Nonprofit · EIN 45-0260598
NORTH STAR COMMUNITY CREDIT UNION
Tax-exempt · MADDOCK, ND 58348
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $29,836,143 | $28,015,671 | $1,820,472 | $459,255,400 | $405,411,792 | $53,843,608 |
| December 31, 2023 | 990 | $24,575,620 | $22,720,859 | $1,854,761 | $488,015,644 | $438,280,044 | $49,735,600 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $23,405,453
- Investment income
- $2,139,746
- Other revenue
- $4,290,944
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,128,246
- Other salaries and wages
- $6,089,200
- Salaries, compensation and benefits (total)
- $9,169,208
- Professional fundraising fees
- $0
- Legal fees
- $87,562
- Occupancy
- $355,354
- Travel
- $164,259
- Depreciation
- $691,633
Balance sheet and other
- Total assets, start of year
- $488,015,644
- Total assets, end of year
- $459,255,400
- Total liabilities, end of year
- $405,411,792
- Net assets, end of year
- $53,843,608
- Land, buildings and equipment
- $14,122,604
- Gross unrelated business income
- $105,000
- Gross receipts
- $29,836,143
- Employees
- 134
- Volunteers
- 0
- Year formed
- 1940
- State of legal domicile
- ND
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 |
|---|---|---|---|---|
| BOB HERRINGTON | CEO/PRESIDENT Officer | 40 | $505,574 | $49,954 |
| DEAN AANDERUD | CLO Key employee | 40 | $183,030 | $29,351 |
| STEVE NANNICELLI | CHIEF EXPERIENCE OFFICER Highest-paid employee | 40 | $174,168 | $19,107 |
| JOANN BERGRUD | COO Key employee | 40 | $162,512 | $21,572 |
| YVONNE FOSSEN | VP OF OPERATIONS Highest-paid employee | 40 | $153,914 | $27,168 |
| ALEX KALLIOKOSKI | CFO Officer | 40 | $157,125 | $19,128 |
| CHAD PETERSON | VP OF RETAIL SERVICES Highest-paid employee | 40 | $135,549 | $23,079 |
| SHANE MAHLUM | VP OF MEMBER BUSINESS LENDING Highest-paid employee | 40 | $138,817 | $18,853 |
| RONELLE MEHLHOFF | VP OF TALENT AND ORGANIZATIONAL DEVELOPMENT Highest-paid employee | 40 | $135,800 | $19,723 |
| KEVIN GIGSTAD | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL BLACK | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH KLEBE | BOARD VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FOSTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHUCK EMERY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BARBARA WELK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMMY MEYER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BOB HERRINGTON | CEO/PRESIDENT Officer | 40 | $474,817 | $40,616 |
| DEAN AANDERUD | CLO Highest-paid employee | 40 | $179,256 | $23,033 |
| STEVE NANNICELLI | CHIEF EXPERIENCE OFFICER Highest-paid employee | 40 | $171,757 | $22,695 |
| JOANN BERGRUD | COO Highest-paid employee | 40 | $146,661 | $16,540 |
| ALEX KALLIOKOSKI | CFO Officer | 40 | $144,442 | $16,353 |
| YVONNE FOSSEN | HR MANAGER Highest-paid employee | 40 | $136,724 | $21,118 |
| CHAD PETERSON | VP OF REGIONAL EXPERIENCE Highest-paid employee | 40 | $132,363 | $20,922 |
| KEVIN GIGSTAD | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL BLACK | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH KLEBE | BOARD VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FOSTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHUCK EMERY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN RILEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TAMMY MEYER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 10, MADDOCK, ND 58348-0010
- Principal officer (990 for 2024)
- BOB HERRINGTON, PO BOX 10, MADDOCK, ND 58348
- Signed the 990
- ALEX KALLIOKOSKI, CFO
- Phone
- (701) 438-2222
- Website
- WWW.NORTHSTARCCU.COM
- Return prepared by
- BRADY MARTZ & ASSOCIATES PC
Mission
NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.
Program accomplishments
- NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.
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
- 45-0260598
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $459,255,400
- Income (IRS master file)
- $29,836,143
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $29,836,143 | $28,015,671 | $459,255,400 | XML |
| 990 | December 2023 | $24,575,620 | $22,720,859 | $488,015,644 | XML |
| 990 | December 2022 | $18,211,835 | $15,110,783 | $440,710,368 | 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 45-0260598).
Questions about NORTH STAR COMMUNITY CREDIT UNION
- What is the EIN of NORTH STAR COMMUNITY CREDIT UNION?
- The employer identification number (EIN) of NORTH STAR COMMUNITY CREDIT UNION is 45-0260598.
- Is NORTH STAR COMMUNITY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1942.
- Are donations to NORTH STAR COMMUNITY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH STAR 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 NORTH STAR 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 NORTH STAR 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 NORTH STAR COMMUNITY CREDIT UNION?
- The 990 for the year ended December 31, 2024 names BOB HERRINGTON.
- Who are the officers and directors of NORTH STAR COMMUNITY CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 16 people; 9 received compensation from the organization, the highest $505,574 (BOB HERRINGTON, CEO/PRESIDENT).
- How much revenue does NORTH STAR COMMUNITY CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $29,836,143, expenses of $28,015,671 and total assets of $459,255,400 at year end.
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