CSCharityScored
87

Novation Credit Union

Other · Oakdale, Minnesota

500 Imperial Ave N, Oakdale, MN 55128-7151

EIN: 410800081· Founded: Sep 1944· 82 years active· Filing Year: 2023

Annual Revenue

$11.3M

Total Expenses

$9.8M

Total Assets

$227.1M

Program Spending

102%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$954K

9.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.0M

Total Payroll

$3.0M

30% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 30%
Other overhead: -2%
Program Revenue$10.0M (89%)
Total Expenses$9.8M (87%)
Payroll$3.0M (30%)
Overhead (non-program)-2%

Trust Score Breakdown

Program Spending Ratio

102% of expenses go to programs

40%

Revenue & Stability

$11.3M annual revenue

15%

Executive Compensation

$954K total officer comp (9.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$227.1M 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.