Co-Op Credit Union
Black River Falls, WI · EIN 39-0745853 · Rank 13,834 by total revenue
Serving our members, where they are, through all stages of life.
Money, Form 990 for tax year 2025
- Total revenue
- $32,911,198
- Total expenses
- $26,885,527
- Total assets
- $601,424,382
- Salary base (all salaries and wages)
- $4,809,272
- Salaries, other pay and benefits
- $7,513,887
- Employees
- 124
- Salary base per employee
- $38,784
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (14)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Timothy Tranberg | PRESIDENT/CEO | Officer | 40 | $287,495 |
| Michele Steien | CHIEF TALENT OFFICER | Officer | 40 | $170,264 |
| Megan Ellingson | CHIEF FINANCIAL OFFICER | Officer | 40 | $164,431 |
| Marianne Torkelson | CHIEF DEVELOPMENT OFFICER | Officer | 40 | $159,143 |
| Jayme Thompson | CHIEF LENDING OFFICER | Officer | 40 | $158,742 |
| Kris Goetzka | CHIEF OPERATIONS OFFICER | Officer | 40 | $151,031 |
| Eric Skogstad | CHIEF COMPLIANCE OFFICER | Officer | 40 | $129,148 |
| Sarah Lebakken | VICE CHAIR | Board, Officer | 1 | $8,530 |
| David Overlien | SECRETARY | Board, Officer | 1 | $7,867 |
| Timothy Torkelson | CHAIR | Board, Officer | 1 | $7,608 |
| Steven Hogden | TREASURER | Board, Officer | 1 | $6,460 |
| Timothy Byom | DIRECTOR | Board | 1 | $7,170 |
| David Olson | DIRECTOR | Board | 1 | $6,925 |
| Carol Martin | DIRECTOR | Board | 1 | $6,449 |
Top 10 paid people listed
These 10 people received $1,480,267, which is 30.8% of the $4,809,272 salary base shared by 124 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Timothy Tranberg | PRESIDENT/CEO | Officer | 40 | $236,139 | $0 | $51,356 | $287,495 |
| Michele Steien | CHIEF TALENT OFFICER | Officer | 40 | $135,794 | $0 | $34,470 | $170,264 |
| Megan Ellingson | CHIEF FINANCIAL OFFICER | Officer | 40 | $115,956 | $0 | $48,475 | $164,431 |
| Marianne Torkelson | CHIEF DEVELOPMENT OFFICER | Officer | 40 | $115,728 | $0 | $43,415 | $159,143 |
| Jayme Thompson | CHIEF LENDING OFFICER | Officer | 40 | $120,955 | $0 | $37,787 | $158,742 |
| Kris Goetzka | CHIEF OPERATIONS OFFICER | Officer | 40 | $115,224 | $0 | $35,807 | $151,031 |
| Kim Byom | VP OPERATIONS | Highly paid employee | 40 | $100,806 | $0 | $29,831 | $130,637 |
| Eric Skogstad | CHIEF COMPLIANCE OFFICER | Officer | 40 | $115,704 | $0 | $13,444 | $129,148 |
| Stephanie Aleckson | VP ACCOUNTING | Highly paid employee | 40 | $108,321 | $0 | $12,525 | $120,846 |
| Sarah Lebakken | VICE CHAIR | Board, Officer | 1 | $8,530 | $0 | $0 | $8,530 |
Sources
- IRS e-file return 202611259349300831 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 39-0745853
- Organization website (as filed): www.coopcu.com