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EIN 41-0693272

Co-Op Credit Union of Montevideo

IRS 501(c) type
501(c)(14)
Num. employees
77
City
Montevideo
State
Minnesota
Year formed
1940
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
The Credit Union provides financial services, investment options, and loans for approximately 12,000 members in west central Minnesota. The Credit Union has locations in Montevideo, benson, canby and willmar.
Related structure
Co-Op Credit Union of Montevideo is child organization, under the parent exemption from Credit Unions in the State of Minnesota.
Total revenues
$16,954,154
2023
20192020202120222023$11m$15m
Total expenses
$12,703,146
2023
20192020202120222023$7m$11m
Total assets
$359,049,095
2023
20192020202120222023$0.2b$0.3b$0.4b
Num. employees
77
2023
2019202020212022202304080

Program areas at Co-Op Credit Union of Montevideo

The Credit Union provides financial services, investement options, and loans for approximately 16,700 members in west central Minnesota. The Credit Union has locations in Montevideo, benson, canby and willmar.

Personnel at Co-Op Credit Union of Montevideo

NameTitleCompensation
Kayla ReiffenbergerPresident and Chief Executive Officer$256,699
Susan HillerenChief Operating Officer$109,258
Anna SprayChief Financial Officer$106,924
Ruth SchoenChief Compliance Officer$106,071
Cheri HughesBranch Manager and Loan Officer$102,899

Financials for Co-Op Credit Union of Montevideo

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$14,491,924
Investment income and dividends$2,462,230
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,954,154

Form 990s for Co-Op Credit Union of Montevideo

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Co-Op Credit Union of Montevideo

OrganizationLocationRevenue
First Alliance Credit UnionStewartville, MN$20,652,686
Northridge Community Credit UnionHoyt Lakes, MN$8,252,675
Minnesota Power Employees Credit UnionDuluth, MN$6,860,848
SMW Financial Credit Union - No 10Lino Lakes, MN$4,265,492
Ideal Credit UnionWoodbury, MN$56,178,125
Greater Community Credit UnionDawson, MN$12,614,357
Brainerd BN Credit UnionBrainerd, MN$4,499,777
Red Wing Credit UnionRed Wing, MN$7,704,785
Associated Healthcare Credit UnionWoodbury, MN$7,645,894
Leading Edge Credit UnionWorthington, MN$8,422,524
Data update history
February 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 24, 2025
Updated personnel
Identified 2 new personnel
January 24, 2024
Updated personnel
Identified 2 new personnel
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
2407 E Hwy 7 PO Box 447
Montevideo, MN 56265
County
Chippewa County, MN
Website URL
co-opcreditunion.com/ 
Phone
(320) 269-2117
IRS details
EIN
41-0693272
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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