Northern Communities Credit Union
Duluth, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,189,475↑27% | $5,066,076↑22% | $101,562,045↓3% | — |
| 2022 | $4,887,350↑7% | $4,164,127↑17% | $104,832,624↑3% | — |
| 2021 | $4,585,811↑8% | $3,557,760↑4% | $101,821,358↑13% | — |
| 2020 | $4,233,203↓2% | $3,435,385↑3% | $89,854,744↑19% | — |
| 2019 | $4,305,352↑8% | $3,324,208↑7% | $75,737,048↑3% | — |
| 2018 | $3,985,809↑10% | $3,107,898↓2% | $73,538,535↑2% | — |
| 2017 | $3,623,610↑3% | $3,161,020↓7% | $72,445,089↑1% | — |
| 2016 | $3,507,178↓3% | $3,393,175↓5% | $71,599,116 | — |
| 2015 | $3,617,270↑1% | $3,586,928↓13% | $71,581,899↑1% | — |
| 2014 | $3,571,501 | $4,139,858↑16% | $70,804,340 | — |
| 2013 | $3,583,432↓12% | $3,560,145↓13% | $71,054,873↓3% | — |
| 2012 | $4,092,882 | $4,073,910↑2% | $73,024,140↑7% | — |
| 2011 | $4,098,413 | $3,991,353 | $68,478,730 | — |
Frequently Asked Questions
What does Northern Communities Credit Union do?▼
Northern Communities Credit Union is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Communities Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Northern Communities Credit Union has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Northern Communities Credit Union generate?▼
Northern Communities Credit Union reports $7.3M in annual revenue and holds $108.5M in total assets, based on IRS filings.
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