Mission
We show up. We listen to your story. We provide possibilities. As a not-for-profit financial cooperative we aim to create a financial oasis where everyone has access to the opportunities they deserve.
Public Charity
FIRST ALLIANCE CREDIT UNION
FIRST ALLIANCE CREDIT UNION is a nonprofit organization categorized as Public Charity based in ROCHESTER, MN. Its most recent IRS filing (2024) reports revenue of $21.3M, expenses of $19.1M, total assets of $270.3M.
EIN: 410429399
ROCHESTER, MN
Latest filing: 2024
Total Revenue$21.3M
Total Expenses$19.1M
Total Assets$270.3M
Grant Records0
Filing Years2020–2024
Where $100 goes at First Alliance Credit Union
How First Alliance Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$34
Pay interest and dividends on amounts deposited by members
$33
Provide checking and cash handling services to members
$33
Provide residential mortgage home improvement commercial and other miscellaneous loans to members
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Vice Chair
Alan Michael Debolt
Chief Revenue Officer
Andrea Allen
President - CEO
Brent Rempe
Controller
Christine Jensen
Board Chair
Jane Drennan
AVP of Marketing
Jenna Taubel
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $21.3M | $19.1M | $270.3M |
| 2023 | $20.7M | $18.1M | $282.6M |
| 2022 | $16.5M | $14.8M | $288.1M |
| 2021 | $15.9M | $14.3M | $266.9M |
| 2020 | $15.0M | $13.6M | $236.7M |
Between 2020 and 2024, reported annual revenue grew from $15.0M to $21.3M (+42%), with total assets most recently reported at $270.3M.
Interactive year-over-year charts and full filing details available with membership.