Civic Intelligence

Mcu Financial Center Credit Union

EIN 39-0891442 • 501(c)14 • Racine, WI

View Organization Page

Profile

To provide secure, convenient and quality financial services, in an economically sound manner, to all present and potential members.

1462 S Green Bay RdRacine, WI 53406

www.mcucreditunion.com

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.90x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

17.60x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Net Margin

53rd percentile

12%

Higher net margin than 53% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$82,624

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Asset Growth

65th percentile

2.9%

Faster asset growth than 65% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

19%

Faster revenue growth than 80% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$29,755,104

Up $835,823 (+2.9%) from 2023

Liabilities

Up

$26,764,353

Up $656,647 (+2.5%) from 2023

Net Assets

Up

$2,990,751

Up $179,176 (+6.4%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin53rd percentile

Revenue

Up

$1,520,465

Up $242,884 (+19%) from 2023

Expenses

Up

$1,341,289

Up $203,817 (+18%) from 2023

Net Income

Up

$179,176

Up $39,067 (+28%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$40M$30M$20M$10M$0Assets 2010: $27,901,228Liabilities 2010: $25,602,022Net Assets 2010: $2,299,2062010Assets 2011: $26,130,428Liabilities 2011: $24,150,396Net Assets 2011: $1,980,0322011Assets 2012: $26,614,906Liabilities 2012: $24,528,096Net Assets 2012: $2,086,8102012Assets 2013: $25,139,721Liabilities 2013: $23,103,156Net Assets 2013: $2,036,5652013Assets 2014: $24,374,988Liabilities 2014: $22,283,025Net Assets 2014: $2,091,9632014Assets 2015: $25,501,876Liabilities 2015: $23,453,694Net Assets 2015: $2,048,1822015Assets 2016: $23,671,437Liabilities 2016: $21,593,186Net Assets 2016: $2,078,2512016Assets 2017: $23,504,314Liabilities 2017: $21,384,009Net Assets 2017: $2,120,3052017Assets 2018: $23,163,174Liabilities 2018: $20,950,341Net Assets 2018: $2,212,8332018Assets 2019: $23,558,478Liabilities 2019: $21,159,774Net Assets 2019: $2,398,7042019Assets 2020: $30,071,851Liabilities 2020: $27,537,668Net Assets 2020: $2,534,1832020Assets 2021: $29,257,951Liabilities 2021: $26,643,176Net Assets 2021: $2,614,7752021Assets 2022: $30,011,579Liabilities 2022: $27,340,113Net Assets 2022: $2,671,4662022Assets 2023: $28,919,281Liabilities 2023: $26,107,706Net Assets 2023: $2,811,5752023Assets 2024: $29,755,104Liabilities 2024: $26,764,353Net Assets 2024: $2,990,7512024

Highlighted filing

2024

Assets$29,755,104
Liabilities$26,764,353
Net Assets$2,990,751
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,608,8102010Expenses 2011: $1,802,9972011Expenses 2012: $1,236,3042012Revenue 2013: $1,193,534Expenses 2013: $1,242,788Net Income 2013: -$49,2542013Revenue 2014: $1,131,807Expenses 2014: $1,075,626Net Income 2014: $56,1812014Revenue 2015: $1,019,810Expenses 2015: $1,062,749Net Income 2015: -$42,9392015Revenue 2016: $1,027,801Expenses 2016: $997,732Net Income 2016: $30,0692016Revenue 2017: $1,006,208Expenses 2017: $964,155Net Income 2017: $42,0532017Revenue 2018: $885,741Expenses 2018: $793,213Net Income 2018: $92,5282018Revenue 2019: $952,343Expenses 2019: $766,472Net Income 2019: $185,8712019Revenue 2020: $985,138Expenses 2020: $849,783Net Income 2020: $135,3552020Revenue 2021: $964,025Expenses 2021: $883,753Net Income 2021: $80,2722021Revenue 2022: $1,012,908Expenses 2022: $955,492Net Income 2022: $57,4162022Revenue 2023: $1,277,581Expenses 2023: $1,137,472Net Income 2023: $140,1092023Revenue 2024: $1,520,465Expenses 2024: $1,341,289Net Income 2024: $179,1762024

Highlighted filing

2024

Revenue$1,520,465
Expenses$1,341,289
Net Income$179,176
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$29,755,104
Liabilities
$26,764,353
Net assets
$2,990,751
Revenue
$1,520,465
Expenses
$1,341,289
Net income
$179,176
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.8$26.8$2.99$1.52$1.34$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$26.1$2.81$1.28$1.14$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.0$27.3$2.67$1.01$0.96$0.06
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$29.3$26.6$2.61$0.96$0.88$0.08
2020Detailed filing. Detailed filing data is available for this year.$30.1$27.5$2.53$0.99$0.85$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.6$21.2$2.40$0.95$0.77$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.2$21.0$2.21$0.89$0.79$0.09
2017Detailed filing. Detailed filing data is available for this year.$23.5$21.4$2.12$1.01$0.96$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.7$21.6$2.08$1.03$1.00$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.5$23.5$2.05$1.02$1.06$0.04
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$24.4$22.3$2.09$1.13$1.08$0.06
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$25.1$23.1$2.04$1.19$1.24$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.6$24.5$2.09$1.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$24.2$1.98$1.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$25.6$2.30$1.61
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 6, 2023
Return Version
2022v5.0
Gross Receipts
$1,049,183
Mission and Program Overview

Mission

To provide secure, convenient and quality financial services, in an economically sound manner, to all present and potential members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$21,194,011$22,226,242▲ $1,032,231
Savings and Temporary Cash Investments$5,545,031$4,201,478▼ $1,343,553
Rtn Earn Endowment Incm Other Fnds$2,614,775$2,671,466▲ $56,691
Investments Program Related$853,185$1,747,321▲ $894,136
Land, Buildings, and Equipment, Net$703,322$669,590▼ $33,732
Cash and Non-Interest-Bearing Accounts$258,647$464,632▲ $205,985
Prepaid Expenses and Deferred Charges$360,450$352,739▼ $7,711
Total Assets$29,257,951$30,011,579▲ $753,628
Other Assets Total$343,305$349,577▲ $6,272
Liabilities
Other Liabilities$26,524,954$27,217,281▲ $692,327
Accounts Payable and Accrued Expenses$97,844$94,688▼ $3,156
Escrow Account Liability$20,378$28,144▲ $7,766
Total Liabilities$26,643,176$27,340,113▲ $696,937
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,614,775$2,671,466▲ $56,691
Total Liabilities and Net Assets / Fund Balance$29,257,951$30,011,579▲ $753,628

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$346,704$807,351$1,154,055
Equipment$92,401$224,953$317,354
Land$230,485-$230,485
Investment Program Related Org$20--
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brannan HoodPresidentFT$73,096$1,864$74,960

Board Members and Trustees

NameTitle
Jeffery PassarelliChairman
Mark LeeVice Chair
Richard DelfsDirector
Steven WymaDirector
Ryan AndersonSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$874,483
Investment Income
$116,193
Other Revenue
$22,232
Change in Net Assets
$57,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$532,777
Salaries, Compensation, and Employee Benefits$422,715
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$311,484
Office Expenses---$133,686
Information Technology---$108,543
Current Officers, Directors, Trustees, and Key Employees---$73,096
Depreciation Depletion---$53,306
Occupancy---$51,749
Payroll Taxes---$30,220
Other Expenses---$28,296
Advertising---$18,249
Fees for Services Accounting---$14,167
Insurance---$13,179
Other Employee Benefits---$7,915
Fees for Services Legal---$3,721
Conferences and Meetings---$1,653
Total Functional Expenses$0$0$0$955,492
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 & Deposits$27,245,425
Escrow Amnts to Line 21 Bal Sheet$-28,144
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization has members. To be a member one must have a share (savings) account at the credit union.”

Form 990, Page 6, Part VI, Line 7A

“The board of directors is elected by the credit union members. Each member has one vote.”

Form 990, Page 6, Part VI, Line 7B

“A member vote is required for decisions which are beyond the authority of the board of directors. Items which require a membership vote are outlined and specified in our bylaws. Each member has one vote.”

Form 990, Page 6, Part VI, Line 11B

“The president provides necessary data to independent cpa who completes the return. The president reviews the return for accuracy, and then authorizes cpa to e-file the approved return. The president reviews the return with the rest of the directors at the next board meeting.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors determine the compensation for the president and approval is noted in the board meeting minutes.”

Form 990, Page 6, Part VI, Line 19

“Bylaws are available on request. Consolidated balance sheet is posted in the credit union lobby.”

Filing and Contact Details

Filer

Filer Name
Mcu Financial Center Credit Union
EIN
39-0891442
Phone
2626346691
Address
1462 S GREEN BAY RD, RACINE, WI 53406

Signing Officer

Name
Brannan Hood
Title
President
Phone
2626346691
Signed
2023-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brannan Hood
Formed
1939
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
9
Volunteers
4

Preparer

Firm
Brent Wookey CPA
Address
PO BOX 1512, LA CROSSE, WI 54602-1512
Preparer
Brent Wookey CPA
Phone
6087920843
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The credit union holds funds in escrow accounts for property taxes and homeowners insurance related to mortgage loans.”

Raw XML Appendix359 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/BOYAmt097844
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt094688
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE SECURE, CONVENIENT AND QUALITY FINANCIAL SERVICES, IN AN ECONOMICALLY SOUND MANNER, TO ALL PRESENT AND POTENTIAL MEMBERS.
IRS990/AdvertisingGrp/TotalAmt018249
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0BRANNAN HOOD
IRS990/BooksInCareOfDetail/PhoneNum02626346691
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01462 S GREEN BAY RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0RACINE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053406
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0258647
IRS990/CashNonInterestBearingGrp/EOYAmt0464632
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt073096
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt01653
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0116193
IRS990/CYOtherExpensesAmt0532777
IRS990/CYOtherRevenueAmt022232
IRS990/CYProgramServiceRevenueAmt0874483
IRS990/CYRevenuesLessExpensesAmt057416
IRS990/CYSalariesCompEmpBnftPaidAmt0422715
IRS990/CYTotalExpensesAmt0955492
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01012908
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt053306
IRS990/Desc0THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 294 NEW DEPOSIT ACCOUNTS IN 2022. AS OF 12/31/22 WE HAD 2,863 MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountLiabilityGrp/BOYAmt020378
IRS990/EscrowAccountLiabilityGrp/EOYAmt028144
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt014167
IRS990/FeesForServicesLegalGrp/TotalAmt03721
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt01864
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0BRANNAN HOOD
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFFERY PASSARELLI
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK LEE
IRS990/Form990PartVIISectionAGrp/PersonNm3RYAN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVEN WYMA
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD DELFS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt073096
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0325
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt036600
IRS990/GrossReceiptsAmt01049183
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0108543
IRS990/InsuranceGrp/TotalAmt013179
IRS990/InvestmentIncomeGrp/ExclusionAmt0115868
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0115868
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt0853185
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01747321
IRS990/IRPDocumentCnt0370
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipCostOrOtherBssAmt01701894
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt036275
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO PROVIDE SECURE, CONVENIENT AND QUALITY FINANCIAL SERVICES, IN AN ECONOMICALLY SOUND MANNER, TO ALL PRESENT AND POTENTIAL MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02614775
IRS990/NetAssetsOrFundBalancesEOYAmt02671466
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0325
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0325
IRS990/NetUnrlzdGainsLossesInvstAmt0-320
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt051749
IRS990/OfficeExpensesGrp/TotalAmt0133686
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0343305
IRS990/OtherAssetsTotalGrp/EOYAmt0349577
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07915
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DIVIDENDS EXPENSE
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/TotalAmt068706
IRS990/OtherExpensesGrp/TotalAmt137522
IRS990/OtherExpensesGrp/TotalAmt228296
IRS990/OtherLiabilitiesGrp/BOYAmt026524954
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt021194011
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt022226242
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt030220
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0360450
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0352739
IRS990/PrincipalOfficerNm0BRANNAN HOOD
IRS990/PriorPeriodAdjustmentsAmt0-405
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/BusinessCd3520000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER MEMBER RELATED INCOME
IRS990/ProgramServiceRevenueGrp/Desc3FEE & INSURANCE INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt193587
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214574
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0764714
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt193587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214574
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31608
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01608
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 348 NEW LOANS DURING 2022. AS OF 12/31/22 WE HAD 1,978 OUSTANDING LOANS RECEIVABLE.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt043801
IRS990/PYOtherExpensesAmt0473707
IRS990/PYOtherRevenueAmt022582
IRS990/PYProgramServiceRevenueAmt0897642
IRS990/PYRevenuesLessExpensesAmt080272
IRS990/PYSalariesCompEmpBnftPaidAmt0410046
IRS990/PYTotalExpensesAmt0883753
IRS990/PYTotalRevenueAmt0964025
IRS990/ReconcilationRevenueExpnssAmt057416
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesRevenueGrp/ExclusionAmt022232
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt022232
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02614775
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02671466
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05545031
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04201478
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0346704
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0807351
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01154055
IRS990ScheduleD/EquipmentGrp/BookValueAmt092401
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0224953
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0317354
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01495000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1222607
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt219694
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt310000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt420
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS W/ MATURITY > 1 YR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CAPITAL ACCTS CORPORATE CREDIT UNION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2PSCU PATRONAGE EQUITY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3INVESTMENT SHARED SERV CTR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4WISCUB STOCK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/LandGrp/BookValueAmt0230485
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0230485
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027245425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-28144
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCROW AMNTS TO LINE 21 BAL SHEET
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0669590
IRS990ScheduleD/TotalBookValueProgramRltdAmt01747321
IRS990ScheduleD/TotalLiabilityAmt027217281
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT PROVIDES NECESSARY DATA TO INDEPENDENT CPA WHO COMPLETES THE RETURN. THE PRESIDENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. THE PRESIDENT REVIEWS THE RETURN WITH THE REST OF THE DIRECTORS AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION FOR THE PRESIDENT AND APPROVAL IS NOTED IN THE BOARD MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BYLAWS ARE AVAILABLE ON REQUEST. CONSOLIDATED BALANCE SHEET IS POSTED IN THE CREDIT UNION LOBBY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt030011579
IRS990/TotalAssetsGrp/BOYAmt029257951
IRS990/TotalAssetsGrp/EOYAmt030011579
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0955492
IRS990/TotalGrossUBIAmt01608
IRS990/TotalLiabilitiesBOYAmt026643176
IRS990/TotalLiabilitiesEOYAmt027340113
IRS990/TotalLiabilitiesGrp/BOYAmt026643176
IRS990/TotalLiabilitiesGrp/EOYAmt027340113
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02614775
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02671466
IRS990/TotalOtherCompensationAmt01864
IRS990/TotalProgramServiceRevenueAmt0874483
IRS990/TotalReportableCompFromOrgAmt073096
IRS990/TotalRevenueGrp/ExclusionAmt0138100
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0873200
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01012908
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01608
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt029257951
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030011579
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01462 S GREEN BAY RD
IRS990/USAddress/CityNm0RACINE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053406
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MCUCREDITUNION.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRANNAN HOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02626346691
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCU FINANCIAL CENTER CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MCUF
ReturnHeader/Filer/EIN0390891442
ReturnHeader/Filer/PhoneNum02626346691
ReturnHeader/Filer/USAddress/AddressLine1Txt01462 S GREEN BAY RD
ReturnHeader/Filer/USAddress/CityNm0RACINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053406
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461065712
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRENT WOOKEY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1512
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA CROSSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546021512
ReturnHeader/PreparerPersonGrp/PhoneNum06087920843
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENT WOOKEY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-04-18T15:27:38-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRANNAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOOD
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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