2024-11-08T10:15:43-05:00 2023-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2023-01-01 410225925 NORTHERN COMMUNITIES CREDIT UNION NORT 2182793200 3311 WEST ARROWHEAD ROAD DULUTH MN 55811 TRINA HOFF PRESIDENT/CEO 2182793200 2024-10-28 true true BRENT WOOKEY CPA P00062439 6087920843 2024-11-08 X 2023 2024-10-15 13:58:12Z TRINA HOFF 3311 WEST ARROWHEAD ROAD DULUTH MN 55811 6189475 false X WWW.NCCYOU.COM X 1928 MN TO PROMOTE MEMBER SUCCESS BY MEETING THEIR CHANGING FINANCIAL NEEDS. 9 9 39 8535 2350 5375 4208344 5451372 632190 687997 44466 44731 4887350 6189475 6805 10296 0 1752487 1973291 0 0 2404835 3082489 4164127 5066076 723223 1123399 104832624 101562045 94686653 90463123 10145971 11098922 TO PROMOTE MEMBER SUCCESS BY MEETING THEIR CHANGING FINANCIAL NEEDS. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 1,094 NEW DEPOSIT ACCOUNTS IN 2023. AS OF 12/31/23 WE HAD 6,453 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 29,479 NEW LOANS DURING 2023. AS OF 12/31/23 WE HAD 96,304 LOANS RECEIVABLE. . false false false false false false false true false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 1934 0 39 true true true false false false false false false false X 9 9 false false false false true true true true true false false false true true false true true true false false X TRINA HOFF 2182793200 3311 WEST ARROWHEAD ROAD DULUTH MN 55811 TRINA HOFF PRESIDENT/CE 40.00 X 169311 0 69621 ANITA CHANDLER VP ADMINISTR 40.00 X 99804 0 15328 SHARON LUNDQUIST VP LENDING 40.00 X 82021 0 22616 DIRK DAVIS DIRECTOR 0.50 X 1486 0 66 GEORGE WALTERS DIRECTOR 0.50 X 629 0 66 KAREN ERICKSON CHAIR 0.50 X X 382 0 66 JAMES KROLL DIRECTOR 0.50 X 343 0 66 JOHN LINDQUIST DIRECTOR 0.50 X 340 0 66 CHARLES SCHUMACHER DIRECTOR 0.50 X 297 0 66 ROBERT MCCUBBIN DIRECTOR 0.50 X 235 0 66 SHAWN HERHUSKY VICE CHAIR 0.50 X X 234 0 66 RUTH HEMMING SECRETARY 0.50 X X 209 0 66 355291 108159 1 false true false CU COOP SYSTEMS INC 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 CARD PROCESSING 305357 SHARE ONE INC 2650 THOUSAND OAKS BLVD STE 1120 MEMPHIS TN 38118 CORE SYS SOFTWR 201685 2 5375 5375 INTEREST ON LOANS 522130 4216138 4216138 OTHER MEMBER RELATED REVENUE 522130 794895 794895 MEMBER FEE INCOME 522130 431804 431804 FEE & INSURANCE REVENUE 520000 8535 8535 5451372 686997 686997 11581 11581 33150 33150 33150 33150 1000 1000 1000 1000 6189475 5443837 8535 731728 9656 640 355291 1173170 100670 226503 117657 1979 19494 143318 115563 737119 197659 296359 70255 12413 204959 55942 LOAN SERVICING 587634 LOAN LOSS EXPENSE 452054 DIVIDEND EXPENSE 187741 5066076 0 0 0 692804 842059 23597250 5945588 10003 65586294 82700707 632817 692082 4938448 2534388 1660158 2404060 9877680 5980630 2785621 2986916 104832624 101562045 1578235 1100339 15508 21719 930915 93092910 88410150 94686653 90463123 X 10145971 11098922 10145971 11098922 104832624 101562045 X 1123399 -170448 X false false false true X 367315 367315 3243956 1516663 1727293 1327177 1017725 309452 2404060 INVESTMENTS > 1 YEAR MATURITY 5808000 C CAPITAL ACCOUNTS CORP CREDIT UNION 103480 C FHLB 62900 C CU SERVICE CENTER CUSO 6250 C 5980630 MEMBER SHARES & DEPOSITS 88249176 DEFERRED COMP PAYABLE 182693 ESCROW ACCOUNTS TO LINE 21 BAL SHEET -21719 88410150 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS. X X X X false true false TRINA HOFF PRESIDENT/CEO 148566 20577 168 41224 28397 238932 SCHEDULE J, PAGE 1, PART I, LINE 4 TRINA HOFF 0 30,000 0 SCHEDULE J, PART III THE PRESIDENT PARTICIPATES IN A 457(F) PLAN. THE AMOUNT SHOWN ABOVE IS THE CONTRIBUTION TO THE PLAN FOR THIS CALENDAR YEAR. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT GATHERS INFORMATION NECESSARY TO PREPARE RETURN AND PROVIDES THE DATA TO INDEPENDENT CPA WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE PRESIDENTS COMPENSATION. THIS APPROVAL IS NOTED IN THE BOARD MINUTES. A CUNA SALARY SURVEY IS USED AS PART OF THE PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9 INITIAL CECL ADJUSTMENT -170,448