nonprofit logo

Health Credit Union

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

EIN: 630420086 ✦ Birmingham, AL ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Health Credit Union?

Health Credit Union is a cooperative association, established to offer banking alternatives to the employees of the Jefferson County, Alabama Department of Health and their immediate families. Situated in Birmingham, Alabama, this nonprofit organization primarily provides loan and deposit services, serving as an alternative to commercial banks.

Is Health Credit Union legitimate?

Health Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Health 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: $102,377
Professional Fundraising Fees: $0
Other Salaries and Wages: $310,146

For more financial information, click here

What is the mission statement of Health Credit Union?

Health Credit Union serves as a cooperative association, primarily catering to the employees of the Jefferson County, Alabama Department of Health and their immediate families. Its primary mission is to offer alternative loan and deposit options, acting as a viable alternative to commercial banks. By doing so, the union aims to provide financial services that meet the unique needs of its members, fostering financial stability and independence.

Who is the CEO of Health Credit Union?

Judd Davis is the President/Ceo of Health Credit Union. The CEO's salary of Health Credit Union is $102,377 and their total compensation is $204,754.

What is the revenue of Health Credit Union?

Health Credit Union's revenue in 2022 was $1,340,434.

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


Here are 6 key members and their salaries (Health Credit Union's CEO's salary is $102,377 and their total compensation is $204,754):


Charles J Davis (President/Ceo)
  • Compensation: $102,377
  • Related: $0
  • Other: $102,377
Stephanie Ayers Millsap (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Mcmanus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Waldren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Health Credit Union?

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

Mission Statement of Health Credit Union

Health Credit Union, as a cooperative association, is dedicated to serving the financial needs of employees working for the Jefferson County, Alabama Department of Health and their immediate families. Its primary mission is to offer loan and deposit alternatives that deviate from commercial banks. By doing so, the credit union aims to provide these individuals with banking solutions tailored to their specific circumstances. This cooperative approach allows the credit union to cater to the unique financial requirements of its members, offering them a more personalized and community-oriented banking experience.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Health Credit Union has a significant impact on the employees of the Jefferson County, Alabama Department of Health and their immediate families. By providing banking alternatives to commercial banks, it addresses the specific financial needs of this community, offering accessible loan and deposit options. This cooperative association fosters a supportive financial environment, empowering employees to manage their finances effectively and ensuring that they have the resources required to thrive. The mission of Health Credit Union is rooted in community service, enhancing the financial well-being of its members and promoting economic stability within the local community in Birmingham, Alabama.




This information is meant to be a general summary of Health 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
$1,340,434 (2022)
Expenses
$986,654 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $213,604
  • Program Service Revenue: $894,300
  • Gross Receipts: $1,340,434

Assets and Liabilities:

  • Total Assets: $26,876,043
  • Total Liabilities: $21,131,414
  • Net Assets: $5,744,629

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Interest on loans

Revenue

$894,300

Organization Details

Founding Year

1955

Principal Officer

Judd Davis

Main Address

1400 6th Avenue South, Birmingham, AL, 35233

NTEE Category

Code: W61 - Public benefit

If you are a representative of Health Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.