Town & Country Credit Union

Organization Overview

Town & Country Credit Union is located in Minot, ND. The organization was established in 1942. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Town & Country Credit Union employed 210 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Town & Country Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2022, Town & Country Credit Union generated $29.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $25.0m during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD TRUSTED FINANCIAL RELATIONSHIPS THROUGH PERSONALIZED SERVICE

Describe the Organization's Program Activity:

Part 3 - Line 4a

NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Jay Hight
Director
$0
Brian Nelson
Director
$0
David Ripplinger
Director
$0
Jim Anderson
Director
$0
Delrae Geinert
Chair
$0
Jay Landsiedel
CFO
$279,599

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ncr Corporation
Home Banking, Mobile Banking Product
$278,176
Consolidated Communications
Telephone, Internet, Data Line Communica
$180,174
Lkcs
Statement Provider, New Website Develope
$171,464
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$28,033,911
Investment income $2,160,587
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $112,881
Net Gain/Loss on Asset Sales -$792,528
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,514,851

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