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Employees 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Organization summary might be incomplete or out of date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
$8.97M (2023)

Expenses
$6.97M (2023)

Total Assets
$159M (2023)

Total Liabilities
$126M (2023)

Source: Form 990 tax filings from 2013 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
$8,972,529
Expenses
$6,973,003
Net Income
$1,999,526
Net Assets
$32,184,634
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,359,154
70.9%
Investment Income $2,613,375
29.1%
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 $394,077
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $704,470
10.1%
Assets/Debt
Total Assets $158,633,797
Total Liabilities $126,449,163
Net Assets $32,184,634
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $287,077 $0 $68,772
Laurel Hash (Loan Manager) $107,000 $0 $19,840
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Vice Chair) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Jeanne Handeland (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Justine Chrestiansen (Director) $0 $0 $0
Danny Hoffman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,217,747
Expenses
$3,873,087
Net Income
$2,344,660
Net Assets
$30,185,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,139,123
82.7%
Investment Income $1,078,624
17.3%
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 $373,650
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $601,016
15.5%
Assets/Debt
Total Assets $147,822,214
Total Liabilities $117,637,107
Net Assets $30,185,107
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $279,676 $0 $64,658
Laurel Hash (Loan Manager) $93,974 $0 $20,486
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Vice Chair) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Jeanne Handeland (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Justine Chrestiansen (Director) $0 $0 $0
Danny Hoffman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,411,301
Expenses
$2,785,003
Net Income
$2,626,298
Net Assets
$27,840,447
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,778,778
88.3%
Investment Income $632,523
11.7%
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 $352,959
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $530,851
19.1%
Assets/Debt
Total Assets $136,420,831
Total Liabilities $108,580,384
Net Assets $27,840,447
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $245,996 $0 $66,578
Laurel Hash (Loan Manager) $106,963 $0 $19,626
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Vice Chair) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Jeanne Handeland (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Justine Chrestiansen (Director) $0 $0 $0
Danny Hoffman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,619,668
Expenses
$3,222,225
Net Income
$2,397,443
Net Assets
$25,214,149
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,627,476
82.3%
Investment Income $995,912
17.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,720
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $292,069
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $549,100
17.0%
Assets/Debt
Total Assets $118,458,064
Total Liabilities $93,243,915
Net Assets $25,214,149
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $188,299 $0 $65,097
Laurel Hash (Loan Manager) $103,770 $0 $16,713
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Vice Chair) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Jeanne Handeland (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Justine Chrestiansen (Director) $0 $0 $0
Danny Hoffman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,485,363
Expenses
$3,775,122
Net Income
$1,710,241
Net Assets
$22,816,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,413,647
80.5%
Investment Income $1,071,716
19.5%
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 $286,314
7.6%
Professional Fundraising Fees $0
Other Salaries and Wages $516,391
13.7%
Assets/Debt
Total Assets $105,357,507
Total Liabilities $82,540,801
Net Assets $22,816,706
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $184,869 $0 $62,403
Laurel Hash (Loan Manager) $101,445 $0 $14,728
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Vice Chair) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Jeanne Handeland (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Justine Chrestiansen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,772,825
Expenses
$3,450,846
Net Income
$1,321,979
Net Assets
$21,106,463
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,027,142
84.4%
Investment Income $745,683
15.6%
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 $177,230
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $551,649
16.0%
Assets/Debt
Total Assets $97,494,304
Total Liabilities $76,387,841
Net Assets $21,106,463
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $177,230 $0 $58,511
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Vice Chair) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Lowell Swalve (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Jeanne Handeland (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Justine Chrestiansen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,300,269
Expenses
$2,660,404
Net Income
$1,639,865
Net Assets
$19,784,484
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,703,547
86.1%
Investment Income $596,722
13.9%
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 $157,583
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $465,079
17.5%
Assets/Debt
Total Assets $93,937,316
Total Liabilities $74,152,832
Net Assets $19,784,484
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $157,583 $0 $55,844
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Vice Chair) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Lowell Swalve (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Darwin Olesen (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Joel Jorgenson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,882,752
Expenses
$2,257,622
Net Income
$1,625,130
Net Assets
$18,144,619
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,402,212
87.6%
Investment Income $480,540
12.4%
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 $150,641
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $413,064
18.3%
Assets/Debt
Total Assets $89,808,852
Total Liabilities $71,664,233
Net Assets $18,144,619
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $150,641 $0 $55,588
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Board Vice C) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Lowell Swalve (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Darwin Olesen (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Joel Jorgenson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,634,208
Expenses
$2,032,313
Net Income
$1,601,895
Net Assets
$16,519,489
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,220,232
88.6%
Investment Income $413,976
11.4%
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 $148,299
7.3%
Professional Fundraising Fees $0
Other Salaries and Wages $385,917
19.0%
Assets/Debt
Total Assets $85,982,836
Total Liabilities $69,463,347
Net Assets $16,519,489
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $148,299 $0 $49,386
Charlie Nourse (Board Chair) $0 $0 $0
Edward Munn (Board Vice C) $0 $0 $0
Terry Clark (Director) $0 $0 $0
Lowell Swalve (Director) $0 $0 $0
Dan Jondle (Director) $0 $0 $0
Darwin Olesen (Director) $0 $0 $0
Sheila Borchers (Director) $0 $0 $0
Joel Jorgenson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,397,296
Expenses
$2,170,446
Net Income
$1,226,850
Net Assets
$14,917,594
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,032,325
89.3%
Investment Income $364,971
10.7%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $519,640
23.9%
Assets/Debt
Total Assets $83,723,629
Total Liabilities $68,806,035
Net Assets $14,917,594
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $131,210 $0 $31,800
Charles Nourse (Board Member) $0 $0 $0
Edward Munn (Board Member) $0 $0 $0
Terry Clark (Board Member) $0 $0 $0
Lowell Swalve (Board Member) $0 $0 $0
Dan Jondle (Board Member) $0 $0 $0
Darwin Olesen (Board Member) $0 $0 $0
Sheila Borchers (Board Member) $0 $0 $0
Joel Jorgenson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,156,470
Expenses
$1,937,979
Net Income
$1,218,491
Net Assets
$13,690,744
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,823,357
89.4%
Investment Income $333,113
10.6%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $474,702
24.5%
Assets/Debt
Total Assets $79,022,782
Total Liabilities $65,332,038
Net Assets $13,690,744
Compensation
Key Employees and Officers Compensation Related Other
Mark Peters (Ceo) $130,075 $0 $31,800
Charles Nourse (Board Member) $0 $0 $0
Edward Munn (Board Member) $0 $0 $0
Terry Clark (Board Member) $0 $0 $0
Lowell Swalve (Board Member) $0 $0 $0
Dan Jondle (Board Member) $0 $0 $0
Darwin Olesen (Board Member) $0 $0 $0
Sheila Borchers (Board Member) $0 $0 $0
Joel Jorgenson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

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.
2011

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.
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

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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