Civic Intelligence

Simplicity Credit Union

990 • Fiscal year 2020 • EIN 39-0860994

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization ProfileWWW.SIMPLICITY.COOP

View Organization Page

222 Upham AvenueMarshfield, WI 54449-0790

(715) 387-3702

Siviq Scores

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

Liabilities / Assets

51st percentile

0.90x

Higher debt load relative to assets than 51% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Liabilities / Revenue

38th percentile

18.38x

Higher debt load relative to revenue than 38% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Net Margin

54th percentile

12%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$355,663

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Asset Growth

81st percentile

22%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

6.0%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$337,112,672

Up $61,535,138 (+22%) from 2019

Net Assets

Up

$33,657,993

Up $2,162,638 (+6.9%) from 2019

Liabilities

Up

$303,454,679

Up $59,372,500 (+24%) from 2019

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin54th percentile

Revenue

Up

$16,512,956

Up $936,337 (+6.0%) from 2019

Expenses

Up

$14,492,445

Up $1,131,066 (+8.5%) from 2019

Net Income

Down

$2,020,511

Down $194,729 (-8.8%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$600M$400M$200M$0Assets 2010: $171,210,377Liabilities 2010: $153,052,620Net Assets 2010: $18,157,7572010Assets 2011: $179,777,271Liabilities 2011: $161,260,243Net Assets 2011: $18,517,0282011Assets 2012: $194,276,643Liabilities 2012: $174,872,211Net Assets 2012: $19,404,4322012Assets 2013: $203,935,642Liabilities 2013: $184,721,027Net Assets 2013: $19,214,6152013Assets 2014: $209,653,537Liabilities 2014: $188,948,663Net Assets 2014: $20,704,8742014Assets 2015: $224,201,044Liabilities 2015: $202,087,471Net Assets 2015: $22,113,5732015Assets 2017: $240,421,832Liabilities 2017: $214,001,205Net Assets 2017: $26,420,6272017Assets 2018: $248,218,049Liabilities 2018: $219,349,614Net Assets 2018: $28,868,4352018Assets 2019: $275,577,534Liabilities 2019: $244,082,179Net Assets 2019: $31,495,3552019Assets 2020: $337,112,672Liabilities 2020: $303,454,679Net Assets 2020: $33,657,9932020Assets 2021: $424,593,294Liabilities 2021: $385,821,569Net Assets 2021: $38,771,7252021Assets 2022: $432,153,101Liabilities 2022: $393,526,787Net Assets 2022: $38,626,3142022Assets 2024: $500,121,906Liabilities 2024: $454,269,750Net Assets 2024: $45,852,1562024

Highlighted filing

2020

Assets$337,112,672
Liabilities$303,454,679
Net Assets$33,657,993
Open 2020 Filing

Operations Trend

Revenue Growth79th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $8,625,0022010Expenses 2011: $8,148,8662011Expenses 2012: $8,224,7432012Revenue 2013: $9,257,423Expenses 2013: $8,751,985Net Income 2013: $505,4382013Revenue 2014: $9,736,233Expenses 2014: $8,636,495Net Income 2014: $1,099,7382014Revenue 2015: $10,504,267Expenses 2015: $9,051,186Net Income 2015: $1,453,0812015Revenue 2017: $11,973,929Expenses 2017: $9,798,516Net Income 2017: $2,175,4132017Revenue 2018: $13,914,390Expenses 2018: $11,235,885Net Income 2018: $2,678,5052018Revenue 2019: $15,576,619Expenses 2019: $13,361,379Net Income 2019: $2,215,2402019Revenue 2020: $16,512,956Expenses 2020: $14,492,445Net Income 2020: $2,020,5112020Revenue 2021: $17,622,558Expenses 2021: $15,714,933Net Income 2021: $1,907,6252021Revenue 2022: $19,742,402Expenses 2022: $17,745,967Net Income 2022: $1,996,4352022Revenue 2024: $32,520,313Expenses 2024: $29,733,748Net Income 2024: $2,786,5652024

Highlighted filing

2020

Revenue$16,512,956
Expenses$14,492,445
Net Income$2,020,511
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$16,572,266
Mission and Program Overview

Mission

A nonprofit member-owned thrift institution organized to provide financial services to individuals. Operations are primarily related to holding deposit for and making loans to members.

A nonprofit member-owned thrift institution organized to provide financial services to individuals. Operations are primarily related to holding deposits for and making loans to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$206,225,914$215,340,538▲ $9,114,624
Savings and Temporary Cash Investments$37,182,290$89,240,764▲ $52,058,474
Rtn Earn Endowment Incm Other Fnds$27,025,506$29,188,144▲ $2,162,638
Land, Buildings, and Equipment, Net$8,487,929$7,958,713▼ $529,216
Investments in Publicly Traded Securities$7,354,395$7,752,360▲ $397,965
Cash and Non-Interest-Bearing Accounts$5,587,905$5,807,290▲ $219,385
Pd in Cap Srpls Land Bldg Eqp Fund$4,469,849$4,469,849→ $0
Receivables From Officers Etc$2,873,371$2,926,796▲ $53,425
Investments Other Securities$2,727,155$2,727,155→ $0
Prepaid Expenses and Deferred Charges$741,545$729,115▼ $12,430
Accounts Receivable$122,168$18,596▼ $103,572
Inventories for Sale or Use$47,220$7,670▼ $39,550
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$275,577,534$337,112,672▲ $61,535,138
Other Assets Total$4,227,642$4,603,675▲ $376,033
Liabilities
Other Liabilities$228,565,536$295,383,785▲ $66,818,249
Accounts Payable and Accrued Expenses$3,451,368$4,070,894▲ $619,526
Mortgage Notes Payable Secured by Investment Property$12,050,000$4,000,000▼ $8,050,000
Deferred Revenue$15,275$0▼ $15,275
Total Liabilities$244,082,179$303,454,679▲ $59,372,500
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,495,355$33,657,993▲ $2,162,638
Total Liabilities and Net Assets / Fund Balance$275,577,534$337,112,672▲ $61,535,138

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,485,914$2,455,691$8,941,605
Equipment$822,801$4,453,313$5,276,114
Land$610,537-$610,537
Other Land Buildings$39,461$302,795$342,256
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patricia WesenbergPresident/CEOFT$175,597$180,066$355,663
Jason BuchingerFinancial AdvisorFT$175,958$182,603$182,603
Alan BergstromCEO - Exclamation ServicesFT$153,725$18,847$172,572
Kelly KorthChief Experience OfficerFT$137,989$6,059$144,048
Nicholas FaberChief Financial OfficerFT$132,148$5,423$137,571
Angela HeidenSr Mortgage Loan OfficerFT$112,150$3,401$115,551
Chrissie KeenSr. Mortgage Loan OfficerFT$109,926$1,200$111,126
Jen StantonVP of SalesFT$100,080$2,885$102,965
Tom MccartenDirector-$1,200-$1,200
Richard VoigtChairman-$1,095-$1,095
Mark PageVice Chair-$730-$730
Sue ShulferSecretary/treasurer-$730-$730
Iilee PedersonDirector-$615-$615
Bobbi BradleyDirector-$565-$565
Kayla RombalskiDirector-$565-$565
Herb StephaniDirector-$515-$515
John WelterDirector-$465-$465

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservDebit Card Processing, Computer Main Fra75 REMITTANCE DRIVE SUITE 1649, Chicago, IL 60675$1,165,104
Q2Online/home BankingPO BOX 205970, Dallas, TX 75320$427,005
Doxim INCStatment Production And Mailing747 EAST WHITCOMB AVE, Madison Heights, MI 48071$141,868
Spectrum Business-charter CommunicationsPhone/internet ProviderPO BOX 94188, Palatine, IL 60094-4188$127,938
Finastra USA CorporationLoan Origination System/disclosuresPO BOX 535120, Atlanta, GA 30353$112,510
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,576,040
Investment Income
$783,416
Other Revenue
$153,500
Change in Net Assets
$2,020,511

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,512,956
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$16,512,956
Total Revenue per Form 990
$16,512,956
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,677,478
Salaries, Compensation, and Employee Benefits$6,801,967
Grants and Similar Amounts Paid$13,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,519,080
Other Employee Benefits---$1,316,862
Current Officers, Directors, Trustees, and Key Employees---$1,295,318
All Other Expenses---$983,040
Depreciation Depletion---$618,902
Information Technology---$604,685
Fees for Services Management---$567,236
Other Expenses---$544,384
Office Expenses---$486,251
Occupancy---$385,818
Payroll Taxes---$362,985
Pension Plan Contributions---$307,722
Advertising---$291,712
Insurance---$110,150
Interest---$106,479
Fees for Services Accounting---$84,901
Travel---$84,226
Fees for Services Other---$56,306
Payments to Affiliates---$49,067
Grants to Domestic Individuals---$13,000
Fees for Services Legal---$5,407
Conferences and Meetings---$3,738
Total Functional Expenses$0$0$0$14,492,445

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,492,445
Total Expenses per Audited Statements$14,492,445
Total Expenses per Form 990$14,492,445
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$2,873,371$2,926,796▲ $53,425
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares$295,383,785
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members are individuals living or working in adams, clark, jackson, marathon, portage, shawano, waupaca, waushara, wood counties and the township of alma; employees of the cp rail systems, copps company and corporation, delta dental plan of wisconsin, donaldson company, corporate express, herrschners, inc., napa distribution center, skyward, steel king industries, inc., sne corporation, sunrise medical, and stockholders or patrons of the tomorrow valley co-op that have deposits with the credit union.”

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

“Board of directors is elected by members”

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

“BOARD MEETING”

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

“The credit union has both a fraud and anit-bribery act policy in the handbook that employees are required to acknowledge each year that addreses preferential treatment, the acceptance of gifts from a third party to derive special favors, and unauthorized disclosure or manipulation of member account informaiton. All board members must sign a code of conduct agreement and conflict of interest statement and disclosure annually as part of the reorganizational meeting.”

Form 990, Part VI, Section B, Line 15

“Various sources of comparative data are used and ranges are determined for each position. These ranges are reviewed against industry standards each year and ajusted as necessary. The board reviews ceo annually and the ceo reviews performance of key employees annually.”

Form 990, Part VI, Section C, Line 18

“UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“Financial statements are available upon request and an annual report is printed for each year-end. Any other requests for information would be submitted to the president/ceo or board chairman”

Filing and Contact Details

Filer

Filer Name
Simplicity Credit Union
EIN
39-0860994
Phone
7153873702
Address
222 UPHAM AVENUE, MARSHFIELD, WI 54449-0790

Signing Officer

Name
Nick Faber
Title
President/CFO
Phone
7152076801
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Wesenberg
Formed
1949
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
119
Volunteers
9

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING -2.”

Financial Statement Notes

PART IV, LINE 2B:

“When necessary, escrow accounts associated with mortgages are held on behalf of members. The balance in these accounts is included on line 25 of part x.”

PART X, LINE 2:

“Gaap requires management to evaluate tax positions taken by the credit union and recognize a tax liability (or asset) if the credit union has taken an uncertain position that more likely than not would be sustained upon examination by a taxing authority. Management has analyzed the tax positions taken by the credit union and has concluded that as of december 31, 2020 and 2019, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The credit union is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The credit union will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.”

Raw XML AppendixShowing 400 of 611 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03451368
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04070894
IRS990/AccountsReceivableGrp/BOYAmt0122168
IRS990/AccountsReceivableGrp/EOYAmt018596
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS.
IRS990/AdvertisingGrp/TotalAmt0291712
IRS990/AllOtherExpensesGrp/TotalAmt0983040
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NICHOLAS FABER
IRS990/BooksInCareOfDetail/PhoneNum07153873702
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 UPHAM AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARSHFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0544490790
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt05587905
IRS990/CashNonInterestBearingGrp/EOYAmt05807290
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt06
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01295318
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt03738
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt01165104
IRS990/ContractorCompensationGrp/CompensationAmt1427005
IRS990/ContractorCompensationGrp/CompensationAmt2141868
IRS990/ContractorCompensationGrp/CompensationAmt3127938
IRS990/ContractorCompensationGrp/CompensationAmt4112510
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt075 REMITTANCE DRIVE SUITE 1649
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 205970
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2747 EAST WHITCOMB AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 94188
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 535120
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1DALLAS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MADISON HEIGHTS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3PALATINE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060675
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd175320
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd248071
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd3600944188
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd430353
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FISERV
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Q2
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2DOXIM INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3SPECTRUM BUSINESS-CHARTER COMMUNICATIONS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4FINASTRA USA CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0DEBIT CARD PROCESSING, COMPUTER MAIN FRA
IRS990/ContractorCompensationGrp/ServicesDesc1ONLINE/HOME BANKING
IRS990/ContractorCompensationGrp/ServicesDesc2STATMENT PRODUCTION AND MAILING
IRS990/ContractorCompensationGrp/ServicesDesc3PHONE/INTERNET PROVIDER
IRS990/ContractorCompensationGrp/ServicesDesc4LOAN ORIGINATION SYSTEM/DISCLOSURES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt013000
IRS990/CYInvestmentIncomeAmt0783416
IRS990/CYOtherExpensesAmt07677478
IRS990/CYOtherRevenueAmt0153500
IRS990/CYProgramServiceRevenueAmt015576040
IRS990/CYRevenuesLessExpensesAmt02020511
IRS990/CYSalariesCompEmpBnftPaidAmt06801967
IRS990/CYTotalExpensesAmt014492445
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt016512956
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt015275
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0618902
IRS990/Desc0HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0119
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt084901
IRS990/FeesForServicesLegalGrp/TotalAmt05407
IRS990/FeesForServicesManagementGrp/TotalAmt0567236
IRS990/FeesForServicesOtherGrp/TotalAmt056306
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt95873
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt105423
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt116645
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt121775
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt136059
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt143401
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt151200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt162885
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD VOIGT
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK PAGE
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN WELTER
IRS990/Form990PartVIISectionAGrp/PersonNm3HERB STEPHANI
IRS990/Form990PartVIISectionAGrp/PersonNm4TOM MCCARTEN
IRS990/Form990PartVIISectionAGrp/PersonNm5SUE SHULFER
IRS990/Form990PartVIISectionAGrp/PersonNm6KAYLA ROMBALSKI
IRS990/Form990PartVIISectionAGrp/PersonNm7BOBBI BRADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8IILEE PEDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm9PATRICIA WESENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm10NICHOLAS FABER
IRS990/Form990PartVIISectionAGrp/PersonNm11JASON BUCHINGER
IRS990/Form990PartVIISectionAGrp/PersonNm12ALAN BERGSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm13KELLY KORTH
IRS990/Form990PartVIISectionAGrp/PersonNm14ANGELA HEIDEN
IRS990/Form990PartVIISectionAGrp/PersonNm15CHRISSIE KEEN
IRS990/Form990PartVIISectionAGrp/PersonNm16JEN STANTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01095
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1730
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2465
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3515
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5730
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6565
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7565
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9349790
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10132148
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11175958
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12170797
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13137989
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14112150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15109926
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16100080
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11FINANCIAL ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CEO - EXCLAMATION SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF EXPERIENCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SR MORTGAGE LOAN OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SR. MORTGAGE LOAN OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP OF SALES
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01949
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-3693
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt013000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt055617
IRS990/GrossReceiptsAmt016572266
IRS990/GrossRentsGrp/RealAmt0334
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0604685
IRS990/InsuranceGrp/TotalAmt0110150
IRS990/InterestGrp/TotalAmt0106479
IRS990/InventoriesForSaleOrUseGrp/BOYAmt047220
IRS990/InventoriesForSaleOrUseGrp/EOYAmt07670
IRS990/InvestmentIncomeGrp/ExclusionAmt0787109
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0787109
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02727155
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02727155
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07354395
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07752360
IRS990/IRPDocumentCnt05885
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07211799
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08487929
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07958713
IRS990/LandBldgEquipCostOrOtherBssAmt015170512
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt059310
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSIT FOR AND MAKING LOANS TO MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012050000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04000000
IRS990/NetAssetsOrFundBalancesBOYAmt031495355
IRS990/NetAssetsOrFundBalancesEOYAmt033657993
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-3693
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3693
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0334
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0334
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0142129
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0385818
IRS990/OfficeExpensesGrp/TotalAmt0486251
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04227642
IRS990/OtherAssetsTotalGrp/EOYAmt04603675
IRS990/OtherChangesInNetAssetsAmt0-2
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01316862
IRS990/OtherExpensesGrp/Desc0DIVIDENDS ON SHARES
IRS990/OtherExpensesGrp/Desc1DEBIT/CREDIT CARD EXPEN
IRS990/OtherExpensesGrp/Desc2PROVISION FOR BAD DEBT
IRS990/OtherExpensesGrp/Desc3LOAN ORIGINATION AND SE
IRS990/OtherExpensesGrp/TotalAmt01292426
IRS990/OtherExpensesGrp/TotalAmt1808584
IRS990/OtherExpensesGrp/TotalAmt2594166
IRS990/OtherExpensesGrp/TotalAmt3544384
IRS990/OtherLiabilitiesGrp/BOYAmt0228565536
IRS990/OtherLiabilitiesGrp/EOYAmt0295383785
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT SERVICES
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0153166
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0153166
IRS990/OtherRevenueTotalAmt0153166
IRS990/OtherSalariesAndWagesGrp/TotalAmt03519080
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0206225914
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0215340538
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt049067
IRS990/PayrollTaxesGrp/TotalAmt0362985
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt04469849
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt04469849
IRS990/PensionPlanContributionsGrp/TotalAmt0307722
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0741545
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0729115
IRS990/PrincipalOfficerNm0PATRICIA WESENBERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INSURANCE COMMISSION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER OPERATING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010573442
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13431170
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21172135
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3339718
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010573442
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13437320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21172135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3339718
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt06150
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01140462
IRS990/PYOtherExpensesAmt07187476
IRS990/PYOtherRevenueAmt040142
IRS990/PYProgramServiceRevenueAmt014396015
IRS990/PYRevenuesLessExpensesAmt02215240
IRS990/PYSalariesCompEmpBnftPaidAmt06173903
IRS990/PYTotalExpensesAmt013361379
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015576619
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt02873371
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt02926796
IRS990/ReconcilationRevenueExpnssAmt02020511
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0334
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt027025506
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt029188144
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037182290
IRS990/SavingsAndTempCashInvstGrp/EOYAmt089240764
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06485914
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02455691
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08941605
IRS990ScheduleD/EquipmentGrp/BookValueAmt0822801
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04453313
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05276114
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014492445
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0610537

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$337,112,672
Liabilities
$303,454,679
Net assets
$33,657,993
Revenue
$16,512,956
Expenses
$14,492,445
Net income
$2,020,511
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$500$454$45.9$32.5$29.7$2.79
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.$432$394$38.6$19.7$17.7$2.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$425$386$38.8$17.6$15.7$1.91
2020Detailed filing. Detailed filing data is available for this year.$337$303$33.7$16.5$14.5$2.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$276$244$31.5$15.6$13.4$2.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$248$219$28.9$13.9$11.2$2.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$240$214$26.4$12.0$9.80$2.18
2015Detailed filing. Detailed filing data is available for this year.$224$202$22.1$10.5$9.05$1.45
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$210$189$20.7$9.74$8.64$1.10
2013Detailed filing. Detailed filing data is available for this year.$204$185$19.2$9.26$8.75$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$194$175$19.4$8.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$180$161$18.5$8.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$171$153$18.2$8.63
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)14 • $250M-$1B nonprofits