ELY AREA CREDIT UNION
2 EAST CHAPMAN STREET, ELY, MN 55731

Total Revenue
$1,798,838
Total Expenses
$1,333,059
Net Assets
$43,693,981

Organizations Filed Purposes: AS A MEMBER-OWNED FINANCIAL COOPERATIVE, WE WILL DEVELOPE AND OFFER COMPETITIVE PRODUCT LINES THAT MEET MEMBERS NEEDS WHILE MAINTAINING ASSET STRENGTH AND BE A FULL SERVICE ORGANIZATION THAT SATISFIES THE NEEDS OF THE MEMBERSHIP.

ANNUAL MEETING OF THE MEMBERS AT WHICH THE CREDIT UNION BOARD AND THE SUPERVISORY COMMITTEE REPORT TO THE MEMBERSHIP THE OPERATION OF THE CREDIT UNION AND THE MEMBERS ELECT THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE. DIVIDENDS PAID TO THE MEMBERS QUARTERLY ON THEIR SAVINGS ACCOUNTS.

LIFE SAVINGS LIFE INSURANCE WHICH PROVIDES LIFE INSURANCE PRPTECTION TO THE MEMBERS BASED ON THE AMOUNT OF THEIR SAVINGS ACCOUNTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mark KrekelbergTREASUERMANAGER40$90,880
Deb AndersonDIRECTOR1$0
Todd AhoDIRECTOR1$0
Anthony GornikBOARD PRESIDENT1$0
Judy NiemelaDIRECTOR1$0
Tina FosterSUPERVISORY COMMITTEE MEMBER1$0
Terry SoderbergDIRECTOR1$0
Scott AndersonDIRECTOR1$0
Barbara MathewsBOARD VICE PRESIDENT1$0
Katherine OjalaSUPERVISORY COMMITTEE MEMBER1$0
3 SoderbergSUPERVISORY COMMITTEE CHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202041229349301244_public.xml