Alabama Telco Credit Union in Hoover, Alabama (AL)

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Alabama Telco Credit Union
Employer Identification Number (EIN)630207315
Name of OrganizationAlabama Telco Credit Union
In Care of NameLinda Cencula
Address1 Riverchase Pkwy S, Hoover, AL 35244-2008
ActivitiesLoans or credit reporting
SubsectionCredit Union
Ruling Date06/1971
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$578,574,362
Amount of Income$33,396,219
Form 990 Revenue Amount$33,396,219


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$33,396,219
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$21,125,327
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,053,588
Income from investment of tax-exempt bond proceeds$0
Royalties$19,128
Net rental income$0
Gross rents (Real / Personal)$6,657 / $0
Less: rental expenses (Real / Personal)$6,657 / $0
Rental income or (loss) (Real / Personal)$0 / $0
Net gain from sales of assets other than inventory$138,517
Gross amount from sales of assets other than inventory (Securities / Other)$61,972,820 / $14,156
Less: cost or other basis and sales expenses (Securities / Other)$61,848,459 / $0
Gain or (loss) (Securities / Other)$124,361 / $14,156
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$9,059,659
Statement of Functional Expenses (for 2011)
Total functional expenses$29,965,437
Compensation of current officers, directors, trustees, and key employees$1,010,088
Other salaries and wages$6,259,508
Payroll taxes$491,322
Professional fundraising services$0
Other$22,204,519
Balance Sheet (for 2011)
Total assets$578,574,362
Total liabilities$522,775,372
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$522,775,372
Total net assets or fund balances$55,798,990
Retained earnings, endowment, accumulated income, or other funds$55,798,990
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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30 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralAlabama Credit Union Administration, Group Return1789 Cong Wm L Dickinson Dr, Montgomery, AL 36109AL1941-12$30,129,191
SubordinateCredit Unions In The State Of Alabama, Apco Employees750 17th St N, Birmingham, AL 35203-2020AL1941-12$62,807,510
SubordinateCorporate America Credit Union, Corporate America4365 Crescent Rd, Irondale, AL 35210-1774AL1971-06$53,239,873
SubordinateCredit Unions In The State Of Alabama, Listerhill C UPO BOX 566, Sheffield, AL 35660-0566AL1971-06$51,867,323
SubordinateCredit Unions In The State Of Alabama, Family Security Credit Union2204 Family Security Pl Sw, Decatur, AL 35603-5500AL1958-08$39,395,248
SubordinateCredit Unions Of Alabama, Alabama Credit Union220 Paul Bryant Drive, Tuscaloosa, AL 35401AL1941-12$34,581,229
SubordinateAlabama Telco Credit Union1 Riverchase Pkwy S, Hoover, AL 35244-2008AL1971-06$33,396,219
SubordinateCredit Unions In The State Of Alabama, Winsouth Community Credit Union110 S 26th St, Gadsden, AL 35904-1935AL1971-06$15,462,818
SubordinateCredit Unions In The State Of Alabama, Five Star Credit Union411 North Foster Street, Dothan, AL 36303-4623AL1941-12$13,948,724
SubordinateAlabama Teachers Credit Union702 Walnut St, Gadsden, AL 35901-4139AL1971-06$12,942,623
SubordinateAlabama Credit Union Administration, Credit Nions In The State Of Alabam2040 Valleydale Rd, Hoover, AL 35244-2006AL1971-06$12,196,608
SubordinateGuardian Credit Union418 Madison Ave, Montgomery, AL 36104-3630AL1971-06$11,286,297
SubordinateCredit Union, New Horizons622 Azalea Rd, Mobile, AL 36609-1530AL1972-12$10,461,335
SubordinateAlabama State Employees Credit UnionPO BOX 231150, Montgomery, AL 36123-1150AL1971-06$10,423,434
SubordinateAlabama Credit Union Adminstration, Alabama Central Credit Union3601 4th Ave S, Birmingham, AL 35222-2417AL1971-06$10,373,264
SubordinateCredit Unions In The State Of Alabama, Fort Mcclellan Credit UnionPO BOX 5250, Anniston, AL 36205-0250AL1967-01$6,832,640
SubordinateFirst Educators Credit Union, Credit Unions In The State Of AlabaPO BOX 36489, Birmingham, AL 35236-6489AL1970-06$6,411,156
SubordinateCredit Unions In The State Of Alabama, Eco Credit UnionPO BOX 2385, Birmingham, AL 35201-2385AL1971-06$5,968,334
SubordinateCredit Unions In The State Of Alabama, Tusc Teachers C U2520 6th St, Tuscaloosa, AL 35401-1702AL1941-12$4,795,785
SubordinateCredit Unions In The State Of Alabama, Jefferson Credit Union716 N Richard Arrington Jr Blv, Birmingham, AL 35203-0100AL1971-06$4,196,764
SubordinateNorth Alabama Educators Credit UnionPO BOX 128, Huntsville, AL 35804-0128AL1971-06$4,003,316
SubordinateLandmark Credit UnionPO BOX 150, Fairfield, AL 35064-0150AL1971-06$3,619,473
SubordinateCredit Unions In The State Of Alabama, Riverdale Credit Union601 County Road 78, Selma, AL 36703-8311AL1958-08$3,563,935
SubordinateCredit Unions In The State Of Alabama, Mobile Educators3150 Airport Blvd, Mobile, AL 36606-3803AL1967-01$3,554,156
SubordinateNaheola Credit UnionPo Bix 102, Pennington, AL 36916AL1958-08$3,512,293
SubordinateCredit Unions Chartered In The State Of Alabama, Tuscaloosa Credit UnionPO BOX 1518, Tuscaloosa, AL 35403-1518AL1941-12$3,289,624
SubordinateAlabama 1st Capital Credit Union1000 Jack Warner Pkwy, Tuscaloosa, AL 35404AL1971-06$2,700,050
SubordinateCredit Unions In The State Of Dch Credit Union, Druid City Hospital Dch1008 Veterans Memorial Parkway, Tuscaloosa, AL 35404-5811AL1971-06$2,644,425
SubordinateCredit Unions In The State Of Alabama, Wolverine1616 Church St Se, Decatur, AL 35601-3410AL1971-06$1,502,074
SubordinateCredit Unions In The State Of Alabama, Azalea City Credit Union505 Boulevard Park E, Mobile, AL 36609-3425AL1941-12$1,489,953
Number of affiliated organizations
Alabama57
Total57

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