Alpena Alcona Area Credit Union
Alpena, MI · EIN 38-1461385 · Rank 9,804 by total revenue
To provide financial services to member owners with a common bond.
Money, Form 990 for tax year 2024
- Total revenue
- $50,013,838
- Total expenses
- $39,278,359
- Total assets
- $861,392,444
- Salary base (all salaries and wages)
- $8,064,703
- Salaries, other pay and benefits
- $11,296,552
- Employees
- 177
- Salary base per employee
- $45,563
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (13)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Donald J Mills | PRESIDENT/CEO | Officer | 40 | $851,336 |
| Jamie Quick | DIRECTOR OF ACCOUNTING | Officer | 40 | $131,244 |
| Charlie Negro | CHAIRPERSON | Board | 2 | None reported |
| Sheila Panknin | VICE CHAIRPERSON | Board | 2 | None reported |
| Terry Nelkie | TREASURER | Board | 2 | None reported |
| Brian Shumaker | SECRETARY | Board | 2 | None reported |
| Michelle Cornish | DIRECTOR | Board | 2 | None reported |
| Ann Martin | DIRECTOR | Board | 2 | None reported |
| James McNeil | DIRECTOR | Board | 2 | None reported |
| Mark Devers | ASSOCIATE BOARD MEMBER | Board | 2 | None reported |
| James Gorman | ASSOCIATE BOARD MEMBER | Board | 2 | None reported |
| Scott McLennan | DIRECTOR | Board | 2 | None reported |
| Anne Wirgau | DIRECTOR | Board | 2 | None reported |
Top 10 paid people listed
These 7 people received $2,050,933, which is 25.4% of the $8,064,703 salary base shared by 177 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Donald J Mills | PRESIDENT/CEO | Officer | 40 | $548,662 | $0 | $302,674 | $851,336 |
| Barbara Mills | CXO | Highly paid employee | 40 | $236,207 | $0 | $30,392 | $266,599 |
| Annah Orban | MORTGAGE ORIGINATOR | Highly paid employee | 40 | $201,858 | $0 | $42,174 | $244,032 |
| Angela Szatkowski | COO | Highly paid employee | 40 | $209,165 | $0 | $28,516 | $237,681 |
| Sheila Ling | MORTGAGE ORIGINATOR | Highly paid employee | 40 | $137,517 | $0 | $22,532 | $160,049 |
| Jerome Schmidt | COMMERCIAL LOAN OFFICER | Highly paid employee | 40 | $137,087 | $0 | $22,905 | $159,992 |
| Jamie Quick | DIRECTOR OF ACCOUNTING | Officer | 40 | $114,194 | $0 | $17,050 | $131,244 |
Sources
- IRS e-file return 202513169349302366 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-1461385
- Organization website (as filed): www.aaacu.com