2023-03-08T16:22:07-05:00 2022-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2022-01-01 410448160 NORTHERN STATES POWER ST PAUL CREDIT UNION NORT 6512287668 2303 WHITE BEAR AVE N SUITE A MAPLEWOOD MN 55109 CHARLIE YENNI PRESIDENT 6512287672 2023-03-07 true CHARLIE YENNI 999009999 false BRENT WOOKEY CPA P00062439 6087920843 2023-03-08 X 2022 2023-04-26 12:10:37Z CHARLIE YENNI 2303 WHITE BEAR AVE N SUITE A MAPLEWOOD MN 55109 2022690 false X WWW.MYNSPCU.ORG X 1933 MN TO EARN OUR MEMBERS' TRUST WITH PERSONALIZED SERVICE AND INTEGRITY. 7 7 7 175 295 479 1860595 1791911 215732 208860 5384 5334 2082006 2006584 1650 5215 0 602572 616880 0 0 946944 1148241 1551166 1770336 530840 236248 47099789 45122737 39414503 37868067 7685286 7254670 TO EARN OUR MEMBERS' TRUST WITH PERSONALIZED SERVICE AND INTEGRITY. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 82 NEW DEPOSIT ACCOUNTS IN 2022. AS OF 12/31/22 HAD 2,938 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 55,733 NEW LOANS DURING 2022 AS OF 12/31/22 WE HAD 104,613 OUTSTANDING LOANS RECEIVABLE. false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false true 669 0 true 7 true false false false false false false false false X 7 7 false false false false true true true true true false false false true true true true true true false false X CHARLIE YENNI 6512287668 2303 WHITE BEAR AVE N SUITE A MAPLEWOOD MN 55109 CHARLIE YENNI PRESIDENT 50.00 X 121330 0 35609 TODD RIEBE TREASURER 1.50 X X 1339 0 0 ALEX AUTIO DIRECTOR 0.75 X 961 0 0 BRANDON CRAMER CHAIR 0.50 X X 361 0 0 JENNY BORGERSON RIES SECRETARY 0.25 X X 301 0 0 DARREN KARNES DIRECTOR 0.25 X 272 0 0 CORY BROWN VICE CHAIR 0.25 X X 226 0 0 CHRISTINE MCGINNIS DIRECTOR 0.25 X 181 0 0 THOMAS BREUCKMAN DIRECTOR 0.50 X 179 0 0 125150 35609 1 false true false GREINER CONSTRUCTION 121 S 8TH ST SUITE 1200 MINNEAPOLIS MN 55402 CONSTRUCTION 686579 FIS 8500 GOVERNORS HILL DR SYMMES TOWNSHIP OH 45249 CARD PROCESSING 139675 BRADFORD SCOTT DATA CORP 9465 COUNSELORS ROW INDIANAPOLIS IN 46240 CORE PROCESSOR 127597 FISERV INC 255 FISERV DRIVE BROOKFIELD WI 53045 CARD PROCESSING 116765 4 479 479 INTEREST ON LOANS 522130 1188811 1188811 OTHER MEMBER RELATED REVENUE 522130 365688 365688 MEMBER FEE INCOME 522130 237237 237237 MECH REPAIR INSUR 520000 175 175 1791911 224966 224966 5334 5334 16106 -16106 -16106 -16106 2006584 1775630 175 230300 5215 125150 331324 59385 66178 34843 1745 6109 90040 48768 286428 129000 54488 8562 4870 24986 13892 LOAN SERVICING EXPENSE 356167 DIVIDENDS EXPENSE 113717 PROVISN LOAN LOSS 9469 1770336 0 0 0 160483 149263 5089420 3286834 277421 337133 1657325 1704559 22384531 23591561 420104 331232 997749 38958 21871 958791 16059705 13851980 446181 1028929 465203 47099789 45122737 274993 828988 406270 39139510 36632809 39414503 37868067 X 7685286 7254670 7685286 7254670 47099789 45122737 236248 -594501 -72363 X false false 790203 6585 783618 207546 32373 175173 958791 AFS SECURITIES MATURITY > 1 YR 5836902 F OTHER INVSTMNTS MATURITY > 1 YR 3224000 C HTM SECURITIES MATURITY > 1YR 2976000 C CUOLI 1750088 F SERVION GROUP CUSO 25000 C CO-OP FINANCIAL SVCS CUSO 20000 C MEMBERSHIP PIC ALLOYA CORP FCU 19990 C 13851980 MEMBER SHARES & DEPOSITS 36566557 457F PLAN PAYABLE 66252 36632809 X X X false false false CHARLIE YENNI PRESIDENT 109601 11705 24 16207 19402 156939 CHARIE YENNI PRESIDENT/CEO COLLATERAL ASSIGNMENT SPLIT DOLLAR X 1600000 1704559 false true true 1704559 SCHEDULE L, PART V THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ARRANGEMENT THE IRS REFERS TO AS COLLATERAL ASSIGNMENT SPLIT DOLLAR (CASD). ALTHOUGH THE IRS REQUIRES REPORTING IN PART II ABOVE FOR LOANS TO INTERESTED PERSONS, CASD IS NOT AN ACTUAL LOAN. THERE IS NEITHER A TRANSFER OF FUNDS TO THE PARTICIPANT NOR AN OBLIGATION FOR THE PARTICIPANT TO PAY THOSE FUNDS BACK. INSTEAD, THE CREDIT UNION RECOVERS ITS OUTLAYS PLUS INTEREST FROM THE UNDERLYING POLICY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT PROVIDES DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. THE PRESIDENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE COMPENSATION FOR THE PRESIDENT/CEO. APPROVAL IS NOTED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON RQUEST.