Public Charity

SMW FINANCIAL CREDIT UNION

SMW FINANCIAL CREDIT UNION is a nonprofit organization categorized as Public Charity based in LINO LAKES, MN. Its most recent IRS filing (2025) reports revenue of $4.7M, expenses of $4.2M, total assets of $90.8M.

EIN: 410840716 LINO LAKES, MN Latest filing: 2025
Total Revenue$4.7M
Total Expenses$4.2M
Total Assets$90.8M
Grant Records0
Filing Years2020–2025

Mission

SMW FINANCIAL CREDIT UNION'S MISSION IS TO BUILD TRUSTED RELATIONSHIPS AND STRONG FINANCIAL FUTURES FOR OUR MEMBERS. MEMBERSHIP IS OPEN TO ANYONE WHO LIVES, WORKS, WORSHIPS, GOES TO SCHOOL OR VOLUNTEERS IN ANOKA, HENNEPIN, RAMSEY OR WASHINGTON COUNTIES OF MINNESOTA.

Where $100 goes at Smw Financial Credit Union

How Smw Financial 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

$50
Provided low cost financial services to 4,609 members
50% of program spending · Reported in the filing: 4,609 members
$50
Served members interests by accepting deposits, granting loans, and investing excess funds in a prudent manner
50% 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

CONTROLLER Chris Stueven
VP IT Dan Piilola
PRESIDENT/CEO Erin Mcnamara
DIRECTOR James Wright
DIRECTOR Jay R Strub
DIRECTOR Michael G Trudeau

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.7M $4.2M $90.8M
2024 $4.6M $4.4M $90.5M
2023 $4.3M $3.8M $88.2M
2022 $3.9M $3.5M $90.6M
2020 $3.6M $3.6M $88.6M

Between 2020 and 2025, reported annual revenue grew from $3.6M to $4.7M (+29%), with total assets most recently reported at $90.8M.

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

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