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
No grants recorded for .
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 |
Related Funders
Similar funders by location and focus area
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—
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The Geyer Family Foundation
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Total Given
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Love 4 One Another Charities
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Total Given
$90K
Donald and Luella Zibell Family Foundation
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Assets
—
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Total Given
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Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
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Total Given
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Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Centricity Credit Union on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
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