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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 Members Cooperative Credit Union

Members Cooperative Credit Union

Fiscal year ending 2024. Filed on November 8, 2025.

215 N 40th Avenue West
Duluth, Minnesota 55807

Members Cooperative Credit Union (EIN: 41-0195345) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Members Cooperative Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 10 out of 281 total employees. Among the employees shown here, the average compensation is $328,938. The highest compensated employee at Members Cooperative Credit Union is Stephen Ewers with fiscal year 2024 compensation of $610,433.

Revenue, expenses, and employee compensation

Revenue

$65,178,355

Expenses

$60,606,630

Employee compensation

$20,586,953
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephen Ewers
President and Chief Executive Officer
$610,433
$556,461 No related comp$53,972
Janet Vold
Cio/Coo
$474,838
$412,677 No related comp$62,161
Ralph Hamann
Cfo/Chro
$463,444
$397,179 No related comp$66,265
Simone Suri
General Counsel
$395,231
$339,660 No related comp$55,571
Stephan Glonchak
Chief Lending Officer
$372,340
$334,187 No related comp$38,153
Brae Olson
Vice President, Marketing
$208,990
$182,816 No related comp$26,174
Andy Joneson
Vice President, Information Technology
$200,915
$175,366 No related comp$25,549
Marisa Jerama
Vice President Retail Management
$192,692
$159,669 No related comp$33,023
Susan Shold
Vice President, Human Resources
$187,886
$162,987 No related comp$24,899
Cory Stenson
Mortgage Manager
$182,613
$153,472 No related comp$29,141

Benchmark Employee Compensation

Non-Employee Board Members

Doris Dahl
Chair
$18,000
$18,000 No related compNo other comp
David Vukelich
Board Vice Chair
$12,000
$12,000 No related compNo other comp
Joe Wolff
Director
$6,000
$6,000 No related compNo other comp
Mary Krohn
Associate Director
$6,000
$6,000 No related compNo other comp
John Gilbert
Director
$6,000
$6,000 No related compNo other comp
Nial Andre Muson Klyn
Associate Director
$6,000
$6,000 No related compNo other comp
Russ Salgy
Director
$6,000
$6,000 No related compNo other comp
Rodney Bibeau
Director
$6,000
$6,000 No related compNo other comp
Peter Vang
Director
$4,500
$4,500 No related compNo other comp
Jennie Siebert
Director
$3,000
$3,000 No related compNo other comp
Dianne Carlson
Director Emeritus
$2,750
$2,750 No related compNo other comp
Nicole Barker
Board Secretary and Treasurer
$2,000
$2,000 No related compNo other comp

Contractors

Fiserv
Annual Software Maintenance
$2,322,122
Integris
Computer Contract
$864,468
Bj Baas Builders
Contractor for Remodel of New Branch Loc
$745,150
Nusource Financial
Technology and Installment of New Itms
$734,424
Servion Commercial Loan
Loan Servicing
$503,449

Mission Statement

TO CONDUCT THE ORDINARY AND NECESSARY BUSINESS OF A CREDIT UNION INVOLVING THE RECEIVING OF SAVINGS OF MEMBERS AND LENDING MONEY TO MEMBERS FOR PROVIDENT PURPOSES.

Revisions to this organization profile

November 8, 2025:
2024 Members Cooperative Credit Union 990 filed
November 12, 2024:
2023 Members Cooperative Credit Union 990 filed
November 15, 2023:
2022 Members Cooperative Credit Union 990 filed

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