Nonprofit · EIN 63-0422553
AUBURN UNIVERSITY CREDIT UNION
Tax-exempt · AUBURN, AL 36831
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,945,981 | $11,066,963 | $879,018 | $242,567,364 | $224,794,410 | $17,772,954 |
| December 31, 2023 | 990 | $10,351,017 | $9,657,652 | $693,365 | $243,193,563 | $227,930,779 | $15,262,784 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,320,212
- Investment income
- $2,992,951
- Other revenue
- $1,632,818
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $901,492
- Other salaries and wages
- $1,650,455
- Salaries, compensation and benefits (total)
- $3,124,623
- Professional fundraising fees
- $0
- Legal fees
- $22,838
- Occupancy
- $92,773
- Travel
- $34,551
- Depreciation
- $437,760
Balance sheet and other
- Total assets, start of year
- $243,193,563
- Total assets, end of year
- $242,567,364
- Total liabilities, end of year
- $224,794,410
- Net assets, end of year
- $17,772,954
- Land, buildings and equipment
- $9,081,003
- Publicly traded securities
- $63,778,795
- Gross unrelated business income
- $9,500
- Gross receipts
- $11,945,981
- Employees
- 59
- Volunteers
- 14
- Year formed
- 1960
- State of legal domicile
- AL
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 |
|---|---|---|---|---|
| HENRY H ARMSTRONG | PRESIDENT AND CEO/TREAS. Trustee or director, Officer | 40 | $521,775 | $114,250 |
| CANDACE B GARNER | CFO Officer | 40 | $133,924 | $11,515 |
| RUSTRYN ROPER | CLO Officer | 40 | $100,596 | $19,431 |
| DUANE BRANDON | ASST. SECRETARY Trustee or director | 2 | $0 | $0 |
| DENNIS VERONESE | CHAIRMAN Trustee or director | 2 | $0 | $0 |
| MARYANNE DOUGLASS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEBORAH HEIDEPRIEM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TERESA LOGIOTATOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| FLOYD M WOODS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALBERT HENRY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BLAKE RICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CURTIS JOLLY | SECRETARY Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HENRY H ARMSTRONG | PRESIDENT AND CEO/TREAS. Trustee or director, Officer | 40 | $495,033 | $103,601 |
| CANDACE B GARNER | CFO Officer | 40 | $122,223 | $8,936 |
| MARYANNE DOUGLASS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DUANE BRANDON | ASST. SECRETARY Trustee or director | 2 | $0 | $0 |
| DEBORAH HEIDEPRIEM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TERESA LOGIOTATOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DENNIS VERONESE | CHAIRMAN Trustee or director | 2 | $0 | $0 |
| FLOYD M WOODS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CURTIS JOLLY | SECRETARY Trustee or director | 2 | $0 | $0 |
| ALBERT HENRY | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1610, AUBURN, AL 36831-1610
- In care of
- % HENRY ARMSTRONG
- Principal officer (990 for 2024)
- HENRY H ARMSTRONG, 1290 S DONAHUE DR, AUBURN, AL 36832
- Signed the 990
- CANDACE GARNER, CFO
- Phone
- (334) 844-4120
- Website
- HTTPS://MYAUCU.ORG/
- Return prepared by
- WARREN AVERETT LLC
Mission
THE MISSION OF AUBURN UNIVERSITY CREDIT UNION IS THREE-FOLD: TO PROVIDE ITS MEMBERS FINANCIAL SERVICES, PRIMARILY SAVINGS AND LOAN OPPORTUNITIES, TO INVEST MEMBER SAVINGS, AND TO PROMOTE SOUND MONEY MANAGEMENT AMONG ITS MEMBERS.
Program accomplishments
- IN AN EFFORT TO PROVIDE OUR MEMBERS FINANCIAL SERVICES, THE CREDIT UNION PROVIDES COMPETITIVE SAVINGS PRODUCTS WHICH INCLUDE SAVINGS, CHECKING, CERTIFICATE OF DEPOSIT ACCOUNTS, IRA SAVINGS AND CERTIFICATE OF DEPOSIT ACCOUNTS.
- TO MEET THE LENDING NEEDS OF ITS MEMBERS, THE CREDIT UNION OFFERS A VARIETY OF CONSUMER AND MORTGAGE LOAN PRODUCTS AT COMPETITIVE RATES OF INTEREST.
- THE CREDIT UNION OFFERS FINANCIAL SERVICES TO THE BENEFIT OF ITS MEMBERS WHICH INCLUDE INTERNET BANKING, ONLINE BILL PAY, REMOTE DEPOSIT CAPTURE AND FI TO FI TRANSFERS.
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
- 63-0422553
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1422: ALABAMA CREDIT UNION ADMINISTRATION
- Assets (IRS master file)
- $242,567,364
- Income (IRS master file)
- $11,945,981
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,945,981 | $11,066,963 | $242,567,364 | XML |
| 990 | December 2023 | $10,351,017 | $9,657,652 | $243,193,563 | XML |
| 990 | December 2022 | $7,896,337 | $7,228,967 | $224,160,624 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 63-0422553).
Questions about AUBURN UNIVERSITY CREDIT UNION
- What is the EIN of AUBURN UNIVERSITY CREDIT UNION?
- The employer identification number (EIN) of AUBURN UNIVERSITY CREDIT UNION is 63-0422553.
- Is AUBURN UNIVERSITY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1971.
- Are donations to AUBURN UNIVERSITY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AUBURN UNIVERSITY CREDIT UNION 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 AUBURN UNIVERSITY CREDIT UNION 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 AUBURN UNIVERSITY CREDIT UNION 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 AUBURN UNIVERSITY CREDIT UNION?
- The 990 for the year ended December 31, 2024 names HENRY H ARMSTRONG.
- Who are the officers and directors of AUBURN UNIVERSITY CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $521,775 (HENRY H ARMSTRONG, PRESIDENT AND CEO/TREAS.).
- How much revenue does AUBURN UNIVERSITY CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,945,981, expenses of $11,066,963 and total assets of $242,567,364 at year end.
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