Skip to main content

Nonprofit · EIN 41-6030714

GREATER COMMUNITY CREDIT UNION

Tax-exempt · DAWSON, MN 56232

Financials

$12.6M$7.6M2023$14.8M$10M2024
Revenue Expenses · by fiscal year end
Financials of GREATER COMMUNITY CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$14,799,692$9,982,975$4,816,717$282,980,567$228,593,429$54,387,138
December 31, 2023990$12,614,357$7,568,420$5,045,937$261,726,020$212,155,599$49,570,421
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,426,472
Investment income
$4,354,990
Royalties
$14,765
Other revenue
$18,230

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$6,038,750
Compensation of officers, directors and key employees
$216,970
Other salaries and wages
$1,385,457
Salaries, compensation and benefits (total)
$2,075,409
Professional fundraising fees
$0
Legal fees
$34,433
Accounting fees
$884,998
Occupancy
$65,913
Travel
$11,489
Depreciation
$114,627

Balance sheet and other

Total assets, start of year
$261,726,020
Total assets, end of year
$282,980,567
Total liabilities, end of year
$228,593,429
Net assets, end of year
$54,387,138
Land, buildings and equipment
$645,479
Gross unrelated business income
$3,465
Gross receipts
$14,803,892
Employees
30
Volunteers
13
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOHN NEVINSMANAGER
Officer
40$175,156$41,814
BETTY ADELMANSECRETARY
Trustee or director, Officer
1$990$0
JEFF MCKEEVERTREASURER
Trustee or director, Officer
1$960$0
TERRY ANDERSONDIRECTOR
Trustee or director
1$920$0
JERRY NUSSDIRECTOR
Trustee or director
1$920$0
DAVID ZASKECHAIRMAN
Trustee or director, Officer
1$820$0
RANDY FJERKENSTADV. CHAIRMAN
Trustee or director, Officer
1$620$0
DAVID DOVEDIRECTOR
Trustee or director
1$0$0
SHANE FITZNERDIRECTOR
Trustee or director
1$0$0
ANN JENSONDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
JOHN NEVINSMANAGER
Officer
40$166,860$39,126
BETTY ADELMANSECRETARY
Trustee or director, Officer
1$0$0
TERRY ANDERSONDIRECTOR
Trustee or director
1$0$0
DAVID DOVEDIRECTOR
Trustee or director
1$0$0
SHANE FITZNERDIRECTOR
Trustee or director
1$0$0
RANDY FJERKENSTADV. CHAIRMAN
Trustee or director, Officer
1$0$0
ANN JENSONDIRECTOR
Trustee or director
1$0$0
JEFF MCKEEVERTREASURER
Trustee or director, Officer
1$0$0
JERRY NUSSDIRECTOR
Trustee or director
1$0$0
DAVID ZASKECHAIRMAN
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 1002, DAWSON, MN 56232-1002
Principal officer (990 for 2024)
JOHN NEVINS, PO BOX 1002 711 6TH ST, DAWSON, MN 56232
Signed the 990
JOHN NEVINS, MANAGER
Phone
(320) 769-2908
Return prepared by
DANA F COLE & COMPANY LLP

Mission

OUR MISSION IS TO BE A LEADER IN THE COMMUNITY, WHILE BEING THE PRIMARY FINANCIAL INSTITUTION OF OUR MEMBERS. GREATER COMMUNITY CREDIT UNION OFFERS OUR MEMBERSHIP HIGH QUALITY, LOW COST SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • DIVIDENDS & INTEREST PAID ON MEMBERS ACCOUNTS.
  • ANNUAL MEETING OF THE CREDIT UNION AT WHICH THE OFFICERS REPORT TO THE MEMBERSHIP OF THE OPERATION OF THE CREDIT UNION. BOARD MEMBERS ARE ALSO ELECTED AT THIS MEETING.

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
41-6030714
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)
$282,980,567
Income (IRS master file)
$14,803,892

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$14,799,692$9,982,975$282,980,567IRS
990December 2023$12,614,357$7,568,420$261,726,020XML
990December 2022$8,742,446$4,972,755$274,484,822IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 41-6030714).

Questions about GREATER COMMUNITY CREDIT UNION

What is the EIN of GREATER COMMUNITY CREDIT UNION?
The employer identification number (EIN) of GREATER COMMUNITY CREDIT UNION is 41-6030714.
Is GREATER COMMUNITY CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1944.
Are donations to GREATER COMMUNITY CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREATER COMMUNITY 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 GREATER COMMUNITY 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 GREATER COMMUNITY 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 GREATER COMMUNITY CREDIT UNION?
The 990 for the year ended December 31, 2024 names JOHN NEVINS.
Who are the officers and directors of GREATER COMMUNITY CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 10 people; 7 received compensation from the organization, the highest $175,156 (JOHN NEVINS, MANAGER).
How much revenue does GREATER COMMUNITY CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $14,799,692, expenses of $9,982,975 and total assets of $282,980,567 at year end.

Other nonprofits in DAWSON

All nonprofits in DAWSON · Minnesota