MUTUAL SAVINGS

As filed

Subsection

14

Classification

1000

Street

2040 VALLEYDALE RD

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

• CODE OF ALABAMA, SEC 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. MUTUAL SAVINGS CREDIT UNION, AN ALABAMA STATE CHARTERED CREDIT UNION, PROVIDES A VARIETY OF FINANCIAL SERVICES TO ITS MEMBERS, WHO PRIMARILY RESIDE, WORK, ATTEND SCHOOL OR WORSHIP IN FOURTEEN ALABAMA COUNTIES, INCLUDING JEFFERSON, SHELBY, DALLAS, CHILTON, AND TALLAPOOSA COUNTIES, OR WHO ARE EMPLOYED BY A MUTUAL SAVINGS SPONSOR GROUP. THE CREDIT UNION'S FIELD OF MEMBERSHIP ALSO INCLUDES SELECTED EMPLOYEE GROUPS AND INDIVIDUALS THAT RESIDE IN THESE COUNTIES. AS OF DECEMBER 31, 2024, THE CREDIT UNION PROVIDED SERVICES TO 19,724 MEMBERS.

As filed on the 2024 return.

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

  $16,987,143

  Expenses

  $15,120,066

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $13,969,345

  Expenses

  $13,482,157

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $12,277,489

  Expenses

  $10,984,804

  Contributions

  $0

  Grants paid

  $0

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

  $10,770,188

  Expenses

  $10,121,178

  Assets (EOY)

  $217,478,712

• 2020 · 990

  Revenue

  $10,057,708

  Expenses

  $10,403,873

  Assets (EOY)

  $202,810,474

• 2019 · 990

  Revenue

  $11,441,733

  Expenses

  $10,920,567

  Assets (EOY)

  $173,442,845

• 2018 · 990

  Revenue

  $11,531,711

  Expenses

  $10,971,723

  Assets (EOY)

  $173,640,666

• 2017 · 990

  Revenue

  $11,644,635

  Expenses

  $11,335,736

  Assets (EOY)

  $170,047,671

• 2016 · 990

  Revenue

  $11,381,155

  Expenses

  $11,270,328

  Assets (EOY)

  $177,836,146

• 2015 · 990

  Revenue

  $10,435,021

  Expenses

  $10,002,766

  Assets (EOY)

  $180,499,707

• 2014 · 990

  Revenue

  $9,612,643

  Expenses

  $9,209,070

  Assets (EOY)

  $133,820,255

• 2013 · 990

  Revenue

  $9,158,661

  Expenses

  $10,320,301

  Assets (EOY)

  $132,917,624

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $11,088,757

  Assets (EOY)

  $152,141,644

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