Civic Intelligence

Austin City Employees Credit Union

EIN 41-0804553 • 501(c)14 • Austin, MN

View Organization Page

Profile

Acecu provides financial services to our members through savings products, by providing loans, and with other financial services.

711 4th Ave NEAustin, MN 55912

www.austincityecu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.82x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

43rd percentile

14.41x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2025

Net Margin

94th percentile

32%

Higher net margin than 94% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

42nd percentile

$74,457

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

501(c)14 • $10M-$25M nonprofits • Source year 2025

Asset Growth

48th percentile

-0.1%

Faster asset growth than 48% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

2.5%

Faster revenue growth than 36% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets30th percentile

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$11,081,724

Down $341,393 (-3.0%) from 2022

Liabilities

Down

$9,370,118

Down $494,033 (-5.0%) from 2022

Net Assets

Up

$1,711,606

Up $152,640 (+9.8%) from 2022

Operations
Liabilities / Revenue43rd percentileNet Margin94th percentile

Revenue

Up

$538,697

Up $145,125 (+37%) from 2022

Expenses

Up

$380,209

Up $40,860 (+12%) from 2022

Net Income

Up

$158,488

Up $104,265 (+192%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $8,363,713Liabilities 2011: $7,290,247Net Assets 2011: $1,073,4662011Assets 2012: $7,749,842Liabilities 2012: $6,669,617Net Assets 2012: $1,080,2252012Assets 2013: $8,386,872Liabilities 2013: $7,290,204Net Assets 2013: $1,096,6682013Assets 2014: $8,979,930Liabilities 2014: $7,873,020Net Assets 2014: $1,106,9102014Assets 2015: $10,256,037Liabilities 2015: $9,130,490Net Assets 2015: $1,125,5472015Assets 2016: $9,463,330Liabilities 2016: $8,284,514Net Assets 2016: $1,178,8162016Assets 2017: $9,728,941Liabilities 2017: $8,483,507Net Assets 2017: $1,245,4342017Assets 2018: $9,745,907Liabilities 2018: $8,407,734Net Assets 2018: $1,338,1732018Assets 2019: $9,148,106Liabilities 2019: $7,746,594Net Assets 2019: $1,401,5122019Assets 2020: $10,725,805Liabilities 2020: $9,283,299Net Assets 2020: $1,442,5062020Assets 2021: $11,500,873Liabilities 2021: $9,996,130Net Assets 2021: $1,504,7432021Assets 2022: $11,423,117Liabilities 2022: $9,864,151Net Assets 2022: $1,558,9662022Assets 2023: $11,081,724Liabilities 2023: $9,370,118Net Assets 2023: $1,711,6062023

Latest loaded filing

2023

Assets$11,081,724
Liabilities$9,370,118
Net Assets$1,711,606
Open 2023 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $293,431Expenses 2011: $316,847Net Income 2011: -$23,4162011Revenue 2012: $298,427Expenses 2012: $291,668Net Income 2012: $6,7592012Revenue 2013: $311,879Expenses 2013: $295,436Net Income 2013: $16,4432013Revenue 2014: $327,744Expenses 2014: $317,502Net Income 2014: $10,2422014Revenue 2015: $339,039Expenses 2015: $320,402Net Income 2015: $18,6372015Revenue 2016: $343,534Expenses 2016: $290,265Net Income 2016: $53,2692016Revenue 2017: $363,553Expenses 2017: $296,935Net Income 2017: $66,6182017Revenue 2018: $398,050Expenses 2018: $305,311Net Income 2018: $92,7392018Revenue 2019: $414,657Expenses 2019: $351,319Net Income 2019: $63,3382019Revenue 2020: $387,883Expenses 2020: $346,889Net Income 2020: $40,9942020Revenue 2021: $435,164Expenses 2021: $372,927Net Income 2021: $62,2372021Revenue 2022: $393,572Expenses 2022: $339,349Net Income 2022: $54,2232022Revenue 2023: $538,697Expenses 2023: $380,209Net Income 2023: $158,4882023

Latest loaded filing

2023

Revenue$538,697
Expenses$380,209
Net Income$158,488
Open 2023 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$9.37$1.71$0.54$0.38$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$9.86$1.56$0.39$0.34$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$10.00$1.50$0.44$0.37$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$9.28$1.44$0.39$0.35$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.15$7.75$1.40$0.41$0.35$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.75$8.41$1.34$0.40$0.31$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.73$8.48$1.25$0.36$0.30$0.07
2016Summary only. Only limited summary data is available for this year.$9.46$8.28$1.18$0.34$0.29$0.05
2015Summary only. Only limited summary data is available for this year.$10.3$9.13$1.13$0.34$0.32$0.02
2014Summary only. Only limited summary data is available for this year.$8.98$7.87$1.11$0.33$0.32$0.01
2013Summary only. Only limited summary data is available for this year.$8.39$7.29$1.10$0.31$0.30$0.02
2012Summary only. Only limited summary data is available for this year.$7.75$6.67$1.08$0.30$0.29$0.01
2011Summary only. Only limited summary data is available for this year.$8.36$7.29$1.07$0.29$0.32$0.02
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 23, 2021
Return Version
2020v4.0
Gross Receipts
$387,883
Mission and Program Overview

Mission

Acecu provides financial services to our members through savings products, by providing loans, and with other financial services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,899,485$5,111,644▲ $212,159
Savings and Temporary Cash Investments$2,572,255$4,749,057▲ $2,176,802
Rtn Earn Endowment Incm Other Fnds$1,401,512$1,442,506▲ $40,994
Investments Program Related$1,305,000$505,000▼ $800,000
Land, Buildings, and Equipment, Net$230,364$228,558▼ $1,806
Cash and Non-Interest-Bearing Accounts$20,000$20,000→ $0
Prepaid Expenses and Deferred Charges$1,882$4,241▲ $2,359
Total Assets$9,148,106$10,725,805▲ $1,577,699
Other Assets Total$119,120$107,305▼ $11,815
Liabilities
Other Liabilities$7,721,000$9,255,350▲ $1,534,350
Accounts Payable and Accrued Expenses$25,594$27,949▲ $2,355
Total Liabilities$7,746,594$9,283,299▲ $1,536,705
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,401,512$1,442,506▲ $40,994
Total Liabilities and Net Assets / Fund Balance$9,148,106$10,725,805▲ $1,577,699

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$159,881$75,615$235,496
Equipment$22,783$94,837$117,620
Land$36,000-$36,000
Other Land Buildings$9,894$13,234$23,128
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marilyn HansenPresidentFT$55,508$5,722$61,230
Ann ChristiansonTreasurerPT$12,951-$12,951
Melissa SwensonChair-$240-$240
Jim MatticeVice Chair-$220-$220
Kelly LadySecretary-$200-$200
Tricia WeichmanDirector-$200-$200
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$321,127
Investment Income
$65,544
Other Revenue
$1,212
Change in Net Assets
$40,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,308
Salaries, Compensation, and Employee Benefits$166,581
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$90,642
Other Salaries and Wages---$73,382
Current Officers, Directors, Trustees, and Key Employees---$69,319
Information Technology---$23,156
Depreciation Depletion---$15,627
Pension Plan Contributions---$12,761
Payroll Taxes---$11,119
Other Expenses---$10,737
Occupancy---$9,854
Insurance---$9,519
Fees for Services Accounting---$3,995
Advertising---$226
Total Functional Expenses$0$0$0$346,889
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares & Deposits$9,255,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization has members. To be a member one must have a share (savings) account at the credit union.”

Form 990, Page 6, Part VI, Line 7A

“The board of directors is elected by the credit union members. Each member has one vote.”

Form 990, Page 6, Part VI, Line 7B

“A member vote is required for decisions which are beyond the authority of the board of directors. Items which require a membership vote are outlined and specified in our bylaws. Each member has one vote.”

Form 990, Page 6, Part VI, Line 11B

“Manager and treasurer provide data to independent cpa who prepares the 990. Manager and treasurer review the retrun for accuracy, and then authorize cpa to e-file the approved return. Manager reviews the return with the board of directors at the next board meeting.”

Form 990, Page 6, Part VI, Line 15A

“The compensation committee determines the salary for the president. The board of directors approves the compensation and this is recorded in the board minutes.”

Form 990, Page 6, Part VI, Line 19

“The by-laws and conflict of interest policy are available upon request. The financial statements are posted in the credit union lobby, and a copy is provided upon requested.”

Filing and Contact Details

Filer

Filer Name
Austin City Employees Credit Union
EIN
41-0804553
Phone
5074336580
Address
711 4TH AVE NE, AUSTIN, MN 55912

Signing Officer

Name
Ann Christianson
Title
Treasurer
Phone
5074336580
Signed
2021-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Hansen
Formed
1953
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
4

Preparer

Firm
Brent Wookey CPA
Address
PO BOX 1512, LA CROSSE, WI 54602-1512
Preparer
Brent Wookey CPA
Phone
6087920843
Raw XML Appendix320 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt025594
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027949
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ACECU PROVIDES FINANCIAL SERVICES TO OUR MEMBERS THROUGH SAVINGS PRODUCTS, BY PROVIDING LOANS, AND WITH OTHER FINANCIAL SERVICES.
IRS990/AdvertisingGrp/TotalAmt0226
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARILYN HANSEN
IRS990/BooksInCareOfDetail/PhoneNum05074336580
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0711 4TH AVE NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055912
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt020000
IRS990/CashNonInterestBearingGrp/EOYAmt020000
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt069319
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt065544
IRS990/CYOtherExpensesAmt0180308
IRS990/CYOtherRevenueAmt01212
IRS990/CYProgramServiceRevenueAmt0321127
IRS990/CYRevenuesLessExpensesAmt040994
IRS990/CYSalariesCompEmpBnftPaidAmt0166581
IRS990/CYTotalExpensesAmt0346889
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0387883
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt015627
IRS990/Desc0THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 80 NEW DEPOSIT ACCOUNTS IN 2020. AS OF 12/31/20 WE HAD 831 MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt03995
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt05722
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MARILYN HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm1ANN CHRISTIANSON
IRS990/Form990PartVIISectionAGrp/PersonNm2MELISSA SWENSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JIM MATTICE
IRS990/Form990PartVIISectionAGrp/PersonNm4KELLY LADY
IRS990/Form990PartVIISectionAGrp/PersonNm5TRICIA WEICHMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt055508
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt112951
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0387883
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt023156
IRS990/InsuranceGrp/TotalAmt09519
IRS990/InvestmentIncomeGrp/ExclusionAmt065544
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt065544
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01305000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0505000
IRS990/IRPDocumentCnt0222
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0183686
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0230364
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0228558
IRS990/LandBldgEquipCostOrOtherBssAmt0412244
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ACECU PROVIDES FINANCIAL SERVICES TO OUR MEMBERS THROUGH SAVINGS PRODUCTS, BY PROVIDING LOANS, AND WITH OTHER FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01401512
IRS990/NetAssetsOrFundBalancesEOYAmt01442506
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt09854
IRS990/OfficeExpensesGrp/TotalAmt090642
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0119120
IRS990/OtherAssetsTotalGrp/EOYAmt0107305
IRS990/OtherExpensesGrp/Desc0DIVIDENDS EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/TotalAmt016552
IRS990/OtherExpensesGrp/TotalAmt110737
IRS990/OtherLiabilitiesGrp/BOYAmt07721000
IRS990/OtherLiabilitiesGrp/EOYAmt09255350
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt073382
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04899485
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05111644
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt011119
IRS990/PensionPlanContributionsGrp/TotalAmt012761
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01882
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04241
IRS990/PrincipalOfficerNm0MARILYN HANSEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER MEMBER RELATED REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2MEMBER FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0275287
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132488
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213352
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0275287
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213352
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 127 NEW LOANS TO OUR MEMBERS DURING 2020. AS OF 12/31/2020 WE HAD 552 LOANS TO OUR MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0105206
IRS990/PYOtherExpensesAmt0198578
IRS990/PYOtherRevenueAmt0903
IRS990/PYProgramServiceRevenueAmt0308548
IRS990/PYRevenuesLessExpensesAmt063338
IRS990/PYSalariesCompEmpBnftPaidAmt0152741
IRS990/PYTotalExpensesAmt0351319
IRS990/PYTotalRevenueAmt0414657
IRS990/ReconcilationRevenueExpnssAmt040994
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01212
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01212
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01401512
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01442506
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02572255
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04749057
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0159881
IRS990ScheduleD/BuildingsGrp/DepreciationAmt075615
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0235496
IRS990ScheduleD/EquipmentGrp/BookValueAmt022783
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094837
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0117620
IRS990ScheduleD/LandGrp/BookValueAmt036000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt036000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09894
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013234
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023128
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09255350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0228558
IRS990ScheduleD/TotalLiabilityAmt09255350
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGER AND TREASURER PROVIDE DATA TO INDEPENDENT CPA WHO PREPARES THE 990. MANAGER AND TREASURER REVIEW THE RETRUN FOR ACCURACY, AND THEN AUTHORIZE CPA TO E-FILE THE APPROVED RETURN. MANAGER REVIEWS THE RETURN WITH THE BOARD OF DIRECTORS AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION COMMITTEE DETERMINES THE SALARY FOR THE PRESIDENT. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION AND THIS IS RECORDED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BY-LAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY, AND A COPY IS PROVIDED UPON REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09148106
IRS990/TotalAssetsEOYAmt010725805
IRS990/TotalAssetsGrp/BOYAmt09148106
IRS990/TotalAssetsGrp/EOYAmt010725805
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0346889
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07746594
IRS990/TotalLiabilitiesEOYAmt09283299
IRS990/TotalLiabilitiesGrp/BOYAmt07746594
IRS990/TotalLiabilitiesGrp/EOYAmt09283299
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01401512
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01442506
IRS990/TotalOtherCompensationAmt05722
IRS990/TotalProgramServiceRevenueAmt0321127
IRS990/TotalReportableCompFromOrgAmt069319
IRS990/TotalRevenueGrp/ExclusionAmt066756
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0321127
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0387883
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09148106
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010725805
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0711 4TH AVE NE
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055912
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.AUSTINCITYECU.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANN CHRISTIANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05074336580
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AUSTIN CITY EMPLOYEES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0AUST
ReturnHeader/Filer/EIN0410804553
ReturnHeader/Filer/PhoneNum05074336580
ReturnHeader/Filer/USAddress/AddressLine1Txt0711 4TH AVE NE
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055912
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461605712
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRENT WOOKEY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1512
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA CROSSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546021512
ReturnHeader/PreparerPersonGrp/PhoneNum06087920843
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENT WOOKEY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-03-23T12:11:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHRISTIANSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)14 • $10M-$25M nonprofits