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ANOKA HENNEPIN CREDIT UNION

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Public IRS 990 nonprofit record

ANOKA HENNEPIN CREDIT UNION

EIN 41-6036540

What they do

MEMBERS HELPING MEMBERS IN A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WITH THE GOAL of BECOMING OUR MEMBERS PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS ASSETS and PROVIDING PERSONAL, CONVENIENT, and COMPETITIVE SERVICES.

Before you give

Should I give to this charity?

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We do not have enough spending detail

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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 2023The 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 leaders17 people are listed in the latest report.

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

Money made simple

$88.16spent for every $100 of revenueRevenue covered expenses this year.
$24.33in assets for every $1 spent this yearSome assets cannot be spent right away.

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  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 $366,277 for JEFFREY CLAUSSEN (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2023

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$12,997,224
Expenses$11,458,687
Annual surplus $1,538,537 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$12,997,224
Expenses$11,458,687
Assets$278,823,571
Grants given$14,655
Average grant$7,328
Stocks and bonds$73,457,793
Accounting fees$62,471
People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation
JEFFREY CLAUSSENPRESIDENT & CEO · 40 hrs/week $366,277Base $326,456 · Other $39,821
RICK GONNERMANCIO · 40 hrs/week $256,066Base $234,758 · Other $21,308
THERESA TOSTENGARDSVP/GENERAL COUNSEL · 32 hrs/week $224,644Base $183,548 · Other $41,096
MARTIN WALIGORAVP OF FINANCE & CFO · 40 hrs/week $220,004Base $197,637 · Other $22,367
CHRIS OLSENVP LENDING · 40 hrs/week $194,473Base $183,477 · Other $10,996
HEATHER HERNANDEZ VIVEROSVP HUMAN RESOURCES · 40 hrs/week $147,144Base $136,467 · Other $10,677
KATHERINE FRIASVP OPERATIONS · 40 hrs/week $130,396Base $107,978 · Other $22,418
ANGELA JENSENBSA & COMPLIANCE OFFICER · 40 hrs/week $124,498Base $118,143 · Other $6,355
TODD PROULXDIRECTOR · 1 hrs/week $2,210
JIM GAFFNEYCHAIRPERSON · 1 hrs/week $1,350
TERRY ANDERSONVICE CHAIRPERSON · 1 hrs/week $1,210
STACY GERRETYSECRETARY · 1 hrs/week $1,080

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 (17)

JEFFREY CLAUSSENPRESIDENT & CEO

RICK GONNERMANCIO

THERESA TOSTENGARDSVP/GENERAL COUNSEL

MARTIN WALIGORAVP OF FINANCE & CFO

CHRIS OLSENVP LENDING

HEATHER HERNANDEZ VIVEROSVP HUMAN RESOURCES

KATHERINE FRIASVP OPERATIONS

ANGELA JENSENBSA & COMPLIANCE OFFICER

TODD PROULXDIRECTOR

JIM GAFFNEYCHAIRPERSON

TERRY ANDERSONVICE CHAIRPERSON

STACY GERRETYSECRETARY

JAMES CALDWELLDIRECTOR

MARK UNDISDIRECTOR

DR PATRICK NAPOLIDIRECTOR

JOEL HALLDIRECTOR (THRU 12/2023)

CHRISTIAN MELBERGDIRECTOR (THRU 09/2023)

About this charity

Location
3505 NORTHDALE BLVD NW, COON RAPIDS, MN 554486742
County
Anoka
In care of
JEFFREY CLAUSSEN
Primary officer
JEFFREY CLAUSSEN, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2023
Return type
990
Tax preparer
WIPFLI LLP
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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