Public Charity

MUTUAL SAVINGS CREDIT UNION

MUTUAL SAVINGS CREDIT UNION is a Public Charity headquartered in BIRMINGHAM, AL. Financial data from the 2024 filing: $3.2M revenue, $3.0M expenses.

EIN: 586035870 BIRMINGHAM, AL Latest filing: 2024
Total Revenue$3.2M
Total Expenses$3.0M
Grant Records0
Filing Years2020–2024

Mission

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.

Where $100 goes at Mutual Savings Credit Union

How Mutual Savings Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Provide thrift savings and lending activities to the members of a member owned cooperative
All program spending · Reported in the filing: 5,505 members
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alpa Patel
BOD SECRETARY / SUPERVISORY COMMITTEE MEMBER Brian Arnberger
DIRECTOR Brian Hall
DIRECTOR David Blakely
CEO/BOARD TREASURER Elliott C Moon Jr
VP & CONTROLLER Emily Oami

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.2M $3.0M —
2023 $3.0M $2.8M $73.9M
2022 $2.7M $2.4M $81.7M
2021 $2.6M $2.4M $84.9M
2020 $2.9M $2.6M $78.4M

Between 2020 and 2024, reported annual revenue grew from $2.9M to $3.2M (+12%).

Interactive year-over-year charts and full filing details available with membership.

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