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To meet the borrowing, saving, and investment needs of its members by providing the financial services desired. Members save and borrow from each other.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS Form 990 via ProPublica Nonprofit Explorerⓘ Leadership data below reflects a more recent filing (Tax Year 2024) from the IRS e-file system.
Total Revenue
▼$6.8M
Total Contributions
$0
Total Expenses
▼$5.4M
Total Assets
$146.2M
Total Liabilities
▼$130.3M
Net Assets
$15.9M
Officer Compensation
→$632.2K
Other Salaries
$1.3M
Investment Income
▼$897K
Fundraising
▼$0
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $6.8M | $0 | $5.4M | $146.2M | $15.9M |
| 2022 | $5.7M | $0 | $4.6M | $152.9M | $14M |
| 2021 | $5.2M | $0 | $4.1M | $155.1M | $14M |
| 2020 | $5M | $0 | $3.9M | $137.1M | $13.2M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
| Total |
|---|
| Lisa Herstad | CEO | 40 | $214.1K | $0 | $22.6K | $236.7K |
| Beth Waksdahl | VP Of Operations | 40 | $144.6K | $0 | $24.8K | $169.4K |
| James Lundberg | VP Lending | 40 | $137.7K | $0 | $22.6K | $160.3K |
Lisa Herstad
CEO
$236.7K
Hrs/Wk
40
Compensation
$214.1K
Related Orgs
$0
Other
$22.6K
Beth Waksdahl
VP Of Operations
$169.4K
Hrs/Wk
40
Compensation
$144.6K
Related Orgs
$0
Other
$24.8K
James Lundberg
VP Lending
$160.3K
Hrs/Wk
40
Compensation
$137.7K
Related Orgs
$0
Other
$22.6K
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Kyle Hanson | Information Systems Manager | 40 | $109.6K | $0 | $7,715 | $117.4K |
Kyle Hanson
Information Systems Manager
$117.4K
Hrs/Wk
40
Compensation
$109.6K
Related Orgs
$0
Other
$7,715
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Christian Koelling | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Eddie Crawford | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| J Earl Grano | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Lisa Mitchell Krocak | Board Vice Chair | 0.5 | $0 | $0 | $0 | $0 |
| Merry Wallin | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Mike Fisher | Board Member |
Christian Koelling
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Eddie Crawford
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
J Earl Grano
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
| 2019 | $5.1M | $0 | $4.1M | $120.4M | $12.1M |
| 2018 | $4.6M | $0 | $3.6M | $112.2M | $11.1M |
| 2017 | $4.1M | $0 | $3.4M | $110.3M | $10.1M |
| 2016 | $3.9M | $0 | $3.3M | $106.1M | $9.4M |
| 2015 | $3.9M | $0 | $3.1M | $99.7M | $8.8M |
| 2014 | $3.7M | $0 | $3.1M | $93M | $8M |
| 2013 | $3.6M | $0 | $2.9M | $87.7M | $7.4M |
| 2012 | $3.7M | $0 | $2.9M | $82.4M | $6.8M |
| 2011 | $3.7M | $0 | $3.3M | $74.7M | $6.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 0.5 |
| $0 |
| $0 |
| $0 |
| $0 |
| Polly John | Board Chair | 0.5 | $0 | $0 | $0 | $0 |
Lisa Mitchell Krocak
Board Vice Chair
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Merry Wallin
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Mike Fisher
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Polly John
Board Chair
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0