ST CLOUD CITY AND COUNTY EMPLOYEES CREDIT UNION

Address
PO BOX 715
ST CLOUD, MN 56302
Contact
Website: http://www.stcloudcu.org
Phone: +1 (320) 258-2195
Nonprofit
EIN: 41-0517419
Year formed: 1934

Mission

WE ARE A A MEMBER-OWNED ORGANIZATION, OFFERING FINANCIAL SERVICES THAT ARE COMPETITIVE WITHIN THE MARKET AND RESPONSIVE TO THE CHANGING NEEDS OF OUR MEMBERS, WHILE MAINTAINING A SAFE AND SOUND BUSINESS PRACTICE.
 201520142013
Basic features of the organization
Year of formation1934
Subsection501(c)
Organization typeCorporation
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$63,763.00$90,448.00$89,232.00
Sum of reportable (W2/1099) compensation$63,763.00$90,448.00$89,232.00
Number of employees665
Personnel
Erickson, Kenneth
TitleCHAIRCHAIRCHAIR
Name of key/compensated personKENNETH ERICKSONKENNETH ERICKSONKENNETH ERICKSON
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Ford, Daniel
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personDANIEL FORDDANIEL FORDDANIEL FORD
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Johnson, Jeffrey
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personJEFFREY JOHNSONJEFFREY JOHNSONJEFFREY JOHNSON
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Kron, Denny
Title  DIRECTOR
Name of key/compensated person  DENNY KRON
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Lenzmeier, Alice
TitleVICE CHAIRVICE CHAIRVICE CHAIR
Name of key/compensated personALICE LENZMEIERALICE LENZMEIERALICE LENZMEIER
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Myers, Michah
TitleDIRECTOR  
Name of key/compensated personMICHAH MYERS  
Average hours per week working for org1.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Sanner, John
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personJOHN SANNERJOHN SANNERJOHN SANNER
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Schreifels, Randy
TitleDIRECTORDIRECTOR 
Name of key/compensated personRANDY SCHREIFELSRANDY SCHREIFELS 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Tody, Melvin
TitlePRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personMELVIN TODYMELVIN TODYMELVIN TODY
Average hours per week working for org40.0040.0040.00
Reportable compensation from org$63,763.00$90,448.00$89,232.00
Other comp, non-reportable, from org and related orgs$4,754.00$8,151.00$7,137.00
PositionOfficerOfficerOfficer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Treb, Linda
TitleSECRETARYSECRETARYSECRETARY
Name of key/compensated personLINDA TREBLINDA TREBLINDA TREB
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesWE ARE A A MEMBER-OWNED ORGANIZATION, OFFERING FINANCIAL SERVICES THAT ARE COMPETITIVE WITHIN THE MARKET AND RESPONSIVE TO THE CHANGING NEEDS OF OUR MEMBERS, WHILE MAINTAINING A SAFE AND SOUND BUSINESS PRACTICE.WE AREA A MEMBER-OWNED ORGANIZATION, OFFERING FINANCIAL SERVICES THAT ARE COMPETITIVE WITHIN THE MARKET AND RESPONSIVE TO THE CHANGING NEEDS OF OUR MEMBERS, WHILE MAINTAINING A SAFE AND SOUND BUSINESS PRACTICE.WE AREA A MEMBER-OWNED ORGANIZATION, OFFERING FINANCIAL SERVICES THAT ARE COMPETITIVE WITHIN THE MARKET AND RESPONSIVE TO THE CHANGING NEEDS OF OUR MEMBERS, WHILE MAINTAINING A SAFE AND SOUND BUSINESS PRACTICE.
Programs, including revenue & expenses
.
Program description  .
THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 301 NEW LOANS TO MEMBERS DURING 2015. AS OF 10/31/15 WE HAD 1,202 LOANS TO OUR MEMBERS.
Program descriptionTHE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 301 NEW LOANS TO MEMBERS DURING 2015. AS OF 10/31/15 WE HAD 1,202 LOANS TO OUR MEMBERS.THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 342 NEW LOANS TO MEMBERS DURING 2014. AS OF 12/31/14 WE HAD 1,143 LOANS TO OUR MEMBERS.THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 364 NEW LOANS DURING 2013. AS OF 12/31/13 WE HAD 1,086 LOANS TO OUR MEMBERS.
THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 76 NEW MEMBER DEPOSIT ACCOUNTS IN 2015. AS OF 10/31/15 WE HAD 2,570 MEMBERS.
Program descriptionTHE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 76 NEW MEMBER DEPOSIT ACCOUNTS IN 2015. AS OF 10/31/15 WE HAD 2,570 MEMBERS.THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 75 NEW MEMBER DEPOSIT ACCOUNTS IN 2014. AS OF 12/31/14 WE HAD 2,551 MEMBERS.THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 81 NEW DEPOSIT ACCOUNTS IN 2013. AS OF 12/31/13 WE HAD 2,555 MEMBERS.
Financial data
Expense categories (totals)
Sum (total functional expenses)$522,236.00$593,058.00$603,844.00
Program services (total functional expenses)$0.00$0.00$0.00
Management & general (total functional expenses)$0.00$0.00$0.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$543,977.00$637,041.00$612,140.00
Program service revenue (total)$440,344.00$523,157.00$505,599.00
Investment income$99,961.00$106,419.00$103,727.00
Total unrelated business revenue$2,495.00$3,456.00$7,249.00
Other revenue, current yr$3,672.00$7,465.00$2,814.00
Net unrelated business taxable revenue-$2,385.00-$397.00 
Total revenue from grants, etc., current yr$0.00$0.00$0.00
Gross receipts$543,977.00$637,041.00$612,140.00
Other types of revenue
Royalties (total)$3,672.00$7,465.00$2,814.00
Income from dividends, interest, and similar investments$99,961.00$106,419.00$103,727.00
Fees for services
Legal fees (total)$2,371.00  
Fundraising service fees (total)$0.00$0.00$0.00
Assets and liabilities
Total assets$0.00$19,908,213.00$18,910,847.00
Total assets, beginning of year$19,908,213.00$18,910,847.00$18,368,025.00
Total liabilities$0.00$17,656,715.00$16,703,332.00
Total liabilities, beginning of year$17,656,715.00$16,703,332.00$16,168,806.00
Net assets$0.00$2,251,498.00$2,207,515.00
Net assets, beginning of year$2,251,498.00$2,207,515.00$2,199,219.00
Other liabilities $17,624,001.00$16,668,298.00
Other assets $229,890.00$225,512.00
Cash: non-interest bearing $181,773.00$182,427.00
Cash: non-interest bearing, beginning of year$181,773.00$182,427.00$148,420.00
Investments: program-related $6,525,278.00$7,436,979.00
Other financial variables
Revenue less expenses$21,741.00$43,983.00$8,296.00
Advertising (total)$3,187.00$5,084.00$4,147.00
Savings & temp cash investment $3,339,578.00$2,165,255.00
Prepaid expenses & deferred charges $1,279.00$1,221.00
Accounts payable & accrued expenses $32,714.00$35,034.00
Total net assets or fund balances$0.00$2,251,498.00$2,207,515.00
Depreciation, depletion, amortization$13,317.00$17,948.00$19,549.00
Governance and accountability
Number of voting members777
Number of independent voting members777
Discontinued or disposed >25% of net assetsTrue  
Tax year start date2015-01-012014-01-012013-01-01
Tax year end date2015-10-312014-12-312013-12-31
Accounting methodAccrualAccrualAccrual
Metadata about the filing
E-return type990990990
Reason for form submission
Final return / terminatedTrue  
Date e-filing submitted2016-08-312015-07-072014-10-23
IRS schema version2015v2.12014v5.02013v3.1
Filing identifier201610289349301011201521629349300952201422079349300702
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