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ALABAMA STATE EMPLOYEES CREDIT UNION

EIN 63-0348156 MONTGOMERY, AL

Browse the largest nonprofits in Alabama

Revenue 2024
$28,846,539
Expenses 2024
$27,090,163

As filed

Subsection
14
Classification
1000
Street
4217 LOMAC 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

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 THE MONTGOMERY, ALABAMA AREA AND SURROUNDING COUNTIES. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 43,000.

Activities or mission (Part I)

PROVIDING FINANCIAL SERVICES TO OUR MEMBERSHIP.

  • IN OUR EFFORTS TO PROMOTE THRIFT AMONG OUR MEMBERS, THE CREDIT UNION PROVIDES COMPETITIVE SAVINGS PRODUCTS, WHICH INCLUDE SAVINGS, CHECKING, AND SHARE CERTIFICATES ACCOUNTS AS WELL AS IRA SAVINGS.

  • TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS, THE CREDIT UNION PROVIDES A SOURCE OF CREDIT BY OFFERING A VARIETY OF CONSUMER AND MORTGAGE LENDING PRODUCTS AT COMPETITIVE RATES OF INTEREST.

  • THE CREDIT UNION OFFERS FINANCIAL SERVICES TO THE BENEFIT OF OUR MEMBERS WHICH INCLUDE: INTERNET BANKING, ONLINE BILLPAY AND SERVICE CENTER LOCATIONS.

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.

  • Carol J Preston

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • John Philip Gray

    BOARD VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Melinda Clack

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Sharon Mills

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Bobby Bryan

    DIRECTOR

    Total calculated
    $1,160
    From this org
    $1,160
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Lorraine Deramus

    DIRECTOR

    Total calculated
    $650
    From this org
    $650
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • John Tyler Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Scott Grier

    DIRECTOR

    Total calculated
    $1,126
    From this org
    $1,126
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Claudia Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tim Hatch

    DIRECTOR

    Total calculated
    $796
    From this org
    $796
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Perry Taylor

    DIRECTOR

    Total calculated
    $4,500
    From this org
    $4,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Charlie Lassiter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jason Dean

    CEO/CFO

    Total calculated
    $271,078
    From this org
    $227,439
    From related orgs
    $0
    Other
    $43,639
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,700
    Bonus
    $22,446
    Other
    $7,293
    Deferred
    $25,560
    Nontaxable benefits
    $18,079
    Filer's total
    $271,078
  • Alesia Dooley

    CFO

    Total calculated
    $184,774
    From this org
    $132,760
    From related orgs
    $0
    Other
    $52,014
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $117,730
    Bonus
    $13,005
    Other
    $2,025
    Deferred
    $32,419
    Nontaxable benefits
    $19,595
    Filer's total
    $184,774
  • Shannon Watkins

    INTERIM CEO

    Total calculated
    $172,495
    From this org
    $148,646
    From related orgs
    $0
    Other
    $23,849
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,980
    Bonus
    $13,005
    Other
    $1,661
    Deferred
    $23,011
    Nontaxable benefits
    $838
    Filer's total
    $172,495
  • John David Lambert

    CIO

    Total calculated
    $207,869
    From this org
    $164,494
    From related orgs
    $0
    Other
    $43,375
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,872
    Bonus
    $15,522
    Other
    $1,100
    Deferred
    $22,220
    Nontaxable benefits
    $21,155
    Filer's total
    $207,869

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
    $28,846,539
    Expenses
    $27,090,163
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $27,023,139
    Expenses
    $23,079,652
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $23,220,315
    Expenses
    $19,643,903
    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
    $19,973,256
    Expenses
    $17,237,085
    Assets (EOY)
    $434,037,642
  • 2020 · 990

    Revenue
    $20,573,433
    Expenses
    $19,513,056
    Assets (EOY)
    $393,125,165
  • 2019 · 990

    Revenue
    $22,464,565
    Expenses
    $20,785,834
    Assets (EOY)
    $323,919,572
  • 2018 · 990

    Revenue
    $21,683,573
    Expenses
    $19,176,927
    Assets (EOY)
    $294,473,218
  • 2017 · 990

    Revenue
    $17,319,157
    Expenses
    $15,533,832
    Assets (EOY)
    $259,603,314
  • 2016 · 990

    Revenue
    $13,507,890
    Expenses
    $11,890,298
    Assets (EOY)
    $249,392,290
  • 2015 · 990

    Revenue
    $10,682,150
    Expenses
    $10,231,758
    Assets (EOY)
    $238,594,617
  • 2014 · 990

    Revenue
    $9,618,887
    Expenses
    $8,684,283
    Assets (EOY)
    $225,925,568
  • 2013 · 990

    Revenue
    $9,240,189
    Expenses
    $8,486,375
    Assets (EOY)
    $215,811,965
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $7,622,023
    Assets (EOY)
    $206,097,231

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

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.