NORTH STAR COMMUNITY CREDIT UNION

Address
PO BOX 10
MADDOCK, ND 58348
Contact
Website: http://www.northstarccu.com
Phone: +1 (701) 438-2222
Nonprofit
NTEE: W61 - Credit Unions
EIN: 45-0260598

Mission

NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.
 20172016201520142013
Basic features of the organization
Year of formation1940
Subsection code14
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$333,643.00$231,492.00$218,374.00$193,394.00$179,612.00
Sum of reportable (W2/1099) compensation$296,930.00$231,492.00$218,374.00$193,394.00$179,612.00
Number of employees9761525354
Number of people compensated >$100k10111
Number of volunteers977100
Number of highly compensated contractors01020
Personnel
Arne, Wendy
TitleEXECUTIVE VPVP OF FINANCEVP OF FINANCEVP OF FINANCEVP OF FINANCE
Name of key/compensated personWENDY ARNEWENDY ARNEWENDY ARNEWENDY ARNEWENDY ARNE
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org40.0040.0040.0040.0040.00
Reportable compensation from org$81,874.00$80,442.00$75,496.00$66,043.00$57,997.00
Other comp, non-reportable, from org and related orgs$12,109.00$11,467.00$11,114.00$9,982.00$8,296.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Black, Michael
TitleCHAIRCHAIRCHAIRCHAIRVICE CHAIR
Name of key/compensated personMICHAEL BLACKMICHAEL BLACKMICHAEL BLACKMICHAEL BLACKMICHAEL BLACK
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Buehler, Nadley
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personNADLEY BUEHLERNADLEY BUEHLERNADLEY BUEHLERNADLEY BUEHLERNADLEY BUEHLER
Position of compensated person
Current officer  True  
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Emery, Chuck
TitleDIRECTOR    
Name of key/compensated personCHUCK EMERY    
Position of compensated person
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    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Foster, Michael
TitleDIRECTOR    
Name of key/compensated personMICHAEL FOSTER    
Position of compensated person
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    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Gigstad, Kevin
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personKEVIN GIGSTADKEVIN GIGSTADKEVIN GIGSTAD  
Position of compensated person
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Hegland, Cynthia
Title PAST PRESIDENTPRESIDENTPRESIDENTPRESIDENT
Name of key/compensated person CYNTHIA HEGLANDCYNTHIA HEGLANDCYNTHIA HEGLANDCYNTHIA HEGLAND
Position of compensated person
Current officer TrueTrueTrueTrue
Average hours per week working for org 40.0040.0040.0040.00
Reportable compensation from org $69,530.00$142,878.00$127,351.00$121,615.00
Other comp, non-reportable, from org and related orgs $22,412.00$25,269.00$23,199.00$26,018.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Herrington, Bob
TitleCEO/PRESIDENTCURRENT PRESIDENT   
Name of key/compensated personBOB HERRINGTONBOB HERRINGTON   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org40.0040.00   
Reportable compensation from org$165,915.00$81,520.00   
Other comp, non-reportable, from org and related orgs$3,878.00$6,850.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Klebe, Kenneth
TitleVICE CHAIR    
Name of key/compensated personKENNETH KLEBE    
Position of compensated person
Current officerTrue    
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    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Migler, Marvin
Title VICE CHAIRVICE CHAIRDIRECTORDIRECTOR
Name of key/compensated person MARVIN MIGLERMARVIN MIGLERMARVIN MIGLERMARVIN MIGLER
Position of compensated person
Current officer True   
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Noordsy, Chris
TitleCFO    
Name of key/compensated personCHRIS NOORDSY    
Position of compensated person
Current officerTrue    
Average hours per week working for org40.00    
Reportable compensation from org$49,141.00    
Other comp, non-reportable, from org and related orgs$20,726.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Olson, Beth
TitleSECRETARYSECRETARYSECRETARYSECRETARYSECRETARY
Name of key/compensated personBETH OLSONBETH OLSONBETH OLSONBETH OLSONBETH OLSON
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Riley, John
TitleDIRECTOR    
Name of key/compensated personJOHN RILEY    
Position of compensated person
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    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Vedaa, Shawn
TitleDIRECTOR    
Name of key/compensated personSHAWN VEDAA    
Position of compensated person
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    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Williams, Rodger
Title   VICE CHAIRCHAIR
Name of key/compensated person   RODGER WILLIAMSRODGER WILLIAMS
Position of compensated person
Current officer   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesNON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.
Program service expenses, total    $5,614,137.00
Programs, including revenue & expenses
NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.
Program expenses    $5,614,137.00
Program descriptionNON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.
Financial data
Revenue
Total revenue$11,252,190.00$7,672,623.00$7,264,446.00$7,083,253.00$6,745,284.00
Revenue from contributions (total)  $0.00$0.00$0.00
Investment income, current yr$694,919.00$184,898.00$378,202.00$419,126.00$315,767.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$52,967.00$17,106.00$11,553.00$16,125.00-$12,655.00
Other revenue, current yr$1,650,946.00$977,581.00$924,327.00$917,761.00$917,822.00
Net unrelated business taxable revenue-$20,855.00-$12,784.00-$12,295.00-$714.00-$2,420.00
Program service revenue (total)$8,906,325.00$6,510,144.00$5,961,917.00$5,746,366.00$5,511,695.00
Gross receipts$11,283,377.00$10,366,811.00$7,704,379.00$7,574,544.00$6,763,071.00
Other types of revenue
Miscellaneous revenue (total)$1,650,946.00$977,581.00$916,377.00$906,361.00$906,422.00
Income from dividends, interest, and similar investments$726,106.00$285,013.00$360,676.00$388,557.00$333,554.00
Net rental income  $7,950.00$11,400.00$11,400.00
Expense categories (totals)
Total functional expenses: sum of all$10,684,322.00$6,596,281.00$5,733,437.00$5,324,493.00$5,614,137.00
Total functional expenses: program service  $6,596,281.00$5,733,437.00 $5,614,137.00
Total functional expenses: management and general $0.00$0.00 $0.00
Total functional expenses: fundraising $0.00$0.00 $0.00
Fees for services
Legal fees (total)$51,945.00$40,546.00$24,392.00$39,394.00$26,970.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$6,921.00$2,540.00 $1,386.00$5,679.00
Assets and liabilities
Total assets$305,996,475.00$175,135,865.00$167,171,459.00$163,449,409.00$164,521,344.00
Total assets, beginning of year$175,135,865.00$167,171,459.00$163,449,409.00$164,521,344.00$157,134,684.00
Total liabilities$269,774,221.00$151,241,779.00$145,727,444.00$143,166,236.00$145,739,241.00
Total liabilities, beginning of year$151,241,779.00$145,727,444.00$143,166,236.00$145,739,241.00$139,636,031.00
Loans & receivables from key persons    $54,625.00
Net assets$36,222,254.00$23,894,086.00$21,444,015.00$20,283,173.00$18,782,103.00
Net assets, beginning of year$23,894,086.00$21,444,015.00$20,283,173.00$18,782,103.00$17,498,653.00
Other liabilities$258,645,886.00$150,795,111.00$143,086,258.00$140,876,192.00$145,496,788.00
Intangible assets$2,272,291.00    
Other assets$15,358,504.00$7,504,793.00$5,446,815.00$5,188,514.00$7,131,208.00
Investments: other securities  $2,486,590.00$2,502,002.00$23,153.00
Investments: publicly traded securities  $1,999,500.00$6,497,240.00$5,747,615.00
Cash: non-interest bearing$2,544,588.00$1,461,444.00$1,120,028.00$1,119,665.00$1,097,334.00
Cash: non-interest bearing, beginning of year$1,461,444.00$1,120,028.00$1,119,665.00$1,097,334.00$1,169,425.00
Investments -- program-related$22,145,835.00$15,415,169.00   
Other financial variables
Revenue less expenses$567,868.00$1,076,342.00$1,531,009.00$1,758,760.00$1,131,147.00
Advertising (total)$159,878.00$153,842.00$150,827.00$167,395.00$145,215.00
Savings & temp cash investment$17,126,171.00$20,652,224.00$20,977,936.00$25,766,994.00$35,616,952.00
Accounts receivable, net$31,602.00   $0.00
Prepaid expenses & deferred charges$471,818.00$60,309.00$82,648.00$112,077.00$61,877.00
Accounts payable & accrued expenses$2,128,335.00$446,668.00$641,186.00$290,044.00$242,453.00
Secured mortgages and notes payable$9,000,000.00$0.00$2,000,000.00$2,000,000.00 
Total net assets or fund balances$36,222,254.00$23,894,086.00$21,444,015.00$20,283,173.00$18,782,103.00
Depreciation, depletion, amortization$471,790.00$345,135.00$307,041.00$301,618.00$281,228.00
Payment to affiliates$47,598.00$40,796.00$30,212.00$32,465.00$34,504.00
Governance and accountability
Number of voting members95555
Number of independent voting members95553
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrueTrue   
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Has local chaptersTrueTrueTrueTrueTrue
Indicators for schedules (selected)
Outstanding loan to key person or disqualified person    True
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-10-032017-11-032016-09-282015-08-062014-08-19
IRS schema version2017v2.32016v3.02015v2.12014v5.02013v3.0
Filing identifier201832009349300213201712419349300136201601379349300520201541329349303759201420879349300812
Use these data in your project Benchmark this organization against its peers