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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations First Alliance Credit Union

First Alliance Credit Union

Fiscal year ending 2016. Filed on May 3, 2017.

320 Alliance Place NE
Rochester, Minnesota 55906

First Alliance Credit Union (EIN: 41-0429399) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, First Alliance Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 68 total employees. Among the employees shown here, the average compensation is $145,268. The highest compensated employee at First Alliance Credit Union is Valerie Mathias with fiscal year 2016 compensation of $172,932.

Revenue, expenses, and employee compensation

Revenue

$9,087,540

Expenses

$7,860,937

Employee compensation

$3,144,720
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Valerie Mathias
Interim President/Ceo/Sr Vice President Finance/Cfo
$172,932
$146,693 No related comp$26,239
Mark Hettinger
Senior Vice President, Operations
$148,078
$133,601 No related comp$14,477
David Schouten
Vice President, Information Technology
$135,388
$107,169 No related comp$28,219
Kelly McDonough
President/Ceo (Term 10/06/16)
$124,673
$108,081 No related comp$16,592

Benchmark Employee Compensation

Non-Employee Board Members

Bobbi Olson
Director
Chris Nelson
Director
Cole Baessler
Director
Greg Eichten
Director
Harold Wobschall
Director
Russell Hess
Director
Theresa Hornberg
Director

Contractors

Fiserv Inc.
Core Processor
$989,537
Olmsted County Prl
Property Tax Collector
$172,265
Raoust Partners
Marketing Consultant
$161,392

Mission Statement

We show up. We listen to your story. We provide possibilities. As a not-for-profit financial cooperative we aim to create a financial oasis where everyone has access to the opportunities they deserve.

Revisions to this organization profile

October 12, 2025:
2024 First Alliance Credit Union 990 filed
May 10, 2024:
2023 First Alliance Credit Union 990 filed
April 25, 2023:
2022 First Alliance Credit Union 990 filed

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Other organizations also named First Alliance Credit Union

First Alliance Credit Union Foundation Inc
Stewartville, Minnesota