Freedom Community Credit Union

Organization Overview

Freedom Community Credit Union is located in Fargo, ND. The organization was established in 1950. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Freedom Community Credit Union employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Community Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Freedom Community Credit Union generated $809.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $735.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing



Describe the Organization's Mission:

Part 3 - Line 1


Describe the Organization's Program Activity:

Part 3 - Line 4a




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Board, Officers & Key Employees

Name (title)Compensation
Mary Hagen
Chief Exec Officer
Brad Johnson
Thomas Brummer
Paula Johnson
Robbi Foss
Brent Ehrichs
Vice President

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$690,945
Investment income $118,645
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $809,590

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