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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 Public & Societal Benefit North Alabama Educators Credit Union

North Alabama Educators Credit Union

Fiscal year ending 2024. Filed on May 13, 2025.

PO Box 128
Huntsville, Alabama 35804

North Alabama Educators Credit Union (EIN: 63-6023153) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, North Alabama Educators Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 45 total employees. Among the employees shown here, the average compensation is $186,397. The highest compensated employee at North Alabama Educators Credit Union is Greg Olmsted with fiscal year 2024 compensation of $186,397.

Revenue, expenses, and employee compensation

Revenue

$5,746,115

Expenses

$5,539,148

Employee compensation

$2,048,119
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Greg Olmsted
President and Chief Executive Officer
$186,397
$150,656 No related comp$35,741
Nathan L Miller
SC MEM
$0
Carolyn Love-Rice
SC Chair
$0
Frances Harless-Woods
SC MEM
$0

Benchmark Employee Compensation

Non-Employee Board Members

Larry Sharp
Board Member
Leah Vallely
Board Member
Melvina Phillips
Board Member
Michael Vance
Board Member
Robert Lipscomb
Board Treasurer
Robert Watson
Board Member
Rosemary Hodges
Board Member
Stephanie Burton
Board Member
Waymon Burke
Board Chair

Mission Statement

CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 10,769 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.

Revisions to this organization profile

May 13, 2025:
2024 North Alabama Educators Credit Union 990 filed
April 7, 2025:
2023 North Alabama Educators Credit Union 990 filed

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