Metropolitan Area Credit Union Management Association

Organization Overview

Metropolitan Area Credit Union Management Association is located in Alexandria, VA. The organization was established in 1975. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Area Credit Union Management Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Metropolitan Area Credit Union Management Association generated $158.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $153.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ASSOCIATION IMPROVES PRODUCTIVITY AND PROFESSIONALISM OF CREDIT UNION MANAGEMENT THROUGH MONTHLY MEETINGS, ANNUAL FALL CONFERENCE, AND SPECIAL WORKSHOPS. CURRENTLY THE ASSOCIATION HAS OVER 70 AFFILIATE ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROMOTE OPEN EXCHANGE OF IDEAS ON CREDIT UNION ORGANIZATION, OPERATION AND MANAGEMENT AMONG ITS MEMBERS, TO PROMOTE EFFICIENCY, ECONOMY, AND EFFECTIVENESS IN CREDIT UNION MANAGEMENT AND BUSINESS ADMINISTRATION, TO CONSIDER SUBJECTS OF MUTUAL INTEREST IN THE GENERAL FIELD OF CREDIT UNION MANAGEMENT AND BUSINESS ADMINISTRATION, TO ESTABLISH AND MAINTAIN A CLOSER FRATERNAL RELATION AMONG EXECUTIVES AND OTHERS INTERESTED IN CREDIT UNION ORGANIZATION AND MANAGEMENT, TO PROVIDE EDUCATIONAL PROGRAMS TO CREDIT UNION PERSONNEL THROUGH COLLECTIVE AND CO-OPERATIVE PARTICIPATION, AND TO ESTABLISH IDEAL STANDARDS AND PROMOTE THE RECOGNITION OF CREDIT UNION EMPLOYEES AND OFFICIALS.


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Board, Officers & Key Employees

Name (title)Compensation
Don Dimatteo
Chairperson
$0
Bill Hawkins
Vice Chairperson
$0
Isabel Gomez
Director
$0
Jennifer Peart
Secretary
$0
Marco Alvarez
Director
$0
Scott Benson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$75,576
Fundraising events$5,075
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$80,651
Total Program Service Revenue$74,213
Investment income $85
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,759
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $158,708

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