Overview
What is Birmingham City Credit Union?
Birmingham City Credit Union is a nonprofit financial institution located at 708 17th Street North, Birmingham, Alabama 35203. Their primary mission is to offer various loan services to their approximately 2,295 members. They provide essential financial services such as loans and savings, aiming to support their community members. The credit union operates with a team of nine dedicated employees.
Is Birmingham City Credit Union legitimate?
Birmingham City Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Birmingham City 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,674
For more financial information, click here
What is the mission statement of Birmingham City Credit Union?
Birmingham City Credit Union is committed to serving its approximately 2,295 members by providing a range of financial services, including loans and savings options. In essence, their mission is to cater to the financial needs of their members, offering them various loan solutions. The credit union aims to enhance financial well-being within its member community.
Who is the CEO of Birmingham City Credit Union?
Carrie Player is the CEO of Birmingham City Credit Union The CEO's salary of Birmingham City Credit Union is $112,840 and their total compensation is $139,599.
What is the revenue of Birmingham City Credit Union?
Birmingham City Credit Union's revenue in 2024 was $1,127,673.
Who are the executives of Birmingham City Credit Union and what are their salaries?
The average compensation at Birmingham City Credit Union during 2024 was $52,779. There are 6 employees and 10 volunteers at Birmingham City Credit Union.
Here are 12 key members and their salaries (Birmingham City Credit Union's CEO's salary is $112,840 and their total compensation is $139,599):
- Compensation: $112,840
- Related: $0
- Other: $26,759
- Compensation: $84,054
- Related: $0
- Other: $24,960
- 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: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Birmingham City Credit Union?
Birmingham City Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Birmingham City Credit Union
Birmingham City Credit Union, as a credit union, is committed to providing financial services to its approximately 2,295 members. Their mission is multifaceted, encompassing the provision of various loan services, savings options, and other financial assistance. This nonprofit organization aims to empower its members by offering them the tools needed to manage their finances effectively. By providing these services, Birmingham City Credit Union seeks to contribute positively to its members' financial well-being.
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Impact
October, 2024
Birmingham City Credit Union plays a vital role in enhancing the financial well-being of its members in Birmingham, Alabama. By offering a variety of loan services and savings options, it empowers approximately 2,295 individuals to manage their finances more effectively. The credit union serves as a reliable financial resource, providing access to affordable loans that can help members meet their immediate needs, invest in personal development, or navigate unforeseen circumstances.
Additionally, by promoting savings, it encourages financial discipline and long-term planning among its members, enhancing their overall financial stability. The focus on public benefit ensures that the credit union addresses the specific needs of the community, contributing to the economic health and resilience of Birmingham and its residents. Through its services, the Birmingham City Credit Union fosters financial inclusion and supports a culture of mutual aid among its member community.
This information is meant to be a general summary of Birmingham City 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 2024.
- Investment Income: $41,341
- Program Service Revenue: $1,075,453
- Gross Receipts: $1,127,673
Assets and Liabilities:
- Total Assets: $9,351,137
- Total Liabilities: $7,695,187
- Net Assets: $1,655,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$832,375
FEE INCOME
Revenue
$243,078
Organization Details
Founding Year
1956
Principal Officer
Carrie Player
NTEE Category
Code: W60 - Public benefit
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