Community Credit Union

Not tax-deductible

New Rockford, NDMutual-benefit / member-servingSince 1942EIN 45-0237883Revenue $5.1M in FY2025

On file with the IRS20 1st St N, 58356-2201 · New Rockford, NDTax-exempt since Jun 1973

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Credit Union Services for approximately 5000 members

100¢ of each $1 spent went to programs.
Run by 7 volunteers and 16 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $372K a year · 10% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
62 mo
of spending, in cash
Looks good: 61.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$144.4M
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
+27% vs prior year
Spent
$4.6M
To programs
100%
Net assets
$28.9M
By yearFY2020–FY2025
Revenue
$5.1M
FY2025▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.7M
FY2021$3.0M
FY2022$2.6M
FY2023$3.8M
FY2024$4.0M
FY2025$5.1M
Expenses
$4.6M
FY2025▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$2.2M
FY2022$2.1M
FY2023$3.8M
FY2024$4.7M
FY2025$4.6M
Net assets
$28.9M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$27.5M
FY2021$28.4M
FY2022$28.9M
FY2023$28.9M
FY2024$28.4M
FY2025$28.9M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $4.6M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Vice Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Secretarytreasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Barbara Messner$137,654$129,650$124,646

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides financial services and support to about 5000 members.

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Provided by the organization

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3 programs · $4.6M · in their own filed words · FY2025
01

Member Savings

$2.7Mprogram expense
02

Investments Other Program Services

$1.6Mprogram expense
03

Member Loans

$300Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Investment incomeLn 3$3.2M
Fees for servicesLn 2g$1.9M
Money outPt IX
$4.6M
Ln 25
Programscol B$4.6M
Owns and owesPt X
$28.9M
net assets · Ln 32
Cash and savingsLn 1–2$23.6M
Total assetsLn 16$173.4M
LiabilitiesLn 26$144.4M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$3.2M
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
CashLn 1$529K
SavingsLn 2$23.1M
Cash and savings togetherLn 1–2$23.6M
InvestmentsLn 11–13$103.5M
Land, buildings, equipmentLn 10c$270K
Other assetsLn 15$14.7M
Total assetsLn 16$173.4M
LiabilitiesLn 26$144.4M
Net assetsLn 32$28.9M
OperationsPt I, VI
EmployeesI 516
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$18.4M$23.6M
InvestmentsLn 11–13$114.6M$103.5M
Land, buildings, equipmentLn 10c$307K$270K
Total assetsLn 16$174.3M$173.4M
LiabilitiesLn 26$145.8M$144.4M
Net assetsLn 32$28.4M$28.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$650K$650K
Pension plan contributionsLn 8$51K$51K
Other employee benefitsLn 9$122K$122K
Payroll taxesLn 10$49K$49K
Advertising and promotionLn 12$48K$48K
Office expensesLn 13$39K$39K
Information technologyLn 14$113K$113K
OccupancyLn 16$25K$25K
TravelLn 17$10K$10K
Conferences, conventions and meetingsLn 19$7K$7K
InterestLn 20$2.7M$2.7M
Depreciation, depletion and amortizationLn 22$44K$44K
InsuranceLn 23$32K$32K
Other expenses (24a–d)Ln 24$276K$276K
All other expensesLn 24e$422K$422K
Total functional expensesLn 25$4.6M$4.6M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.1M$4.6M$522K$28.9M 990 PDF
FY2024 $4.0M$4.7M−$714K$28.4M 990 PDF
FY2023 $3.8M$3.8M$4K$28.9M 990 PDF
FY2022 $2.6M$2.1M$499K$28.9M 990 PDF
FY2021 $3.0M$2.2M$839K$28.4M 990 PDF
FY2020 $3.7M$2.7M$1.1M$27.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $5,113,011 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,020,007$1,949,319
I-10 Investment incomePrior year $2,014,083$3,163,692
I-11 Other revenue$0
I-12 Total revenuePrior year $4,034,090$5,113,011
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $717,285$872,827
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,030,764$3,718,362
I-18 Total expensesPrior year $4,748,049$4,591,189
I-19 Revenue less expensesPrior year −$713,959$521,822
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,113,011 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,949,319$1,949,319
VIII-3 Investment incomeRelated to mission $3,163,692$3,163,692
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $5,113,011 · Unrelated business $0 · Excluded from tax $0$5,113,011
Part IX · Statement of functional expenses $4,591,189 across 15 lines filed
IX-7 Other salaries and wagesPrograms $650,392$650,392
IX-8 Pension plan contributionsPrograms $51,110$51,110
IX-9 Other employee benefitsPrograms $122,400$122,400
IX-10 Payroll taxesPrograms $48,925$48,925
IX-12 Advertising and promotionPrograms $47,858$47,858
IX-13 Office expensesPrograms $39,170$39,170
IX-14 Information technologyPrograms $113,082$113,082
IX-16 OccupancyPrograms $24,787$24,787
IX-17 TravelPrograms $10,479$10,479
IX-19 Conferences, conventions and meetingsPrograms $6,989$6,989
IX-20 InterestPrograms $2,702,481$2,702,481
IX-22 Depreciation, depletion and amortizationPrograms $43,903$43,903
IX-23 InsurancePrograms $31,912$31,912
IX-24 Other expenses (24a–d)Programs $276,108$276,108
IX-24e All other expensesPrograms $421,593$421,593
IX-25 Total functional expensesPrograms $4,591,189 · Management $0 · Fundraising $0$4,591,189
Part X · Balance sheet $173,386,610 assets, 13 lines filed
Asset lines not itemized here account for $30,307,519; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $500,094$529,274
X-2 Savings and temporary cash investmentsStart of year $17,917,152$23,108,432
X-4 Accounts receivableStart of year $817,405$907,430
X-9 Prepaid expenses and deferred chargesStart of year $37,557$69,790
X-10c Land, buildings and equipment, netStart of year $306,882$269,680
X-11 Publicly traded securitiesStart of year $114,612,822$103,494,653
X-15 Other assetsStart of year $9,355,624$14,699,832
X-16 Total assetsStart of year $174,268,406$173,386,610
X-17 Accounts payable and accrued expensesStart of year $1,806,308$1,406,685
X-25 Other liabilitiesStart of year $144,036,318$143,032,323
X-26 Total liabilitiesStart of year $145,842,626$144,439,008
X-32 Total net assets or fund balancesStart of year $28,425,780$28,947,602
X-33 Total liabilities and net assetsStart of year $174,268,406$173,386,610
Part XI · Reconciliation of net assets $28,947,602 net assets at year end
XI-1 Total revenue$5,113,011
XI-2 Total expenses$4,591,189
XI-3 Revenue less expenses$521,822
XI-4 Net assets at start of year$28,425,780
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$28,947,602

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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