2024-03-06T17:39:37-05:00 2023-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2023-01-01 410226495 DULUTH POLICE DEPARTMENT EMPLOYEES CREDIT UNION DULU 2187305140 2030 N ARLINGTON AVE DULUTH MN 55811 THOMAS EHLE MANAGER / TREASURER 2187305140 2024-03-06 true THOMAS EHLE 999009999 true BRENT WOOKEY CPA P00062439 6087920843 2024-03-06 X 2023 2023-04-26 12:10:37Z THOMAS EHLE 2030 N ARLINGTON AVE DULUTH MN 55811 1191527 false X N/A X CREDIT UNION 1938 MN TO PROMOTE THRIFT AMONG OUR MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. 5 4 3 7 0 0 154921 176729 71460 44316 310 482 226691 221527 0 0 80795 81589 0 0 95762 113349 176557 194938 50134 26589 11020385 8967289 9440179 7360494 1580206 1606795 TO PROMOTE THRIFT AMONG OUR MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 20 NEW DEPOSIT ACCOUNTS IN 2023. AS OF 12/31/23 WE HAD 709 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 125 NEW LOANS DURING 2023. AS OF 12/31/23 WE HAD 316 OUTSTANDING LOANS. 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 false false false false false false false false false false false false false false false false false true 351 0 true 3 true false false false false false false false false X 5 4 false false false false true true true true true false false false false false false true false false X THOMAS EHLE 2187305140 2030 N ARLINGTON AVE DULUTH MN 55811 THOMAS EHLE MANAGER / TR 18.00 X X 32434 0 0 JOHN KALENOWSKI CHAIR 1.00 X X 0 0 0 MILTON HUTA VICE CHAIR 1.00 X X 0 0 0 CLAUDIA JOHNSON SECRETARY 1.00 X X 0 0 0 RICHARD VOLTZKE DIRECTOR 1.00 X 0 0 0 32434 false false false INTEREST ON LOANS 522130 176711 176711 OTHER MEMBER RELATED REVENUE 522130 18 18 176729 65130 65130 482 482 949186 970000 -20814 -20814 -20814 221527 155915 65612 32434 43117 6038 2810 11770 17840 2208 889 13067 6902 DIVIDENDS EXPENSE 56740 LOAN SERVICING EXPENSE 1123 194938 0 0 0 135920 25400 1160033 1750505 4500739 4854864 5117000 2243001 106693 93519 11020385 8967289 350000 9440179 7010494 9440179 7360494 X 1580206 1606795 1580206 1606795 11020385 8967289 26589 X false false OTHER INVESTMENTS W/MATURITY > 1 YR 2233000 C CORP CENTRAL CAPITAL ACCOUNTS 10001 C 2243001 MEMBER SHARES & DEPOSITS 7010494 7010494 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 MANAGEMENT PROVIDES THE INFORMATION TO INDEPENDENT CPA WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE DIRECTORS AT THEIR NEXT BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE MANAGER AND ALL EMPLOYEES, AND THEIR DECISION IS NOTED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST.