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SOUTHPOINT FINANCIAL CREDIT UNION

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Public IRS 990 nonprofit record

SOUTHPOINT FINANCIAL CREDIT UNION

EIN 41-0518425

What they do

SOUTHPOINT FINANCIAL CREDIT UNION EMPOWERS MEMBERS to ACHIEVE THEIR GOALS and DREAMS BY PROVIDING EXCEPTIONAL SERVICE and GUIDANCE. WE ASPIRE to BECOME THE PRIMARY FINANCIAL INSTITUTION for MEMBERS, CONTRIBUTE to THE WELL-BEING of OUR COMMUNITIES and MAINTAIN EARNINGS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$94.40spent for every $100 of revenueRevenue covered expenses this year.
$19.75in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $322,484 for JAY GOSTONCZIK (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$30,688,891
Expenses$28,971,069
Annual surplus $1,717,822 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$30,688,891
Expenses$28,971,069
Assets$572,168,874
Grants given$31,866
Average grant$31,866
Stocks and bonds$48,495,471
Accounting fees$14,597
Investing fees$51,376
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JAY GOSTONCZIKCEO · 40 hrs/week $322,484Base $278,117 · Other $44,367
ALAN PETERSONCFO · 40 hrs/week $213,954Base $192,323 · Other $21,631
DAVID SCHOUTENCIO · 40 hrs/week $207,825Base $174,573 · Other $33,252
TROY DIEDRICHEVP · 40 hrs/week $200,639Base $189,606 · Other $11,033
PATRICE GOHLCOO · 40 hrs/week $194,777Base $183,909 · Other $10,868
ROBERT SCHMIDCLO · 40 hrs/week $160,153Base $142,026 · Other $18,127
JEFFREY ANDERSONVP OF LENDING · 40 hrs/week $130,709Base $110,103 · Other $20,606
JOEL HEITNERDIRECTOR OF DEPOSITS AND MEMBER EXPERIENCE · 40 hrs/week $128,576Base $121,637 · Other $6,939
AMANDA COOKDIRECTOR OF OPERATIONS · 40 hrs/week $118,772Base $112,360 · Other $6,412
MICHAEL JONESSENIOR BUSINESS TECH CONSULTANT · 40 hrs/week $109,038

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

JAY GOSTONCZIKCEO

ALAN PETERSONCFO

DAVID SCHOUTENCIO

TROY DIEDRICHEVP

PATRICE GOHLCOO

ROBERT SCHMIDCLO

JEFFREY ANDERSONVP OF LENDING

JOEL HEITNERDIRECTOR OF DEPOSITS AND MEMBER EXPERIENCE

AMANDA COOKDIRECTOR OF OPERATIONS

MICHAEL JONESSENIOR BUSINESS TECH CONSULTANT

BOB WEISSBOARD MEMBER

CHARLIE GRAVELLEBOARD SECRETARY, TREASURER

ASHOK GOYALBOARD MEMBER

JERRY FORSTERBOARD MEMBER

MARK BRUGGEMANBOARD MEMBER

MATT LUXBOARD VICE CHAIRPERSON

SCOTT SUPRENANTBOARD MEMBER

TAMMY HELGETBOARD MEMBER

ADAM SEIFERTBOARD CHAIRPERSON

About this charity

Location
924 MAIN STREET EAST, SLEEPY EYE, MN 56085
County
Brown
In care of
AL PETERSON
Primary officer
AL PETERSON, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
DOEREN MAYHEW
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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