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Nonprofit · EIN 41-0225925

NORTHERN COMMUNITIES CREDIT UNION

Also known as Minnesota Arrowhead Public Employees Retirement Association AFSCME Minnesota Retiree Chapter 96

Tax-exempt · DULUTH, MN 55811

Financials

$6.2M$5.1M2023$7.3M$6.1M2024
Revenue Expenses · by fiscal year end
Financials of NORTHERN COMMUNITIES CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,313,509$6,102,698$1,210,811$108,506,640$96,196,907$12,309,733
December 31, 2023990$6,189,475$5,066,076$1,123,399$101,562,045$90,463,123$11,098,922
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,000
Program service revenue
$6,977,460
Investment income
$312,462
Royalties
$11,587
Net rental income
$4,000
Net gain from sales of assets
-$8,525
Other revenue
$15,587

Expenses

Grants and similar amounts paid
$6,904
Compensation of officers, directors and key employees
$641,291
Other salaries and wages
$1,128,789
Salaries, compensation and benefits (total)
$2,273,930
Professional fundraising fees
$0
Legal fees
$325
Accounting fees
$29,624
Occupancy
$191,526
Depreciation
$220,738

Balance sheet and other

Total assets, start of year
$101,562,045
Total assets, end of year
$108,506,640
Total liabilities, end of year
$96,196,907
Net assets, end of year
$12,309,733
Land, buildings and equipment
$2,416,112
Gross unrelated business income
$6,006
Gross receipts
$7,330,947
Employees
37
Year formed
1928
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TRINA HOFFPRESIDENT/CE
Officer
40$332,557$79,818
ANITTA CHANDLERCOO
Officer
40$165,039$28,198
SHANNON LUNDQUISTVP LENDING
Officer
40$137,101$26,966
DIRK DAVISVICE CHAIR
Trustee or director, Officer
0.5$2,136$66
JOHN LINDQUISTDIRECTOR
Trustee or director
0.5$1,259$66
GEORGE WALTERSDIRECTOR
Trustee or director
0.5$996$66
SHAWN HERHUSKYCHAIR
Trustee or director, Officer
0.5$484$66
KAREN ERICKSONDIRECTOR
Trustee or director
0.5$465$66
JAMES KROLLDIRECTOR
Trustee or director
0.5$409$66
RUTH HEMMINGSECRETARY
Trustee or director, Officer
0.5$328$66
CHARLES SCHUMACHERDIRECTOR
Trustee or director
0.5$283$66
ROBERT MCCUBBINDIRECTOR
Trustee or director
0.5$234$66
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
TRINA HOFFPRESIDENT/CE
Officer
40$169,311$69,621
ANITA CHANDLERVP ADMINISTR
Officer
40$99,804$15,328
SHARON LUNDQUISTVP LENDING
Officer
40$82,021$22,616
DIRK DAVISDIRECTOR
Trustee or director
0.5$1,486$66
GEORGE WALTERSDIRECTOR
Trustee or director
0.5$629$66
KAREN ERICKSONCHAIR
Trustee or director, Officer
0.5$382$66
JAMES KROLLDIRECTOR
Trustee or director
0.5$343$66
JOHN LINDQUISTDIRECTOR
Trustee or director
0.5$340$66
CHARLES SCHUMACHERDIRECTOR
Trustee or director
0.5$297$66
ROBERT MCCUBBINDIRECTOR
Trustee or director
0.5$235$66
SHAWN HERHUSKYVICE CHAIR
Trustee or director, Officer
0.5$234$66
RUTH HEMMINGSECRETARY
Trustee or director, Officer
0.5$209$66

Address and contacts

Address (IRS master file)
3311 W ARROWHEAD RD, DULUTH, MN 55811-4065
Mailing address (990-N for 2008)
827 North Robin Ave, Duluth MN 55811
Principal officer (990 for 2024)
TRINA HOFF, 3311 WEST ARROWHEAD ROAD, DULUTH, MN 55811
Principal officer (990-N for 2008)
Edward Carlson, 827 North Robin Ave, Duluth MN 55811
Signed the 990
TRINA HOFF, PRESIDENT/CEO
Phone
(218) 279-3200
Website
NCCYOU.COM
Return prepared by
BRENT WOOKEY CPA

Mission

TO PROMOTE MEMBER SUCCESS BY MEETING THEIR CHANGING FINANCIAL NEEDS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 1,372 NEW DEPOSIT ACCOUNTS IN 2024. AS OF 12/31/24 WE HAD 6,772 MEMBERS.
  • THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 1,401 NEW LOANS DURING 2024. AS OF 12/31/24 WE HAD 80,007 LOANS RECEIVABLE.
  • .

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0225925
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$108,506,640
Income (IRS master file)
$7,330,947

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,313,509$6,102,698$108,506,640XML
990December 2023$6,189,475$5,066,076$101,562,045XML
990December 2022$4,887,350$4,164,127$104,832,624IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2008
Officer: Edward Carlson
December 31, 2008≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0225925).

Questions about NORTHERN COMMUNITIES CREDIT UNION

What is the EIN of NORTHERN COMMUNITIES CREDIT UNION?
The employer identification number (EIN) of NORTHERN COMMUNITIES CREDIT UNION is 41-0225925.
Is NORTHERN COMMUNITIES CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1944.
Are donations to NORTHERN COMMUNITIES CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTHERN COMMUNITIES CREDIT UNION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTHERN COMMUNITIES CREDIT UNION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTHERN COMMUNITIES CREDIT UNION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORTHERN COMMUNITIES CREDIT UNION?
The 990 for the year ended December 31, 2024 names TRINA HOFF.
Who are the officers and directors of NORTHERN COMMUNITIES CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 12 people; 12 received compensation from the organization, the highest $332,557 (TRINA HOFF, PRESIDENT/CE).
How much revenue does NORTHERN COMMUNITIES CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,313,509, expenses of $6,102,698 and total assets of $108,506,640 at year end.

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