Nonprofit · EIN 45-0283861
MED PARK CREDIT UNION
Tax-exempt · GRAND FORKS, ND 58201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,098,987 | $893,881 | $205,106 | $18,043,465 | $15,115,885 | $2,927,580 |
| December 31, 2024 | 990 | $1,155,269 | $826,515 | $328,754 | $18,010,363 | $15,287,889 | $2,722,474 |
| December 31, 2023 | 990 | $873,873 | $811,012 | $62,861 | $17,083,259 | $14,689,539 | $2,393,720 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,098,987
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $298,588
- Salaries, compensation and benefits (total)
- $399,093
- Professional fundraising fees
- $0
- Accounting fees
- $106,601
Balance sheet and other
- Total assets, start of year
- $18,010,363
- Total assets, end of year
- $18,043,465
- Total liabilities, end of year
- $15,115,885
- Net assets, end of year
- $2,927,580
- Gross receipts
- $1,098,987
- Employees
- 4
- Volunteers
- 13
- Year formed
- 1965
- State of legal domicile
- ND
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 |
|---|---|---|---|
| Veronica Holweger | CEO Highest-paid employee | 40 | $134,097 |
| Sheila Piper | Board member Trustee or director | 1 | $0 |
| Ron Piper | Board Member Trustee or director | 1 | $0 |
| Terra Nuelle | Board Member Trustee or director | 1 | $0 |
| Nancy Miller | Board Member Trustee or director | 1 | $0 |
| Paul Edman | President Officer | 1 | $0 |
| Shelley Bakke | Secretary Officer | 1 | $0 |
| Linda Butler | Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Veronica Holweger | CEO Highest-paid employee | 40 | $120,022 |
| Sheila Piper | Board member Trustee or director | 1 | $0 |
| Ron Piper | Board Member Trustee or director | 1 | $0 |
| Terra Nuelle | Board Member Trustee or director | 1 | $0 |
| Nancy Miller | Board Member Trustee or director | 1 | $0 |
| Paul Edman | President Officer | 1 | $0 |
| Shelley Bakke | Secretary Officer | 1 | $0 |
| Linda Butler | Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Veronica Holweger | CEO Highest-paid employee | 40 | $109,261 |
| Sheila Piper | Board member Trustee or director | 1 | $0 |
| Darla Gunderson | Board Member Trustee or director | 1 | $0 |
| Terra Nuelle | Board Member Trustee or director | 1 | $0 |
| Nancy Miller | Board Member Trustee or director | 1 | $0 |
| Ron Piper | President Officer | 1 | $0 |
| Shelley Bakke | Secretary Officer | 1 | $0 |
| Linda Butler | Vice President Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2150 32ND AVE S STE E, GRAND FORKS, ND 58201-3605
- Principal officer (990 for 2025)
- Veronica Holweger, 2150 32nd Ave S Suite E, Grand Forks, ND 58201
- Signed the 990
- Veronica Holweger, CEO
- Phone
- (701) 757-0793
- Website
- www.medparkcu.com
Mission
Our credit union is a cooperative owned and operated by its members. Our goal is to strengthen our community through social responsiblity and meeting the financial needs of our members, while maintaining our financial stability.
Program accomplishments
- total expenses for all services
- we have none
- we have none
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
- 45-0283861
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $18,043,465
- Income (IRS master file)
- $1,098,987
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,098,987 | $893,881 | $18,043,465 | XML |
| 990 | December 2024 | $1,155,269 | $826,515 | $18,010,363 | IRS |
| 990 | December 2023 | $873,873 | $811,012 | $17,083,259 | XML |
| 990 | December 2022 | $685,194 | $634,863 | $19,926,342 | 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 45-0283861).
Questions about MED PARK CREDIT UNION
- What is the EIN of MED PARK CREDIT UNION?
- The employer identification number (EIN) of MED PARK CREDIT UNION is 45-0283861.
- Is MED PARK CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1954.
- Are donations to MED PARK CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MED PARK 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 MED PARK 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 MED PARK 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 MED PARK CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Veronica Holweger.
- Who are the officers and directors of MED PARK CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $134,097 (Veronica Holweger, CEO).
- How much revenue does MED PARK CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,098,987, expenses of $893,881 and total assets of $18,043,465 at year end.
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