Nonprofit · EIN 47-2559616
AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED
Also known as AMERICAN EAGLE FCU
Tax-exempt · EAST HARTFORD, CT 06108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $127,109,502 | $116,502,228 | $10,607,274 | $2,553,224,116 | $2,302,542,324 | $250,681,792 |
| December 31, 2023 | 990 | $111,975,380 | $98,956,335 | $13,019,045 | $2,699,085,948 | $2,461,485,633 | $237,600,315 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $88,355,137
- Investment income
- $39,056,422
- Net rental income
- -$302,057
- Other revenue
- -$302,057
Expenses
- Grants and similar amounts paid
- $186,552
- Compensation of officers, directors and key employees
- $3,492,246
- Other salaries and wages
- $26,145,284
- Salaries, compensation and benefits (total)
- $38,083,802
- Professional fundraising fees
- $0
- Legal fees
- $297,017
- Accounting fees
- $224,246
- Occupancy
- $2,691,692
- Travel
- $515,518
- Depreciation
- $2,597,575
Balance sheet and other
- Total assets, start of year
- $2,699,085,948
- Total assets, end of year
- $2,553,224,116
- Total liabilities, end of year
- $2,302,542,324
- Net assets, end of year
- $250,681,792
- Land, buildings and equipment
- $23,369,633
- Publicly traded securities
- $447,871,985
- Gross unrelated business income
- $65,700
- Gross receipts
- $127,925,933
- Employees
- 362
- Volunteers
- 13
- Year formed
- 1935
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HOWARD BRADY | PRESIDENT/CEO Officer | 40 | $822,937 | $31,749 |
| BRIAN KENNEDY | EVP/CS&RO Key employee | 40 | $510,023 | $45,765 |
| DIANNA WILSON | SVP/CX&LO Key employee | 40 | $366,012 | $62,169 |
| LARRY MICHAUD | SVP/CFO Officer | 40 | $364,119 | $42,339 |
| JAMES EVANS | SVP/CIO Key employee | 40 | $342,977 | $62,754 |
| TERESA KNOX | EVP/COO Key employee | 40 | $354,946 | $19,267 |
| RYAN MCELENEY | SVP/CP&CO Key employee | 40 | $316,531 | $56,417 |
| PAMELA VILLANOVA | SVP DIGITAL SOLUTIONS Highest-paid employee | 40 | $243,354 | $52,265 |
| ANN-MARIE KATZER | SVP RETAIL DELIVERY Highest-paid employee | 40 | $241,067 | $44,259 |
| ANN RILEY | VICE PRESIDENT PROCESS EXCELLENCE Highest-paid employee | 40 | $218,535 | $50,583 |
| KHALED AHMED | VP INFORMATION TECHNOLOGY Highest-paid employee | 40 | $209,071 | $58,465 |
| CHRISTINE WILLEY | VP ENTERPRISE RISK & SECURITY OFFICER Highest-paid employee | 40 | $203,520 | $37,944 |
| MICHAEL W HAWMAN | 1ST VICE CHAIRPERSON Trustee or director | 2 | $21,010 | $0 |
| MARK P ALLEN | DIRECTOR Trustee or director | 2 | $16,322 | $0 |
| MICHAEL P DEPASQUALE | DIRECTOR Trustee or director | 2 | $15,318 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN LISA BURGARELLA | DIRECTOR Trustee or director | 2 | $9,636 |
| RAYMOND C GANDY | CHAIRPERSON Trustee or director | 2 | $8,485 |
| KENNETH D STEVENSON | DIRECTOR Trustee or director | 2 | $7,291 |
| ANGELA BULL | DIRECTOR Trustee or director | 2 | $4,798 |
| MICHAEL ROGERS | DIRECTOR Trustee or director | 2 | $4,725 |
| JOSEPH R CAMPOSEO | DIRECTOR Trustee or director | 2 | $3,324 |
| ALLISON W BURCH | 2ND VICE CHAIRPERSON Trustee or director | 2 | $2,094 |
| JOSEPH PLOSZAY | SECRETARY Trustee or director | 2 | $1,238 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HOWARD BRADY | PRESIDENT/CEO Officer | 40 | $817,021 | $63,362 |
| TERESA KNOX | EVP/COO Highest-paid employee | 40 | $528,552 | $50,051 |
| BRIAN KENNEDY | EVP/CS&RO Highest-paid employee | 40 | $392,341 | $70,563 |
| DIANNA WILSON | SVP/CX&LO Highest-paid employee | 40 | $338,358 | $56,823 |
| JAMES EVANS | SVP/CIO Highest-paid employee | 40 | $336,598 | $56,912 |
| RYAN MCELENEY | SVP/CP&CO Highest-paid employee | 40 | $295,015 | $51,592 |
| LARRY MICHAUD | SVP/CFO Officer | 40 | $278,650 | $63,432 |
| MICHAEL P DEPASQUALE | DIRECTOR Trustee or director | 2 | $17,199 | $0 |
| MICHAEL W HAWMAN | 1ST VICE CHAIRPERSON Trustee or director | 2 | $16,973 | $0 |
| MARK P ALLEN | DIRECTOR Trustee or director | 2 | $15,813 | $0 |
| RAYMOND C GANDY | CHAIRPERSON Trustee or director | 2 | $9,390 | $0 |
| A LISA BURGARELLA | DIRECTOR Trustee or director | 2 | $9,300 | $0 |
| KENNETH D STEVENSON | DIRECTOR Trustee or director | 2 | $7,448 | $0 |
| JOSEPH R CAMPOSEO | DIRECTOR Trustee or director | 2 | $7,434 | $0 |
| MICHAEL ROGERS | DIRECTOR Trustee or director | 2 | $4,455 | $0 |
| ANGELA BULL | DIRECTOR Trustee or director | 2 | $4,267 | $0 |
| ALLISON W BURCH | 2ND VICE CHAIRPERSON Trustee or director | 2 | $2,612 | $0 |
| JOSEPH PLOSZAY | SECRETARY Trustee or director | 2 | $1,026 | $0 |
Address and contacts
- Address (IRS master file)
- 333 EAST RIVER DRIVE, EAST HARTFORD, CT 06108-4200
- Principal officer (990 for 2024)
- HOWARD BRADY, 333 EAST RIVER DRIVE, EAST HARTFORD, CT 06128
- Signed the 990
- HOWARD BRADY, PRESIDENT/CEO
- Phone
- (800) 842-0145
- Website
- WWW.AMERICANEAGLE.ORG
- Return prepared by
- DOEREN MAYHEW
Mission
OUR MISSION IS TO ENRICH THE LIVES OF OUR MEMBERS AND COMMUNITIES TO CREATE A WORLD WHERE FINANCIAL FREEDOM IS A REALITY. OUR VALUES ARE CARING, TRUST AND DEPENDABILITY.
Program accomplishments
- DURING 2024, AMERICAN EAGLE FINANCIAL CREDIT UNION (AEFCU), A STATE-CHARTERED CREDIT UNION LOCATED IN THE STATE OF CONNECTICUT, PROVIDED FINANCIAL SERVICES TO MEMBERS WHO LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN THE HARTFORD, TOLLAND, NEW HAVEN, AND MIDDLESEX COUNTIES IN CONNECTICUT. AEFCU CONTINUED TO FULFILL ITS EXEMPT STATUS BY PROVIDING CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, OFFERING COMPETITIVE SHARE DEPOSIT PRODUCTS, AND PROVIDING MEMBERS WITH THE OPPORTUNITY TO IMPROVE THEIR ECONOMIC CONDITION. IN 2024, MEMBERSHIP GREW FROM 183,386 TO 187,792 MEMBERS. THERE WERE 7,757 LOANS GRANTED DURING THE YEAR TOTALING APPROXIMATELY $245,033,000. DEPOSITS GREW FROM 367,429 ACCOUNTS TO 375,355 ACCOUNTS. TOTAL DEPOSITS AS OF DECEMBER 31, 2024 APPROXIMATED $2,255,432,000. AEFCU ALSO CONDUCTED SEMINARS FOR ITS MEMBERSHIP THAT RANGED FROM FINANCIAL LITERACY TO FIRST TIME HOME BUYING.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2559616
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W61)
- Assets (IRS master file)
- $2,553,224,116
- Income (IRS master file)
- $127,925,933
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $127,109,502 | $116,502,228 | $2,553,224,116 | XML |
| 990 | December 2023 | $111,975,380 | $98,956,335 | $2,699,085,948 | XML |
| 990 | December 2022 | $96,740,977 | $70,211,485 | $2,508,286,522 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2559616).
Questions about AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED
- What is the EIN of AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED?
- The employer identification number (EIN) of AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED is 47-2559616.
- Is AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2015.
- Are donations to AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED?
- The 990 for the year ended December 31, 2024 names HOWARD BRADY.
- Who are the officers and directors of AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 23 people; 23 received compensation from the organization, the highest $822,937 (HOWARD BRADY, PRESIDENT/CEO).
- How much revenue does AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $127,109,502, expenses of $116,502,228 and total assets of $2,553,224,116 at year end.
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