Northern States Power St Paul Credit Union

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

EIN: 410448160 ✦ Maplewood, MN ✦ Designated as a 501(c)(14)

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Overview

What is Northern States Power St Paul Credit Union?

Northern States Power St Paul Credit Union is a member-focused financial institution, situated in Maplewood, Minnesota. With a strong commitment to personalized service and integrity, the credit union offers various deposit accounts to its members. In 2022, they added 82 new deposit accounts, expanding their membership base to 2,938 individuals as of December 31. Despite the limited information provided, it's clear that the credit union prioritizes member satisfaction and growth, showcasing their dedication to their community in Minnesota.


Official website here: www.mynspcu.org

Is Northern States Power St Paul Credit Union legitimate?

Northern States Power St Paul Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northern States Power St Paul 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $125,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $331,324

For more financial information, click here


Official website here: www.mynspcu.org

What is the mission statement of Northern States Power St Paul Credit Union?

The Northern States Power St Paul Credit Union is committed to earning the trust of its members through personalized service and integrity. This mission is reflected in their daily operations, as they provide various deposit account options for their members. In 2022, they opened 82 new deposit accounts, demonstrating their dedication to serving their member base. As of December 31, 2022, they had a membership of 2,938 individuals. The credit union's mission is centered around building trust and delivering quality service to its members.


Official website here: www.mynspcu.org

Who is the CEO of Northern States Power St Paul Credit Union?

Charlie Yenni is the President of Northern States Power St Paul Credit Union.


Official website here: www.mynspcu.org

What is the revenue of Northern States Power St Paul Credit Union?

Northern States Power St Paul Credit Union's revenue in 2022 was $2,006,584.


Official website here: www.mynspcu.org

Who are the executives of Northern States Power St Paul Credit Union and what are their salaries?

The average compensation at Northern States Power St Paul Credit Union during 2022 was $65,211. There are 7 employees at Northern States Power St Paul Credit Union.


Here are 9 key members and their salaries:


Charlie Yenni (President)
  • Compensation: $121,330
  • Related: $0
  • Other: $35,609
Todd Riebe (Treasurer)
  • Compensation: $1,339
  • Related: $0
  • Other: $0
Alex Autio (Director)
  • Compensation: $961
  • Related: $0
  • Other: $0
Brandon Cramer (Chair)
  • Compensation: $361
  • Related: $0
  • Other: $0
Jenny Borgerson Ries (Secretary)
  • Compensation: $301
  • Related: $0
  • Other: $0
Darren Karnes (Director)
  • Compensation: $272
  • Related: $0
  • Other: $0
Cory Brown (Vice Chair)
  • Compensation: $226
  • Related: $0
  • Other: $0
Christine Mcginnis (Director)
  • Compensation: $181
  • Related: $0
  • Other: $0
Thomas Breuckman (Director)
  • Compensation: $179
  • Related: $0
  • Other: $0


Official website here: www.mynspcu.org

Where can I find the form 990 for Northern States Power St Paul Credit Union?

Northern States Power St Paul Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mynspcu.org

Learn more at the official website: www.mynspcu.org

Mission Statement of Northern States Power St Paul Credit Union

Northern States Power St. Paul Credit Union is committed to earning the trust of its members through personalized service and integrity. This mission statement underscores the credit union's dedication to providing its members with a unique and tailored banking experience. By emphasizing the importance of trust, the credit union seeks to foster a strong relationship with its members, ensuring they feel valued and well-served.

The credit union's mission is evident in its various deposit account offerings, which cater to the diverse needs of its members. In 2022, the credit union expanded its services by opening 82 new deposit accounts, demonstrating its commitment to growth and member satisfaction. As of December 31, 2022, the credit union had a membership of 2,938 individuals, reflecting its growing influence and popularity among banking customers.

In summary, Northern States Power St. Paul Credit Union's mission revolves around building trust with its members through personalized service and maintaining integrity in its operations. By providing a wide range of deposit account options and continuously growing its membership, the credit union demonstrates its dedication to its members' financial well-being and satisfaction.

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Impact




October, 2024

Northern States Power St Paul Credit Union has made a significant impact in the Maplewood community by prioritizing trust and personalized service for its members. With a commitment to integrity, the credit union provides various types of deposit accounts, catering to the diverse financial needs of its 2,938 members. In 2022 alone, the credit union opened 82 new deposit accounts, demonstrating its growth and ability to attract new members. By offering accessible banking options and personalized attention, Northern States Power St Paul Credit Union plays a vital role in fostering a supportive financial environment for individuals and families in the area.




This information is meant to be a general summary of Northern States Power St Paul Credit Union. 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.

Revenue
$2,006,584 (2022)
Expenses
$1,770,336 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $208,860
  • Program Service Revenue: $1,791,911
  • Gross Receipts: $2,022,690

Assets and Liabilities:

  • Total Assets: $45,122,737
  • Total Liabilities: $37,868,067
  • Net Assets: $7,254,670

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Programs

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

INTEREST ON LOANS

Revenue

$1,188,811

OTHER MEMBER RELATED REVENUE

Revenue

$365,688

MEMBER FEE INCOME

Revenue

$237,237

MECH REPAIR INSUR

Revenue

$175

Organization Details

Founding Year

1933

Principal Officer

Charlie Yenni

Main Address

2303 WHITE BEAR AVE N SUITE A, MAPLEWOOD, MN, 55109

NTEE Category

Code: W60 - Public benefit

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