Nonprofit · EIN 95-4573503
AMERICAN CREDIT UNION MORTGAGE ASSOCIATION
Tax-exempt · MIDDLETON, WI 53562
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,886,983 | $2,677,966 | $209,017 | $1,714,388 | $194,267 | $1,520,121 |
| December 31, 2023 | 990 | $2,472,257 | $2,166,456 | $305,801 | $1,487,556 | $176,452 | $1,311,104 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,838,913
- Investment income
- $45,846
- Other revenue
- $2,224
Expenses
- Grants and similar amounts paid
- $2,500
- Compensation of officers, directors and key employees
- $369,139
- Other salaries and wages
- $466,255
- Salaries, compensation and benefits (total)
- $1,047,738
- Professional fundraising fees
- $0
- Legal fees
- $3,563
- Accounting fees
- $56,421
- Travel
- $92,046
Balance sheet and other
- Total assets, start of year
- $1,487,556
- Total assets, end of year
- $1,714,388
- Total liabilities, end of year
- $194,267
- Net assets, end of year
- $1,520,121
- Net assets without donor restrictions
- $1,520,121
- Gross receipts
- $2,886,983
- Employees
- 5
- Volunteers
- 7
- Year formed
- 1996
- State of legal domicile
- CA
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 |
|---|---|---|---|---|
| PETER BENJAMIN | PRESIDENT Officer | 40 | $347,277 | $21,862 |
| KRISTA KORFMACHER | DIRECTOR OF EVENTS Highest-paid employee | 40 | $174,121 | $18,516 |
| JUSTIN HAWKINS | DIRECTOR OF MARKETING Highest-paid employee | 40 | $148,629 | $13,491 |
| AMY MOSER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALISSA SYKES-TULLOCH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JASON SASENA | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| JULIE BOWERING | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| VINCE SALINAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BARRY STRICKLIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRANDON WEBB | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER BENJAMIN | PRESIDENT Officer | 40 | $324,945 | $24,373 |
| KRISTA KORFMACHER | DIRECTOR OF EVENTS Highest-paid employee | 40 | $151,789 | $18,661 |
| JUSTIN HAWKINS | DIRECTOR OF MARKETING Highest-paid employee | 40 | $111,854 | $19,646 |
| AMY MOSER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALISSA SYKES-TULLOCH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JASON SASENA | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| BERNIE CHAVIRA | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| JULIE BOWERING | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PAM DAVIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| VINCE SALINAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BARRY STRICKLIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MARK WILBURN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6907 UNIVERSITY AVE, MIDDLETON, WI 53562-2767
- In care of
- % BRIAN LITSTER
- Principal officer (990 for 2024)
- PETER BENJAMIN, 6907 UNIVERSITY AVENUE 331, MIDDLETON, WI 53562
- Signed the 990
- PETER BENJAMIN, PRESIDENT
- Phone
- (877) 442-2862
- Website
- WWW.ACUMA.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROMOTE REAL ESTATE LENDING IN THE CREDIT UNION INDUSTRY.
Program accomplishments
- THE ORGANIZATION HELD TWO ONE-DAY SUMMIT ROUNDTABLES, TWO TWO-DAY WORKSHOPS, AND ONE ANNUAL CONFERENCE FOR ITS MEMBERS. THE ORGANIZATION PROVIDED 40+ VIRTUAL LEARNING OPPORTUNITIES FOR ITS MEMBERS.
- ACUMA SERVICES - ACUMA SERVICES OFFERS ACUMA CREDIT UNION AND CUSO MEMBERS EXCLUSIVE DISCOUNTS THROUGH STRATEGIC PARTNERSHIPS AND ALLIANCES (IN KIND - I.E., NO INCOME IS RECEIVED) WITH HANDPICKED ORGANIZATIONS ON A WIDE RANGE OF PRODUCTS AND SERVICES. PROGRAM DID NOT TAKE EFFECT UNTIL 2025 BUT THE FOUNDATIONS WERE LAID DOWN IN 2024.
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
- 95-4573503
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,714,388
- Income (IRS master file)
- $2,886,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,886,983 | $2,677,966 | $1,714,388 | XML |
| 990 | December 2023 | $2,472,257 | $2,166,456 | $1,487,556 | XML |
| 990 | December 2022 | $2,158,164 | $2,115,004 | $1,379,552 | 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 95-4573503).
Questions about AMERICAN CREDIT UNION MORTGAGE ASSOCIATION
- What is the EIN of AMERICAN CREDIT UNION MORTGAGE ASSOCIATION?
- The employer identification number (EIN) of AMERICAN CREDIT UNION MORTGAGE ASSOCIATION is 95-4573503.
- Is AMERICAN CREDIT UNION MORTGAGE ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
- Are donations to AMERICAN CREDIT UNION MORTGAGE ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN CREDIT UNION MORTGAGE ASSOCIATION 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 CREDIT UNION MORTGAGE ASSOCIATION 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 CREDIT UNION MORTGAGE ASSOCIATION 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 CREDIT UNION MORTGAGE ASSOCIATION?
- The 990 for the year ended December 31, 2024 names PETER BENJAMIN.
- Who are the officers and directors of AMERICAN CREDIT UNION MORTGAGE ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 3 received compensation from the organization, the highest $347,277 (PETER BENJAMIN, PRESIDENT).
- How much revenue does AMERICAN CREDIT UNION MORTGAGE ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,886,983, expenses of $2,677,966 and total assets of $1,714,388 at year end.
Other nonprofits in MIDDLETON
- UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION INC EIN 39-1824445 · last filed 990 for 2025
- MADISON SURGERY CENTER INC EIN 39-1940656 · last filed 990 for 2025
- FUTURE WISCONSIN HOUSING FUND INC EIN 39-1897032 · last filed 990 for 2025
- ATTIC ANGEL PLACE INC EIN 39-1919667 · last filed 990 for 2025
- GENERATIONS FERTILITY CARE INC EIN 27-3496527 · last filed 990 for 2025
- LUCY BURNS INSTITUTE INC EIN 20-8036372 · last filed 990 for 2024
- WAYFORWARD RESOURCES INC EIN 39-1484945 · last filed 990 for 2025
- METAVIVOR RESEARCH AND SUPPORT INC EIN 37-1578088 · last filed 990 for 2024