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Nonprofit · EIN 58-1097538

CREDIT UNION OF ATLANTA

Also known as Georgia AAZK

Tax-exempt (reinstated) · ATLANTA, GA 30310

Financials

$6.3M$5.5M2023$5.8M$5.5M2024
Revenue Expenses · by fiscal year end
Financials of CREDIT UNION OF ATLANTA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,776,317$5,530,428$245,889$78,624,013$70,237,778$8,386,235
December 31, 2023990$6,259,154$5,534,144$725,010$80,067,940$71,918,273$8,149,667
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,416,044
Investment income
$0
Other revenue
$2,360,273

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$188,067
Other salaries and wages
$1,652,945
Salaries, compensation and benefits (total)
$1,999,147
Professional fundraising fees
$0
Legal fees
$40,347
Accounting fees
$47,300
Occupancy
$157,279
Depreciation
$159,429

Balance sheet and other

Total assets, start of year
$80,067,940
Total assets, end of year
$78,624,013
Total liabilities, end of year
$70,237,778
Net assets, end of year
$8,386,235
Land, buildings and equipment
$1,309,012
Gross receipts
$5,776,317
Employees
40
Volunteers
0
Year formed
1928
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DEBRA COLLINSCEO
Officer
55$176,453
WILLIE M CANIDATEVICE CHAIR
Trustee or director
15$0
CHARLES BELLDIRECTOR
Trustee or director
15$0
MELISSA DAVISDIRECTOR
Trustee or director
15$0
REGGIE GRANTCHAIRMAN OF THE BOARD
Trustee or director
25$0
CALVIN TUCKERDIRECTOR
Trustee or director
15$0
ALFRED BERRY JRDIRECTOR
Trustee or director
15$0
ANTHONY NICKSDIRECTOR
Trustee or director
15$0
ROSALIND RUBENS NEWELLSECRETARY/TREASURER
Trustee or director
15$0
LANITA WILLIAMSDIRECTOR
Trustee or director
15$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
DEBRA COLLINSCEO
Officer
55$128,472
MELISSA DAVISVICE CHAIR
Trustee or director
15$0
CHARLES BELLDIRECTOR
Trustee or director
15$0
WILLIE M CANIDATEDIRECTOR
Trustee or director
15$0
REGGIE GRANTCHAIRMAN OF THE BOARD
Trustee or director
25$0
CALVIN TUCKERDIRECTOR
Trustee or director
15$0
ALFRED BERRY JRDIRECTOR
Trustee or director
15$0
ANTHONY NICKSDIRECTOR
Trustee or director
15$0
LANITA WILLIAMSSECRETARY/TREASURER
Trustee or director
15$0
ROSALIND RUBENS NEWELLDIRECTOR
Trustee or director
15$0

Address and contacts

Address (IRS master file)
670 METROPOLITAN PKWY SW, ATLANTA, GA 30310-2058
Mailing address (990-N for 2008)
800 Cherokee Avenue, Atlanta GA 30315
Principal officer (990 for 2024)
DEBRA COLLINS, 670 METROPOLITAN PARKWAY, ATLANTA, GA 30310
Principal officer (990-N for 2008)
Lauren Stanley, 800 Cherokee Avenue, Atlanta GA 30315
Signed the 990
DEBRA COLLINS, CEO
Phone
(404) 658-6465
Return prepared by
NICHOLS CAULEY & ASSOCIATES LLC

Mission

TO PROVIDE THRIFT SAVINGS AND BORROWINGS TO MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE THRIFT SAVINGS AND BORROWINGS TO MEMBERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1097538
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$78,624,013
Income (IRS master file)
$5,776,317

Revocation and reinstatement

Exemption revoked
May 15, 2021
Posted by the IRS
March 14, 2022
Reinstated
Effective May 15, 2021

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,776,317$5,530,428$78,624,013XML
990December 2023$6,259,154$5,534,144$80,067,940XML
990December 2022$5,693,754$5,124,026$82,573,994IRS
990December 2017–––IRS
990-N for 2008
Officer: Lauren Stanley
December 31, 2008≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1097538).

Questions about CREDIT UNION OF ATLANTA

What is the EIN of CREDIT UNION OF ATLANTA?
The employer identification number (EIN) of CREDIT UNION OF ATLANTA is 58-1097538.
Is CREDIT UNION OF ATLANTA tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
Are donations to CREDIT UNION OF ATLANTA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CREDIT UNION OF ATLANTA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CREDIT UNION OF ATLANTA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CREDIT UNION OF ATLANTA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CREDIT UNION OF ATLANTA?
The 990 for the year ended December 31, 2024 names DEBRA COLLINS.
Who are the officers and directors of CREDIT UNION OF ATLANTA?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $176,453 (DEBRA COLLINS, CEO).
How much revenue does CREDIT UNION OF ATLANTA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,776,317, expenses of $5,530,428 and total assets of $78,624,013 at year end.

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