Overview
What is Minnesota Credit Union Network?
Minnesota Credit Union Network is a nonprofit organization situated in St. Paul, Minnesota. With a team of 19 individuals, its primary mission is to safeguard and promote the success, growth, and vitality of its 75 credit union members. This is achieved by creating a favorable public environment through leadership, political advocacy, education, awareness, and regulatory assistance. The organization actively monitors legislative developments at both the state and federal levels, looking out for potential threats to the credit union movement. By doing so, Minnesota Credit Union Network plays a crucial role in ensuring the continued thriving of credit unions in the state.
Official website here: www.mncun.org
Is Minnesota Credit Union Network legitimate?
Minnesota Credit Union Network is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Credit Union Network 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $405,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $906,702
For more financial information, click here
Official website here: www.mncun.org
What is the mission statement of Minnesota Credit Union Network?
The Minnesota Credit Union Network was established with the purpose of promoting the success, growth, and vitality of its member credit unions. This is achieved by creating a favorable public environment through leadership, political advocacy, education, awareness, and regulatory assistance. The organization plays a significant role in educating legislators at both the state and federal levels, monitoring for legislation that could potentially harm the credit union movement, which includes its 75 members.
Official website here: www.mncun.org
Who is the CEO of Minnesota Credit Union Network?
Mara Humphrey is the President of Minnesota Credit Union Network.
Official website here: www.mncun.org
What is the revenue of Minnesota Credit Union Network?
Minnesota Credit Union Network's revenue in 2022 was $3,285,374.
Official website here: www.mncun.org
Who are the executives of Minnesota Credit Union Network and what are their salaries?
The average compensation at Minnesota Credit Union Network during 2022 was $69,068. There are 19 employees and 9 volunteers at Minnesota Credit Union Network.
Here are 12 key members and their salaries:
- Compensation: $405,595
- Related: $21,347
- Other: $30,905
- Compensation: $193,976
- Related: $10,209
- Other: $33,271
- Compensation: $10,543
- Related: $200,316
- Other: $10,602
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mncun.org
Where can I find the form 990 for Minnesota Credit Union Network?
Minnesota Credit Union Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mncun.org
Learn more at the official website: www.mncun.org
Mission Statement of Minnesota Credit Union Network
Minnesota Credit Union Network, a prominent organization, was established with the mission to promote the success, growth, and vitality of its 75 member credit unions. It achieves this objective by establishing a favorable public environment through leadership, political advocacy, education, awareness, and regulatory assistance. By doing so, the network ensures that credit unions can thrive and serve their communities effectively.
To accomplish this mission, Minnesota Credit Union Network engages in various activities. One of its key initiatives involves educating legislators at both the state and federal levels. By staying informed about potential legislation that could potentially harm the credit union movement, the network can advocate on behalf of its members, thereby protecting their interests and ensuring a positive regulatory environment. This proactive approach enables credit unions to continue providing affordable financial services to their members and contributing to their local economies.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Minnesota Credit Union Network significantly impacts the success, growth, and vitality of its member credit unions. By fostering a positive public environment through leadership and political advocacy, the organization ensures that the interests of its 75 members are effectively represented. It plays a crucial role in educating legislators at both the state and federal levels, monitoring and responding to potentially harmful legislation that could affect the credit union movement.
Through its efforts in education, awareness, and regulatory assistance, Minnesota Credit Union Network enhances the operational landscape for credit unions, allowing them to better serve their communities. This comprehensive support not only strengthens individual credit unions but also promotes community improvement, ultimately contributing to the overall economic health and well-being of the region.
This information is meant to be a general summary of Minnesota Credit Union Network. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,515
- Program Service Revenue: $3,182,347
- Gross Receipts: $3,285,374
Assets and Liabilities:
- Total Assets: $4,136,357
- Total Liabilities: $746,240
- Net Assets: $3,390,117
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$3,183,368
NET FLOWTHROUGH INCOME K-1
Revenue
-$1,021
Organization Details
Founding Year
1939
Phone
(651) 288-5170Principal Officer
Mara Humphrey
Main Address
555 WABASHA ST N 200, ST PAUL, MN, 55102
Website
www.mncun.orgNTEE Category
Code: S41 - Community improvement
If you are a representative of Minnesota Credit Union Network 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.