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Nonprofit · EIN 57-1091138

AFRICAN AMERICAN CREDIT UNION COALITION

Tax-exempt · SNELLVILLE, GA 30039

Financials

$2.5M$2.6M2023$2.6M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of AFRICAN AMERICAN CREDIT UNION COALITION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,631,008$2,629,164$1,844$1,357,850$1,138,879$218,971
December 31, 2023990$2,475,988$2,558,886-$82,898$452,507$235,380$217,127
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$57,471
Program service revenue
$2,437,480
Investment income
$16,191
Other revenue
$119,866

Expenses

Grants and similar amounts paid
$27,053
Compensation of officers, directors and key employees
$389,331
Other salaries and wages
$373,341
Salaries, compensation and benefits (total)
$963,266
Professional fundraising fees
$0
Accounting fees
$13,609
Occupancy
$105,560
Travel
$165,612
Program services (functional)
$1,430,817
Management and general (functional)
$750,032
Fundraising (functional)
$448,315

Balance sheet and other

Total assets, start of year
$452,507
Total assets, end of year
$1,357,850
Total liabilities, end of year
$1,138,879
Net assets, end of year
$218,971
Publicly traded securities
$118,794
Net assets without donor restrictions
-$268,489
Net assets with donor restrictions
$487,460
Gross receipts
$2,631,008
Employees
10
Volunteers
12
Year formed
1999
State of legal domicile
GA

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.

NameTitleHours / weekCompensationOther / benefits
CATHRYN SATTIEWHITEPRESIDENT/CEO
Officer
40$183,098$3,056
DOHNIA DORMANCHIEF EXPERIENCE OFFICER
Officer
40$105,280$1,400
GRACE SANCHEZSPECIAL ASSISTANT TO THE PRESIDENT
Highest-paid employee
40$100,953$0
WHITNEY M ANDERSONCHAIR
Trustee or director
2$0$0
PRISCILLA AWKARDVICE CHAIR
Trustee or director
2$0$0
DELANA HULINGSECRETARY
Trustee or director
2$0$0
MARVIN T YORKTREASURER
Trustee or director
2$0$0
JOHN BISSELLDIRECTOR
Trustee or director
2$0$0
SHARON CAMPERDIRECTOR
Trustee or director
2$0$0
MAURICE DAWKINSDIRECTOR
Trustee or director
2$0$0
SHARON GRIEGERDIRECTOR
Trustee or director
2$0$0
TY MUSEDIRECTOR
Trustee or director
2$0$0
GARY J PEREZDIRECTOR
Trustee or director
2$0$0
ADRIAN JOHNSONDIRECTOR EMERITUS
Trustee or director
2$0$0
TIMOTHY ANDERSONDIRECTOR EMERITUS
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
CATHRYN SATTIEWHITEPRESIDENT/CEO
Officer
40$183,097$9,930
DOHNIA DORMANCHIEF EXPERIENCE OFFICER
Officer
40$105,000$9,295
WHITNEY M ANDERSONCHAIR
Trustee or director
2$0$0
TRACEY JACKSONVICE CHAIR
Trustee or director
2$0$0
PRISCILLA AWKARDSECRETARY
Trustee or director
2$0$0
MARVIN T YORKTREASURER
Trustee or director
2$0$0
TIMOTHY L ANDERSONDIRECTOR
Trustee or director
2$0$0
JOHN BISSELLDIRECTOR
Trustee or director
2$0$0
SHARON CAMPERDIRECTOR
Trustee or director
2$0$0
DELANA HULINGDIRECTOR
Trustee or director
2$0$0
ADRIAN S JOHNSONDIRECTOR
Trustee or director
2$0$0
TY MUSEDIRECTOR
Trustee or director
2$0$0
GARY J PEREZDIRECTOR
Trustee or director
2$0$0
LYNETTE W SMITHDIRECTOR EMERITUS
Trustee or director
2$0$0
ED PRESNELLDIRECTOR EMERITUS
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 392136, SNELLVILLE, GA 30039-0036
In care of
%
Principal officer (990 for 2024)
CATHRYN SATTIEWHITE, PO BOX 392136, SNELLVILLE, GA 30039
Signed the 990
CATHRYN SATTIEWHITE, PRESIDENT/CEO
Phone
(206) 713-2177
Website
AACUC.ORG
Return prepared by
TURNER WARREN HWANG & CONRAD ACCTCY

Mission

AFRICAN AMERICAN CREDIT UNION COALITION'S MISSION STATEMENT IS TO INCREASE DIVERSITY WITHIN THE CREDIT UNION COMMUNITY THROUGH ADVOCACY AND PROFESSIONAL DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, THE FUTURE FUND (THE FUND) WAS ESTABLISHED TO ENSURE THE LONG-TERM STRENGTH AND SUSTAINABILITY OF THE COALITION IN FULFILLING ITS MISSION TO SERVE THE CREDIT UNION INDUSTRY. IN ADDITION TO SUPPORTING THE COALITION'S PROGRAMS AND PROVIDING AN OPERATING RESERVE, THE FUND IS DESIGNATED TO ENHANCE AND BRING SCALE TO THREE PILLARS OF THE COALITION'S COMMITMENT TO CHANGE INITIATIVE. THE FUND IS STRUCTURED TO BENEFIT FROM INVESTMENT RETURNS, ENABLING THE CREDIT UNION SYSTEM TO SUPPORT THE COALITION THROUGH STRATEGIC INVESTMENT OPPORTUNITIES. CREDIT UNIONS AND OTHER SUPPORTERS MAY PARTICIPATE BY OPENING A CERTIFICATE OF DEPOSIT OR A CHARITABLE DONATION ACCOUNT (CDA) WITH ONE OF THE FUND'S STRATEGIC PARTNERS, NATIONAL COOPERATIVE BANK (NCB), ALM FIRST OR TRUSTAGE FINANCIAL GROUP, INC. (TRUSTAGE).DONORS MAY OPEN A CERTIFICATE OF DEPOSIT ACCOUNT WITH NCB AND CONTRIBUTE A SPECIFIED PERCENTAGE OF THE INTEREST EARNED TO SUPPORT THE COALITION. ALM FIRST AND TRUSTAGE OFFER CHARITABLE DONATION ACCOUNTS TO CREDIT UNION INVESTORS. CDA ASSETS ARE HELD IN SEGREGATED CUSTODIAL ACCOUNTS AND A MINIMUM OF 51% OF EACH CDA'S TOTAL RETURN MUST BE DISTRIBUTED TO THE COALITION. THE FUTURE FUND COMMITTEE REVIEWS AND APPROVES THE DISTRIBUTION ON A QUARTERLY BASIS.
    Expenses $103,892 · revenue $512,090
  • THE DEI LEADERSHIP ACADEMY WAS ESTABLISHED FOR FINANCIAL PROFESSIONALS AND IS DESIGNED TO INSPIRE AND EMPOWER FINANCIAL PROFESSIONALS TO LEAD WITH A MINDSET OF DIVERSITY, EQUITY, AND INCLUSION TO BETTER REPRESENT AND SERVE THE GLOBAL COMMUNITIES WE SERVE.
    Expenses $45,434 · revenue $139,712
  • CONFERENCES WERE HELD DURING THE YEAR TO PROMOTE INTERNSHIP AND MENTORSHIP PROGRAMS AND TO CREATE OPPORTUNITIES FOR VARIOUS CREDIT UNIONS AND CREDIT UNION PROVIDERS TO MEET AND WORK WITH ONE ANOTHER.
    Expenses $471,306 · revenue $777,126
  • Expenses $810,185 · grants $27,053 · revenue $1,202,080

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
57-1091138
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,357,850
Income (IRS master file)
$2,631,008

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,631,008$2,629,164$1,357,850IRS
990December 2023$2,475,988$2,558,886$452,507XML
990December 2022$1,563,066$1,939,854$300,025IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 57-1091138).

Questions about AFRICAN AMERICAN CREDIT UNION COALITION

What is the EIN of AFRICAN AMERICAN CREDIT UNION COALITION?
The employer identification number (EIN) of AFRICAN AMERICAN CREDIT UNION COALITION is 57-1091138.
Is AFRICAN AMERICAN CREDIT UNION COALITION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to AFRICAN AMERICAN CREDIT UNION COALITION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFRICAN AMERICAN CREDIT UNION COALITION 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 AFRICAN AMERICAN CREDIT UNION COALITION 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 AFRICAN AMERICAN CREDIT UNION COALITION 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 AFRICAN AMERICAN CREDIT UNION COALITION?
The 990 for the year ended December 31, 2024 names CATHRYN SATTIEWHITE.
Who are the officers and directors of AFRICAN AMERICAN CREDIT UNION COALITION?
The 990 for the year ended December 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $183,098 (CATHRYN SATTIEWHITE, PRESIDENT/CEO).
How much revenue does AFRICAN AMERICAN CREDIT UNION COALITION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,631,008, expenses of $2,629,164 and total assets of $1,357,850 at year end.

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