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EIN 41-0804553

Austin City Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
4
City
Austin
State
Minnesota
Year formed
1953
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Acecu provides financial services to our members through savings products, by providing loans, and with other financial services.
Related structure
Austin City Employees Credit Union is child organization, under the parent exemption from Credit Unions in the State of Minnesota.
Total revenues
$538,697
2023
Total expenses
$380,209
2023
Total assets
$11,081,724
2023
Num. employees
4
2023

Program areas at Austin City Employees Credit Union

The Credit Union has various types of deposit accounts available for our members. We opened 108 new deposit accounts in 2023. As of 12/31/23 we had 798 members.
The Credit Union has several types of loan programs available for our members. We funded 123 new loans to our members during 2023. As of 12/31/2023 we had 545 loans to our members.

Personnel at Austin City Employees Credit Union

NameTitleCompensation
Marilyn HansenPresident$61,896
Ann ChristiansonTreasurer$15,037
Kelly LadySecretary$440
Jean ClarkVice Chair$200
Melissa SwensonChair$240
...and 2 more key personnel

Financials for Austin City Employees Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$409,294
Investment income and dividends$128,319
Tax-exempt bond proceeds$0
Royalty revenue$1,084
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$538,697

Form 990s for Austin City Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-07990View PDF
2022-122023-03-16990View PDF
2021-122022-03-09990View PDF
2020-122021-03-23990View PDF
2019-122020-08-11990View PDF
...and 9 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 1 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
711 4th Ave Ne
Austin, MN 55912
County
Mower County, MN
Website URL
austincityecu.org/ 
Phone
(507) 433-6580
IRS details
EIN
41-0804553
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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