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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 Harbor Pointe Credit Union

Harbor Pointe Credit Union

Fiscal year ending 2024. Filed on May 1, 2025.

11 W 2nd Street
Duluth, Minnesota 55802

Harbor Pointe Credit Union (EIN: 41-0226825) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Harbor Pointe Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 37 total employees. Among the employees shown here, the average compensation is $170,928. The highest compensated employee at Harbor Pointe Credit Union is Lisa Herstad with fiscal year 2024 compensation of $236,686. Harbor Pointe Credit Union changed its name from Duluth Teachers Credit Union in 2018.

Revenue, expenses, and employee compensation

Revenue

$7,586,329

Expenses

$5,824,763

Employee compensation

$2,308,207
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lisa Herstad
Chief Executive Officer
$236,686
$214,069 No related comp$22,617
Beth Waksdahl
Vice President, Operations
$169,401
$144,585 No related comp$24,816
James Lundberg
Vice President, Lending
$160,260
$137,699 No related comp$22,561
Kyle Hanson
Information Systems Manager
$117,364
$109,649 No related comp$7,715

Benchmark Employee Compensation

Non-Employee Board Members

Christian Koelling
Board Member
Eddie Crawford
Board Member
J Earl Grano
Board Member
Lisa Mitchell Krocak
Board Vice Chair
Merry Wallin
Board Member
Mike Fisher
Board Member
Polly John
Board Chair

Mission Statement

To meet the borrowing, saving, and investment needs of its members by providing the financial services desired. Members save and borrow from each other.Credit Union Members save and borrow from each other.

Revisions to this organization profile

May 1, 2025:
2024 Harbor Pointe Credit Union 990 filed
May 2, 2024:
2023 Harbor Pointe Credit Union 990 filed
May 2, 2023:
2022 Harbor Pointe Credit Union 990 filed

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