Novation Credit Union
OAKDALE, MN
Total revenue
$13.5M
Total expenses
$10.9M
Net assets
$22.4M
Grants received
—
EIN
410800081
Tax year
2024
Mission
Novation credit union is a not-for-profit financial cooperative providing 17,000 member owners.
Programs
2 programs
Savings:provide checking and savings products including atm, debit cards, direct deposit, online banking, ach and mobile payments to 17,000 member owners.
Investment:provide competitive savings and investment opportunities and retirement planning services to member owners.
Financials
FY 2024
Revenue
Expenses
People
18 listed
MIKE KRONEBUSCH
PRESIDENT/CEO
$261K
50 hrs/wk
TERRY KAHLE
VP OF FINANCE/CFO
$171K
50 hrs/wk
NICK ALTAVILLA
VP OF DIGITAL EXPERIENCE & OPERATIONS
$122K
50 hrs/wk
LORI SCHAETZKA
DIRECTOR OF TECHNOLOGY
$106K
50 hrs/wk
TODD BRANDEL
CHIEF LENDING OFFICER
$100K
50 hrs/wk
DAN CARLSON
DIRECTOR
$1K
1 hrs/wk
MARY EDINGER
BOARD CHAIR
$1K
2 hrs/wk
MATT JUHL
VICE CHAIR
$1K
1 hrs/wk
DARYL THOENNES
DIRECTOR
$1K
1 hrs/wk
WENDY BENSON
SECRETARY
$1K
1 hrs/wk
JOHN SCHWALBACH
DIRECTOR
$1K
1 hrs/wk
JOSEPH PAUL
DIRECTOR
$1K
1 hrs/wk
MICHELLE NEPHEW
DIRECTOR
$900
2 hrs/wk
ROBERT KODY
DIRECTOR
$900
1 hrs/wk
DAWN MCGINLEY
CHAIR
$400
1 hrs/wk
SHAWN SCHOW
DIRECTOR
$400
1 hrs/wk
TYLER SACHE
VP OF MARKETING & STRATEGY
$170K
50 hrs/wk
KRISTI MUKOMELA
FORMER CEO (12/31/23)
$134K
0Independent contractors
VELERA
CARD PROCESSING
G&A OUTSOURCING LLC
PEO SERVICES
CANDESCENT
E SERVICES
FISERV INC
ACCOUNT PROCESSING
RSM US LLP
IT/NETWORK MANAGED SERVICES