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EIN 41-0682083

Electric Machinery Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
2
City
Minneapolis
State
Minnesota
Year formed
1947
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Electric Machinery Employees Credit Union provides competitive savings rates and low cost loans to its members. It fulfills this mission by offering financial services and products consistent with its membership, including loans and savings accounts at a competitive rate. Additionally, the credit union offers programs such as dividends paid to members and an annual meeting.
Related structure
Electric Machinery Employees Credit Union is child organization, under the parent exemption from Credit Unions in the State of Minnesota.
Total revenues
$349,090
2023
Total expenses
$393,745
2023
Total assets
$8,723,249
2023
Num. employees
2
2023

Program areas at Electric Machinery Employees Credit Union

Dividends paid to members
Annual Meeting
Loan Servicing

Personnel at Electric Machinery Employees Credit Union

NameTitle
Greg D EricsonPresident

Financials for Electric Machinery Employees Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$300,921
Investment income and dividends$48,169
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$349,090

Form 990s for Electric Machinery Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-05-03990View PDF
2021-122022-04-28990View PDF
2020-122021-04-21990View PDF
2019-122021-05-12990OView PDF
...and 9 more Form 990s

Organizations like Electric Machinery Employees Credit Union

OrganizationLocationRevenue
Mower County Employees Credit UnionAustin, MN$617,314
Floodwood Area Credit UnionFloodwood, MN$621,903
Austin City Employees Credit UnionAustin, MN$538,697
Latvian Credit UnionMinneapolis, MN$303,380
Riverview Credit UnionSouth Saint Paul, MN$385,006
Cities Credit UnionVadnais Heights, MN$1,489,903
Duluth Police Department Employees Credit UnionDuluth, MN$221,527
Danfoss Employees Credit UnionEden Prairie, MN$150,110
Ecolab Credit UnionSaint Paul, MN$398,575
Teamsters Credit UnionBlaine, MN$690,710
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 3, 2022
Updated personnel
Identified 2 new personnel
August 18, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
800 Central Ave Ne
Minneapolis, MN 55413
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
emcu.org/ 
Phone
(612) 378-8100
IRS details
EIN
41-0682083
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
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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