African American Credit Union Coalition
Snellville, GA
What do they do?
This organization helps African Americans get more involved in credit unions (which are like community banks). They run training programs to teach people leadership skills and help them get jobs in credit unions. They also hold conferences where credit union workers can meet and learn from each other.
Their mission:
"To increase diversity within the credit union community through advocacy and professional development"
💵 Money In vs. Money Out (2023)
Money they received
$2.5 million
Money they spent
$2.6 million
⚠️ They spent more than they received. They were short by $83K.
💡 This shows the big picture: how much came in and how much went out for the year.
📥 Where did the money come from? (2023)
| Source | Amount | % |
|---|---|---|
Donations from people Membership dues from people who joined | $220K | 14% |
Grants Money from related organizations | $901K | 58% |
Money earned from services Conference fees and other program income | $440K | 28% |
Investment earnings Money their savings made | $3K | 0% |
| Total | $1.6 million | 100% |
💡 This shows all the different ways this organization received money during the year.
📤 Where did the money go? (2023)
| What it paid for | Amount | % |
|---|---|---|
Employee salaries & benefits Paychecks and health insurance for workers | $681K | 31% |
Executive/officer pay What the bosses get paid | $243K | 11% |
Travel Flights, hotels, transportation for conferences | $611K | 28% |
Professional services Lawyers, accountants, consultants | $380K | 17% |
Office & rent Rent, utilities, office supplies | $188K | 9% |
Advertising & promotion Marketing, social media, printing | $50K | 2% |
Other expenses Professional development and other costs | $30K | 1% |
| Total spent | $2.2 million | 100% |
💡 This is the real breakdown from their tax filing. It shows exactly what they spent money on.
👥 Who runs this organization? (2023)
| Name | Job Title | Paid |
|---|---|---|
| Cathryn Sattiewhite | President | $141,858 |
| Dohnja Dorman | Vice President | $100,962 |
💡 These are the people who make decisions for this organization and how much they were paid for the year.
🏦 What do they own vs. what do they owe? (2023)
| 💰 Total stuff they own (assets) | $453K |
| 💳 Total they owe (debts) | $235K |
| 📊 What's left (net worth) | $217K |
💡 Their net worth is positive, meaning they own more than they owe. This is generally a healthy sign.
🎯 What programs do they run?
They run three main programs: 1) Board-Ready Training Series that teaches leadership skills to help people serve on nonprofit boards, 2) DEI Leadership Academy that trains financial professionals about diversity and inclusion, and 3) Conferences that bring credit union people together to network and learn.
⚠️ Things you might want to know
They spent $376,788 more than they received, which means they're spending down their savings. This isn't sustainable long-term if it continues.
📄 Where did we get this info?
This comes from the IRS Form 990 that African American Credit Union Coalition filed for the year 2023. Every nonprofit has to tell the government how they spent their money, and that info is public.
👉 See the original tax form yourself →Data from ProPublica Nonprofit Explorer. Plain English summaries created with AI and reviewed for accuracy.