Nonprofit · EIN 63-0362060
RAILWAY EMPLOYEES CREDIT UNION
Tax-exempt · MUSCLE SHOALS, AL 35661
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $851,849 | $667,407 | $184,442 | $20,111,200 | $15,966,670 | $4,144,530 |
| December 31, 2024 | 990 | $749,167 | $604,172 | $144,995 | $18,019,242 | $14,243,701 | $3,775,541 |
| December 31, 2023 | 990 | $658,972 | $548,414 | $110,558 | $17,549,343 | $13,938,338 | $3,611,005 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $460,480
- Investment income
- $391,369
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $197,863
- Salaries, compensation and benefits (total)
- $270,323
- Professional fundraising fees
- $0
- Occupancy
- $22,902
- Management and general (functional)
- $667,407
Balance sheet and other
- Total assets, start of year
- $18,019,242
- Total assets, end of year
- $20,111,200
- Total liabilities, end of year
- $15,966,670
- Net assets, end of year
- $4,144,530
- Land, buildings and equipment
- $124,107
- Gross receipts
- $851,849
- Employees
- 3
- Volunteers
- 11
- Year formed
- 1935
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY LEIGH MATTHEWS | MANAGER Officer | 40 | $111,000 | $22,920 |
| JAMES FULLER | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| LUTHER GRISHAM | BOD VICE PRE Trustee or director | 1 | $0 | $0 |
| JAMES HAMILTON | BOD SEC/TRES Trustee or director | 1 | $0 | $0 |
| DAVID MEEKS | BOD PRESIDEN Trustee or director | 1 | $0 | $0 |
| GARY UTLEY | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| AUDREY BAILEY | SC MEMBER Officer | 1 | $0 | $0 |
| ROY E CLEMENT | SC MEMBER Officer | 1 | $0 | $0 |
| CHARLES RICKARD | CREIT COMMIT Officer | 1 | $0 | $0 |
| JEREMY UTLEY | CREDIT COMMI Officer | 1 | $0 | $0 |
| DANNY WEEKS | CREDIT COMMI Officer | 1 | $0 | $0 |
| PHILLIP WRIGHT | SC CHAIR Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY LEIGH MATTHEWS | MANAGER Officer | 40 | $89,742 | $20,832 |
| JAMES FULLER | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| LUTHER GRISHAM | BOD VICE PRE Trustee or director | 1 | $0 | $0 |
| JAMES HAMILTON | BOD SEC/TRES Trustee or director | 1 | $0 | $0 |
| DAVID MEEKS | BOD PRESIDEN Trustee or director | 1 | $0 | $0 |
| GARY UTLEY | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| AUDREY BAILEY | SC MEMBER Officer | 1 | $0 | $0 |
| ROY E CLEMENT | SC MEMBER Officer | 1 | $0 | $0 |
| CHARLES RICKARD | CREIT COMMIT Officer | 1 | $0 | $0 |
| JEREMY UTLEY | CREDIT COMMI Officer | 1 | $0 | $0 |
| DANNY WEEKS | CREDIT COMMI Officer | 1 | $0 | $0 |
| PHILLIP WRIGHT | SC CHAIR Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY LEIGH MATTHEWS | MANAGER Officer | 40 | $82,142 | $19,760 |
| AL CLEMMONS | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| LUTHER GRISHAM | BOD VICE PRE Trustee or director | 1 | $0 | $0 |
| JAMES HAMILTON | BOD SEC/TRES Trustee or director | 1 | $0 | $0 |
| DAVID MEEKS | BOD PRESIDEN Trustee or director | 1 | $0 | $0 |
| GARY UTLEY | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| AUDREY BAILEY | SC MEMBER Officer | 1 | $0 | $0 |
| ROY E CLEMENT | CREDIT COMM Officer | 1 | $0 | $0 |
| JAMES FULLER | SC CHAIRMAN Officer | 1 | $0 | $0 |
| JEREMY UTLEY | CREDIT COMMI Officer | 1 | $0 | $0 |
| DANNY WEEKS | CREDIT COMMI Officer | 1 | $0 | $0 |
| PHILLIP WRIGHT | SC MEMBER Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1604 GUSMUS AVE, MUSCLE SHOALS, AL 35661-2440
- In care of
- % MARY LEIGH MATTHEWS
- Principal officer (990 for 2025)
- MARY LEIGH MATTHEWS, 1604 GUSMUS AVE, MUSCLE SHOALS, AL 35661
- Signed the 990
- MARY LEIGH MATTHEWS, MANAGER
- Phone
- (256) 383-7940
- Website
- WWW.RAILWAYCREDITUNION.COM
- Return prepared by
- CREDIT UNION AUDIT GROUP
Mission
CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 1,366 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.
Program accomplishments
- THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.Expenses $562,145
- THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.Expenses $105,262
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0362060
- 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
- Group exemption
- 1422: ALABAMA CREDIT UNION ADMINISTRATION
- Assets (IRS master file)
- $20,111,200
- Income (IRS master file)
- $851,849
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $851,849 | $667,407 | $20,111,200 | XML |
| 990 | December 2024 | $749,167 | $604,172 | $18,019,242 | XML |
| 990 | December 2023 | $658,972 | $548,414 | $17,549,343 | XML |
| 990 | December 2022 | $558,613 | $475,760 | $18,908,048 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 63-0362060).
Questions about RAILWAY EMPLOYEES CREDIT UNION
- What is the EIN of RAILWAY EMPLOYEES CREDIT UNION?
- The employer identification number (EIN) of RAILWAY EMPLOYEES CREDIT UNION is 63-0362060.
- Is RAILWAY EMPLOYEES CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1971.
- Are donations to RAILWAY EMPLOYEES CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RAILWAY EMPLOYEES CREDIT UNION 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 RAILWAY EMPLOYEES CREDIT UNION 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 RAILWAY EMPLOYEES CREDIT UNION 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 RAILWAY EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2025 names MARY LEIGH MATTHEWS.
- Who are the officers and directors of RAILWAY EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $111,000 (MARY LEIGH MATTHEWS, MANAGER).
- How much revenue does RAILWAY EMPLOYEES CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $851,849, expenses of $667,407 and total assets of $20,111,200 at year end.
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