Mission
TO OFFER PERSONALIZED FINANCIAL SOLUTIONS EXCLUSIVELY TO 3M EMPLOYEES, MCLEOD COUNTY, NOVATION CREDIT UNION FOUNDATION DONORS AND THEIR FAMILIES.
Public Charity
NOVATION CREDIT UNION
NOVATION CREDIT UNION is a Public Charity headquartered in OAKDALE, MN. Financial data from the 2024 filing: $13.5M revenue, $10.9M expenses, $232.5M total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $21K.
EIN: 410800081
OAKDALE, MN
Latest filing: 2024
Total Revenue$13.5M
Total Expenses$10.9M
Total Assets$232.5M
Grants Given1
Grant Total$21K
Filing Years2019–2024
Sample Grants Given
DONATION
$20,878
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
DIRECTOR
Dan Carlson
DIRECTOR
Daryl Thoennes
CHAIR
Dawn Mcginley
DIRECTOR
John Schwalbach
DIRECTOR
Joseph Paul
FORMER CEO (12/31/23)
Kristi Mukomela
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $13.5M | $10.9M | $232.5M |
| 2023 | $11.3M | $9.8M | $227.1M |
| 2022 | $9.3M | $7.3M | $224.7M |
| 2020 | $8.3M | $6.9M | $193.0M |
| 2019 | $8.0M | $7.1M | $162.5M |
Between 2019 and 2024, reported annual revenue grew from $8.0M to $13.5M (+68%), with total assets most recently reported at $232.5M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN.
MN
Full geographic grant map with state-by-state breakdown available with membership.