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Nonprofit · EIN 63-0321814

WCU

Tax-exempt · DECATUR, AL 35603

Financials

$1.8M$1.6M2023$2M$1.8M2024$1.9M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of WCU by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,922,282$1,751,452$170,830$34,079,763$30,932,145$3,147,618
December 31, 2024990$1,959,860$1,813,567$146,293$34,439,075$31,462,287$2,976,788
December 31, 2023990$1,811,705$1,558,795$252,910$33,828,715$30,998,220$2,830,495
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,922,282
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$103,515
Other salaries and wages
$490,566
Salaries, compensation and benefits (total)
$787,976
Professional fundraising fees
$0
Legal fees
$7,020
Accounting fees
$27,054
Occupancy
$81,251
Travel
$2,028
Depreciation
$82,126

Balance sheet and other

Total assets, start of year
$34,439,075
Total assets, end of year
$34,079,763
Total liabilities, end of year
$30,932,145
Net assets, end of year
$3,147,618
Land, buildings and equipment
$2,064,298
Gross receipts
$1,922,282
Employees
20
Volunteers
12
Year formed
1948
State of legal domicile
AL

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
STEVEN DETERMANCEO
Officer
45$102,381$1,133
LUKE ETHEREDGECHAIRMAN OF BOARD
Trustee or director
1$0$0
MARK MOODYVICE CHAIRMAN
Trustee or director
1$0$0
AARON BELLTREASURER
Trustee or director
1$0$0
SHAWN GARTHSECRETARY
Trustee or director
1$0$0
BOBBY SPEEGLEDIRECTOR
Trustee or director
1$0$0
GINA BRISCOEDIRECTOR
Trustee or director
1$0$0
JIM BURLESONDIRECTOR
Trustee or director
1$0$0
CRYSTAL SPIGLESUPERVISORY COMMITTEE CHAIRPERSON
Trustee or director
1$0$0
MIKE BRISCOESUPERVISORY COMMITTEE MEMBER
Trustee or director
1$0$0
BRUCE YOUNGSUPERVISORY COMMITTEE CHAIRPERSON
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
STEVEN DETERMANCEO
Officer
45$92,562$1,090
GINA BRISCOESECRETARY
Trustee or director
1$0$0
JIM BURLESONDIRECTOR
Trustee or director
1$0$0
MARK MOODYCHAIRMAN OF BOARD
Trustee or director
1$0$0
BOBBY SPEEGLEDIRECTOR
Trustee or director
1$0$0
LUKE ETHEREDGEVICE CHAIRMAN
Trustee or director
1$0$0
STEVE BURDENDIRECTOR
Trustee or director
1$0$0
CRYSTAL SPIGLESUPERVISORY COMMITTEE CHAI
Trustee or director
1$0$0
MIKE BRISCOESUPERVISORY COMMITTEE MBR
Trustee or director
1$0$0
BRUCE YOUNGSUPERVISORY COMMITTEE MBR
Trustee or director
1$0$0
APRIL CAGLETREASURER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
STEVEN DETERMANCEO
Officer
45$88,833$886
TIM LEDLOWCHAIRMAN OF BOARD (THRU Q1 2023)
Trustee or director
1$0$0
GINA BRISCOESECRETARY
Trustee or director
1$0$0
JIM BURLESONDIRECTOR
Trustee or director
1$0$0
MARK MOODYCHAIRMAN OF BOARD
Trustee or director
1$0$0
BOBBY SPEEGLEDIRECTOR
Trustee or director
1$0$0
LUKE ETHEREDGEVICE CHAIRMAN
Trustee or director
1$0$0
STEVE BURDENDIRECTOR
Trustee or director
1$0$0
CRYSTAL SPIGLESUPERVISORY COMMITTEE CHAIR
Trustee or director
1$0$0
MIKE BRISCOESUPERVISORY COMMITTEE MBR
Trustee or director
1$0$0
BRUCE YOUNGSUPERVISORY COMMITTEE MBR
Trustee or director
1$0$0
APRIL CAGLETREASURER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2505 HIGHWAY 31 S, DECATUR, AL 35603-1503
In care of
% STEVEN DETERMAN
Principal officer (990 for 2025)
STEVEN DETERMAN, 2505 HIGHWAY 31 SOUTH, DECATUR, AL 35603
Signed the 990
STEVEN DETERMAN, CEO
Phone
(256) 355-5010
Return prepared by
PEARCE BEVILL LEESBURG MOORE PC

Mission

THIS CREDIT UNION IS A VOLUNTARY, COOPERATIVE, NON-PROFIT FINANCIAL INSTITUTION, CHARTERED UNDER THE ALABAMA CREDIT UNION ACT (CODE OF ALABAMA, 1975, TITLE 5 CHAPTER 17). ITS PRIMARY PURPOSE IS THE ENCOURAGEMENT OF THRIFT, THE CREATION OF A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND THE PROVISION OF OPPORTUNITIES FOR ITS MEMBERS TO CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.

990 for the year ended December 31, 2025

Program accomplishments

  • CODE OF ALABAMA, SEC 5-17-1, STATES THAT A CREDIT UNION IS A COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. WCU CREDIT UNION, AN ALABAMA STATE CHARTERED CREDIT UNION, WAS ESTABLISHED TO PROVIDE THESE SERVICES TO ITS MEMBERS WHO LIVE, WORK, OR WORSHIP IN MORGAN AND LAWRENCE COUNTIES, ALABAMA, THE IMMEDIATE FAMILIES OF CURRENT MEMBERS, AND OTHER SUCH GROUPS AS ARE APPROVED BY THE BOARD OF DIRECTORS AND THE ADMINISTRATOR OF THE ALABAMA CREDIT UNION ADMINISTRATION. AS OF DECEMBER 31, 2025, THE CREDIT UNION HAD MEMBERSHIP AND PROVIDED SERVICES TO APPROXIMATELY 3,386 MEMBERS.
    Expenses $1,751,452

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
63-0321814
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$34,079,763
Income (IRS master file)
$1,922,282

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,922,282$1,751,452$34,079,763XML
990December 2024$1,959,860$1,813,567$34,439,075XML
990December 2023$1,811,705$1,558,795$33,828,715XML
990December 2022$1,433,001$1,407,633$35,953,682IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

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 63-0321814).

Questions about WCU

What is the EIN of WCU?
The employer identification number (EIN) of WCU is 63-0321814.
Is WCU tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1971.
Are donations to WCU tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WCU 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 WCU due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WCU last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of WCU?
The 990 for the year ended December 31, 2025 names STEVEN DETERMAN.
Who are the officers and directors of WCU?
The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $102,381 (STEVEN DETERMAN, CEO).
How much revenue does WCU have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,922,282, expenses of $1,751,452 and total assets of $34,079,763 at year end.

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