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Hibbing Co Op Credit Union

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
$3.96M (2023)

Expenses
$1.85M (2023)

Total Assets
$105M (2023)

Total Liabilities
$91M (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
$3,958,152
Expenses
$1,852,715
Net Income
$2,105,437
Net Assets
$14,075,988
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,796,122
45.4%
Investment Income $2,162,030
54.6%
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 $118,966
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $319,376
17.2%
Assets/Debt
Total Assets $105,085,944
Total Liabilities $91,009,956
Net Assets $14,075,988
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $102,771 $0 $11,679
Rex Lentner (Director) $1,260 $0 $0
Gary S Kangas (President) $840 $0 $0
Patrick Dilley (Secretary) $770 $0 $0
David Simonson (Vice President) $770 $0 $0
John Dixon (Treasurer) $630 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,786,287
Expenses
$1,800,837
Net Income
$985,450
Net Assets
$11,867,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,667,714
59.9%
Investment Income $1,118,573
40.1%
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 $114,641
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $362,214
20.1%
Assets/Debt
Total Assets $110,217,749
Total Liabilities $98,350,275
Net Assets $11,867,474
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $98,768 $0 $11,373
Rex Lentner (Director) $1,280 $0 $0
John Dixon (Treasurer) $840 $0 $0
Gary S Kangas (President) $840 $0 $0
Patrick Dilley (Secretary) $770 $0 $0
David Simonson (Vice President) $770 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,144,165
Expenses
$1,750,422
Net Income
$393,743
Net Assets
$10,591,523
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,815,705
84.7%
Investment Income $328,460
15.3%
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 $111,102
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $360,206
20.6%
Assets/Debt
Total Assets $108,549,436
Total Liabilities $97,957,913
Net Assets $10,591,523
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $95,896 $0 $11,006
Rex Lentner (Director) $1,260 $0 $0
Gary S Kangas (President) $770 $0 $0
John Dixon (Treasurer) $770 $0 $0
Patrick Dilley (Secretary) $770 $0 $0
David Simonson (Vice President) $630 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,339,189
Expenses
$1,861,265
Net Income
$477,924
Net Assets
$10,116,903
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,532,550
65.5%
Investment Income $806,639
34.5%
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 $106,764
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $363,046
19.5%
Assets/Debt
Total Assets $99,660,751
Total Liabilities $89,543,848
Net Assets $10,116,903
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $92,680 $0 $8,894
Rex Lentner (Director) $1,015 $0 $0
Gary S Kangas (President) $840 $0 $0
John Dixon (Treasurer) $840 $0 $0
Patrick Dilley (Secretary) $770 $0 $0
David Simonson (Vice President) $700 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,815,439
Expenses
$1,847,763
Net Income
$967,676
Net Assets
$9,729,700
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,546,350
54.9%
Investment Income $1,269,089
45.1%
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 $102,664
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $362,445
19.6%
Assets/Debt
Total Assets $83,061,847
Total Liabilities $73,332,147
Net Assets $9,729,700
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $89,147 $0 $9,177
Rex Lentner (Director) $1,260 $0 $0
John Dixon (Treasurer) $840 $0 $0
Patrick Dilley (Secretary) $840 $0 $0
Gary S Kangas (President) $770 $0 $0
David Simonson (Vice President) $630 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,505,798
Expenses
$1,822,509
Net Income
$683,289
Net Assets
$8,926,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,497,049
59.7%
Investment Income $1,008,749
40.3%
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 $97,147
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $340,447
18.7%
Assets/Debt
Total Assets $79,816,422
Total Liabilities $70,889,570
Net Assets $8,926,852
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $84,896 $0 $7,265
Rex Lentner (Director) $960 $0 $0
Patrick Dilley (Secretary) $820 $0 $0
John Dixon (Treasurer) $760 $0 $0
Gary S Kangas (President) $750 $0 $0
David Simonson (Vice President) $750 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,021,096
Expenses
$1,751,083
Net Income
$270,013
Net Assets
$8,234,606
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,393,339
68.9%
Investment Income $627,757
31.1%
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 $92,138
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $337,059
19.2%
Assets/Debt
Total Assets $76,472,782
Total Liabilities $68,238,176
Net Assets $8,234,606
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $81,156 $0 $6,463
Gary S Kangas (President) $720 $0 $0
David Simonson (Vice President) $720 $0 $0
John Dixon (Treasurer) $720 $0 $0
Patrick Dilley (Secretary) $720 $0 $0
Rex Lentner (Director) $720 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,824,299
Expenses
$1,662,329
Net Income
$161,970
Net Assets
$7,799,103
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,394,879
76.5%
Investment Income $429,420
23.5%
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 $87,889
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $326,805
19.7%
Assets/Debt
Total Assets $73,046,271
Total Liabilities $65,247,168
Net Assets $7,799,103
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $78,134 $0 $6,068
Gary S Kangas (President) $720 $0 $0
David Simonson (Vice President) $720 $0 $0
Patrick Dilley (Secretary) $720 $0 $0
John Dixon (Treasurer) $660 $0 $0
Keith Saralampi (Director) $0 $0 $0
Rex Lentner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,813,810
Expenses
$1,660,259
Net Income
$153,551
Net Assets
$7,987,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,463,399
80.7%
Investment Income $350,411
19.3%
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 $85,183
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $336,520
20.3%
Assets/Debt
Total Assets $70,734,952
Total Liabilities $62,747,253
Net Assets $7,987,699
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $75,481 $0 $6,194
Gary S Kangas (President) $660 $0 $0
David Simonson (Vice President) $660 $0 $0
Patrick Dilley (Secretary) $660 $0 $0
John Dixon (Treasurer) $660 $0 $0
Darrell Maki (Secretary Until 2/2015) $0 $0 $0
Keith Saralampi (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,798,695
Expenses
$1,679,397
Net Income
$119,298
Net Assets
$7,780,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,533,933
85.3%
Investment Income $264,762
14.7%
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 $81,351
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $344,993
20.5%
Assets/Debt
Total Assets $69,446,665
Total Liabilities $61,666,242
Net Assets $7,780,423
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $73,028 $0 $5,623
David Simonson (Vice President) $720 $0 $0
Gary S Kangas (President) $660 $0 $0
Darrell Maki (Secretary) $660 $0 $0
Patrick Dilley (Treasurer) $660 $0 $0
Keith Saralampi (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,784,769
Expenses
$1,741,014
Net Income
$43,755
Net Assets
$7,543,652
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,549,994
86.8%
Investment Income $234,775
13.2%
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 $78,518
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $357,348
20.5%
Assets/Debt
Total Assets $67,109,339
Total Liabilities $59,565,687
Net Assets $7,543,652
Compensation
Key Employees and Officers Compensation Related Other
Waylon Vitters (Manager) $70,625 $0 $4,833
Patrick Dilley (Treasurer) $690 $0 $0
Gary S Kangas (President) $630 $0 $0
David Simonson (Vice President) $600 $0 $0
Darrell Maki (Secretary) $600 $0 $0
Keith Saralampi (Director) $540 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,887,076
Expenses
$1,718,981
Net Income
$168,095
Net Assets
$7,383,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,623,505
86.0%
Investment Income $263,571
14.0%
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 $76,446
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $369,443
21.5%
Assets/Debt
Total Assets $63,798,761
Total Liabilities $56,415,404
Net Assets $7,383,357

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,963,396
Expenses
$1,754,241
Net Income
$209,155
Net Assets
$7,337,079
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,647,580
83.9%
Investment Income $315,816
16.1%
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 $74,282
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $349,606
19.9%
Assets/Debt
Total Assets $57,256,781
Total Liabilities $49,919,702
Net Assets $7,337,079

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

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

Fiscal Year Ending Dec.
2005

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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