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Organizations Alpena Alcona Area Credit Union

Alpena Alcona Area Credit Union

Fiscal year ending 2024. Filed on November 12, 2025.

PO Box 515
Alpena, Michigan 49707

Alpena Alcona Area Credit Union (EIN: 38-1461385) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Alpena Alcona Area Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 177 total employees. Among the employees shown here, the average compensation is $292,990. The highest compensated employee at Alpena Alcona Area Credit Union is Donald J Mills with fiscal year 2024 compensation of $851,336. Alpena Alcona Area Credit Union changed its name from Credit Unions Chartered in the State of Michigan in 2017.

Revenue, expenses, and employee compensation

Revenue

$50,013,838

Expenses

$39,278,359

Employee compensation

$11,296,552
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Donald J Mills
President and Chief Executive Officer
$851,336
$548,662 No related comp$302,674
Barbara Mills
CXO
$266,599
$236,207 No related comp$30,392
Annah Orban
Mortgage Originator
$244,032
$201,858 No related comp$42,174
Angela Szatkowski
Chief Operating Officer
$237,681
$209,165 No related comp$28,516
Sheila Ling
Mortgage Originator
$160,049
$137,517 No related comp$22,532
Jerome Schmidt
Commercial LOAN Officer
$159,992
$137,087 No related comp$22,905
Jamie Quick
Accounting Director
$131,244
$114,194 No related comp$17,050

Benchmark Employee Compensation

Non-Employee Board Members

Ann Martin
Director
Anne Wirgau
Director
Brian Shumaker
Secretary
Charlie Negro
Chair
James Gorman
Associate Board Member
James McNeil
Director
Mark Devers
Associate Board Member
Michelle Cornish
Director
Scott McLennan
Director
Sheila Panknin
Vice Chair
Terry Nelkie
Treasurer

Contractors

Cuanswers
Data Processing
$1,312,321
Diebold Nixdorf Inc.
ATM Servicing
$165,876
Factual Data
Credit Reports
$127,354
Dell Marketing Lp
Tech and Equipment
$126,752
Neighborhood Mortgage Solutions
Mortgage Servicing
$109,677

Mission Statement

TO BE YOUR MOST TRUSTED AND VALUED FINANCIAL PARTNER. MEMBER PROMISE: WE PROMISE TO SIMPLIFY YOUR LIFE, WORK IN YOUR BEST INTEREST, AND BE YOUR ADVOCATE TO HELP ACHIEVE YOUR FINANCIAL NEEDS.

Revisions to this organization profile

November 12, 2025:
2024 Alpena Alcona Area Credit Union 990 filed
October 31, 2024:
2023 Alpena Alcona Area Credit Union 990 filed
October 27, 2023:
2022 Alpena Alcona Area Credit Union 990 filed

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