Mission
CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 10,859 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.
Public Charity
NORTH ALABAMA EDUCATORS CREDIT UNION
NORTH ALABAMA EDUCATORS CREDIT UNION is a Public Charity headquartered in HUNTSVILLE, AL. Financial data from the 2025 filing: $6.3M revenue, $5.7M expenses, $139.3M total assets.
EIN: 636023153
HUNTSVILLE, AL
Credit Unions
NTEE: W61
Latest filing: 2025
Total Revenue$6.3M
Total Expenses$5.7M
Total Assets$139.3M
Grant Records0
Filing Years2023–2025
Where $100 goes at North Alabama Educators Credit Union
How North Alabama Educators Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$50
Programs
the work itself
$50
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 $50 for programs
$39
The credit union provided a variety of loan services for its members
$11
The credit union provided a variety of deposit services for its members
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
SC CHAIR
Carolyn Love-Rice
SC MEM
Frances Harless-Woods
PRESIDENT/CE
Greg Olmsted
BOARD MEMBER
Larry Sharp
BOARD MEMBER
Leah Vallely
BOARD MEMBER
Melvina Phillips
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $6.3M | $5.7M | $139.3M |
| 2024 | $5.7M | $5.5M | $132.7M |
| 2023 | $4.9M | $4.5M | $130.5M |
Between 2023 and 2025, reported annual revenue grew from $4.9M to $6.3M (+28%), with total assets most recently reported at $139.3M.
Interactive year-over-year charts and full filing details available with membership.