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Power Co Op 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Organization summary might be incomplete or out of date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.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$2.35M (2023)

Expenses
$1.89M (2023)

Total Assets
$63.8M (2023)

Total Liabilities
$54.3M (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
$2,347,716
Expenses
$1,890,838
Net Income
$456,878
Net Assets
$9,477,940
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,708,443
72.8%
Investment Income $507,796
21.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $131,477
5.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $103,714
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $278,479
14.7%
Assets/Debt
Total Assets $63,785,205
Total Liabilities $54,307,265
Net Assets $9,477,940
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Manager) $103,714 $0 $2,989
Sandra Wurn (Chairperson) $0 $0 $0
Kerri Mertz (Vice Chair) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Dorothy Goodell (President) $0 $0 $0
Ron Collins (Audit Chair) $0 $0 $0
Michael Carpenter (Audit Committee) $0 $0 $0
Hannah Himrod (Audit Committee) $0 $0 $0
Sarah Dornath (Credit Chair) $0 $0 $0
Pamela Conlon (Credit Committe) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,838,871
Expenses
$1,268,379
Net Income
$570,492
Net Assets
$9,021,062
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,228,006
66.8%
Investment Income $361,572
19.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $249,293
13.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $97,386
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $211,703
16.7%
Assets/Debt
Total Assets $56,718,757
Total Liabilities $47,697,695
Net Assets $9,021,062
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Manager) $97,386 $0 $2,836
Dorothy Goodell (Director) $0 $0 $0
Sandra Wurn (Vice Chairman) $0 $0 $0
Ron Collins (Director) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Carla Hofmaster (Chairman) $0 $0 $0
Pamela Conlon (Director) $0 $0 $0
Lee Smith (Director) $0 $0 $0
Kerri Mertz (President) $0 $0 $0
Sarah Dornath (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,585,098
Expenses
$1,097,098
Net Income
$488,000
Net Assets
$8,450,570
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,115,348
70.4%
Investment Income $241,751
15.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $227,999
14.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $88,065
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $167,467
15.3%
Assets/Debt
Total Assets $53,814,360
Total Liabilities $45,363,790
Net Assets $8,450,570
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Vice President) $88,065 $0 $2,283
Dorothy Goodell (Director) $0 $0 $0
Sandra Wurn (Vice Chairman) $0 $0 $0
Ron Collins (Director) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Carla Hofmaster (Chairman) $0 $0 $0
Pamela Conlon (Director) $0 $0 $0
Barb Zabel (Director) $0 $0 $0
Kerri Mertz (President) $0 $0 $0
Sarah Dornath (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,593,392
Expenses
$990,794
Net Income
$602,598
Net Assets
$7,962,570
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,094,580
68.7%
Investment Income $297,646
18.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $201,166
12.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,481
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $151,947
15.3%
Assets/Debt
Total Assets $42,167,943
Total Liabilities $34,205,373
Net Assets $7,962,570
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Vice President) $77,481 $0 $2,248
Dorothy Goodell (Director) $0 $0 $0
Sandra Wurn (Treasurer) $0 $0 $0
Dennis Anderson (President) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Carla Hofmaster (Treasurer) $0 $0 $0
Pamela Conlon (Director) $0 $0 $0
Barb Zabel (Director) $0 $0 $0
Kerri Mertz (Director) $0 $0 $0
Sarah Dornath (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,583,097
Expenses
$844,766
Net Income
$738,331
Net Assets
$7,359,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,021,737
64.5%
Investment Income $356,266
22.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $205,094
13.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $66,046
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $113,285
13.4%
Assets/Debt
Total Assets $34,271,272
Total Liabilities $26,911,300
Net Assets $7,359,972
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Vice President) $66,046 $0 $1,973
Dorothy Goodell (Director) $0 $0 $0
Sandra Wurn (Chairman) $0 $0 $0
Dennis Anderson (President) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Carla Hofmaster (Director) $0 $0 $0
Pamela Conlon (Director) $0 $0 $0
Barb Zabel (Director) $0 $0 $0
Kerri Mertz (Director) $0 $0 $0
Sarah Dornath (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,438,982
Expenses
$780,448
Net Income
$658,534
Net Assets
$6,621,641
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $949,312
66.0%
Investment Income $312,910
21.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $176,760
12.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $60,837
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $101,679
13.0%
Assets/Debt
Total Assets $34,682,461
Total Liabilities $28,060,820
Net Assets $6,621,641
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Vice President) $60,837 $0 $1,817
Dorothy Goodell (Director) $0 $0 $0
Sandra Wurn (Chairman) $0 $0 $0
Dennis Anderson (President) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Carla Hofmaster (Director) $0 $0 $0
Pamela Conlon (Director) $0 $0 $0
Barb Zabel (Director) $0 $0 $0
Carolyn Hartmann (Director) $0 $0 $0
Sarah Dornath (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,309,900
Expenses
$680,833
Net Income
$629,067
Net Assets
$5,963,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $900,592
68.8%
Investment Income $268,244
20.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $141,064
10.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $58,271
8.6%
Professional Fundraising Fees $0
Other Salaries and Wages $99,087
14.6%
Assets/Debt
Total Assets $34,269,496
Total Liabilities $28,306,389
Net Assets $5,963,107
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Vice President) $58,271 $0 $1,740
Sandra Wurn (Chairman) $0 $0 $0
Dennis Anderson (President) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Carla Hofmaster (Director) $0 $0 $0
Joe Hanrahan (Director) $0 $0 $0
Barb Zabel (Director) $0 $0 $0
Carolyn Hartmann (Director) $0 $0 $0
Sarah Dornath (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,172,562
Expenses
$576,094
Net Income
$596,468
Net Assets
$5,331,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $823,633
70.2%
Investment Income $216,720
18.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $132,209
11.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $53,059
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $98,583
17.1%
Assets/Debt
Total Assets $31,720,236
Total Liabilities $26,388,838
Net Assets $5,331,398
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Holden (Vice President) $51,521 $0 $1,538
Julie Day (Chairman) $0 $0 $0
Sandra Wurn (Vice Chair) $0 $0 $0
Dennis Anderson (President) $0 $0 $0
Lori Demuth (Secretary) $0 $0 $0
Carla Hofmaster (Director) $0 $0 $0
Joe Hanrahan (Director) $0 $0 $0
Barb Zabel (Director) $0 $0 $0
Carolyn Hartmann (Director) $0 $0 $0
Don Olson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,177,491
Expenses
$587,318
Net Income
$590,173
Net Assets
$4,734,930
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $806,277
68.5%
Investment Income $209,866
17.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $161,348
13.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $85,270
14.5%
Professional Fundraising Fees $0
Other Salaries and Wages $86,310
14.7%
Assets/Debt
Total Assets $30,292,349
Total Liabilities $25,557,419
Net Assets $4,734,930
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jackie Lerdal (Vice President / Manager) $85,270 $0 $2,558
Julie Day (Chairman) $0 $0 $0
Jon Powvens (Vice Chairman) $0 $0 $0
Dennis Anderson (President) $0 $0 $0
Wendy Lensing (Secretary) $0 $0 $0
Carla Hofmaster (Director) $0 $0 $0
Lori Demuth (Director) $0 $0 $0
Joe Hanrahan (Director) $0 $0 $0
Sandra Suade (Director) $0 $0 $0
Deedee Wurn (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,000,420
Expenses
$653,894
Net Income
$346,526
Net Assets
$4,144,757
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $718,799
71.8%
Investment Income $179,268
17.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $102,353
10.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $79,452
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $60,997
9.3%
Assets/Debt
Total Assets $29,944,216
Total Liabilities $25,799,459
Net Assets $4,144,757
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jacki Lerdal (Vp And Manager) $79,452 $0 $2,384
Brittany Dickey (Chairman) $0 $0 $0
Sandra Sunde (Vice Chairman) $0 $0 $0
Julie Day (President) $0 $0 $0
Deedee Wurn (Secretary) $0 $0 $0
Dennis Anderson (Director) $0 $0 $0
Ray Lathrop (Director) $0 $0 $0
Wendy Lensing (Director) $0 $0 $0
Carla Hofmaster (Director) $0 $0 $0
Tonya Heier (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$975,803
Expenses
$646,103
Net Income
$329,700
Net Assets
$3,798,231
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $732,618
75.1%
Investment Income $150,954
15.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $92,231
9.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $71,186
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $63,355
9.8%
Assets/Debt
Total Assets $28,668,075
Total Liabilities $24,869,844
Net Assets $3,798,231
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jacki Lerdal (Vp And Manager) $71,186 $0 $6,136
Brittany Dickey (Chairman) $0 $0 $0
Sandra Sunde (Vice Chairman) $0 $0 $0
Lisa Shimkat (President) $0 $0 $0
Deedee Wurn (Secretary) $0 $0 $0
Dennis Anderson (Director) $0 $0 $0
Julie Day (Director) $0 $0 $0
Wendy Lensing (Director) $0 $0 $0
Carla Hofmaster (Director) $0 $0 $0
Tonya Heier (Director) $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 »

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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.
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  • 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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