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Credit Unions Chartered In The State Of Michigan

311 Alpena Alcona Area Credit Union

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$23.9M (2022)

Expenses
$17.3M (2022)

Total Assets
$575M (2022)

Total Liabilities
$508M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,924,797
Expenses
$17,253,819
Net Income
$6,670,978
Net Assets
$67,353,702
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,162,032
84.3%
Investment Income $3,608,275
15.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$52,998
Net Inventory Sales $0
Other Revenue $207,488
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $602,620
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,374,997
25.4%
Assets/Debt
Total Assets $575,272,399
Total Liabilities $507,918,697
Net Assets $67,353,702
Compensation
Key Employees and Officers Compensation Related Other
Donald J Mills (President/Ceo) $443,599 $0 $57,030
Annah Orban (Mortgage Originator) $226,492 $0 $35,394
Angela Szatkowski (Coo) $170,637 $0 $22,019
Sheila Ling (Mortgage Originator) $164,958 $0 $22,578
Jerome Schimdt (Commercial Loan Officer) $130,942 $0 $19,915
Jamie Quick (Accounting Supervisor) $89,248 $0 $12,743
Charlie Negro (Chairperson) $0 $0 $0
Sheila Panknin (Vice Chairperson) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Secretary) $0 $0 $0
Michelle Cornish (Director) $0 $0 $0
Ann Martin (Director) $0 $0 $0
James Mcneil (Director) $0 $0 $0
Mark Devers (Associate Board Member) $0 $0 $0
James Gorman (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,122,560
Expenses
$14,331,683
Net Income
$7,790,877
Net Assets
$60,682,524
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,857,957
85.2%
Investment Income $1,448,270
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,297
0.1%
Net Inventory Sales $0
Other Revenue $1,804,036
8.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $556,947
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,811,017
26.6%
Assets/Debt
Total Assets $535,801,476
Total Liabilities $475,118,952
Net Assets $60,682,524
Compensation
Key Employees and Officers Compensation Related Other
Donald J Mills (President/Ceo) $410,563 $0 $55,792
Annah Orban (Mortgage Originator) $254,315 $0 $38,559
Sheila Ling (Mortgage Originator) $210,409 $0 $27,227
Angela Szatkowski (Coo) $140,303 $0 $18,813
Jerome Schimdt (Commercial Loan Officer) $123,165 $0 $19,137
Jamie Quick (Accounting Supervisor) $78,821 $0 $11,771
Charlie Negro (Chairperson) $0 $0 $0
Sheila Panknin (Vice Chairperson) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Secretary) $0 $0 $0
Michelle Cornish (Director) $0 $0 $0
Mark Devers (Associate Board Member) $0 $0 $0
James Gorman (Associate Board Member) $0 $0 $0
Terry King (Associate Board Member) $0 $0 $0
James Mcneil (Director) $0 $0 $0
Ann Martin (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,735,767
Expenses
$14,342,033
Net Income
$7,393,734
Net Assets
$52,891,647
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,392,726
80.0%
Investment Income $2,115,367
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$11,578
Net Inventory Sales $0
Other Revenue $2,239,252
10.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $528,065
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,799,393
26.5%
Assets/Debt
Total Assets $451,024,745
Total Liabilities $398,133,098
Net Assets $52,891,647
Compensation
Key Employees and Officers Compensation Related Other
Donald J Mills (President/Ceo) $390,471 $0 $55,573
Annah Orban (Mortgage Originator) $203,702 $0 $33,407
Sheila Pahl (Mortgage Originator) $139,654 $0 $20,060
Angela Szatkowski (Coo) $131,971 $0 $17,686
Jerome Schimdt (Commercial Loan Officer) $119,483 $0 $22,019
Jamie Quick (Accounting Supervisor) $70,913 $0 $11,108
Charlie Negro (Chairperson) $0 $0 $0
Sheila Panknin (Vice Chairperson) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Secretary) $0 $0 $0
Michelle Cornish (Director) $0 $0 $0
Mark Devers (Associate Board Member) $0 $0 $0
James Gorman (Associate Board Member) $0 $0 $0
Terry King (Associate Board Member) $0 $0 $0
James Mcneil (Director) $0 $0 $0
Ann Martin (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,761,990
Expenses
$13,146,711
Net Income
$5,615,279
Net Assets
$45,497,913
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,284,988
81.5%
Investment Income $2,898,751
15.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$30,223
Net Inventory Sales $0
Other Revenue $608,474
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $496,606
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,556,127
27.0%
Assets/Debt
Total Assets $371,328,853
Total Liabilities $325,830,940
Net Assets $45,497,913
Compensation
Key Employees and Officers Compensation Related Other
Donald J Mills (President/Ceo) $306,982 $0 $54,577
Annah Orban (Mortgage Originator) $133,692 $0 $25,808
Jerome Schimdt (Commercial Loan Officer) $113,476 $0 $22,331
Angela Szatkowski (Coo) $113,110 $0 $15,741
Sheila Pahl (Mortgage Originator) $110,439 $0 $17,123
Helen Suszek (Director Of Accounting/Payroll) $58,225 $0 $11,556
Jamie Quick (Accounting Supervisor) $56,219 $0 $9,047
Charlie Negro (Chairperson) $0 $0 $0
Alan Shillair (Vice Chairperson) $0 $0 $0
Sheila Panknin (Secretary) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Director) $0 $0 $0
Michelle Woolman (Director) $0 $0 $0
Mark Devers (Associate Board Member) $0 $0 $0
James Gorman (Associate Board Member) $0 $0 $0
Terry King (Associate Board Member) $0 $0 $0
James Mcneil (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,306,949
Expenses
$11,920,626
Net Income
$4,386,323
Net Assets
$39,882,634
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,295,250
81.5%
Investment Income $2,349,831
14.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,000
0.1%
Net Inventory Sales $0
Other Revenue $651,868
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $507,752
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,987,221
25.1%
Assets/Debt
Total Assets $340,740,552
Total Liabilities $300,857,918
Net Assets $39,882,634
Compensation
Key Employees and Officers Compensation Related Other
Donald J Mills (President/Ceo) $354,336 $0 $50,477
Annah Orban (Mortgage Originator) $132,342 $0 $21,991
Helen Suszek (Director Of Accounting) $82,392 $0 $20,547
Charlie Negro (Chairperson) $0 $0 $0
Alan Shillair (Vice Chairperson) $0 $0 $0
Sheila Panknin (Secretary) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Board Member) $0 $0 $0
Ann Martin (Supervisory Comm. Member) $0 $0 $0
Byron Parr (Supervisory Comm. Member) $0 $0 $0
Michelle Cornish (Board Member) $0 $0 $0
Mark Devers (Associate Board Member) $0 $0 $0
Jim Mcneil (Board Member) $0 $0 $0
Alyse Humm (Supervisory Comm. Member) $0 $0 $0
James Gorman (Associate Board Member) $0 $0 $0
Terry King (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,214,468
Expenses
$10,229,381
Net Income
$3,985,087
Net Assets
$35,496,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,987,826
84.3%
Investment Income $1,805,247
12.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$13,479
Net Inventory Sales $0
Other Revenue $434,874
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $325,828
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,932,052
28.7%
Assets/Debt
Total Assets $331,997,647
Total Liabilities $296,501,336
Net Assets $35,496,311
Compensation
Key Employees and Officers Compensation Related Other
Donald J Mills (President/Ceo) $188,173 $0 $43,318
Annah Orban (Mortgage Originator) $119,949 $0 $18,833
Helen Suszek (Director Of Accounting) $75,039 $0 $19,298
Charlie Negro (Chairperson) $0 $0 $0
Alan Shillair (Vice Chairperson) $0 $0 $0
Sheila Panknin (Secretary) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Board Member) $0 $0 $0
Tom Lanway (Board Member (Jan Feb)) $0 $0 $0
Dave Mcneil (Board Member) $0 $0 $0
Michelle Cornish (Associate Board Member) $0 $0 $0
Mark Devers (Associate Board Member) $0 $0 $0
Jim Mcneil (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,862,124
Expenses
$9,351,180
Net Income
$3,510,944
Net Assets
$31,511,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,830,796
84.2%
Investment Income $1,521,292
11.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $400
0.0%
Net Inventory Sales $0
Other Revenue $509,636
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $435,599
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,636,298
28.2%
Assets/Debt
Total Assets $328,696,159
Total Liabilities $297,184,935
Net Assets $31,511,224
Compensation
Key Employees and Officers Compensation Related Other
Donald Mills (President/Ceo) $180,615 $0 $41,481
Annah Orban (Mortgage Originator) $108,376 $0 $17,890
Helen Suszek (Director Of Accounting) $69,006 $0 $18,231
Charlie Negro (Chairperson) $0 $0 $0
Alan Shillair (Vice Chairperson) $0 $0 $0
Tom Young (Secretary (Jan Sept)) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Board Member) $0 $0 $0
Tom Lanway (Board Member) $0 $0 $0
Sheila Panknin (Board Member) $0 $0 $0
Dave Mc Neil (Board Member) $0 $0 $0
Mary Reitler (Board Member (Jan Mar)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,027,322
Expenses
$8,830,640
Net Income
$2,196,682
Net Assets
$28,000,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,499,301
86.1%
Investment Income $1,207,072
10.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,388
0.1%
Net Inventory Sales $0
Other Revenue $310,561
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $298,075
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,481,169
28.1%
Assets/Debt
Total Assets $307,679,055
Total Liabilities $279,678,775
Net Assets $28,000,280
Compensation
Key Employees and Officers Compensation Related Other
Donald Mills (President/Ceo) $173,150 $0 $39,041
Helen Suszek (Director Of Accounting) $69,060 $0 $16,824
Charlie Negro (Chaiperson) $0 $0 $0
Alan Shillair (Vice Chairperson) $0 $0 $0
Tom Young (Secretary) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Brian Shumaker (Board Member) $0 $0 $0
Tom Lanway (Board Member) $0 $0 $0
Sheila Panknin (Board Member) $0 $0 $0
Dave Mc Neil (Board Member) $0 $0 $0
Mary Reitler (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,661,355
Expenses
$7,997,976
Net Income
$1,663,379
Net Assets
$25,803,598
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,697,024
90.0%
Investment Income $951,356
9.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,034
0.2%
Net Fundraising $0
Sales of Assets -$16,183
Net Inventory Sales $0
Other Revenue $11,124
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $290,655
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,403,497
30.1%
Assets/Debt
Total Assets $288,845,336
Total Liabilities $263,041,738
Net Assets $25,803,598
Compensation
Key Employees and Officers Compensation Related Other
Donald Mills (President/Ceo) $166,557 $0 $40,729
Helen Suszek (Director Of Accounting) $65,234 $0 $18,135
Dave Mc Neil (Chaiperson) $0 $0 $0
Alan Shillair (Board Member) $0 $0 $0
Tom Lanway (Board Member) $0 $0 $0
Sheila Panknin (Board Member) $0 $0 $0
Tom Young (Secretary) $0 $0 $0
Terry Nelkie (Treasurer) $0 $0 $0
Charlie Negro (Vice Chairperson) $0 $0 $0
Mary Reitler (Board Member) $0 $0 $0
Brian Shumaker (Board Member (May Dec)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,492,429
Expenses
$8,165,028
Net Income
$1,327,401
Net Assets
$24,140,219
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,344,810
87.9%
Investment Income $912,700
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $472
0.0%
Net Inventory Sales $0
Other Revenue $234,447
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $305,597
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,316,205
28.4%
Assets/Debt
Total Assets $278,553,195
Total Liabilities $254,412,976
Net Assets $24,140,219
Compensation
Key Employees and Officers Compensation Related Other
Donald Mills (President/Ceo) $184,996 $0 $39,622
Helen Suszek (Director Of Accounting) $62,868 $0 $18,111
Dave Mc Neil (Chaiperson) $0 $0 $0
Jeffrey Trelfa (Vice Chairperson (Jan Sept)) $0 $0 $0
Alan Shillair (Board Member) $0 $0 $0
Tom Lanway (Board Member) $0 $0 $0
Sheila Panknin (Board Member) $0 $0 $0
Tom Young (Secretary) $0 $0 $0
Terry Nelkie (Board Member) $0 $0 $0
Charlie Negro (Treasurer) $0 $0 $0
Mary Reitler (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,937,203
Expenses
$8,465,896
Net Income
$1,471,307
Net Assets
$22,812,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,584,243
86.4%
Investment Income $1,029,772
10.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,200
0.0%
Net Fundraising $0
Sales of Assets -$32,532
Net Inventory Sales $0
Other Revenue $354,520
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $225,377
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,230,732
26.3%
Assets/Debt
Total Assets $268,648,070
Total Liabilities $245,835,252
Net Assets $22,812,818

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,960,507
Expenses
$8,968,042
Net Income
$992,465
Net Assets
$21,343,009
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,585,155
86.2%
Investment Income $1,330,921
13.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,200
0.0%
Net Fundraising $0
Sales of Assets -$26,246
Net Inventory Sales $0
Other Revenue $69,477
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $226,056
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,140,408
23.9%
Assets/Debt
Total Assets $251,184,785
Total Liabilities $229,841,776
Net Assets $21,343,009

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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