Northridge Community Credit Union

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

EIN: 410849130 ✦ Hoyt lakes, MN ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Northridge Community Credit Union?

Northridge Community Credit Union is a nonprofit financial institution situated in Hoyt Lakes, Minnesota. With a strong commitment to supporting its community, the credit union offers various deposit accounts to its members. In 2022, they opened 4,499 new accounts and had a total of 6,796 members as of December 31st. Their mission lies in encouraging community members to understand their unique financial situations and providing them with the necessary tools to achieve their aspirations. As of the provided information, the credit union employs 36 individuals.


Official website here: www.nrccu.org

Is Northridge Community Credit Union legitimate?

Northridge Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northridge 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $397,693
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,054,188

For more financial information, click here


Official website here: www.nrccu.org

What is the mission statement of Northridge Community Credit Union?

The Northridge Community Credit Union's mission is centered around supporting the people in their communities. They strive to encourage their members' learning and understanding of their unique financial situations, providing them with the necessary tools to achieve their dreams. The credit union's activities are geared towards this purpose, aiming to empower its members financially. It offers various deposit accounts and opened 4,499 new accounts in 2022, with a total membership of 6,796 as of December 31, 2022.


Official website here: www.nrccu.org

Who is the CEO of Northridge Community Credit Union?

Nicholas Mathiowetz is the Pres/Ceo & S of Northridge Community Credit Union. The CEO's salary of Northridge Community Credit Union is $137,831 and their total compensation is $149,436.


Official website here: www.nrccu.org

What is the revenue of Northridge Community Credit Union?

Northridge Community Credit Union's revenue in 2022 was $6,267,768.


Official website here: www.nrccu.org

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

The average compensation at Northridge Community Credit Union during 2022 was $40,330. There are 36 employees and 6 volunteers at Northridge Community Credit Union.


Here are 8 key members and their salaries (Northridge Community Credit Union's CEO's salary is $137,831 and their total compensation is $149,436):


Nicholas Mathiowetz (Pres/Ceo & S)
  • Compensation: $137,831
  • Related: $0
  • Other: $11,605
Winifred Koivisto (Vp Accountin)
  • Compensation: $100,846
  • Related: $0
  • Other: $3,968
Elizabeth Kallevig (Vp Operation)
  • Compensation: $95,535
  • Related: $0
  • Other: $3,607
Mildred Wells-Boyer (Vp Lending)
  • Compensation: $63,481
  • Related: $0
  • Other: $2,471
Susan Sowers (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassandra Hainey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancee Ronne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Fleetwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nrccu.org

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

Northridge Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nrccu.org

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

Mission Statement of Northridge Community Credit Union

Northridge Community Credit Union is committed to supporting the people in the communities it serves. Its mission is to encourage the learning and understanding of unique financial situations among its members, and to provide them with the necessary tools to achieve their dreams. The credit union aims to be a source of assistance, helping its members navigate their financial journeys and reach their aspirations. It offers various deposit accounts to cater to the diverse financial needs of its members, and in 2022, it opened 4,499 new deposit accounts. As of December 31, 2022, the credit union had a membership of 6,796 individuals.

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

Northridge Community Credit Union plays a vital role in its community by empowering residents with financial literacy and resources. By encouraging individuals to understand their unique financial situations, the credit union provides essential tools that help members achieve their financial goals and dreams.

In 2022, Northridge Community Credit Union demonstrated its commitment to community support by opening 4,499 new deposit accounts, reflecting its active engagement in fostering financial health among its 6,796 members as of December 31, 2022. With various types of deposit accounts available, the credit union ensures that its members have access to tailored financial services that meet their needs.

Based in Hoyt Lakes, MN, Northridge Community Credit Union not only contributes to the local economy but also nurtures a culture of learning and financial empowerment, promoting a better understanding of personal finance among its members.




This information is meant to be a general summary of Northridge Community 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
$6,267,768 (2022)
Expenses
$4,825,795 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $137,560
  • Program Service Revenue: $6,110,428
  • Gross Receipts: $6,350,611

Assets and Liabilities:

  • Total Assets: $97,082,999
  • Total Liabilities: $86,431,762
  • Net Assets: $10,651,237

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.

INTEREST ON LOANS

Revenue

$4,098,734

OTHER MEMBER RELATED REVENUE

Revenue

$1,280,765

MEMBER FEE INCOME

Revenue

$712,782

FEE & INSURANCE INCOME

Revenue

$18,147

Organization Details

Founding Year

1957

Principal Officer

Nicholas Mathiowetz

Main Address

283 KENNEDY MEMORIAL DRIVE, HOYT LAKES, MN, 55750

NTEE Category

Code: W60 - Public benefit

If you are a representative of Northridge 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.