Max Credit Union

Montgomery, AL
Tax-exempt since June 1971
EIN: 36-4618706

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(14) State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$110M (2023)

Expenses

$84.3M (2023)

Total Assets

$2.08B (2023)

Total Liabilities

$1.9B (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$110,340,417

Expenses

$84,301,649

Net Income

$26,038,768

Net Assets

$179,403,060

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$82,730,990	75.0%
Investment Income	$22,905,387	20.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,704,040	4.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,679,469	3.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$20,317,277	24.1%

Assets/Debt
Total Assets	$2,080,252,064
Total Liabilities	$1,900,849,004
Net Assets	$179,403,060

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin E Head (President/Ceo)	$559,994	$0	$61,893
Timothy Marquardt (Chief Financial Officer)	$296,664	$0	$48,715
Clinton Dale Watkins (Chief Information Officer)	$286,218	$0	$48,433
Cheryl Payson (Chief Optns Excel Officer)	$264,614	$0	$45,139
Mike Hart (Evp Chief Operations Officer)	$260,204	$0	$34,991
Ron Creel (Svp Business Services)	$241,957	$0	$45,102
Sandra Branch (Chief Talent Officer)	$233,128	$0	$48,580
Ken Peavy (Vp Wealth Management)	$224,594	$0	$50,481
Sandra Downing (Wealth Advisor)	$223,732	$0	$30,346
Wendy Anderson (Chief Lending Officer)	$220,088	$0	$43,288
Elizabeth Moseley (Vp Business Services)	$217,548	$0	$43,175
William Epperson (Chief Retail Officer)	$209,643	$0	$46,859
Lynette Cupps (Chief Growth Officer)	$185,818	$0	$41,702
A Kelli Wise (Director)	$0	$0	$0
K Sue Jackson (Secretary)	$0	$0	$0
Barbara T Starr (Chairman)	$0	$0	$0
James W Solze Jr (Treasurer)	$0	$0	$0
John Averrett (Vice Chair)	$0	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Carl Whatley (Director)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0
James Littlejohn (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$81,267,225

Expenses

$62,954,777

Net Income

$18,312,448

Net Assets

$140,140,288

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$68,868,666	84.7%
Investment Income	$13,513,563	16.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,115,004
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,260,572	3.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$19,865,610	31.6%

Assets/Debt
Total Assets	$1,964,438,398
Total Liabilities	$1,824,298,110
Net Assets	$140,140,288

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin E Head (President/Ceo)	$505,566	$0	$67,634
Dg Markwell (Chief Marketing Officer)	$292,906	$0	$2,181
Timothy Marquardt (Chief Financial Officer)	$279,075	$0	$48,457
Wayne Blackwell (Svp/Chief Retail Officer)	$273,009	$0	$46,877
Cheryl Payson (Svp/Chief Support Officer)	$249,583	$0	$37,686
Kenneth Hill (Vp Mortgage Services)	$218,848	$0	$38,358
Sandra Branch (Chief Talent Officer)	$213,756	$0	$45,171
Clinton Dale Watkins (Chief Information Officer)	$213,616	$0	$29,306
Ken Peavy (Vp Wealth Management)	$209,648	$0	$48,367
Wendy Anderson (Chief Lending Officer)	$204,403	$0	$42,946
Elizabeth Moseley (Vp Business Services)	$203,845	$0	$39,355
Ron Creel (Svp Business Services)	$197,076	$0	$43,372
William Epperson (Svp Customer Experience)	$176,691	$0	$43,888
A Kelli Wise (Director)	$1,913	$0	$0
K Sue Jackson (Secretary)	$1,574	$0	$0
Barbara T Starr (Chairman)	$0	$0	$0
James W Solze Jr (Treasurer)	$0	$0	$0
John Averrett (Vice Chair)	$0	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Carl L Whatley (Director)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0
James Littlejohn (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$76,797,432

Expenses

$60,006,358

Net Income

$16,791,074

Net Assets

$217,911,767

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$68,304,432	88.9%
Investment Income	$7,434,424	9.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,058,576	1.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,085,461	3.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$19,498,137	32.5%

Assets/Debt
Total Assets	$2,021,706,470
Total Liabilities	$1,803,794,703
Net Assets	$217,911,767

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin Edward Head (President/Ceo)	$481,088	$0	$52,639
Tim Marquardt (Svp/Cfo)	$271,018	$0	$45,485
Kenneth Hill (Vp Mortgage Services)	$267,028	$0	$34,553
Wayne Blackwell (Svp/Chief Retail Officer)	$265,659	$0	$42,814
Cheryl Payson (Svp/Chief Support Officer)	$243,096	$0	$34,038
Ken Peavy (Financial Advisor)	$233,246	$0	$41,935
Wendy Anderson (Avp Consumer Underwriting)	$202,126	$0	$34,829
Ron Creel (Svp Business Services)	$201,412	$0	$37,930
Bruce Chafin (Svp Max Capital)	$194,934	$0	$38,152
Sandra Branch (Svc Ctr Consultant Iii)	$194,271	$0	$40,094
Dg Markwell (Chief Marketing Officer)	$182,988	$0	$37,342
K Sue Jackson (Secretary)	$2,086	$0	$0
Barbara T Starr (Chairman)	$1,315	$0	$0
James W Solze Jr (Treasurer)	$0	$0	$0
A Kelli Wise (Director)	$0	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Carl L Whatley (Director)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0
John Averrett (Vice Chair)	$0	$0	$0

+ View more people

990

Filed on Nov. 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$78,182,943

Expenses

$67,246,495

Net Income

$10,936,448

Net Assets

$221,606,788

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$68,808,960	88.0%
Investment Income	$7,880,988	10.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,492,995	1.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,074,328	3.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$18,803,811	28.0%

Assets/Debt
Total Assets	$1,769,448,467
Total Liabilities	$1,547,841,679
Net Assets	$221,606,788

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin Edward Head (President/Ceo)	$504,366	$0	$58,002
Kenneth Hill (Vp Mortgage Services)	$270,482	$0	$28,832
Wayne Blackwell (Svp/Chief Retail Officer)	$250,058	$0	$39,591
Tim Marquardt (Svp/Cfo)	$246,310	$0	$41,736
Scott Lindley (Svp/Cio)	$223,223	$0	$40,394
Cheryl Payson (Svp/Chief Support Officer)	$223,060	$0	$30,283
Sandra Stenger (Svc Ctr Consultant Iii)	$197,001	$0	$35,051
Ken Peavy (Financial Advisor)	$183,880	$0	$36,041
Ron Creel (Svp Business Services)	$178,791	$0	$31,956
Bruce Chafin (Svp Max Capital)	$168,849	$0	$31,218
Dg Markwell (Chief Marketing Officer)	$161,882	$0	$30,026
Wendy Anderson (Avp Consumer Underwriting)	$156,669	$0	$28,584
Barbara T Starr (Chairman)	$0	$0	$0
John Averrett (Vice Chair)	$0	$0	$0
K Sue Jackson (Secretary)	$0	$0	$0
James W Solze Jr (Treasurer)	$0	$0	$0
A Kelli Wise (Director)	$0	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0
Carl L Whatley Jr (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 8, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$74,745,325

Expenses

$63,321,492

Net Income

$11,423,833

Net Assets

$204,773,107

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$65,330,563	87.4%
Investment Income	$9,431,527	12.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$16,765
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,122,209	3.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$17,725,808	28.0%

Assets/Debt
Total Assets	$1,460,586,194
Total Liabilities	$1,255,813,087
Net Assets	$204,773,107

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin Edward Head (President/Ceo)	$320,103	$0	$45,374
Greg Mcclellan (President/Ceo)	$282,842	$0	$26,761
Tim Marquardt (Svp/Cfo)	$239,639	$0	$37,846
Wayne Blackwell (Svp/Chief Retail Officer)	$223,960	$0	$35,828
Scott Lindley (Svp/Cio)	$216,937	$0	$37,334
Cheryl Payson (Svp/Chief Support Officer)	$214,439	$0	$26,944
Kenneth Hill (Vp Mortgage Services)	$195,660	$0	$28,334
Ken Peavy (Financial Advisor)	$194,191	$0	$35,392
Bruce Chafin (Svp Max Capital)	$182,005	$0	$32,054
Ron Creel (Svp Business Services)	$179,315	$0	$31,699
Dg Markwell (Chief Marketing Officer)	$178,212	$0	$31,441
Sandra Stenger (Svc Ctr Consultant Iii)	$170,195	$0	$32,417
Martee Moseley (Vp Business Services)	$155,322	$0	$29,119
Barbara T Starr (Chairman)	$1,150	$0	$0
James W Solze Jr (Director)	$787	$0	$0
Keivan Deravi (Chairman)	$0	$0	$0
Bradley L Sanders (Treasurer)	$0	$0	$0
K Sue Jackson (Secretary)	$0	$0	$0
A Kelli Wise (Director)	$0	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0
John Averrett (Director)	$0	$0	$0

+ View more people

990

Filed on July 10, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Revenue

$69,231,901

Expenses

$58,628,214

Net Income

$10,603,687

Net Assets

$186,858,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$60,776,075	87.8%
Investment Income	$8,359,300	12.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$96,526	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$801,441	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$18,237,945	31.1%

Assets/Debt
Total Assets	$1,365,063,060
Total Liabilities	$1,178,204,202
Net Assets	$186,858,858

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg Mcclellan (Top Management Official)	$446,963	$0	$41,402
Tim Marquardt (Top Financial Officer)	$231,179	$0	$37,316
Martin Edward Head (Svp/Clo)	$229,155	$0	$36,598
Wayne Blackwell (Svp/Chief Retail Officer)	$219,250	$0	$35,484
Scott Lindley (Svp/Cio)	$210,707	$0	$37,073
Cheryl Payson (Svp/Chief Support Officer)	$207,301	$0	$34,011
Bruce Chafin (Svp Max Capital)	$180,855	$0	$31,588
Kelli Wise (Director)	$16,182	$0	$0
Barbara T Starr (Vice Chariman)	$16,001	$0	$0
James W Solze Jr (Director)	$9,636	$0	$0
K Sue Jackson (Secretary)	$2,762	$0	$0
Bradley L Sanders (Treasurer)	$0	$0	$0
Daniel L Dunaway (Vice Chairman Part Year)	$0	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Keivan Deravi (Chairman)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0
John Averrett (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 7, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$63,858,807

Expenses

$54,547,429

Net Income

$9,311,378

Net Assets

$177,919,435

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$56,198,204	88.0%
Investment Income	$7,325,346	11.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$335,257	0.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$769,306	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$17,633,080	32.3%

Assets/Debt
Total Assets	$1,315,416,754
Total Liabilities	$1,137,497,319
Net Assets	$177,919,435

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg Mcclellan (Top Management Official)	$419,545	$0	$39,586
Tim Marquardt (Top Financial Officer)	$225,252	$0	$35,619
Martin Edward Head (Svp/Clo)	$222,189	$0	$35,043
Wayne Blackwell (Svp/Chief Retail Officer)	$211,079	$0	$33,966
Scott Lindley (Svp/Cio)	$210,336	$0	$34,644
Ken Peavy (Vp/Wealth Management)	$206,235	$0	$35,676
Cheryl Payson (Svp/Chief Support Officer)	$197,491	$0	$32,224
Barbara T Starr (Treasurer)	$16,664	$0	$0
Bradley L Sanders (Director)	$14,168	$0	$0
Daniel L Dunaway (Vice Chairman)	$12,375	$0	$0
K Sue Jackson (Secretary)	$2,064	$0	$0
A Kelli Wise (Director)	$1,782	$0	$0
James W Solze Jr (Director)	$1,136	$0	$0
Gary Tomlin (Director)	$1,115	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Keivan Deravi (Chairman)	$0	$0	$0

+ View more people

990

Filed on Nov. 9, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$61,073,107

Expenses

$52,920,659

Net Income

$8,152,448

Net Assets

$170,241,006

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$53,652,341	87.8%
Investment Income	$6,459,884	10.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$960,882	1.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$777,617	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$17,015,871	32.2%

Assets/Debt
Total Assets	$1,242,870,839
Total Liabilities	$1,072,629,833
Net Assets	$170,241,006

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg Mcclellan (President/Ceo)	$421,560	$0	$39,691
Martin Edward Head (Svp/Clo)	$234,067	$0	$32,722
Tim Marquardt (Svp/Cfo)	$221,984	$0	$33,212
Wayne Blackwell (Svp/Chief Retail Officer)	$211,349	$0	$32,233
Scott Lindley (Svp/Cio)	$205,652	$0	$32,257
Cheryl Payson (Svp/Chief Support Officer)	$193,427	$0	$30,894
Bruce Chafin (Svp Max Capital Leasing)	$177,317	$0	$28,120
K Sue Jackson (Secretary)	$10,591	$0	$0
James W Solze Jr (Director)	$9,806	$0	$0
A Kelli Wise (Director)	$8,539	$0	$0
Daniel L Dunaway (Vice Chairman)	$8,389	$0	$0
Barbara T Starr (Treasurer)	$8,020	$0	$0
Lloyd Woodman Jr (Director)	$7,995	$0	$0
Bradley L Sanders (Director)	$7,830	$0	$0
Keivan Deravi (Chairman)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0

+ View more people

990

Filed on Oct. 2, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$59,535,668

Expenses

$50,831,569

Net Income

$8,704,099

Net Assets

$163,279,452

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$31,427,938	52.8%
Investment Income	$6,741,791	11.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$550,425	0.9%
Net Inventory Sales	$0
Other Revenue	$20,815,514	35.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$923,523	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$15,786,229	31.1%

Assets/Debt
Total Assets	$1,178,199,681
Total Liabilities	$1,014,920,229
Net Assets	$163,279,452

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg Mcclellan (President/Ceo)	$410,333	$0	$38,032
Martin Edward Head (Svp/Clo)	$210,453	$0	$29,496
Wayne Blackwell (Svp/Chief Retail Officer)	$208,792	$0	$30,768
Tim Marquardt (Svp/Cfo)	$205,158	$0	$30,440
Scott Lindley (Svp/Cio)	$197,576	$0	$29,693
Cheryl Payson (Svp/Chief Support Officer)	$188,556	$0	$29,274
Sandra Downing (Investmax Manager)	$184,983	$0	$19,267
Bruce Chafin (Svp Max Capital Leasing)	$172,049	$0	$20,075
Bradley L Sanders (Vice Chairman)	$0	$0	$0
Daniel L Dunaway (Director)	$0	$0	$0
K Sue Jackson (Secretary)	$0	$0	$0
James W Solze Jr (Director)	$0	$0	$0
Barbara T Starr (Chairman)	$0	$0	$0
A Kelli Wise (Director)	$0	$0	$0
Lloyd Woodman Jr (Director)	$0	$0	$0
Keivan Deravi (Treasurer)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0

+ View more people

990

Filed on Aug. 5, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$57,625,876

Expenses

$46,902,404

Net Income

$10,723,472

Net Assets

$157,091,576

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$30,036,179	52.1%
Investment Income	$6,917,901	12.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$501,981	0.9%
Net Inventory Sales	$0
Other Revenue	$20,169,815	35.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$908,567	1.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$14,041,184	29.9%

Assets/Debt
Total Assets	$1,092,065,087
Total Liabilities	$934,973,511
Net Assets	$157,091,576

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg Mcclellan (President/Ceo)	$393,244	$0	$36,531
Wayne Blackwell (Svp Member Service/Admin)	$200,714	$0	$29,842
Martin Edward Head (Svp Business Services)	$194,781	$0	$27,615
Tim Marquardt (Svp/Cfo)	$190,555	$0	$28,676
Scott Lindley (Svp/Cio)	$189,126	$0	$28,795
Cheryl Payson (Svp Technology Support)	$180,997	$0	$28,069
Bruce Chafin (Svp Capital Leasing)	$177,582	$0	$18,467
Donald G Markwell (Svp Marketing)	$144,597	$0	$24,844
Daniel L Dunaway (Director)	$6,892	$0	$0
Lloyd Woodman Jr (Director)	$6,004	$0	$0
Barbara T Starr (Chairman)	$5,792	$0	$0
A Kelli Wise (Director)	$4,632	$0	$0
Bradley L Sanders (Vice Chairman)	$3,414	$0	$0
James W Solze Jr (Director)	$1,292	$0	$0
Gary Tomlin (Director)	$979	$0	$0
K Sue Jackson (Secretary)	$0	$0	$0
Keivan Deravi (Treasurer)	$0	$0	$0

+ View more people

990

Filed on Oct. 23, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$55,116,384

Expenses

$48,175,602

Net Income

$6,940,782

Net Assets

$142,146,266

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$28,247,801	51.3%
Investment Income	$5,988,491	10.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$49,438	0.1%
Net Inventory Sales	$0
Other Revenue	$20,830,654	37.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,117,205	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$13,056,565	27.1%

Assets/Debt
Total Assets	$1,034,932,163
Total Liabilities	$892,785,897
Net Assets	$142,146,266

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg Mcclellan (President/Ceo)	$381,815	$0	$37,426
Mark Ziegler (Svp Lending)	$247,488	$0	$26,859
Martin Edward Head (Svp Business Services)	$200,503	$0	$26,556
Wayne Blackwell (Svp Member Service)	$192,967	$0	$29,790
Scott Lindley (Svp/Cio)	$175,498	$0	$28,810
Bruce Chafin (Svp Capital Leasing)	$174,173	$0	$18,196
Cheryl Payson (Svp Strategic Initiatives)	$169,339	$0	$27,820
Sandra Downing (Investmax Manager)	$165,402	$0	$21,558
Tim Marquardt (Svp/Cfo)	$156,633	$0	$12,694
Barbara T Starr (Chairman)	$6,226	$0	$0
Daniel L Dunaway (Director)	$5,278	$0	$0
Bradley L Sanders (Vice Chairman)	$4,000	$0	$0
James W Solze Jr (Director)	$3,661	$0	$0
Lloyd Woodman Jr (Director)	$3,629	$0	$0
A Kelli Wise (Director)	$3,336	$0	$0
K Sue Jackson (Secretary)	$2,750	$0	$0
Jeffrey D Cavanaugh (Director)	$2,653	$0	$0
Keivan Deravi (Treasurer)	$0	$0	$0
Gary Tomlin (Director)	$0	$0	$0

+ View more people

990

Filed on Oct. 15, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$50,449,069

Expenses

$43,034,680

Net Income

$7,414,389

Net Assets

$142,446,481

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$27,237,120	54.0%
Investment Income	$1,851,641	3.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$143,642	0.3%
Net Inventory Sales	$0
Other Revenue	$21,216,666	42.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,113,922	2.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$12,978,157	30.2%

Assets/Debt
Total Assets	$981,295,811
Total Liabilities	$838,849,330
Net Assets	$142,446,481

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Max Credit Union

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $110M (2023)

Expenses $84.3M (2023)

Total Assets $2.08B (2023)

Total Liabilities $1.9B (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$110M (2023)

Expenses

$84.3M (2023)

Total Assets

$2.08B (2023)

Total Liabilities

$1.9B (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007