ALABAMA ONE CREDIT UNION

As filed

Subsection

14

Classification

1000

Street

1215 VETERANS MEMORIAL PKWY

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. ALABAMA ONE CREDIT UNION, AN ALABAMA STATE CHARTERED CREDIT UNION, PROVIDES A VARIETY OF FINANCIAL SERVICES TO ITS MEMBERS. THE CREDIT UNION'S MEMBERSHIP IS PRIMARILY COMPRISED OF PERSONS WHO LIVE AND WORK IN TUSCALOOSA COUNTY, ALABAMA AND THIRTY-THREE OTHER COUNTIES THROUGHOUT ALABAMA; EMPLOYEES, RESIDENTS, AND/OR PATIENTS OF VARIOUS MEDICAL PROVIDERS WITHIN THE STATE OF ALABAMA; EMPLOYEES OF THE CREDIT UNION AND OTHER SPECIFIED EMPLOYERS; RETIREES OF ALL AFOREMENTIONED GROUPS; AND SPOUSES, WIDOWS, AND IMMEDIATE FAMILY MEMBERS OF ALL AFOREMENTIONED GROUPS. AS OF DECEMBER 31, 2024, THE CREDIT UNION PROVIDED SERVICES TO APPROXIMATELY 93,807 MEMBERS.

  Expenses $75,340,161

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.

The first 25 listed. 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

  $79,240,379

  Expenses

  $75,340,161

  Contributions

  $0

  Grants paid

  $38,765

• 2023

  Revenue

  $62,571,573

  Expenses

  $57,009,626

  Contributions

  $0

  Grants paid

  $64,510

• 2022

  Revenue

  $50,038,173

  Expenses

  $43,777,146

  Contributions

  $0

  Grants paid

  $65,550

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

  $41,746,504

  Expenses

  $37,096,975

  Assets (EOY)

  $937,318,452

• 2020 · 990

  Revenue

  $36,023,462

  Expenses

  $32,816,258

  Assets (EOY)

  $798,798,961

• 2020 · 990

  Revenue

  $36,023,462

  Expenses

  $32,816,258

  Assets (EOY)

  $798,798,961

• 2019 · 990

  Revenue

  $35,348,396

  Expenses

  $29,794,310

  Assets (EOY)

  $630,309,827

• 2018 · 990

  Revenue

  $33,821,508

  Expenses

  $27,770,467

  Assets (EOY)

  $606,535,762

• 2017 · 990

  Revenue

  $27,775,871

  Expenses

  $24,568,279

  Assets (EOY)

  $593,599,796

• 2016 · 990

  Revenue

  $24,672,275

  Expenses

  $24,601,413

  Assets (EOY)

  $582,725,571

• 2015 · 990

  Revenue

  $24,855,855

  Expenses

  $32,885,645

  Assets (EOY)

  $579,717,046

• 2014 · 990

  Revenue

  $21,771,884

  Expenses

  $29,588,616

  Assets (EOY)

  $602,659,759

• 2013 · 990

  Revenue

  $27,249,722

  Expenses

  $23,125,366

  Assets (EOY)

  $607,946,390

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

• ALABAMA ONE ASPIRE FOUNDATION

  $64,510

  2023 · DONATIONS TO SPONSOR AO ASPIRE'S MISSION.

• ALABAMA ONE ASPIRE FOUNDATION

  $33,765

  2024 · DONATIONS TO SPONSOR AO ASPIRE'S MISSION.

Where these grants went next →

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.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files