Guardian Credit Union
501(c)(14)
Strong reserves Growing revenue
Guardian Credit Union is a 501(c)(14) organization based in Prattville, Alabama, registered in 1971, with $79,832,389 in FY2023 revenue.
1 Guardian Way, Prattville, AL, 36066 EIN 63-0421006 Since 1971
Revenue (FY2023)
$79.8M
▲ 28.5% vs prior year
Expenses (FY2023)
$69.6M
Net assets
$82.4M
Employees
312
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Guardian Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Guardian Credit Union: 14 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Guardian Credit Union: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Guardian Credit Union: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Cooperative society incorporated for the two-fold purpose of promoting thrift among its members and creating a source of credit for them at legitimate rates of interest.
What they do
Alabama banking code, section 5-17-1, states that a credit union is a cooperative society incorporated for the two-fold purpose of promoting thrift among its members and creating a source of credit for them at legitimate rates of interest. guardian credit union, an alabama state- chartered credit union, provides these services to its members who are primarily members/employees and their relatives of the alabama army and national guard, municipal employees of the city of montgomery, alabama and various departments of the state of alabama. the credit union's field of membership also includes selected employee groups and is open to all individuals who work, worship, attend school or reside in autauga, butler, chilton, coosa, crenshaw, elmore, lee, lowndes, macon, montgomery, pike, russell, and tallapoosa counties. as of december 31, 2017, the credit union had membership and provided services to approximately 58,121 members.
Contact & location
- Address
- 1 Guardian Way, Prattville, AL, 36066
- City
- Prattville
- State
- Alabama
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $13.4M (FY2013) to $79.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $935.8MNet assets $82.4M
Operating margin
12.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0B
Total liabilities
$935.8M
Net assets
$82.4M
Salaries & benefits
$22.6M
32% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $79,832,389▲28.5% | $69,635,277▲33.8% | $82,356,904▲15.8% | $1,018,202,202▲17.7% | 990 |
| 2022 | $62,110,372▲11.5% | $52,025,320▲14.2% | $71,146,042▲2.6% | $865,286,128▲13.3% | 990 |
| 2021 | $55,701,810▲13.1% | $45,563,567▲7.6% | $69,330,469▲15.8% | $763,618,487▲10.0% | 990 |
| 2020 | $49,250,705▲9.3% | $42,328,955▲5.1% | $59,881,444▲15.6% | $694,104,820▲20.9% | 990 |
| 2019 | $45,079,483▲10.5% | $40,276,428▲16.9% | $51,813,901▲10.2% | $574,064,768▲17.9% | 990 |
| 2018 | $40,778,508▲21.5% | $34,453,848▲17.9% | $47,001,179▲14.2% | $486,969,411▲8.2% | 990 |
| 2017 | $33,564,846▲16.0% | $29,234,682▲11.6% | $41,152,841▲13.7% | $450,091,651▲19.5% | 990 |
| 2016 | $28,946,661▲23.7% | $26,196,701▲20.4% | $36,193,247▲7.6% | $376,518,549▲12.4% | 990 |
| 2015 | $23,396,976▲25.3% | $21,756,627▲23.5% | $33,650,035▲3.0% | $334,844,813▲12.7% | 990 |
| 2014 | $18,676,233▲39.1% | $17,616,073▲47.7% | $32,658,789▲5.3% | $297,186,421▲17.7% | 990 |
| 2013 | $13,426,348 | $11,925,582▲6.6% | $31,019,026▼2.7% | $252,460,153▲10.3% | 990 |
| 2012 | — | $11,186,295▲11.2% | $31,875,575▲6.4% | $228,846,971▲6.6% | 990 |
| 2011 | — | $10,059,907▲32.8% | $29,947,489▲20.3% | $214,735,597▲5.5% | 990 |
| 2010 | — | $7,576,128 | $24,885,480 | $203,553,688 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Heath Harrell — $574,235 (0.82% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Heath Harrell | Ceo | 50 | $574,235 |
| Joseph Robison | Clo | 45 | $239,499 |
| Nikita Mcclain | Cco | 45 | $238,791 |
| Daniel Post | Cfo | 45 | $236,399 |
| Scott Rosen | Cto | 45 | $214,421 |
| Rachel Stewart | Cxp | 45 | $184,297 |
| J Lindsey Mcdonald | Vp Human Resources | 45 | $179,241 |
| Melodie Wright | Vp Branch Operations | 45 | $155,470 |
| Becky Lee | Vp Risk | 45 | $139,564 |
| Blake Carter | Home Loans Operations Manager | 45 | $136,914 |
| Jeremi Scoggins | Avp Development | 45 | $136,707 |
| Greg Gray | Cso | 45 | $35,405 |
| Greta Williams | Director | 1 | — |
| James Henry | Secretary | 1 | — |
| Michael Belcher | Director | 1 | — |
| Pam Newman | Director | 1 | — |
| Rick Roney | Treasurer | 1 | — |
| Scott Kramer | Chairman | 1 | — |
| Therman Dennis | Vice Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Russell Construction of Al Inc | Building Contractors | $7,719,283 |
| Alkami Technology | Online Banking Platform | $817,825 |
| Jack Henry & Associates Inc | Core Software | $636,600 |
| Flex Marketing | Statements and Marketing Content | $466,887 |
| The United States Postal Service | Delivery Services | $450,000 |
Grants made · $303K in FY2023
6 grants totaling $303K in FY2023. All grants made by Guardian Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Troy University Foundation | Support troy university foundation | $165,000 |
| Central Alabama Sports Commission Inc | Support central alabama sports commission | $45,000 |
| Guardian Credit Union Foundation | Support mission of guardian credit union foundation | $40,000 |
| Faulkner University | Support faulkner university | $25,000 |
| Valiant Cross Academy | Support valiant cross academy school | $20,320 |
| Montgomery Area Family Violence & Program Inc | Support to end violence in central alabama | $7,500 |
Frequently asked questions
- Is Guardian Credit Union a legitimate nonprofit?
- Yes. Guardian Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 63-0421006, based in Prattville, Alabama.
- What is Guardian Credit Union's EIN?
- Guardian Credit Union's Employer Identification Number (EIN) is 63-0421006.
- How much revenue does Guardian Credit Union report?
- Guardian Credit Union reported $79,832,389 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does Guardian Credit Union's highest-paid employee make?
- The highest reported compensation on Guardian Credit Union's latest Form 990 is $574,235, paid to Heath Harrell (Ceo).
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Data for Guardian Credit Union (EIN 63-0421006) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.