Civic Intelligence

Max Credit Union

990 • Fiscal year 2024 • EIN 36-4618706

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 13, 2025

PO Box 244040Montgomery, AL 36124-4040

(800) 776-6776

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.90x

Higher debt load relative to assets than 42% of similar nonprofits.

2024 filings • 501(c)14 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

15.67x

Higher debt load relative to revenue than 61% of similar nonprofits.

2024 filings • 501(c)14 • $1B+ nonprofits • Source year 2024

Net Margin

89th percentile

19%

Higher net margin than 89% of similar nonprofits.

2024 filings • 501(c)14 • $1B+ nonprofits • Source year 2024

Top Officer Pay

21st percentile

$727,659

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2024 filings • 501(c)14 • $1B+ nonprofits • Source year 2024

Asset Growth

51st percentile

3.3%

Faster asset growth than 51% of similar nonprofits.

2024 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

12%

Faster revenue growth than 27% of similar nonprofits.

2024 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,149,434,453

Up $184,996,055 (+9.4%) from 2022

Net Assets

Up

$209,354,953

Up $69,214,665 (+49%) from 2022

Liabilities

Up

$1,940,079,500

Up $115,781,390 (+6.3%) from 2022

Revenue

Up

$123,834,123

Up $42,566,898 (+52%) from 2022

Expenses

Up

$100,536,448

Up $37,581,671 (+60%) from 2022

Net Income

Up

$23,297,675

Up $4,985,227 (+27%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2010: $861,760,671Liabilities 2010: $738,242,591Net Assets 2010: $123,518,0802010Assets 2011: $913,542,767Liabilities 2011: $782,791,202Net Assets 2011: $130,751,5652011Assets 2012: $981,295,811Liabilities 2012: $838,849,330Net Assets 2012: $142,446,4812012Assets 2013: $1,034,932,163Liabilities 2013: $892,785,897Net Assets 2013: $142,146,2662013Assets 2014: $1,092,065,087Liabilities 2014: $934,973,511Net Assets 2014: $157,091,5762014Assets 2015: $1,178,199,681Liabilities 2015: $1,014,920,229Net Assets 2015: $163,279,4522015Assets 2016: $1,242,870,839Liabilities 2016: $1,072,629,833Net Assets 2016: $170,241,0062016Assets 2017: $1,315,416,754Liabilities 2017: $1,137,497,319Net Assets 2017: $177,919,4352017Assets 2018: $1,365,063,060Liabilities 2018: $1,178,204,202Net Assets 2018: $186,858,8582018Assets 2019: $1,460,586,194Liabilities 2019: $1,255,813,087Net Assets 2019: $204,773,1072019Assets 2020: $1,769,448,467Liabilities 2020: $1,547,841,679Net Assets 2020: $221,606,7882020Assets 2021: $2,021,706,470Liabilities 2021: $1,803,794,703Net Assets 2021: $217,911,7672021Assets 2022: $1,964,438,398Liabilities 2022: $1,824,298,110Net Assets 2022: $140,140,2882022Assets 2024: $2,149,434,453Liabilities 2024: $1,940,079,500Net Assets 2024: $209,354,9532024

Highlighted filing

2024

Assets$2,149,434,453
Liabilities$1,940,079,500
Net Assets$209,354,953

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0Expenses 2010: $43,063,6932010Expenses 2011: $40,411,7782011Expenses 2012: $43,034,6802012Revenue 2013: $55,116,384Expenses 2013: $48,175,602Net Income 2013: $6,940,7822013Revenue 2014: $57,625,876Expenses 2014: $46,902,404Net Income 2014: $10,723,4722014Revenue 2015: $59,535,668Expenses 2015: $50,831,569Net Income 2015: $8,704,0992015Revenue 2016: $61,073,107Expenses 2016: $52,920,659Net Income 2016: $8,152,4482016Revenue 2017: $63,858,807Expenses 2017: $54,547,429Net Income 2017: $9,311,3782017Revenue 2018: $69,231,901Expenses 2018: $58,628,214Net Income 2018: $10,603,6872018Revenue 2019: $74,745,325Expenses 2019: $63,321,492Net Income 2019: $11,423,8332019Revenue 2020: $78,182,943Expenses 2020: $67,246,495Net Income 2020: $10,936,4482020Revenue 2021: $76,797,432Expenses 2021: $60,006,358Net Income 2021: $16,791,0742021Revenue 2022: $81,267,225Expenses 2022: $62,954,777Net Income 2022: $18,312,4482022Revenue 2024: $123,834,123Expenses 2024: $100,536,448Net Income 2024: $23,297,6752024

Highlighted filing

2024

Revenue$123,834,123
Expenses$100,536,448
Net Income$23,297,675
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 13, 2025
Return Version
2024v5.2
Gross Receipts
$123,939,217
Mission and Program Overview

Mission

Max is a state-chartered community credit union serving approximately 117,000 members in the montgomery, alabama and surrounding areas.

The credit union is a cooperative community financial institution which was organized to promote thrift among its members as well as to provide a source of credit for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,084,200,752$1,174,254,448▲ $90,053,696
Investments in Publicly Traded Securities$722,187,386$711,197,102▼ $10,990,284
Rtn Earn Endowment Incm Other Fnds$179,403,060$209,354,953▲ $29,951,893
Savings and Temporary Cash Investments$101,117,748$110,318,395▲ $9,200,647
Cash and Non-Interest-Bearing Accounts$53,823,966$42,869,911▼ $10,954,055
Land, Buildings, and Equipment, Net$36,134,086$34,631,626▼ $1,502,460
Investments Other Securities$6,466,571$6,785,731▲ $319,160
Accounts Receivable$7,571,799$3,537,223▼ $4,034,576
Receivables From Officers Etc$3,327,554$3,385,453▲ $57,899
Prepaid Expenses and Deferred Charges$2,672,122$2,597,540▼ $74,582
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,080,252,064$2,149,434,453▲ $69,182,389
Other Assets Total$62,750,080$59,857,024▼ $2,893,056
Liabilities
Other Liabilities$1,858,115,355$1,907,227,577▲ $49,112,222
Accounts Payable and Accrued Expenses$29,782,423$19,536,532▼ $10,245,891
Mortgage Notes Payable Secured by Investment Property$12,000,000$12,000,000→ $0
Escrow Account Liability$951,226$1,315,391▲ $364,165
Total Liabilities$1,900,849,004$1,940,079,500▲ $39,230,496
Net Assets / Fund Balance
Total Net Assets Fund Balance$179,403,060$209,354,953▲ $29,951,893
Total Liabilities and Net Assets / Fund Balance$2,080,252,064$2,149,434,453▲ $69,182,389

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,841,460$24,225,851$43,067,311
Equipment$5,978,935$23,901,832$29,880,767
Land$9,811,231-$9,811,231
Leasehold Improvements$0$378,583$378,583
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martin E HeadPresident/CEOFT$520,298$207,361$727,659
Timothy MarquardtChief Financial OfficerFT$265,514$93,439$358,953
Mike HartEvp Chief Operations OfficerFT$260,185$93,323$353,508
Cheryl PaysonChief Optns Excel OfficerFT$233,263$88,113$321,376
Martee MoseleyMarket PresidentFT$156,579$161,478$318,057
Clinton Dale WatkinsChief Information OfficerFT$183,896$127,821$311,717
Sandra BranchChief Talent OfficerFT$209,207$83,950$293,157
Ken PeavyVP Wealth ManagementFT$46,440$246,338$292,778
William EppersonChief Retail OfficerFT$192,308$85,277$277,585
Wendy AndersonChief Lending OfficerFT$193,637$81,971$275,608
Ron CreelSVP Business ServicesFT$178,347$87,255$265,602
Kenneth HillVP Mortgage ServicesFT$148,077$98,572$246,649
Lynette CuppsChief Growth OfficerFT$166,151$71,438$237,589
Tara McdowellVP Human ResourcesFT$159,378$76,477$235,855

Board Members and Trustees

NameTitle
Barbara T StarrChairman
John AverrettVice-chair
A Kelli WiseDirector
Bea FornissDirector
Carl WhatleyDirector
Edward CrowellDirector
Gary TomlinDirector
James LittlejohnDirector
Lloyd Woodman JrDirector
K Sue JacksonSecretary
James W Solze JrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fairway Auto BrokersIndirect Auto Lending1000 2ND AVE, Opelika, AL 36801$4,471,452
Pigg EnterprisesIndirect Auto Lending1183 SOUTH MEMORIAL DR, Prattville, AL 36067$4,035,355
Blue Cross & Blue Shield Of AlabamaHealth Insurance450 RIVERCHASE PARKWAY EAST, Birmingham, AL 35244$3,703,982
Jack IngramIndirect Auto Lending227 EASTERN BLVD, Montgomery, AL 36117$2,690,541
Glynn Smith ChevroletIndirect Auto Lending600 COLUMBUS PKWY, Opelika, AL 36801$2,605,132
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$98,922,948
Investment Income
$24,911,175
Other Revenue
$0
Change in Net Assets
$23,297,675

Audited Revenue Reconciliation

Revenue per Audited Statements
$127,356,762
Revenue Not Reported on Financial Statements
$-3,522,639
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-3,522,639
Total Revenue per Audited Statements
$127,356,762
Total Revenue per Form 990
$123,834,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,145,806
Salaries, Compensation, and Employee Benefits$30,850,134
Grants and Similar Amounts Paid$89,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$27,451,008
Other Salaries and Wages---$20,701,393
Office Expenses---$19,551,229
Other Employee Benefits---$3,679,669
Depreciation Depletion---$3,294,680
Current Officers, Directors, Trustees, and Key Employees---$3,157,152
Fees for Services Other---$2,310,750
Payroll Taxes---$1,763,216
Advertising---$1,753,409
Occupancy---$1,629,397
Pension Plan Contributions---$1,548,704
Interest---$476,045
Fees for Services Legal---$253,225
Other Expenses---$234,178
Fees for Services Accounting---$177,055
Travel---$111,424
Grants to Domestic Orgs---$89,500
Conferences and Meetings---$69,506
Total Functional Expenses$0$0$0$100,536,448

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$104,059,089
Total Expenses per Audited Statements$104,059,089
Total Expenses per Form 990$100,536,448
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-3,522,641
Other Expense Adjustments$-3,522,641
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
River Region United WayMontgomery, AL501(c)3Community Giving$16,500
Montgomery Area Chamber of CommerceMontgomery, AL501(c)6Community Giving$10,000
Ymca Brown Bag BusMontgomery, AL501(c)3Community Giving$7,000
Storybrook FarmsOpelika, AL501(c)3Community Giving$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$3,327,554$3,385,453▲ $57,899
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares and Certificates$1,902,023,055
Interest Payable on Deposits$5,204,522
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union is owned by its members.

Form 990, Part VI, Section A, Line 7A

The credit union board of directors consists of nine members nominated from the general membership. Each board member serves a term of three years. A nominating committee is appointed by the board each year to nominate at least one member to fill each vacancy. Nominations for vacancies may also be made by petition from the membership. The membership votes on the nominees.

Form 990, Part VI, Section A, Line 7B

Members must vote on the removal of members of the board of directors, approval to dissolve the credit union, and merger into another credit union.

Form 990, Part VI, Section B, Line 11B

The 990 is prepared by the external cpa firm and reviewed by the svp finance prior to filing.

Form 990, Part VI, Section B, Line 12C

If a conflict of interest is reported, human resources will investigate the situation and consult with the ceo to determine appropriate action.

Form 990, Part VI, Section B, Line 15

Max uses a credit union compensation system called "compease" through hr performance solutions, to establish salary ranges. The compease system looks at surveys and comparable market data to establish ranges. Max also uses the ukg talent management system to formally document ratings of individual performance. The performance score is part of a system to calculate the percentage used for the annual merit increase, based also on the current salary and position in the range. The ceo reviews and approves all increases. The board of directors approves the annual salary for the ceo based on recommendations of its hr committee. The process described here was last completed in 2024.

Form 990, Part VI, Section C, Line 19

A financial statement summary is posted in all branch offices and updated monthly. Financial highlights are also included in the year-end annual report, which is distributed to all members attending the annual meeting. In addtion, our quarterly call report is available on the ncua's website.

Filing and Contact Details

Filer

Filer Name
Max Credit Union
EIN
36-4618706
Phone
8007766776
Address
PO BOX 244040, MONTGOMERY, AL 36124-4040

Signing Officer

Name
Brantley Leverette
Title
SVP-finance
Phone
8007766776
Signed
2025-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martin Head
Formed
1955
Legal Domicile
Al
Voting Board Members
9
Independent Board Members
9
Employees
341
Volunteers
13

Preparer

Firm
Cliftonlarsonallen Llp
Address
109 N MAIN STREET SUITE 200, AUSTIN, MN 55912
Preparer
Tanya Medgaarden
Phone
5074347000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The credit union has a supervisory committee consisting of three volunteers from its membership who assume the responsibility for the oversight of the financial statement audit and selection of the independent accountant.

Financial Statement Notes

PART IV, LINE 2B:

The credit union holds escrowed funds for payment of property taxes and homeowner's insurance as a service to our members who have mortgages with us.

PART X, LINE 2:

The credit union is exempt, under irc 501 (c) (14), from federal and state income taxes, but is subject to state excise tax. The credit union has filed tax returns in the past for activities it has deemed taxable. The taxing authorities have the ability to assess taxes, penalties and interest for any years for which no tax return was filed. In the opinion of management, any liability resulting from taxing authorities imposing income taxes on the net taxable income from activities potentially deemed to be unrelated to the credit union's exempt purpose is not expected to have a material effect on the credit union's financial position or results of operations. The credit union evaluated its tax positions and determined no uncertain tax positions exist as of december 31, 2024 and 2023. The credit union's 2021 through 2023 tax years are open for examination by federal and state taxing authorities.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rev recorded as exp -3,522,639.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Rev recorded as exp -3,522,639. Rounding -2.

Raw XML AppendixShowing 400 of 907 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/PersonNm0A KELLI WISE
IRS990/Form990PartVIISectionAGrp/PersonNm1K SUE JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm2BARBARA T STARR
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES W SOLZE JR
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN AVERRETT
IRS990/Form990PartVIISectionAGrp/PersonNm5LLOYD WOODMAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm6CARL WHATLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7GARY TOMLIN
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IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD CROWELL
IRS990/Form990PartVIISectionAGrp/PersonNm11MARTIN E HEAD
IRS990/Form990PartVIISectionAGrp/PersonNm12TIMOTHY MARQUARDT
IRS990/Form990PartVIISectionAGrp/PersonNm13MIKE HART
IRS990/Form990PartVIISectionAGrp/PersonNm14LYNETTE CUPPS
IRS990/Form990PartVIISectionAGrp/PersonNm15CLINTON DALE WATKINS
IRS990/Form990PartVIISectionAGrp/PersonNm16CHERYL PAYSON
IRS990/Form990PartVIISectionAGrp/PersonNm17SANDRA BRANCH
IRS990/Form990PartVIISectionAGrp/PersonNm18WENDY ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM EPPERSON
IRS990/Form990PartVIISectionAGrp/PersonNm20RON CREEL
IRS990/Form990PartVIISectionAGrp/PersonNm21KEN PEAVY
IRS990/Form990PartVIISectionAGrp/PersonNm22MARTEE MOSELEY
IRS990/Form990PartVIISectionAGrp/PersonNm23KENNETH HILL
IRS990/Form990PartVIISectionAGrp/PersonNm24TARA MCDOWELL
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24189570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13EVP CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF GROWTH OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF OPTNS EXCEL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF TALENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF RETAIL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20SVP BUSINESS SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP WEALTH MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22MARKET PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP MORTGAGE SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP HUMAN RESOURCES
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01955
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0203004
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticOrgsGrp/TotalAmt089500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0308098
IRS990/GrossReceiptsAmt0123939217
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt045
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/TotalAmt0476045
IRS990/InvestmentIncomeGrp/ExclusionAmt024708171
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024708171
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06466571
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06785731
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0722187386
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0711197102
IRS990/IRPDocumentCnt037687
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt048506266
IRS990/LandBldgEquipBasisNetGrp/BOYAmt036134086
IRS990/LandBldgEquipBasisNetGrp/EOYAmt034631626
IRS990/LandBldgEquipCostOrOtherBssAmt083137892
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0105094
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MAX IS A STATE-CHARTERED COMMUNITY CREDIT UNION SERVING APPROXIMATELY 126,000 MEMBERS IN THE MONTGOMERY, ALABAMA AND SURROUNDING AREAS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0203004
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0203004
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/TotalAmt019551229
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/OtherAssetsTotalGrp/EOYAmt059857024
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03679669
IRS990/OtherExpensesGrp/Desc0PROVISION FOR CREDIT LO
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2MISC. OPERATING FEES
IRS990/OtherExpensesGrp/Desc3OPERATING FEES
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IRS990/OtherExpensesGrp/TotalAmt13517187
IRS990/OtherExpensesGrp/TotalAmt22176721
IRS990/OtherExpensesGrp/TotalAmt3234178
IRS990/OtherLiabilitiesGrp/BOYAmt01858115355
IRS990/OtherLiabilitiesGrp/EOYAmt01907227577
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01548704
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02672122
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02597540
IRS990/PrincipalOfficerNm0MARTIN HEAD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070617998
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115869839
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211697327
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt070617998
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116386806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211918144
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0516967
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1220817
IRS990/ProgSrvcAccomActy2Grp/Desc0TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS, MAX PROVIDES A SOURCE OF CREDIT BY OFFERING A VARIETY OF CONSUMER, REAL ESTATE, AND BUSINESS LENDING PRODUCTS AT REASONABLE RATES OF INTEREST.
IRS990/ProgSrvcAccomActy3Grp/Desc0IN ADDITION TO THE SAVINGS AND LENDING PRODUCTS WE OFFER, MAX PROVIDES A VARIETY OF OTHER FINANCIAL SERVICES TO MEET THE NEEDS OF OUR MEMBERS.
IRS990/ProhibitedTaxShelterTransInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2,149$1,940$209$124$101$23.3
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,964$1,824$140$81.3$63.0$18.3
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,022$1,804$218$76.8$60.0$16.8
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,769$1,548$222$78.2$67.2$10.9
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,461$1,256$205$74.7$63.3$11.4
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,365$1,178$187$69.2$58.6$10.6
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,315$1,137$178$63.9$54.5$9.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,243$1,073$170$61.1$52.9$8.15
2015Detailed filing. Detailed filing data is available for this year.$1,178$1,015$163$59.5$50.8$8.70
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,092$935$157$57.6$46.9$10.7
2013Detailed filing. Detailed filing data is available for this year.$1,035$893$142$55.1$48.2$6.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$981$839$142$43.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$914$783$131$40.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$862$738$124$43.1
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)14 • $1B+ nonprofits