Civic Intelligence

Harbor Pointe Credit Union

EIN 41-0226825 • 501(c)14 • Duluth, MN

View Organization Page

Profile

Credit Union Members save and borrow from each other.

11 W 2nd StreetDuluth, MN 55802

www.dtcu.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.87x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

16.61x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

86th percentile

23%

Higher net margin than 86% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$236,686

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

18th percentile

-1.5%

Faster asset growth than 18% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

41st percentile

11%

Faster revenue growth than 41% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$146,163,101

Down $6,704,330 (-4.4%) from 2022

Liabilities

Down

$130,292,859

Down $8,612,636 (-6.2%) from 2022

Net Assets

Up

$15,870,242

Up $1,908,306 (+14%) from 2022

Operations
Liabilities / Revenue68th percentileNet Margin86th percentile

Revenue

Up

$6,824,977

Up $1,090,634 (+19%) from 2022

Expenses

Up

$5,353,089

Up $767,691 (+17%) from 2022

Net Income

Up

$1,471,888

Up $322,943 (+28%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $71,425,360Liabilities 2010: $65,800,755Net Assets 2010: $5,624,6052010Assets 2011: $74,744,458Liabilities 2011: $68,682,114Net Assets 2011: $6,062,3442011Assets 2012: $82,360,355Liabilities 2012: $75,540,751Net Assets 2012: $6,819,6042012Assets 2013: $87,671,505Liabilities 2013: $80,287,629Net Assets 2013: $7,383,8762013Assets 2014: $92,981,372Liabilities 2014: $84,964,678Net Assets 2014: $8,016,6942014Assets 2015: $99,724,343Liabilities 2015: $90,926,647Net Assets 2015: $8,797,6962015Assets 2016: $106,117,103Liabilities 2016: $96,720,398Net Assets 2016: $9,396,7052016Assets 2017: $110,251,816Liabilities 2017: $100,168,517Net Assets 2017: $10,083,2992017Assets 2018: $112,172,759Liabilities 2018: $101,056,378Net Assets 2018: $11,116,3812018Assets 2019: $120,417,051Liabilities 2019: $108,325,985Net Assets 2019: $12,091,0662019Assets 2020: $137,140,807Liabilities 2020: $123,972,072Net Assets 2020: $13,168,7352020Assets 2021: $155,144,214Liabilities 2021: $141,131,247Net Assets 2021: $14,012,9672021Assets 2022: $152,867,431Liabilities 2022: $138,905,495Net Assets 2022: $13,961,9362022Assets 2023: $146,163,101Liabilities 2023: $130,292,859Net Assets 2023: $15,870,2422023

Latest loaded filing

2023

Assets$146,163,101
Liabilities$130,292,859
Net Assets$15,870,242
Open 2023 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $3,554,7842010Expenses 2011: $3,315,0952011Expenses 2012: $2,936,7612012Revenue 2013: $3,609,557Expenses 2013: $2,941,644Net Income 2013: $667,9132013Revenue 2014: $3,687,295Expenses 2014: $3,085,296Net Income 2014: $601,9992014Revenue 2015: $3,894,847Expenses 2015: $3,128,927Net Income 2015: $765,9202015Revenue 2016: $3,929,691Expenses 2016: $3,331,216Net Income 2016: $598,4752016Revenue 2017: $4,139,411Expenses 2017: $3,447,293Net Income 2017: $692,1182017Revenue 2018: $4,592,855Expenses 2018: $3,569,241Net Income 2018: $1,023,6142018Revenue 2019: $5,063,368Expenses 2019: $4,104,278Net Income 2019: $959,0902019Revenue 2020: $4,999,363Expenses 2020: $3,925,350Net Income 2020: $1,074,0132020Revenue 2021: $5,158,658Expenses 2021: $4,112,578Net Income 2021: $1,046,0802021Revenue 2022: $5,734,343Expenses 2022: $4,585,398Net Income 2022: $1,148,9452022Revenue 2023: $6,824,977Expenses 2023: $5,353,089Net Income 2023: $1,471,8882023

Latest loaded filing

2023

Revenue$6,824,977
Expenses$5,353,089
Net Income$1,471,888
Open 2023 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$146$130$15.9$6.82$5.35$1.47
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$153$139$14.0$5.73$4.59$1.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$155$141$14.0$5.16$4.11$1.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$137$124$13.2$5.00$3.93$1.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$120$108$12.1$5.06$4.10$0.96
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$101$11.1$4.59$3.57$1.02
2017Summary only. Only limited summary data is available for this year.$110$100$10.1$4.14$3.45$0.69
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$106$96.7$9.40$3.93$3.33$0.60
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$99.7$90.9$8.80$3.89$3.13$0.77
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.0$85.0$8.02$3.69$3.09$0.60
2013Detailed filing. Detailed filing data is available for this year.$87.7$80.3$7.38$3.61$2.94$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.4$75.5$6.82$2.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.7$68.7$6.06$3.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.4$65.8$5.62$3.55
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.0
Gross Receipts
$5,122,813
Mission and Program Overview

Mission

Credit Union Members save and borrow from each other.

To meet the borrowing, saving, and investment needs of its members by providing the financial services desired. Members save and borrow from each other.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$86,822,016$92,154,044▲ $5,332,028
Savings and Temporary Cash Investments$23,171,058$34,054,761▲ $10,883,703
Rtn Earn Endowment Incm Other Fnds$10,460,011$11,537,680▲ $1,077,669
Investments in Publicly Traded Securities$3,814,377$5,125,457▲ $1,311,080
Land, Buildings, and Equipment, Net$2,009,484$1,948,525▼ $60,959
Pd in Cap Srpls Land Bldg Eqp Fund$1,631,055$1,631,055→ $0
Investments Other Securities$1,824,000$1,080,000▼ $744,000
Cash and Non-Interest-Bearing Accounts$1,050,605$1,010,220▼ $40,385
Prepaid Expenses and Deferred Charges$67,776$55,848▼ $11,928
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$120,417,051$137,140,807▲ $16,723,756
Other Assets Total$1,657,735$1,711,952▲ $54,217
Liabilities
Other Liabilities$107,908,095$123,545,965▲ $15,637,870
Accounts Payable and Accrued Expenses$417,890$426,107▲ $8,217
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$108,325,985$123,972,072▲ $15,646,087
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,091,066$13,168,735▲ $1,077,669
Total Liabilities and Net Assets / Fund Balance$120,417,051$137,140,807▲ $16,723,756

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$719,663$0$0
Other Land Buildings$0$0$0
Land$638,458-$0
Equipment$242,769$938,180$0
Leasehold Improvements$347,635$0$0
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rick LappiPresident/CEOFT$173,344$40,869$214,213
Lisa HerstadEvpFT$116,548$15,528$132,076
James LundbergVP LendingFT$101,192$12,520$113,712

Board Members and Trustees

NameTitle
Polly JohnBoard Chair
Lisa Mitchell KrocakBoard Vice Chair
Eddie CrawfordBoard Member
J Earl GranoBoard Member
John ArolaBoard Member
Merry WallinBoard Member
Mike FisherBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,587,307
Investment Income
$412,056
Other Revenue
$0
Change in Net Assets
$1,074,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,915,935
Salaries, Compensation, and Employee Benefits$1,724,887
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,001,384
Current Officers, Directors, Trustees, and Key Employees---$460,001
Information Technology---$345,699
Benefits to Members---$284,528
Other Expenses---$264,185
Occupancy---$244,499
Depreciation Depletion---$146,091
Advertising---$128,394
Office Expenses---$117,463
Other Employee Benefits---$112,438
Payroll Taxes---$105,005
Insurance---$78,122
Pension Plan Contributions---$46,059
All Other Expenses---$31,684
Fees for Services Accounting---$18,199
Fees for Services Management---$13,000
Travel---$12,268
Conferences and Meetings---$7,585
Fees for Services Other---$3,985
Fees for Service Investment Mgmnt Fees---$1,641
Fees for Services Legal---$175
Total Functional Expenses$0$0$0$3,925,350
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$123,545,965
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“HPCU has members who each have equal voting rights at the annual meeting”

Form 990, Part VI, Section A, Line 7A

“Credit Union members elect board of directors at the annual business meeting of the Credit Union. Each member has voting rights”

Form 990, Part VI, Section A, Line 7B

“Membership approves changes in by-laws”

Form 990, Part VI, Section B, Line 11B

“Reviewed by CEO and governing body”

Form 990, Part VI, Section B, Line 12C

“Supervisory Committee and independent staff periodically conduct audits for compliance”

Form 990, Part VI, Section B, Line 15

“The Personnel Committee and Human Resource Manager propose the annual salary for the CEO. It is then approved by the Board of Directors. The Board of Directors approve an overall salary increase for the staff. The CEO, EVP and Human Resource Manager work together to determine amounts of individual employee salary increases based on performance.”

Form 990, Part VI, Section C, Line 19

“Governing documents available upon request. Monthly financial statements are posted in each office.”

Filing and Contact Details

Filer

Filer Name
Harbor Pointe Credit Union
EIN
41-0226825
Phone
2187229242
Address
11 W 2nd Street, Duluth, MN 55802

Signing Officer

Name
Lisa Herstad
Title
Vice President
Phone
2187338001
Signed
2021-05-12

Organization Details

Principal Officer
Rick Lappi
Formed
1933
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
33
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“change in investment market value”

Raw XML AppendixShowing 400 of 494 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0417890
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0426107
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To meet the borrowing, saving, and investment needs of its members by providing the financial services desired. Members save and borrow from each other.
IRS990/AdvertisingGrp/TotalAmt0128394
IRS990/AllOtherExpensesGrp/TotalAmt031684
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt0284528
IRS990/BooksInCareOfDetail/PersonNm0Rick Lappi
IRS990/BooksInCareOfDetail/PhoneNum02187229242
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011 W 2nd Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Duluth
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055802
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01050605
IRS990/CashNonInterestBearingGrp/EOYAmt01010220
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0460001
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt07585
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0284528
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0412056
IRS990/CYOtherExpensesAmt01915935
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04587307
IRS990/CYRevenuesLessExpensesAmt01074013
IRS990/CYSalariesCompEmpBnftPaidAmt01724887
IRS990/CYTotalExpensesAmt03925350
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04999363
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0146091
IRS990/Desc0Loan Servicing and Visa Program Expenses
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt033
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt018199
IRS990/FeesForServicesLegalGrp/TotalAmt0175
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt013000
IRS990/FeesForServicesOtherGrp/TotalAmt03985
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt01641
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt039175
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt115528
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt212520
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Rick Lappi
IRS990/Form990PartVIISectionAGrp/PersonNm1Lisa Herstad
IRS990/Form990PartVIISectionAGrp/PersonNm2James Lundberg
IRS990/Form990PartVIISectionAGrp/PersonNm3J Earl Grano
IRS990/Form990PartVIISectionAGrp/PersonNm4Lisa Mitchell Krocak
IRS990/Form990PartVIISectionAGrp/PersonNm5Mike Fisher
IRS990/Form990PartVIISectionAGrp/PersonNm6Merry Wallin
IRS990/Form990PartVIISectionAGrp/PersonNm7Eddie Crawford
IRS990/Form990PartVIISectionAGrp/PersonNm8Polly John
IRS990/Form990PartVIISectionAGrp/PersonNm9John Arola
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0175038
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1116548
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2101192
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1EVP
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP Lending
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01933
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt08950
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0132400
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt05122813
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0345699
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/TotalAmt078122
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0403106
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0403106
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01824000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01080000
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03814377
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05125457
IRS990/IRPDocumentCnt02208
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0938180
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02009484
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01948525
IRS990/LandBldgEquipCostOrOtherBssAmt02886705
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0123450
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To meet the borrowing, saving, and investment needs of its members by providing the financial services desired. Members save and borrow from each other.Credit Union Members save and borrow from each other.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt012091066
IRS990/NetAssetsOrFundBalancesEOYAmt013168735
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt08950
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08950
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0244499
IRS990/OfficeExpensesGrp/TotalAmt0117463
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01657735
IRS990/OtherAssetsTotalGrp/EOYAmt01711952
IRS990/OtherChangesInNetAssetsAmt03656
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0112438
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Share Draft Expense
IRS990/OtherExpensesGrp/Desc2Debit ATM Program Expenses
IRS990/OtherExpensesGrp/TotalAmt0479358
IRS990/OtherExpensesGrp/TotalAmt123587
IRS990/OtherExpensesGrp/TotalAmt2264185
IRS990/OtherLiabilitiesGrp/BOYAmt0107908095
IRS990/OtherLiabilitiesGrp/EOYAmt0123545965
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt01001384
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt086822016
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt092154044
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0105005
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01631055
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01631055
IRS990/PensionPlanContributionsGrp/TotalAmt046059
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt067776
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055848
IRS990/PrincipalOfficerNm0Rick Lappi
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Other Income
IRS990/ProgramServiceRevenueGrp/Desc2Fee Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03783949
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1553996
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2228423
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03783949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1553996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2228423
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Debit ATM card program expenses
IRS990/ProgSrvcAccomActy3Grp/Desc0Draft Account program expenses
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0411593
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0770869
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02070844
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04292499
IRS990/PYRevenuesLessExpensesAmt0959090
IRS990/PYSalariesCompEmpBnftPaidAmt01621841
IRS990/PYTotalExpensesAmt04104278
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05063368
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01074013
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010460011
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011537680
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023171058
IRS990/SavingsAndTempCashInvstGrp/EOYAmt034054761
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0719663
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0719663
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0242769
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0938180
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01180949
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0638458
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0638458
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0347635
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0347635
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0123545965
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Share Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01948525
IRS990ScheduleD/TotalLiabilityAmt0123545965
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0173344
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025869
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Rick Lappi
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0214213
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The Personnel Committee refers to a Compensation study and propoess the annual salary for the CEO. The proposal is brought to the Board of Directors for approval.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HPCU has members who each have equal voting rights at the annual meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Credit Union members elect board of directors at the annual business meeting of the Credit Union. Each member has voting rights
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Membership approves changes in by-laws
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Reviewed by CEO and governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supervisory Committee and independent staff periodically conduct audits for compliance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Personnel Committee and Human Resource Manager propose the annual salary for the CEO. It is then approved by the Board of Directors. The Board of Directors approve an overall salary increase for the staff. The CEO, EVP and Human Resource Manager work together to determine amounts of individual employee salary increases based on performance.

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