NonprofitsAssociated Healthcare Credit Union

Associated Healthcare Credit Union

WOODBURY, MN

Total revenue

$8.8M

Total expenses

$7.2M

Net assets

$20.2M

Grants received

EIN

410738787

Tax year

2024

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".

Programs

2 programs

The credit union provides a variety of lending services to our membership. We had 8,135 loans outstanding as of december 31, 2024 with balances of $125,233,577.

The credit union provides access to members to their accounts via electronic banking, atm network, shared branching, and in person.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$7.9M
Investment income$966K
Other revenue
Total revenue$8.8M

Expenses

Grants paid
Salaries & benefits$2.0M
Fundraising
Other expenses$3.2M
Total expenses$7.2M
Total assets$162.6M
Net assets$20.2M

People

11 listed

NameRoleCompensation

THERESA MALONE

CEO

Board

$270K

40 hrs/wk

PATTI ELLIOT-ALLEN

VICE CHAIR

Board

$600

1 hrs/wk

KATINA MCDUGLE

DIRECTOR

Board

$600

1 hrs/wk

CANDICE WASHINGTON

DIRECTOR

Board

$600

1 hrs/wk

JOE CLUBB

CHAIR

Board

$550

1 hrs/wk

CORRINE KROEHLER

DIRECTOR

Board

$550

1 hrs/wk

MICHAEL NASS

DIRECTOR

Board

$450

1 hrs/wk

LINDA ZDON

SECRETARY

Board

$350

1 hrs/wk

CHEE LEE

EXECUTIVE DIRECTOR OF FINANCE

Staff

$161K

40 hrs/wk

JULIE CASH

EXECUTIVE DIRECTOR OF BRANCH OPERATIONS

Staff

$145K

40 hrs/wk

MELISSA GARCIA

EXECUTIVE DIRECTOR OF BRANCH SERVICES

Staff

$101K

40 hrs/wk

Independent contractors

FISERV INC

CORE PROCESSOR

$550K

VELERA

CARD PROCESSOR

$515K

NUSOURCE FINANCIAL LLC

ATM PROVIDER

$507K

VISA USA INC

CARD PROCESSOR

$164K

CMS CONSTRUCTION

CONSTRUCTION MANAGEMENT

$143K

Details

EIN410738787
Subsection14
Ruling date1944-09
Formed1953
Employees31
Volunteers0
ASSOCIATED HEALTHCARE CREDIT UNION — Mission, Financials & Grants Received | Grantivo