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Northwoods Community Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Summary charts: organization finances over time

Revenue
$4.09M (2023)

Expenses
$3.67M (2023)

Total Assets
$89.1M (2023)

Total Liabilities
$80.6M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,093,383
Expenses
$3,667,874
Net Income
$425,509
Net Assets
$8,508,864
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,000
0.4%
Program Services $3,784,758
92.5%
Investment Income $270,186
6.6%
Bond Proceeds $0
Royalties $9,513
0.2%
Rental Property Income $12,365
0.3%
Net Fundraising $0
Sales of Assets $1,561
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $254,367
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,023,383
27.9%
Assets/Debt
Total Assets $89,100,475
Total Liabilities $80,591,611
Net Assets $8,508,864
Compensation
Key Employees and Officers Compensation Related Other
Sally Zoesch (President/Ce) $103,971 $0 $55,066
Teresa Gehrman (Exec Vice Pr) $89,772 $0 $47,026
Mirand Wachowski (Vp Lending) $60,624 $0 $4,656
Chris Simon (Chair) $0 $0 $0
Roger Strand (Vice Chair) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Margaret Morgan (Secretary) $0 $0 $0
Jim Braun (Director) $0 $0 $0
Jennifer Euclide (Director) $0 $0 $0
Darla Isham (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,391,900
Expenses
$3,030,402
Net Income
$361,498
Net Assets
$8,161,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,146,553
92.8%
Investment Income $227,818
6.7%
Bond Proceeds $0
Royalties $9,561
0.3%
Rental Property Income $10,575
0.3%
Net Fundraising $0
Sales of Assets -$2,607
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $239,613
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $843,905
27.8%
Assets/Debt
Total Assets $94,055,781
Total Liabilities $85,894,709
Net Assets $8,161,072
Compensation
Key Employees and Officers Compensation Related Other
Sally Zoesch (President/Ce) $99,443 $0 $44,982
Teresa Gehrman (Exec Vice Pr) $84,347 $0 $38,301
Mirand Wachowski (Vp Lending) $55,823 $0 $4,429
Chris Simon (Chair) $0 $0 $0
Roger Strand (Vice Chair) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Margaret Morgan (Secretary) $0 $0 $0
Darla Isham (Director) $0 $0 $0
Jim Braun (Director) $0 $0 $0
Jennifer Euclide (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,125,916
Expenses
$3,119,750
Net Income
$6,166
Net Assets
$8,032,074
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,011,675
96.3%
Investment Income $97,312
3.1%
Bond Proceeds $0
Royalties $9,206
0.3%
Rental Property Income $7,425
0.2%
Net Fundraising $0
Sales of Assets $298
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $259,122
8.3%
Professional Fundraising Fees $0
Other Salaries and Wages $887,134
28.4%
Assets/Debt
Total Assets $95,524,504
Total Liabilities $87,492,430
Net Assets $8,032,074
Compensation
Key Employees and Officers Compensation Related Other
Sally Zoesch (President) $94,250 $0 $45,365
Teresa Gehrman (Vp Lending) $75,791 $0 $38,574
Sandy Kennedy (Compliance O) $45,855 $0 $12,104
Ashley Pankratz (Branch Manag) $35,443 $0 $1,508
Mark Marczak (Vp Operation) $7,783 $0 $2,610
Chris Simon (Chair) $0 $0 $0
Roger Strand (Vice Chair) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Margaret Morgan (Secretary) $0 $0 $0
Darla Isham (Director) $0 $0 $0
Jim Braun (Director) $0 $0 $0
Roger Reas (Director) $0 $0 $0
Jennifer Euclide (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,201,489
Expenses
$3,188,114
Net Income
$13,375
Net Assets
$8,074,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,000
0.6%
Program Services $3,064,732
95.7%
Investment Income $97,992
3.1%
Bond Proceeds $0
Royalties $8,603
0.3%
Rental Property Income $6,187
0.2%
Net Fundraising $0
Sales of Assets $3,975
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $289,228
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $819,798
25.7%
Assets/Debt
Total Assets $87,936,269
Total Liabilities $79,861,393
Net Assets $8,074,876
Compensation
Key Employees and Officers Compensation Related Other
Sally Zoesch (President) $92,415 $0 $39,706
Teresa Gehrman (Vp Lending) $75,344 $0 $36,119
Mark Marczak (Vp Operation) $61,041 $0 $21,001
Sandy Kennedy (Compliance O) $60,428 $0 $29,767
Chris Simon (Chair) $0 $0 $0
Roger Strand (Vice Chair) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Margaret Morgan (Secretary) $0 $0 $0
Darla Isham (Director) $0 $0 $0
Jim Braun (Director) $0 $0 $0
Roger Reas (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,361,861
Expenses
$3,167,302
Net Income
$194,559
Net Assets
$8,060,670
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,143,603
93.5%
Investment Income $199,739
5.9%
Bond Proceeds $0
Royalties $8,519
0.3%
Rental Property Income $10,000
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $279,056
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $795,033
25.1%
Assets/Debt
Total Assets $75,217,715
Total Liabilities $67,157,045
Net Assets $8,060,670
Compensation
Key Employees and Officers Compensation Related Other
Sally Zoesch (President) $87,991 $0 $38,665
Teresa Gehrman (Vp Lending) $76,358 $0 $3,709
Sandy Kennedy (Compliance O) $58,060 $0 $29,069
Mark Marczak (Vp Operation) $56,647 $0 $19,982
Roger Reas (Chair) $0 $0 $0
Chris Simon (Vice Chair) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Margaret Morgan (Secretary) $0 $0 $0
Jim Braun (Director) $0 $0 $0
Roger Strand (Director) $0 $0 $0
Darla Isham (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,155,250
Expenses
$2,985,817
Net Income
$169,433
Net Assets
$7,857,022
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,838,790
90.0%
Investment Income $273,369
8.7%
Bond Proceeds $0
Royalties $8,441
0.3%
Rental Property Income $12,075
0.4%
Net Fundraising $0
Sales of Assets -$32,792
Net Inventory Sales $0
Other Revenue $55,367
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $295,259
9.9%
Professional Fundraising Fees $0
Other Salaries and Wages $733,287
24.6%
Assets/Debt
Total Assets $70,720,451
Total Liabilities $62,863,429
Net Assets $7,857,022
Compensation
Key Employees and Officers Compensation Related Other
Sally J Zoesch (President) $83,279 $0 $30,936
Teresa Gehrman (Vp Lending) $73,282 $0 $3,736
Mark Marczak (Branch Manager) $54,530 $0 $13,339
Sandy Kennedy (Compliance Officer) $52,756 $0 $33,914
Yvonne Mertig (Msr Supervisor) $31,412 $0 $20,741
Jim Braun (Director) $0 $0 $0
Roger Reas (Chair) $0 $0 $0
Roger Strand (Director) $0 $0 $0
Peg Morgan (Secretary) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Chris Simon (Vice Chairman) $0 $0 $0
Darla Isham (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,773,569
Expenses
$2,396,066
Net Income
$377,503
Net Assets
$7,690,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,530,649
91.2%
Investment Income $205,370
7.4%
Bond Proceeds $0
Royalties $8,108
0.3%
Rental Property Income $10,000
0.4%
Net Fundraising $0
Sales of Assets $17,825
0.6%
Net Inventory Sales $0
Other Revenue $1,617
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $241,490
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $679,841
28.4%
Assets/Debt
Total Assets $70,633,934
Total Liabilities $62,943,097
Net Assets $7,690,837
Compensation
Key Employees and Officers Compensation Related Other
Sally J Zoesch (President) $75,374 $0 $30,302
Teresa Gehrman (Vp Lending) $66,537 $0 $3,473
Sandy Kennedy (Compliance Officer) $42,953 $0 $33,085
Mark Marczak (Branch Manager) $29,975 $0 $7,427
Yvonne Mertig (Msr Supervisor) $26,650 $0 $32,248
Jim Braun (Vice Chair) $0 $0 $0
Roger Reas (Chair) $0 $0 $0
Roger Strand (Director) $0 $0 $0
Peg Morgan (Secretary) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Chris Simon (Director) $0 $0 $0
Darla Isham (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,630,536
Expenses
$3,146,464
Net Income
-$515,928
Net Assets
$7,307,704
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,461,795
93.6%
Investment Income $247,135
9.4%
Bond Proceeds $0
Royalties $7,917
0.3%
Rental Property Income $10,300
0.4%
Net Fundraising $0
Sales of Assets -$98,857
Net Inventory Sales $0
Other Revenue $2,246
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $326,491
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $562,620
17.9%
Assets/Debt
Total Assets $71,900,792
Total Liabilities $64,593,088
Net Assets $7,307,704
Compensation
Key Employees and Officers Compensation Related Other
Susan J Schmidt (President) $70,956 $0 $4,606
Teresa Gehrman (Vp Lending) $58,869 $0 $3,042
Sally J Zoesch (Vp Finance) $57,810 $0 $28,881
Julie Lupa (Branch Manager) $40,193 $0 $22,474
Sandy Kennedy (Compliance Officer) $38,977 $0 $28,186
Kathleen Rybak (Dir Business Development) $33,337 $0 $1,635
Yvonne Mertig (Msr Supervisor) $26,349 $0 $27,526
Jim Braun (Vice Chair) $0 $0 $0
Roger Reas (Chair) $0 $0 $0
Roger Strand (Director) $0 $0 $0
Peg Morgan (Secretary) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Chris Simon (Director) $0 $0 $0
Darla Isham (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,771,112
Expenses
$3,059,172
Net Income
-$288,060
Net Assets
$7,821,455
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,597,223
93.7%
Investment Income $218,004
7.9%
Bond Proceeds $0
Royalties $7,849
0.3%
Rental Property Income $10,250
0.4%
Net Fundraising $0
Sales of Assets -$64,061
Net Inventory Sales $0
Other Revenue $1,847
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $363,618
11.9%
Professional Fundraising Fees $0
Other Salaries and Wages $504,940
16.5%
Assets/Debt
Total Assets $74,086,231
Total Liabilities $66,264,776
Net Assets $7,821,455
Compensation
Key Employees and Officers Compensation Related Other
Susan J Schmidt (President) $93,128 $0 $5,916
Teresa Gehrman (Vp Lending) $58,230 $0 $3,016
Sally J Zoesch (Vp Dp Bookkeeping) $52,480 $0 $25,897
Kathleen Rybak (Dir Business Development) $48,163 $0 $2,174
Julie Lupa (Branch Manager) $40,559 $0 $21,443
Sandy Kennedy (Compliance Officer) $39,496 $0 $26,195
Yvonne Mertig (Msr Supervisor) $31,561 $0 $6,728
Jim Braun (Vice Chair) $0 $0 $0
Roger Reas (Chair) $0 $0 $0
Roger Strand (Director) $0 $0 $0
Peg Morgan (Director) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Ginny Bosse (Secretary) $0 $0 $0
Paul Precor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,825,547
Expenses
$2,973,583
Net Income
-$148,036
Net Assets
$8,110,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,778,818
98.3%
Investment Income $167,559
5.9%
Bond Proceeds $0
Royalties $7,257
0.3%
Rental Property Income $10,150
0.4%
Net Fundraising $0
Sales of Assets -$140,224
Net Inventory Sales $0
Other Revenue $1,987
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $339,457
11.4%
Professional Fundraising Fees $0
Other Salaries and Wages $503,462
16.9%
Assets/Debt
Total Assets $78,002,236
Total Liabilities $69,891,689
Net Assets $8,110,547
Compensation
Key Employees and Officers Compensation Related Other
Susan J Schmidt (President) $87,242 $0 $5,569
Teresa Gehrman (Vp Lending) $54,540 $0 $2,849
Sally J Zoesch (Vp Dp Bookkeeping) $49,201 $0 $23,821
Kathleen Rybak (Dir Business Development) $46,759 $0 $2,441
Julie Lupa (Branch Manager) $36,716 $0 $20,069
Sandy Kennedy (Compliance Officer) $35,761 $0 $24,515
Yvonne Mertig (Teller Supervisor) $29,239 $0 $2,544
Jim Braun (Vice Chair) $0 $0 $0
Roger Reas (Chair) $0 $0 $0
Roger Strand (Director) $0 $0 $0
Deb Klatkiewicz (Director) $0 $0 $0
Joan Cooley (Treasurer) $0 $0 $0
Ginny Bosse (Secretary) $0 $0 $0
Paul Precor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,909,534
Expenses
$3,617,909
Net Income
-$708,375
Net Assets
$8,233,310
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,976,152
> 100%
Investment Income $150,359
5.2%
Bond Proceeds $0
Royalties $6,433
0.2%
Rental Property Income $9,900
0.3%
Net Fundraising $0
Sales of Assets -$239,263
Net Inventory Sales $0
Other Revenue $5,953
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $365,964
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $468,881
13.0%
Assets/Debt
Total Assets $77,641,727
Total Liabilities $69,408,417
Net Assets $8,233,310
Compensation
Key Employees and Officers Compensation Related Other
Susan J Schmidt (President) $86,648 $0 $5,358
Sally J Zoesch (Vp Dp Bookkeeping) $53,988 $0 $21,817
Teresa Gehrman (Vp Lending) $53,885 $0 $2,782
Kathleen Rybak (Dir Business Development) $46,213 $0 $576
Sandy Kennedy (Compliance Officer) $41,038 $0 $22,394
Julie Lupa (Branch Manager) $40,937 $0 $17,751
Yvonne Mertig (Teller Supervisor) $28,953 $0 $2,436
Dana Hilgart (Teller Supervisor) $14,302 $0 $8,170
Jim Braun (Vice Chair) $0 $0 $0
Roger Reas (Chair) $0 $0 $0
Dorothy Hilgart (Director) $0 $0 $0
Roger Strand (Director) $0 $0 $0
Deb Klatkiewicz (Director) $0 $0 $0
Joe Wolf (Treasurer) $0 $0 $0
Mary Ann Schoch (Director) $0 $0 $0
Ginny Bosse (Secretary) $0 $0 $0
Paul Precor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,293,702
Expenses
$3,079,030
Net Income
$214,672
Net Assets
$9,022,138
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,196,690
97.1%
Investment Income $135,086
4.1%
Bond Proceeds $0
Royalties $5,562
0.2%
Rental Property Income $9,900
0.3%
Net Fundraising $0
Sales of Assets -$60,759
Net Inventory Sales $0
Other Revenue $7,223
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $286,726
9.3%
Professional Fundraising Fees $0
Other Salaries and Wages $548,308
17.8%
Assets/Debt
Total Assets $77,698,231
Total Liabilities $68,676,093
Net Assets $9,022,138

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,401,749
Expenses
$3,119,275
Net Income
$282,474
Net Assets
$8,784,862
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,287,950
96.7%
Investment Income $128,432
3.8%
Bond Proceeds $0
Royalties $4,532
0.1%
Rental Property Income $9,840
0.3%
Net Fundraising $0
Sales of Assets -$31,306
Net Inventory Sales $0
Other Revenue $2,301
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $306,860
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $479,019
15.4%
Assets/Debt
Total Assets $69,036,582
Total Liabilities $60,251,720
Net Assets $8,784,862

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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