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Nonprofit · EIN 41-0856202

MOWER COUNTY EMPLOYEES CREDIT UNION

Tax-exempt · AUSTIN, MN 55912

Financials

$617K$550K2023$712K$682K2024$813K$784K2025
Revenue Expenses · by fiscal year end
Financials of MOWER COUNTY EMPLOYEES CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$813,325$783,546$29,779$13,415,686$13,415,686$0
December 31, 2024990$712,031$681,978$30,053$12,054,844$12,054,844$0
December 31, 2023990$617,314$549,832$67,482$11,885,178$11,885,178$0
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$801,366
Investment income
$11,959
Net gain from sales of assets
-$3,604
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$85,000
Other salaries and wages
$77,360
Salaries, compensation and benefits (total)
$187,577
Professional fundraising fees
$0
Occupancy
$34,144
Travel
$1,320
Depreciation
$8,240

Balance sheet and other

Total assets, start of year
$12,054,844
Total assets, end of year
$13,415,686
Total liabilities, end of year
$13,415,686
Net assets, end of year
$0
Land, buildings and equipment
$223,542
Gross receipts
$816,929
Employees
7
Volunteers
11
Year formed
1961
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.

NameTitleHours / weekCompensation
STEPHANIE RILESPresidentCEO
Highest-paid employee
40$85,000
DUANE FELTBoard President
Trustee or director, Officer
0$0
MARK MAYBoard Vice President
Trustee or director, Officer
0$0
CHRIS EASTVOLDBoard Secretary
Trustee or director, Officer
0$0
DUANE STANLEYBoard Member
Trustee or director
0$0
JANE BAUBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
STEPHANIE RILESPresidentCEO
Highest-paid employee
40$70,934
DUANE FELTBoard President
Trustee or director, Officer
0$0
MARK MAYBoard Vice President
Trustee or director, Officer
0$0
CHRIS EASTVOLDBoard Secretary
Trustee or director, Officer
0$0
DUANE STANLEYBoard Member
Trustee or director
0$0
THOMAS DUNLAPBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
STEPHANIE RILESPresidentCEO
Highest-paid employee
40$60,320
DUANE FELTBoard President
Trustee or director, Officer
–$0
MARK MAYBoard Vice President
Trustee or director, Officer
–$0
CHRIS EASTVOLDBoard Secretary
Trustee or director, Officer
–$0
DUANE STANLEYBoard Member
Trustee or director
–$0
THOMAS DUNLAPBoard Member
Trustee or director
–$0

Address and contacts

Address (IRS master file)
900 18TH AVE NW, AUSTIN, MN 55912-1852
In care of
% STEPHANIE RILES
Principal officer (990 for 2025)
Mower County Employees Credit Union, 900 18th Ave NW, Austin, MN 55912
Signed the 990
STEPHANIE RILES, PresidentCEO
Phone
(507) 437-6360

Mission

Provides deposit and loan services to members encouraging thrift and self reliance among the membership. Creates a source of credit at fair & reasonable rates of interest to improve social conditions.

990 for the year ended December 31, 2025

Program accomplishments

  • Provided 1,617 loans totalling $7,416,441 funded loans for a year-end asset total of $13,790,006
    Expenses $128,164 · revenue $769,497
  • Provided deposit/share services totalling the following: $3,201,037 Regular Shares; $948,326 Draft/Checking, $4,505 Clubs $76,039 WINcentive Savings, $100 IRA Retirement Shares and $3,983,615 Share Certificates & $3,133,000 Nonmember Share Certificate
    Expenses $276,917 · revenue $26,773

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0856202
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)
$13,415,686
Income (IRS master file)
$816,929

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$813,325$783,546$13,415,686XML
990December 2024$712,031$681,978$12,054,844XML
990December 2023$617,314$549,832$11,885,178XML
990December 2022$574,840$487,252$12,541,214IRS
990December 2021–––IRS
990December 2020–––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 41-0856202).

Questions about MOWER COUNTY EMPLOYEES CREDIT UNION

What is the EIN of MOWER COUNTY EMPLOYEES CREDIT UNION?
The employer identification number (EIN) of MOWER COUNTY EMPLOYEES CREDIT UNION is 41-0856202.
Is MOWER COUNTY EMPLOYEES CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1944.
Are donations to MOWER COUNTY EMPLOYEES CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MOWER COUNTY EMPLOYEES 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 MOWER COUNTY EMPLOYEES 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 MOWER COUNTY EMPLOYEES 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 MOWER COUNTY EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2025 names Mower County Employees Credit Union.
Who are the officers and directors of MOWER COUNTY EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $85,000 (STEPHANIE RILES, PresidentCEO).
How much revenue does MOWER COUNTY EMPLOYEES CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $813,325, expenses of $783,546 and total assets of $13,415,686 at year end.

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