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MAGNIFI FINANCIAL CREDIT UNION IS A MEMBER OWNED FINANCIAL COOPERATIVE PROVIDING LOAN, DEPOSIT AND OTHER FINANCIAL SERVICES TO 84,983 MEMBERS.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$149.7M
Total Contributions
$0
Total Expenses
▼$141.6M
Total Assets
$2.4B
Total Liabilities
▼$2.2B
Net Assets
$247.8M
Officer Compensation
→$6.4M
Other Salaries
$29.1M
Investment Income
$9.2M
Fundraising
▼N/A
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
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
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| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $149.7M | $0 | $141.6M | $2.4B | $247.8M |
| 2023 | $128.7M | $0 | $108.6M | $2.3B | $240.9M |
| 2022 | $87.4M | $0 | $72.4M | $2.1B | $216.6M |
| 2021 | $79M | $0 | $61.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
| Total |
|---|
| Charles Friederichs | Chief Executive Officer | 45 | $1.1M | $0 | $102.4K | $1.2M |
| Greg Misterman | Chief Credit Officer | 45 | $657.8K | $0 | $88.5K | $746.3K |
| Ross Bloomquist | Chief Experience Officer | 45 | $463K | $0 | $52.3K | $515.4K |
| Nancy Roske | Chief Admin Officer | 45 | $387.7K | $0 | $76.1K | $463.8K |
| Andrea Kraska | Chief Operations Officer | 45 | $345.9K | $0 | $76.6K | $422.4K |
| Matt Noska | Chief People Officer | 45 | $333.4K | $0 | $64.4K | $397.8K |
| Theresa Tschumperlin | Cuso CEO | 45 | $316.3K | $0 | $50.2K | $366.6K |
| Fred Fleischhacker | Treasurer | 2 | $12.1K | $0 | $0 | $12.1K |
| Luke Godzala | Secretary | 2 | $9,000 | $0 | $0 | $9,000 |
| Marty Mahowald | Vice Chairperson | 2 | $6,460 | $0 | $0 | $6,460 |
| Steve Danzl | Chairperson | 2 | $0 | $0 | $0 | $0 |
Charles Friederichs
Chief Executive Officer
$1.2M
Hrs/Wk
45
Compensation
$1.1M
Related Orgs
$0
Other
$102.4K
Greg Misterman
Chief Credit Officer
$746.3K
Hrs/Wk
45
Compensation
$657.8K
Related Orgs
$0
Other
$88.5K
Ross Bloomquist
Chief Experience Officer
$515.4K
Hrs/Wk
45
Compensation
$463K
Related Orgs
$0
Other
$52.3K
Nancy Roske
Chief Admin Officer
$463.8K
Hrs/Wk
45
Compensation
$387.7K
Related Orgs
$0
Other
$76.1K
Andrea Kraska
Chief Operations Officer
$422.4K
Hrs/Wk
45
Compensation
$345.9K
Related Orgs
$0
Other
$76.6K
Matt Noska
Chief People Officer
$397.8K
Hrs/Wk
45
Compensation
$333.4K
Related Orgs
$0
Other
$64.4K
Theresa Tschumperlin
Cuso CEO
$366.6K
Hrs/Wk
45
Compensation
$316.3K
Related Orgs
$0
Other
$50.2K
Fred Fleischhacker
Treasurer
$12.1K
Hrs/Wk
2
Compensation
$12.1K
Related Orgs
$0
Other
$0
Luke Godzala
Secretary
$9,000
Hrs/Wk
2
Compensation
$9,000
Related Orgs
$0
Other
$0
Marty Mahowald
Vice Chairperson
$6,460
Hrs/Wk
2
Compensation
$6,460
Related Orgs
$0
Other
$0
Steve Danzl
Chairperson
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Stephanie Mayers | Financial Advisor | 45 | $446.5K | $0 | $76.5K | $523K |
| Michael Schwieters | Financial Advisor | 45 | $311.5K | $0 | $69.1K | $380.5K |
| Rachel Endrizzi | SVP Marketing | 45 | $296.6K | $0 | $66.3K | $362.9K |
| Gary Meyer | SVP Retail Banking | 45 | $263.9K | $0 | $78.3K | $342.2K |
| Dean Dirkes | Market Pres Comm Banking | 45 | $253.4K | $0 | $78.5K | $331.9K |
| Brad Shafton |
Stephanie Mayers
Financial Advisor
$523K
Hrs/Wk
45
Compensation
$446.5K
Related Orgs
$0
Other
$76.5K
Michael Schwieters
Financial Advisor
$380.5K
Hrs/Wk
45
Compensation
$311.5K
Related Orgs
$0
Other
$69.1K
Rachel Endrizzi
SVP Marketing
$362.9K
Hrs/Wk
45
Compensation
$296.6K
Related Orgs
$0
Other
$66.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| James Gondringer | Director | 2 | $10.2K | $0 | $0 | $10.2K |
| Jonathan Olmscheid | Sup Committee | 2 | $900 | $0 | $0 | $900 |
| Josh Krupke | Sup Committee | 2 | $1,063 | $0 | $0 | $1,063 |
| Lori Nelson | Director | 2 | $12.3K | $0 | $0 | $12.3K |
| Mark Meyer | Director | 2 | $13.2K | $0 | $0 | $13.2K |
| Marvin Hinnenkamp | Director |
James Gondringer
Director
$10.2K
Hrs/Wk
2
Compensation
$10.2K
Related Orgs
$0
Other
$0
Jonathan Olmscheid
Sup Committee
$900
Hrs/Wk
2
Compensation
$900
Related Orgs
$0
Other
$0
Josh Krupke
Sup Committee
$1,063
Hrs/Wk
2
Compensation
$1,063
Related Orgs
$0
Other
$0
| $1.6B |
| $210.6M |
| 2020 | $74.9M | $0 | $62.9M | $1.5B | $198.2M |
| 2019 | $66.2M | $0 | $52.2M | $1.2B | $186.1M |
| 2018 | $57.1M | $0 | $43.7M | $1.1B | $169.2M |
| 2017 | $51.2M | $0 | $40.7M | $1B | $155.9M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | — |
| 2015 | 990 | — |
| 2014 | 990 | — |
| 2013 | 990 | — |
| 2012 | 990 | — |
| 2011 | 990 | — |
| 2010 | 990 | — |
| SVP Of Digital And It |
| 45 |
| $279.8K |
| $0 |
| $50.1K |
| $329.9K |
| Janelle Borgmann | SVP Finance | 45 | $235.7K | $0 | $74.6K | $310.3K |
| Nicholas Rahrich | Market Pres Comm Banking | 45 | $227.1K | $0 | $62.8K | $289.9K |
| Chris Stanley | Commercial Banking Officer | 45 | $211.7K | $0 | $68.7K | $280.5K |
| Rob Schmitt | SVP Digital Banking | 45 | $201.6K | $0 | $65.9K | $267.5K |
| Jenn Hengel | SVP Of Project Mgmt | 45 | $206.9K | $0 | $57.8K | $264.7K |
| Janel Eibenstiner | SVP Banking Operations | 45 | $215.6K | $0 | $34.6K | $250.1K |
Gary Meyer
SVP Retail Banking
$342.2K
Hrs/Wk
45
Compensation
$263.9K
Related Orgs
$0
Other
$78.3K
Dean Dirkes
Market Pres Comm Banking
$331.9K
Hrs/Wk
45
Compensation
$253.4K
Related Orgs
$0
Other
$78.5K
Brad Shafton
SVP Of Digital And It
$329.9K
Hrs/Wk
45
Compensation
$279.8K
Related Orgs
$0
Other
$50.1K
Janelle Borgmann
SVP Finance
$310.3K
Hrs/Wk
45
Compensation
$235.7K
Related Orgs
$0
Other
$74.6K
Nicholas Rahrich
Market Pres Comm Banking
$289.9K
Hrs/Wk
45
Compensation
$227.1K
Related Orgs
$0
Other
$62.8K
Chris Stanley
Commercial Banking Officer
$280.5K
Hrs/Wk
45
Compensation
$211.7K
Related Orgs
$0
Other
$68.7K
Rob Schmitt
SVP Digital Banking
$267.5K
Hrs/Wk
45
Compensation
$201.6K
Related Orgs
$0
Other
$65.9K
Jenn Hengel
SVP Of Project Mgmt
$264.7K
Hrs/Wk
45
Compensation
$206.9K
Related Orgs
$0
Other
$57.8K
Janel Eibenstiner
SVP Banking Operations
$250.1K
Hrs/Wk
45
Compensation
$215.6K
Related Orgs
$0
Other
$34.6K
| 2 |
| $15.9K |
| $0 |
| $0 |
| $15.9K |
| Michelle Hudak | Sup Committee | 2 | $2,100 | $0 | $0 | $2,100 |
Lori Nelson
Director
$12.3K
Hrs/Wk
2
Compensation
$12.3K
Related Orgs
$0
Other
$0
Mark Meyer
Director
$13.2K
Hrs/Wk
2
Compensation
$13.2K
Related Orgs
$0
Other
$0
Marvin Hinnenkamp
Director
$15.9K
Hrs/Wk
2
Compensation
$15.9K
Related Orgs
$0
Other
$0
Michelle Hudak
Sup Committee
$2,100
Hrs/Wk
2
Compensation
$2,100
Related Orgs
$0
Other
$0