North Star Community Credit Union

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

EIN: 450260598 ✦ Maddock, ND ✦ Designated as a 501(c)(14)

Overview

What is North Star Community Credit Union?

North Star Community Credit Union is a non-profit organization based in Maddock, North Dakota. With a team of 139 dedicated employees, they provide financial services to a specific membership field. Their mission centers around offering financial assistance and resources to their community.


Official website here: www.northstarccu.com

Is North Star Community Credit Union legitimate?

North Star Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. North Star Community 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: $1,344,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,519,821

For more financial information, click here


Official website here: www.northstarccu.com

What is the mission statement of North Star Community Credit Union?

North Star Community Credit Union is a non-profit organization dedicated to offering financial services to a specific membership base. The mission of this credit union revolves around providing financial assistance and resources to its members. Through its non-profit status and commitment to its community, North Star Community Credit Union aims to make a positive impact on the financial well-being of its members. By offering various financial services, the credit union empowers its membership to manage their money effectively and improve their financial health. In essence, North Star Community Credit Union serves as a trusted financial partner, striving to improve the financial situations of its members and contribute to their overall financial success.


Official website here: www.northstarccu.com

Who is the CEO of North Star Community Credit Union?

Bob Herrington is the Ceo/President of North Star Community Credit Union. The CEO's salary of North Star Community Credit Union is $473,010 and their total compensation is $508,219.


Official website here: www.northstarccu.com

What is the revenue of North Star Community Credit Union?

North Star Community Credit Union's revenue in 2022 was $18,211,835.


Official website here: www.northstarccu.com

Who are the executives of North Star Community Credit Union and what are their salaries?

The average compensation at North Star Community Credit Union during 2022 was $42,192. There are 139 employees at North Star Community Credit Union.

Here are 14 key members and their salaries (North Star Community Credit Union's CEO's salary is $473,010 and their total compensation is $508,219):

    Bob Herrington (Ceo/President)
  • Compensation: $473,010
  • Related: $0
  • Other: $35,209

    • Dean Aanderud (Clo)
  • Compensation: $146,145
  • Related: $0
  • Other: $17,317

    • Steve Nannicelli (Chief Experience Officer)
  • Compensation: $142,363
  • Related: $0
  • Other: $17,027

    • Joann Bergrud (Coo)
  • Compensation: $125,189
  • Related: $0
  • Other: $13,813

    • Yvonne Fossen (Hr Manager)
  • Compensation: $111,615
  • Related: $0
  • Other: $15,909

    • Chad Peterson (Vp Of Regional Experience)
  • Compensation: $112,016
  • Related: $0
  • Other: $15,387

    • Alex Kalliokoski (Cfo)
  • Compensation: $107,384
  • Related: $0
  • Other: $12,525

    • Kevin Gigstad (Board Secretary, Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Black (Board Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Klebe (Board Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Foster (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Emery (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Riley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Meyer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.northstarccu.com

    Where can I find the form 990 for North Star Community Credit Union?

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


    Official website here: www.northstarccu.com

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

    Mission Statement of North Star Community Credit Union

    North Star Community Credit Union, a non-profit organization, is dedicated to providing financial services to its membership. This mission-driven institution goes beyond offering typical financial products and services; it aims to make a positive impact on the lives of its members.

    By offering financial services to a specific field of membership, North Star Community Credit Union sets itself apart. It's more than just a financial institution; it's a community that fosters financial well-being and empowers its members to take control of their financial future. With a strong commitment to its members, North Star Community Credit Union is a beacon of financial security and stability.

    The non-profit structure of North Star Community Credit Union allows it to focus on the unique needs of its members without being driven by the profit motive. It creates an environment of trust, collaboration, and mutual support, where members come first. By providing accessible and affordable financial services, North Star Community Credit Union enables its members to build a solid financial foundation and achieve their financial goals.

    In summary, North Star Community Credit Union is a non-profit organization that offers financial services to its membership with a mission to make a difference in the lives of its members. By prioritizing the needs of its community, it fosters financial well-being and empowers individuals to take control of their financial future.

    Impact

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




    Thursday, August 15, 2024

    North Star Community Credit Union has made a significant impact by providing essential financial services to its field of membership in Maddock, ND. Through its operations, North Star has helped individuals and families in the community access affordable banking solutions, build financial stability, and achieve their financial goals. This has contributed to economic growth, empowerment, and improved quality of life for the members it serves. By fulfilling its mission of providing public benefit through financial services, North Star Community Credit Union plays a vital role in supporting the financial well-being of its community.





    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: $1,311,147
  • Program Service Revenue: $14,481,633
  • Gross Receipts: $18,211,835

    • Assets and Liabilities:
  • Total Assets: $440,710,368
  • Total Liabilities: $394,234,311
  • Net Assets: $46,476,057
  • Programs

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

    INCOME FROM LOANS

    Revenue

    $14,481,633

    Organization Details

    Founding Year

    1940

    Principal Officer

    Bob Herrington

    Main Address

    PO BOX 10, MADDOCK, ND, 58348

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of North Star Community 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.