WINSOUTH CREDIT UNION

As filed

Subsection

14

Classification

1000

Street

110 S 26TH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of ALABAMA CREDIT UNION ADMINISTRATION (EIN 63-1091725). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

• ALABAMA BANKING CODE, SECTION 5-17-1, STATES THAT A CREDIT UNION IS A 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. WINSOUTH CREDIT UNION IS A VOLUNTARY, COOPERATIVE, NONPROFIT FINANCIAL INSTITUION. ITS PRIMARY PURPOSE IS TO ENCOURAGE THRIFT, CREATE A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND PROVIDE OPPORTUNITIES FOR ITS MEMBERS TO CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. THE CREDIT UNION STRIVES TO ACHIEVE ITS PURPOSE BY CONDUCTING ANY BUSINESS, ENGAGING IN ANY ACTIVITY, AND PROVIDING ANY SERVICE THAT MAY BENEFIT ITS MEMBERS, SUBJECT TO THE ALABAMA CREDIT UNION ACT AND THE RULES AND REGULATIONS ADOPTED THEREUNDER BY THE ALABAMA CREDIT UNION ADMINISTRATION. AS OF DECEMBER 31, 2024 THE CREDIT UNION PROVIDED SERVICES TO 39,534 MEMBERS.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $26,739,338

  Expenses

  $24,150,505

  Contributions

  $0

  Grants paid

  $11,000

• 2023

  Revenue

  $23,682,218

  Expenses

  $19,557,797

  Contributions

  $0

  Grants paid

  $10,000

• 2022

  Revenue

  $20,131,767

  Expenses

  $16,720,847

  Contributions

  $0

  Grants paid

  $10,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $21,033,823

  Expenses

  $15,051,216

  Assets (EOY)

  $384,172,678

• 2020 · 990

  Revenue

  $13,845,071

  Expenses

  $12,912,980

  Assets (EOY)

  $304,319,178

• 2019 · 990

  Revenue

  $14,680,069

  Expenses

  $13,653,019

  Assets (EOY)

  $264,323,878

• 2018 · 990

  Revenue

  $14,014,223

  Expenses

  $12,611,462

  Assets (EOY)

  $261,600,320

• 2017 · 990

  Revenue

  $13,333,374

  Expenses

  $11,874,914

  Assets (EOY)

  $259,125,833

• 2016 · 990

  Revenue

  $12,931,274

  Expenses

  $11,706,679

  Assets (EOY)

  $249,297,485

• 2015 · 990

  Revenue

  $12,778,807

  Expenses

  $11,611,515

  Assets (EOY)

  $243,474,229

• 2014 · 990

  Revenue

  $12,865,856

  Expenses

  $11,401,127

  Assets (EOY)

  $233,704,692

• 2013 · 990

  Revenue

  $13,328,651

  Expenses

  $13,019,079

  Assets (EOY)

  $231,233,157

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $13,186,721

  Assets (EOY)

  $233,283,688

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files