Centricity Credit Union
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 · View filing
Total Assets
$243.0M
-0.3% YoY
Annual Giving
$10K
Grant Count
1
Avg Grant Size
$10K
About Centricity Credit Union
Based on IRS filings
Centricity Credit Union is a nonprofit organization, based in HERMANTOWN, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $243.0M in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $1.7M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
1 open opportunity from Centricity Credit Union
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Centricity Credit Union Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRICITY CREDIT UNION FOUNDATION HERMANTOWN, MN | TO PROVIDE FINANCIAL LITERACY WITHIN THE COMMUNITY AND ASSISTANCE WITH OTHER EDUCATIONAL INITIATIVES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET TAYLOR | CHAIRPERSON | 2 | — |
| MARK THORSTEN | VICE CHAIRPERSON | 2 | — |
| STEPHEN MORGAN | SECRETARY | 2 | — |
| GARRETT BUSCH | DIRECTOR (THRU 06/2024) | 2 | — |
| SCOTT CHRISTENSEN | DIRECTOR | 2 | — |
| PATRICIA HENDRICKSON | DIRECTOR | 2 | — |
| ANDREW HJELLE | DIRECTOR | 2 | — |
| GAYLE WAHNER | DIRECTOR | 2 | — |
| DOUGLAS RALSTON | PRESIDENT/CEO | 40 | $296,025 |
| CONSTANCE CARTER | CFO | 40 | $178,747 |
| JARRED BOHLIN | VP OF FINANCE & RISK MANAGEMENT | 40 | $103,964 |
| JIM SWANSON | VP OF OPERATIONS | 40 | $130,169 |
| NATHAN TEPOEL | SVP OF LENDING | 40 | $101,757 |
Frequently Asked Questions
How large is Centricity Credit Union?
As of 2024, Centricity Credit Union holds $243.0M in total assets with $17.1M in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does Centricity Credit Union operate?
Centricity Credit Union has awarded grants in Minnesota.
What size grants does Centricity Credit Union award?
In 2024, Centricity Credit Union awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is Centricity Credit Union's EIN?
Centricity Credit Union's EIN (Employer Identification Number) is 41-0788273. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Centricity Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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