Logo

Employer Identification Number 41-0174775

MINNCO CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MINNCO CREDIT UNION
Employer identification number (EIN):41-0174775
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration MINNCO CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission Statementstate chartered credit union to promote thrift and to provide source of credit for 27,204 members.
Number of Employees107
Number of Volunteers7
Year Formed1935

Organization Governance

Legal DomicileMN
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 176,722
Net unrelated business incomeUSD $ -228,956
Program Service Revenue from prior yearUSD $ 15,086,833
Program Service Revenue from current yearUSD $ 18,843,903
Investment Income from prior yearUSD $ 3,139,150
Investment Income from current yearUSD $ 3,196,276
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 24,217,478
Net assets / fund balances at end of fiscal yearUSD $ 31,501,052
Net assets / fund balances at beginning of fiscal yearUSD $ 26,563,192
Total liabilities at end of fiscal yearUSD $ 486,532,951
Total liabilities at beginning of fiscal yearUSD $ 479,173,398
Total assets at end of fiscal yearUSD $ 518,034,003
Total assets at beginning of fiscal yearUSD $ 505,736,590
Revenues less expenses for current yearUSD $ 3,081,748
Revenues less expenses for previous yearUSD $ 4,855,260
Total expenses for current yearUSD $ 18,958,431
Total expenses for previous yearUSD $ 13,370,723
Other expenses in current yearUSD $ 11,768,559
Other expenses in previous yearUSD $ 6,942,898
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,189,872
Employee salary and benefits paid in previous yearUSD $ 6,427,825
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 22,040,179
Total revenue in previous fiscal yearUSD $ 18,225,983
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 183,592
Net unrelated business incomeUSD $ -183,731
Program Service Revenue from prior yearUSD $ 15,031,211
Program Service Revenue from current yearUSD $ 15,086,833
Investment Income from prior yearUSD $ 2,235,883
Investment Income from current yearUSD $ 3,139,150
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 27,876,546
Net assets / fund balances at end of fiscal yearUSD $ 26,563,192
Net assets / fund balances at beginning of fiscal yearUSD $ 40,581,590
Total liabilities at end of fiscal yearUSD $ 479,173,398
Total liabilities at beginning of fiscal yearUSD $ 434,348,588
Total assets at end of fiscal yearUSD $ 505,736,590
Total assets at beginning of fiscal yearUSD $ 474,930,178
Revenues less expenses for current yearUSD $ 4,855,260
Revenues less expenses for previous yearUSD $ 5,157,660
Total expenses for current yearUSD $ 13,370,723
Total expenses for previous yearUSD $ 12,109,434
Other expenses in current yearUSD $ 6,942,898
Other expenses in previous yearUSD $ 6,098,101
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,427,825
Employee salary and benefits paid in previous yearUSD $ 6,011,333
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 18,225,983
Total revenue in previous fiscal yearUSD $ 17,267,094
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 109,758
Net unrelated business incomeUSD $ -204,182
Program Service Revenue from prior yearUSD $ 13,470,666
Program Service Revenue from current yearUSD $ 15,031,211
Investment Income from prior yearUSD $ 2,676,402
Investment Income from current yearUSD $ 2,235,883
Other Revenue from prior yearUSD $ 773
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 17,402,082
Net assets / fund balances at end of fiscal yearUSD $ 40,581,590
Net assets / fund balances at beginning of fiscal yearUSD $ 38,367,343
Total liabilities at end of fiscal yearUSD $ 434,348,588
Total liabilities at beginning of fiscal yearUSD $ 367,978,705
Total assets at end of fiscal yearUSD $ 474,930,178
Total assets at beginning of fiscal yearUSD $ 406,346,048
Revenues less expenses for current yearUSD $ 5,157,660
Revenues less expenses for previous yearUSD $ 2,416,660
Total expenses for current yearUSD $ 12,109,434
Total expenses for previous yearUSD $ 13,731,181
Other expenses in current yearUSD $ 6,098,101
Other expenses in previous yearUSD $ 7,773,932
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,011,333
Employee salary and benefits paid in previous yearUSD $ 5,957,249
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 17,267,094
Total revenue in previous fiscal yearUSD $ 16,147,841
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Total of other revenueUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 92,983
Net unrelated business incomeUSD $ -191,396
Program Service Revenue from prior yearUSD $ 13,047,035
Program Service Revenue from current yearUSD $ 13,470,666
Investment Income from prior yearUSD $ 1,295,954
Investment Income from current yearUSD $ 2,676,402
Other Revenue from prior yearUSD $ 24,483
Other Revenue from current yearUSD $ 773
Gross receipts from all sourcesUSD $ 17,226,731
Net assets / fund balances at end of fiscal yearUSD $ 38,367,343
Net assets / fund balances at beginning of fiscal yearUSD $ 34,466,079
Total liabilities at end of fiscal yearUSD $ 367,978,705
Total liabilities at beginning of fiscal yearUSD $ 290,090,179
Total assets at end of fiscal yearUSD $ 406,346,048
Total assets at beginning of fiscal yearUSD $ 324,556,258
Revenues less expenses for current yearUSD $ 2,416,660
Revenues less expenses for previous yearUSD $ 2,170,009
Total expenses for current yearUSD $ 13,731,181
Total expenses for previous yearUSD $ 12,197,463
Other expenses in current yearUSD $ 7,773,932
Other expenses in previous yearUSD $ 6,331,069
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,957,249
Employee salary and benefits paid in previous yearUSD $ 5,866,394
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 16,147,841
Total revenue in previous fiscal yearUSD $ 14,367,472
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 773
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ -235,630
Program Service Revenue from prior yearUSD $ 11,361,038
Program Service Revenue from current yearUSD $ 11,906,273
Investment Income from prior yearUSD $ 1,584,084
Investment Income from current yearUSD $ 2,101,108
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 14,627
Gross receipts from all sourcesUSD $ 14,955,950
Net assets / fund balances at end of fiscal yearUSD $ 30,409,564
Net assets / fund balances at beginning of fiscal yearUSD $ 28,511,582
Total liabilities at end of fiscal yearUSD $ 272,627,288
Total liabilities at beginning of fiscal yearUSD $ 251,873,638
Total assets at end of fiscal yearUSD $ 303,036,852
Total assets at beginning of fiscal yearUSD $ 280,385,220
Revenues less expenses for current yearUSD $ 2,643,830
Revenues less expenses for previous yearUSD $ 3,072,557
Total expenses for current yearUSD $ 11,378,178
Total expenses for previous yearUSD $ 9,872,565
Other expenses in current yearUSD $ 6,167,229
Other expenses in previous yearUSD $ 5,330,791
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,210,949
Employee salary and benefits paid in previous yearUSD $ 4,541,774
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 14,022,008
Total revenue in previous fiscal yearUSD $ 12,945,122
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 14,627
2017-12-31
Total unrelated business incomeUSD $ 96,038
Net unrelated business incomeUSD $ -255,546
Program Service Revenue from prior yearUSD $ 10,387,888
Program Service Revenue from current yearUSD $ 11,361,038
Investment Income from prior yearUSD $ 1,276,391
Investment Income from current yearUSD $ 1,584,084
Other Revenue from prior yearUSD $ 11,398
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 13,916,127
Net assets / fund balances at end of fiscal yearUSD $ 28,511,582
Net assets / fund balances at beginning of fiscal yearUSD $ 25,538,268
Total liabilities at end of fiscal yearUSD $ 251,873,638
Total liabilities at beginning of fiscal yearUSD $ 234,375,338
Total assets at end of fiscal yearUSD $ 280,385,220
Total assets at beginning of fiscal yearUSD $ 259,913,606
Revenues less expenses for current yearUSD $ 3,072,557
Revenues less expenses for previous yearUSD $ 2,040,751
Total expenses for current yearUSD $ 9,872,565
Total expenses for previous yearUSD $ 9,634,926
Other expenses in current yearUSD $ 5,330,791
Other expenses in previous yearUSD $ 5,342,532
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,541,774
Employee salary and benefits paid in previous yearUSD $ 4,292,394
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12,945,122
Total revenue in previous fiscal yearUSD $ 11,675,677
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 51,233
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,021,358
Program Service Revenue from current yearUSD $ 10,387,888
Investment Income from prior yearUSD $ 1,124,077
Investment Income from current yearUSD $ 1,276,391
Other Revenue from prior yearUSD $ 21,608
Other Revenue from current yearUSD $ 11,398
Gross receipts from all sourcesUSD $ 13,359,297
Net assets / fund balances at end of fiscal yearUSD $ 25,538,268
Net assets / fund balances at beginning of fiscal yearUSD $ 23,837,993
Total liabilities at end of fiscal yearUSD $ 234,375,338
Total liabilities at beginning of fiscal yearUSD $ 213,981,126
Total assets at end of fiscal yearUSD $ 259,913,606
Total assets at beginning of fiscal yearUSD $ 237,819,119
Revenues less expenses for current yearUSD $ 2,040,751
Revenues less expenses for previous yearUSD $ 2,312,290
Total expenses for current yearUSD $ 9,634,926
Total expenses for previous yearUSD $ 8,854,753
Other expenses in current yearUSD $ 5,342,532
Other expenses in previous yearUSD $ 4,547,273
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,292,394
Employee salary and benefits paid in previous yearUSD $ 4,307,480
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,675,677
Total revenue in previous fiscal yearUSD $ 11,167,043
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 11,398

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 410174775

USA Location Address
235 1ST AVE W
CAMBRIDGE
MN
550081528
Date first seen: 2012-04-05
Date last seen: 2024-06-05
USA Location Address
235 W 1ST AVE
CAMBRIDGE
MN
55008
Date first seen: 2008-01-01
Date last seen: 2025-12-31
USA Mailing Address
235 1ST AVENUE WEST
CAMBRIDGE
MN
550081528
Date first seen: 2025-08-03
Date last seen: 2026-10-03

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup