CSCharityScored
85

Red Wing Credit Union

Other · Red Wing, Minnesota

3303 N Service Dr, Red Wing, MN 55066-1875

EIN: 410793629· Founded: Sep 1944· 82 years active· Filing Year: 2023

Annual Revenue

$7.7M

Total Expenses

$5.9M

Total Assets

$171.1M

Program Spending

106%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$365K

6.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.2M

Total Payroll

$1.6M

26% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 26%
Other overhead: -6%
Program Revenue$6.2M (81%)
Total Expenses$5.9M (76%)
Payroll$1.6M (26%)
Overhead (non-program)-6%

Trust Score Breakdown

Program Spending Ratio

106% of expenses go to programs

40%

Revenue & Stability

$7.7M annual revenue

15%

Executive Compensation

$365K total officer comp (6.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$171.1M 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.