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United Employees Credit Union

  • Albert Lea, MN
  • Tax-exempt since Sept. 1944
  • EIN: 41-0615030

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.08M (2023)

Expenses
$1.6M (2023)

Total Assets
$57.6M (2023)

Total Liabilities
$50.2M (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
$2,077,547
Expenses
$1,596,167
Net Income
$481,380
Net Assets
$7,386,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,335,482
64.3%
Investment Income $736,079
35.4%
Bond Proceeds $0
Royalties $5,986
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $216,203
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $242,943
15.2%
Assets/Debt
Total Assets $57,604,303
Total Liabilities $50,217,462
Net Assets $7,386,841
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $137,453 $0 $13,221
Margaret Flatness (Vice Preside) $78,750 $0 $5,559
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Grace Steil (Secretary) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Bowron (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on March 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,519,875
Expenses
$1,041,687
Net Income
$478,188
Net Assets
$6,905,460
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,116,506
73.5%
Investment Income $396,766
26.1%
Bond Proceeds $0
Royalties $6,603
0.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,449
19.6%
Professional Fundraising Fees $0
Other Salaries and Wages $230,953
22.2%
Assets/Debt
Total Assets $54,810,012
Total Liabilities $47,904,552
Net Assets $6,905,460
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $130,552 $0 $12,714
Margaret Flatness (Vice Preside) $73,897 $0 $10,825
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Grace Steil (Secretary) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Bowron (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 20, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,487,352
Expenses
$986,632
Net Income
$500,720
Net Assets
$6,427,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,117,955
75.2%
Investment Income $363,313
24.4%
Bond Proceeds $0
Royalties $6,084
0.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $192,990
19.6%
Professional Fundraising Fees $0
Other Salaries and Wages $219,134
22.2%
Assets/Debt
Total Assets $50,981,848
Total Liabilities $44,554,576
Net Assets $6,427,272
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $125,959 $0 $12,394
Margaret Flatness (Vice Preside) $67,031 $0 $21,187
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Grace Steil (Secretary) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Bowron (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on March 21, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,459,020
Expenses
$1,065,927
Net Income
$393,093
Net Assets
$5,926,552
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $985,081
67.5%
Investment Income $468,119
32.1%
Bond Proceeds $0
Royalties $5,820
0.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $194,083
18.2%
Professional Fundraising Fees $0
Other Salaries and Wages $213,186
20.0%
Assets/Debt
Total Assets $48,465,085
Total Liabilities $42,538,533
Net Assets $5,926,552
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $128,022 $0 $12,494
Margaret Flatness (Vice Preside) $66,061 $0 $20,499
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Grace Steil (Secretary) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Bowron (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 20, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,513,337
Expenses
$1,135,475
Net Income
$377,862
Net Assets
$5,533,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,007,980
66.6%
Investment Income $498,588
32.9%
Bond Proceeds $0
Royalties $6,769
0.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $179,457
15.8%
Professional Fundraising Fees $0
Other Salaries and Wages $201,454
17.7%
Assets/Debt
Total Assets $41,710,512
Total Liabilities $36,177,053
Net Assets $5,533,459
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $117,259 $0 $11,889
Margaret Flatness (Vice Preside) $62,198 $0 $19,269
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Michelle Hintz (Director) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Bowron (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on March 27, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,358,102
Expenses
$1,024,707
Net Income
$333,395
Net Assets
$5,155,597
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $962,355
70.9%
Investment Income $389,514
28.7%
Bond Proceeds $0
Royalties $6,233
0.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $175,128
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $192,611
18.8%
Assets/Debt
Total Assets $40,748,349
Total Liabilities $35,592,752
Net Assets $5,155,597
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $216,231 $0 $15,924
Margaret Flatness (Vice Preside) $60,399 $0 $19,060
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Michelle Hintz (Director) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Brown (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 4, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,132,640
Expenses
$915,009
Net Income
$217,631
Net Assets
$4,822,202
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $876,626
77.4%
Investment Income $249,622
22.0%
Bond Proceeds $0
Royalties $6,392
0.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $167,050
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $182,209
19.9%
Assets/Debt
Total Assets $38,607,348
Total Liabilities $33,785,146
Net Assets $4,822,202
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $108,685 $0 $9,032
Margaret Flatness (Vice Preside) $58,365 $0 $18,019
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Michelle Hintz (Secretary) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Brown (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

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990
Filed on April 2, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,023,598
Expenses
$855,034
Net Income
$168,564
Net Assets
$4,604,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $843,467
82.4%
Investment Income $173,699
17.0%
Bond Proceeds $0
Royalties $6,432
0.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $160,845
18.8%
Professional Fundraising Fees $0
Other Salaries and Wages $171,683
20.1%
Assets/Debt
Total Assets $36,081,469
Total Liabilities $31,476,898
Net Assets $4,604,571
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President /) $104,932 $0 $9,207
Margaret Flatness (Vice Preside) $55,913 $0 $16,757
C Thayne Nordland (Board Chair) $0 $0 $0
Steve Guenthner (Vice Chair) $0 $0 $0
Michelle Hintz (Secretary) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Ron Timm (Director) $0 $0 $0
Steve Brown (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
+ View more people

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990
Filed on March 17, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$972,832
Expenses
$828,453
Net Income
$144,379
Net Assets
$4,436,007
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $851,145
87.5%
Investment Income $121,687
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $180,177
21.7%
Professional Fundraising Fees $0
Other Salaries and Wages $152,337
18.4%
Assets/Debt
Total Assets $33,607,366
Total Liabilities $29,171,359
Net Assets $4,436,007
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President) $101,475 $0 $7,238
Margaret Flatness (Vice President) $54,561 $0 $16,903
Steven Bowron (Director) $0 $0 $0
C Thayne Nordland (Chairman) $0 $0 $0
Michelle Hintz (Secretary/Director) $0 $0 $0
Leon Hellickson (Director) $0 $0 $0
Steven Guenthner (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
Ronald Timm (Director) $0 $0 $0
+ View more people

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990
Filed on May 16, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$963,333
Expenses
$851,637
Net Income
$111,696
Net Assets
$4,291,628
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $854,228
88.7%
Investment Income $109,105
11.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $181,846
21.4%
Professional Fundraising Fees $0
Other Salaries and Wages $172,730
20.3%
Assets/Debt
Total Assets $33,429,016
Total Liabilities $29,137,388
Net Assets $4,291,628
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President) $83,777 $0 $29,230
Margaret Flatness (Vice President) $52,625 $0 $16,214
Steven Bowron (Director) $0 $0 $0
C Thayne Nordland (Director) $0 $0 $0
Michelle Hintz (Director) $0 $0 $0
Leon Hellickson (Chairman) $0 $0 $0
Steven Guenthner (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
Ronald Timm (Secretary) $0 $0 $0
+ View more people

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990
Filed on May 12, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,008,797
Expenses
$902,603
Net Income
$106,194
Net Assets
$4,179,932
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $897,287
88.9%
Investment Income $111,510
11.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $172,321
19.1%
Professional Fundraising Fees $0
Other Salaries and Wages $184,499
20.4%
Assets/Debt
Total Assets $32,079,983
Total Liabilities $27,900,051
Net Assets $4,179,932
Compensation
Key Employees and Officers Compensation Related Other
Matt Maras (President) $82,651 $0 $24,898
Margaret Flatness (Vice President) $51,047 $0 $13,725
Steven Bowron (Director) $0 $0 $0
C Thayne Nordland (Director) $0 $0 $0
Michelle Hintz (Director) $0 $0 $0
Linda Gries (Secretary) $0 $0 $0
Leon Hellickson (Chairman) $0 $0 $0
Steven Guenthner (Director) $0 $0 $0
Jay Waltman (Director) $0 $0 $0
Ronald Timm (Director) $0 $0 $0
+ View more people

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990
Filed on May 13, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,049,999
Expenses
$962,171
Net Income
$87,828
Net Assets
$4,073,738
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $928,600
88.4%
Investment Income $121,399
11.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $167,061
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $185,751
19.3%
Assets/Debt
Total Assets $31,994,367
Total Liabilities $27,920,629
Net Assets $4,073,738

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,098,116
Expenses
$1,034,152
Net Income
$63,964
Net Assets
$3,985,910
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $963,643
87.8%
Investment Income $134,473
12.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $160,248
15.5%
Professional Fundraising Fees $0
Other Salaries and Wages $180,372
17.4%
Assets/Debt
Total Assets $31,447,590
Total Liabilities $27,461,680
Net Assets $3,985,910

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated