Aim Credit Union

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

EIN: 420329305 ✦ Dubuque, IA ✦ Designated as a 501(c)(14)

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Overview

What is Aim Credit Union?

Aim Credit Union, located at 1200 Associates Drive, Dubuque, Iowa 52002, is a member-focused financial institution committed to delivering exceptional services. Its mission is to provide personalized financial solutions, aiming to help its members achieve their financial goals. In 2022, the credit union expanded its member base by opening 391 new deposit accounts, and as of December 31, 2022, it served a total of 11,021 members. With a dedicated workforce of 31 employees, Aim Credit Union offers various deposit account options to its members.


Official website here: www.aimcreditunion.com

Is Aim Credit Union legitimate?

Aim Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Aim 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: $220,178
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,276,346

For more financial information, click here


Official website here: www.aimcreditunion.com

What is the mission statement of Aim Credit Union?

Aim Credit Union's mission is centered around delivering exceptional service and providing personalized financial solutions to its members. By doing so, the credit union aims to assist its members in achieving their financial goals. The credit union offers various deposit account options and had 391 new deposit accounts opened in 2022. As of December 31, 2022, Aim Credit Union had a membership base of 11,021 individuals.


Official website here: www.aimcreditunion.com

Who is the CEO of Aim Credit Union?

Mike Moroney is the President / of Aim Credit Union.


Official website here: www.aimcreditunion.com

What is the revenue of Aim Credit Union?

Aim Credit Union's revenue in 2022 was $6,668,128.


Official website here: www.aimcreditunion.com

Who are the executives of Aim Credit Union and what are their salaries?

The average compensation at Aim Credit Union during 2022 was $48,275. There are 31 employees and 10 volunteers at Aim Credit Union.


Here are 11 key members and their salaries:


Mike Moroney (President /)
  • Compensation: $220,178
  • Related: $0
  • Other: $53,092
Jack Schumacher (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Eddy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Jenkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Miller (Director/Aud)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Even (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joesph Kubesheski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Copeland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Arthofer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Wulfekhule (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aimcreditunion.com

Where can I find the form 990 for Aim Credit Union?

Aim Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aimcreditunion.com

Learn more at the official website: www.aimcreditunion.com

Mission Statement of Aim Credit Union

Aim Credit Union, a financial institution dedicated to its members, is committed to delivering exceptional service and tailored financial solutions. This mission is centered around helping its members achieve their goals. By offering a variety of deposit accounts, Aim Credit Union empowers its members to save and manage their funds effectively. In the year 2022, the credit union expanded its member base by opening 391 new deposit accounts, reflecting its commitment to growth and service. As of December 31, 2022, Aim Credit Union boasted a membership of 11,021 individuals, underscoring its wide-reaching influence and member support.

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Impact




October, 2024

Aim Credit Union significantly impacts its community by providing exceptional service and personalized financial solutions tailored to help members achieve their financial goals. In 2022 alone, the credit union opened 391 new deposit accounts, demonstrating a commitment to fostering financial inclusion and growth within the community. With a membership base of 11,021 as of December 31, 2022, Aim Credit Union is a vital financial resource in Dubuque, Iowa, working diligently to support its members through diverse deposit account options and a member-centric approach. This focus not only enhances individual financial stability but also contributes to the overall economic health of the community.




This information is meant to be a general summary of Aim 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.

Revenue
$6,668,128 (2022)
Expenses
$5,579,019 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $518,457
  • Program Service Revenue: $6,102,705
  • Gross Receipts: $6,669,677

Assets and Liabilities:

  • Total Assets: $162,420,940
  • Total Liabilities: $143,345,980
  • Net Assets: $19,074,960

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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

$4,562,020

OTHER MEMBER RELATED INCOME

Revenue

$1,380,459

MEMBER FEE INCOME

Revenue

$117,117

FEE & INSURANCE REVENUE

Revenue

$43,109

Organization Details

Founding Year

1933

Principal Officer

Mike Moroney

Main Address

1200 ASSOCIATES DRIVE, DUBUQUE, IA, 52002

NTEE Category

Code: W60 - Public benefit

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