EIN 81-4112454

Hiway Credit Union Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2018
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Hiway Credit Union Foundation passionately provides resources to enhance the overall wellness of the community. Small businesses and nonprofit organizations can apply for funds through our community impact grants to rebuild and invest in their business or community affected by civil unrest and the pandemic. In 2022, we awarded $75,000 to small businesses and non-profits. We also awarded $21,000 in student scholarships to support first-year college students from funds raised through our annual event fundraiser.
Total revenues
$342,860
2023
Total expenses
$248,151
2023
Total assets
$249,312
2023
Num. employees
1
2023

Program areas at Hiway Credit Union Foundation

Our community impact grants are designated for charitable organizations whose work closely aligns with at least one of the five priority funding focus areas: 1. Community and economic development; 2. Diversity, equity and inclusion; 3. Housing; 4. Hunger relief and healthy eating programs; 5. Informal education - supporting life skills & financial well-being for all.in 2023, we were able to award $58,000 to these organizations in our local community.
The hcuf awarded $20,800 in teacher grants to support teachers at title 1 schools in their programming.
The hcuf awarded $26,000 student scholarships to support first year college students from funds raised through our 2023 annual event fundraiser.
Provided a variety of other grants to the community per donation requests.

Grants made by Hiway Credit Union Foundation

GranteeGrant descriptionAmount
Minnesota Credit Union FoundationCharitable Donations$39,500
National Credit Union FoundationCharitable Donations$13,125
Kids in Need FoundationCharitable Donations$10,000
...and 2 more grants made

Who funds Hiway Credit Union Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hiway Credit UnionTo Provide Financial Support To the Foundation To Fulfill Its Exempt Purpose.$55,000
Wings Financial FoundationSponsorship Annual Fundraiser$5,000

Personnel at Hiway Credit Union Foundation

NameTitleCompensation
Dave BodenChief Executive Officer - Credit Union$0
Aaron KastnerChief Financial Officer - Credit Union$0
Christine CordellPresident$0
Souayee VangTreasurer$0
Malee YangSecretary$0
...and 2 more key personnel

Financials for Hiway Credit Union Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$352,410
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-9,550
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$342,860

Form 990s for Hiway Credit Union Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-30990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-07-23990EZView PDF
2019-122020-10-14990EZView PDF
...and 1 more Form 990
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 4 new personnel
January 1, 2024
Used new vendors
Identified 1 new vendor, including
October 22, 2023
Received grants
Identified 2 new grant, including a grant for $55,000 from Hiway Credit Union
Nonprofit Types
Grantmaking organizationsCredit unionsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
840 Westminster St
Saint Paul, MN 55130
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
blazecu.com/ 
Phone
(651) 291-1515
IRS details
EIN
81-4112454
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
522130: Credit Unions
Parent/child status
Central organization
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