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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 Community Credit Union

First Community Credit Union

Fiscal year ending 2022. Filed on November 2, 2023.

PO Box 2180
Jamestown, North Dakota 58401

First Community Credit Union (EIN: 45-0226664) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, First Community Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 327 total employees. Among the employees shown here, the average compensation is $292,719. The highest compensated employee at First Community Credit Union is Steve Schmitz with fiscal year 2022 compensation of $503,850.

Revenue, expenses, and employee compensation

Revenue

$51,869,328

Expenses

$41,423,974

Employee compensation

$22,568,825
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve Schmitz
Chief Executive Officer
$503,850
$461,010 No related comp$42,840
Darin Finck
Chief Lending Officer
$284,826
$243,113 No related comp$41,713
Craig Grundstrom
Chief Development Officer
$276,995
$227,160 No related comp$49,835
Sean Rinkenberger
Chief Financial Officer
$256,342
$207,135 No related comp$49,207
Brian Olson
Senior AG LOAN Officer
$254,738
$226,407 No related comp$28,331
Steve Davis
Svp/Regional Senior Credit
$237,898
$219,284 No related comp$18,614
James Vollrath
Chief Technology Officer
$234,385
$192,534 No related comp$41,851

Benchmark Employee Compensation

Non-Employee Board Members

Owen Olson
Chair
$7,200
$7,200 No related compNo other comp
Colin Wegenast
Director
$7,200
$7,200 No related compNo other comp
Bonnie Nelson
Secretary
$7,200
$7,200 No related compNo other comp
Sharman Zachrison
Director
$7,200
$7,200 No related compNo other comp
Sandra Franke
Director
$7,200
$7,200 No related compNo other comp
Mark Watne
Director
$7,200
$7,200 No related compNo other comp
Douglas Kalianoff
Director
$5,400
$5,400 No related compNo other comp

Contractors

Wild Crg
Architect and Building Contractor
$2,372,005
Pscu
Debit and Credit Card Processor
$1,995,162
Hillerud Construction Inc.
Building Contractor
$1,009,713
NCR Corporation
Online Banking Provider
$760,873
Fiserv
Member Account
$431,540

Mission Statement

TO PROVIDE INDIVIDUALIZED FINANCIAL SOLUTIONS FOR OUR MEMBERS THROUGH COMPETITIVE PRODUCTS AND WELL-TRAINED AND EMPOWERED EMPLOYEES.

Revisions to this organization profile

November 14, 2025:
2024 First Community Credit Union 990 filed
November 14, 2024:
2023 First Community Credit Union 990 filed
November 2, 2023:
2022 First Community Credit Union 990 filed

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