CSCharityScored
85

Hibbing Co-Op Credit Union

Other · Hibbing, Minnesota

217 W 42Nd St, Hibbing, MN 55746-3024

EIN: 416029419· Founded: Sep 1944· 82 years active· Filing Year: 2023

Annual Revenue

$4.0M

Total Expenses

$1.9M

Total Assets

$105.1M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$119K

6.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$319K

Total Payroll

$438K

24% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 24%
Other overhead: 3%
Program Revenue$1.8M (45%)
Total Expenses$1.9M (47%)
Payroll$438K (24%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$4.0M annual revenue

15%

Executive Compensation

$119K total officer comp (6.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$105.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.