN ASSOCIATE
- Total calculated
- $131,099
- From this org
- $108,362
- From related orgs
- $0
- Other
- $22,737
- Hours/week
- 40
-
JASON LISTER
DIRECTOR OF MORTGAGE LENDING
- Total calculated
- $396,775
- From this org
- $347,381
- From related orgs
- $0
- Other
- $49,394
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $295,626
- Bonus
- $51,672
- Other
- $83
- Deferred
- $20,700
- Nontaxable benefits
- $28,694
- Filer's total
- $396,775
-
MATTHEW MYERS
LOAN OFFICER
- Total calculated
- $157,322
- From this org
- $134,949
- From related orgs
- $0
- Other
- $22,373
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,597
- Bonus
- $10,275
- Other
- $77
- Deferred
- $7,120
- Nontaxable benefits
- $15,253
- Filer's total
- $157,322
-
MITCHELL SWANSON
DIRECTOR OF UNDERWRITING & QUALITY CONTROL
- Total calculated
- $368,587
- From this org
- $338,457
- From related orgs
- $0
- Other
- $30,130
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $285,422
- Bonus
- $52,927
- Other
- $108
- Deferred
- $3,300
- Nontaxable benefits
- $26,830
- Filer's total
- $368,587
-
TYLER STARK
LOAN OFFICER
- Total calculated
- $122,864
- From this org
- $120,905
- From related orgs
- $0
- Other
- $1,959
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$45,000
GENERAL FUND & DISASTER RELIEF
-
$25,000
SCHOLARSHIPS & GOLF TOURNAMENT
-
$18,000
SCHOLARSHIPS
-
SCHOLARSHIPS
-
$15,000
5K SPONSOR/BANQUET & SILENT AUCTION
-
$13,000
SOIREE SPONSOR & GOLF TOURNAMENT SPONSOR
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
INSURANCE · MO · income $305,644 · assets $66,875
Directly controlled by ASSEMBLIES OF GOD CREDIT UNION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202503189349314760
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