Skip to content
ProPublica Donate
ProPublica Donate

Alatrust Credit Union

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$9.94M (2023)

Expenses
$8.03M (2023)

Total Assets
$199M (2023)

Total Liabilities
$183M (2023)

Source: Form 990 tax filings from 2011 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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,937,960
Expenses
$8,033,194
Net Income
$1,904,766
Net Assets
$16,226,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,937,960
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $475,891
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,842,586
22.9%
Assets/Debt
Total Assets $199,335,118
Total Liabilities $183,108,794
Net Assets $16,226,324
Compensation
Key Employees and Officers Compensation Related Other
George S Steve Nix (Ceo & Board Treasurer) $333,966 $0 $47,246
Shelley Mclaughlin (Vp Of Administration) $133,746 $0 $22,055
Kevin Lott (Loan Manager) $108,191 $0 $20,538
Michelle Crumbley (Accounting Manager) $84,981 $0 $9,698
Dr Bascom Henry Woodward (Chairman Of The Board) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Phillip Woods (Director Vice Chairman) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Alvin Washington (Director) $0 $0 $0
Dr Simpson Berry Jr (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0
Dr Perry Ward (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,462,340
Expenses
$6,122,684
Net Income
$2,339,656
Net Assets
$14,434,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,462,340
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $421,525
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,653,897
27.0%
Assets/Debt
Total Assets $187,319,143
Total Liabilities $172,884,154
Net Assets $14,434,989
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (Ceo & Board Treasurer) $291,951 $0 $52,652
Shelley Mclaughlin (Vp Of Administration) $115,390 $0 $18,434
Kevin Lott (Loan Manager) $102,730 $0 $17,903
Michelle Crumbley (Accounting Manager) $76,922 $0 $0
Dr Bascom Henry Woodward (Chairman Of The Board) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Phillip Woods (Director Vice Chairman) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Alvin Washington (Director) $0 $0 $0
Dr Simpson Berry Jr (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0
Perry Ward (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,977,892
Expenses
$5,739,206
Net Income
$1,238,686
Net Assets
$21,711,165
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,977,892
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $409,286
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,496,921
26.1%
Assets/Debt
Total Assets $183,851,968
Total Liabilities $162,140,803
Net Assets $21,711,165
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (Ceo & Board Treasurer) $276,890 $0 $38,316
Shelley Mclaughlin (Vp Of Administration) $103,335 $0 $42,462
Michelle Crumbley (Accounting Manager) $70,226 $0 $23,854
Dr Bascom Henry Woodward (Chairman Of The Board) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Phillip Woods (Director Vice Chairman) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Alvin Washington (Director) $0 $0 $0
Dr Simpson Berry Jr (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0
Perry Ward (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,665,159
Expenses
$5,691,968
Net Income
$973,191
Net Assets
$20,741,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,665,159
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $296,646
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,510,761
26.5%
Assets/Debt
Total Assets $160,346,083
Total Liabilities $139,605,044
Net Assets $20,741,039
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (Ceo & Board Treasurer) $275,516 $0 $21,130
Dr Bascom Henry Woodward (Chairman Of The Board) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Phillip Woods (Director Vice Chairman) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Alvin Washington (Director) $0 $0 $0
Dr Simpson Berry Jr (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,643,637
Expenses
$5,667,246
Net Income
$976,391
Net Assets
$18,659,219
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,643,637
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $311,646
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,512,002
26.7%
Assets/Debt
Total Assets $140,643,251
Total Liabilities $121,984,032
Net Assets $18,659,219
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (Ceo & Board Treasurer) $272,750 $0 $38,896
Dr Bascom Henry Woodward (Chairman Of The Board) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Dr Wayman Shiver (Director Treasurer (Former)) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Phillip Woods (Director Vice Chairman) $0 $0 $0
Dr Simpson Berry Jr (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
Alvin Washington (Director) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,181,928
Expenses
$5,159,772
Net Income
$1,022,156
Net Assets
$16,330,844
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,181,928
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $347,710
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,441,394
27.9%
Assets/Debt
Total Assets $135,666,611
Total Liabilities $119,335,767
Net Assets $16,330,844
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (Ceo) $240,666 $0 $26,784
Stan Mitchell (Vice President Of Operatio) $77,560 $0 $2,700
Dr Henry Woodward (Chairperson) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Dr Wayman Shiver (Director Treasurer) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Phillip Woods (Director Vice Chair) $0 $0 $0
Dr Billy T Marsh (Director) $0 $0 $0
Dr Simpson Berry (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
Alvin Washington (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,557,016
Expenses
$5,131,316
Net Income
$425,700
Net Assets
$15,783,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,557,016
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $371,202
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,344,244
26.2%
Assets/Debt
Total Assets $134,189,689
Total Liabilities $118,406,230
Net Assets $15,783,459
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (Ceo) $232,530 $0 $21,102
Stan Mitchell (Vice President Of Operations) $112,950 $0 $4,620
Dr Henry Woodward (Chairperson) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Dr Wayman Shiver (Director Treasurer) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Phillip Woods (Director Vice Chair) $0 $0 $0
Dr Billy T Marsh (Director) $0 $0 $0
Dr Simpson Berry (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
Alvin Washington (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,642,688
Expenses
$5,132,157
Net Income
$510,531
Net Assets
$15,385,376
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,642,688
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $351,758
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,208,068
23.5%
Assets/Debt
Total Assets $132,941,820
Total Liabilities $117,556,444
Net Assets $15,385,376
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (President) $225,061 $0 $16,436
Stan Mitchell (Vice President) $106,324 $0 $3,937
Dr Henry Woodward (Chairperson) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Dr Wayman Shiver (Director Treasurer) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Phillip Woods (Director Vice Chair) $0 $0 $0
Dr Billy T Marsh (Director) $0 $0 $0
Dr Simpson Berry (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
Alvin Washington (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,944,109
Expenses
$5,294,424
Net Income
$649,685
Net Assets
$15,947,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,944,109
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $322,908
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,253,963
23.7%
Assets/Debt
Total Assets $132,551,766
Total Liabilities $116,604,063
Net Assets $15,947,703
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (President) $208,089 $0 $18,281
Stan Mitchell (Vice President) $92,877 $0 $3,661
Dr Henry Woodward (Chairperson) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Dr Wayman Shiver (Director Treasurer) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Phillip Woods (Director Vice Chair) $0 $0 $0
Dr Billy T Marsh (Director) $0 $0 $0
Dr Simpson Berry (Director) $0 $0 $0
Ken Wasmund (Supervisory Committee) $0 $0 $0
Alvin Washington (Supervisory Committee) $0 $0 $0
John Roberts (Supervisory Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,664,090
Expenses
$4,998,403
Net Income
$665,687
Net Assets
$15,873,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,664,090
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $361,434
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,238,342
24.8%
Assets/Debt
Total Assets $129,158,517
Total Liabilities $113,284,533
Net Assets $15,873,984

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,039,338
Expenses
$7,695,044
Net Income
-$1,655,706
Net Assets
$15,438,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,039,338
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $350,584
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,399,237
18.2%
Assets/Debt
Total Assets $130,592,656
Total Liabilities $115,154,322
Net Assets $15,438,334
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Steve Nix (President) $200,576 $0 $13,473
John Wheeler (Vice President) $119,656 $0 $16,879
Dr Bascom Woodward (Chairperson) $0 $0 $0
Donald Duck (Director Secretary) $0 $0 $0
Dr Waymon Shiver (Director Treasurer) $0 $0 $0
Martha Wise (Director) $0 $0 $0
Phillip Woods (Director Vice Chair) $0 $0 $0
Dr Billy T Marsh (Director) $0 $0 $0
Dr Simpson Berry (Director) $0 $0 $0
Deborah Horn (Supervisor Committee) $0 $0 $0
Jeff Wallace (Supervisor Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,411,156
Expenses
$5,789,231
Net Income
$621,925
Net Assets
$15,507,788
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,411,156
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $298,263
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,327,413
22.9%
Assets/Debt
Total Assets $124,433,709
Total Liabilities $108,925,921
Net Assets $15,507,788

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,778,937
Expenses
$6,172,000
Net Income
$606,937
Net Assets
$14,381,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,778,937
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $296,315
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,239,992
20.1%
Assets/Debt
Total Assets $117,229,806
Total Liabilities $102,848,119
Net Assets $14,381,687

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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 »

See an issue with the data?

Contact Us