2023-11-15T15:29:52-05:00 2022-12-31 411414667 ESTERBROOKS CPAS LTD 302 W SUPERIOR ST STE200 DULUTH MN 55802 990 2022-01-01 410226110 SHARE ADVANTAGE CREDIT UNION SHAR 2187225931 2502 MAPLE GROVE RD DULUTH MN 55811 KELLEE LUECK-SCHAFER CEO/PRESIDENT 2187225931 2023-11-15 true KELLEE LUECK-SCHAFER 999009999 false MICHAEL A PEDERSON P00454472 2187276846 2023-11-14 2022 2023-04-26 12:10:37Z KELLEE LUECK-SCHAFER 2502 MAPLE GROVE ROAD DULUTH MN 55811 3535639 false X WWW.MYSHAREADVANTAGE.COM X 1926 MN CREDIT UNION SECTION 501(C)(14), TO SERVE THE MEMBERS FINANCIAL NEEDS, TODAY, TOMORROW AND IN THE FUTURE. 7 7 17 0 0 1785110 1763726 201808 347775 140011 114306 2126929 2225807 0 55724 59107 892266 874985 0 0 813577 827261 1761567 1761353 365362 464454 59665207 61488258 54777047 57040002 4888160 4448256 CREDIT UNION SECTION 501(C)(14), TO SERVE THE MEMBERS FINANCIAL NEEDS, TODAY, TOMORROW AND IN THE FUTURE. false false SERVED THE FINANCIAL NEEDS FOR THE 4,132 MEMBERS IN DULUTH, HERMANTOWN AND PROCTOR. - DIVIDENDS & INTEREST - ANNUAL MEETING PRINTING & PROMOTION - NEWSLETTER PUBLICATIONS - INFORMATIONAL BROCHURES false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 674 0 true 17 true false false false false false false false false X 7 7 false false false false true true true true true false false false false false true true true false X KELLEE LUECK-SCHAFER 2187225931 2502 MAPLE GROVE ROAD DULUTH MN 55811 SCOTT NIGON CHAIR 1.00 X 975 0 0 MIKE MARTURANO VICE CHAIR 1.00 X 975 0 0 FLORANNE NYQUIST SECRETARY 1.00 X 900 0 0 STEVE RUCE DIRECTOR 1.00 X 975 0 0 KENT LARSON DIRECTOR 1.00 X 975 0 0 RICHARD ERLANDER DIRECTOR 1.00 X 0 0 0 MARC PETERSON DIRECTOR 1.00 X 375 0 0 COLE MARTIN DIRECTOR 1.00 X 525 0 0 KELLEE LUECK-SCHAFER CEO/PRESIDEN 40.00 X 218040 0 32172 JONI CALVERLY CFO 40.00 X 71700 0 0 295440 32172 1 false true false INTEREST INCOME 522291 1406572 1406572 SERVICE CHARGES & FEE INCOME 522291 357154 357154 1763726 402912 402912 1243295 11400 1300701 9131 -57406 2269 -55137 -55137 STABILIZATION FUNDS RECOVERY 900099 114153 114153 MERCHANDISE SALES 900099 153 153 114306 2225807 1878032 347775 59107 328393 417261 26264 52105 50962 44374 6000 33163 126571 160192 127871 740 4517 68 58477 20755 ATM/DEBIT CARD EXP 140403 COMPUTER MAINTENANCE COST 35965 VISA CC PROGRAM EXP 20481 COURIER EXPENSES 19072 28612 1761353 0 0 0 9829295 9521948 7690153 10518623 33768261 33861834 106603 136208 2159498 1248861 942887 910637 6689648 5805606 551910 633531 86450 99871 59665207 61488258 585209 716359 54191838 56323643 54777047 57040002 X 4888160 4448256 4888160 4448256 59665207 61488258 464454 -904358 X false false false 334984 334984 1824514 1248861 575653 910637 SHARES 54153733 CERT. OF DEPOSITS 1599771 IRA 570139 56323643 X X false false false KELLEE LUECK-SCHAFER CEO/PRESIDENT 125515 20000 72525 11473 20699 250212 FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS MUST MEET THE MEMBERSHIP ELIGIBILITY OF THE CREDIT UNION. THEY WORK FOR CERTAIN EMPLOYERS, WORK FOR THE CREDIT UNION, OR LIVE, WORK, WORSHIP OR ATTEND SCHOOL, BUSINESSES OR OTHER LEGAL ENTITIES LOCATED IN DULUTH, HERMANTOWN, AND PROCTOR, MINNESOTA. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS, EACH SHARE GETS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B THE CREDIT UNION HAS A SUPERVISORY COMMITTEE CONSISTING OF 5 MEMBERS WHO HAS THE RIGHT TO REMOVE A MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE CEO AND CFO OF THE CREDIT UNION ARE GIVEN A COPY OF THE 990 TO REVIEW PRIOR TO THE FILING OF THE FORM BY THE TAX PREPARER. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO/PRESIDENT IS REVIEWED USING COMPARABLE INDUSTRY DATA AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS APPROVE PAYROLL THROUGH THE BUDGET PROCESS. THE MEMBERSHIP APPROVES BOARD COMPENSATION AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST AT THE DULUTH OFFICE.