Civic Intelligence

Shoreline Credit Union

990 • Fiscal year 2015 • EIN 39-0795376

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 12, 2016

Organization Profilewww.shorelinecu.org

View Organization Page

2848 Memorial DriveTwo Rivers, WI 54241

(920) 793-4541

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.90x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

53rd percentile

19.70x

Higher debt load relative to revenue than 53% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Net Margin

38th percentile

6.3%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

81st percentile

$182,325

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Asset Growth

3rd percentile

-4.8%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-4.1%

Faster revenue growth than 13% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$91,877,742

Down $4,601,318 (-4.8%) from 2014

Net Assets

Up

$9,385,745

Up $159,877 (+1.7%) from 2014

Liabilities

Down

$82,491,997

Down $4,761,195 (-5.5%) from 2014

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin38th percentile

Revenue

Down

$4,186,414

Down $176,844 (-4.1%) from 2014

Expenses

Up

$3,921,586

Up $1,401,240 (+56%) from 2014

Net Income

Down

$264,828

Down $1,578,084 (-86%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $107,595,477Liabilities 2010: $97,667,287Net Assets 2010: $9,928,1902010Assets 2011: $112,856,048Liabilities 2011: $102,319,108Net Assets 2011: $10,536,9402011Assets 2012: $113,474,903Liabilities 2012: $104,676,238Net Assets 2012: $8,798,6652012Assets 2013: $98,909,068Liabilities 2013: $91,543,530Net Assets 2013: $7,365,5382013Assets 2014: $96,479,060Liabilities 2014: $87,253,192Net Assets 2014: $9,225,8682014Assets 2015: $91,877,742Liabilities 2015: $82,491,997Net Assets 2015: $9,385,7452015Assets 2016: $89,833,543Liabilities 2016: $80,519,468Net Assets 2016: $9,314,0752016Assets 2017: $96,490,631Liabilities 2017: $87,180,222Net Assets 2017: $9,310,4092017Assets 2018: $92,090,403Liabilities 2018: $82,807,298Net Assets 2018: $9,283,1052018Assets 2019: $93,019,159Liabilities 2019: $83,963,801Net Assets 2019: $9,055,3582019Assets 2020: $112,157,705Liabilities 2020: $102,398,362Net Assets 2020: $9,759,3432020Assets 2021: $123,040,300Liabilities 2021: $113,368,823Net Assets 2021: $9,671,4772021Assets 2022: $128,218,920Liabilities 2022: $119,249,503Net Assets 2022: $8,969,4172022Assets 2024: $128,507,145Liabilities 2024: $117,600,896Net Assets 2024: $10,906,2492024

Highlighted filing

2015

Assets$91,877,742
Liabilities$82,491,997
Net Assets$9,385,745
Open 2015 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $5,662,6812010Expenses 2011: $5,810,5072011Revenue 2012: $5,662,955Expenses 2012: $7,402,882Net Income 2012: -$1,739,9272012Revenue 2013: $5,937,675Expenses 2013: $7,746,624Net Income 2013: -$1,808,9492013Revenue 2014: $4,363,258Expenses 2014: $2,520,346Net Income 2014: $1,842,9122014Revenue 2015: $4,186,414Expenses 2015: $3,921,586Net Income 2015: $264,8282015Revenue 2016: $4,248,441Expenses 2016: $4,163,199Net Income 2016: $85,2422016Revenue 2017: $4,416,139Expenses 2017: $4,345,128Net Income 2017: $71,0112017Revenue 2018: $4,618,899Expenses 2018: $4,501,813Net Income 2018: $117,0862018Revenue 2019: $4,457,929Expenses 2019: $4,918,317Net Income 2019: -$460,3882019Revenue 2020: $4,570,508Expenses 2020: $4,409,164Net Income 2020: $161,3442020Revenue 2021: $4,937,848Expenses 2021: $4,326,202Net Income 2021: $611,6462021Revenue 2022: $5,354,568Expenses 2022: $4,937,168Net Income 2022: $417,4002022Revenue 2024: $7,272,021Expenses 2024: $6,336,536Net Income 2024: $935,4852024

Highlighted filing

2015

Revenue$4,186,414
Expenses$3,921,586
Net Income$264,828
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 12, 2016
Return Version
2015v2.1
Gross Receipts
$5,060,294
Mission and Program Overview

Mission

Our mission is to help our members achieve financial success. We achieve this by providing members with a safe place to save and borrow at reasonable rates. We excel at this by remaining committed to employing an honest, knowledgeable staff whose focus is on one member at a time.

Provide financial services to our communities in order to provide a better financial life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$68,731,514$69,338,757▲ $607,243
Savings and Temporary Cash Investments$12,971,219$11,800,836▼ $1,170,383
Rtn Earn Endowment Incm Other Fnds$9,225,868$9,385,745▲ $159,877
Land, Buildings, and Equipment, Net$4,712,779$4,694,458▼ $18,321
Investments Program Related$2,310,578$1,836,523▼ $474,055
Cash and Non-Interest-Bearing Accounts$1,330,945$1,413,765▲ $82,820
Investments Other Securities$3,411,811$986,782▼ $2,425,029
Prepaid Expenses and Deferred Charges$379,388$342,293▼ $37,095
Accounts Receivable$909,552$57,347▼ $852,205
Investments in Publicly Traded Securities$6,900$6,900→ $0
Total Assets$96,479,060$91,877,742▼ $4,601,318
Other Assets Total$1,714,374$1,400,081▼ $314,293
Liabilities
Other Liabilities$82,616,925$79,942,019▼ $2,674,906
Mortgage Notes Payable Secured by Investment Property$4,391,529$2,000,489▼ $2,391,040
Accounts Payable and Accrued Expenses$244,738$549,489▲ $304,751
Total Liabilities$87,253,192$82,491,997▼ $4,761,195
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,225,868$9,385,745▲ $159,877
Total Liabilities and Net Assets / Fund Balance$96,479,060$91,877,742▼ $4,601,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,412,005$2,983,468$6,395,473
Equipment$434,397$1,893,869$2,328,266
Land$848,056-$848,056
Investment Program Related Org$520,000--
Other Securities$986,782--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott WillmottCEODirectorFT$158,816$23,509$182,325
Sharon TomeCOOFT$95,846$9,007$104,853
Keith LyonsCIOFT$90,921$4,087$95,008
Nathan GrossenbachCFOFT$83,707$7,724$91,431
Kal KerlinCLOFT$78,346$10,268$88,614

Board Members and Trustees

NameTitle
Travis GlandtChairman
Gretchen BauknechtVice-Chair
M JonesDirector
Peggy KadowDirector
Colleen InmanSecretary
Ryan KauthTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,975,064
Investment Income
$270,247
Other Revenue
$-58,897
Change in Net Assets
$264,828

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,123,070
Revenue Not Reported on Financial Statements
$63,344
Total Revenue per Audited Statements
$4,123,070
Total Revenue per Form 990
$4,186,414
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,237,801
Salaries, Compensation, and Employee Benefits$1,683,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$884,600
Current Officers, Directors, Trustees, and Key Employees---$507,636
Office Expenses---$326,736
All Other Expenses---$229,075
Depreciation Depletion---$216,779
Occupancy---$199,249
Payroll Taxes---$139,533
Other Employee Benefits---$128,640
Other Expenses-$124,977-$124,977
Advertising---$101,987
Information Technology---$101,551
Insurance---$92,740
Fees for Services Other---$76,570
Fees for Services Accounting---$42,797
Travel---$33,882
Pension Plan Contributions---$23,376
Interest---$15,042
Total Functional Expenses$0$0$0$3,921,586

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,921,586
Expenses per Audited Statements$3,858,242
Total Expenses per Audited Statements$3,858,242
Expenses Not Reported on Financial Statements$63,344
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares & Deposits$79,931,058
Accrued Dividends$11,051
Other Liabilities$-90
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors).”

Member election for additional members Part VI line 7A

“The Board of Directors is elected by the membership utilizing their one vote per member.”

Governing body decisions Part VI line 7B

“Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organizations bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions).”

Form 990 governing body review Part VI line 11

“Reviewed by management. Key totals are tied back to internal financial statements. Info on schedules compared to info provided on the 990 input form.”

Conflict of interest policy compliance Part VI line 12C

“Besides being in the policy, employees are required to fill out regular surveys asking to having relationships that could cause conflict.”

CEO executive director top management comp Part VI line 15A

“A Salary & Wage Budget is developed by management using trade association survey guidelines. The plan is reviewed & approved by the Board.”

Other officer or key employee compensation Part VI line 15B

“An annual Salary & Wage Budget is developed by management using trade association survey guidelines. The plan is reviewed and approved by the Board.”

Governing documents etc available to public Part VI line 19

“Shoreline files quarterly 5300 regulartory reports. The data is available to the public on the NCUAs website: www.ncua.gov. In additon , a summary of the year-end 5300 info is posted in each of the branch locations.”

Filing and Contact Details

Filer

Filer Name
Shoreline Credit Union
EIN
39-0795376
Address
2848 Memorial Drive, Two Rivers, WI 54241

Signing Officer

Name
Sharon Tome
Title
President
Phone
9207934541
Signed
2016-08-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Sharon Tome
Formed
1941
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
53
Volunteers
6

Preparer

Firm
WCUL Services Corp
Address
N25W2313 Paul Rd Suite 500, Pewaukee, WI 53072
Preparer
Cari Thompson
Phone
2625490200
Supplemental Narrative

Additional Explanations

Unrelated business income explanation Part V line 3B

“The 990-T will be filed (or extension) after receipt of the completed 990 return.”

Raw XML AppendixShowing 400 of 469 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0244738
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0549489
IRS990/AccountsReceivableGrp/BOYAmt0909552
IRS990/AccountsReceivableGrp/EOYAmt057347
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide financial services to our communities in order to provide a better financial life.
IRS990/AdvertisingGrp/TotalAmt0101987
IRS990/AllOtherExpensesGrp/TotalAmt0229075
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Nathan Grossenbach
IRS990/BooksInCareOfDetail/PhoneNum09207934541
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02848 Memorial Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Two Rivers
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd054241
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01330945
IRS990/CashNonInterestBearingGrp/EOYAmt01413765
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0507636
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0270247
IRS990/CYOtherExpensesAmt02237801
IRS990/CYOtherRevenueAmt0-58897
IRS990/CYProgramServiceRevenueAmt03975064
IRS990/CYRevenuesLessExpensesAmt0264828
IRS990/CYSalariesCompEmpBnftPaidAmt01683785
IRS990/CYTotalExpensesAmt03921586
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04186414
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0216779
IRS990/Desc0We funded 1,179 loans during 2015. As of 12/31/15, we had 664 in mortgages/home equity lines, 4,460 in consumer loans, and 69 member business loans. We also had 2,440 credit card accounts with our members at 12/31.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt053
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt042797
IRS990/FeesForServicesOtherGrp/TotalAmt076570
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt455.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt755.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt855.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt955.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1055.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt423509
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt79007
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt84087
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt97724
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1010268
IRS990/Form990PartVIISectionAGrp/PersonNm0Peggy Kadow
IRS990/Form990PartVIISectionAGrp/PersonNm1Travis Glandt
IRS990/Form990PartVIISectionAGrp/PersonNm2Gretchen Bauknecht
IRS990/Form990PartVIISectionAGrp/PersonNm3M Jones
IRS990/Form990PartVIISectionAGrp/PersonNm4Scott Willmott
IRS990/Form990PartVIISectionAGrp/PersonNm5Ryan Kauth
IRS990/Form990PartVIISectionAGrp/PersonNm6Colleen Inman
IRS990/Form990PartVIISectionAGrp/PersonNm7Sharon Tome
IRS990/Form990PartVIISectionAGrp/PersonNm8Keith Lyons
IRS990/Form990PartVIISectionAGrp/PersonNm9Nathan Grossenbach
IRS990/Form990PartVIISectionAGrp/PersonNm10Kal Kerlin
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4158816
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt795846
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt890921
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt983707
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1078346
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4CEODirector
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7COO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CLO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-51739
IRS990/GainOrLossGrp/SecuritiesAmt025000
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0822141
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt025000
IRS990/GrossReceiptsAmt05060294
IRS990/GrossRentsGrp/RealAmt077663
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/TotalAmt0101551
IRS990/InsuranceGrp/TotalAmt092740
IRS990/InterestGrp/TotalAmt015042
IRS990/InvestmentIncomeGrp/ExclusionAmt0296986
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0296986
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03411811
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0986782
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02310578
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01836523
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06900
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06900
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04877337
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04712779
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04694458
IRS990/LandBldgEquipCostOrOtherBssAmt09571795
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0873880
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0-5
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-5
IRS990/MissionDesc0Provide financial services to our communities in order to provide a better financial life.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04391529
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02000489
IRS990/NetAssetsOrFundBalancesBOYAmt09225868
IRS990/NetAssetsOrFundBalancesEOYAmt09385745
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-26739
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-26739
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt077663
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt077663
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-320379
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0199249
IRS990/OfficeExpensesGrp/TotalAmt0326736
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01714374
IRS990/OtherAssetsTotalGrp/EOYAmt01400081
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0128640
IRS990/OtherExpensesGrp/Desc0Dividends to Members
IRS990/OtherExpensesGrp/Desc1Provisions for Loan Loss
IRS990/OtherExpensesGrp/Desc2Loan Servicing Expense
IRS990/OtherExpensesGrp/Desc3Member AccountCard Costs
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0206545
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-62849
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2532720
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3124977
IRS990/OtherExpensesGrp/TotalAmt0206545
IRS990/OtherExpensesGrp/TotalAmt1-62849
IRS990/OtherExpensesGrp/TotalAmt2532720
IRS990/OtherExpensesGrp/TotalAmt3124977
IRS990/OtherLiabilitiesGrp/BOYAmt082616925
IRS990/OtherLiabilitiesGrp/EOYAmt079942019
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0Deconversion Loss Cntg
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-142749
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-142749
IRS990/OtherRevenueTotalAmt0-142754
IRS990/OtherSalariesAndWagesGrp/TotalAmt0884600
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt068731514
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt069338757
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0139533
IRS990/PensionPlanContributionsGrp/TotalAmt023376
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0379388
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0342293
IRS990/PrincipalOfficerNm0Sharon Tome
IRS990/PriorPeriodAdjustmentsAmt0215428
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/BusinessCd4519100
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Member AccountCard Fee
IRS990/ProgramServiceRevenueGrp/Desc2Other Member Fee Income
IRS990/ProgramServiceRevenueGrp/Desc3Insurance Sales
IRS990/ProgramServiceRevenueGrp/Desc4Non-Member ATM Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03223483
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1532878
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2142555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt371806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03223483
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1532878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2142555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt371806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43954
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03954
IRS990/ProgSrvcAccomActy2Grp/Desc0We have deposit, transaction, and investment accounts with 10,134 members at 12/31. During 2015, we opened 2,570 new deposit, transaction and investment accounts.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0-1317969
IRS990/PYOtherExpensesAmt0875306
IRS990/PYOtherRevenueAmt01592656
IRS990/PYProgramServiceRevenueAmt04088571
IRS990/PYRevenuesLessExpensesAmt01842912
IRS990/PYSalariesCompEmpBnftPaidAmt01645040
IRS990/PYTotalExpensesAmt02520346
IRS990/PYTotalRevenueAmt04363258
IRS990/ReconcilationRevenueExpnssAmt0264828
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt077663
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt06194
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt06194
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt09225868
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09385745
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012971219
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011800836
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03412005
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02983468
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06395473
IRS990ScheduleD/EquipmentGrp/BookValueAmt0434397
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01893869
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02328266
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt063344
IRS990ScheduleD/ExpensesSubtotalAmt03858242
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt063344
IRS990ScheduleD/InvestmentExpensesNotIncldAmt063344
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0815612
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt113000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2245100
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3242811
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4520000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NCUA Capitalization
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1WISCUB
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2FHLB
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3SFS Member Shares
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4CCCU MCS & PIC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/LandGrp/BookValueAmt0848056
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0848056
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt079931058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-90
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares & Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Dividends
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Other Liabilities
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0986782
IRS990ScheduleD/OtherSecuritiesGrp/Desc0AFS Securities
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt063344
IRS990ScheduleD/RevenueSubtotalAmt04123070
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04694458
IRS990ScheduleD/TotalBookValueProgramRltdAmt01836523
IRS990ScheduleD/TotalBookValueSecuritiesAmt0986782
IRS990ScheduleD/TotalExpensesPerForm990Amt03921586
IRS990ScheduleD/TotalLiabilityAmt079942019
IRS990ScheduleD/TotalRevenuePerForm990Amt04186414
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04123070
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03858242
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0158816
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05138
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt018371
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Scott Willmott
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEODirector
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182325
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990-T will be filed (or extension) after receipt of the completed 990 return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors is elected by the membership utilizing their one vote per member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organizations bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Reviewed by management. Key totals are tied back to internal financial statements. Info on schedules compared to info provided on the 990 input form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Besides being in the policy, employees are required to fill out regular surveys asking to having relationships that could cause conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A Salary & Wage Budget is developed by management using trade association survey guidelines. The plan is reviewed & approved by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7An annual Salary & Wage Budget is developed by management using trade association survey guidelines. The plan is reviewed and approved by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Shoreline files quarterly 5300 regulartory reports. The data is available to the public on the NCUAs website: www.ncua.gov. In additon , a summary of the year-end 5300 info is posted in each of the branch locations.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Unrelated business income explanation Part V line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,877,742
Liabilities
$82,491,997
Net assets
$9,385,745
Revenue
$4,186,414
Expenses
$3,921,586
Net income
$264,828
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$129$118$10.9$7.27$6.34$0.94
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$128$119$8.97$5.35$4.94$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$123$113$9.67$4.94$4.33$0.61
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$102$9.76$4.57$4.41$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.0$84.0$9.06$4.46$4.92$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.1$82.8$9.28$4.62$4.50$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$96.5$87.2$9.31$4.42$4.35$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.8$80.5$9.31$4.25$4.16$0.09
2015Detailed filing. Detailed filing data is available for this year.$91.9$82.5$9.39$4.19$3.92$0.26
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$96.5$87.3$9.23$4.36$2.52$1.84
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$98.9$91.5$7.37$5.94$7.75$1.81
2012Summary only. Only limited summary data is available for this year.$113$105$8.80$5.66$7.40$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$113$102$10.5$5.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$108$97.7$9.93$5.66
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)14 • $50M-$100M nonprofits