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CO-OP CREDIT UNION OF MONTEVIDEO

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Public IRS 990 nonprofit record

CO-OP CREDIT UNION OF MONTEVIDEO

EIN 41-0693272 · Education (B)

What they do

THE CREDIT UNION PROVIDES FINANCIAL SERVICES, INVESTMENT OPTIONS, and LOANS for APPROXIMATELY 17,200 MEMBERS IN WEST CENTRAL MINNESOTA. THE CREDIT UNION HAS LOCATIONS IN MONTEVIDEO, BENSON, CANBY and WILLMAR.

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 leaders16 people are listed in the latest report.

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

Money made simple

$78.05spent for every $100 of revenueRevenue covered expenses this year.
$23.80in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  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 $376,598 for KAYLA REIFFENBERGER (PRESIDENT/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$20,157,881
Expenses$15,732,673
Annual surplus $4,425,208 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$20,157,881
Expenses$15,732,673
Assets$374,479,158
Income$20,157,881
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
KAYLA REIFFENBERGERPRESIDENT/CEO · 40 hrs/week $376,598Base $281,926 · Other $94,672
DANIEL PIEPERCHIEF CREDIT OFFICER · 40 hrs/week $211,230Base $171,685 · Other $39,545
ANNA SPRAYCFO · 40 hrs/week $155,660Base $128,194 · Other $27,466
LOREN HANSENLOAN OFFICER · 40 hrs/week $152,204Base $121,118 · Other $31,086
RYAN EPEMALOAN OFFICER · 40 hrs/week $131,941Base $100,422 · Other $31,519
CHERI HUGHESBRANCH MANAGER/LOAN OFFICER · 40 hrs/week $115,694Base $106,646 · Other $9,048
PETER SCHMITZSECRETARY $728
MARK TASTADBOARD OFFICER $635
JASON FRENCHCHAIRPERSON $625
KYLE KRANZBOARD MEMBER $613
DIANE DIETERVICE CHAIRPERSON $575
JENNIFER STRYHNBOARD MEMBER $570

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 (16)

KAYLA REIFFENBERGERPRESIDENT/CEO

DANIEL PIEPERCHIEF CREDIT OFFICER

ANNA SPRAYCFO

LOREN HANSENLOAN OFFICER

RYAN EPEMALOAN OFFICER

CHERI HUGHESBRANCH MANAGER/LOAN OFFICER

PETER SCHMITZSECRETARY

MARK TASTADBOARD OFFICER

JASON FRENCHCHAIRPERSON

KYLE KRANZBOARD MEMBER

DIANE DIETERVICE CHAIRPERSON

JENNIFER STRYHNBOARD MEMBER

BARB PEDERSONSUPERVISORY CHAIRPERSON

PATRICK CARRUTHBOARD MEMBER

AARON JAENISCHSUPERVISORY MEMBER

RONDA OLSONSUPERVISORY MEMBER

About this charity

Recognized since
January 1944
Location
PO BOX 447, MONTEVIDEO, MN 56265-0447
County
Chippewa
In care of
% KAYLA RIEFFENBERGER
Primary officer
Kayla Reiffenberger, President/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
NTEE classification
Education (B)
IRS tax category
Education

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

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