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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 Minnesota Power Employees Credit Union

Minnesota Power Employees Credit Union

Fiscal year ending 2018. Filed on November 14, 2019.

30 W Superior Street No 126
1100
Duluth, Minnesota 55802

Minnesota Power Employees Credit Union (EIN: 41-0418235) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Minnesota Power Employees Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 3 out of 26 total employees. Among the employees shown here, the average compensation is $144,508. The highest compensated employee at Minnesota Power Employees Credit Union is Debora Almirall with fiscal year 2018 compensation of $183,448.

Revenue, expenses, and employee compensation

Revenue

$4,231,614

Expenses

$3,972,181

Employee compensation

$1,626,359
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Debora Almirall
President and Chief Executive Officer and Treasurer
$183,448
$154,649 No related comp$28,799
Brian Shelton
SR Vpmbl
$155,364
$122,883 No related comp$32,481
Terese Thorstad
Vice President and Chief Financial Officer
$94,712
$86,534 No related comp$8,178

Benchmark Employee Compensation

Non-Employee Board Members

Beth Fredrickson
Director
Bob Bastianelli
Chair
Don Kozlovski
Secretary and Assistant Treasurer
Doug Welnetz
Director
Eric Skadsberg
Director
Marilyn Carter
Director
Wing Chan
Vice Chair

Contractors

Jack Henry & Associates Inc.
Core Processor
$200,039
Shazam
Debit Card Processing
$127,622
Fidelity National Information Services
Credit Card Processing
$122,423

Mission Statement

YOUR SUCCESSFUL FINANCIAL JOURNEY IS OUR PASSION.

Revisions to this organization profile

November 4, 2025:
2024 Minnesota Power Employees Credit Union 990 filed
July 3, 2024:
2023 Minnesota Power Employees Credit Union 990 filed
November 14, 2023:
2022 Minnesota Power Employees Credit Union 990 filed

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