Nonprofit · EIN 41-0884474
LATVIAN CREDIT UNION
Tax-exempt · MINNEAPOLIS, MN 55407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $408,919 | $374,471 | $34,448 | $5,813,485 | $5,182,691 | $630,794 |
| December 31, 2024 | 990 | $373,101 | $348,743 | $24,358 | $5,698,725 | $5,102,379 | $596,346 |
| December 31, 2023 | 990 | $303,380 | $300,409 | $2,971 | $5,495,731 | $4,923,743 | $571,988 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $373,624
- Investment income
- $35,295
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $86,695
- Compensation of officers, directors and key employees
- $142,882
- Salaries, compensation and benefits (total)
- $153,884
- Professional fundraising fees
- $0
- Accounting fees
- $7,600
- Occupancy
- $9,234
- Depreciation
- $1,752
- Program services (functional)
- $86,695
- Management and general (functional)
- $287,776
Balance sheet and other
- Total assets, start of year
- $5,698,725
- Total assets, end of year
- $5,813,485
- Total liabilities, end of year
- $5,182,691
- Net assets, end of year
- $630,794
- Gross receipts
- $408,919
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1965
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Santa Kalnite | CEO Key employee | 40 | $81,727 |
| Zinta Pone | Manager Key employee | 28 | $55,145 |
| Vanesa Putnina | Supervisory Committee Officer | 2 | $1,140 |
| Kristine Dabrowski | Supervisory Committee Officer | 2 | $1,065 |
| Imants Pone | Supervisory Committee Officer | 2 | $1,040 |
| Arnold Ozols | Board Member Trustee or director | 1 | $0 |
| Peter Grotans | President of the Board of Directors Trustee or director | 1 | $0 |
| Michael Giga | Board member Trustee or director | 1 | $0 |
| Eriks Strelnieks | Board member Trustee or director | 1 | $0 |
| Vilnis Stolcers | Board member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Santa Kalnite | CEO Key employee | 40 | $78,922 |
| Zinta Pone | Manager Key employee | 28 | $53,097 |
| Vanesa Putnina | Supervisory Committee Officer | 2 | $1,400 |
| KRISTINE DABROWSKI | Supervisory Committee Officer | 2 | $1,140 |
| Imants Pone | Supervisory Committee Officer | 2 | $890 |
| Arnold Ozols | Board Member Trustee or director | 1 | $0 |
| Peter Grotans | President of the Board of Directors Trustee or director | 1 | $0 |
| Michael Giga | Board member Trustee or director | 1 | $0 |
| Eriks Strelnieks | Board member Trustee or director | 1 | $0 |
| Vilnis Stolcers | Board member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Santa Kalnite | CEO Key employee | 40 | $75,967 |
| Zinta Pone | Manager Key employee | 28 | $51,112 |
| Vanesa Putnina | Supervisory Committee Officer | 2 | $960 |
| Kristine Girbe | Supervisory Committee Officer | 2 | $960 |
| Imants Pone | Supervisory Committee Officer | 2 | $960 |
| Arnold Ozols | Board Member Trustee or director | 1 | $0 |
| Peter Grotans | President of the Board of Directors Trustee or director | 1 | $0 |
| Michael Giga | Board member Trustee or director | 1 | $0 |
| Eriks Strelnieks | Board member Trustee or director | 1 | $0 |
| Vilnis Stolcers | Board member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3152 17TH AVE S, MINNEAPOLIS, MN 55407-1821
- Principal officer (990 for 2025)
- Santa Kalnite, 3455 Tyer ST NE, Minneapolis, MN 55418
- Signed the 990
- Santa Kalnite, CEO
- Phone
- (612) 722-5004
- Website
- www.latviancu.com
Mission
State Chartered Credit Union
Program accomplishments
- Interest Paid (dividends) to 732 member accounts.Expenses $82,095
- Donations to Latvian cultural, educational, and sports organizations composed primary of members of those eligible for membership.Expenses $4,600
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0884474
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1944
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0708: CREDIT UNIONS IN THE STATE OF MINNESOTA
- Assets (IRS master file)
- $5,813,485
- Income (IRS master file)
- $408,919
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $408,919 | $374,471 | $5,813,485 | IRS |
| 990 | December 2024 | $373,101 | $348,743 | $5,698,725 | IRS |
| 990 | December 2023 | $303,380 | $300,409 | $5,495,731 | XML |
| 990 | December 2022 | $254,115 | $252,240 | $5,281,332 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0884474).
Questions about LATVIAN CREDIT UNION
- What is the EIN of LATVIAN CREDIT UNION?
- The employer identification number (EIN) of LATVIAN CREDIT UNION is 41-0884474.
- Is LATVIAN CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1944.
- Are donations to LATVIAN CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LATVIAN CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LATVIAN CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LATVIAN CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LATVIAN CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Santa Kalnite.
- Who are the officers and directors of LATVIAN CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 10 people; 5 received compensation from the organization, the highest $81,727 (Santa Kalnite, CEO).
- How much revenue does LATVIAN CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $408,919, expenses of $374,471 and total assets of $5,813,485 at year end.
Other nonprofits in MINNEAPOLIS
- THRIVENT FINANCIAL FOR LUTHERANS EIN 39-0123480 · last filed 990 for 2024
- UCARE MINNESOTA EIN 36-3573805 · last filed 990 for 2025
- ALLINA HEALTH SYSTEM EIN 36-3261413 · last filed 990 for 2024
- FAIRVIEW HEALTH SERVICES EIN 41-0991680 · last filed 990 for 2024
- HENNEPIN HEALTHCARE SYSTEM INC EIN 42-1707837 · last filed 990 for 2024
- STRATACOR EIN 41-1852523 · last filed 990 for 2024
- CHILDRENS HEALTH CARE EIN 41-1754276 · last filed 990 for 2024
- UNIVERSITY OF MINNESOTA PHYSICIANS EIN 41-1843943 · last filed 990 for 2025