NonprofitsNorthern Communities Credit Union

Northern Communities Credit Union

DULUTH, MN

Total revenue

$7.3M

Total expenses

$6.1M

Net assets

$12.3M

Grants received

EIN

410225925

Tax year

2024

Mission

To promote member success by meeting their changing financial needs.

Programs

1 program

The credit union has several types of loan programs available for our members. We funded 1,401 new loans during 2024. As of 12/31/24 we had 80,007 loans receivable.

Financials

FY 2024

Revenue

Contributions & grants$8K
Program service revenue$7.0M
Investment income$312K
Other revenue$16K
Total revenue$7.3M

Expenses

Grants paid$7K
Salaries & benefits$2.3M
Fundraising
Other expenses$3.8M
Total expenses$6.1M
Total assets$108.5M
Net assets$12.3M

People

12 listed

NameRoleCompensation

TRINA HOFF

PRESIDENT/CE

Board

$333K

40 hrs/wk

ANITTA CHANDLER

COO

Board

$165K

40 hrs/wk

SHANNON LUNDQUIST

VP LENDING

Board

$137K

40 hrs/wk

DIRK DAVIS

VICE CHAIR

Board

$2K

0.5 hrs/wk

JOHN LINDQUIST

DIRECTOR

Board

$1K

0.5 hrs/wk

GEORGE WALTERS

DIRECTOR

Board

$996

0.5 hrs/wk

SHAWN HERHUSKY

CHAIR

Board

$484

0.5 hrs/wk

KAREN ERICKSON

DIRECTOR

Board

$465

0.5 hrs/wk

JAMES KROLL

DIRECTOR

Board

$409

0.5 hrs/wk

RUTH HEMMING

SECRETARY

Board

$328

0.5 hrs/wk

CHARLES SCHUMACHER

DIRECTOR

Board

$283

0.5 hrs/wk

ROBERT MCCUBBIN

DIRECTOR

Board

$234

0.5 hrs/wk

Independent contractors

CU COOP SYSTEMS INC

CARD PROCESSING

$305K

SHARE ONE INC

CORE SYS SOFTWR

$217K

Details

EIN410225925
Subsection14
Ruling date1944-09
Formed1928
Employees37
NORTHERN COMMUNITIES CREDIT UNION — Mission, Financials & Grants Received | Grantivo