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Employer Identification Number 41-0547860

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

Company Name:SOO LINE CREDIT UNION
Employer identification number (EIN):41-0547860
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration SOO LINE 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 StatementTO CONDUCT THE ORDINARY AND NECESSARY BUSINESS OF A CREDIT UNION INVOLVING THE RECEIVING OF SAVINGS OF MEMBERS AND LENDING MONEY TO MEMBERS FOR PROVIDENT PURPOSES.
Number of Employees12
Number of Volunteers12
Year Formed1927

Organization Governance

Legal DomicileMN
Voting Members - Governing Body8
Voting Members - Independent8

Organization Financials

2018-12-31
Total unrelated business incomeUSD $ 27,144
Net unrelated business incomeUSD $ -129,711
Program Service Revenue from prior yearUSD $ 1,912,828
Program Service Revenue from current yearUSD $ 1,969,642
Investment Income from prior yearUSD $ 79,389
Investment Income from current yearUSD $ 149,068
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 9,000
Gross receipts from all sourcesUSD $ 2,137,170
Net assets / fund balances at end of fiscal yearUSD $ 3,288,648
Net assets / fund balances at beginning of fiscal yearUSD $ 3,405,484
Total liabilities at end of fiscal yearUSD $ 38,525,713
Total liabilities at beginning of fiscal yearUSD $ 40,514,705
Total assets at end of fiscal yearUSD $ 41,814,361
Total assets at beginning of fiscal yearUSD $ 43,920,189
Revenues less expenses for current yearUSD $ -115,674
Revenues less expenses for previous yearUSD $ 104,612
Total expenses for current yearUSD $ 2,243,384
Total expenses for previous yearUSD $ 1,887,605
Other expenses in current yearUSD $ 1,546,346
Other expenses in previous yearUSD $ 1,217,318
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 $ 681,789
Employee salary and benefits paid in previous yearUSD $ 653,860
Benefits paid to or for members in current yearUSD $ 15,249
Benefits paid to or for members in previous yearUSD $ 16,427
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,127,710
Total revenue in previous fiscal yearUSD $ 1,992,217
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 9,000
2017-12-31
Total unrelated business incomeUSD $ 42,238
Net unrelated business incomeUSD $ -50,984
Program Service Revenue from prior yearUSD $ 2,010,010
Program Service Revenue from current yearUSD $ 1,912,828
Investment Income from prior yearUSD $ 70,299
Investment Income from current yearUSD $ 79,389
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,005,220
Net assets / fund balances at end of fiscal yearUSD $ 3,405,484
Net assets / fund balances at beginning of fiscal yearUSD $ 3,311,268
Total liabilities at end of fiscal yearUSD $ 40,514,705
Total liabilities at beginning of fiscal yearUSD $ 38,791,088
Total assets at end of fiscal yearUSD $ 43,920,189
Total assets at beginning of fiscal yearUSD $ 42,102,356
Revenues less expenses for current yearUSD $ 104,612
Revenues less expenses for previous yearUSD $ 168,855
Total expenses for current yearUSD $ 1,887,605
Total expenses for previous yearUSD $ 1,911,454
Other expenses in current yearUSD $ 1,217,318
Other expenses in previous yearUSD $ 1,172,161
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 $ 653,860
Employee salary and benefits paid in previous yearUSD $ 718,828
Benefits paid to or for members in current yearUSD $ 16,427
Benefits paid to or for members in previous yearUSD $ 20,465
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,992,217
Total revenue in previous fiscal yearUSD $ 2,080,309
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 41,184
Net unrelated business incomeUSD $ -69,179
Program Service Revenue from prior yearUSD $ 2,035,389
Program Service Revenue from current yearUSD $ 2,010,010
Investment Income from prior yearUSD $ 46,261
Investment Income from current yearUSD $ 70,299
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,090,549
Net assets / fund balances at end of fiscal yearUSD $ 3,311,268
Net assets / fund balances at beginning of fiscal yearUSD $ 3,131,540
Total liabilities at end of fiscal yearUSD $ 38,791,088
Total liabilities at beginning of fiscal yearUSD $ 39,123,759
Total assets at end of fiscal yearUSD $ 42,102,356
Total assets at beginning of fiscal yearUSD $ 42,255,299
Revenues less expenses for current yearUSD $ 168,855
Revenues less expenses for previous yearUSD $ 171,086
Total expenses for current yearUSD $ 1,911,454
Total expenses for previous yearUSD $ 1,910,564
Other expenses in current yearUSD $ 1,172,161
Other expenses in previous yearUSD $ 1,046,352
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 $ 718,828
Employee salary and benefits paid in previous yearUSD $ 836,828
Benefits paid to or for members in current yearUSD $ 20,465
Benefits paid to or for members in previous yearUSD $ 27,384
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,080,309
Total revenue in previous fiscal yearUSD $ 2,081,650
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 46,472
Net unrelated business incomeUSD $ -55,830
Program Service Revenue from prior yearUSD $ 2,108,846
Program Service Revenue from current yearUSD $ 2,035,389
Investment Income from prior yearUSD $ 47,939
Investment Income from current yearUSD $ 46,261
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,098,942
Net assets / fund balances at end of fiscal yearUSD $ 3,131,540
Net assets / fund balances at beginning of fiscal yearUSD $ 2,958,605
Total liabilities at end of fiscal yearUSD $ 39,123,759
Total liabilities at beginning of fiscal yearUSD $ 36,732,361
Total assets at end of fiscal yearUSD $ 42,255,299
Total assets at beginning of fiscal yearUSD $ 39,690,966
Revenues less expenses for current yearUSD $ 171,086
Revenues less expenses for previous yearUSD $ 179,697
Total expenses for current yearUSD $ 1,910,564
Total expenses for previous yearUSD $ 1,977,088
Other expenses in current yearUSD $ 1,046,352
Other expenses in previous yearUSD $ 1,130,138
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 $ 836,828
Employee salary and benefits paid in previous yearUSD $ 819,095
Benefits paid to or for members in current yearUSD $ 27,384
Benefits paid to or for members in previous yearUSD $ 27,855
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,081,650
Total revenue in previous fiscal yearUSD $ 2,156,785
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2014-12-31
Total unrelated business incomeUSD $ 33,600
Net unrelated business incomeUSD $ -38,404
Program Service Revenue from prior yearUSD $ 2,258,958
Program Service Revenue from current yearUSD $ 2,108,846
Investment Income from prior yearUSD $ 89,574
Investment Income from current yearUSD $ 47,939
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,257,893
Net assets / fund balances at end of fiscal yearUSD $ 2,958,605
Net assets / fund balances at beginning of fiscal yearUSD $ 2,783,662
Total liabilities at end of fiscal yearUSD $ 36,732,361
Total liabilities at beginning of fiscal yearUSD $ 37,475,523
Total assets at end of fiscal yearUSD $ 39,690,966
Total assets at beginning of fiscal yearUSD $ 40,259,185
Revenues less expenses for current yearUSD $ 179,697
Revenues less expenses for previous yearUSD $ 137,113
Total expenses for current yearUSD $ 1,977,088
Total expenses for previous yearUSD $ 2,211,419
Other expenses in current yearUSD $ 1,130,138
Other expenses in previous yearUSD $ 1,214,776
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 $ 819,095
Employee salary and benefits paid in previous yearUSD $ 965,980
Benefits paid to or for members in current yearUSD $ 27,855
Benefits paid to or for members in previous yearUSD $ 30,663
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,156,785
Total revenue in previous fiscal yearUSD $ 2,348,532
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 410547860

USA Location Address
501 MARQUETTE AVENUE SUITE 1100
MINNEAPOLIS
MN
55402
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Location Address
14327 HUNTINGTON AVE S
SAVAGE
MN
55378
Date first seen: 2007-05-01
Date last seen: 2025-12-31
USA Mailing Address
14327 HUNTINGTON AVENUE SOUTH
SAVAGE
MN
553782678
Date first seen: 2014-07-15
Date last seen: 2019-07-22

EIN Events

Event Date Event description
2022-12-12Posting of automatic revocation of federal tax exempt status for not filing Form 990 return or notice for 3 consecutive years
2022-09-15Automatic revocation of federal tax exempt status for not filing Form 990 return or notice for 3 consecutive years

Nearby companies/organizations

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

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