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Elm River 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Organization summary might be incomplete or out of date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.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$0 (2022)

Expenses
$0 (2022)

Total Assets
$0 (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Former Ceo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,166,734
Expenses
$855,014
Net Income
$311,720
Net Assets
$33,746,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $13,751
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $157,035
13.5%
Net Inventory Sales $0
Other Revenue $995,948
85.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $160,461
18.8%
Professional Fundraising Fees $0
Other Salaries and Wages $233,123
27.3%
Assets/Debt
Total Assets $33,835,086
Total Liabilities $88,209
Net Assets $33,746,877
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $142,800 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Ronald Stuart Swandal (Secretary) $0 $0 $0
Bruce Christmann (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Ronald Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,041,491
Expenses
$860,419
Net Income
$181,072
Net Assets
$28,288,810
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $21,337
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,020,154
98.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $145,002
16.9%
Professional Fundraising Fees $0
Other Salaries and Wages $204,388
23.8%
Assets/Debt
Total Assets $28,458,173
Total Liabilities $169,363
Net Assets $28,288,810
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $136,468 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Ronald Stuart Swandal (Secretary) $0 $0 $0
Bruce Christmann (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Ronald Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,124,069
Expenses
$857,482
Net Income
$266,587
Net Assets
$25,215,846
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $78,884
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,045,185
93.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $145,002
16.9%
Professional Fundraising Fees $0
Other Salaries and Wages $207,669
24.2%
Assets/Debt
Total Assets $25,383,210
Total Liabilities $167,364
Net Assets $25,215,846
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $145,002 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Ronald Stuart Swandal (Secretary) $0 $0 $0
Bruce Christmann (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Ronald Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,040,107
Expenses
$805,306
Net Income
$234,801
Net Assets
$25,849,932
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $54,212
5.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $985,895
94.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $138,668
17.2%
Professional Fundraising Fees $0
Other Salaries and Wages $216,134
26.8%
Assets/Debt
Total Assets $26,013,110
Total Liabilities $163,178
Net Assets $25,849,932
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $138,668 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Ronald Stuart Swandal (Secretary) $0 $0 $0
Bruce Christmann (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Ronald Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$993,350
Expenses
$748,830
Net Income
$244,520
Net Assets
$24,902,075
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $21,231
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $972,119
97.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $135,164
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $206,463
27.6%
Assets/Debt
Total Assets $25,022,092
Total Liabilities $120,017
Net Assets $24,902,075
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $135,164 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Ronald Stuart Swandal (Secretary) $0 $0 $0
Bruce Christmann (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Ronald Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$998,153
Expenses
$794,523
Net Income
$203,630
Net Assets
$22,800,273
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8,169
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $989,984
99.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $137,000
17.2%
Professional Fundraising Fees $0
Other Salaries and Wages $207,141
26.1%
Assets/Debt
Total Assets $22,907,010
Total Liabilities $106,737
Net Assets $22,800,273
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $137,000 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Ronald Stuart Swandal (Secretary) $0 $0 $0
Bruce Christmann (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Ronald Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,048,641
Expenses
$747,010
Net Income
$301,631
Net Assets
$22,984,964
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,657
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,036,984
98.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $128,983
17.3%
Professional Fundraising Fees $0
Other Salaries and Wages $215,605
28.9%
Assets/Debt
Total Assets $23,074,326
Total Liabilities $89,362
Net Assets $22,984,964
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $128,983 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Robert Clarke (Secretary) $0 $0 $0
Ronald Stuart Swandal (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Ronald Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,047,409
Expenses
$736,623
Net Income
$310,786
Net Assets
$23,344,083
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17,369
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,030,040
98.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,130
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $215,743
29.3%
Assets/Debt
Total Assets $23,451,464
Total Liabilities $107,381
Net Assets $23,344,083
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $119,130 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Robert Clarke (Secretary) $0 $0 $0
R Stuart Swandal (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
R Stuart Swandal (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,009,400
Expenses
$708,081
Net Income
$301,319
Net Assets
$22,381,554
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $26,994
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $982,406
97.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $113,419
16.0%
Professional Fundraising Fees $0
Other Salaries and Wages $188,603
26.6%
Assets/Debt
Total Assets $23,078,187
Total Liabilities $696,633
Net Assets $22,381,554
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Olstad (Ceo) $113,419 $0 $0
Randy Cramer (President) $0 $0 $0
Harvey Abraham (Vice President) $0 $0 $0
Robert Clarke (Secretary) $0 $0 $0
Gary Bommersbach (Board Member) $0 $0 $0
Dale Bjerke (Board Member) $0 $0 $0
Dale Bjerke (Credit Committee Chairman) $0 $0 $0
Harvey Abraham (Credit Committee Member) $0 $0 $0
James Lindseth (Credit Committee Member) $0 $0 $0
Randy Cramer (Credit Committee Member) $0 $0 $0
Gary Bommersbach (Credit Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$987,715
Expenses
$707,856
Net Income
$279,859
Net Assets
$21,721,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $23,415
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $964,300
97.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $110,845
15.7%
Professional Fundraising Fees $0
Other Salaries and Wages $181,193
25.6%
Assets/Debt
Total Assets $21,809,230
Total Liabilities $88,016
Net Assets $21,721,214

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$905,021
Expenses
$711,197
Net Income
$193,824
Net Assets
$19,153,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $18,654
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $886,367
97.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $95,910
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $177,528
25.0%
Assets/Debt
Total Assets $19,236,667
Total Liabilities $83,151
Net Assets $19,153,516

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

Fiscal Year Ending Dec.
2004

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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