Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.89x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
$25,863,309
No earlier filing loaded for comparison.
Net Assets
$2,827,237
No earlier filing loaded for comparison.
Liabilities
$23,036,072
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
$1,296,058
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2010 to Dec 31, 2010
- Signed
- Sep 30, 2011
- Return Version
- 2010v3.4
- Gross Receipts
- $1,311,558
Mission and Program Overview
Mission
Wea credit union was created and sponsored by weac for two reasons. To provide a confidential service from which members of weac can borrow money at substantially lower rates of interst than is possible from small loan companies or local lending agencies. And to furnish the opportunity for investment by members who desire to put their money in a safe and helpful business program.
Major Activities
- Activity 2
- The credit union has several types of loan programs available for our members. We funded 2,238 new loans during 2010. As of 12/31/10 we had 2,236 loans to members.
- Activity 3
- .
Filing and Contact Details
Filer
- EIN
- 39-0716620
Raw XML Appendix367 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | false |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 73228 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 141103 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/Activity2/Description | 0 | THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 2,238 NEW LOANS DURING 2010. AS OF 12/31/10 WE HAD 2,236 LOANS TO MEMBERS. |
| IRS990/Activity3/Description | 0 | . |
| IRS990/ActivityOrMissionDescription | 0 | WEA CREDIT UNION WAS CREATED AND SPONSORED BY WEAC FOR TWO REASONS. 1. TO PROVIDE A CONFIDENTIAL SERVICE FROM WHICH MEMBERS OF WEAC CAN BORROW MONEY AT SUBSTANTIALLY LOWER RATES OF INTERST THAN IS POSSIBLE FROM SMALL LOAN COMPANIES OR LOCAL LENDING AGENCIES. 2. TO FURNISH THE OPPORTUNITY FOR INVESTMENT BY MEMBERS WHO DESIRE TO PUT THEIR MONEY IN A SAFE AND HELPFUL BUSINESS PROGRAM. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | PO BOX 8003 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | MADISON |
| IRS990/AddressPrincipalOfficerUS/State | 0 | WI |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 537088003 |
| IRS990/Advertising/Total | 0 | 16817 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 146659 |
| IRS990/CashNonInterestBearing/EOY | 0 | 113055 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 175513 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
| IRS990/ComplianceWithBackupWitholding | 0 | true |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 0 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | true |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/Total | 0 | 50170 |
| IRS990/DescribedIn501C3 | 0 | false |
| IRS990/Description | 0 | THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 188 NEW DEPOSIT ACCOUNTS IN 2010. AS OF 12/31/10 WE HAD 3,199 MEMBERS. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | true |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/DoNotFollowSFAS117 | 0 | X |
| IRS990/ElectionOfBoardMembers | 0 | true |
| IRS990/EmploymentTaxReturnsFiled | 0 | true |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
| IRS990/FeesForServicesOther/Total | 0 | 6000 |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 8 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 9 | 40.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | DOUG FRITSCH |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | KATHRYN NAUTA |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | WRONALD SMITH |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | ROBERT MOELLER |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | RYAN MADDEN |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | MICHAEL STOLL |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | MALLORY KEENER |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | MARK A SCHRIMPF |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | STANLEY T WILLIAMS |
| IRS990/Form990PartVIISectionA/NamePerson | 9 | LOUISE A EGIZI |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 6 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 39741 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 8 | 36178 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 9 | 34452 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 74482 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 8 | 55419 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 9 | 45612 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 9 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | TREASURER |
| IRS990/Form990PartVIISectionA/Title | 1 | SECRETARY |
| IRS990/Form990PartVIISectionA/Title | 2 | CHAIR |
| IRS990/Form990PartVIISectionA/Title | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 4 | VICE CHAIR |
| IRS990/Form990PartVIISectionA/Title | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 7 | PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 8 | VICE-PRESIDE |
| IRS990/Form990PartVIISectionA/Title | 9 | OPERATIONS M |
| IRS990/Form990ProvidedToGoverningBody | 0 | false |
| IRS990/Form990-TFiled | 0 | true |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | false |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/GainOrLoss/Other | 0 | 225 |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossAmountSalesAssets/Other | 0 | 5225 |
| IRS990/GrossReceipts | 0 | 1311558 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | false |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/Total | 0 | 38229 |
| IRS990/Insurance/Total | 0 | 21340 |
| IRS990/Interest/Total | 0 | 8 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 124749 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 124524 |
| IRS990/InvestmentIncomePriorYear | 0 | 161930 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 124524 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestmentsProgramRelated/BOY | 0 | 2810795 |
| IRS990/InvestmentsProgramRelated/EOY | 0 | 4333591 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 317262 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 372439 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 106771 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 55177 |
| IRS990/LessCostOthBasisSalesExpenses/Other | 0 | 5000 |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | true |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | WEA CREDIT UNION WAS CREATED AND SPONSORED BY WEAC FOR TWO REASONS. 1. TO PROVIDE A CONFIDENTIAL SERVICE FROM WHICH MEMBERS OF WEAC CAN BORROW MONEY AT SUBSTANTIALLY LOWER RATES OF INTERST THAN IS POSSIBLE FROM SMALL LOAN COMPANIES OR LOCAL LENDING AGENCIES. 2. TO FURNISH THE OPPORTUNITY FOR INVESTMENT BY MEMBERS WHO DESIRE TO PUT THEIR MONEY IN A SAFE AND HELPFUL BUSINESS PROGRAM. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NameOfPrincipalOfficerPerson | 0 | MARK A SCHRIMPF |
| IRS990/NbrIndependentVotingMembers | 0 | 7 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 7 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 7 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 2816656 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 2827237 |
| IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome | 0 | 225 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | 225 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | -1184 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 980 |
| IRS990/NumberIndependentVotingMembers | 0 | 7 |
| IRS990/NumberOfEmployees | 0 | 10 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/Total | 0 | 33226 |
| IRS990/OfficeExpenses/Total | 0 | 316564 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/Organization501c | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 261191 |
| IRS990/OtherAssetsTotal/EOY | 0 | 295394 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 130447 |
| IRS990/OtherExpensePriorYear | 0 | 1009045 |
| IRS990/OtherExpensesCurrentYear | 0 | 851189 |
| IRS990/OtherExpenses/Description | 0 | DIVIDENDS PAID TO MEMBERS |
| IRS990/OtherExpenses/Description | 1 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpenses/Description | 2 | NCUA ASSESSMENTS EXP |
| IRS990/OtherExpenses/Total | 0 | 214588 |
| IRS990/OtherExpenses/Total | 1 | 78500 |
| IRS990/OtherExpenses/Total | 2 | 75747 |
| IRS990/OtherLiabilities/BOY | 0 | 21077079 |
| IRS990/OtherLiabilities/EOY | 0 | 22894969 |
| IRS990/OtherNotesLoansReceivableNet/BOY | 0 | 17185604 |
| IRS990/OtherNotesLoansReceivableNet/EOY | 0 | 16799037 |
| IRS990/OtherRevenueCurrentYear | 0 | 0 |
| IRS990/OtherRevenuePriorYear | 0 | -8010 |
| IRS990/OtherSalariesAndWages/Total | 0 | 95556 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PayrollTaxes/Total | 0 | 20848 |
| IRS990/PensionPlanContributions/Total | 0 | 22505 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 31886 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 35304 |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 519100 |
| IRS990/ProgramServiceRevenueCY | 0 | 1181809 |
| IRS990/ProgramServiceRevenue/Description | 0 | LOAN INTEREST |
| IRS990/ProgramServiceRevenue/Description | 1 | OTHER MBR REALTED INCOME |
| IRS990/ProgramServiceRevenue/Description | 2 | ACCOUNT FEES / CHARGES |
| IRS990/ProgramServiceRevenue/Description | 3 | NON MEMBER ATM FEES |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 1353788 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 957360 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 119787 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | 103158 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 957360 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 119787 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | 103158 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 3 | 1504 |
| IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue | 0 | 1504 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/ReconcilationOtherChanges | 0 | 81 |
| IRS990/ReconcilationRevenueExpenses | 0 | 10500 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | false |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | true |
| IRS990/ReportProgRelInvest | 0 | true |
| IRS990/RetainedEarningsEndowmentEtc/BOY | 0 | 2816656 |
| IRS990/RetainedEarningsEndowmentEtc/EOY | 0 | 2827237 |
| IRS990/RevenuesLessExpensesCY | 0 | 10500 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 61169 |
| IRS990/SalariesEtcCurrentYear | 0 | 444869 |
| IRS990/SalariesEtcPriorYear | 0 | 437494 |
| IRS990/SavingsAndTempCashInvestments/BOY | 0 | 3424057 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 4231751 |
| IRS990/ScheduleBRequired | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtc | 0 | false |
| IRS990ScheduleD/AreRelatedOrgsListedScheduleR | 0 | false |
| IRS990ScheduleD/DisclosedForCharitablePurposes | 0 | false |
| IRS990ScheduleD/DisclosedOrgsLegalControl | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByRelatedOrgs | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs | 0 | false |
| IRS990ScheduleD/Equipment/BookValue | 0 | 55177 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 317262 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 372439 |
| IRS990ScheduleD/IncludedOnFS | 0 | false |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 0 | 4333591 |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 0 | INVESTMENTS > 1YR MATURITY |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 22871949 |
| IRS990ScheduleD/OtherLiabilities/Amount | 1 | 23020 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | MEMBERS SHARES & DEPOSITS |
| IRS990ScheduleD/OtherLiabilities/Description | 1 | ACCRUED DIVIDENDS PAYABLE |
| IRS990ScheduleD/Sect170hRequirementsSatisfied | 0 | false |
| IRS990ScheduleD/SolicitedAssetsForSale | 0 | false |
| IRS990ScheduleD/TotalOfAmounts | 0 | 22894969 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 55177 |
| IRS990ScheduleD/TotalOfBookValueProgramRelated | 0 | 4333591 |
| IRS990ScheduleD/WrittenPolicyMonitoring | 0 | false |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | WEA CREDIT UNION WAS CREATED AND SPONSORED BY WEAC FOR TWO REASONS. 1. TO PROVIDE A CONFIDENTIAL SERVICE FROM WHICH MEMBERS OF WEAC CAN BORROW MONEY AT SUBSTANTIALLY LOWER RATES OF INTERST THAN IS POSSIBLE FROM SMALL LOAN COMPANIES OR LOCAL LENDING AGENCIES. 2. TO FURNISH THE OPPORTUNITY FOR INVESTMENT BY MEMBERS WHO DESIRE TO PUT THEIR MONEY IN A SAFE AND HELPFUL BUSINESS PROGRAM. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, YOU MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR POSSIBLE ERRORS AND THEN AUTHORIZES CPA TO FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE BOARD AT THE NEXT BOARD MEETING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | EACH YEAR A CONFLICT OF INTEREST STATEMENT IS SIGNED. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | COMPARISON DATA COLLECTED AND REVIEWED BY BOARD OF DIRECTORS. EACH SALARY/WAGE APPROVED BY BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | COMPARISON DATA COLLECTED AND REVIEWED BY BOARD OF DIRECTORS. EACH SALARY/WAGE APPROVED BY BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | FINANCIALS POSTED IN THE LOBBY. BYLAWS AVAILABLE FOR REVIEW BY APPOINTMENT. POLICYS ARE NOT SHARED, OTHER THAN PRIVACY POLICY. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | CLASSES OF MEMBERS OR STOCKHOLDERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | ELECTION OF MEMBERS AND THEIR RIGHTS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | DECISIONS SUBJECT TO APPROVAL OF MEMBERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/GeneralExplanation/Identifier | 7 | COMPENSATION PROCESS FOR OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 8 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | WI |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 33 NOB HILL ROAD |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | MADISON |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | WI |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 53713 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | MARK SCHRIMPF |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 6082749828 |
| IRS990/TotalAssets/BOY | 0 | 23966963 |
| IRS990/TotalAssetsBOY | 0 | 23966963 |
| IRS990/TotalAssets/EOY | 0 | 25863309 |
| IRS990/TotalAssetsEOY | 0 | 25863309 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalExpensesCurrentYear | 0 | 1296058 |
| IRS990/TotalExpensesPriorYear | 0 | 1446539 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 0 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 1296058 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 1504 |
| IRS990/TotalLiabilities/BOY | 0 | 21150307 |
| IRS990/TotalLiabilitiesBOY | 0 | 21150307 |
| IRS990/TotalLiabilities/EOY | 0 | 23036072 |
| IRS990/TotalLiabilitiesEOY | 0 | 23036072 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 23966963 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 25863309 |
| IRS990/TotalNbrEmployees | 0 | 10 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 2816656 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 2827237 |
| IRS990/TotalOtherCompensation | 0 | 110371 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceRevenue | 0 | 1181809 |
| IRS990/TotalReportableCompFromOrg | 0 | 175513 |
| IRS990/TotalRevenueCurrentYear | 0 | 1306558 |
| IRS990/TotalRevenue/ExclusionAmount | 0 | 124524 |
| IRS990/TotalRevenuePriorYear | 0 | 1507708 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 1180530 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 1306558 |
| IRS990/TotalRevenue/UnrelatedBusinessRevenue | 0 | 1504 |
| IRS990/TransactionRelatedEntity | 0 | false |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | true |
| IRS990/UponRequest | 0 | X |
| IRS990/WebSite | 0 | WWW.WEACU.COM |
| IRS990/WhistleblowerPolicy | 0 | false |
| IRS990/YearFormation | 0 | 1931 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/Filer/EIN | 0 | 390716620 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | WEA CREDIT UNION |
| ReturnHeader/Filer/NameControl | 0 | WEAC |
| ReturnHeader/Filer/Phone | 0 | 6082749828 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 8003 |
| ReturnHeader/Filer/USAddress/City | 0 | MADISON |
| ReturnHeader/Filer/USAddress/State | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 537088003 |
| ReturnHeader/Officer/DateSigned | 0 | 2011-09-30 |
| ReturnHeader/Officer/Name | 0 | MARK A SCHRIMPF |
| ReturnHeader/Officer/Phone | 0 | 6082749828 |
| ReturnHeader/Officer/Title | 0 | PRESIDENT |
| ReturnHeader/Preparer/DatePrepared | 0 | 2011-09-30 |
| ReturnHeader/Preparer/Name | 0 | BRENT WOOKEY CPA |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2010-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2010-12-31 |
| ReturnHeader/TaxYear | 0 | 2010 |
| ReturnHeader/Timestamp | 0 | 2011-09-30T15:21:38-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $25,863,309
- Liabilities
- $23,036,072
- Net assets
- $2,827,237
- Revenue
- -
- Expenses
- $1,296,058
- Net income
- -