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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$4.3M
Program Spending
78%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$3.5M
Total Assets
$7.2M
Total Liabilities
▼$1.1M
Net Assets
$6.1M
Officer Compensation
→$489.6K
Other Salaries
$1.4M
Investment Income
$169.5K
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: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $4.3M | $0 | $3.5M | $7.2M | $6.1M |
| 2022 | $3.7M | $0 | $3.5M | $6.7M | $5.1M |
| 2021 | $3M | $0 | $3M | $4.9M | $3.5M |
| 2020 | $2.9M | $0 | $2.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Thomas Saehr | Former President & Ceo/boa | 40 | $351K | $0 | $29.1K | $380.1K |
| Nadene Kruize | President & CEO | 40 | $259.4K | $0 | $44.3K | $303.7K |
| Jennifer Fitzpatrick | Vice President, Loan Portf | 40 | $113.3K | $0 | $31K | $144.3K |
| Sarah Borgman | Chief Credit Officer | 40 | $101.9K | $0 | $24.1K | $126K |
| Maurice Durheim | Chairman | 1 | $7,200 | $0 | $0 | $7,200 |
| Bob Palmquist | Treasurer | 1 | $4,800 | $0 | $0 | $4,800 |
| Carol Anderson | Vice Chair | 1 | $4,800 | $0 | $0 | $4,800 |
| Dale Umlauf | Secretary | 1 | $4,800 | $0 | $0 | $4,800 |
Thomas Saehr
Former President & Ceo/boa
$380.1K
Hrs/Wk
40
Compensation
$351K
Related Orgs
$0
Other
$29.1K
Nadene Kruize
President & CEO
$303.7K
Hrs/Wk
40
Compensation
$259.4K
Related Orgs
$0
Other
$44.3K
Jennifer Fitzpatrick
Vice President, Loan Portf
$144.3K
Hrs/Wk
40
Compensation
$113.3K
Related Orgs
$0
Other
$31K
Sarah Borgman
Chief Credit Officer
$126K
Hrs/Wk
40
Compensation
$101.9K
Related Orgs
$0
Other
$24.1K
Maurice Durheim
Chairman
$7,200
Hrs/Wk
1
Compensation
$7,200
Related Orgs
$0
Other
$0
Bob Palmquist
Treasurer
$4,800
Hrs/Wk
1
Compensation
$4,800
Related Orgs
$0
Other
$0
Carol Anderson
Vice Chair
$4,800
Hrs/Wk
1
Compensation
$4,800
Related Orgs
$0
Other
$0
Dale Umlauf
Secretary
$4,800
Hrs/Wk
1
Compensation
$4,800
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Joseph Kammermeier | Vice President Business De | 40 | $158.1K | $0 | $34.2K | $192.3K |
| Terry Stein | Vice President Business De | 40 | $149.6K | $0 | $35.6K | $185.2K |
| Michael Stearns | Vice President Business De | 40 | $137.8K | $0 | $39.2K | $177K |
Joseph Kammermeier
Vice President Business De
$192.3K
Hrs/Wk
40
Compensation
$158.1K
Related Orgs
$0
Other
$34.2K
Terry Stein
Vice President Business De
$185.2K
Hrs/Wk
40
Compensation
$149.6K
Related Orgs
$0
Other
$35.6K
Michael Stearns
Vice President Business De
$177K
Hrs/Wk
40
Compensation
$137.8K
Related Orgs
$0
Other
$39.2K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Chad Syltie | Board Member | 1 | $3,600 | $0 | $0 | $3,600 |
| Dan Nygaard | Board Member | 1 | $3,600 | $0 | $0 | $3,600 |
| Dusten Johnson | Board Member | 1 | $4,800 | $0 | $0 | $4,800 |
| James Vrchota | Board Member | 1 | $3,600 | $0 | $0 | $3,600 |
| Mark Schik | Board Member | 1 | $3,600 | $0 | $0 | $3,600 |
| Matthew Dorothy | Board Member |
Chad Syltie
Board Member
$3,600
Hrs/Wk
1
Compensation
$3,600
Related Orgs
$0
Other
$0
Dan Nygaard
Board Member
$3,600
Hrs/Wk
1
Compensation
$3,600
Related Orgs
$0
Other
$0
Dusten Johnson
Board Member
$4,800
Hrs/Wk
1
Compensation
$4,800
Related Orgs
$0
Other
$0
| $4.3M |
| $3.5M |
| 2019 | $2.8M | $0 | $2.7M | $4.2M | $3.3M |
| 2018 | $2.6M | $0 | $2.6M | $4.1M | $3.1M |
| 2017 | $2.6M | $0 | $2.5M | $4.1M | $3.1M |
| 2016 | $2.7M | $0 | $2.4M | $4.1M | $3M |
| 2015 | $2.5M | $0 | $2.2M | $3.9M | $2.7M |
| 2014 | $2.3M | $0 | $2M | $3.6M | $2.4M |
| 2013 | $2.4M | $0 | $2M | $3.2M | $2M |
| 2012 | $2.4M | $0 | $2M | $1.7M | $1.5M |
| 2011 | $2M | $0 | $2.6M | $1.4M | $1.2M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 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 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 1 |
| $3,600 |
| $0 |
| $0 |
| $3,600 |
| Nancy Hoffman | Board Member | 1 | $3,600 | $0 | $0 | $3,600 |
James Vrchota
Board Member
$3,600
Hrs/Wk
1
Compensation
$3,600
Related Orgs
$0
Other
$0
Mark Schik
Board Member
$3,600
Hrs/Wk
1
Compensation
$3,600
Related Orgs
$0
Other
$0
Matthew Dorothy
Board Member
$3,600
Hrs/Wk
1
Compensation
$3,600
Related Orgs
$0
Other
$0
Nancy Hoffman
Board Member
$3,600
Hrs/Wk
1
Compensation
$3,600
Related Orgs
$0
Other
$0