Overview

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Est.

1940

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CO-OP CREDIT UNION OF MONTEVIDEO is a nonprofit credit union serving approximately 14,700 members in west central Minnesota, with locations in Montevideo, Benson, Canby, and Willmar. The organization provides a range of financial services, investment options, and loans, operating with an annual budget of $8.6 million and generating total revenue of $20.2 million. It does not rely on a single funder for 50% or more of its revenue. For more information, visit www.co-opcreditunion.com.

Mission Statement

THE CREDIT UNION PROVIDES FINANCIAL SERVICES, INVESTMENT OPTIONS, AND LOANS FOR APPROXIMATELY 14,700 MEMBERS IN WEST CENTRAL MINNESOTA. THE CREDIT UNION HAS LOCATIONS IN MONTEVIDEO, BENSON, CANBY AND WILLMAR.
Revenues
$20.2M
Expenses
$15.7M
Net Income:
+$4.4M
Assets
$374.5M
Liabilities
$318.5M
Net Assets:
+$56M
Operating Budget
$8.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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A
Anna Spray
Board Member
P
Peter Schmitz
Board Member
M
Mark Tastad
Board Member

Frequently Asked Questions

What is CO-OP CREDIT UNION OF MONTEVIDEO’s budget?
In 2024, CO-OP CREDIT UNION OF MONTEVIDEO reported an annual operating budget of around $8.6 million. More detailed financial information is available to registered users.
What causes does CO-OP CREDIT UNION OF MONTEVIDEO support?
CO-OP CREDIT UNION OF MONTEVIDEO supports work in Credit unions.
Where does CO-OP CREDIT UNION OF MONTEVIDEO operate?
CO-OP CREDIT UNION OF MONTEVIDEO is headquartered in Montevideo, MN.