Public Charity

ALATRUST CREDIT UNION

ALATRUST CREDIT UNION is a nonprofit organization categorized as Public Charity based in HOOVER, AL. Its most recent IRS filing (2025) reports revenue of $12.0M, expenses of $10.2M, total assets of $213.2M.

EIN: 630021787 HOOVER, AL Latest filing: 2025
Total Revenue$12.0M
Total Expenses$10.2M
Total Assets$213.2M
Grant Records0
Filing Years2020–2025

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 Alatrust Credit Union

How Alatrust 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
Code of alabama, sec 5-17-1, states that a credit union is a cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a…
All program spending · Reported in the filing: 13,306 members
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alvin Washington
CHAIRPERSON OF THE BOARD Donald Duck
SECRETARY Dr Simpson Berry Jr
CEO & BOARD TREASURER George S Steve Nix
SUPERVISORY COMMITTEE CHAIRPERSON John Roberts
DIRECTOR Ken Wasmund

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $12.0M $10.2M $213.2M
2024 $11.4M $9.6M $202.1M
2023 $9.9M $8.0M $199.3M
2022 $8.5M $6.1M $187.3M
2020 $6.7M $5.7M $160.3M

Between 2020 and 2025, reported annual revenue grew from $6.7M to $12.0M (+80%), with total assets most recently reported at $213.2M.

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

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