Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 5.1% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Up$141,069,501
Up $12,927,554 (+10%) from 2016
Net Assets
Up$11,196,800
Up $804,915 (+7.7%) from 2016
Liabilities
Up$129,872,701
Up $12,122,639 (+10%) from 2016
Revenue
Up$6,403,714
Up $161,171 (+2.6%) from 2016
Expenses
Up$5,598,799
Up $304,465 (+5.8%) from 2016
Net Income
Down$804,915
Down $143,294 (-15%) from 2016
Novation Credit Union is a not-for-profit financial cooperative providing 14,330 member owners with competitively priced financial solutions including real estate and consumer loans, credit cards, savings, checking, and investments. Additional services include ATM/Debit Cards, ATMs, Online Banking, Mobile Banking, Bill Pay and More.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $108,558,156 | $121,108,895 | ▲ $12,550,739 |
| Rtn Earn Endowment Incm Other Fnds | $10,391,885 | $11,196,800 | ▲ $804,915 |
| Savings and Temporary Cash Investments | $11,342,866 | $11,167,935 | ▼ $174,931 |
| Land, Buildings, and Equipment, Net | $2,622,352 | $2,640,465 | ▲ $18,113 |
| Cash and Non-Interest-Bearing Accounts | $946,565 | $1,197,192 | ▲ $250,627 |
| Prepaid Expenses and Deferred Charges | $589,106 | $581,871 | ▼ $7,235 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $128,141,947 | $141,069,501 | ▲ $12,927,554 |
| Other Assets Total | $4,082,902 | $4,373,143 | ▲ $290,241 |
| Liabilities | |||
| Other Liabilities | $116,486,272 | $128,475,567 | ▲ $11,989,295 |
| Accounts Payable and Accrued Expenses | $1,263,790 | $1,397,134 | ▲ $133,344 |
| Total Liabilities | $117,750,062 | $129,872,701 | ▲ $12,122,639 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $10,391,885 | $11,196,800 | ▲ $804,915 |
| Total Liabilities and Net Assets / Fund Balance | $128,141,947 | $141,069,501 | ▲ $12,927,554 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $658,871 | $1,751,197 | $2,410,068 |
| Buildings | $1,053,901 | $875,907 | $1,929,808 |
| Land | $734,664 | - | $734,664 |
| Leasehold Improvements | $146,722 | $178,360 | $325,082 |
| Other Land Buildings | $46,307 | $35,763 | $82,070 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kristi Mukomela | President | FT | $180,930 | $123,809 | $304,739 |
| Sharon Hansen | Chief Financial Officer | FT | $117,756 | $90,462 | $208,218 |
| Scott Henning | Vice President -Marketing, Sales & Member Experience | FT | $108,999 | $35,975 | $144,974 |
| Dolf Moon | Board Member | - | $1,200 | - | $1,200 |
| Shawn Schow | Board Member | - | $1,200 | - | $1,200 |
| Thomas Hangge | Chairman | - | $1,200 | - | $1,200 |
| Matt Juhl | Board Member | - | $1,100 | - | $1,100 |
| Rhonda Graves | Board Member | - | $1,100 | - | $1,100 |
| John McNamara | Board Member | - | $1,000 | - | $1,000 |
| Dan Carlson | Board Member | - | $900 | - | $900 |
| Mary Edinger | Board Member | - | $700 | - | $700 |
| Mike Kronebusch | Board Member | - | $700 | - | $700 |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,872,419 |
| Salaries, Compensation, and Employee Benefits | $506,261 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Information Technology | - | - | - | $664,021 |
| Other Employee Benefits | - | - | - | $263,958 |
| Depreciation Depletion | - | - | - | $260,139 |
| Occupancy | - | - | - | $247,196 |
| Benefits to Members | - | - | - | $220,119 |
| All Other Expenses | - | - | - | $153,167 |
| Payroll Taxes | - | - | - | $141,231 |
| Other Expenses | - | - | - | $118,311 |
| Office Expenses | - | - | - | $113,568 |
| Pension Plan Contributions | - | - | - | $91,972 |
| Advertising | - | - | - | $60,459 |
| Fees for Services Accounting | - | - | - | $33,200 |
| Insurance | - | - | - | $32,345 |
| Conferences and Meetings | - | - | - | $12,281 |
| Travel | - | - | - | $9,912 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $9,100 |
| Interest | - | - | - | $1,447 |
| Total Functional Expenses | $0 | $0 | $0 | $5,598,799 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Checking Accounts | $48,700,230 |
| Regular Shares | $45,207,476 |
| All other Shares and Deposits | $34,567,861 |
“Credit Union with 14,330 member owners.”
“Credit Union with 14,330 member owners elect the volunteer board members in an annual election.”
“Certain provisions by Credit Union Bylaws require the approval of full membership.”
“Form 990 is reviewed by management. Management and board discuss the process used to create the Form 990.”
“A compensation committee reviews survey data and progress on credit union goals and recommends CEO compensation changes to the full board to approval. The CEO reviews survey data and progress on credit union goals in determining management and other employee compensation.”
“Financial statements are posted in the credit union lobby. Governing documents are available upon request.”
“Loans, credit cards, savings, checking, and investments. Additional services include ATM/Debit cards, ATMs, Online Banking, Mobile Banking, Bill Pay and more.”
“Novation Credit Union has a Client Service Agreement with Oasis DEG. As a result, Oasis is the employer for the purpose of paying wages. Oasis also remits all taxes and files all returns under their name and EIN 41-1373641. Oasis is a PEO (Professional Employer Organization) and provides human resource services to their clients.”
“Credit Union Programs: Prepaid Travel and Gift Cards and Wire Transfers - to member owners (14,330 member owners)”
“Novation Credit Union has a Client Service Agreement with Oasis DEG. As a result, Oasis is the employer for the purpose of paying wages. Oasis also remits all taxes and files all returns under their name and EIN 41-1373641. Oasis is a PEO (Professional Employer Organization) and provides human resource services to their clients.”
“Novation Credit Union has a Client Service Agreement with Oasis DEG. As a result, Oasis is the employer for the purpose of paying wages. Oasis also remits all taxes and files all returns under their name and EIN 41-1373641. Oasis is a PEO (Professional Employer Organization) and provides human resource services to their clients.”
“Novation Credit Union has a Client Service Agreement with Oasis DEG. As a result, Oasis is the employer for the purpose of paying wages. Oasis also remits all taxes and files all returns under their name and EIN 41-1373641. Oasis is a PEO (Professional Employer Organization) and provides human resource services to their clients.”
“Novation Credit Union has a Client Service Agreement with Oasis DEG. As a result, Oasis is the employer for the purpose of paying wages. Oasis also remits all taxes and files all returns under their name and EIN 41-1373641. Oasis is a PEO (Professional Employer Organization) and provides human resource services to their clients.”
“Novation Credit Union has a Client Service Agreement with Oasis DEG. As a result, Oasis is the employer for the purpose of paying wages. Oasis also remits all taxes and files all returns under their name and EIN 41-1373641. Oasis is a PEO (Professional Employer Organization) and provides human resource services to their clients.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1263790 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1397134 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Novation Credit Union is a not-for-profit financial cooperative providing 14,330 member owners with competitively priced financial solutions including real estate and consumer loans, credit cards, savings, checking, and investments. Additional services include ATM/Debit Cards, ATMs, Online Banking, Mobile Banking, Bill Pay and more. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 60459 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 153167 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 220119 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Sharon Hansen |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6517398080 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 500 Imperial Avenue |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Oakdale |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 551287151 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 946565 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1197192 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 9100 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 12281 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 220119 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 105774 |
| IRS990/CYOtherExpensesAmt | 0 | 4872419 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 6297940 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 804915 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 506261 |
| IRS990/CYTotalExpensesAmt | 0 | 5598799 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6403714 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 260139 |
| IRS990/Desc | 0 | Provided over 2,666 Vehicle, Home Equity, 1st Mortgages, Student Loans and other loans for over $44.4 million to member owners, and also processed over 226,000 Visa sales transactions totaling $15.8 million for member owners. (14,330 member owners). |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 31 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/ExpenseAmt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 33200 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 50 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 119601 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 91601 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 35975 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | John McNamara |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Shawn Schow |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Matt Juhl |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Rhonda Graves |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Dolf Moon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Mary Edinger |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Dan Carlson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Thomas Hangge |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Mike Kronebusch |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Kristi Mukomela |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Sharon Hansen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Scott Henning |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 1000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 1100 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 1100 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 700 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 900 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 700 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 205698 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 132279 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 108999 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Chief Financial Officer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Vice President -Marketing, Sales & Member Experience |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1954 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 6403714 |
| IRS990/GroupExemptionNum | 0 | 0708 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 664021 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 32345 |
| IRS990/InterestGrp/TotalAmt | 0 | 1447 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 105774 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 105774 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3230 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2841227 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2622352 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2640465 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5481692 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Novation Credit Union is a not-for-profit financial cooperative providing 14,330 member owners with competitively priced financial solutions including real estate and consumer loans, credit cards, savings, checking, and investments. Additional services include ATM/Debit Cards, ATMs, Online Banking, Mobile Banking, Bill Pay and More. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 10391885 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 11196800 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -14068 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 247196 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 113568 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 4082902 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 4373143 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 263958 |
| IRS990/OtherExpensesGrp/Desc | 0 | Oasis DEG Service Fees |
| IRS990/OtherExpensesGrp/Desc | 1 | ATM/debit card and machine expense |
| IRS990/OtherExpensesGrp/Desc | 2 | Loan Servicing |
| IRS990/OtherExpensesGrp/Desc | 3 | Loan Loss Provision |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2075321 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 512221 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 578831 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 118311 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 116486272 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 128475567 |
| IRS990/OtherOrganizationDsc | 0 | Cooperative |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 108558156 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 121108895 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 141231 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 91972 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 589106 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 581871 |
| IRS990/PrincipalOfficerNm | 0 | Kristi Mukomela |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 523000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 524298 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Real Estate Lending |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Consumer Lending |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Investment Center |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Insurance Related Activites |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | Deposit Credit Intermediation |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 3 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 4 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1840915 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2416999 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 391824 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 60996 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 1548804 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1840915 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 2416999 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 391824 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 71226 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 1576976 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 3 | 10230 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 4 | 28172 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Provided competetive Savings and Investment opportunities, and Retirement Planning Services to member owners (14,330 member owners). |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Checking services that include ATM, Debit Cards, Direct Deposit, online banking, BillPay, ACH, and mobile payments to member owners (14,330 member owners). |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | Credit Union Programs: Other Banking Services - Prepaid Travel & Gift Cards, and Wire Transfers - to member owners. (14,330 member owners) |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 179576 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 401934 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 4651414 |
| IRS990/PYOtherRevenueAmt | 0 | 10000 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 5830609 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 948209 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 463344 |
| IRS990/PYTotalExpensesAmt | 0 | 5294334 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 6242543 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 804915 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 10391885 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 11196800 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 11342866 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 11167935 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1053901 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 875907 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1929808 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 658871 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1751197 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2410068 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 734664 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 734664 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 146722 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 178360 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 325082 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 46307 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 35763 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 82070 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 45207476 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 48700230 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 34567861 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Regular Shares |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Checking Accounts |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | All other Shares and Deposits |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2640465 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 128475567 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 180930 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 117756 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 24768 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 14523 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 99041 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 75939 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Kristi Mukomela |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | Sharon Hansen |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | President |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | Chief Financial Officer |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 304739 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 208218 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.
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