Civic Intelligence

Forward Financial Credit Union

EIN 39-0812058 • 501(c)14 • Niagara, WI

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Profile

Forward financial credit union, as a member owned and directed community financial institution, is dedicated to serving the present and future financial needs of our members, including low-income and underserved populations through cost effective financial services consistent with co-operative principles, applicable legislation and sound management.

1250 Roosevelt RoadNiagara, WI 54151-0048

www.forwardfcu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.88x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

15.92x

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

501(c)14 • $50M-$100M nonprofits • Source year 2024

Net Margin

61st percentile

15%

Higher net margin than 61% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$129,890

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Asset Growth

9th percentile

-4.7%

Faster asset growth than 9% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

4.8%

Faster revenue growth than 31% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$85,956,187

Down $4,247,242 (-4.7%) from 2023

Liabilities

Down

$75,935,847

Down $5,286,496 (-6.5%) from 2023

Net Assets

Up

$10,020,340

Up $1,039,254 (+12%) from 2023

Operations
Liabilities / Revenue53rd percentileNet Margin61st percentile

Revenue

Up

$4,770,618

Up $217,125 (+4.8%) from 2023

Expenses

Up

$4,075,166

Up $159,842 (+4.1%) from 2023

Net Income

Up

$695,452

Up $57,283 (+9.0%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $68,796,005Liabilities 2010: $61,287,994Net Assets 2010: $7,508,0112010Assets 2011: $70,118,946Liabilities 2011: $62,426,583Net Assets 2011: $7,692,3632011Assets 2012: $71,406,926Liabilities 2012: $63,551,104Net Assets 2012: $7,855,8222012Assets 2013: $67,758,491Liabilities 2013: $59,748,988Net Assets 2013: $8,009,5032013Assets 2014: $67,523,435Liabilities 2014: $59,413,232Net Assets 2014: $8,110,2032014Assets 2015: $69,365,086Liabilities 2015: $61,082,484Net Assets 2015: $8,282,6022015Assets 2016: $72,720,249Liabilities 2016: $64,313,538Net Assets 2016: $8,406,7112016Assets 2017: $71,416,726Liabilities 2017: $62,888,741Net Assets 2017: $8,527,9852017Assets 2018: $71,691,933Liabilities 2018: $62,957,597Net Assets 2018: $8,734,3362018Assets 2019: $74,579,111Liabilities 2019: $65,550,523Net Assets 2019: $9,028,5882019Assets 2020: $84,858,024Liabilities 2020: $75,609,799Net Assets 2020: $9,248,2252020Assets 2021: $94,902,854Liabilities 2021: $85,671,787Net Assets 2021: $9,231,0672021Assets 2022: $95,158,001Liabilities 2022: $87,394,287Net Assets 2022: $7,763,7142022Assets 2023: $90,203,429Liabilities 2023: $81,222,343Net Assets 2023: $8,981,0862023Assets 2024: $85,956,187Liabilities 2024: $75,935,847Net Assets 2024: $10,020,3402024

Highlighted filing

2024

Assets$85,956,187
Liabilities$75,935,847
Net Assets$10,020,340
Open 2024 Filing

Operations Trend

Revenue Growth31st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $4,052,1312010Revenue 2011: $4,139,156Expenses 2011: $3,951,381Net Income 2011: $187,7752011Revenue 2012: $4,402,231Expenses 2012: $4,256,130Net Income 2012: $146,1012012Revenue 2013: $4,175,901Expenses 2013: $4,022,220Net Income 2013: $153,6812013Revenue 2014: $3,900,165Expenses 2014: $3,799,465Net Income 2014: $100,7002014Revenue 2015: $3,616,978Expenses 2015: $3,444,577Net Income 2015: $172,4012015Revenue 2016: $3,601,895Expenses 2016: $3,477,783Net Income 2016: $124,1122016Revenue 2017: $3,750,225Expenses 2017: $3,628,950Net Income 2017: $121,2752017Revenue 2018: $4,042,835Expenses 2018: $3,836,481Net Income 2018: $206,3542018Revenue 2019: $4,203,192Expenses 2019: $3,908,943Net Income 2019: $294,2492019Revenue 2020: $3,839,327Expenses 2020: $3,629,908Net Income 2020: $209,4192020Revenue 2021: $3,652,307Expenses 2021: $3,509,811Net Income 2021: $142,4962021Revenue 2022: $3,922,545Expenses 2022: $3,767,225Net Income 2022: $155,3202022Revenue 2023: $4,553,493Expenses 2023: $3,915,324Net Income 2023: $638,1692023Revenue 2024: $4,770,618Expenses 2024: $4,075,166Net Income 2024: $695,4522024

Highlighted filing

2024

Revenue$4,770,618
Expenses$4,075,166
Net Income$695,452
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,956,187
Liabilities
$75,935,847
Net assets
$10,020,340
Revenue
$4,770,618
Expenses
$4,075,166
Net income
$695,452
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$86.0$75.9$10.0$4.77$4.08$0.70
2023Detailed filing. Detailed filing data is available for this year.$90.2$81.2$8.98$4.55$3.92$0.64
2022Detailed filing. Detailed filing data is available for this year.$95.2$87.4$7.76$3.92$3.77$0.16
2021Detailed filing. Detailed filing data is available for this year.$94.9$85.7$9.23$3.65$3.51$0.14
2020Detailed filing. Detailed filing data is available for this year.$84.9$75.6$9.25$3.84$3.63$0.21
2019Detailed filing. Detailed filing data is available for this year.$74.6$65.6$9.03$4.20$3.91$0.29
2018Detailed filing. Detailed filing data is available for this year.$71.7$63.0$8.73$4.04$3.84$0.21
2017Detailed filing. Detailed filing data is available for this year.$71.4$62.9$8.53$3.75$3.63$0.12
2016Detailed filing. Detailed filing data is available for this year.$72.7$64.3$8.41$3.60$3.48$0.12
2015Detailed filing. Detailed filing data is available for this year.$69.4$61.1$8.28$3.62$3.44$0.17
2014Detailed filing. Detailed filing data is available for this year.$67.5$59.4$8.11$3.90$3.80$0.10
2013Detailed filing. Detailed filing data is available for this year.$67.8$59.7$8.01$4.18$4.02$0.15
2012Summary only. Only limited summary data is available for this year.$71.4$63.6$7.86$4.40$4.26$0.15
2011Summary only. Only limited summary data is available for this year.$70.1$62.4$7.69$4.14$3.95$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.8$61.3$7.51$4.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 26, 2025
Return Version
2024v5.2
Gross Receipts
$4,802,090
Mission and Program Overview

Mission

Forward financial credit union, as a member owned directed community financial institution, is dedicated to serving the present and future financial needs of our members, including low-income and underserved population through cost effective financial services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$50,169,226$49,808,211▼ $361,015
Savings and Temporary Cash Investments$20,980,382$19,666,071▼ $1,314,311
Investments in Publicly Traded Securities$13,765,372$10,837,071▼ $2,928,301
Rtn Earn Endowment Incm Other Fnds$8,981,086$10,020,340▲ $1,039,254
Land, Buildings, and Equipment, Net$2,084,107$2,198,234▲ $114,127
Cash and Non-Interest-Bearing Accounts$1,259,779$1,411,234▲ $151,455
Investments Program Related$550,774$550,352▼ $422
Prepaid Expenses and Deferred Charges$129,546$135,232▲ $5,686
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$90,203,429$85,956,187▼ $4,247,242
Other Assets Total$1,264,243$1,349,782▲ $85,539
Liabilities
Other Liabilities$79,280,442$74,276,687▼ $5,003,755
Accounts Payable and Accrued Expenses$1,317,998$1,092,202▼ $225,796
Escrow Account Liability$623,903$566,958▼ $56,945
Total Liabilities$81,222,343$75,935,847▼ $5,286,496
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,981,086$10,020,340▲ $1,039,254
Total Liabilities and Net Assets / Fund Balance$90,203,429$85,956,187▼ $4,247,242

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,538,270$1,868,530$3,406,800
Equipment$489,172$2,696,526$3,185,698
Other Land Buildings$69,492$491,699$561,191
Land$101,300-$101,300
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tammy YoungPresident/CEOFT$112,945$16,945$129,890
Dan DeckerChair-$3,000-$3,000
Mary Ellen WelcherSecretary-$2,400-$2,400
Scott PancheriVice Chair-$2,400-$2,400
Teresa WestTreasurer-$2,400-$2,400

Board Members and Trustees

NameTitle
Angela MoreauDirector
Audrey FredrickDirector
Ralph DumkeDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservData Processing75 REMITTANCE DR STE 6974, Chicago, IL 60675$698,084
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,764,473
Investment Income
$1,006,145
Other Revenue
$0
Change in Net Assets
$695,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,303,959
Salaries, Compensation, and Employee Benefits$1,771,207
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,250,856
Information Technology---$787,211
Office Expenses---$412,554
Other Employee Benefits---$208,750
Depreciation Depletion---$172,107
Current Officers, Directors, Trustees, and Key Employees---$123,145
Occupancy---$119,855
Payroll Taxes---$107,594
Pension Plan Contributions---$80,862
All Other Expenses---$43,619
Advertising---$38,121
Other Expenses---$37,737
Fees for Services Accounting---$23,208
Conferences and Meetings---$19,894
Fees for Services Management---$9,765
Fees for Services Legal---$3,183
Travel---$1,189
Interest---$39
Total Functional Expenses$0$0$0$4,075,166
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$74,276,687
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union has members.”

Form 990, Part VI, Section A, Line 7A

“Election at annual meeting. Unless an alternate election method set forth in the organization's bylaws is authorized by the board, directors shall be elected by the members present at the annual meeting in the following manner: (a)the chairperson may appoint a nominating committee consisting of not fewer than three (3) members of the credit union. If appointed, the nominating committee shall nominate one (1) or more members for each vacancy on the board, including any unexpired term occupied by a director appointed by the board under section 7 of this article. (b)after the nominations of the nominating committee, if any, have been placed before the members at the annual meeting the votes shall be taken and tallied by the nominating committee, and the results shall be announced. Except as provided in paragraph (c) all elections shall be determined by plurality vote, and shall be by ballot except when the number of nominees does not exceed the number of vacancies to be filled. (c)if two (2) or more candidates for director receive an equal number of votes, and resolution of the tie vote affects the election of one (1) or more directors, the members present at the annual meeting shall either elect by a plurality vote the appropriate number of directors from among the candidates who received the equal number of votes in the initial balloting, or shall authorize those candidates to resolve the tie vote by a drawing of lots.”

Form 990, Part VI, Section B, Line 11B

“Copies of the form 990 were distributed to the governing board prior to submission to the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“All officer, employee, and director's activities within the credit union are monitored daily, all loan advances need approval of a majority, and the policy is reviewed and signed yearly. If there is a conflict of interest the officer, employee, or director is removed from voting.”

Form 990, Part VI, Section B, Line 15

“Compensation for the ceo and the organization's officers is determined and approved by the personnel committee of the board.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Forward Financial Credit Union
EIN
39-0812058
Phone
7152514546
Address
1250 ROOSEVELT ROAD, NIAGARA, WI 54151-0048

Signing Officer

Name
Tammy Young
Title
President/CEO
Phone
7152514546
Signed
2025-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Young
Formed
1948
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
50
Volunteers
7

Preparer

Firm
Hawkins Ash Cpas Llp
Address
520 N BROADWAY SUITE 250, GREEN BAY, WI 54303
Preparer
Jeffrey Danen CPA
Phone
9203369850
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The credit union maintains escrow accounts associated with real estate mortgages (property taxes and insurance) for members.”

Raw XML Appendix388 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
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IRS990/ActivityOrMissionDesc0FORWARD FINANCIAL CREDIT UNION, AS A MEMBER OWNED DIRECTED COMMUNITY FINANCIAL INSTITUTION, IS DEDICATED TO SERVING THE PRESENT AND FUTURE FINANCIAL NEEDS OF OUR MEMBERS, INCLUDING LOW-INCOME AND UNDERSERVED POPULATION THROUGH COST EFFECTIVE FINANCIAL SERVICES.
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IRS990/IRPDocumentCnt01535
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05056755
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02084107
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02198234
IRS990/LandBldgEquipCostOrOtherBssAmt07254989
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt031472
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FORWARD FINANCIAL CREDIT UNION, AS A MEMBER OWNED DIRECTED COMMUNITY FINANCIAL INSTITUTION, IS DEDICATED TO SERVING THE PRESENT AND FUTURE FINANCIAL NEEDS OF OUR MEMBERS, INCLUDING LOW-INCOME AND UNDERSERVED POPULATION THROUGH COST EFFECTIVE FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08981086
IRS990/NetAssetsOrFundBalancesEOYAmt010020340
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-31357
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-31357
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0343802
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0119855
IRS990/OfficeExpensesGrp/TotalAmt0412554
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01264243
IRS990/OtherAssetsTotalGrp/EOYAmt01349782
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0208750
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc1DIVIDENDS ON SHARES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3CREDIT LOSS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0323326
IRS990/OtherExpensesGrp/TotalAmt1224185
IRS990/OtherExpensesGrp/TotalAmt287966
IRS990/OtherExpensesGrp/TotalAmt337737
IRS990/OtherLiabilitiesGrp/BOYAmt079280442
IRS990/OtherLiabilitiesGrp/EOYAmt074276687
IRS990/OtherSalariesAndWagesGrp/TotalAmt01250856
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt050169226
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt049808211
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0107594
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt080862
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0129546
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0135232
IRS990/PrincipalOfficerNm0TAMMY YOUNG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/Desc4OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02877429
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1388598
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2324958
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3141699
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41096
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02877429
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1388598
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2344855
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3152495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41096
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt019897
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt110796
IRS990/ProgSrvcAccomActy2Grp/Desc0SAVING, CERTIFICATE OF DEPOSIT, MONEY MARKETS, CHECKING, AND IRAS
IRS990/ProgSrvcAccomActy3Grp/Desc0CASH HANDLING/CHECKING CASH FOR MEMBERS ONLY
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0978418
IRS990/PYOtherExpensesAmt02192607
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03575075
IRS990/PYRevenuesLessExpensesAmt0638169
IRS990/PYSalariesCompEmpBnftPaidAmt01722717
IRS990/PYTotalExpensesAmt03915324
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04553493
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0695452
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08981086
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010020340
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020980382
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019666071
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01538270
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01868530
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03406800
IRS990ScheduleD/EquipmentGrp/BookValueAmt0489172
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02696526
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03185698
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0101300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0101300
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt069492
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0491699
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0561191
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt074276687
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION MAINTAINS ESCROW ACCOUNTS ASSOCIATED WITH REAL ESTATE MORTGAGES (PROPERTY TAXES AND INSURANCE) FOR MEMBERS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02198234
IRS990ScheduleD/TotalLiabilityAmt074276687
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION AT ANNUAL MEETING. UNLESS AN ALTERNATE ELECTION METHOD SET FORTH IN THE ORGANIZATION'S BYLAWS IS AUTHORIZED BY THE BOARD, DIRECTORS SHALL BE ELECTED BY THE MEMBERS PRESENT AT THE ANNUAL MEETING IN THE FOLLOWING MANNER: (A)THE CHAIRPERSON MAY APPOINT A NOMINATING COMMITTEE CONSISTING OF NOT FEWER THAN THREE (3) MEMBERS OF THE CREDIT UNION. IF APPOINTED, THE NOMINATING COMMITTEE SHALL NOMINATE ONE (1) OR MORE MEMBERS FOR EACH VACANCY ON THE BOARD, INCLUDING ANY UNEXPIRED TERM OCCUPIED BY A DIRECTOR APPOINTED BY THE BOARD UNDER SECTION 7 OF THIS ARTICLE. (B)AFTER THE NOMINATIONS OF THE NOMINATING COMMITTEE, IF ANY, HAVE BEEN PLACED BEFORE THE MEMBERS AT THE ANNUAL MEETING THE VOTES SHALL BE TAKEN AND TALLIED BY THE NOMINATING COMMITTEE, AND THE RESULTS SHALL BE ANNOUNCED. EXCEPT AS PROVIDED IN PARAGRAPH (C) ALL ELECTIONS SHALL BE DETERMINED BY PLURALITY VOTE, AND SHALL BE BY BALLOT EXCEPT WHEN THE NUMBER OF NOMINEES DOES NOT EXCEED THE NUMBER OF VACANCIES TO BE FILLED. (C)IF TWO (2) OR MORE CANDIDATES FOR DIRECTOR RECEIVE AN EQUAL NUMBER OF VOTES, AND RESOLUTION OF THE TIE VOTE AFFECTS THE ELECTION OF ONE (1) OR MORE DIRECTORS, THE MEMBERS PRESENT AT THE ANNUAL MEETING SHALL EITHER ELECT BY A PLURALITY VOTE THE APPROPRIATE NUMBER OF DIRECTORS FROM AMONG THE CANDIDATES WHO RECEIVED THE EQUAL NUMBER OF VOTES IN THE INITIAL BALLOTING, OR SHALL AUTHORIZE THOSE CANDIDATES TO RESOLVE THE TIE VOTE BY A DRAWING OF LOTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF THE FORM 990 WERE DISTRIBUTED TO THE GOVERNING BOARD PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICER, EMPLOYEE, AND DIRECTOR'S ACTIVITIES WITHIN THE CREDIT UNION ARE MONITORED DAILY, ALL LOAN ADVANCES NEED APPROVAL OF A MAJORITY, AND THE POLICY IS REVIEWED AND SIGNED YEARLY. IF THERE IS A CONFLICT OF INTEREST THE OFFICER, EMPLOYEE, OR DIRECTOR IS REMOVED FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR THE CEO AND THE ORGANIZATION'S OFFICERS IS DETERMINED AND APPROVED BY THE PERSONNEL COMMITTEE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt090203429
IRS990/TotalAssetsEOYAmt085956187
IRS990/TotalAssetsGrp/BOYAmt090203429
IRS990/TotalAssetsGrp/EOYAmt085956187
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt050
IRS990/TotalFunctionalExpensesGrp/TotalAmt04075166
IRS990/TotalGrossUBIAmt030693
IRS990/TotalLiabilitiesBOYAmt081222343
IRS990/TotalLiabilitiesEOYAmt075935847
IRS990/TotalLiabilitiesGrp/BOYAmt081222343
IRS990/TotalLiabilitiesGrp/EOYAmt075935847
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08981086
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010020340
IRS990/TotalOtherCompensationAmt016945
IRS990/TotalProgramServiceRevenueAmt03764473
IRS990/TotalReportableCompFromOrgAmt0123145
IRS990/TotalRevenueGrp/ExclusionAmt01037502
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03702423
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04770618
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt030693
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090203429
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt085956187
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01189
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01250 ROOSEVELT ROAD
IRS990/USAddress/CityNm0NIAGRA
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054151
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.FORWARDFINANCIALCU.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMMY YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07152514546
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORWARD FINANCIAL CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FORW
ReturnHeader/Filer/EIN0390812058
ReturnHeader/Filer/PhoneNum07152514546
ReturnHeader/Filer/USAddress/AddressLine1Txt01250 ROOSEVELT ROAD
ReturnHeader/Filer/USAddress/CityNm0NIAGARA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0541510048
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390912608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAWKINS ASH CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 N BROADWAY SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREEN BAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054303
ReturnHeader/PreparerPersonGrp/PhoneNum09203369850
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY DANEN CPA
ReturnHeader/ReturnTs02025-07-01T12:53:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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