Z — UnclassifiedEIN: 416029419· Ruling Year: 1944

Hibbing Co-op Credit Union

Hibbing, Minnesota

B+Health Score
74B+

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)

This Org7.60×
Peer Median15.40×
💰
$4.0M
Total Revenue
📊
$1.9M
Total Expenses
🏦
$14.1M
Net Assets
📋
$91.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+42.1%
Year-over-year change (2022 → 2023)
Net Margin
+53.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.60
Net assets divided by total expenses
Liabilities-to-Assets
86.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,958,152↑42%$1,852,715↑3%$105,085,944↓5%
2022$2,786,287↑30%$1,800,837↑3%$110,217,749↑2%
2021$2,144,165↓8%$1,750,422↓6%$108,549,436↑9%
2020$2,339,189↓17%$1,861,265↑1%$99,660,751↑20%
2019$2,815,439↑12%$1,847,763↑1%$83,061,847↑4%
2018$2,505,798↑24%$1,822,509↑4%$79,816,422↑4%
2017$2,021,096↑11%$1,751,083↑5%$76,472,782↑5%
2016$1,824,299↑1%$1,662,329$73,046,271↑3%
2015$1,813,810↑1%$1,660,259↓1%$70,734,952↑2%
2014$1,798,695↑1%$1,679,397↓4%$69,446,665↑3%
2013$1,784,769↓5%$1,741,014↑1%$67,109,339↑5%
2012$1,887,076↓4%$1,718,981↓2%$63,798,761↑11%
2011$1,963,396$1,754,241$57,256,781

Frequently Asked Questions

What does Hibbing Co-op Credit Union do?▼

Hibbing Co-op 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 Hibbing Co-op Credit Union financially healthy?▼

Based on our 9-metric Financial Health Score model, Hibbing Co-op Credit Union has a score of 74/100 (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 Hibbing Co-op Credit Union generate?▼

Hibbing Co-op Credit Union reports $5.0M in annual revenue and holds $106.7M in total assets, based on IRS filings.

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