Federal Employees Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630416506 ✦ Birmingham, AL ✦ Designated as a 501(c)(14)

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Overview

What is Federal Employees Credit Union?

The Federal Employees Credit Union, located in Birmingham, Alabama, serves as a financial institution for approximately 1,722 members. Established with a mission to provide financial services, the credit union offers a variety of loan options, savings plans, and other financial assistance. With a dedicated team of five employees, the Federal Employees Credit Union aims to support its members in managing their financial well-being.


Official website here: www.federalempscu.com

Is Federal Employees Credit Union legitimate?

Federal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Federal Employees 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: $277,917

For more financial information, click here


Official website here: www.federalempscu.com

What is the mission statement of Federal Employees Credit Union?

The Federal Employees Credit Union's mission is centered around providing essential financial services to approximately 1,722 members. This includes offering loans, savings, and various other financial aid options. The credit union's primary objective is to cater to the financial needs of its members, aiming to contribute positively to their financial well-being. The credit union's activities extend beyond just loans and savings, involving various financial services tailored to meet its members' requirements.


Official website here: www.federalempscu.com

Who is the CEO of Federal Employees Credit Union?

Greg Keller is the Treasurer/Ce of Federal Employees Credit Union.


Official website here: www.federalempscu.com

What is the revenue of Federal Employees Credit Union?

Federal Employees Credit Union's revenue in 2022 was $856,545.


Official website here: www.federalempscu.com

Who are the executives of Federal Employees Credit Union and what are their salaries?

The average compensation at Federal Employees Credit Union during 2022 was $55,583. There are 5 employees and 8 volunteers at Federal Employees Credit Union.


Here are 8 key members and their salaries:


Greg Keller (Treasurer/Ce)
  • Compensation: $84,127
  • Related: $0
  • Other: $11,642
Dolores Neal-Weeks (Chairman, Bo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Stantley (1St Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Coleman (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Stantley (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocky Cook (2Nd Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Reebals (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mellanie Pinkins (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.federalempscu.com

Where can I find the form 990 for Federal Employees Credit Union?

Federal Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.federalempscu.com

Learn more at the official website: www.federalempscu.com

Mission Statement of Federal Employees Credit Union

The Federal Employees Credit Union's mission, in essence, is centered around serving its approximately 1,722 members. This service encompasses providing various financial offerings, including loans and savings options. The credit union plays a significant role in supporting its members by offering a range of financial services.

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Impact




October, 2024

Federal Employees Credit Union significantly impacts its community by offering essential financial services to approximately 1,722 members. Located in Birmingham, Alabama, it provides a wide range of services, including loans and savings options, tailored to meet the unique needs of its members. The credit union fosters financial stability and empowerment among its members, supporting them in achieving their financial goals. By offering competitive loan services, it enables members to access the funds they need for personal projects, emergencies, or significant life events, ultimately contributing to their overall well-being and economic security. Additionally, its commitment to the public benefit strengthens the economic fabric of the community it serves.




This information is meant to be a general summary of Federal Employees 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.

Revenue
$856,545 (2022)
Expenses
$845,042 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $97,514
  • Program Service Revenue: $751,322
  • Gross Receipts: $856,545

Assets and Liabilities:

  • Total Assets: $18,567,679
  • Total Liabilities: $15,204,084
  • Net Assets: $3,363,595

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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

$640,909

FEE INCOME

Revenue

$110,413

Organization Details

Founding Year

1958

Principal Officer

Greg Keller

Main Address

1509 4TH AVENUE SOUTH, BIRMINGHAM, AL, 35233

NTEE Category

Code: W60 - Public benefit

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