Overview
What is Associated Healthcare Credit Union?
Associated Healthcare Credit Union is a nonprofit financial institution based in Woodbury, Minnesota. With a membership of over 12,796 individuals, the credit union manages deposits totaling $141,982,861 as of December 31, 2022. Its primary mission is to offer its qualifying members competitive lending, savings, and financial services, all while emphasizing exceptional customer service. By recognizing its members as owners, the credit union strives to provide benefits that are typically harder to find in the marketplace. With a team of 24 employees, Associated Healthcare Credit Union continues to serve its community by offering financial solutions tailored to its members' needs.
Official website here: www.ahcu.org
Is Associated Healthcare Credit Union legitimate?
Associated Healthcare Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Associated Healthcare Credit Union 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: $457,207
Professional Fundraising Fees: $0
Other Salaries and Wages: $973,397
For more financial information, click here
Official website here: www.ahcu.org
What is the mission statement of Associated Healthcare Credit Union?
The Associated Healthcare Credit Union's mission is centered around providing superior financial services to its eligible members. This includes offering competitive lending, savings, and other financial solutions, often at terms superior to those available in the general marketplace. The credit union operates with a service-oriented emphasis, acknowledging its members as its owners. The primary focus is on delivering these services with a dedication to quality and member satisfaction. As of December 31, 2022, the credit union managed 12,796 member accounts with combined deposits totaling $141,982,861.
Official website here: www.ahcu.org
Who is the CEO of Associated Healthcare Credit Union?
Theresa Malone is the Ceo of Associated Healthcare Credit Union. The CEO's salary of Associated Healthcare Credit Union is $222,426 and their total compensation is $269,447.
Official website here: www.ahcu.org
What is the revenue of Associated Healthcare Credit Union?
Associated Healthcare Credit Union's revenue in 2022 was $6,129,567.
Official website here: www.ahcu.org
Who are the executives of Associated Healthcare Credit Union and what are their salaries?
The average compensation at Associated Healthcare Credit Union during 2022 was $59,608. There are 24 employees and 7 volunteers at Associated Healthcare Credit Union.
Here are 10 key members and their salaries (Associated Healthcare Credit Union's CEO's salary is $222,426 and their total compensation is $269,447):
- Compensation: $575
- Related: $0
- Other: $0
- Compensation: $525
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $475
- Related: $0
- Other: $0
- Compensation: $475
- Related: $0
- Other: $0
- Compensation: $425
- Related: $0
- Other: $0
- Compensation: $275
- Related: $0
- Other: $0
- Compensation: $222,426
- Related: $0
- Other: $47,021
- Compensation: $168,519
- Related: $0
- Other: $15,991
- Compensation: $118,411
- Related: $0
- Other: $13,577
Official website here: www.ahcu.org
Where can I find the form 990 for Associated Healthcare Credit Union?
Associated Healthcare Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ahcu.org
Learn more at the official website: www.ahcu.org
Mission Statement of Associated Healthcare Credit Union
Associated Healthcare Credit Union is committed to serving its qualifying members by providing lending, savings, and various financial services. This organization stands out in the marketplace by offering terms that are generally more favorable than what is commonly available. Beyond the financial aspect, Associated Healthcare Credit Union places a significant emphasis on service, recognizing its members as owners. This service-oriented approach is ingrained in their operations, ensuring that their members are well-catered to in their financial journeys. As of December 31, 2022, the credit union managed 12,796 member accounts with deposits totaling $141,982,861.
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Impact
October, 2024
Associated Healthcare Credit Union significantly impacts its members and the community by offering financial services tailored to meet the needs of healthcare professionals. With a focus on better lending and savings terms than what is typically available in the market, the credit union plays a crucial role in enhancing the financial well-being of its 12,796 member accounts, which together hold deposits exceeding $141 million.
By recognizing its members as "owners," the credit union emphasizes a service-oriented approach that fosters a strong sense of community. This commitment to providing accessible financial solutions not only empowers individual members but also contributes to the overall economic health of the Woodbury, MN area. Through various depository services, Associated Healthcare Credit Union maintains a focus on improving the financial opportunities for those in the healthcare field, sustaining a model that benefits both its members and the broader public.
This information is meant to be a general summary of Associated Healthcare Credit Union. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $360,239
- Program Service Revenue: $5,769,328
- Gross Receipts: $6,153,567
Assets and Liabilities:
- Total Assets: $159,447,035
- Total Liabilities: $143,097,380
- Net Assets: $16,349,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$3,894,678
OTHER INCOME
Revenue
$1,157,509
FEES/CHARGES
Revenue
$717,141
Organization Details
Founding Year
1953
Phone
(651) 383-4000Principal Officer
Theresa Malone
Main Address
6789 UPPER AFTON RD, WOODBURY, MN, 55125
Website
www.ahcu.orgNTEE Category
Code: W60 - Public benefit
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