American Credit Union Mortgage Assn

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

EIN: 954573503 ✦ Middleton, WI ✦ Designated as a 501(c)(6)

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Overview

What is American Credit Union Mortgage Assn?

American Credit Union Mortgage Assn is a nonprofit organization situated in Middleton, Wisconsin, with a focus on promoting real estate lending within the credit union industry. They have a small team of five dedicated individuals. To achieve their mission, they conduct workshops, such as one held in Nashville, Tennessee, and another in Portland, Oregon, in addition to a conference in Las Vegas, Nevada. They also offer numerous virtual learning opportunities for their members. The organization's goals are to support and foster growth in the credit union real estate lending sector.


Official website here: www.acuma.org

Is American Credit Union Mortgage Assn legitimate?

American Credit Union Mortgage Assn is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Credit Union Mortgage Assn 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: $381,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,210

For more financial information, click here


Official website here: www.acuma.org

What is the mission statement of American Credit Union Mortgage Assn?

The American Credit Union Mortgage Association's mission is centered around promoting real estate lending within the credit union industry. This mission is reflected in their activities, which include organizing workshops and conferences, as well as providing numerous virtual learning opportunities, to help further their objectives. The association's primary goal is to contribute to the growth and development of real estate lending within the credit union sector.


Official website here: www.acuma.org

Who is the CEO of American Credit Union Mortgage Assn?

Peter Benjamin is the Board Chair of American Credit Union Mortgage Assn.


Official website here: www.acuma.org

What is the revenue of American Credit Union Mortgage Assn?

American Credit Union Mortgage Assn's revenue in 2022 was $2,158,164.


Official website here: www.acuma.org

Who are the executives of American Credit Union Mortgage Assn and what are their salaries?

The average compensation at American Credit Union Mortgage Assn during 2022 was $145,895. There are 5 employees and 9 volunteers at American Credit Union Mortgage Assn.


Here are 12 key members and their salaries:


Barry Stricklin (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Moser (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alissa Sykes-Tulloch (Board Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Sasena (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernie Chavira (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Bowering (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Salinas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wilburn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Benjamin (President)
  • Compensation: $265,000
  • Related: $0
  • Other: $13,083
Tracey Ashfield (President (Through Jan))
  • Compensation: $97,341
  • Related: $0
  • Other: $5,840
Krista Korfmacher (Director Of Events)
  • Compensation: $178,949
  • Related: $0
  • Other: $10,248


Official website here: www.acuma.org

Where can I find the form 990 for American Credit Union Mortgage Assn?

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


Official website here: www.acuma.org

Learn more at the official website: www.acuma.org

Mission Statement of American Credit Union Mortgage Assn

American Credit Union Mortgage Association, abbreviated as ACUMA, is an organization devoted to fostering real estate lending within the credit union industry. Their primary mission is to stimulate and encourage real estate financing within this sector. To achieve this goal, ACUMA conducts workshops, seminars, and conferences, as demonstrated by their events in Nashville, Tennessee in May, Portland, Oregon in June, and a conference in Las Vegas, Nevada in September. Moreover, ACUMA offers virtual learning opportunities, providing their members with over 40 opportunities to expand their knowledge and skills in the realm of real estate lending. By investing in these educational resources, ACUMA supports and encourages the growth of real estate lending within the credit union industry.

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Impact




October, 2024

American Credit Union Mortgage Association plays a significant role in furthering real estate lending within the credit union sector. By organizing workshops and conferences, such as those held in Nashville and Portland, as well as a key event in Las Vegas, the organization fosters collaboration and knowledge-sharing among its members. These gatherings not only enhance professional development but also strengthen networks within the industry.

Furthermore, the association provides over 40 virtual learning opportunities, ensuring that its members have access to valuable resources and training that can help them navigate the complexities of real estate lending. Through these initiatives, American Credit Union Mortgage Association contributes to the growth and professionalism of credit unions, ultimately benefiting consumers by promoting responsible lending practices and increasing access to home financing options. This focus on education, collaboration, and innovation underscores the association's commitment to advancing the credit union mortgage sector.




This information is meant to be a general summary of American Credit Union Mortgage Assn. 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
$2,158,164 (2022)
Expenses
$2,115,004 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $639
  • Program Service Revenue: $2,156,769
  • Gross Receipts: $2,158,164

Assets and Liabilities:

  • Total Assets: $1,379,552
  • Total Liabilities: $374,249
  • Net Assets: $1,005,303

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCE REVENUE

Revenue

$890,773

SPONSORSHIPS

Revenue

$741,028

MEMBERSHIP DUES

Revenue

$474,718

PERIODICAL ADVERTISING

Revenue

$50,250

Organization Details

Founding Year

1996

Principal Officer

Peter Benjamin

Main Address

6907 UNIVERSITY AVENUE 331, MIDDLETON, WI, 53562

NTEE Category

Code: W03 - Public benefit

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