Nonprofit · EIN 63-0371534
L & N CREDIT UNION
Tax-exempt · BIRMINGHAM, AL 35217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $581,891 | $744,069 | -$162,178 | $7,992,445 | $6,406,500 | $1,585,945 |
| December 31, 2024 | 990 | $607,866 | $701,241 | -$93,375 | $8,190,034 | $6,441,911 | $1,748,123 |
| December 31, 2023 | 990 | $603,931 | $601,786 | $2,145 | $8,639,376 | $6,797,878 | $1,841,498 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $466,769
- Investment income
- $115,122
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $103,860
- Salaries, compensation and benefits (total)
- $320,214
- Professional fundraising fees
- $0
- Legal fees
- $5,669
- Accounting fees
- $21,314
- Occupancy
- $43,528
- Depreciation
- $25,378
- Management and general (functional)
- $744,069
Balance sheet and other
- Total assets, start of year
- $8,190,034
- Total assets, end of year
- $7,992,445
- Total liabilities, end of year
- $6,406,500
- Net assets, end of year
- $1,585,945
- Land, buildings and equipment
- $95,295
- Gross receipts
- $581,891
- Employees
- 8
- Volunteers
- 5
- Year formed
- 1952
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michelle Cooper | Manager/President Key employee, Highest-paid employee | 40 | $103,860 |
| David Honeycutt | Director Trustee or director, Officer | 1 | $0 |
| Earnest Long Sr | Chairman Trustee or director, Officer | 1 | $0 |
| Ralph Sullins | Secretary Trustee or director, Officer | 1 | $0 |
| John Pate | Treasurer Trustee or director, Officer | 1 | $0 |
| Dwight Miller | Vice Chair Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michelle Cooper | Manager/President Key employee, Highest-paid employee | 40 | $101,360 |
| David Honeycutt | Director Trustee or director, Officer | 1 | $0 |
| Earnest Long Sr | Chairman Trustee or director, Officer | 1 | $0 |
| Ralph Sullins | Secretary Trustee or director, Officer | 1 | $0 |
| John Pate | Treasurer Trustee or director, Officer | 1 | $0 |
| Dwight Miller | Vice Chair Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michelle Cooper | Manager/President Highest-paid employee | 40 | $79,368 |
| David Honeycutt | Director Trustee or director, Officer | 1 | $0 |
| Earnest Long Sr | Chairman Trustee or director, Officer | 1 | $0 |
| Ralph Sullins | Secretary Trustee or director, Officer | 1 | $0 |
| John Pate | Treasurer Trustee or director, Officer | 1 | $0 |
| Dwight Miller | Vice Chair Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4101 VANDERBILT RD, BIRMINGHAM, AL 35217-3807
- In care of
- % MICHELLE COOPER
- Principal officer (990 for 2025)
- Michelle Cooper, 4101 Vanderbilt Road, Birmingham, AL 35217
- Signed the 990
- Michelle Cooper, President
- Phone
- (205) 841-2544
- Website
- www.mylncu.com
Mission
To be the primary financial institution within our field of membership. We will provide quality financial products and services to our members. Our goal is to offer value to our membership in loan rates, deposit rates, products, and exceptional member service. We will strive to provide a challenging work environment for our employees that encourages, develops, and rewards hard work and excellence.
Program accomplishments
- Ongoing assessment of the financial industry, adjusting rates on savings instruments, lending vehicles, and additional services to achieve maximum benefit to the membership, while continuing to maintain capital.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0371534
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1422: ALABAMA CREDIT UNION ADMINISTRATION
- Assets (IRS master file)
- $7,992,445
- Income (IRS master file)
- $581,891
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $581,891 | $744,069 | $7,992,445 | XML |
| 990 | December 2024 | $607,866 | $701,241 | $8,190,034 | XML |
| 990 | December 2023 | $603,931 | $601,786 | $8,639,376 | XML |
| 990 | December 2022 | $561,023 | $622,655 | $9,744,761 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 63-0371534).
Questions about L & N CREDIT UNION
- What is the EIN of L & N CREDIT UNION?
- The employer identification number (EIN) of L & N CREDIT UNION is 63-0371534.
- Is L & N CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1971.
- Are donations to L & N CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does L & N CREDIT UNION 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 L & N CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did L & N CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of L & N CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Michelle Cooper.
- Who are the officers and directors of L & N CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $103,860 (Michelle Cooper, Manager/President).
- How much revenue does L & N CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $581,891, expenses of $744,069 and total assets of $7,992,445 at year end.
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