2025-11-17T14:11:22-05:00 2024-12-31 411414667 ESTERBROOKS CPAS LTD 302 W SUPERIOR ST STE200 DULUTH MN 55802 990 2024-01-01 410226110 SHARE ADVANTAGE CREDIT UNION SHAR 2187225931 2502 MAPLE GROVE RD DULUTH MN 55811 KELLEE LUECK-SCHAFER CEO/PRESIDENT 2187225931 2025-11-17 true false MICHAEL A PEDERSON P00454472 2187276846 2025-11-17 2024 2025-03-06 01:10:19Z KELLEE LUECK-SCHAFER 2502 MAPLE GROVE ROAD DULUTH MN 55811 3181986 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 17 0 0 2027561 2294122 548970 621723 18884 1359 2595415 2917204 0 127128 225170 835227 1001738 0 0 1055795 997949 2018150 2224857 577265 692347 54824075 56395773 49655947 50110754 5168128 6285019 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 3,500 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 10 0 true 17 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 900 0 0 MIKE MARTURANO VICE CHAIR 1.00 X 675 0 0 FLORANNE NYQUIST SECRETARY 1.00 X 600 0 0 KENT LARSON DIRECTOR 1.00 X 750 0 0 RICHARD ERLANDER DIRECTOR 1.00 X 0 0 0 MARC PETERSON DIRECTOR 1.00 X 675 0 0 RUTH MARTIN DIRECTOR 1.00 X 525 0 0 KELLEE LUECK-SCHAFER CEO/PRESIDEN 40.00 X 187418 0 49435 191543 49435 1 false true false INTEREST INCOME 522291 1950077 1950077 SERVICE CHARGES & FEE INCOME 522291 344045 344045 2294122 620899 620899 265606 264782 824 824 824 MERCHANDISE SALES 900099 1004 1004 STABILIZATION FUNDS RECOVERY 900099 355 355 1359 2917204 2296305 620899 225170 240978 640371 21370 38810 60209 98954 5500 55335 135885 206051 65575 2577 228 10438 51826 18325 ATM/DEBIT CARD EXP 208847 COMPUTER MAINTENANCE COST 34175 VISA CC PROGRAM EXP 23355 COURIER EXPENSES 20225 60653 2224857 0 0 0 4469011 5941445 7944185 5811194 35744759 37452354 100819 39580 1510886 691739 840843 819147 4736014 5609797 867279 584472 121165 137784 54824075 56395773 1339712 1008137 48316235 49102617 49655947 50110754 X 5168128 6285019 5168128 6285019 54824075 56395773 692347 424544 X false false false 334984 334984 765975 376246 389729 1258 1258 408669 314235 94434 819147 SHARES 43589331 CERT. OF DEPOSITS 4927419 IRA 585867 49102617 X X false false false KELLEE LUECK-SCHAFER CEO/PRESIDENT 187418 22224 27211 236853 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.