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Organizations Northern Communities Credit Union

Northern Communities Credit Union

Fiscal year ending 2016. Filed on May 26, 2017.

3311 West Arrowhead Road
Ste 1120
Duluth, Minnesota 55811

Northern Communities Credit Union (EIN: 41-0225925) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Northern Communities Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 5 out of 36 total employees. Among the employees shown here, the average compensation is $74,518. The highest compensated employee at Northern Communities Credit Union is Larry Champeaux with fiscal year 2016 compensation of $137,627.

Revenue, expenses, and employee compensation

Revenue

$3,507,178

Expenses

$3,393,175

Employee compensation

$1,341,953
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Larry Champeaux
President and Chief Executive Officer
$137,627
$120,750 No related comp$16,877
Trina Hoff
President and Chief Executive Officer
$91,675
$79,341 No related comp$12,334
Sharon Lundquist
Vice President, Lending
$63,591
$55,857 No related comp$7,734
Anita Chandler
Vice President, Administration
$61,251
$57,805 No related comp$3,446
Terese Thorstad
Vice President, Finance
$18,448
$17,512 No related comp$936

Benchmark Employee Compensation

Non-Employee Board Members

Karen Erickson
Vice Chair
$1,044
$978 No related comp$66
Janet Ward
Secretary
$924
$858 No related comp$66
James Kroll
Director
$794
$728 No related comp$66
Grant Forsyth
Chair
$710
$644 No related comp$66
John Lindquist
Director
$651
$585 No related comp$66
Charles Schumacher
Director
$476
$410 No related comp$66
Ruth Hemming
Director
$437
$371 No related comp$66
Ben Thomas
Director
$404
$338 No related comp$66
Robert McCubbin
Director
$277
$211 No related comp$66
Patti Maguire
Vice Chair
$81
$81 No related compNo other comp

Contractors

Vantiv Company LLC
Card Processing
$239,990
Share One Inc.
Core Sys Softwr
$170,183

Mission Statement

TO PROMOTE MEMBER SUCCESS BY MEETING THEIR CHANGING FINANCIAL NEEDS.

Revisions to this organization profile

November 12, 2025:
2024 Northern Communities Credit Union 990 filed
November 8, 2024:
2023 Northern Communities Credit Union 990 filed
November 6, 2023:
2022 Northern Communities Credit Union 990 filed

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