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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 Railway Employees Credit Union

Railway Employees Credit Union

Fiscal year ending 2024. Filed on October 1, 2025.

1604 Gusmus Avenue
Muscle Shoals, Alabama 35661

Railway Employees Credit Union (EIN: 63-0362060) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Railway Employees Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 employees. Among the employees shown here, the average compensation is $110,574. The highest compensated employee at Railway Employees Credit Union is Mary Leigh Matthews with fiscal year 2024 compensation of $110,574.

Revenue, expenses, and employee compensation

Revenue

$749,167

Expenses

$604,172

Employee compensation

$215,089
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mary Leigh Matthews
Manager
$110,574
$89,742 No related comp$20,832
Phillip Wright
SC Chair
$0
Charles Rickard
Creit Commit
$0
Roy E Clement
SC Member
$0
Jeremy Utley
Credit Committee Member
$0
Audrey Bailey
SC Member
$0
Danny Weeks
Credit Committee Member
$0

Benchmark Employee Compensation

Non-Employee Board Members

David Meeks
Board President
Gary Utley
Board Member
James Fuller
Board Member
James Hamilton
BOD Sec/Tres
Luther Grisham
BOD VICE PRE

Mission Statement

CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 1,395 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.

Revisions to this organization profile

October 1, 2025:
2024 Railway Employees Credit Union 990 filed
April 30, 2024:
2023 Railway Employees Credit Union 990 filed
May 3, 2023:
2022 Railway Employees Credit Union 990 filed

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