Overview
What is Avadian Credit Union?
Avadian Credit Union, based in Birmingham, Alabama, is a member-focused financial institution serving 92,042 individuals. With a mission to promote thrift opportunities and offer affordable loans, they aim to make a positive impact on their members' lives. The credit union's operation includes providing essential financial services, ensuring that members have access to cost-effective borrowing solutions. With a dedicated workforce of 325 employees, Avadian Credit Union remains committed to its goal of empowering its members through financial well-being.
Official website here: www.avadiancu.com
Is Avadian Credit Union legitimate?
Avadian Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Avadian Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,906,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,119,744
For more financial information, click here
Official website here: www.avadiancu.com
What is the mission statement of Avadian Credit Union?
Avadian Credit Union is committed to providing thrift opportunities and affordable loans to its members. This mission is at the core of its operations and is aimed at benefiting its members financially. With over 92,000 members served, the credit union continues to promote thrift and offer low-cost loans to its expanding member base. The focus on affordability and financial opportunities sets Avadian Credit Union apart, helping its members manage their finances effectively. The credit union's dedication to this mission ensures that its members have access to essential financial services, leading to improved financial well-being.
Official website here: www.avadiancu.com
Who is the CEO of Avadian Credit Union?
Linda Cencula is the Chairman of Avadian Credit Union. The CEO's salary of Avadian Credit Union is $474,234 and their total compensation is $539,953.
Official website here: www.avadiancu.com
What is the revenue of Avadian Credit Union?
Avadian Credit Union's revenue in 2022 was $56,357,889.
Official website here: www.avadiancu.com
Who are the executives of Avadian Credit Union and what are their salaries?
The average compensation at Avadian Credit Union during 2022 was $55,464. There are 325 employees and 14 volunteers at Avadian Credit Union.
Here are 21 key members and their salaries (Avadian Credit Union's CEO's salary is $474,234 and their total compensation is $539,953):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $474,234
- Related: $0
- Other: $65,719
- Compensation: $223,002
- Related: $0
- Other: $48,680
- Compensation: $83,537
- Related: $0
- Other: $27,301
- Compensation: $218,130
- Related: $0
- Other: $33,479
- Compensation: $217,229
- Related: $0
- Other: $28,240
- Compensation: $215,093
- Related: $0
- Other: $27,212
- Compensation: $180,638
- Related: $0
- Other: $63,681
- Compensation: $228,726
- Related: $0
- Other: $27,414
- Compensation: $197,031
- Related: $0
- Other: $26,098
- Compensation: $281,518
- Related: $0
- Other: $48,021
- Compensation: $229,350
- Related: $0
- Other: $11,165
- Compensation: $160,175
- Related: $0
- Other: $24,285
Official website here: www.avadiancu.com
Where can I find the form 990 for Avadian Credit Union?
Avadian Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avadiancu.com
Learn more at the official website: www.avadiancu.com
Mission Statement of Avadian Credit Union
Avadian Credit Union, a membership-driven financial institution, is committed to providing thrift opportunities and affordable loans to its members. With a mission deeply rooted in financial inclusivity, the credit union strives to make financial services accessible and affordable to its expanding member base, currently numbering 92,042 individuals. By offering thrift opportunities, Avadian Credit Union encourages its members to save and build a financial foundation for the future. In addition, the credit union extends the benefit of low-cost loans to members, ensuring they have access to necessary financing when they need it, without the burden of exorbitant interest rates. This dual focus on promoting thrift and affordable lending allows the credit union to empower its members to take control of their financial futures and build a solid economic foundation.
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Impact
October, 2024
Avadian Credit Union significantly impacts its community by providing thrift opportunities and low-cost loans to its members. With a membership base of 92,042 individuals, Avadian serves as a crucial financial resource in Birmingham, Alabama. By promoting financial thriftiness and offering affordable lending options, the credit union empowers its members to achieve their financial goals and enhance their economic well-being. This commitment to accessible financial services fosters community growth and stability, demonstrating Avadian's dedication to public benefit and the advancement of its members' financial health.
This information is meant to be a general summary of Avadian Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,781,618
- Program Service Revenue: $35,308,698
- Gross Receipts: $135,128,150
Assets and Liabilities:
- Total Assets: $1,250,063,338
- Total Liabilities: $1,169,317,671
- Net Assets: $80,745,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$35,308,698
Organization Details
Founding Year
1934
Phone
(205) 985-2836Principal Officer
Linda Cencula
Main Address
ONE RIVERCHASE PARKWAY SOUTH, BIRMINGHAM, AL, 35244
Website
www.avadiancu.comNTEE Category
Code: W60 - Public benefit
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