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The Associated Credit Union Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262834337 ✦ Norcross, GA ✦ Designated as a 501(c)(3)

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Overview

What is The Associated Credit Union Foundation Inc?

The Associated Credit Union Foundation Inc, a nonprofit organization, actively works towards the betterment of local communities by dispersing funds to local charities for their operational needs. Their mission is centered around promoting community development, a goal they achieve by financially supporting various nonprofit organizations within their locality.

Is The Associated Credit Union Foundation Inc legitimate?

The Associated Credit Union Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Associated Credit Union Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Associated Credit Union Foundation Inc?

The Associated Credit Union Foundation's mission is centered around promoting local and community development. They achieve this by offering funding to various local nonprofit organizations, specifically for their operational needs. This support aims to positively impact the communities they serve. The foundation's mission is vital in fostering growth and development within local communities. By providing operational funds, these nonprofits can continue their work, ultimately benefiting the community at large.

Who is the CEO of The Associated Credit Union Foundation Inc?

Timothy Bridges is the President of The Associated Credit Union Foundation Inc.

What is the revenue of The Associated Credit Union Foundation Inc?

The Associated Credit Union Foundation Inc's revenue in 2022 was $180,257.

Who are the executives of The Associated Credit Union Foundation Inc and what are their salaries?

There 13 volunteers at The Associated Credit Union Foundation Inc.


Here are 14 key members and their salaries:


C Lin Hodges Cpa (President)
  • Compensation: $0
  • Related: $909,853
  • Other: $43,420
Timothy G Bridges Cpa (Cfo)
  • Compensation: $0
  • Related: $480,824
  • Other: $42,296
Nancy J Garner Cpa (Secretary)
  • Compensation: $0
  • Related: $12,942
  • Other: $0
George M Clarke (Director)
  • Compensation: $0
  • Related: $12,807
  • Other: $0
Charles A Gehrmann (Director)
  • Compensation: $0
  • Related: $12,707
  • Other: $0
Margaret L Pittman (Director)
  • Compensation: $0
  • Related: $12,470
  • Other: $0
D Keith Gettmann (Director)
  • Compensation: $0
  • Related: $12,425
  • Other: $0
Doyle C Spears Jr (Director)
  • Compensation: $0
  • Related: $12,414
  • Other: $0
Jennifer H Chapin (Director)
  • Compensation: $0
  • Related: $12,380
  • Other: $0
Timothy F Kercheval Cpa Cgma (Chairman)
  • Compensation: $0
  • Related: $12,375
  • Other: $0
Exceptral L Harden (Vice Chairman)
  • Compensation: $0
  • Related: $12,375
  • Other: $0
Allen B Bryan Cpa (Director)
  • Compensation: $0
  • Related: $12,316
  • Other: $0
John A Petros Md (Director)
  • Compensation: $0
  • Related: $11,375
  • Other: $0
Michael Collins (Director)
  • Compensation: $0
  • Related: $8,523
  • Other: $0
Where can I find the form 990 for The Associated Credit Union Foundation Inc?

The Associated Credit Union Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Associated Credit Union Foundation Inc

The Associated Credit Union Foundation, in its mission, is dedicated to fostering local and community development. It achieves this objective by granting financial assistance to various local non-profit organizations, specifically for their operational needs. By providing funding to these organizations, the Foundation plays a crucial role in supporting their efforts to enhance the well-being of their respective communities. This mission of The Associated Credit Union Foundation serves as a catalyst for positive change and growth within these communities, as the supported non-profits can effectively carry out their initiatives and make a tangible impact in their local areas.

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Impact




October, 2024

The Associated Credit Union Foundation Inc has a significant impact on local and community development by providing essential funding to local nonprofits. This financial support enables these organizations to operate effectively and expand their reach, creating a ripple effect that benefits the communities they serve. By focusing on operational purposes, the Foundation empowers nonprofits to address pressing community needs, foster economic growth, and enhance the quality of life for residents. Located in Norcross, GA, the Foundation plays a vital role in promoting philanthropy and facilitating positive change within the region. Through its initiatives, it strengthens the social fabric and encourages collaborative efforts that drive sustainable development.




This information is meant to be a general summary of The Associated Credit Union Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$180,257 (2022)
Expenses
$148,761 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $206,557

Assets and Liabilities:

  • Total Assets: $111,938
  • Total Liabilities: $0
  • Net Assets: $111,938

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Organization Details

Founding Year

2008

Principal Officer

Timothy Bridges

Main Address

6251 CROOKED CREEK ROAD, NORCROSS, GA, 30092

NTEE Category

Code: T21 - Philanthropy

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