2025-09-25T15:32:16-04:00 2024-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2024-01-01 410849130 NORTHRIDGE COMMUNITY CREDIT UNION NORT 8776722848 921 17TH STREET SOUTH VIRGINIA MN 55792 NICHOLAS MATHIOWETZ PRES/CEO & SEC/TREAS 2184712121 2025-09-12 true true BRENT WOOKEY CPA P00062439 6087920843 2025-09-25 X 2024 2025-03-06 01:10:19Z X NICHOLAS MATHIOWETZ 921 17TH STREET SOUTH VIRGINIA MN 55792 9690108 false X WWW.NRCCU.ORG X CREDIT UNION 1957 MN OUR PURPOSE IS TO SUPPORT THE PEOPLE IN OUR COMMUNITIES; TO ENCOURAGE THEIR LEARNING AND UNDERSTANDING OF THEIR UNIQUE FINANCIAL SITUATIONS AND PROVIDE TOOLS FOR OUR MEMBERS TO REACH THEIR DREAMS. 5 4 40 6 22566 303699 375266 7717170 8916360 197240 345082 34566 50647 8252675 9687355 2075 1793 0 1999152 2181980 0 0 4083879 5744993 6085106 7928766 2167569 1758589 104756237 114306052 91714312 99326032 13041925 14980020 OUR PURPOSE IS TO SUPPORT THE PEOPLE IN OUR COMMUNITIES; TO ENCOURAGE THEIR LEARNING AND UNDERSTANDING OF THEIR UNIQUE FINANCIAL SITUATIONS AND PROVIDE TOOLS FOR OUR MEMBERS TO REACH THEIR DREAMS. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 2,512 NEW DEPOSIT ACCOUNTS IN 2024. AS OF 12/31/24 WE HAD 7,608 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 2,207 NEW LOANS DURING 2024. AS OF 12/31/24 WE HAD 5,202 LOANS RECEIVABLE. false false false false false false false true 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 1875 0 true 40 true true true false false false false false false false X 5 4 false false false false true true true true true false false false true true true false true true true false X KRISTEN MONSON 8776722848 921 17TH STREET SOUTH VIRGINIA MN 55792 NICHOLAS MATHIOWETZ PRES/CEO & S 40.00 X X 164236 0 16403 MILDRED WELLS-BOYER VP RETAIL SE 40.00 X 115986 0 4947 ELIZABETH POPP VP ADMINISTR 40.00 X 114998 0 4602 RYAN REDISKE CHAIR 0.50 X X 0 0 0 SUSAN SOWERS VICE CHAIR 0.50 X X 0 0 0 CASSANDRA HAINEY DIRECTOR 0.50 X 0 0 0 LORI EDSTROM DIRECTOR 0.50 X 0 0 0 395220 25952 3 false true false THE BOLDT COMPANY BIN 88285 MILWAUKEE WI 53288 CONSTRUCTION 380547 MEMBER ACCESS PROCESSING 450 ALASKAN WAY SOUTH SEATTLE WA 98104 CARD PROCESSING 280486 CU INTERFACE 4125 HIGHLANDER PKWY SUITE 175 RICHFIELD OH 44286 CORE SYSTEM 121457 3 372766 2500 375266 INTEREST ON LOANS 522130 6778495 6778495 MEMBER FEE INCOME 522130 1597383 1597383 OTHER MEMBER RELATED REVENUE 522130 517916 517916 FEE & INSURANCE INCOME 520000 22566 22566 8916360 347835 347835 11570 11570 39077 39077 39077 39077 2753 -2753 -2753 -2753 9687355 8891041 22566 398482 1793 395220 1330770 49662 260635 145693 11650 48005 42920 133000 781505 206207 221055 80571 361559 389697 43409 DIVIDENDS EXPENSE 1405191 LOAN LOSS EXPENSE 1197992 DEBIT/CREDIT CARD EXP 578320 LOAN SERVICING EXPENSE 165689 78223 7928766 0 0 0 2896652 2210505 7323302 14053032 125 105 79982716 85800906 167313 149317 8628355 2238026 6247458 6390329 6816276 3824735 1322395 1877123 104756237 114306052 1207535 466565 181285 166190 7000000 2000000 83325492 96693277 91714312 99326032 X 13041925 14980020 13041925 14980020 104756237 114306052 1758589 179506 X false false false true X 582688 582688 6514561 1520213 4994348 99828 37120 62708 1431278 680693 750585 6390329 MEMBER SHARES & DEPOSITS 96859467 ESCROW TO LINE 21 BALANCE SHEET -166190 96693277 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 false false false NICHOLAS MATHIOWETZ PRES/CEO & SEC/TREAS 150278 13868 90 4999 11404 180639 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 PROVIDES NECESSARY DATA TO INDEPENDENT CPA WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS A DRAFT OF THE RETURN FOR ACCURACY, AND THEN AUTHORIZES PREPARER TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS COMPLETED RETURN WITH THE DIRECTORS AT THEIR NEXT BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. MANAGEMENT MONITORS THIS ON AN ON-GOING BASIS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE PRESIDENT/CEO COMPENSATION AND USES THE SERVICES OF COMPEASE TO DETERMINE THE SALARY RANGE. THIS APPROVAL IS RECORDED IN EXECUTIVE SESSION MEETING MINUTES. FORM 990, PAGE 6, PART VI, LINE 15B PRESIDENT/CEO DETERMINES THE COMPENSATON OF THE MANAGEMENT TEAM, AND THE BOARD REVIEWS AS NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON REQUEST. FINANCIALS ARE POSTED IN THE LOBBY AT EACH BRANCH OFFICE.