2024-11-15T16:44:49-05:00 2023-12-31 411414667 ESTERBROOKS CPAS LTD 302 W SUPERIOR ST STE200 DULUTH MN 55802 990 2023-01-01 410226110 SHARE ADVANTAGE CREDIT UNION SHAR 2187225931 2502 MAPLE GROVE RD DULUTH MN 55811 STEVEN M RUCE CHAIR 2187225931 2024-11-15 true false MICHAEL A PEDERSON P00454472 2187276846 2024-11-15 2023 2024-10-15 13:58:12Z KELLEE LUECK-SCHAFER 2502 MAPLE GROVE ROAD DULUTH MN 55811 2645821 false X WWW.MYSHAREADVANTAGE.COM X 1926 MN CREDIT UNION SECTION 501(C)(14), TO SERVE THE MEMBERS FINANCIAL NEEDS, TODAY, TOMORROW AND IN THE FUTURE. 7 7 22 0 0 1763726 2027561 347775 548970 114306 18884 2225807 2595415 0 59107 127128 874985 835227 0 0 827261 1055795 1761353 2018150 464454 577265 61488258 54824075 57040002 49655947 4448256 5168128 CREDIT UNION SECTION 501(C)(14), TO SERVE THE MEMBERS FINANCIAL NEEDS, TODAY, TOMORROW AND IN THE FUTURE. false false SERVED THE FINANCIAL NEEDS FOR THE 3,636 MEMBERS IN DULUTH, HERMANTOWN AND PROCTOR. - DIVIDENDS & INTEREST - ANNUAL MEETING PRINTING & PROMOTION - NEWSLETTER PUBLICATIONS - INFORMATIONAL BROCHURES false false false false false false false false false true false false 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 633 0 true 22 true false false false false false false false false X 7 7 false false false false true true true true true false false false false false true true true false X KELLEE LUECK-SCHAFER 2187225931 2502 MAPLE GROVE ROAD DULUTH MN 55811 STEVEN M RUCE CHAIR 1.00 X X 825 0 0 MIKE MARTURANO VICE CHAIR 1.00 X 600 0 0 FLORANNE NYQUIST SECRETARY 1.00 X 675 0 0 KENT LARSON DIRECTOR 1.00 X 525 0 0 RICHARD ERLANDER DIRECTOR 1.00 X 0 0 0 MARC PETERSON DIRECTOR 1.00 X 900 0 0 RUTH MARTIN DIRECTOR 1.00 X 0 0 0 KELLEE LUECK-SCHAFER CEO/PRESIDEN 40.00 X 125154 0 31522 JONI CALVERLY CFO 40.00 X 14811 0 0 143490 31522 1 false true false INTEREST INCOME 522291 1670233 1670233 SERVICE CHARGES & FEE INCOME 522291 357328 357328 2027561 599376 599376 3240 3240 3240 3240 106 50300 -106 -50300 -50406 -106 -50300 STABILIZATION FUNDS RECOVERY 900099 15503 15503 MERCHANDISE SALES 900099 141 141 15644 2595415 2043099 552316 127128 171487 536518 38511 44753 43958 140184 7438 44891 142025 172321 71574 3691 1494 194 51938 18845 ATM/DEBIT CARD EXP 194681 PROV/LOAN LOSSES-CONSUMER 62000 COMPUTER MAINTENANCE COST 33210 VISA CC PROGRAM EXP 26038 85271 2018150 0 0 0 9521948 4469011 10518623 7944185 33861834 35744759 136208 100819 1480002 639159 910637 840843 5555606 4736014 883531 867279 99871 121165 61488258 54824075 716359 1339712 56323643 48316235 57040002 49655947 X 4448256 5168128 4448256 5168128 61488258 54824075 577265 142607 X false false false 334984 334984 1145018 639159 505859 840843 SHARES 43475609 CERT. OF DEPOSITS 4242366 IRA 598260 48316235 X X false false false KELLEE LUECK-SCHAFER CEO/PRESIDENT 125154 8501 23021 156676 FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS MUST MEET THE MEMBERSHIP ELIGIBILITY OF THE CREDIT UNION. THEY WORK FOR CERTAIN EMPLOYERS, WORK FOR THE CREDIT UNION, OR LIVE, WORK, WORSHIP OR ATTEND SCHOOL, BUSINESSES OR OTHER LEGAL ENTITIES LOCATED IN DULUTH, HERMANTOWN, AND PROCTOR, MINNESOTA. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS, EACH SHARE GETS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B THE CREDIT UNION HAS A SUPERVISORY COMMITTEE CONSISTING OF 5 MEMBERS WHO HAS THE RIGHT TO REMOVE A MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE CEO AND CFO OF THE CREDIT UNION ARE GIVEN A COPY OF THE 990 TO REVIEW PRIOR TO THE FILING OF THE FORM BY THE TAX PREPARER. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO/PRESIDENT IS REVIEWED USING COMPARABLE INDUSTRY DATA AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS APPROVE PAYROLL THROUGH THE BUDGET PROCESS. THE MEMBERSHIP APPROVES BOARD COMPENSATION AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST AT THE DULUTH OFFICE.