Atlanta Postal Credit Union

Organization Overview

Atlanta Postal Credit Union is located in Atlanta, GA. The organization was established in 2001. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Atlanta Postal Credit Union employed 477 individuals. Atlanta Postal Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Atlanta Postal Credit Union generated $86.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $74.8m during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Atlanta Postal Credit Union has awarded 14 individual grants totaling $235,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP OUR MEMBERS ACHIEVE FINANCIAL SUCCESS BY PROVIDING EXCEPTIONAL PRODUCTS AND SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREDIT UNION PROVIDING LOANS AND DEPOSITS FOR OVER 103,180 MEMBERS. ATLANTA POSTAL CREDIT UNION IS A MEMBER-OWNED, NOT-FOR-PROFIT FINANCIAL COOPERATIVE, FOUNDED ON THE PREMISE THAT WORKING PEOPLE NEED A SAFE AND SOUND PLACE TO SAVE AND BORROW MONEY. GUIDING PRINCIPLES ARE UNIQUE: ONLY PEOPLE WHO ARE CREDIT UNION MEMBERS CAN BORROW HERE, LOANS SHOULD BE FOR PRUDENT AND PRODUCTIVE PURPOSES, AND A PERSON'S CHARACTER AND DESIRE TO REPAY A LOAN ARE CONSIDERED AS IMPORTANT AS A PERSON'S INCOME.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Head
President/ceo/director
$736,695
Richard Mccall
Cio
$450,394
Gary Kyle
CFO
$338,343
Blake Graham
Evp/ Clo
$255,940
Amy Fuller
Cso
$214,341
Teresa Stonecypher
COO
$205,119

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Redmond Company
Construction Design Consultants
$1,791,238
Jack Henry & Associates Inc
Processing System Software Provider
$941,038
Datamatx
Member Statement Processing
$742,204
Cdw Direct
Software Maintenance
$663,532
Dta Construction Services Inc
Remodeling Services
$365,718
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$83,500,426
Investment income $2,731,738
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$90,910
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $86,141,254

Grants Awarded

Over the last fiscal year, Atlanta Postal Credit Union has awarded $18,000 in support to 2 organizations.

Grant RecipientAmount

POSTAL EMPLOYEE RELIEF FUND

Org PageRecipient Profile

Fredericksburg, VA

PURPOSE: GENERAL OPERATIONS

$10,000

CHILDREN'S MIRACLE NETWORK

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: GENERAL OPERATIONS

$8,000
View Grant Profile

Peer Organizations

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