Overview
What is Anoka Hennepin Credit Union?
Anoka Hennepin Credit Union is a community-focused, not-for-profit organization, serving the financial needs of approximately 18,199 members. Located in Coon Rapids, Minnesota (address: 3505 Northdale Blvd NW, ZIP 554486742), this credit union aims to become its members' primary financial institution. With a commitment to protecting members' assets and providing personal, convenient, and competitive services, Anoka Hennepin Credit Union offers an average of 5.70 products and services per member as of December 31, 2022. The organization employs a team of 73 individuals dedicated to helping its members thrive financially.
Official website here: www.ahcu.coop
Is Anoka Hennepin Credit Union legitimate?
Anoka Hennepin Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Anoka Hennepin 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: $988,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,045,040
For more financial information, click here
Official website here: www.ahcu.coop
What is the mission statement of Anoka Hennepin Credit Union?
Anoka Hennepin Credit Union operates as a community-focused, not-for-profit organization, with the primary goal of becoming its members' preferred financial institution. Its mission is centered around protecting members' assets and providing them with personal, convenient, and competitive services. The union strives to offer a comprehensive range of products and services to its 18,199 members, averaging 5.70 uses per member as of December 31, 2022. In essence, the credit union is driven by the ethos of 'members helping members,' aiming to cater to their financial needs effectively and efficiently.
Official website here: www.ahcu.coop
Who is the CEO of Anoka Hennepin Credit Union?
Jeffrey Claussen is the Director of Anoka Hennepin Credit Union. The CEO's salary of Anoka Hennepin Credit Union is $302,188 and their total compensation is $354,434.
Official website here: www.ahcu.coop
What is the revenue of Anoka Hennepin Credit Union?
Anoka Hennepin Credit Union's revenue in 2022 was $11,123,956.
Official website here: www.ahcu.coop
Who are the executives of Anoka Hennepin Credit Union and what are their salaries?
The average compensation at Anoka Hennepin Credit Union during 2022 was $55,255. There are 73 employees and 11 volunteers at Anoka Hennepin Credit Union.
Here are 14 key members and their salaries (Anoka Hennepin Credit Union's CEO's salary is $302,188 and their total compensation is $354,434):
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $880
- Related: $0
- Other: $0
- Compensation: $720
- Related: $0
- Other: $0
- Compensation: $770
- Related: $0
- Other: $0
- Compensation: $770
- Related: $0
- Other: $0
- Compensation: $560
- Related: $0
- Other: $0
- Compensation: $560
- Related: $0
- Other: $0
- Compensation: $1,660
- Related: $0
- Other: $0
- Compensation: $280
- Related: $0
- Other: $0
- Compensation: $302,188
- Related: $0
- Other: $52,246
- Compensation: $179,194
- Related: $0
- Other: $20,506
- Compensation: $212,443
- Related: $0
- Other: $21,828
- Compensation: $152,083
- Related: $0
- Other: $41,053
- Compensation: $160,136
- Related: $0
- Other: $9,847
Official website here: www.ahcu.coop
Where can I find the form 990 for Anoka Hennepin Credit Union?
Anoka Hennepin Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ahcu.coop
Learn more at the official website: www.ahcu.coop
Mission Statement of Anoka Hennepin Credit Union
Anoka Hennepin Credit Union is a community-focused, not-for-profit organization, with a mission to assist its members in becoming their primary financial institution. This mission is centered around protecting members' assets and providing them with personal, convenient, and competitive services. The credit union operates on the principle of 'members helping members,' aiming to cater to the financial needs of its 18,199 members as of December 31, 2022. On average, each member utilizes around 5.70 of their products and services.
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Impact
October, 2024
Anoka Hennepin Credit Union has a significant impact on its community by prioritizing the financial well-being of its members. With a focus on becoming members' primary financial institution, it serves 18,199 individuals, providing a range of personal, convenient, and competitive services tailored to their unique financial needs. On average, each member utilizes 5.70 products and services, reflecting the credit union's commitment to supporting diverse financial situations.
Operating in Coon Rapids, MN, Anoka Hennepin Credit Union emphasizes a members-helping-members philosophy that strengthens community bonds and enhances financial literacy. By protecting members' assets and fostering a supportive environment, the credit union plays a vital role in encouraging financial stability and growth within the community. This engagement not only serves individual members but also contributes to the overall economic health of the region.
This information is meant to be a general summary of Anoka Hennepin 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: $1,779,331
- Program Service Revenue: $9,344,625
- Gross Receipts: $11,132,267
Assets and Liabilities:
- Total Assets: $293,865,690
- Total Liabilities: $270,937,305
- Net Assets: $22,928,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$5,659,792
FEE INCOME
Revenue
$1,526,904
DEBIT AND CREDIT CARD INCOME
Revenue
$1,478,135
COMMISSION INCOME
Revenue
$141,735
Organization Details
Founding Year
1963
Phone
(763) 422-0290Principal Officer
Jeffrey Claussen
Main Address
3505 NORTHDALE BLVD NW, COON RAPIDS, MN, 554486742
Website
www.ahcu.coopNTEE Category
Code: W60 - Public benefit
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