NonprofitsUnited Employees Credit Union

United Employees Credit Union

ALBERT LEA, MN

Total revenue

$2.7M

Total expenses

$2.1M

Net assets

$8.0M

Grants received

EIN

410615030

Tax year

2024

Mission

To provide member-owners a sound financial environment while maintaining a personal level of service with a high level of quality and efficiency.

Programs

1 program

The credit union has several types of loan programs available for our members. We funded 678 new loans to our members during 2024. As of 12/31/24 we had 2,155 loans to our members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.6M
Investment income$1.1M
Other revenue$6K
Total revenue$2.7M

Expenses

Grants paid$500
Salaries & benefits$583K
Fundraising
Other expenses$1.5M
Total expenses$2.1M
Total assets$60.0M
Net assets$8.0M

People

10 listed

NameRoleCompensation

MATT MARAS

PRESIDENT /

Board

$144K

45 hrs/wk

DAVID SCHROEDER

VICE PRESIDE

Board

$72K

42 hrs/wk

MARGARET FLATNESS

VICE PRESIDE

Board

$14K

C THAYNE NORDLAND

BOARD CHAIR

Board

1 hrs/wk

STEVE GUENTHNER

VICE CHAIR

Board

1 hrs/wk

GRACE STEIL

SECRETARY

Board

1 hrs/wk

LEON HELLICKSON

DIRECTOR

Board

1 hrs/wk

RON TIMM

DIRECTOR

Board

1 hrs/wk

STEVE BOWRON

DIRECTOR

Board

1 hrs/wk

JAY WALTMAN

DIRECTOR

Board

1 hrs/wk

Details

EIN410615030
Subsection14
Ruling date1944-09
Formed1932
Employees10
Volunteers10
UNITED EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo