MAGNIFI FINANCIAL CREDIT UNION
EIN 41-0705136 · Education (B)
What they do
MAGNIFI FINANCIAL CREDIT UNION is A MEMBER OWNED FINANCIAL COOPERATIVE PROVIDING LOAN, DEPOSIT and OTHER FINANCIAL SERVICES to 84,983 MEMBERS.
Should I give to this charity?
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 leaders30 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- 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 $1,234,830 for CHARLES FRIEDERICHS (CHIEF EXECUTIVE OFFICER). 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.
Financial picture
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
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
People reported as paid
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 (30)
CHARLES FRIEDERICHSCHIEF EXECUTIVE OFFICER
GREG MISTERMANCHIEF CREDIT OFFICER
STEPHANIE MAYERSFINANCIAL ADVISOR
ROSS BLOOMQUISTCHIEF EXPERIENCE OFFICER
NANCY ROSKECHIEF ADMIN OFFICER
ANDREA KRASKACHIEF OPERATIONS OFFICER
MATT NOSKACHIEF PEOPLE OFFICER
MICHAEL SCHWIETERSFINANCIAL ADVISOR
THERESA TSCHUMPERLINCUSO CEO
RACHEL ENDRIZZISVP MARKETING
GARY MEYERSVP RETAIL BANKING
DEAN DIRKESMARKET PRES COMM BANKING
BRAD SHAFTONSVP OF DIGITAL AND IT
JANELLE BORGMANNSVP FINANCE
NICHOLAS RAHRICHMARKET PRES COMM BANKING
CHRIS STANLEYCOMMERCIAL BANKING OFFICER
ROB SCHMITTSVP DIGITAL BANKING
JENN HENGELSVP OF PROJECT MGMT
JANEL EIBENSTINERSVP BANKING OPERATIONS
MARVIN HINNENKAMPDIRECTOR
MARK MEYERDIRECTOR
LORI NELSONDIRECTOR
FRED FLEISCHHACKERTREASURER
JAMES GONDRINGERDIRECTOR
LUKE GODZALASECRETARY
MARTY MAHOWALDVICE CHAIRPERSON
MICHELLE HUDAKSUP COMMITTEE
JOSH KRUPKESUP COMMITTEE
JONATHAN OLMSCHEIDSUP COMMITTEE
STEVE DANZLCHAIRPERSON
About this charity
- Recognized since
- January 1944
- Location
- 20 4TH AVE SE, MELROSE, MN 56352-1356
- County
- Stearns
- In care of
- % HEATH BURG
- Primary officer
- NANCY ROSKE, CAO
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- CLIFTONLARSONALLEN LLP
- NTEE classification
- Education (B)
- IRS tax category
- Education
- Grant-giving organization
- Yes