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Co-Op Credit Union

Public charity · Grantmaker Black River Falls, WI EIN: 39-0745853 Website

Serving our members, where they are, through all stages of life.

Key facts about Co-Op Credit Union

In short: Co-Op Credit Union reported $59K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
39-0745853
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$58,552 — reported as a total on the IRS filing, without an itemized list
Total assets
$601,424,382

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$601.4M

+5.2% YoY

Grants Paid (reported total)

$59K

+21.2% YoY

Revenue

$32.9M

+12.8% YoY

Net Investment Income

$3.0M

-7.6% YoY

About Co-Op Credit Union

Based on IRS filings

Co-Op Credit Union is a public charity, based in Black River Falls, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $601.4M in total assets. In 2025, it reported $59K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $3.0M.

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Geographic Focus

Where this funder awards grants

States

Cities

Eau Claire

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2019 1 grant2020 0 grants2021 0 grants2022 0 grants2023 Total only2024 Total only2025

From 2020 to 2025, annual grant giving ranged from $8K (2020) to $59K (2025). In 2025 it reported $59K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M$40M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$601,424,382$571,744,845$533,756,251
Revenue$32,911,198$29,165,673$22,146,492
Expenses$26,885,527$25,703,272$18,566,876
Net Investment Income$3,013,671$3,261,311$2,204,556

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 5, 2026)

Leadership & Key People

Officers and directors from IRS filings

Co-Op Credit Union is led by Timothy Tranberg, President & CEO on every filing since 2024; all 16 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Timothy Tranberg

    President & CEO

    On filings since 2024

    40 hrs/week

    $206K (2024) → $236K (2025)

  • Timothy Torkelson

    Chair

    On filings since 2019

    1 hr/week

    $7K (2019) → $8K (2025)

  • David Olson

    Director

    On filings since 2019

    1 hr/week

    $8K (2019) → $7K (2025)

  • Timothy Byom

    Director

    On filings since 2019

    1 hr/week

    $8K (2019) → $7K (2025)

  • Carol Martin

    Director

    On filings since 2021

    1 hr/week

    $6K (2021) → $6K (2025)

  • David Overlien

    Secretary

    On filings since 2019

    1 hr/week

    $9K (2019) → $8K (2025)

  • Eric Skogstad

    Chief Compliance Officer

    Vp-Audit & Comptroller → Vice President - Audit & Comptroller, 2024

    Vice President - Audit & Comptroller → Chief Compliance Officer, 2025

    On filings since 2019

    40 hrs/week

    $91K (2019) → $116K (2025)

  • Kris Goetzka

    Chief Operations Officer

    Vp-Operations → Chief Operations Officer, 2020

    On filings since 2019

    40 hrs/week

    $84K (2019) → $115K (2025)

  • Marianne Torkelson

    Chief Development Officer

    Vp-Bus Development → Chief Development Officer, 2023

    On filings since 2019

    40 hrs/week

    $78K (2019) → $116K (2025)

  • Megan Ellingson

    Chief Financial Officer

    Vp-Accounting → Chief Financial Officer, 2020

    On filings since 2019

    40 hrs/week

    $81K (2019) → $116K (2025)

  • Michele Steien

    Chief Talent Officer

    Vp-Hr → Chief Talent Officer, 2020

    On filings since 2019

    40 hrs/week

    $92K (2019) → $136K (2025)

  • Sarah Lebakken

    Vice Chair

    Director → Vice Chair, 2021

    On filings since 2019

    1 hr/week

    $9K (2019) → $9K (2025)

  • Steven Hogden

    Treasurer

    On filings since 2019

    1 hr/week

    $6K (2019) → $6K (2025)

  • Jayme Thompson

    Chief Lending Officer

    Mortgage Lending Manager → Chief Lending Officer, 2024

    On filings since 2021

    40 hrs/week

    $102K (2021) → $121K (2025)

  • Kim Byom

    Vice President Operations

    New on the 2025 filing

    40 hrs/week

    $101K (2025)

  • Stephanie Aleckson

    Vice President Accounting

    New on the 2025 filing

    40 hrs/week

    $108K (2025)

Former officers (4)
  • Former: Eric Chrisinger (2019–2024) — President & CEO
  • Former: Tim Tranberg (2019–2023) — Chief Lending Officer
  • Former: Charles Torgerson (2019–2021) — Vice Chair - Former
  • Former: Cassie Perenchio (2019) — Vp-Marketing

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Timothy Tranberg — President/CEO: $236KTimothy TranbergPresident/CEO$236KMichele Steien — Chief Talent Officer: $136KMichele SteienChief Talent Officer$136KJayme Thompson — Chief Lending Officer: $121KJayme ThompsonChief Lending Officer$121KMegan Ellingson — Chief Financial Officer: $116KMegan EllingsonChief Financial Officer$116KMarianne Torkelson — Chief Development Officer: $116KMarianne TorkelsonChief Development Officer$116KEric Skogstad — Chief Compliance Officer: $116KEric SkogstadChief Compliance Officer$116KKris Goetzka — Chief Operations Officer: $115KKris GoetzkaChief Operations Officer$115KStephanie Aleckson — VP Accounting: $108KStephanie AlecksonVP Accounting$108KKim Byom — VP Operations: $101KKim ByomVP Operations$101KSarah Lebakken — Vice Chair: $9KSarah LebakkenVice Chair$9KDavid Overlien — Secretary: $8KDavid OverlienSecretary$8KTimothy Torkelson — Chair: $8KTimothy TorkelsonChair$8KTimothy Byom — Director: $7KTimothy ByomDirector$7KDavid Olson — Director: $7KDavid OlsonDirector$7KSteven Hogden — Treasurer: $6KSteven HogdenTreasurer$6KCarol Martin — Director: $6KCarol MartinDirector$6K

The highest reported compensation on the 2025 filing was $236K, to Timothy Tranberg (President/CEO). 16 officers or directors reported compensation on that filing.

Frequently asked questions about Co-Op Credit Union

How much does Co-Op Credit Union give each year?

Co-Op Credit Union reported $59K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $48K in grants paid.

How large is Co-Op Credit Union?

Co-Op Credit Union reported $601.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $32.9M.

Where does Co-Op Credit Union operate?

Co-Op Credit Union has awarded grants in Wisconsin.

What is Co-Op Credit Union's EIN?

Co-Op Credit Union's EIN (Employer Identification Number) is 39-0745853. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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