Associated Credit Union
Nonprofit profile at a glance
- EIN
- 580240950
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Norcross, GA, USA
- Phone
- (800) 952-1927
- Rating confidence
- Limited
- Sector
- Credit Unions
Reported finances
- Revenue
- $129,974,439
- Expenses
- $118,948,911
- Assets
- $2,242,878,570
- Liabilities
- $1,982,249,174
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- C LIN HODGES (PRESIDENT/CEO)
Highest reported compensation
- C LIN HODGES (PRESIDENT/CEO): $1,073,940 total reported compensation
- TIM BRIDGES (EXECUTIVE VP/CFO): $637,695 total reported compensation
- MARK WALLER (EXECUTIVE VP/COO): $597,972 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
For over 90 years, Associated Credit Union has been committed to providing exceptional service and a wide variety of competitive products and services to help our members achieve their financial goals and afford life; ACU operates under a “people first” mindset, and its mission is to offer members financial products that fulfill their needs, service that exceeds their expectations, and relationships that inspire their trust.
What it reported doing in 2024
Associated credit union is a full-service financial institution offering a wide variety of products and services to over 150,000 members in the state of Georgia.
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 96
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 92.9%; rating input score 93; 42nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.5%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 18.86; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.88; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 36th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.1M · 31 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $7.6M reported
- Consistency: 15 of 15 current checks pass
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 48 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.