Public Charity

MINNCO CREDIT UNION

MINNCO CREDIT UNION is a Public Charity headquartered in Cambridge, MN. Financial data from the 2025 filing: $32.3M revenue, $28.8M expenses, $601.8M total assets.

EIN: 410174775 Cambridge, MN Latest filing: 2025
Total Revenue$32.3M
Total Expenses$28.8M
Total Assets$601.8M
Grant Records0
Filing Years2021–2025

Mission

state chartered credit union - nurturing relationships . . . exceeding expectations

Where $100 goes at Minnco Credit Union

How Minnco Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$62 Programs the work itself
$38 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $62 for programs

$21
Organization granted 57,554 loans to credit seeking members
34% of program spending · Reported in the filing: 57,554 loans
$21
Organization provided account-level services in exchange for fees
33% of program spending
$20
Organization collected premiums from members for credit protection and earned revenue based on member credit card activity
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SVP Member Experience Anita Quaglia
Board Member Dave Maurer
President Doug Hallstrom
Chairperson Jerry Schleicher
EVP Administration and General Counsel John Wendland
SVP Operations Kirstin Bruss

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $32.3M $28.8M $601.8M
2024 $27.0M $24.1M $523.4M
2023 $22.0M $19.0M $518.0M
2022 $18.2M $13.4M $505.7M
2021 $17.3M $12.1M $474.9M

Between 2021 and 2025, reported annual revenue grew from $17.3M to $32.3M (+87%), with total assets most recently reported at $601.8M.

Interactive year-over-year charts and full filing details available with membership.

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