NonprofitsMinnesota Credit Union Network Inc

Minnesota Credit Union Network Inc

SAINT PAUL, MN

Total revenue

$2.7M

Total expenses

$2.7M

Net assets

$3.4M

Grants received

$46K

2 grants

EIN

410417120

Tax year

2024

Mission

The organization was designed to ensure the success growth and vitality of our member credit unions by creating a positive public environment through leadership, political advocacy, education, awareness and regulatory assistance.

Programs

2 programs

The organization provides a compliance and regulatory avenue for its 86 members to get answers for all their compliance and regulatory questions.

During the year the organization made available to all credit union employees, directors, and others affiliated with the credit union approximately 100 educational events. These events were offered via conferences, seminars, and round table discussions.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.4M
Investment income$104K
Other revenue$189K
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising
Other expenses$1.0M
Total expenses$2.7M
Total assets$4.1M
Net assets$3.4M

People

11 listed

NameRoleCompensation

MARA HUMPHREY

PRESIDENT

Board

$354K

38 hrs/wk

AARON DEJONG

DIRECTOR

Board

1 hrs/wk

STEVE EWERS

VICE CHAIR

Board

1 hrs/wk

JAY GOSTONCZIK

DIRECTOR

Board

1 hrs/wk

TRINA HOFF

DIRECTOR

Board

1 hrs/wk

DAVE LARSON

SECRETARY/TR

Board

1 hrs/wk

MARY MATHESON

DIRECTOR

Board

1 hrs/wk

RANDY WILLERT

DIRECTOR

Board

1 hrs/wk

GREG WORTHEN

DIRECTOR

Board

1 hrs/wk

DANA GARRETT

CHAIR

Board

1 hrs/wk

JOHN FERSTL

VP

Staff

$13K

2 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$25K
COMMUNITY INVESTSMENT FUND GRANT
2024
$21K
COMMUNITY INVESTMENT FUND GRANT
2023

Funded by

$46K from 1 funder · 2 grants · 2023–2024

National Credit Union Foundation

$46K · 2 grants · 2023–2024

Details

EIN410417120
Subsection06
Ruling date1944-09
Formed1939
Employees16
Volunteers9
MINNESOTA CREDIT UNION NETWORK INC — Mission, Financials & Grants Received | Grantivo