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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Jefferson Credit Union

Jefferson Credit Union

Fiscal year ending 2021. Filed on May 16, 2022.

5261 Ross Bridge Parkway
Hoover, Alabama 35226

Jefferson Credit Union (EIN: 63-0390327) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Jefferson Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 3 out of 27 total employees. Among the employees shown here, the average compensation is $166,153. The highest compensated employee at Jefferson Credit Union is Richard Morris with fiscal year 2021 compensation of $191,614.

Revenue, expenses, and employee compensation

Revenue

$4,053,678

Expenses

$3,801,722

Employee compensation

$1,514,053
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Morris
President and Chief Executive Officer
$191,614
$124,860 No related comp$66,754
Charles R Faulkner
President/Ceo - RET 2021
$180,376
$174,068 No related comp$6,308
Patti Burt
Chief Financial Officer and Vice President, Finance
$126,470
$103,102 No related comp$23,368

Benchmark Employee Compensation

Non-Employee Board Members

Barry Stephenson
Board Member
Carl Johnson
Board Vice Chair
Charles Knight
Supervisory Committee Chairman
Christopher Willis
Supervisory Committee Member
Daren Lanier
Board Chair
Jonathan Shorts
Board Member
Leonard Gedgoudas
Supervisory Committee Member
Patrick Nicovich
Board Member
Tracie Hodge
Board Treasurer
William David Penuel
Board Secretary

Mission Statement

COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST.

Revisions to this organization profile

November 12, 2025:
2024 Jefferson Credit Union 990 filed
May 29, 2024:
2023 Jefferson Credit Union 990 filed
November 15, 2023:
2022 Jefferson Credit Union 990 filed

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