Nonprofit · EIN 41-0802271
EXPEDITION CREDIT UNION
Tax-exempt · MENDOTA HEIGHTS, MN 55120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,914,502 | $11,151,053 | -$236,551 | $220,334,535 | $199,218,876 | $21,115,659 |
| December 31, 2024 | 990 | $10,525,995 | $10,734,781 | -$208,786 | $227,611,177 | $207,607,168 | $20,004,009 |
| December 31, 2023 | 990 | $9,959,055 | $9,344,960 | $614,095 | $226,908,188 | $208,211,874 | $18,696,314 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,169,122
- Investment income
- $2,498,955
- Other revenue
- $246,425
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,994,619
- Compensation of officers, directors and key employees
- $855,547
- Other salaries and wages
- $1,818,520
- Salaries, compensation and benefits (total)
- $3,124,077
- Professional fundraising fees
- $0
- Legal fees
- $42,079
- Accounting fees
- $135,468
- Occupancy
- $624,217
- Travel
- $32,056
- Depreciation
- $332,632
Balance sheet and other
- Total assets, start of year
- $227,611,177
- Total assets, end of year
- $220,334,535
- Total liabilities, end of year
- $199,218,876
- Net assets, end of year
- $21,115,659
- Land, buildings and equipment
- $4,044,241
- Gross unrelated business income
- $3,600
- Gross receipts
- $10,914,502
- Employees
- 41
- Volunteers
- 0
- Year formed
- 1957
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHAWN LANNIER | CEO Officer | 38 | $224,456 | $34,016 |
| PAUL R DAMMANN | PRESIDENT/CEO Officer | 38 | $228,270 | $28,956 |
| BRANT PUTTKAMMER | CTO Officer | 38 | $152,791 | $24,806 |
| CALEB HENNEK | VP FINANCE Officer | 38 | $139,061 | $16,564 |
| ANGELA SEELEY | VP LENDING Highest-paid employee | 38 | $106,383 | $12,720 |
| RAMONA SPRINGIS-DOSS | CHAIRMAN Trustee or director, Officer | 1 | $1,588 | $0 |
| DWAYNE JOHNSON | BOARD MEMBER Trustee or director | 1 | $1,463 | $0 |
| JAMES SMOLA | BOARD MEMBER/VICE CHAIR Trustee or director, Officer | 1 | $1,350 | $0 |
| JORDAN FORD | BOARD MEMBER/SECRETARY Trustee or director, Officer | 1 | $1,188 | $0 |
| PHILLIP STERNER | BOARD MEMBER Trustee or director | 1 | $1,038 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL R DAMMANN | PRESIDENT/CEO Officer | 38 | $260,964 | $40,208 |
| ANDRE THIBAULT | CMO Officer | 38 | $133,697 | $99,160 |
| SHAWN LANNIER | COO Officer | 38 | $166,632 | $22,418 |
| BRANT PUTTKAMMER | VP INFORMATION TECHNOLOGY Officer | 38 | $121,668 | $57,581 |
| CALEB HENNEK | VP FINANCE Officer | 38 | $135,243 | $29,496 |
| LONG HUANG | DATA ANALYST Highest-paid employee | 38 | $108,299 | $0 |
| RAMONA SPRINGIS-DOSS | CHAIRMAN Trustee or director, Officer | 1 | $890 | $0 |
| JAMES SMOLA | BOARD MEMBER/VICE CHAIR Trustee or director, Officer | 1 | $890 | $0 |
| DWAYNE JOHNSON | BOARD MEMBER Trustee or director | 1 | $815 | $0 |
| JORDAN FORD | BOARD MEMBER/SECRETARY Trustee or director, Officer | 1 | $778 | $0 |
| KANY SECK | BOARD MEMBER Trustee or director | 1 | $659 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL R DAMMANN | PRESIDENT/CEO Officer | 38 | $220,658 | $0 |
| SHAWN LANNIER | COO Officer | 38 | $145,847 | $0 |
| ANDRE THIBAULT | CMO Officer | 38 | $125,512 | $5,000 |
| CALEB HENNEK | VP FINANCE Officer | 38 | $111,162 | $650 |
| BRANT PUTTKAMMER | VP INFORMATION TECHNOLOGY Officer | 38 | $103,136 | $3,875 |
| RAMONA SPRINGIS-DOSS | CHAIRMAN Trustee or director, Officer | 1 | $762 | $0 |
| JAMES SMOLA | BOARD MEMBER/VICE CHAIR Trustee or director, Officer | 1 | $746 | $0 |
| KANY SECK | BOARD MEMBER Trustee or director | 1 | $629 | $0 |
| JORDAN FORD | BOARD MEMBER/SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DWAYNE JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1270 NORTHLAND DR STE 350, MENDOTA HEIGHTS, MN 55120-1156
- Principal officer (990 for 2025)
- SHAWN LANNIER, 1270 NORTHLAND DRIVE SUITE 350, MENDOTA HEIGHTS, MN 55120
- Signed the 990
- SHAWN LANNIER, CEO
- Phone
- (651) 264-0669
- Website
- WWW.EXPEDITIONCU.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
EXPEDITION CREDIT UNION IS A NOT FOR PROFIT FINANCIAL COOPERATIVE OPERATING TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBER OWNERS THROUGH REAL FINANCIAL SOLUTIONS.
Program accomplishments
- TO PROVIDE AFFORDABLE CONSUMER LENDING PRODUCTS TO OUR MEMBERS. IN 2025 WE ORIGINATED 1,051 LOANS FOR A TOTAL OF $36,352,761.72.
- TO PAY FAVORABLE DIVIDENDS ON SAVINGS AND INVESTMENT PRODUCTS TO OUR MEMBERS. IN 2025 WE PAID $2,995,057.03 IN DIVIDENDS TO MEMBERS ON VARIOUS PRODUCTS.
- TO OFFER AFFORDABLE AND CONVENIENT ELECTRONIC AND CHECKING PRODUCTS TO OUR MEMBERS.
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 | 990 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
- 41-0802271
- 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)
- $220,334,535
- Income (IRS master file)
- $10,914,502
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,914,502 | $11,151,053 | $220,334,535 | XML |
| 990 | December 2024 | $10,525,995 | $10,734,781 | $227,611,177 | XML |
| 990 | December 2023 | $9,959,055 | $9,344,960 | $226,908,188 | XML |
| 990 | December 2022 | $8,556,619 | $7,737,239 | $230,599,841 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 41-0802271).
Questions about EXPEDITION CREDIT UNION
- What is the EIN of EXPEDITION CREDIT UNION?
- The employer identification number (EIN) of EXPEDITION CREDIT UNION is 41-0802271.
- Is EXPEDITION CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1944.
- Are donations to EXPEDITION CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EXPEDITION 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 EXPEDITION CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EXPEDITION CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EXPEDITION CREDIT UNION?
- The 990 for the year ended December 31, 2025 names SHAWN LANNIER.
- Who are the officers and directors of EXPEDITION CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 10 people; 10 received compensation from the organization, the highest $224,456 (SHAWN LANNIER, CEO).
- How much revenue does EXPEDITION CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,914,502, expenses of $11,151,053 and total assets of $220,334,535 at year end.
Other nonprofits in MENDOTA HEIGHTS
- ACACIA PARK CEMETERY ASSOCIATION EIN 41-0414100 · last filed 990 for 2025
- HOSPICE SUPPORT FOUNDATION EIN 26-4482327 · last filed 990 for 2025
- CIM NORTH CENTRAL REGION PATRONS GROUP EIN 85-1803999 · last filed 990 for 2026
- GLADSTONE LAKE ASSOCIATION EIN 33-4744472 · last filed 990-EZ for 2025
- EXPEDITION FOUNDATION EIN 26-1915313 · last filed 990-PF for 2025
- MINNESOTA SQUASH ASSOCIATION EIN 81-3493858 · last filed 990-N for 2025
- AMERICAN SOCIETY OF APPRAISERS EIN 52-1344602 · last filed 990-N for 2023
- STAR OF BOREAS FOUNDATION EIN 47-5091289 · last filed 990-N for 2025