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HIBBING CO-OP CREDIT UNION

EIN 41-6029419 HIBBING, MN

Revenue 2025
$4,950,073
Expenses 2025
$2,305,539

As filed

Subsection
14
Classification
1000
Street
217 W 42ND ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of CREDIT UNIONS IN THE STATE OF MINNESOTA (EIN 41-6053882). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2025

Mission

HIBBING COOPERATIVE CREDIT UNION IS A STATE-CHARTERED COOPERATIVE ASSOCIATION ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AMONG AND CREATING A SOURCE OF CREDIT FOR ITS MEMBERS.

  • HIBBING COOPERATIVE CREDIT UNION (THE CREDIT UNION) GENERATED 958 LOANS TO OUR MEMBERS IN 2025 THAT TOTALED $13,254,434. THE CREDIT UNION GENERATES LOANS TO BUY NEW AND USED VEHICLES, RECREATIONAL ITEMS, HOUSEHOLD ITEMS AND FOR ANY REASONABLE PURPOSE. THE CREDIT UNION ALSO GENERATES HOME EQUITY LOANS AND OFFERS VISA CREDIT CARDS.

  • HIBBING COOPERATIVE CREDIT UNION OFFERS VARIOUS TYPES OF SAVINGS PRODUCTS TO OUR MEMBERS. ON 12/31/25, OUR MEMBERS HAD ON DEPOSIT $65,859,425 IN 8,850 ACCOUNTS.

  • HIBBING COOPERATIVE CREDIT UNION OFFERS SHARE DRAFT ACCOUNTS TO OUR MEMBERS. ON 12/31/25, WE HAD $21,154,088 IN 3,965 ACCOUNTS.

  • HIBBING COOPERATIVE CREDIT UNION ALSO OFFERS HOME BANKING VIA THE INTERNET, VISA DEBIT CARDS, ATM, AND AUDIO RESPONSE (PHONE) FOR OUR MEMBERS' CONVENIENCE.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Patrick Dilley

    SECRETARY

    Total calculated
    $880
    From this org
    $880
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.3
  • John Dixon

    TREASURER

    Total calculated
    $800
    From this org
    $800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.3
  • Gary S Kangas

    PRESIDENT

    Total calculated
    $880
    From this org
    $880
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.3
  • Rex Lentner

    DIRECTOR

    Total calculated
    $1,320
    From this org
    $1,320
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.3
  • David Simonson

    VICE PRESIDENT

    Total calculated
    $640
    From this org
    $640
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.3
  • Waylon Vitters

    CEO

    Total calculated
    $131,743
    From this org
    $116,702
    From related orgs
    $0
    Other
    $15,041
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $4,950,073
    Expenses
    $2,305,539
    Contributions
    $134,875
    Grants paid
    $0
  • 2024
    Revenue
    $4,607,772
    Expenses
    $2,046,641
    Contributions
    $63,937
    Grants paid
    $0
  • 2023
    Revenue
    $3,958,152
    Expenses
    $1,852,715
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $2,786,287
    Expenses
    $1,800,837
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $2,144,165
    Expenses
    $1,750,422
    Assets (EOY)
    $108,549,436
  • 2020 · 990

    Revenue
    $2,339,189
    Expenses
    $1,861,265
    Assets (EOY)
    $99,660,751
  • 2019 · 990

    Revenue
    $2,815,439
    Expenses
    $1,847,763
    Assets (EOY)
    $83,061,847
  • 2018 · 990

    Revenue
    $2,505,798
    Expenses
    $1,822,509
    Assets (EOY)
    $79,816,422
  • 2017 · 990

    Revenue
    $2,021,096
    Expenses
    $1,751,083
    Assets (EOY)
    $76,472,782
  • 2016 · 990

    Revenue
    $1,824,299
    Expenses
    $1,662,329
    Assets (EOY)
    $73,046,271
  • 2015 · 990

    Revenue
    $1,813,810
    Expenses
    $1,660,259
    Assets (EOY)
    $70,734,952
  • 2014 · 990

    Revenue
    $1,798,695
    Expenses
    $1,679,397
    Assets (EOY)
    $69,446,665
  • 2013 · 990

    Revenue
    $1,784,769
    Expenses
    $1,741,014
    Assets (EOY)
    $67,109,339
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,718,981
    Assets (EOY)
    $63,798,761

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.