Overview

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Est.

1938

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Hibbing Cooperative Credit Union (EIN: 41-6029419) is a state-chartered cooperative association dedicated to promoting thrift and providing credit sources for its members. With an operating budget of $2 million and total revenue of $4.6 million for the filing year 2024, the organization plays a vital role in supporting its community's financial needs. More information can be found on their website at www.hccu.net.

Mission Statement

HIBBING COOPERATIVE CREDIT UNION IS A STATE-CHARTERED COOPERATIVE ASSOCIATION ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AMONG AND CREATING A SOURCE OF CREDIT FOR ITS MEMBERS.
Revenues
$4.6M
Expenses
$2M
Net Income:
+$2.6M
Assets
$103.1M
Liabilities
$86.2M
Net Assets:
+$16.8M
Operating Budget
$2M
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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R
Rex Lentner
Board Member
P
Patrick Dilley
Board Member
J
John Dixon
Board Member

Frequently Asked Questions

What is HIBBING COOPERATIVE CREDIT UNION’s budget?
In 2024, HIBBING COOPERATIVE CREDIT UNION reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does HIBBING COOPERATIVE CREDIT UNION support?
HIBBING COOPERATIVE CREDIT UNION supports work in Credit unions.
Where does HIBBING COOPERATIVE CREDIT UNION operate?
HIBBING COOPERATIVE CREDIT UNION is headquartered in Hibbing, MN.
What is HIBBING COOPERATIVE CREDIT UNION’s reliance on government grants?
HIBBING COOPERATIVE CREDIT UNION relied on government grants for less than 5% of their total revenue in 2024.