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Nonprofit · EIN 63-0421601

VALLEY CREDIT UNION

Tax-exempt · TUSCUMBIA, AL 35674

Financials

$4.2M$3.9M2023$4.9M$4.4M2024$5.4M$4.8M2025
Revenue Expenses · by fiscal year end
Financials of VALLEY CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,385,062$4,843,255$541,807$110,380,964$96,203,497$14,177,467
December 31, 2024990$4,861,176$4,421,347$439,829$103,235,318$90,802,313$12,433,005
December 31, 2023990$4,170,298$3,878,663$291,635$102,030,791$89,955,000$12,075,791
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,275,953
Investment income
$2,076,705
Other revenue
$32,404

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,187,389
Salaries, compensation and benefits (total)
$1,611,017
Professional fundraising fees
$0
Occupancy
$327,671
Management and general (functional)
$4,843,255

Balance sheet and other

Total assets, start of year
$103,235,318
Total assets, end of year
$110,380,964
Total liabilities, end of year
$96,203,497
Net assets, end of year
$14,177,467
Land, buildings and equipment
$2,321,852
Gross receipts
$5,385,062
Employees
40
Volunteers
11
Year formed
1956
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.

NameTitleHours / weekCompensationOther / benefits
DAWN TRUITTCEO/SEC/TREA
Trustee or director, Officer
40$186,550$44,727
ANTHONY RILEYBOARD PRESID
Trustee or director
1$0$0
SANDRA H JAMESBOARD VICE P
Trustee or director
1$0$0
DOUG WORLEYBOARD PRESID
Trustee or director
1$0$0
ROBERT MULLENBOARD VICE P
Trustee or director
1$0$0
DR JOHN LANDERSBOARD MEMBER
Trustee or director
1$0$0
DR RICHARD GARDNERBOARD MEMBER
Trustee or director
1$0$0
ROYCE MASSEYBOARD MEMBER
Trustee or director
1$0$0
OTIS JOHNSONBOARD MEMBER
Trustee or director
1$0$0
TIM MORGANSUPV COMM ME
Officer
1$0$0
BRITTANY GASTONSUPERVISORY
Officer
1$0$0
DR TIM MORGANSUPERVISOR C
Officer
1$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
DAWN TRUITTCEO/SEC/TREA
Trustee or director, Officer
40$176,539$40,599
ANTHONY RILEYBOARD PRESID
Trustee or director
1$0$0
SANDRA H JAMESBOARD VICE P
Trustee or director
1$0$0
DOUG WORLEYBOARD PRESID
Trustee or director
1$0$0
ROBERT MULLENBOARD VICE P
Trustee or director
1$0$0
DR JOHN LANDERSBOARD MEMBER
Trustee or director
1$0$0
DR RICHARD GARDNERBOARD MEMBER
Trustee or director
1$0$0
ROYCE MASSEYBOARD MEMBER
Trustee or director
1$0$0
OTIS JOHNSONBOARD MEMBER
Trustee or director
1$0$0
LARRY DANLEYSUPV COMM CH
Officer
1$0$0
BRITTANY GASTONSUPERVISORY
Officer
1$0$0
DR TIM MORGANSUPERVISORY
Officer
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
DAWN TRUITTCEO/SEC/TREA
Trustee or director, Officer
40$174,615$38,902
DR RICHARD GARDNERBOARD MEMBER
Trustee or director
1$0$0
DOUG WORLEYBOARD MEMBER
Trustee or director
1$0$0
DR JOHN LANDERSBOARD MEMBER
Trustee or director
1$0$0
OTIS JOHNSONBOARD MEMBER
Trustee or director
1$0$0
ROYCE MASSEYBOARD MEMBER
Trustee or director
1$0$0
SANDRA H JAMESBOARD MEMBER
Trustee or director
1$0$0
ROBERT MULLENBOARD PRESI
Trustee or director
1$0$0
ANTHONY RILEYBOARD VICE P
Trustee or director
1$0$0
LARRY DANLEYSUPV COMM CH
Officer
1$0$0
BRITTANY COBBSUPERVISORY
Officer
1$0$0
DR TIM MORGANSUPERVISORY
Officer
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 388, TUSCUMBIA, AL 35674-0388
In care of
% DAWN TRUITT
Principal officer (990 for 2025)
DAWN TRUITT, P O BOX 388, TUSCUMBIA, AL 356740388
Signed the 990
DAWN TRUITT, CEO/SEC/TREASURER
Phone
(256) 381-4800
Return prepared by
CREDIT UNION AUDIT GROUP

Mission

CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 6,032 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.

990 for the year ended December 31, 2025

Program accomplishments

  • THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.
    Expenses $3,432,824
  • THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
    Expenses $1,410,432

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
63-0421601
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$110,380,964
Income (IRS master file)
$5,385,062

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,385,062$4,843,255$110,380,964XML
990December 2024$4,861,176$4,421,347$103,235,318IRS
990December 2023$4,170,298$3,878,663$102,030,791XML
990December 2022$3,328,227$2,821,472$96,274,453IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 63-0421601).

Questions about VALLEY CREDIT UNION

What is the EIN of VALLEY CREDIT UNION?
The employer identification number (EIN) of VALLEY CREDIT UNION is 63-0421601.
Is VALLEY CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1972.
Are donations to VALLEY CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VALLEY 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 VALLEY 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 VALLEY 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 VALLEY CREDIT UNION?
The 990 for the year ended December 31, 2025 names DAWN TRUITT.
Who are the officers and directors of VALLEY CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $186,550 (DAWN TRUITT, CEO/SEC/TREA).
How much revenue does VALLEY CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,385,062, expenses of $4,843,255 and total assets of $110,380,964 at year end.

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