Town & Country Credit Union

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

EIN: 450278124 ✦ Minot, ND ✦ Designated as a 501(c)(14)

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Overview

What is Town & Country Credit Union?

Town & Country Credit Union is a nonprofit organization based in Minot, North Dakota. With a team of 210 employees, they provide financial services to a field of membership. Their mission is to build trusted financial relationships by offering personalized services. The credit union's primary focus is on fostering strong connections with its members.


Official website here: www.townandcounrty.org

Is Town & Country Credit Union legitimate?

Town & Country Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Town & Country 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: $530,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,431,143

For more financial information, click here


Official website here: www.townandcounrty.org

What is the mission statement of Town & Country Credit Union?

Town & Country Credit Union is a non-profit organization dedicated to establishing trusted financial relationships with its members. Through personalized service, the mission of this financial institution is brought to life. The core focus is on building a strong bond with each member, ensuring their financial needs are met with care and attention. By prioritizing individualized service, Town & Country Credit Union fosters a sense of trust and reliability within its community. The organization's commitment to its members extends beyond transactions, creating a unique financial partnership that sets it apart from other financial service providers.


Official website here: www.townandcounrty.org

Who is the CEO of Town & Country Credit Union?

Jay Landsiedel is the Director of Town & Country Credit Union. The CEO's salary of Town & Country Credit Union is $250,883 and their total compensation is $275,987.


Official website here: www.townandcounrty.org

What is the revenue of Town & Country Credit Union?

Town & Country Credit Union's revenue in 2022 was $29,514,851.


Official website here: www.townandcounrty.org

Who are the executives of Town & Country Credit Union and what are their salaries?

The average compensation at Town & Country Credit Union during 2022 was $56,960. There are 210 employees and 7 volunteers at Town & Country Credit Union.


Here are 13 key members and their salaries (Town & Country Credit Union's CEO's salary is $250,883 and their total compensation is $275,987):


Jay Hight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ripplinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delrae Geinert (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Landsiedel (Cfo)
  • Compensation: $279,599
  • Related: $0
  • Other: $28,043
Jeff Stremick (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Harmon (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mortgage Loan Officers3 Individuals (Mortgage Loan Originator)
  • Compensation: $839,069
  • Related: $0
  • Other: $153,087
Kalli Schell (Coo)
  • Compensation: $301,372
  • Related: $0
  • Other: $45,586
Fred Beuchler (Clo)
  • Compensation: $254,842
  • Related: $0
  • Other: $46,382
Adam Silbernagel (Cio)
  • Compensation: $248,263
  • Related: $0
  • Other: $42,287
Jeremiah Kossen (Former Ceo)
  • Compensation: $250,883
  • Related: $0
  • Other: $25,104


Official website here: www.townandcounrty.org

Where can I find the form 990 for Town & Country Credit Union?

Town & Country Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.townandcounrty.org

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

Mission Statement of Town & Country Credit Union

Town & Country Credit Union, a non-profit organization, is dedicated to establishing trusted financial relationships with its members through personalized service. The mission of this financial institution is geared towards building a strong bond with each individual, ensuring a customized approach to banking. By prioritizing personalized service, Town & Country Credit Union aims to cater to the unique financial needs of its members, offering them a more intimate and tailored banking experience. The organization's commitment to trust and reliability sets it apart, as it strives to go above and beyond the typical transactional relationship between financial institutions and their customers.

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Impact




October, 2024

Town & Country Credit Union significantly enhances the financial well-being of its community in Minot, ND, by fostering trusted relationships through personalized service. By offering tailored financial services, the credit union empowers its members to make informed financial decisions, ultimately promoting economic stability and growth. This commitment to building strong, trustworthy relationships allows individuals and families to access the resources they need for success, whether it's through loans, savings, or financial education. The organization’s focus on public benefit ensures that it prioritizes the needs of its members, contributing to the overall prosperity of the community.




This information is meant to be a general summary of Town & Country 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
$29,514,851 (2022)
Expenses
$25,000,066 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,368,059
  • Program Service Revenue: $28,033,911
  • Gross Receipts: $30,307,379

Assets and Liabilities:

  • Total Assets: $637,609,134
  • Total Liabilities: $558,025,543
  • Net Assets: $79,583,591

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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

$19,507,122

SERVICE FEES

Revenue

$3,332,426

NET GAIN ON SALES OF LOANS

Revenue

$3,043,169

INSURANCE INCOME

Revenue

$362,151

EXTENDED WARRANTIES

Revenue

$50,487

Organization Details

Founding Year

1939

Principal Officer

Jay Landsiedel

Main Address

PO BOX 2046, MINOT, ND, 587022046

NTEE Category

Code: W60 - Public benefit

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