Nonprofit · EIN 41-0226110
SHARE ADVANTAGE CREDIT UINON
Tax-exempt · DULUTH, MN 55811
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,917,204 | $2,224,857 | $692,347 | $56,395,773 | $50,110,754 | $6,285,019 |
| December 31, 2023 | 990 | $2,595,415 | $2,018,150 | $577,265 | $54,824,075 | $49,655,947 | $5,168,128 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,294,122
- Investment income
- $621,723
- Net gain from sales of assets
- $824
- Other revenue
- $1,359
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $225,170
- Compensation of officers, directors and key employees
- $240,978
- Other salaries and wages
- $640,371
- Salaries, compensation and benefits (total)
- $1,001,738
- Professional fundraising fees
- $0
- Accounting fees
- $98,954
- Occupancy
- $65,575
- Travel
- $2,577
- Depreciation
- $51,826
Balance sheet and other
- Total assets, start of year
- $54,824,075
- Total assets, end of year
- $56,395,773
- Total liabilities, end of year
- $50,110,754
- Net assets, end of year
- $6,285,019
- Land, buildings and equipment
- $819,147
- Publicly traded securities
- $5,609,797
- Gross receipts
- $3,181,986
- Employees
- 17
- Year formed
- 1926
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLEE LUECK-SCHAFER | CEO/PRESIDEN Officer | 40 | $187,418 | $49,435 |
| STEVEN M RUCE | CHAIR Trustee or director, Officer | 1 | $900 | $0 |
| KENT LARSON | DIRECTOR Trustee or director | 1 | $750 | $0 |
| MIKE MARTURANO | VICE CHAIR Trustee or director | 1 | $675 | $0 |
| MARC PETERSON | DIRECTOR Trustee or director | 1 | $675 | $0 |
| FLORANNE NYQUIST | SECRETARY Trustee or director | 1 | $600 | $0 |
| RUTH MARTIN | DIRECTOR Trustee or director | 1 | $525 | $0 |
| RICHARD ERLANDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLEE LUECK-SCHAFER | CEO/PRESIDEN Officer | 40 | $125,154 | $31,522 |
| JONI CALVERLY | CFO Officer | 40 | $14,811 | $0 |
| MARC PETERSON | DIRECTOR Trustee or director | 1 | $900 | $0 |
| STEVEN M RUCE | CHAIR Trustee or director, Officer | 1 | $825 | $0 |
| FLORANNE NYQUIST | SECRETARY Trustee or director | 1 | $675 | $0 |
| MIKE MARTURANO | VICE CHAIR Trustee or director | 1 | $600 | $0 |
| KENT LARSON | DIRECTOR Trustee or director | 1 | $525 | $0 |
| RICHARD ERLANDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUTH MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2502 MAPLE GROVE RD, DULUTH, MN 55811-1864
- Principal officer (990 for 2024)
- KELLEE LUECK-SCHAFER, 2502 MAPLE GROVE ROAD, DULUTH, MN 55811
- Signed the 990
- KELLEE LUECK-SCHAFER, CEO/PRESIDENT
- Phone
- (218) 722-5931
- Website
- WWW.MYSHAREADVANTAGE.COM
- Return prepared by
- ESTERBROOKS CPAS LTD
Mission
CREDIT UNION SECTION 501(C)(14), TO SERVE THE MEMBERS FINANCIAL NEEDS, TODAY, TOMORROW AND IN THE FUTURE.
Program accomplishments
- SERVED THE FINANCIAL NEEDS FOR THE 3,500 MEMBERS IN DULUTH, HERMANTOWN AND PROCTOR. - DIVIDENDS & INTEREST - ANNUAL MEETING
- PRINTING & PROMOTION - NEWSLETTER PUBLICATIONS - INFORMATIONAL BROCHURES
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0226110
- 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
- Group exemption
- 0708: CREDIT UNIONS IN THE STATE OF MINNESOTA
- Assets (IRS master file)
- $56,395,773
- Income (IRS master file)
- $3,181,986
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,917,204 | $2,224,857 | $56,395,773 | XML |
| 990 | December 2023 | $2,595,415 | $2,018,150 | $54,824,075 | XML |
| 990 | December 2022 | $2,225,807 | $1,761,353 | $61,488,258 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 41-0226110).
Questions about SHARE ADVANTAGE CREDIT UINON
- What is the EIN of SHARE ADVANTAGE CREDIT UINON?
- The employer identification number (EIN) of SHARE ADVANTAGE CREDIT UINON is 41-0226110.
- Is SHARE ADVANTAGE CREDIT UINON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1944.
- Are donations to SHARE ADVANTAGE CREDIT UINON tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SHARE ADVANTAGE CREDIT UINON 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 SHARE ADVANTAGE CREDIT UINON 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 SHARE ADVANTAGE CREDIT UINON 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 SHARE ADVANTAGE CREDIT UINON?
- The 990 for the year ended December 31, 2024 names KELLEE LUECK-SCHAFER.
- Who are the officers and directors of SHARE ADVANTAGE CREDIT UINON?
- The 990 for the year ended December 31, 2024 lists 8 people; 7 received compensation from the organization, the highest $187,418 (KELLEE LUECK-SCHAFER, CEO/PRESIDEN).
- How much revenue does SHARE ADVANTAGE CREDIT UINON have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,917,204, expenses of $2,224,857 and total assets of $56,395,773 at year end.
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