ZUnclassifiedEIN: 416029419· Ruling Year: 1944

Hibbing Co-op Credit Union

Hibbing, Minnesota

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org7.60×
Peer Median15.40×
💰
$4.0M
Total Revenue
📊
$1.9M
Total Expenses
🏦
$14.1M
Net Assets
📋
$91.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+42.1%
Year-over-year change (2022 → 2023)
Net Margin
+53.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.60
Net assets divided by total expenses
Liabilities-to-Assets
86.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,958,15242%$1,852,7153%$105,085,9445%
2022$2,786,28730%$1,800,8373%$110,217,7492%
2021$2,144,1658%$1,750,4226%$108,549,4369%
2020$2,339,18917%$1,861,2651%$99,660,75120%
2019$2,815,43912%$1,847,7631%$83,061,8474%
2018$2,505,79824%$1,822,5094%$79,816,4224%
2017$2,021,09611%$1,751,0835%$76,472,7825%
2016$1,824,2991%$1,662,329$73,046,2713%
2015$1,813,8101%$1,660,2591%$70,734,9522%
2014$1,798,6951%$1,679,3974%$69,446,6653%
2013$1,784,7695%$1,741,0141%$67,109,3395%
2012$1,887,0764%$1,718,9812%$63,798,76111%
2011$1,963,396$1,754,241$57,256,781

Frequently Asked Questions

What does Hibbing Co-op Credit Union do?

Hibbing Co-op Credit Union is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hibbing Co-op Credit Union financially healthy?

Based on our 9-metric Financial Health Score model, Hibbing Co-op Credit Union has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hibbing Co-op Credit Union generate?

Hibbing Co-op Credit Union reports $5.0M in annual revenue and holds $106.7M in total assets, based on IRS filings.

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