EIN 41-0738787

Associated Healthcare Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
34
Year formed
1953
Most recent tax filings
2023-12-01
Description
Associated Healthcare Credit Union offers lending, savings, and other financial services with a service-based emphasis to qualifying members. With 12,990 member accounts and deposits of $138,303,717 as of December 31, 2021, the credit union provides a variety of depository services. It also provides various lending services to its members with 7,800 outstanding loans amounting to $111,956,858. The credit union is located in Woodbury, MN.
Related structure
Associated Healthcare Credit Union is child organization, under the parent exemption from Credit Unions in the State of Minnesota.
Also known as...
Ford Road Medical Center
Total revenues
$7,645,894
2023
20192020202120222023$5m$7m
Total expenses
$5,739,681
2023
20192020202120222023$4m$5m$6m
Total assets
$156,518,551
2023
20192020202120222023$0.1b$0.1b$0.1b
Num. employees
34
2023
2019202020212022202302040

Program areas at Associated Healthcare Credit Union

The Credit Union provides a variety of depository services to our membership. We had 12,549 member accounts with deposits of $138,258,381 as of december 31, 2023.
The Credit Union provides access to members to their accounts via electronic banking, atm network, shared branching, and in person.
The Credit Union provides a variety of lending services to our membership. We had 8,353 loans outstanding as of december 31, 2023 with balances of $127,570,529.

Personnel at Associated Healthcare Credit Union

NameTitleCompensation
Theresa MaloneChief Executive Officer$222,426
Chee LeeExecutive Director of Finance$118,411
Andrew RihmVice President Lending$168,519
Linda ZdonSecretary$275
Joe ClubbChair$475
...and 8 more key personnel

Financials for Associated Healthcare Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$6,855,526
Investment income and dividends$789,468
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$900
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,645,894

Form 990s for Associated Healthcare Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-13990View PDF
2021-122022-10-04990View PDF
2020-122021-08-10990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like Associated Healthcare Credit Union

OrganizationLocationRevenue
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Brainerd BN Credit UnionBrainerd, MN$4,499,777
Red Wing Credit UnionRed Wing, MN$7,704,785
Leading Edge Credit UnionWorthington, MN$8,422,524
Ely Area Credit UnionEly, MN$2,330,009
Crow Wing Power Credit UnionBrainerd, MN$3,786,281
Anoka Hennepin Credit UnionCoon Rapids, MN$12,997,224
Virginia Coop Credit UnionVirginia, MN$1,943,862
Minnco Credit UnionCambridge, MN$22,040,179
Harbor Pointe Credit Union (DTCU)Duluth, MN$6,824,977
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Used new vendors
Identified 2 new vendors, including , and
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 9, 2023
Updated personnel
Identified 1 new personnel
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
6789 Upper Afton Rd
Woodbury, MN 55125
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Washington County, MN
Website URL
ahcu.org/ 
Phone
(651) 383-4000
IRS details
EIN
41-0738787
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1953
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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