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Nonprofit · EIN 45-5638180

ALABAMA CREDIT UNION FOUNDATION INC

Tax-exempt · TUSCALOOSA, AL 35486

Financials

$343K$250K2021$544K$303K2023$411K$248K2024
Revenue Expenses · by fiscal year end
Financials of ALABAMA CREDIT UNION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$410,874$247,661$163,213$1,048,242$0$1,048,242
December 31, 2023990$544,226$302,690$241,536$885,029$0$885,029
December 31, 2021990$342,712$249,717$92,995$440,034$0$440,034
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$423,969
of which government grants
$250,000
Program service revenue
$0
Investment income
$2,353
Net income from fundraising events
-$15,448
Other revenue
-$15,448

Expenses

Grants and similar amounts paid
$246,981
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$246,981
Fundraising (functional)
$680

Balance sheet and other

Total assets, start of year
$885,029
Total assets, end of year
$1,048,242
Total liabilities, end of year
$0
Net assets, end of year
$1,048,242
Net assets without donor restrictions
$1,048,242
Gross receipts
$426,322
Employees
0
Volunteers
231
Year formed
2012
State of legal domicile
AL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEVE SWOFFORDPRESIDENT
Trustee or director, Officer
1$0
KELLEY PORTERVICE-PRESIDENT
Trustee or director, Officer
1$0
SUSAN DARIADIRECTOR
Trustee or director
1$0
SARA H CROCKERDIRECTOR
Trustee or director
1$0
KIM RILEYDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
STEVE SWOFFORDPRESIDENT
Trustee or director, Officer
1$0
SUSAN DARIAVICE-PRESIDENT
Trustee or director, Officer
1$0
KELLEY PORTERTREASURER
Trustee or director, Officer
1$0
SARA H CROCKERDIRECTOR
Trustee or director
1$0
KIM RILEYDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2021: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVE SWOFFORDPRESIDENT
Trustee or director
1$0$402,749$55,667
KELLEY PORTERTREASURER
Trustee or director
1$0$127,021$15,104
SUSAN DARIAVICE-PRESIDENT
Trustee or director
1$0$0$0
GLADYS B JONESSECRETARY
Trustee or director
1$0$0$0
SARA H CROCKERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 862998, TUSCALOOSA, AL 35486-0027
In care of
% KAYCE BELL
Principal officer (990 for 2024)
STEVE SWOFFORD, PO BOX 862998, TUSCALOOSA, AL 35486
Signed the 990
STEVE SWOFFORD, BOARD PRESIDENT
Phone
(205) 469-5760
Return prepared by
BMSS LLC

Mission

THE ALABAMA CREDIT UNION FOUNDATION IS DEDICATED TO STRENGTHENING THE COMMUNITY AND IMPROVING THE QUALITY OF LIFE BOTH NOW AND FOR FUTURE GENERATIONS. THE ORGANIZATION IS A VEHICLE FOR PRIVATE DONORS TO MAKE A LASTING CONTRIBUTION TO OUR COMMUNITY. THE ORGANIZATION FULFILLS ITS MISSION BY EDUCATING THE PUBLIC ABOUT THE PRACTICE OF PHILANTHROPY AND ITS BENEFITS BOTH TO DONORS AND TO THE COMMUNITY, AND SERVES AS A CATALYST AND RESOURCE TO EFFECTIVELY RESPOND TO COMMUNITY PROBLEMS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION DEVELOPED THE "SECRET MEALS FOR HUNGRY CHILDREN" PROGRAM THROUGH PARTNERSHIPS WITH LOCAL FOOD BANKS WITH THE OBJECTIVE OF ADDRESSING THE ISSUE OF HUNGER FACING ELEMENTARY SCHOOL CHILDREN. THE PROGRAM SERVES MANY CHILDREN RECEIVING FREE OR REDUCED COST MEALS AT SCHOOL, BUT THE PROGRAM IS OPEN TO ANY CHILD IDENTIFIED BY SCHOOL OFFICIALS AS GOING HUNGRY OVER THE WEEKEND. THE SECRET MEALS PROGRAM SUPPLIES IDENTIFIED UNDER-NOURISHED ELEMENTARY SCHOOL-AGED CHILDREN WITH A 3.5 POUND FOOD PACKS IN THEIR BACKPACKS EVERY FRIDAY THROUGHOUT THE SCHOOL YEAR TO SUSTAIN THEM DURING THE WEEKEND FEEDING GAPS WHEN THEIR SCHOOL'S FREE/REDUCED COST MEALS ARE NOT AVAILABLE. THIS IS DONE ANONYMOUSLY, WHILE THE CHILDREN ARE OUT OF THE CLASSROOM, TO PREVENT THE CHILD FROM BEING SINGLED OUT OR MADE TO FEEL UNCOMFORTABLE. THE PROGRAM SERVES OVER 2,000 CHILDREN ACROSS SEVERAL COUNTIES IN ALABAMA.
    Expenses $246,981 · grants $246,981

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-5638180
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P30)
Assets (IRS master file)
$1,048,242
Income (IRS master file)
$426,322

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$410,874$247,661$1,048,242IRS
990December 2023$544,226$302,690$885,029XML
990December 2022$413,492$210,033$643,493IRS
990December 2021$342,712$249,717$440,034XML
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-5638180).

Questions about ALABAMA CREDIT UNION FOUNDATION INC

What is the EIN of ALABAMA CREDIT UNION FOUNDATION INC?
The employer identification number (EIN) of ALABAMA CREDIT UNION FOUNDATION INC is 45-5638180.
Is ALABAMA CREDIT UNION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to ALABAMA CREDIT UNION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALABAMA CREDIT UNION FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ALABAMA CREDIT UNION FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALABAMA CREDIT UNION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ALABAMA CREDIT UNION FOUNDATION INC?
The 990 for the year ended December 31, 2024 names STEVE SWOFFORD.
Who are the officers and directors of ALABAMA CREDIT UNION FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ALABAMA CREDIT UNION FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $410,874, expenses of $247,661 and total assets of $1,048,242 at year end.

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