2025-11-17T12:28:42-07:00 2024-12-31 990 2024-01-01 630338577 AZALEA CITY CREDIT UNION AZAL 2513160000 5662 COTTAGE HILL RD MOBILE AL 36609 LaToya Baker Sr. Accountant 2513160000 2025-11-16 1 2024 2025-03-06 01:10:19Z AZALEA CITY CREDIT UNION 5662 COTTAGE HILL RD MOBILE AL 36609 3131618 0 1422 X WWW.AZALEACITYCU.COM X 1954 AL TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS. 5 4 17 7 14450 6505 0 0 1662510 1898230 225137 487382 775161 746006 2662808 3131618 0 0 0 0 987383 1148871 0 0 0 1157733 1694598 2145116 2843469 517692 288149 42434958 43077807 36073548 36578248 6361410 6499559 TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS. 0 0 Members served to promote thrift opportunities and low cost loans. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 17 1 1 1 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 AL X AZALEA CITY CREDIT UNION 2513160000 5662 COTTAGE HILL RD MOBILE AL 36609 OLABODE ANISE PRESIDENT/CEO 40 0.50 X X 222226 0 0 JERRY BYRD CHAIRMAN 0.00 0.50 X 0 0 0 LAWRENCE WOOD VICE-CHAIRMAN 0.00 0.50 X 0 0 0 AARON ANDRY SECRETARY 0.00 0.50 X 0 0 0 MONA WILLIAMS DIRECTOR 0.00 0.50 X 0 0 0 222226 0 0 1 0 1 0 0 LOAN INTEREST INCOME 900099 1898230 1898230 0 0 0 0 0 0 1898230 487382 0 0 487382 0 0 0 0 0 0 0 0 0 0 0 0 NON-MEMBER ATM FEES 522130 14450 0 14450 0 731556 731556 0 0 746006 3131618 2629786 14450 487382 X 0 0 0 0 222226 0 797916 28399 37450 62880 0 12263 16304 0 0 0 0 1860 331150 0 0 139148 20716 0 0 532472 0 85752 44331 2024 990T EXPENSE 1366 MISC OPERATING INCOM 45436 463800 2843469 0 0 0 706706 628239 7387000 7309000 0 0 0 0 74347 76993 0 0 27134989 24707018 0 0 65181 46848 3007570 584645 2503668 2422925 0 0 0 0 0 0 0 0 4563067 7886784 42434958 43077807 418300 422216 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35655248 36156032 36073548 36578248 X 0 0 0 0 6361410 6499559 6361410 6499559 42434958 43077807 X 288149 0 0 0 0 -150000 X 1 X 1 X 0 0 685187 0 685187 2315994 0 584645 1731349 0 0 0 0 6389 0 0 6389 0 0 0 0 2422925 ALLOWANCE FOR LOAN LOSSES -506968 OTHER RECEIVABLES 139 INVESTMENTS 7888266 ACCRUED INCOME 96187 ALL OTHER ASSETS 409160 7886784 0 TOTAL SHARES OF MEMBERS 36156032 36156032 3131618 0 0 0 0 0 3131618 0 0 0 3131618 2843469 0 0 0 0 0 2843469 0 0 0 2843469 X 1 0 X 0 0 0 OLABODE ANISE PRESIDENT/CEO 222226 0 0 0 0 0 0 0 0 0 222226 0 0 0 Schedule J, Part I, Line 1a EXPENSE FREE TRAVEL FOR COMPANION/WIFE FOR SOME CONFERENCES Schedule J, Part I, Line 3 ANNUALLY THE BOARD OF DIRECTORS EVALUATE THE CEO'S PERFORMANCE FOR THE YEAR AND THEN MEET TO DETERMINE COMPENSATION MONA WILLIAMS DIRECTOR PERSONAL X 53403 37698 0 1 1 AARON ANDRY DIRECTOR PERSONAL X 34768 21168 0 1 1 MONA WILLIAMS DIRECTOR PERSONAL X 19000 18125 0 1 1 76991 Form 990, Part VI, Section A, Line 6 THE CREDIT UNION HAS MEMBERS WHO HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY Form 990, Part VI, Section A, Line 7a THE CREDIT UNION HAS MEMBERS WHO HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY Form 990, Part VI, Section B, Line 11b A COPY IS PROVIDED FOR REVIEW BY THE BOARD OF DIRECTORS AT THE MONTHLY BOARD MEETINGS Form 990, Part VI, Section B, Line 12c EACH YEAR, THE CEO REVIEWS OR UPDATES EACH POLICY WITH THE APPROPRIATE CHANGES AND THEN PROVIDES THE BOARD OF DIRECTORS TO REVIEW AND SIGN AT THE MONTHLY BOARD MEETING Form 990, Part VI, Section B, Line 15 ANNUALLY THE BOARD OF DIRECTORS EVALUATE THE CEO'S PERFORMANCE FOR THE YEAR AND THEN MEET TO DETERMINE COMPENSATION. Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AND PRESENTED TO MEMBERS AT THE ANNUAL MEETING. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST Form 990, Part IX, Line 24e ASSOCIATION DUES, EDUCATION & PROMOTION EXPENSE, LOAN SERVICING, PROFESSIONAL AND OUTSIDE SERVICING EXP, PROVISION FOR LOAN LOSSES, OPERATING FEES, CASH OVER AND SHORT EXP, ANNUAL MEETING EXP, MISC INCOME EXP, AND GAIN AND LOSS ON DISPOSAL OF ASSETS Form 990, Part XI, Line 9 FUNDS ACQUIRED FROM THE MERGER AND CECL TRANSFER FILE AN EXTENSION