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Ace Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

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

Summary charts: organization finances over time

Revenue
$315k (2024)

Expenses
$223k (2024)

Total Assets
$7.37M (2024)

Total Liabilities
$5.92M (2024)

Source: Form 990 tax filings from 2013 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$315,386
Expenses
$222,670
Net Income
$92,716
Net Assets
$1,455,666
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $118,327
37.5%
Investment Income $141,562
44.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $55,497
17.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $64,267
28.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,374,362
Total Liabilities $5,918,696
Net Assets $1,455,666
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $51,530 $0 $11,617
Leslie M Behm (Assistant Treasurer) $1,120 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Kevin Muhlenbruch (Credit Committee) $0 $0 $0
Julie Fox (Credit Chair) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Dan Ramaeker (Audit Chair) $0 $0 $0
Victor Bezdicek (Credit Committee) $0 $0 $0
Rich Patras (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$280,768
Expenses
$184,825
Net Income
$95,943
Net Assets
$1,362,949
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $94,466
33.6%
Investment Income $134,949
48.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $51,353
18.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $63,686
34.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,100,774
Total Liabilities $5,737,825
Net Assets $1,362,949
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $51,530 $0 $11,036
Leslie M Behm (Assistant Treasurer) $1,120 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Kevin Muhlenbruch (Credit Committee) $0 $0 $0
Julie Fox (Credit Chair) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Dan Ramaeker (Audit Chair) $0 $0 $0
Victor Bezdicek (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,555
Expenses
$131,233
Net Income
$27,322
Net Assets
$1,267,007
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,155
41.7%
Investment Income $45,495
28.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $46,905
29.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $50,181
38.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,012,611
Total Liabilities $6,745,604
Net Assets $1,267,007
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $49,311 $0 $10,276
Leslie M Behm (Assistant Treasurer) $870 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Dan Ramaeker (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Kevin Muhlenbruch (Credit Committee) $0 $0 $0
Julie Fox (Credit Chair) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0
Victor Bezdicek (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$137,029
Expenses
$131,628
Net Income
$5,401
Net Assets
$1,239,685
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $67,312
49.1%
Investment Income $3,961
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $65,756
48.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $59,063
44.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,052,372
Total Liabilities $7,812,687
Net Assets $1,239,685
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $49,311 $0 $9,222
Leslie M Behm (Assistant Treasurer) $530 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Dan Ramaeker (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Kevin Muhlenbruch (Credit Committee) $0 $0 $0
Tony Pappas (Credit Chair) $0 $0 $0
Julie Fox (Credit Committee) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$149,966
Expenses
$142,721
Net Income
$7,245
Net Assets
$1,234,284
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $74,608
49.7%
Investment Income $13,170
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $62,188
41.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $59,239
41.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,063,469
Total Liabilities $6,829,185
Net Assets $1,234,284
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $49,311 $0 $9,140
Leslie M Behm (Assistant Treasurer) $788 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Dan Ramaeker (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Kevin Muhlenbruch (Credit Committee) $0 $0 $0
Tony Pappas (Credit Chair) $0 $0 $0
Julie Fox (Credit Committee) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$187,465
Expenses
$152,599
Net Income
$34,866
Net Assets
$1,227,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $77,769
41.5%
Investment Income $38,538
20.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $71,158
38.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $59,172
38.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,404,517
Total Liabilities $6,177,478
Net Assets $1,227,039
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $49,311 $0 $9,108
Leslie M Behm (Assistant Treasurer) $753 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Dan Ramaeker (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Kevin Muhlenruch (Credit Committee) $0 $0 $0
Tony Pappas (Credit Chair) $0 $0 $0
Julie Fox (Credit Committee) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$192,951
Expenses
$142,784
Net Income
$50,167
Net Assets
$1,192,173
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $74,043
38.4%
Investment Income $43,402
22.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $75,506
39.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $58,916
41.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,775,288
Total Liabilities $6,583,115
Net Assets $1,192,173
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $49,311 $0 $9,054
Leslie M Behm (Assistant Treasurer) $551 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Dan Ramaeker (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Kevin Muhlenruch (Credit Committee) $0 $0 $0
Tony Pappas (Credit Chair) $0 $0 $0
Julie Fox (Credit Committee) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$166,415
Expenses
$136,057
Net Income
$30,358
Net Assets
$1,142,004
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $70,626
42.4%
Investment Income $32,051
19.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $63,738
38.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $54,662
40.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,194,705
Total Liabilities $8,052,701
Net Assets $1,142,004
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $49,311 $0 $4,642
Leslie M Behm (Assistant Treasurer) $709 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Jay Friday (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
Dan Ramaeker (Credit Committee) $0 $0 $0
Tony Pappas (Credit Chair) $0 $0 $0
Julie Fox (Credit Committee) $0 $0 $0
Melissa Swyter (Audit Committee) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$143,094
Expenses
$127,546
Net Income
$15,548
Net Assets
$1,111,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $129,013
90.2%
Investment Income $12,651
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,430
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $54,178
42.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,714,770
Total Liabilities $8,603,124
Net Assets $1,111,646
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $49,311 $0 $4,272
Leslie M Behm (Assistant Treasurer) $595 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Jay Friday (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
J Scott Warren (Audit Committee) $0 $0 $0
Tony Pappas (Credit Chair) $0 $0 $0
Julie Fox (Credit Committee) $0 $0 $0
Melissa Swyter (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$149,064
Expenses
$128,240
Net Income
$20,824
Net Assets
$1,093,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $141,154
94.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,910
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $53,424
41.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,779,632
Total Liabilities $8,686,008
Net Assets $1,093,624
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $48,411 $0 $3,600
Leslie M Behm (Assistant Treasurer) $700 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Brent Hamilton (Vice Chairperson) $0 $0 $0
Jay Friday (Audit Chair) $0 $0 $0
Cheryl Burt (Audit Committee) $0 $0 $0
Marjorie Steinberg (Audit Committee) $0 $0 $0
J Scott Warren (Audit Committee) $0 $0 $0
Tony Pappas (Credit Chair) $0 $0 $0
Julie Fox (Credit Committee) $0 $0 $0
Melissa Swyter (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,935
Expenses
$134,285
Net Income
$24,650
Net Assets
$1,072,800
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $149,508
94.1%
Investment Income $8,527
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $900
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $48,957
36.5%
Professional Fundraising Fees $0
Other Salaries and Wages $893
0.7%
Assets/Debt
Total Assets $9,807,319
Total Liabilities $8,734,519
Net Assets $1,072,800
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $44,685 $0 $4,272
Leslie M Behm (Assistant Treasurer) $893 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Nellie Mastin (Vice Chairperson) $0 $0 $0
Marjorie Steinberg (Director) $0 $0 $0
Tony Pappas (Director) $0 $0 $0
Jason Friday (Director) $0 $0 $0
Brent Hamilton (Director) $0 $0 $0
Julie Fox (Director) $0 $0 $0
J Scott Warren (Director) $0 $0 $0
Cheryl Burt (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$189,552
Expenses
$169,368
Net Income
$20,184
Net Assets
$1,048,150
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $91,656
48.4%
Investment Income $8,356
4.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $89,540
47.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $43,953
26.0%
Professional Fundraising Fees $0
Other Salaries and Wages $969
0.6%
Assets/Debt
Total Assets $9,935,937
Total Liabilities $8,887,787
Net Assets $1,048,150
Compensation
Key Employees and Officers Compensation Related Other
Ellen M Kay (Cfo) $43,953 $0 $4,323
Nellie Mastin (Vice Chairperson) $969 $0 $0
Kathy Grove (Chairperson) $0 $0 $0
Leslie M Behm (Assistant Treasurer) $0 $0 $0
Marjorie Steinberg (Director) $0 $0 $0
Tony Pappas (Director) $0 $0 $0
Jason Friday (Director) $0 $0 $0
Brent Hamilton (Director) $0 $0 $0
Julie Fox (Director) $0 $0 $0
J Scott Warren (Director) $0 $0 $0
Cheryl Burt (Director) $0 $0 $0
Karen Johnson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

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.
2011

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.
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

About This Data

What Is 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.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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