Logo

Employer Identification Number 41-0683383

LAKE STATE FEDERAL CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:LAKE STATE FEDERAL CREDIT UNION
Employer identification number (EIN):41-0683383
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration LAKE STATE FEDERAL CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE CREDIT UNION IS A NONPROFIT, COOPERATIVE FINANCIAL INSTITUTION. IT IS OWNED AND RUN BY ITS MEMBERS AND ORGANIZED TO SERVE AND PROVIDE THEIR MEMBERS WITH A SAFE PLACE TO SAVE AND BORROW AT REASONABLE RATES. MEMBERS POOL THEIR FUNDS TO MAKE LOANS TO ONE ANOTHER. THE VOLUNTEER BOARD THAT RUNS EACH CREDIT UNION IS ELECTED BY THE MEMBERS.
Number of Employees110
Number of Volunteers20
Year Formed1939

Organization Governance

Legal DomicileMN
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2015-07-01
Total unrelated business incomeUSD $ 27,417
Net unrelated business incomeUSD $ 14,945
Program Service Revenue from prior yearUSD $ 9,152,660
Program Service Revenue from current yearUSD $ 4,753,745
Investment Income from prior yearUSD $ 273,407
Investment Income from current yearUSD $ 231,415
Other Revenue from prior yearUSD $ 36,835
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 6,161,044
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 20,023,297
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 170,082,154
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 190,105,451
Revenues less expenses for current yearUSD $ 191,752
Revenues less expenses for previous yearUSD $ 10,881
Total expenses for current yearUSD $ 4,793,408
Total expenses for previous yearUSD $ 9,452,021
Other expenses in current yearUSD $ 2,073,708
Other expenses in previous yearUSD $ 4,258,891
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,272,991
Employee salary and benefits paid in previous yearUSD $ 4,273,740
Benefits paid to or for members in current yearUSD $ 446,709
Benefits paid to or for members in previous yearUSD $ 919,390
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 4,985,160
Total revenue in previous fiscal yearUSD $ 9,462,902
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2014-12-31
Total unrelated business incomeUSD $ 16,795
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,906,276
Program Service Revenue from current yearUSD $ 9,152,660
Investment Income from prior yearUSD $ 286,015
Investment Income from current yearUSD $ 273,407
Other Revenue from prior yearUSD $ 27,235
Other Revenue from current yearUSD $ 36,835
Gross receipts from all sourcesUSD $ 9,598,133
Net assets / fund balances at end of fiscal yearUSD $ 20,023,297
Net assets / fund balances at beginning of fiscal yearUSD $ 20,012,416
Total liabilities at end of fiscal yearUSD $ 170,082,154
Total liabilities at beginning of fiscal yearUSD $ 163,137,489
Total assets at end of fiscal yearUSD $ 190,105,451
Total assets at beginning of fiscal yearUSD $ 183,149,905
Revenues less expenses for current yearUSD $ 10,881
Revenues less expenses for previous yearUSD $ 408,595
Total expenses for current yearUSD $ 9,452,021
Total expenses for previous yearUSD $ 6,810,931
Other expenses in current yearUSD $ 4,258,891
Other expenses in previous yearUSD $ 2,896,664
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,273,740
Employee salary and benefits paid in previous yearUSD $ 3,223,966
Benefits paid to or for members in current yearUSD $ 919,390
Benefits paid to or for members in previous yearUSD $ 690,301
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 9,462,902
Total revenue in previous fiscal yearUSD $ 7,219,526
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Other Company Names associated with EIN

LAKE STATE CREDIT UNION

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 410683383

USA Location Address
301 ELM AVENUE
MOOSE LAKE
MN
55767
Date first seen: 2008-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup