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)
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
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
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
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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8Alabama Teachers Credit Union702 Walnut St, Gadsden, AL 35901-4139AL1971-06$12,942,623
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10Alabama Technology Network Foundation500 Beacon Pkwy W, Birmingham, AL 35209-3108AL1997-05$128,801
11Alabama Telco Credit Union1 Riverchase Pkwy S, Hoover, AL 35244-2008AL1971-06$33,396,219
12Alabama Telecommunications Management Association, Alabama Technology Members AssociationPo Box 530751, Mountain Brook, AL 35253-0751AL1984-12$0
13Alabama Tennis Association Inc3300 Highland Ave S, Birmingham, AL 35205-1411AL1979-03$1,199,468
14Alabama Textile Education Foundation IncTextile Bldg W Magnolia Ave, Auburn University, AL 36849-0001AL1967-10$239,934
15Alabama Tire Dealers Assn6096 County Road 434, Trinity, AL 35673-4104AL1986-09$89,629
16Alabama Tourism PartnershipPO BOX 210729, Montgomery, AL 36121-0729AL2006-03$53,870
17Alabama Trail Of Tears Corridor AssociationP O Box 11145, Huntsville, AL 35814AL1999-12$0
18Alabama Treasure Forest AssociationPO BOX 189, Chunchula, AL 36521-0189AL2004-07$158,355
19Alabama Trust For Historic PreservationStation 45, Livingston, AL 35470AL1988-10$569,797
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20 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
Number of affiliated organizations
Total57 is not associated with, endorsed by, or sponsored by Alabama Telco Credit Union and has no official or unofficial affiliation with Alabama Telco Credit Union