Public Charity

HEALTH CREDIT UNION

HEALTH CREDIT UNION is a nonprofit organization categorized as Public Charity based in BIRMINGHAM, AL. Its most recent IRS filing (2025) reports revenue of $1.9M, expenses of $2.0M, total assets of $27.6M.

EIN: 630420086 BIRMINGHAM, AL Credit Unions NTEE: W61 Latest filing: 2025
Total Revenue$1.9M
Total Expenses$2.0M
Total Assets$27.6M
Grant Records0
Filing Years2021–2025

Mission

CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 2,130 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.

Where $100 goes at Health Credit Union

How Health Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$64 Programs the work itself
$36 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 $64 for programs

$54
The credit union provided a variety of loan services for its members
84% of program spending
$10
The credit union provided a variety of deposit services for its members
16% of program spending
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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

CEO Charles Judson Davis
BOARD VICE C Daniel J Foster
SC MEMBER Jim Alosi
SC MEMBER Lamonte Augustus
BOARD MEMBER Lance Walden
SC CHAIR Lannie Sears Mitchell

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.9M $2.0M $27.6M
2024 $1.8M $1.7M $28.0M
2023 $1.6M $1.3M $26.6M
2022 $1.3M $987K $26.9M
2021 $1.1M $908K $25.2M

Between 2021 and 2025, reported annual revenue grew from $1.1M to $1.9M (+70%), with total assets most recently reported at $27.6M.

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

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