Crow Wing Power Credit Union

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

EIN: 411929474 ✦ Brainerd, MN ✦ Designated as a 501(c)(14)

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Overview

What is Crow Wing Power Credit Union?

Crow Wing Power Credit Union is a nonprofit organization based in Brainerd, Minnesota. Their primary mission involves offering loans and savings products and services to their membership group. In 2021, they actively promoted thrift among their members, establishing a reliable source of credit at reasonable interest rates. As of the provided information, the organization boasts a small workforce of 12 individuals.


Official website here: www.cwpcu.org

Is Crow Wing Power Credit Union legitimate?

Crow Wing Power Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Crow Wing Power 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: $210,992
Professional Fundraising Fees: $0
Other Salaries and Wages: $430,380

For more financial information, click here


Official website here: www.cwpcu.org

What is the mission statement of Crow Wing Power Credit Union?

Crow Wing Power Credit Union is an organization dedicated to serving its membership group by offering a variety of loan and savings products and services. Their mission is centered around providing financial assistance and resources to their members. In 2021, they actively promoted thrift among their members and ensured a reliable source of credit at reasonable interest rates. The credit union aims to support the financial needs of its members through its range of offerings.


Official website here: www.cwpcu.org

Who is the CEO of Crow Wing Power Credit Union?

Joan Wileman is the Secretary of Crow Wing Power Credit Union.


Official website here: www.cwpcu.org

What is the revenue of Crow Wing Power Credit Union?

Crow Wing Power Credit Union's revenue in 2022 was $2,513,307.


Official website here: www.cwpcu.org

Who are the executives of Crow Wing Power Credit Union and what are their salaries?

The average compensation at Crow Wing Power Credit Union during 2022 was $53,448. There are 12 employees and 12 volunteers at Crow Wing Power Credit Union.


Here are 12 key members and their salaries:


Doris Mezzenga (Secretary)
  • Compensation: $0
  • Related: $5,052
  • Other: $0
Dwight Thiesse (Director)
  • Compensation: $0
  • Related: $11,333
  • Other: $0
Gertrude Roggenkamp (Chairman)
  • Compensation: $0
  • Related: $12,090
  • Other: $0
Luann Nelson (Director)
  • Compensation: $0
  • Related: $11,773
  • Other: $0
Richard Larson (Director)
  • Compensation: $0
  • Related: $11,847
  • Other: $0
Robert Kangas (Director)
  • Compensation: $0
  • Related: $13,301
  • Other: $0
Diane Viehauser (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Hoenig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Nygren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Frieler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Smith (Vice President)
  • Compensation: $66,469
  • Related: $0
  • Other: $31,898
Joan Willeman (President)
  • Compensation: $84,991
  • Related: $0
  • Other: $27,634


Official website here: www.cwpcu.org

Where can I find the form 990 for Crow Wing Power Credit Union?

Crow Wing Power Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cwpcu.org

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

Mission Statement of Crow Wing Power Credit Union

Crow Wing Power Credit Union is an organization dedicated to serving its membership group by providing them with a variety of loans and savings products and services. Their mission is to create opportunities for financial growth and security by offering legitimate sources of credit at reasonable interest rates. In 2021, the credit union actively promoted thrift among its members, reinforcing the importance of financial responsibility and prudent savings habits.

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Impact




October, 2024

Crow Wing Power Credit Union has a significant impact on the financial well-being of its members in Brainerd, Minnesota, by providing accessible loans and savings products. In 2021, the credit union focused on promoting thrift among its members, encouraging responsible saving and spending habits. By offering loans at legitimate interest rates, Crow Wing Power Credit Union ensures that its members have access to fair credit, helping them to achieve their financial goals without falling into predatory lending traps. This approach fosters a supportive community where individuals can build financial stability and security, ultimately enhancing the overall economic health of the region.




This information is meant to be a general summary of Crow Wing Power 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
$2,513,307 (2022)
Expenses
$2,107,908 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $401,443
  • Program Service Revenue: $1,893,254
  • Gross Receipts: $2,513,307

Assets and Liabilities:

  • Total Assets: $107,845,487
  • Total Liabilities: $99,431,361
  • Net Assets: $8,414,126

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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

$1,893,254

Organization Details

Founding Year

1999

Principal Officer

Joan Wileman

Main Address

PO BOX 962, BRAINERD, MN, 56401

NTEE Category

Code: W60 - Public benefit

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