1. Directory
  2. Minnesota
  3. Leading Edge Credit Union
EIN 41-1563619

Leading Edge Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
74
City
Worthington
State
Minnesota
Year formed
1986
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Fulda Area Credit Union's mission is to provide member owned financial services. Their programs encompass deposits and loans with current holdings of $108 million in deposits and 5,544 loans totaling $97.4 million for their 10,262 members.
Related structure
Leading Edge Credit Union is child organization, under the parent exemption from Credit Unions in the State of Minnesota.
Also known as...
Fulda Area Credit Union
Total revenues
$7,569,554
2022
Total expenses
$7,236,877
2022
Total assets
$149,217,727
2022
Num. employees
74
2022

Program areas at Leading Edge Credit Union

Loans - currently have 6,674 loans of $110,192,904 to our 10,553 members
Deposits - currently have $130,104,557 in deposits held by our 10,553 members

Personnel at Leading Edge Credit Union

NameTitleCompensation
Chad MerrihewChief Executive Officer and President$245,518
Mike ReemtsmaChief Operating Officer$109,372
Ryan FrancisChief Financial Officer
Melissa GehlChief Marketing Officer$77,409
Laura HonkenChief Information Officer$107,575
...and 11 more key personnel

Financials for Leading Edge Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$7,262,927
Investment income and dividends$274,114
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$32,513
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,569,554

Form 990s for Leading Edge Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-10-29990View PDF
2019-122021-06-08990View PDF
2018-122019-11-08990View PDF
...and 10 more Form 990s

Organizations like Leading Edge Credit Union

OrganizationLocationRevenue
Soo Line Credit Union (SLCU)Savage, MN$2,127,710
Associated Healthcare Credit UnionWoodbury, MN$6,129,567
Greater Community Credit UnionDawson, MN$8,742,446
Financial One Credit UnionColumbia Heights, MN$11,270,296
Red Wing Credit UnionRed Wing, MN$6,740,657
Brainerd BN Credit UnionBrainerd, MN$2,826,059
First Alliance Credit UnionStewartville, MN$16,521,407
Northern States Power St Paul Credit UnionMaplewood, MN$2,006,584
SMW Financial Credit Union - No 10Lino Lakes, MN$3,852,056
Crow Wing Power Credit UnionBrainerd, MN$2,513,307
Data update history
January 24, 2024
Updated personnel
Identified 1 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1127 Ryans Rd
Worthington, MN 56187
Website URL
leadingedgecu.org/ 
Phone
(507) 775-2802
IRS details
EIN
41-1563619
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
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
Free account sign-up

Want updates when Leading Edge Credit Union has new information, or want to find more organizations like Leading Edge Credit Union?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy