Centricity Credit Union

HERMANTOWN, MN EIN: 41-0788273 Website

WITH LOCATIONS IN HERMANTOWN, DULUTH, AND SUPERIOR, WE ARE A FINANCIAL INSTITUTION OF PEOPLE HELPING PEOPLE. WE CARE ABOUT THE COMMUNITIES WE SERVE AND LOVE GIVING OUR MEMBER THE FINANCIAL EDUCATION THEY NEED TO THRIVE AND ENCOURAGE SAVING TO BUILD ECONOMIC SECURITY FOR THEMSELVES AND THEIR FAMILIES. AT ALL LEVELS OF OUR OPERATION, WE ARE DEDICATED TO PROVIDING OUTSTANDING MEMBER SERVICE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$243.0M

-0.3% YoY

Annual Giving

$10K

Grant Count

1

Avg Grant Size

$10K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20192020202120232024
Metric202420232021
Total Assets$242,958,199$243,810,562$227,596,468
Revenue$17,136,710$14,813,272$11,411,107
Expenses$13,426,580$12,458,670$8,795,053
Qualifying Distributions
Net Investment Income$1,735,695$1,113,618$295,706
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$18K$24K0 grants20191 grants20201 grants20210 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CENTRICITY CREDIT UNION …$10K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Centricity Credit Union fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DOUGLAS RALSTONPRESIDENT/CEO$296KCONSTANCE CARTERCFO$179KJIM SWANSONVP OF OPERATIONS$130KJARRED BOHLINVP OF FINANCE & RISK MANAGEM…$104KNATHAN TEPOELSVP OF LENDING$102K

From 2024 filing

NameTitleHoursCompensation
MARGARET TAYLORCHAIRPERSON2
MARK THORSTENVICE CHAIRPERSON2
STEPHEN MORGANSECRETARY2
GARRETT BUSCHDIRECTOR (THRU 06/2024)2
SCOTT CHRISTENSENDIRECTOR2
PATRICIA HENDRICKSONDIRECTOR2
ANDREW HJELLEDIRECTOR2
GAYLE WAHNERDIRECTOR2
DOUGLAS RALSTONPRESIDENT/CEO40$296,025
CONSTANCE CARTERCFO40$178,747
JARRED BOHLINVP OF FINANCE & RISK MANAGEMENT40$103,964
JIM SWANSONVP OF OPERATIONS40$130,169
NATHAN TEPOELSVP OF LENDING40$101,757

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

DULUTHHERMANTOWN

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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