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SOO LINE CREDIT UNION CREDIT UNIONS IN THE STATE OF MINNESOTA

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Tax-exempt status may be revoked

SOO LINE CREDIT UNION CREDIT UNIONS IN THE STATE OF MINNESOTA

EIN 41-0547860

What they do

to PROVIDE LENDING, SAVINGS and OTHER FINANCIAL SERVICES to THE CREDIT UNIONS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE and WITH A "SERVICE-BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS STATUS AS "OWNERS".

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2018The report may be old. Ask for a newer one.

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

They name their leaders8 people are listed in the latest report.

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

Money made simple

$105.44spent for every $100 of revenueSpending was higher than revenue this year.
$18.64in 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.

Worth asking: Expenses exceeded revenue by $115,674 this year. Ask whether that was planned or caused by a one-time event.

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 2018

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$2,127,710
Expenses$2,243,384
Annual shortfall $115,674 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$2,127,710
Expenses$2,243,384
Assets$41,814,361
Accounting fees$8,786
People

Leadership and board

Tax year 2018

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (8)

ALICE JANCSEKDIRECTOR/SUPERVISORY COMMI

BRUCE DOLLVICE CHAIR

CHRISTOPHER GOEBELDIRECTOR

DARRYLL PALMERDIRECTOR

JUDY MITCHELLSECRETARY

KARL NESSETCFO

MARK ASTLEFORDDIRECTOR

MARK JOHNSONBOARD CHAIR

About this charity

Location
14327 HUNTINGTON AVENUE SOUTH, SAVAGE, MN 553782678
County
Scott
In care of
MARK JOHNSON
Primary officer
MARK JOHNSON, CHAIRMAN OF THE BOARD

How to reach them

Filing and classification

Latest tax year
2018
Tax period began
January 1, 2018
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
Revocation date
September 15, 2022

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

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