Members Cooperative Credit Union
To make our communities stronger, our employees happier, and our world better.
Key facts about Members Cooperative Credit Union
In short: Members Cooperative Credit Union gave $88K across 4 grants in 2024 (avg $22K), mostly in Minnesota. Source: 2024 IRS Form 990.
- EIN
- 41-0195345
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $87,500
- Grants made (2024)
- 4
- Average grant
- $21,875
- Median grant
- $10,000
- Total assets
- $1,150,000,075
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$1.2B
-3.7% YoY
Annual Giving
$88K
-8.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$22K
-8.9% YoY
How Members Cooperative Credit Union gives
- Giving fell 20% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Members Cooperative Credit Union
Based on IRS filings
Members Cooperative Credit Union is a public charity, based in Duluth, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2B in total assets. In 2024, it awarded 4 grants totaling $88K. Net investment income was $5.8M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $85K (2022) to $110K (2021). In 2024 it made 4 grants totaling $88K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Grandma's Marathon ($60K). Together the top 4 received $88K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 16 grants of 20 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grandma's Marathon Duluth, MN | Sponsorship and Support of Community Event | $60,000 |
| McCu Community Youth Foundation Duluth, MN | Support Youth Foundation Events | $10,000 |
| University of Minnesota Regents Minneapolis, MN | Sponsorship of College Sports | $10,000 |
| Duluth Air Show Duluth, MN | Sponsorship and Support of Community Event | $7,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,150,000,075 | $1,193,596,347 | $1,152,300,712 |
| Revenue | $65,178,355 | $60,672,514 | $46,427,247 |
| Expenses | $60,606,630 | $60,581,870 | $46,777,629 |
| Net Investment Income | $5,831,954 | $6,280,681 | $-670,322 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 18, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Members Cooperative Credit Union is led by Stephen Ewers, President & CEO on every filing since 2020; all 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Stephen Ewers
President & CEO
On filings since 2020
55 hrs/week
$77K (2020) → $556K (2024)
Doris Dahl
Chair
Vice Chair → Chair, 2021
On filings since 2020
14.7 hrs/week
$4K (2020) → $18K (2024)
John Gilbert
Director
On filings since 2020
6.7 hrs/week
$6K (2020) → $6K (2024)
Russ Salgy
Director
Chair → Director, 2021
On filings since 2020
7.1 hrs/week
$5K (2020) → $6K (2024)
Jennie Siebert
Director
On filings since 2021
6.7 hrs/week
$2K (2021) → $3K (2024)
Joe Wolff
Director
On filings since 2022
3.2 hrs/week
$3K (2022) → $6K (2024)
Peter Vang
Director
On filings since 2022
6.7 hrs/week
$5K (2022) → $5K (2024)
Rodney Bibeau
Director
On filings since 2022
1.3 hrs/week
$1K (2022) → $6K (2024)
Andy Joneson
Vice President It
On filings since 2020
45 hrs/week
$116K (2020) → $175K (2024)
Cory Stenson
Mortgage Manager
On filings since 2020
45 hrs/week
$142K (2020) → $153K (2024)
David Vukelich
Board Vice Chair
Secretary → Board Vice Chair, 2021
On filings since 2020
13.1 hrs/week
$3K (2020) → $12K (2024)
Dianne Carlson
Emeritus Director
Director → Emeritus Director, 2022
On filings since 2020
6.7 hrs/week
$5K (2020) → $3K (2024)
Janet Vold
CIO & COO
On filings since 2020
50 hrs/week
$384K (2020) → $413K (2024)
Nicole Barker
Board Secretary & Treasurer
Director → Board Secretary & Treasurer, 2021
On filings since 2020
6.1 hrs/week
$2K (2020) → $2K (2024)
Ralph Hamann
CFO & Chro
On filings since 2020
50 hrs/week
$338K (2020) → $397K (2024)
Simone Suri
General Counsel
On filings since 2020
50 hrs/week
$295K (2020) → $340K (2024)
Stephan Glonchak
Chief Lending Officer
On filings since 2020
50 hrs/week
$309K (2020) → $334K (2024)
Brae Olson
Vice President Marketing
On filings since 2022
45 hrs/week
$172K (2022) → $183K (2024)
Mary Krohn
Associate Director
On filings since 2023
5 hrs/week
$4K (2023) → $6K (2024)
Nial Andre Muson Klyn
Associate Director
On filings since 2023
4 hrs/week
$3K (2023) → $6K (2024)
Marisa Jerama
Vice President Retail Management
New on the 2024 filing
45 hrs/week
$160K (2024)
Susan Shold
Vice President Human Resources
New on the 2024 filing
45 hrs/week
$163K (2024)
Former officers (13)
- Former: Ryanne Battaglia (2020–2023) — CMO
- Former: Jeffrey Stanley (2022–2023) — Vice President Digital Services
- Former: Paul Miller (2022–2023) — Vice President Data & Analytics
- Former: Theresa Dandrea (2023) — Director
- Former: Tess Dandrea (2020–2022) — Former Director
- Former: Tim Caroline (2021–2022) — Former Director
- Former: Andrew Joe Addy (2020–2021) — Director
- Former: Dave Kauma (2020–2021) — Controller
- Former: Gerald Telker (2020–2021) — Director
- Former: Katherine Stromberg (2020–2021) — Vice President Branch Operations
- Former: Neil Sample (2020–2021) — Business Service Manager
- Former: Matt Rajala (2021) — Director
- Former: Tammy Heikkinen (2020) — President & CEO
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $556K, to Stephen Ewers (President/CEO). 22 officers or directors reported compensation on that filing.
Frequently asked questions about Members Cooperative Credit Union
How much does Members Cooperative Credit Union give each year?
Members Cooperative Credit Union gave $88K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $96K across 4 grants.
What is Members Cooperative Credit Union's typical grant size?
Members Cooperative Credit Union's median grant in 2024 was $10,000, and its average grant was $21,875, across 4 grants on its 2024 IRS Form 990.
Where does Members Cooperative Credit Union give grants?
Members Cooperative Credit Union gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Duluth, MN (3 grants).
Does Members Cooperative Credit Union give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Members Cooperative Credit Union's 2024 IRS Form 990 were described as general or operating support.
How large is Members Cooperative Credit Union?
Members Cooperative Credit Union reported $1.2B in total assets on its 2024 IRS Form 990. Its revenue that year was $65.2M.
What is Members Cooperative Credit Union's EIN?
Members Cooperative Credit Union's EIN (Employer Identification Number) is 41-0195345. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Members Cooperative Credit Union by hand.
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More Funders in Minnesota
Members Cooperative Credit Union down — hundreds of funders to go?