North Alabama Educators Credit Union
North Alabama Educators Credit Union's network
9 people3 organisationsi9 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Waymon Burke Chair | Board Chair | 2023 | 3 yrs |
| Larry Sharp | Board Member | 2023 | 3 yrs |
| Leah Vallely | Board Member | 2023 | 3 yrs |
| Melvina Phillips | Board Member | 2023 | 3 yrs |
| Michale Vance | Board Member | 2025 | 1 yr |
| Robert Lipscomb | Board Treasu | 2023 | 3 yrs |
| Robert Watson | Board Member | 2023 | 3 yrs |
| Rosemary Hodges | Board Member | 2023 | 3 yrs |
| Stephanie Burton | Board Member | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Carolyn Love-Rice | Supervisory | since 2023 |
| Frances Harless-Woods | Supervisory | since 2023 |
| Greg Olmsted | President/Ce | since 2023 |
| Nathan L Miller | Sc Mem | 2025 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Greg Olmsted | President/Ce | 40 | $154k | $19k | |
| Waymon Burke | Board Chair | 1 | $0 | ||
| Stephanie Burton | Board Member | 1 | $0 | ||
| Rosemary Hodges | Board Member | 1 | $0 | ||
| Robert Lipscomb | Board Treasu | 1 | $0 | ||
| Melvina Phillips | Board Member | 1 | $0 | ||
| Larry Sharp | Board Member | 1 | $0 | ||
| Leah Vallely | Board Member | 1 | $0 | ||
| Michale Vance | Board Member | 1 | $0 | ||
| Robert Watson | Board Member | 1 | $0 | ||
| Frances Harless-Woods | Sc Mem | 1 | $0 | ||
| Carolyn Love-Rice | Sc Chair | 1 | $0 | ||
| Nathan L Miller | Sc Mem | 1 | $0 |
About
- Legal name
- North Alabama Educators Credit Union
- EIN
- 636023153
- Address
- Po Box 128, Huntsville, AL, 35804-0128
- State
- Alabama
- Mission
- Credit union - to provide services to approximately 10,859 members in the form of loans, savings, and other financial services. (as filed on the Form 990)
- Activity (NTEE)
- W61 Public and societal benefit
- IRS classification
- 501(c)14 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Public & Societal Benefit
- Size band
- 9 (IRS master file code)
- Formed
- 1957
- Principal officer
- Greg Olmsted (as named on the Form 990)
- IRS ruling date
- 1 January 2024
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 2, latest 2025
Most connected
Longest observed on the filings
≥3years on the filingsWaymon Burke
≥3years on the filingsLarry Sharp
≥3years on the filingsLeah Vallely
≥3years on the filingsMelvina Phillips
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $139.3m
- Total liabilities
- $130.2m
- Net assets or fund balances
- $9.1m
- Contributions and grants received
- $0
- Program service revenue
- $3.8m
- Employees
- 44
- Volunteers
- 12
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $4.9m | $4.5m | $455k |
As filed on the IRS Form 990. US dollars.