NonprofitsCo-Op Credit Union Of Montevideo

Co-Op Credit Union Of Montevideo

MONTEVIDEO, MN

Total revenue

$20.2M

Total expenses

$15.7M

Net assets

$56.0M

Grants received

EIN

410693272

Tax year

2024

Mission

The credit union provides financial services, investment options, and loans for approximately 17,200 members in west central minnesota. The credit union has locations in montevideo, benson, canby and willmar.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$17.6M
Investment income$2.5M
Other revenue
Total revenue$20.2M

Expenses

Grants paid
Salaries & benefits$4.3M
Fundraising
Other expenses$4.3M
Total expenses$15.7M
Total assets$374.5M
Net assets$56.0M

People

16 listed

NameRoleCompensation

KAYLA REIFFENBERGER

PRESIDENT/CEO

Board

$282K

40 hrs/wk

PETER SCHMITZ

SECRETARY

Board

$728

0

MARK TASTAD

BOARD OFFICER

Board

$635

0

JASON FRENCH

CHAIRPERSON

Board

$625

0

KYLE KRANZ

BOARD MEMBER

Board

$613

0

DIANE DIETER

VICE CHAIRPERSON

Board

$575

0

JENNIFER STRYHN

BOARD MEMBER

Board

$570

0

BARB PEDERSON

SUPERVISORY CHAIRPERSON

Board

$428

0

PATRICK CARRUTH

BOARD MEMBER

Board

$353

0

AARON JAENISCH

SUPERVISORY MEMBER

Board

$228

0

RONDA OLSON

SUPERVISORY MEMBER

Board

$203

0

DANIEL PIEPER

CHIEF CREDIT OFFICER

Staff

$172K

40 hrs/wk

ANNA SPRAY

CFO

Staff

$128K

40 hrs/wk

LOREN HANSEN

LOAN OFFICER

Staff

$121K

40 hrs/wk

CHERI HUGHES

Branch Manager/Loan Officer

Staff

$107K

40 hrs/wk

Ryan Epema

Loan Officer

Staff

$100K

40 hrs/wk

Independent contractors

FISERV INC

COMPUTER SOFTWARE/CARDS/SUPPLIES

$661K

JACK HENRY & ASSOCIATES INC

CORE OPERATING SYSTEM

$586K

MARCO TECHNOLOGIES INC

TECHNOLOGY SERVICES

$204K

ARCA

TCR

$167K

VISA USA INC

CARD SERVICES

$145K

Details

EIN410693272
Subsection14
Ruling date1944-09
Formed1940
Employees83
Volunteers0
CO-OP CREDIT UNION OF MONTEVIDEO — Mission, Financials & Grants Received | Grantivo