Aurora Postal Employees Credit Union is located in Aurora, IL. The organization was established in 1932. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Aurora Postal Employees Credit Union employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aurora Postal Employees Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.
For the year ending 12/2021, Aurora Postal Employees Credit Union generated $95.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $95.0k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING SHARE ACCOUNTS AND LOANS AT REASONABLE RATED TO LOCAL POSTAL EMPLOYEES AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POSTAL EMPLOYEE MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Dorsey | OfficerTrustee | 20 | $18,000 |
Frank Appello Employee | OfficerTrustee | 20 | $11,780 |
Patricia Kiley | Trustee | 4 | $1,360 |
David Fruit | OfficerTrustee | 0 | $0 |
Trina Burket | OfficerTrustee | 0 | $0 |
Brian Hayes | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $80,003 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $95,000 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $29,780 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,360 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,557 |
Fees for services: Management | $0 |
Fees for services: Legal | $728 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,990 |
Office expenses | $8,484 |
Information technology | $7,550 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,726 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $93 |
Insurance | $4,737 |
All other expenses | $18,429 |
Total functional expenses | $95,001 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,865 |
Savings and temporary cash investments | $874,588 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,163,754 |
Loans from Officers, Directors, or Controlling Persons | $10,820 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,319 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,180,346 |
Accounts payable and accrued expenses | $5,820 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,820 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $1,802,466 |
Paid-in or capital surplus, or land, building, or equipment fund | $193,493 |
Retained earnings, endowment, accumulated income, or other funds | $178,567 |
Total liabilities and net assets/fund balances | $2,180,346 |
Organization Name | Assets | Revenue |
---|---|---|
Membersalliance Credit Union Rockford, IL | $261,024,917 | $10,604,596 |
Service One Credit Union Inc Bowling Green, KY | $216,310,461 | $10,108,850 |
I S U Credit Union Normal, IL | $197,404,498 | $11,378,567 |
Natco Credit Union Richmond, IN | $134,204,698 | $10,613,875 |
Staley Credit Union Decatur, IL | $195,709,459 | $9,502,383 |
Iaa Credit Union Bloomington, IL | $345,554,883 | $10,972,923 |
Rock Valley Federal Credit Union Loves Park, IL | $147,532,659 | $9,262,082 |
Community Trust Credit Union Gurnee, IL | $300,266,331 | $7,919,294 |
United Credit Union Chicago, IL | $261,855,618 | $8,121,425 |
Partnership Financial Credit Union Morton Grove, IL | $361,844,381 | $9,633,298 |
Iowa Corporate Central Credit Union Dubuque, IA | $165,623,209 | $6,087,437 |
Department Of Financial Institution Division Of Credit Unions In Ind Indianapolis, IN | $100,553,243 | $5,146,617 |