Magnifi Financial Credit Union
Magnifi Financial Credit Union is a credit union organization in Melrose, Minnesota.
Its tax id (EIN) is 41-0705136.
It was granted tax-exempt status by IRS in September, 1944.
For detailed information such as income and other financial data of Magnifi Financial Credit Union, refer to the following table.
Profile of Magnifi Financial Credit Union
| Organization Name |
Magnifi Financial Credit Union
|
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| Tax Id (EIN) | 41-0705136 |
|---|
| Address |
20 4th Ave Se,
Melrose,
MN
56352-1356
|
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| In Care of Name | Heath Burg |
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All tax-exempt organizations in zip code 56352
|
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| Tax Period | Asset | Income | Revenue |
|---|
| December, 2017 | $1,027,920,816 | $55,063,544 | $51,224,859 |
| December, 2018 | $1,100,060,228 | $60,731,393 | $57,068,510 |
| December, 2019 | $1,201,921,676 | $68,049,373 | $66,228,219 |
| December, 2020 | $1,453,374,392 | $75,031,009 | $74,850,818 |
| December, 2021 | $1,639,292,297 | $79,519,200 | $78,975,601 |
| December, 2022 | $2,123,114,393 | $88,891,602 | $87,403,819 |
| December, 2023 | $2,335,249,765 | $128,483,879 | $128,720,153 |
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| IRS Exempt Status Ruling Date | September, 1944 |
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| Exempt Status | Unconditional Exemption |
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| Deductibility | Contributions are not deductible |
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Organization's purposes,
activities, & operations |
Association of employees
|
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| Foundation Type | All organizations except 501(c)(3) |
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| Organization Type | Association |
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| Organization Classification |
Credit Union
|
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| Affiliation | Subordinate - This organization is a subordinate in a group ruling. |
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| Primary Return(s) Required to File | 990 (all other) or 990EZ return |
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| Private Foundation Filing Requirement | No need to 990-PF return |
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| Asset Range Reported on Form 990 | $50,000,000 to greater |
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| Income Range Reported on Form 990 | $50,000,000 to greater |
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| Accounting Period | 12 |
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