Overview
What is Alabama State Employees Credit Union?
Alabama State Employees Credit Union is a member-focused financial institution based in Montgomery, Alabama. With a mission to encourage savings among its members, the credit union offers various competitive savings products like savings, checking, and share certificates accounts, as well as Individual Retirement Account (IRA) savings. The credit union's operations aim to provide financial services to its membership base, which consists of over 44,000 members residing in Montgomery and the surrounding counties. Employing 143 individuals, the credit union is dedicated to helping its community members save and access credit at fair rates.
Official website here: www.asecu.org
Is Alabama State Employees Credit Union legitimate?
Alabama State Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Alabama State 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $489,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,632,447
For more financial information, click here
Official website here: www.asecu.org
What is the mission statement of Alabama State Employees Credit Union?
The Alabama State Employees Credit Union is dedicated to promoting thrift among its members and serving as a reliable source of credit at reasonable interest rates. With a membership base exceeding 44,000, the credit union strives to help its members save by offering competitive savings products. These offerings include various types of savings accounts, such as checking, share certificates, and IRAs. Essentially, the credit union's mission is to assist its members in managing their finances effectively by providing savings opportunities and affordable credit.
Official website here: www.asecu.org
Who is the CEO of Alabama State Employees Credit Union?
Jason Dean is the Secretary of Alabama State Employees Credit Union. The CEO's salary of Alabama State Employees Credit Union is $212,933 and their total compensation is $243,484.
Official website here: www.asecu.org
What is the revenue of Alabama State Employees Credit Union?
Alabama State Employees Credit Union's revenue in 2022 was $23,220,315.
Official website here: www.asecu.org
Who are the executives of Alabama State Employees Credit Union and what are their salaries?
The average compensation at Alabama State Employees Credit Union during 2022 was $49,801. There are 143 employees and 12 volunteers at Alabama State Employees Credit Union.
Here are 11 key members and their salaries (Alabama State Employees Credit Union's CEO's salary is $212,933 and their total compensation is $243,484):
- Mike Hart (Ceo)
- Jason Dean (Ceo)
- Alesia Dooley (Secretary) [Trustee/Director]
- Kenneth Blankenship (Director)
- Perry Taylor (Director)
- Carol J Preston (President) [Trustee/Director]
- John P Gray (Vice President) [Trustee/Director]
- John T Gray (Director)
- Bobby Bryan (Director)
- Tim Hatch (Director)
- Sharon Mills (Treasurer) [Trustee/Director]
Official website here: www.asecu.org
Where can I find the form 990 for Alabama State Employees Credit Union?
The Alabama State Employees Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.asecu.org
Learn more at the official website: www.asecu.org
Mission Statement of Alabama State Employees Credit Union
Alabama State Employees Credit Union, a financial institution with a mission to promote thrift among its members, was established to create a reliable source of credit for them at reasonable rates of interest. The credit union serves a membership base of over 44,000 individuals in Montgomery, Alabama, and the surrounding areas.
To fulfill its mission, the credit union offers a range of savings products designed to encourage members to save. These include savings, checking, and share certificate accounts, as well as Individual Retirement Account (IRA) savings. By providing these competitive savings options, the credit union aims to help its members build financial security and achieve their long-term savings goals.
In its pursuit of promoting thrift, the Alabama State Employees Credit Union goes beyond just offering savings accounts. It strives to create a vibrant, financially savvy community among its members. By instilling the values of saving and financial responsibility, the credit union empowers its members to make informed financial decisions and secure a stable financial future.
In summary, the Alabama State Employees Credit Union is a not-for-profit organization dedicated to helping its members save and access credit at reasonable rates. With a diverse range of savings products and a commitment to promoting financial literacy, the credit union plays a vital role in empowering its members to take control of their financial futures.
Impact
This information is meant to be a general summary of Alabama State Employees Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Alabama State Employees Credit Union has a significant impact on the community by providing essential financial services to its membership. In promoting thrift among its members, the credit union offers competitive savings products such as savings accounts, checking accounts, share certificates, and IRA savings. By creating a source of credit for its members at legitimate rates of interest, the credit union plays a crucial role in supporting financial stability and growth in the Montgomery area and surrounding counties. With a membership exceeding 44,000 individuals, the credit union's commitment to serving the community as a trusted financial partner is evident in its public benefit-focused approach.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$13,110,730
Organization Details
Founding Year
1954
Phone
(800) 634-9171
Principal Officer
Jason Dean
Main Address
1000 INTERSTATE PARK DRIVE, MONTGOMERY, AL, 36109
Website
www.asecu.org
NTEE Category
Code: W60 - Public benefit
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