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EIN 41-1227313

Teamsters Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
4
City
Blaine
State
Minnesota
Year formed
1974
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Teamsters Credit Union pledges to help hard-working Teamsters and their families by offering simple and fair loans as a direct union-benefit provider. The credit union is dedicated to building lifelong financial relationships by offering superior service to its members. It has several types of loan programs available for members, funding 432 new loans in 2022 with a total of 828 loans as of 12/31/22. Additionally, the credit union offers various types of deposit accounts, opening 113 new deposit accounts in 2022 with a total of 1,879 members as of 12/31/22.
Related structure
Teamsters Credit Union is child organization, under the parent exemption from Credit Unions in the State of Minnesota.
Total revenues
$690,710
2023
Total expenses
$660,697
2023
Total assets
$13,912,568
2023
Num. employees
4
2023

Program areas at Teamsters Credit Union

The Credit Union has various types of deposit accounts available for our members. We opened 112 new deposit accounts in 2023. As of 12/31/23 we had 1,813 members.
The Credit Union has several types of loan programs available for our members. We funded 173 new loans to members during 2023. As of 12/31/23 we had 725 loans to our members.

Personnel at Teamsters Credit Union

NameTitleCompensation
Andrea AdamsPresident$80,664
Sandy KischSecretary$0
Shelly NelsonVice President$62,168
Jeff EckmanChair$0
Bill ReynoldsVice Chair$0
...and 3 more key personnel

Financials for Teamsters Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,000
Program services$580,302
Investment income and dividends$107,599
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,809
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$690,710

Form 990s for Teamsters Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-08990View PDF
2022-122023-06-07990View PDF
2021-122022-05-10990View PDF
2020-122021-05-24990View PDF
2019-122020-08-27990View PDF
...and 10 more Form 990s

Organizations like Teamsters Credit Union

OrganizationLocationRevenue
Ecolab Credit UnionSaint Paul, MN$398,575
Mower County Employees Credit UnionAustin, MN$617,314
Floodwood Area Credit UnionFloodwood, MN$621,903
West Metro Schools Credit UnionHopkins, MN$1,884,691
Electric Machinery Employees Credit UnionMinneapolis, MN$349,090
Northern States Power St Paul Credit UnionMaplewood, MN$2,042,492
West Financial Credit UnionMedina, MN$1,665,094
Austin City Employees Credit UnionAustin, MN$538,697
Cities Credit UnionVadnais Heights, MN$1,489,903
Hbi Employees Credit UnionSaint Paul, MN$288,853
Data update history
February 25, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 25, 2023
Updated personnel
Identified 1 new personnel
April 4, 2022
Posted financials
Added Form 990 for fiscal year 2020
April 3, 2022
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
Address
9422 Ulysses St Ne Suite 140
Blaine, MN 55434
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Anoka County, MN
Website URL
mnteamsterscu.com/ 
Phone
(763) 267-6300
IRS details
EIN
41-1227313
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
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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