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Filing year 2024

AREA SCHOOLS CREDIT UNION

Grand Forks, North Dakota·EIN 45-0279071·14
Total revenue
$1.7M
Total assets
$26.5M
Total expenses
$1.7M
Reported officers
10
Mission

TO PROVIDE A SAVINGS FACILITY AND LOANS AND FINANCIAL SERVICES TO THE APPROX.2077 MEMBERS OF THE CREDIT UNION

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Base salaryExecutive compensation

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Climbed 43%
over 2 years

From $77k in 2022 to $110k in 2024.

$77k
2022
$104k
2023
$110k
2024
In today's dollarsEst.
Up 34% in real terms$88k to $119k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

AREA SCHOOLS CREDIT UNION reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.4M
$1.1M
2022
$1.4M
$1.3M
2023
$1.7M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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