Public Charity

HIBBING COOPERATIVE CREDIT UNION

HIBBING COOPERATIVE CREDIT UNION, of HIBBING, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.0M in revenue, $2.3M in expenses, $106.7M in total assets.

EIN: 416029419 HIBBING, MN Latest filing: 2025
Total Revenue$5.0M
Total Expenses$2.3M
Total Assets$106.7M
Grant Records0
Filing Years2020–2025

Mission

HIBBING COOPERATIVE CREDIT UNION IS A STATE-CHARTERED COOPERATIVE ASSOCIATION ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AMONG AND CREATING A SOURCE OF CREDIT FOR ITS MEMBERS.

Officers & Directors

VICE PRESIDENT David Simonson
PRESIDENT Gary S Kangas
TREASURER John Dixon
SECRETARY Patrick Dilley
DIRECTOR Rex Lentner
CEO Waylon Vitters

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.0M $2.3M $106.7M
2024 $4.6M $2.0M $103.1M
2023 $4.0M $1.9M $105.1M
2022 $2.8M $1.8M $110.2M
2020 $2.3M $1.9M $99.7M

Between 2020 and 2025, reported annual revenue grew from $2.3M to $5.0M (+112%), with total assets most recently reported at $106.7M.

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

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