Sharepoint Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 416024250 ✦ Bloomington, MN ✦ Designated as a 501(c)(14)

Overview

What is Sharepoint Credit Union?

Sharepoint Credit Union, located in Bloomington, Minnesota, is a member-driven financial institution with approximately 21,000 members and around 33,000 deposit accounts. Their mission is to build long-lasting financial relationships by providing competitive loan and deposit products to their members. With a team of 73 employees, they offer these services to create a solid financial foundation for their community. Sharepoint Credit Union pays dividends and interest to its members, fostering a cooperative environment that emphasizes financial growth and stability.


Official website here: www.sharepointcu.com

Is Sharepoint Credit Union legitimate?

Sharepoint Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sharepoint Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $575,361
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,886,512

For more financial information, click here


Official website here: www.sharepointcu.com

What is the mission statement of Sharepoint Credit Union?

Sharepoint Credit Union aims to build long-term financial relationships with its membership by providing competitive loan and deposit products. Through these offerings, the credit union strives to enhance the financial wellbeing of its members. Approximately 21,000 members hold around 33,000 deposit accounts with the credit union, from which dividends and interest are paid. The credit union's mission is centered on creating value for its members and fostering financial stability.


Official website here: www.sharepointcu.com

Who is the CEO of Sharepoint Credit Union?

Phillip Kopischke is the Ceo of Sharepoint Credit Union. The CEO's salary of Sharepoint Credit Union is $343,451 and their total compensation is $360,063.


Official website here: www.sharepointcu.com

What is the revenue of Sharepoint Credit Union?

Sharepoint Credit Union's revenue in 2022 was $12,280,437.


Official website here: www.sharepointcu.com

Who are the executives of Sharepoint Credit Union and what are their salaries?

The average compensation at Sharepoint Credit Union during 2022 was $47,423. There are 73 employees and 12 volunteers at Sharepoint Credit Union.

Here are 14 key members and their salaries (Sharepoint Credit Union's CEO's salary is $343,451 and their total compensation is $360,063):

    Phillip Kopischke (Ceo)
  • Compensation: $343,451
  • Related: $0
  • Other: $16,612

    • Julie Tanner (Cfo)
  • Compensation: $185,755
  • Related: $0
  • Other: $9,990

    • Kerri Hiniker (Vice President Of Lending)
  • Compensation: $157,674
  • Related: $0
  • Other: $5,459

    • Paul Vork (Vice President Of Finance/Controller)
  • Compensation: $127,008
  • Related: $0
  • Other: $4,632

    • Megan Hammack (Vice President Of Operations)
  • Compensation: $113,107
  • Related: $0
  • Other: $4,114

    • Kerri Cowden (Vice President Of Member Services)
  • Compensation: $105,931
  • Related: $0
  • Other: $10,892

    • Todd Corbo (Director)
  • Compensation: $3,375
  • Related: $0
  • Other: $0

    • Joseph Schmidt (Chair) [Trustee/Director]
  • Compensation: $3,240
  • Related: $0
  • Other: $0

    • Gary Hawley (Director)
  • Compensation: $3,015
  • Related: $0
  • Other: $0

    • Alan Pederson (Director)
  • Compensation: $2,835
  • Related: $0
  • Other: $0

    • Joseph Budnick (Director)
  • Compensation: $2,385
  • Related: $0
  • Other: $0

    • Scott Weicht (Secretary) [Trustee/Director]
  • Compensation: $2,340
  • Related: $0
  • Other: $0

    • Nicholas Nelson (Vice Chair) [Trustee/Director]
  • Compensation: $1,710
  • Related: $0
  • Other: $0

    • Jean Gallo (Director)
  • Compensation: $653
  • Related: $0
  • Other: $0


  • Official website here: www.sharepointcu.com

    Where can I find the form 990 for Sharepoint Credit Union?

    The Sharepoint Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sharepointcu.com

    Learn more at the official website: www.sharepointcu.com

    Mission Statement of Sharepoint Credit Union

    Sharepoint Credit Union, a financial institution dedicated to its membership, is committed to providing competitive loan and deposit products. This mission aims to foster long-lasting financial relationships with its members. The credit union's approach to finance is not just about transactions, but about building a connection with each individual. Approximately 21,000 members hold approximately 33,000 deposit accounts, all of which receive dividends and interest. This not only signifies the trust members have in Sharepoint Credit Union but also the credit union's dedication to returning value to its community. By offering attractive financial services, Sharepoint Credit Union establishes a foundation for strong, enduring relationships.

    Impact

    This information is meant to be a general summary of Sharepoint Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sharepoint Credit Union has a significant impact on the community by offering competitive loan and deposit products to its members, fostering lifelong financial relationships. With approximately 33,000 deposit accounts held by around 21,000 members, Sharepoint Credit Union provides dividends and interest to its members in Bloomington, MN. This financial institution plays a crucial role in supporting the financial well-being of its members while contributing to the local economy.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,212,075
  • Program Service Revenue: $10,555,359
  • Gross Receipts: $23,286,281

    • Assets and Liabilities:
  • Total Assets: $301,847,675
  • Total Liabilities: $277,243,214
  • Net Assets: $24,604,461
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $7,877,873

    FEE INCOME

    Revenue

    $2,677,486

    Organization Details

    Founding Year

    1933

    Principal Officer

    Phillip Kopischke

    Main Address

    5300 HYLAND GREENS DRIVE, BLOOMINGTON, MN, 55437

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Sharepoint Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.