Max Credit Union
Montgomery, AL · EIN 36-4618706 · Rank 4,486 by total revenue
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.
Money, Form 990 for tax year 2024
- Total revenue
- $123,834,123
- Total expenses
- $100,536,448
- Total assets
- $2,149,434,453
- Salary base (all salaries and wages)
- $23,858,545
- Salaries, other pay and benefits
- $30,850,134
- Employees
- 341
- Salary base per employee
- $69,966
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Martin E Head | PRESIDENT/CEO | Officer | 40 | $727,659 |
| Timothy Marquardt | CHIEF FINANCIAL OFFICER | Officer | 40 | $358,953 |
| Mike Hart | EVP CHIEF OPERATIONS OFFICER | Officer | 40 | $353,508 |
| Lynette Cupps | CHIEF GROWTH OFFICER | Officer | 40 | $237,589 |
| K Sue Jackson | SECRETARY | Board, Officer | 1 | None reported |
| Barbara T Starr | CHAIRMAN | Board, Officer | 1 | None reported |
| James W Solze Jr | TREASURER | Board, Officer | 1 | None reported |
| John Averrett | VICE-CHAIR | Board, Officer | 1 | None reported |
| Cheryl Payson | CHIEF OPTNS EXCEL OFFICER | Key employee | 40 | $321,376 |
| Clinton Dale Watkins | CHIEF INFORMATION OFFICER | Key employee | 40 | $311,717 |
| Sandra Branch | CHIEF TALENT OFFICER | Key employee | 40 | $293,157 |
| William Epperson | CHIEF RETAIL OFFICER | Key employee | 40 | $277,585 |
| Wendy Anderson | CHIEF LENDING OFFICER | Key employee | 40 | $275,608 |
| A Kelli Wise | DIRECTOR | Board | 1 | None reported |
| Lloyd Woodman Jr | DIRECTOR | Board | 1 | None reported |
| Carl Whatley | DIRECTOR | Board | 1 | None reported |
| Gary Tomlin | DIRECTOR | Board | 1 | None reported |
| James Littlejohn | DIRECTOR | Board | 1 | None reported |
| Bea Forniss | DIRECTOR | Board | 1 | None reported |
| Edward Crowell | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,530,398, which is 14.8% of the $23,858,545 salary base shared by 341 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Martin E Head | PRESIDENT/CEO | Officer | 40 | $662,803 | $0 | $64,856 | $727,659 |
| Timothy Marquardt | CHIEF FINANCIAL OFFICER | Officer | 40 | $308,014 | $0 | $50,939 | $358,953 |
| Mike Hart | EVP CHIEF OPERATIONS OFFICER | Officer | 40 | $300,185 | $0 | $53,323 | $353,508 |
| Cheryl Payson | CHIEF OPTNS EXCEL OFFICER | Key employee | 40 | $274,621 | $0 | $46,755 | $321,376 |
| Martee Moseley | MARKET PRESIDENT | Highly paid employee | 40 | $272,813 | $0 | $45,244 | $318,057 |
| Clinton Dale Watkins | CHIEF INFORMATION OFFICER | Key employee | 40 | $260,944 | $0 | $50,773 | $311,717 |
| Sandra Branch | CHIEF TALENT OFFICER | Key employee | 40 | $244,207 | $0 | $48,950 | $293,157 |
| Ken Peavy | VP WEALTH MANAGEMENT | Highly paid employee | 40 | $239,896 | $0 | $52,882 | $292,778 |
| William Epperson | CHIEF RETAIL OFFICER | Key employee | 40 | $228,900 | $0 | $48,685 | $277,585 |
| Wendy Anderson | CHIEF LENDING OFFICER | Key employee | 40 | $230,704 | $0 | $44,904 | $275,608 |
Sources
- IRS e-file return 202512869349301896 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 36-4618706
- Organization website (as filed): www.mymax.com