EIN 38-1461385

Credit Unions Chartered in the State of Michigan - 311 Alpena Alcona Area Credit Union (AAACU)

IRS 501(c) type
501(c)(14)
Num. employees
117
City
Alpena
Year formed
1953
Most recent tax filings
2022-12-01
Description
Alpena Alcona Area Credit Union as a financial institution, as a leader in their community and as an employer. As an employer, AAACU values its staff and provides competitive wages and benefits to both full and part-time employees.
Related structure
AAACU is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Alpena Alcona Area Credit Union
Total revenues
$23,924,797
2022
Total expenses
$17,253,819
2022
Total assets
$575,272,399
2022
Num. employees
117
2022

Program areas at AAACU

Provide 33,786 members with regular savings, preferred savings, money market, share drafts, christmas club, vacation club, ira, certificates of deposit, health savings and escrow accounts totaling 79,005.
Offer automated teller machines, debit cards, safe deposit boxes, money orders/cashier's checks, overdraft privilege, online/mobile banking services including bill pay and remote deposit, financial counseling, in-school branches and various insurance programs to all eligible members.
Provide 23,811 loans including home equity, mortgage, vehicle, line of Credit, overdraft protection, signature, Credit card and commercial loans.

Personnel at AAACU

NameTitleCompensation
Donald J MillsPresident and Chief Executive Officer$443,599
Angela SzatkowskiChief Operating Officer$170,637
Annah OrbanMortgage Originator$226,492
Jamie QuickAccounting Supervisor$89,248
Helen SuszekDirector of Accounting$58,225
...and 1 more key personnel

Financials for AAACU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$20,162,032
Investment income and dividends$3,608,275
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-52,998
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$207,488
Total revenues$23,924,797

Form 990s for AAACU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-27990View PDF
2021-122022-10-20990View PDF
2020-122021-10-11990View PDF
2019-122021-06-07990View PDF
2018-122019-07-23990View PDF
...and 10 more Form 990s
Data update history
January 30, 2024
Updated personnel
Identified 1 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Used new vendors
Identified 2 new vendors, including , and
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
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
PO Box 515
Alpena, MI 49707
County
Alpena County, MI
Website URL
aaacu.com/ 
Phone
(989) 356-3577
Facebook page
alpenaalconaareacu 
Twitter profile
@_aaacu 
IRS details
EIN
38-1461385
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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