O'Neal Credit Union

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

EIN: 630459546 ✦ Birmingham, AL ✦ Designated as a 501(c)(14)

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Overview

What is O'Neal Credit Union?

O'Neal Credit Union is a financial institution based in Birmingham, Alabama, specifically located at 744 North 41st Street, with a focus on serving its approximately 524 members. This credit union offers various loan services, enabling its members to manage their finances effectively. The primary mission of O'Neal Credit Union is to provide financial assistance through loans, savings, and other related services. With a small team of one dedicated employee, the credit union seeks to cater to its members' financial needs, ensuring financial well-being and stability.

Is O'Neal Credit Union legitimate?

O'Neal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. O'Neal 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: $47,210

For more financial information, click here

What is the mission statement of O'Neal Credit Union?

O'Neal Credit Union is dedicated to serving its approximately 524 members by providing various financial services. This includes offering loans and savings options, among other financial services. The primary mission of the credit union is to cater to its members' financial needs. The credit union has a diverse range of loan services available for its members.

Who is the CEO of O'Neal Credit Union?

Debra York is the Treasurer/Ma of O'Neal Credit Union.

What is the revenue of O'Neal Credit Union?

O'Neal Credit Union's revenue in 2021 was $85,359.

Who are the executives of O'Neal Credit Union and what are their salaries?

The average compensation at O'Neal Credit Union during 2021 was $47,210. There is 1 employee and 10 volunteers at O'Neal Credit Union.


Here are 11 key members and their salaries:


Debra York (Treasurer/Ma)
  • Compensation: $47,210
  • Related: $0
  • Other: $7,963
Richard Phillips (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shea Kennedy (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Ratliff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kolaczek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Loiacona (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Campbell (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Martin (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Wallace (Credit Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Holley (Credit Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Wells (Credit Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for O'Neal Credit Union?

O'Neal Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of O'Neal Credit Union

O'Neal Credit Union, as a credit union, is committed to providing financial services to its approximately 524 members. This mission is fulfilled through the offering of various loan and savings services. The credit union serves its members by extending financial aid when needed, thereby contributing to their financial well-being. By providing these services, O'Neal Credit Union plays a significant role in helping its members manage their finances effectively.

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Impact




October, 2024

O'Neal Credit Union plays a significant role in the Birmingham, Alabama community by providing essential financial services to its members. With a focus on fostering financial stability, the credit union offers a variety of loan services, enabling approximately 524 members to access the capital they need for personal and business growth. By facilitating loans and savings opportunities, O'Neal Credit Union contributes to the economic well-being of its members, promoting responsible financial practices and enhancing their quality of life. Additionally, as a community-oriented institution, it supports local economic development and encourages member engagement, helping to create a stronger financial foundation for individuals and families within the community.




This information is meant to be a general summary of O'Neal 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
$85,359 (2021)
Expenses
$87,979 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,517
  • Program Service Revenue: $83,275
  • Gross Receipts: $85,359

Assets and Liabilities:

  • Total Assets: $2,500,848
  • Total Liabilities: $1,857,774
  • Net Assets: $643,074

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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

$79,102

FEE INCOME

Revenue

$4,173

Organization Details

Founding Year

1955

Principal Officer

Debra York

Main Address

744 NORTH 41ST STREET, BIRMINGHAM, AL, 35222

NTEE Category

Code: W60 - Public benefit

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