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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 New Horizons Credit Union

New Horizons Credit Union

Fiscal year ending 2017. Filed on November 8, 2018.

622 Azalea Road
Mobile, Alabama 36609

New Horizons Credit Union (EIN: 63-0767402) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, New Horizons Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 3 out of 129 total employees. Among the employees shown here, the average compensation is $225,930. The highest compensated employee at New Horizons Credit Union is Lisa M Corvo with fiscal year 2017 compensation of $425,578. New Horizons Credit Union changed its name from Credit Unions IN the State of Alabama New Horizons in 2017.

Revenue, expenses, and employee compensation

Revenue

$14,148,530

Expenses

$15,827,014

Employee compensation

$4,638,490
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lisa M Corvo
President and Chief Executive Officer
$425,578
$145,754 No related comp$279,824
John Gable
Chief Information Officer
$129,981
$78,801 No related comp$51,180
Edith Franklin
Chief Financial Officer
$122,231
$100,097 No related comp$22,134

Benchmark Employee Compensation

Non-Employee Board Members

Craig Jones
Treasurer
Deloris Bagsby
Secretary
Joe Mills
Director
Larry Landrum
Director
Linda Brown
Chair
Ralph Altice
Director
William W Lewis
Director

Contractors

Lending Solutions Consulting
Collections Consulting
$327,844

Mission Statement

THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. THE CREDIT UNION SERVES MEMBERS IN MOBILE, BALDWIN, AND CLARK COUNTIES IN ALABAMA. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 22,302.

Revisions to this organization profile

November 17, 2025:
2024 New Horizons Credit Union 990 filed
November 15, 2024:
2023 New Horizons Credit Union 990 filed
November 15, 2023:
2022 New Horizons Credit Union 990 filed

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New Horizons Credit Union Inc.
Cincinnati, Ohio