Public charity
HERMANTOWN, MNCity and state as stated on its FY2025 returnEIN Website
This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990 | $23,552,068 | $18,836,405 | $10,000 | $321,865,166 | $44,548,325 |
| FY2024 | 990 | $17,136,710 | $13,426,580 | $10,000 | $242,958,199 | $31,006,617 |
| FY2023 | 990 | $14,813,272 | $12,458,670 | $0 | $243,810,562 | $27,012,637 |
| FY2022 | 990 | $11,588,464 | $9,956,848 | $0 | $236,873,562 | $24,232,497 |
| FY2021 | 990 | $11,411,107 | $8,795,053 | $46,399 | $227,596,468 | $23,390,051 |
| FY2020 | 990 | $10,321,296 | $8,581,145 | $23,970 | $196,623,078 | $20,756,360 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 100% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| BOARD OF REGENTS AT UMDDULUTH, MN | GENERAL SUPPORT | $23,970 | 2020 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Margaret Taylor | CHAIRPERSON | 2.00 | $0 |
| Mark Thorsten | VICE CHAIRPERSON | 2.00 | $0 |
| Stephen Morgan | SECRETARY | 2.00 | $0 |
| Scott Christensen | DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| GENERAL SUPPORT |
| $23,000 |
| 2021 |
| CENTRICITY CREDIT UNION FOUNDATIONHERMANTOWN, MN | TO PROVIDE FINANCIAL LITERACY WITHIN THE COMMUNITY AND ASSISTANCE WITH OTHER EDUCATIONAL INITIATIVES | $10,000 | 2024 |
| CENTRICITY CREDIT UNION FOUNDATIONHERMANTOWN, MN | TO PROVIDE FINANCIAL LITERACY WITHIN THE COMMUNITY AND ASSISTANCE WITH OTHER EDUCATIONAL INITIATIVES | $10,000 | 2025 |
| 2.00 |
| $0 |
| Patricia Hendrickson | DIRECTOR | 2.00 | $0 |
| Andrew Hjelle | DIRECTOR | 2.00 | $0 |
| Gayle Wahner | DIRECTOR | 2.00 | $0 |
| Joe Ward | DIRECTOR | 2.00 | $0 |
| Ted Peterson | DIRECTOR | 2.00 | $0 |
| Douglas Ralston | PRESIDENT/CEO | 40.00 | $382,809 |
| Constance Carter | CFO (THRU MAY 2025) | 40.00 | $193,981 |
| Jarred Bohlin | CFO | 40.00 | $135,246 |
| Dave Horak | MERGER TRANSITION CONSULTANT | 40.00 | $136,421 |
| Cyndy Carlson | CHR & BUSINESS STRATEGY | 40.00 | $107,886 |
| Nathan Tepoel | SVP OF LENDING | 40.00 | $103,561 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Dec 31, 2024IRS bulk XML
Filing id 202533119349300248
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202431239349302103
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202333039349301778
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202221239349301962
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202120989349301407
Form 990 · FY2019 · period ending Dec 31, 2019
Filing id 202041339349302494
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201933189349309093
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201843259349300709
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.