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EIN 39-6049800

Indianhead Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
26
City
Spooner
State
Wisconsin
Year formed
1961
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Indianhead CU offers savings and loans for socioeconomic improvement and financial stability, VITA/AARP tax prep, and affordable housing real estate loans.
Total revenues
$3,212,744
2022
Total expenses
$2,230,893
2022
Total assets
$93,128,956
2022
Num. employees
26
2022

Program areas at Indianhead Credit Union

The Credit Union provides staff and space for the VITA/AARP site at our Spooner Office; we did at least 415 tax returns for low and moderate income individuals in our community at no charge to the tax payer. This service does not generate income; the expenses are an estimate since staff is doing this during regular business hours. I estimate the cost to be $8000.
We provide paid staff time for an employee to run the annual Lions Christmas fund in our community. This program provides gifts and food to needy families at Christmas time. Expenses are not broken out, estimated cost $1000.

Grants made by Indianhead Credit Union

GranteeAmount
Grantsburg Area Food Shelf$7,000

Personnel at Indianhead Credit Union

NameTitleCompensation
Dale GottschalkChief Executive Officer and President$97,054
Renee ZimmermanVice President of Operations$57,006
Becky HoehnVice - President Lending$50,575

Financials for Indianhead Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,841,100
Investment income and dividends$797,691
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$573,953
Total revenues$3,212,744

Form 990s for Indianhead Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122020-10-22990View PDF
2018-122020-02-06990View PDF
...and 11 more Form 990s

Organizations like Indianhead Credit Union

OrganizationLocationRevenue
Soundview Financial Credit UnionBethel, CT$1,675,515
Frontier Community Credit UnionLeavenworth, KS$9,882,689
United Consumers Credit UnionIndependence, MO$9,982,754
Cornerstone Credit UnionFreeport, IL$6,965,510
Cooperativa de Ahorro Y Credito HatilloHatillo, PR$7,701,719
Cooperativa de Ahorro Y Credito MorovenaMorovis, PR$4,630,080
Cooperativa de Ahorro Y Credito Vega AltaPuerto Rico, $13,579,909
Foundation Credit UnionSpringfield, MO$2,698,734
Ocean State Credit UnionCoventry, RI$13,825,699
Greater Kentucky Credit UnionLexington, KY$5,100,885
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 3 new personnel
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
104 E Maple St
Spooner, WI 54801
County
Washburn County, WI
Website URL
indianheadcu.org/ 
Phone
(715) 635-8273
IRS details
EIN
39-6049800
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1961
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
Independent
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