Civic Intelligence

Associated Healthcare Credit Union

990 • Fiscal year 2011 • EIN 41-0738787

Jan 01, 2011 to Dec 31, 2011 • Filed on May 22, 2012

Organization ProfileWWW.AHCU.ORG

View Organization Page

360 Sherman Street Suite B-1055102
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.92x

Higher debt load relative to assets than 81% of similar nonprofits.

2011 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

100th percentile

41%

Faster asset growth than 100% of similar nonprofits.

2011 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$75,260,940

Up $21,898,869 (+41%) from 2010

Net Assets

Up

$6,357,279

Up $1,036,180 (+19%) from 2010

Liabilities

Up

$68,903,661

Up $20,862,689 (+43%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,007,409

Up $742,454 (+23%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2010: $53,362,071Liabilities 2010: $48,040,972Net Assets 2010: $5,321,0992010Assets 2011: $75,260,940Liabilities 2011: $68,903,661Net Assets 2011: $6,357,2792011Assets 2012: $76,757,500Liabilities 2012: $69,938,992Net Assets 2012: $6,818,5082012Assets 2013: $97,957,693Liabilities 2013: $89,958,650Net Assets 2013: $7,999,0432013Assets 2014: $97,248,012Liabilities 2014: $88,443,597Net Assets 2014: $8,804,4152014Assets 2015: $101,836,176Liabilities 2015: $92,511,709Net Assets 2015: $9,324,4672015Assets 2016: $107,637,014Liabilities 2016: $97,656,147Net Assets 2016: $9,980,8672016Assets 2017: $112,476,772Liabilities 2017: $101,798,911Net Assets 2017: $10,677,8612017Assets 2018: $114,150,095Liabilities 2018: $102,507,734Net Assets 2018: $11,642,3612018Assets 2019: $119,757,286Liabilities 2019: $106,697,761Net Assets 2019: $13,059,5252019Assets 2020: $142,184,471Liabilities 2020: $128,016,514Net Assets 2020: $14,167,9572020Assets 2021: $154,994,819Liabilities 2021: $139,141,165Net Assets 2021: $15,853,6542021Assets 2022: $159,447,035Liabilities 2022: $143,097,380Net Assets 2022: $16,349,6552022Assets 2023: $156,518,551Liabilities 2023: $138,310,138Net Assets 2023: $18,208,4132023Assets 2024: $162,580,704Liabilities 2024: $142,412,697Net Assets 2024: $20,168,0072024

Highlighted filing

2011

Assets$75,260,940
Liabilities$68,903,661
Net Assets$6,357,279
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0Expenses 2010: $3,264,9552010Expenses 2011: $4,007,4092011Revenue 2012: $4,308,391Expenses 2012: $3,847,162Net Income 2012: $461,2292012Revenue 2013: $4,751,970Expenses 2013: $4,738,653Net Income 2013: $13,3172013Revenue 2014: $4,959,379Expenses 2014: $4,250,544Net Income 2014: $708,8352014Revenue 2015: $4,674,137Expenses 2015: $4,066,127Net Income 2015: $608,0102015Revenue 2016: $4,628,013Expenses 2016: $3,977,822Net Income 2016: $650,1912016Revenue 2017: $5,034,294Expenses 2017: $4,315,071Net Income 2017: $719,2232017Revenue 2018: $5,792,577Expenses 2018: $4,821,033Net Income 2018: $971,5442018Revenue 2019: $6,232,567Expenses 2019: $4,821,358Net Income 2019: $1,411,2092019Revenue 2020: $5,697,900Expenses 2020: $4,626,393Net Income 2020: $1,071,5072020Revenue 2021: $6,131,290Expenses 2021: $4,309,843Net Income 2021: $1,821,4472021Revenue 2022: $6,129,567Expenses 2022: $4,577,618Net Income 2022: $1,551,9492022Revenue 2023: $7,645,894Expenses 2023: $5,739,681Net Income 2023: $1,906,2132023Revenue 2024: $8,823,252Expenses 2024: $7,155,677Net Income 2024: $1,667,5752024

Highlighted filing

2011

Revenue-
Expenses$4,007,409
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 22, 2012
Return Version
2011v1.2
Gross Receipts
$3,472,847
Mission and Program Overview

Mission

To provide lending, savings and other financial services to its qualifying members at terms generally better than available in the marketplace and with a "service-based emphasis" that recognizes the members' status as "owners".

Major Activities

Activity 2
The credit union provides a variety of lending services to our membership. We had 6,760 loans outstanding as of december 31, 2011 with balances of $50,863,696.
Activity 3
The credit union provides access to members to their accounts via home banking, atm network and in person.
Filing and Contact Details

Filer

EIN
41-0738787
Raw XML AppendixShowing 400 of 418 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY0125468
IRS990/AccountsPayableAccruedExpenses/EOY0219009
IRS990/ActivitiesConductedPartnership00
IRS990/Activity2/Description0THE CREDIT UNION PROVIDES A VARIETY OF LENDING SERVICES TO OUR MEMBERSHIP. WE HAD 6,760 LOANS OUTSTANDING AS OF DECEMBER 31, 2011 WITH BALANCES OF $50,863,696.
IRS990/Activity3/Description0THE CREDIT UNION PROVIDES ACCESS TO MEMBERS TO THEIR ACCOUNTS VIA HOME BANKING, ATM NETWORK AND IN PERSON.
IRS990/ActivityOrMissionDescription0TO CONDUCT THE ORDINARY AND NECESSARY BUSINESS OF A CREDIT UNION INVOLVING THE RECEIVING OF SAVINGS FROM MEMBERS AND LENDING MONEY TO MEMBERS FOR PROVIDENT PURPOSES.
IRS990/AddressPrincipalOfficerUS/AddressLine10360 SHERMAN STREET SUITE B-10
IRS990/AddressPrincipalOfficerUS/City0SAINT PAUL
IRS990/AddressPrincipalOfficerUS/State0MN
IRS990/AddressPrincipalOfficerUS/ZIPCode055102
IRS990/AllOtherExpenses/Total0119122
IRS990/AnnualDisclosureCoveredPersons01
IRS990/BenefitsPaidToMembersCY0312494
IRS990/BenefitsPaidToMembersPriorYear0431791
IRS990/BenefitsToMembers/Total0312494
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CapStckTrstPrinCurrentFunds/BOY00
IRS990/CapStckTrstPrinCurrentFunds/EOY00
IRS990/CashNonInterestBearing/BOY0667383
IRS990/CashNonInterestBearing/EOY01027682
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Total0211817
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther00
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/Total042739
IRS990/DescribedIn501C300
IRS990/Description0THE CREDIT UNION PROVIDES A VARIETY OF DEPOSITORY SERVICES TO OUR MEMBERSHIP. WE HAD 20,640 MEMBER ACCOUNTS WITH DEPOSITS OF $68,684,652 AS OF DECEMBER 31, 2011.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled01
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek71.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek81.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek91.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek101.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek111.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek121.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1340.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1440.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1540.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector9X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector10X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector11X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector12X
IRS990/Form990PartVIISectionA/NamePerson0JACK ROE
IRS990/Form990PartVIISectionA/NamePerson1MARK BORTNEM
IRS990/Form990PartVIISectionA/NamePerson2THOMAS GAVINSKI
IRS990/Form990PartVIISectionA/NamePerson3LINDA ZDON
IRS990/Form990PartVIISectionA/NamePerson4CHRISTOPHER MERZ
IRS990/Form990PartVIISectionA/NamePerson5DONNA FINK
IRS990/Form990PartVIISectionA/NamePerson6RAYMOND MARTIN
IRS990/Form990PartVIISectionA/NamePerson7KATINA MCDUGLE
IRS990/Form990PartVIISectionA/NamePerson8BILL STANDKE
IRS990/Form990PartVIISectionA/NamePerson9DENNIS O'KEEFE
IRS990/Form990PartVIISectionA/NamePerson10PATTI ELLIOT
IRS990/Form990PartVIISectionA/NamePerson11DOUG WOBBEMA
IRS990/Form990PartVIISectionA/NamePerson12ALICE PERRY
IRS990/Form990PartVIISectionA/NamePerson13JERRY ZIEGLER
IRS990/Form990PartVIISectionA/NamePerson14COLLEEN JOHNSON
IRS990/Form990PartVIISectionA/NamePerson15MIKE KROLL
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/OtherCompensation110
IRS990/Form990PartVIISectionA/OtherCompensation120
IRS990/Form990PartVIISectionA/OtherCompensation1314166
IRS990/Form990PartVIISectionA/OtherCompensation1410190
IRS990/Form990PartVIISectionA/OtherCompensation151446
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization0130
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1200
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization2180
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization380
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization4220
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization570
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization6220
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization790
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization870
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization990
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1210
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1393659
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1477241
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1513645
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs120
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs130
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs140
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs150
IRS990/Form990PartVIISectionA/Title0TREASURER
IRS990/Form990PartVIISectionA/Title1VICE CHAIR
IRS990/Form990PartVIISectionA/Title2CHAIR
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6SECRETARY
IRS990/Form990PartVIISectionA/Title7DIRECTOR
IRS990/Form990PartVIISectionA/Title8DIRECTOR
IRS990/Form990PartVIISectionA/Title9DIRECTOR
IRS990/Form990PartVIISectionA/Title10DIRECTOR
IRS990/Form990PartVIISectionA/Title11DIRECTOR
IRS990/Form990PartVIISectionA/Title12DIRECTOR
IRS990/Form990PartVIISectionA/Title13CEO
IRS990/Form990PartVIISectionA/Title14VP OPERATIONS
IRS990/Form990PartVIISectionA/Title15VP LENDING
IRS990/Form990ProvidedToGoverningBody01
IRS990/Form990-TFiled01
IRS990/FormersListed00
IRS990/FSAudited00
IRS990/FundraisingActivities00
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts03472847
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt00
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/IntangibleAssets/EOY0432410
IRS990/Interest/Total0118
IRS990/InvestmentIncomeCurrentYear0267802
IRS990/InvestmentIncome/ExclusionAmount0267802
IRS990/InvestmentIncomePriorYear0236897
IRS990/InvestmentIncome/TotalRevenueColumn0267802
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsProgramRelated/BOY0441580
IRS990/InvestmentsProgramRelated/EOY0663375
IRS990/LandBldgEquipmentAccumDeprec0932924
IRS990/LandBuildingsEquipmentBasis01151679
IRS990/LandBuildingsEquipmentBasisNet/BOY091423
IRS990/LandBuildingsEquipmentBasisNet/EOY0218755
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE-BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS "OWNERS".
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0JERRY ZIEGLER
IRS990/NbrIndependentVotingMembers011
IRS990/NbrVotingGoverningBodyMembers011
IRS990/NbrVotingMembersGoverningBody011
IRS990/NetAssetsOrFundBalancesBOY05321099
IRS990/NetAssetsOrFundBalancesEOY06357279
IRS990/NetUnrelatedBusinessTxblIncome0-27543
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109601685
IRS990/NumberIndependentVotingMembers011
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees043
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total0215014
IRS990/OfficeExpenses/Total0672552
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY0649158
IRS990/OtherAssetsTotal/EOY0820363
IRS990/OtherEmployeeBenefits/Total0110062
IRS990/OtherExpensePriorYear01845623
IRS990/OtherExpensesCurrentYear02653020
IRS990/OtherExpenses/Description0LOAN LOSS PROVISION
IRS990/OtherExpenses/Description1PROFESSIONAL/OUTSIDE
IRS990/OtherExpenses/Description2LOAN SERVICE EXPENSE
IRS990/OtherExpenses/Description3CORPORATE FUND ASSESSME
IRS990/OtherExpenses/Total0996537
IRS990/OtherExpenses/Total1309558
IRS990/OtherExpenses/Total2156828
IRS990/OtherExpenses/Total3122346
IRS990/OtherLiabilities/BOY047915504
IRS990/OtherLiabilities/EOY068684652
IRS990/OtherNotesLoansReceivableNet/BOY035885332
IRS990/OtherNotesLoansReceivableNet/EOY049876857
IRS990/OtherRevenueCurrentYear00
IRS990/OtherRevenuePriorYear00
IRS990/OtherSalariesAndWages/Total0620117
IRS990/PaidInCapSrplsLandBldgEqpFund/BOY00
IRS990/PaidInCapSrplsLandBldgEqpFund/EOY00
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Total076586
IRS990/PensionPlanContributions/Total023313
IRS990/PoliticalActivities00
IRS990/PrepaidExpensesDeferredCharges/BOY060621
IRS990/PrepaidExpensesDeferredCharges/EOY070139
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenue/BusinessCode1522100
IRS990/ProgramServiceRevenue/BusinessCode2524298
IRS990/ProgramServiceRevenueCY03205045
IRS990/ProgramServiceRevenue/Description0LOAN INTEREST
IRS990/ProgramServiceRevenue/Description1FEES/CHARGES
IRS990/ProgramServiceRevenue/Description2OTHER INCOME
IRS990/ProgramServiceRevenuePriorYear03261898
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome02655597
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1467903
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome29535
IRS990/ProgramServiceRevenue/TotalRevenueColumn02655597
IRS990/ProgramServiceRevenue/TotalRevenueColumn1539913
IRS990/ProgramServiceRevenue/TotalRevenueColumn29535
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue072010
IRS990/ProhibitedTaxShelterTrans00
IRS990/ReconcilationOtherChanges01570742
IRS990/ReconcilationRevenueExpenses0-534562
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RetainedEarningsEndowmentEtc/BOY05321099
IRS990/RetainedEarningsEndowmentEtc/EOY06357279
IRS990/RevenuesLessExpensesCY0-534562
IRS990/RevenuesLessExpensesPriorYear0233840
IRS990/SalariesEtcCurrentYear01041895
IRS990/SalariesEtcPriorYear0987541
IRS990/SavingsAndTempCashInvestments/BOY015566574
IRS990/SavingsAndTempCashInvestments/EOY022151359
IRS990/ScheduleBRequired00
IRS990ScheduleD/Equipment/BookValue070398
IRS990ScheduleD/Equipment/Depreciation0788553
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0858951
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0AS ALLOWED BY STATE REGULATORY AUTHORITIES, THE AUDIT IS DONE AS OF JUNE 30. THE REPORTING PERIOD FOR THE AUDIT, THEREFORE, DOES NOT MATCH THE REPORTING PERIOD FOR THE 990. PER FOOTNOTE 1 IN THE CREDIT UNION'S JUNE 30, 2011 FINANCIAL STATEMENTS, AHCU IS EXEMPT, UNDER IRC 501 (C) (14), FROM FEDERAL AND STATE INCOME TAXES. CERTAIN PRODUCTS AND SERVICES PROVIDED BY SELECT STATE CHARTERED CREDIT UNIONS HAVE BEEN DEEMED BY THE INTERNAL REVENUE SERVICE (IRS), IN TECHNICAL ADVICE MEMORANDUMS (TAMS) RELEASED IN 2007, TO BE UNRELATED TO THE SPECIFIC ENTITYS EXEMPT PURPOSE. AS PRESENTED IN THE TECHNICAL ADVICE MEMORANDUMS THE NET TAXABLE INCOME FROM THESE PRODUCTS AND SERVICES WOULD BE SUBJECT TO INCOME TAXES. CREDIT UNIONS HAVE LITIGATED AGAINST THE IRS POSITIONS NOTED IN THE TAMS AND HAVE BEEN SUCCESSFUL IN HAVING COURTS DECLARE IN 2009 AND 2010 THAT REVENUE FROM INSURANCE PRODUCTS SOLD TO MEMBERS, HELPING THEM PROTECT THEIR FINANCIAL WELL-BEING, QUALIFIES AS EXEMPT PURPOSE INCOME, CONTRARY TO THE IRS POSITION IN THE TAMS. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR POTENTIAL TAXABLE ACTIVITIES, RESULTING IN NO TAX LIABILITY, BUT RATHER LOSS CARRYFORWARDS EXPIRING OVER THE NEXT 20 YEARS. AS THE LOSS CARRYFORWARDS ARE NOT EXPECTED TO BE UTILIZED TO OFFSET FUTURE TAXABLE EARNINGS NO DEFERRED TAX ASSET HAS BEEN RECORDED. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS ON JULY 1, 2009. AS A RESULT OF THE IMPLEMENTATION, THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF JUNE 30, 2011 AND 2010. THE CREDIT UNION'S 2007 THROUGH 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/LeaseholdImprovements/BookValue0148357
IRS990ScheduleD/LeaseholdImprovements/Depreciation0144371
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis0292728
IRS990ScheduleD/OtherLiabilities/Amount025212630
IRS990ScheduleD/OtherLiabilities/Amount110222812
IRS990ScheduleD/OtherLiabilities/Amount212731761
IRS990ScheduleD/OtherLiabilities/Amount318854664
IRS990ScheduleD/OtherLiabilities/Amount41650745
IRS990ScheduleD/OtherLiabilities/Amount512040
IRS990ScheduleD/OtherLiabilities/Description0SHARES
IRS990ScheduleD/OtherLiabilities/Description1SHARE DRAFTS
IRS990ScheduleD/OtherLiabilities/Description2CERTIFICATES
IRS990ScheduleD/OtherLiabilities/Description3MONEY MARKET
IRS990ScheduleD/OtherLiabilities/Description4IRA ACCOUNTS
IRS990ScheduleD/OtherLiabilities/Description5ALL OTHER SHARES
IRS990ScheduleD/TotalOfAmounts068684652
IRS990ScheduleD/TotalOfBookValueLandBuildings0218755
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE CREDIT UNION IS COMPRISED OF A SINGLE CLASS OF MEMBERS, EACH OF WHICH HAS EQUAL VOTING RIGHTS AT THE ANNUAL MEETINGS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE MEMBERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS FOR THREE-YEAR TERMS ON A ROTATING BASIS. THE BOARD OF DIRECTORS APPOINT VOLUNTEERS TO SERVE AS OFFICERS AND ON ANY COMMITTEES, SUCH AS THE SUPERVISORY COMMITTEE.
IRS990ScheduleO/GeneralExplanation/Explanation2CHANGES TO THE GOVERNING DOCUMENTS (BYLAWS) MUST BE APPROVED BY THE MEMBER-OWNERS AFTER THEY HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS AND THE REGULATORY AGENCY. APPROVAL OCCURS WHEN AT LEAST 50% OF THE MEMBER-OWNERS VOTE TO APPROVE.
IRS990ScheduleO/GeneralExplanation/Explanation3PRIOR TO BEING FILED WITH THE IRS, A COPY OF THE IRS FORM 990 AND RELATED SCHEDULES ARE REVIEWD BY THE CEO, INCLUDING A CONFIRMATION OF THE ACCURACY. ALSO, A COPY WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS VIA SECURE WEBSITE BEFORE FILING THE FORM 990.
IRS990ScheduleO/GeneralExplanation/Explanation4BOARD MEMBERS AND OFFICERS ANNUALLY COMPLETE A SURVEY RELATED TO LOANS, BUSINESS RELATIONSHIPS, AND FAMILY MEMBERS THAT COULD, OR DO, CREATE A CONFLICT OF INTEREST. THESE ARE SUMMARIZED AND MAINTAINED IN A DOCUMENT PRESENT AT EACH BOARD MEETING. CONFLICTS OF INTEREST ARE DETERMINED BY A REVIEW OF THE POTENTIAL CONFLICTS BY THE CEO AND THE BOARD OF DIRECTORS. IF A CONFLICT EXISTS, THEN THE CONFLICTED BOARD MEMBER OR OFFICER IS EXCLUDED FROM DISCUSSIONS AND VOTES RELATED TO ANY POTENTIAL OR EXISTING RELATIONSHIPS INVOLVING THE CONFLICT OF INTEREST. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST WAS INTENTIONALLY HIDDEN BY A BOARD MEMBER, THEN THE SITUATION WOULD BE INVESTIGATED BY THE SUPERVISORY COMMITTEE AND THE BOARD MEMBER COULD BE SUSPENDED AND SUBJECT TO DISMISSAL AT A SPECIAL MEETING OF ALL OF THE MEMBER-OWNERS. ADDITIONALLY, THE REMAINING BOARD MEMBERS AND OFFICERS WILL REVIEW, FOR FAIRNESS, ALL PAST TRANSACTIONS INVOLVING THE CONFLICT OF INTERESTS. IF A TRANSACTION APPEARS TO LACK ARMS-LENGTH, EITHER TO THE DETRIMENT OF THE CREDIT UNION, OR TO THE UNFAIR ADVANTAGE OF THE BOARD MEMBER, THEN ALL LEGAL REMEDIES WILL BE CONSIDERED.
IRS990ScheduleO/GeneralExplanation/Explanation5THE PROCESS USED TO SET THE CEO'S ANNUAL SALARY IS BASED ON A COMBINATION OF COMPARISON TO COMPARABLE SIZED CREDIT UNIONS THROUGH USE OF CUNA'S ANNUAL COMPENSATION SURVEY AND ATTAINMENT IN THE CURRENT YEAR OF PREDEFINED PERFORMANCE OBJECTIVES SET FOR THE CEO PERSONALLY AND THE CREDIT UNION. THIS PROCESS IS PERFORMED BY A SUBCOMMITTEE OF THE BOARD AND PRESENTED TO THE FULL BOARD FOR APPROVAL. THIS PROCESS IS COMPLETED BY THE FIRST MONTH OF THE FOLLOWING YEAR AND IS APPROVED AT THE JANUARY BOARD MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation6THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH POSTING IN CREDIT UNION OFFICES AND ALSO AT ANNUAL MEETINGS. THE CREDIT UNION'S CONFLICT OF INTEREST POLICY AND BY-LAWS ARE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/GeneralExplanation/Explanation7EQUITY ACQUIRED IN MERGER 1,570,742. TOTAL TO FORM 990, PART XI, LINE 5: 1,570,742.
IRS990ScheduleO/GeneralExplanation/Explanation8THE AUDIT IS DONE AS OF JUNE 30. THE REPORTING PERIOD FOR THE AUDIT, THEREFORE, DOESN'T MATCH THE REPORTING PERIOD FOR THE 990.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART XII, LINE 2B:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MN
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10360 SHERMAN ST B-10
IRS990/TheBooksAreInCareOf/AddressUS/City0ST PAUL
IRS990/TheBooksAreInCareOf/AddressUS/State0MN
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode055102
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10SYDNEY LEE
IRS990/TheBooksAreInCareOf/TelephoneNumber06512415598
IRS990/TotalAssets/BOY053362071
IRS990/TotalAssetsBOY053362071
IRS990/TotalAssets/EOY075260940
IRS990/TotalAssetsEOY075260940
IRS990/TotalCompGT150K00
IRS990/TotalExpensesCurrentYear04007409
IRS990/TotalExpensesPriorYear03264955
IRS990/TotalFunctionalExpenses/Total04007409
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI072010
IRS990/TotalLiabilities/BOY048040972
IRS990/TotalLiabilitiesBOY048040972
IRS990/TotalLiabilities/EOY068903661
IRS990/TotalLiabilitiesEOY068903661
IRS990/TotalLiabNetAssetsFundBalances/BOY053362071
IRS990/TotalLiabNetAssetsFundBalances/EOY075260940
IRS990/TotalNbrEmployees043
IRS990/TotalNbrVolunteers00
IRS990/TotalNetAssetsFundBalances/BOY05321099
IRS990/TotalNetAssetsFundBalances/EOY06357279
IRS990/TotalOtherCompensation025802
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue03205045
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0186015
IRS990/TotalRevenueCurrentYear03472847
IRS990/TotalRevenue/ExclusionAmount0267802
IRS990/TotalRevenuePriorYear03498795
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome03133035
IRS990/TotalRevenue/TotalRevenueColumn03472847
IRS990/TotalRevenue/UnrelatedBusinessRevenue072010
IRS990/TransactionRelatedEntity00
IRS990/Travel/Total018206
IRS990/TypeOfOrganizationOther0X
IRS990/TypeOfOrgOtherDescription0CU
IRS990/UnrelatedBusinessIncome01
IRS990/UponRequest0X
IRS990/WebSite0WWW.AHCU.ORG
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01953
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0410738787
ReturnHeader/Filer/Name/BusinessNameLine10ASSOCIATED HEALTHCARE CREDIT UNION
ReturnHeader/Filer/NameControl0ASSO
ReturnHeader/Filer/Phone06512415598
ReturnHeader/Filer/USAddress/AddressLine10360 SHERMAN STREET SUITE B-10
ReturnHeader/Filer/USAddress/City0SAINT PAUL
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055102

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$75,260,940
Liabilities
$68,903,661
Net assets
$6,357,279
Revenue
-
Expenses
$4,007,409
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$163$142$20.2$8.82$7.16$1.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$157$138$18.2$7.65$5.74$1.91
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$159$143$16.3$6.13$4.58$1.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$155$139$15.9$6.13$4.31$1.82
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$142$128$14.2$5.70$4.63$1.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$120$107$13.1$6.23$4.82$1.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$114$103$11.6$5.79$4.82$0.97
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$102$10.7$5.03$4.32$0.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$97.7$9.98$4.63$3.98$0.65
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$102$92.5$9.32$4.67$4.07$0.61
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.2$88.4$8.80$4.96$4.25$0.71
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$98.0$90.0$8.00$4.75$4.74$0.01
2012Summary only. Only limited summary data is available for this year.$76.8$69.9$6.82$4.31$3.85$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.3$68.9$6.36$4.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.4$48.0$5.32$3.26
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2011 filings • 501(c)14 • $50M-$100M nonprofits