Civic Intelligence

Mcu Financial Services Credit Union

990 • Fiscal year 2017 • EIN 39-0891442

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 21, 2018

Organization ProfileWWW.MCUCREDITUNION.COM

View Organization Page

1462 S Green Bay RdRacine, WI 53406

(262) 634-6691

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.91x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

21.25x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Net Margin

38th percentile

4.2%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$65,424

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Asset Growth

31st percentile

-0.7%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-2.1%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$23,504,314

Down $167,123 (-0.7%) from 2016

Net Assets

Up

$2,120,305

Up $42,054 (+2.0%) from 2016

Liabilities

Down

$21,384,009

Down $209,177 (-1.0%) from 2016

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin38th percentile

Revenue

Down

$1,006,208

Down $21,593 (-2.1%) from 2016

Expenses

Down

$964,155

Down $33,577 (-3.4%) from 2016

Net Income

Up

$42,053

Up $11,984 (+40%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$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

2017

Assets$23,504,314
Liabilities$21,384,009
Net Assets$2,120,305
Open 2017 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$1,006,208
Expenses$964,155
Net Income$42,053
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 21, 2018
Return Version
2017v2.3
Gross Receipts
$1,006,208
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$18,431,081$17,943,187▼ $487,894
Savings and Temporary Cash Investments$2,140,090$2,506,205▲ $366,115
Rtn Earn Endowment Incm Other Fnds$2,078,251$2,120,305▲ $42,054
Investments Program Related$1,298,274$1,450,927▲ $152,653
Land, Buildings, and Equipment, Net$580,310$634,198▲ $53,888
Cash and Non-Interest-Bearing Accounts$504,373$363,985▼ $140,388
Prepaid Expenses and Deferred Charges$359,331$283,505▼ $75,826
Total Assets$23,671,437$23,504,314▼ $167,123
Other Assets Total$357,978$322,307▼ $35,671
Liabilities
Other Liabilities$21,410,378$21,325,278▼ $85,100
Accounts Payable and Accrued Expenses$171,638$54,816▼ $116,822
Escrow Account Liability$11,170$3,915▼ $7,255
Total Liabilities$21,593,186$21,384,009▼ $209,177
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,078,251$2,120,305▲ $42,054
Total Liabilities and Net Assets / Fund Balance$23,671,437$23,504,314▼ $167,123

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$370,804$630,604$1,001,408
Equipment$32,909$307,072$339,981
Land$230,485-$230,485
Investment Program Related Org$20--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard DelfsPresidentFT$64,000$1,424$65,424
Ryan AndersonSecretary/tr-$26,400-$26,400

Board Members and Trustees

NameTitle
Jeffery PassarelliChairman
Mark LeeVice Chair
Steven WymaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$937,348
Investment Income
$48,474
Other Revenue
$20,386
Change in Net Assets
$42,053
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$671,437
Salaries, Compensation, and Employee Benefits$292,718
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$199,817
Office Expenses---$157,296
Current Officers, Directors, Trustees, and Key Employees---$64,000
Occupancy---$54,447
Information Technology---$53,766
Depreciation Depletion---$46,986
Payroll Taxes---$21,912
Other Expenses---$19,940
Insurance---$15,004
Fees for Services Other---$8,048
Other Employee Benefits---$6,989
Conferences and Meetings---$1,622
Advertising---$775
Interest---$2
Total Functional Expenses$0$0$0$964,155
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$21,275,537
457 Def Comp Liability$53,656
Escrow Amnts to Line 21 Bal Sheet$-3,915
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 an independent cpa who completes the return. The president reviews the return for accuracy, and then authorizes the 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 salary for the president. This determination is noted in the minutes of the appropriate board meeting.”

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
Richard Delfs
Title
President
Phone
2626346691
Signed
2018-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Delfs
Formed
1939
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
4
Employees
13
Volunteers
4

Preparer

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

Additional Explanations

Form 990, Part XI, Line 9

“ROUNDING 1”

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 Appendix356 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/BOYAmt0171638
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt054816
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE SECURE, CONVENIENT AND QUALITY FINANCIAL SERVICES, IN AN ECONOMICALLY SOUND MANNER, TO ALL PRESENT AND POTENTIAL MEMBERS.
IRS990/AdvertisingGrp/TotalAmt0775
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0RICHARD DELFS
IRS990/BooksInCareOfDetail/PhoneNum02626346691
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01462 S GREEN BAY RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0RACINE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053406
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0504373
IRS990/CashNonInterestBearingGrp/EOYAmt0363985
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt064000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt01622
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048474
IRS990/CYOtherExpensesAmt0671437
IRS990/CYOtherRevenueAmt020386
IRS990/CYProgramServiceRevenueAmt0937348
IRS990/CYRevenuesLessExpensesAmt042053
IRS990/CYSalariesCompEmpBnftPaidAmt0292718
IRS990/CYTotalExpensesAmt0964155
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01006208
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt046986
IRS990/Desc0THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 284 NEW DEPOSIT ACCOUNTS IN 2017. AS OF 12/31/17 WE HAD 3,609 MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountLiabilityGrp/BOYAmt011170
IRS990/EscrowAccountLiabilityGrp/EOYAmt03915
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesOtherGrp/TotalAmt08048
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt41424
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFFERY PASSARELLI
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK LEE
IRS990/Form990PartVIISectionAGrp/PersonNm2RYAN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN WYMA
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD DELFS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt226400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt464000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01006208
IRS990/GrossRentsGrp/RealAmt0225
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt053766
IRS990/InsuranceGrp/TotalAmt015004
IRS990/InterestGrp/TotalAmt02
IRS990/InvestmentIncomeGrp/ExclusionAmt048474
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048474
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01298274
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01450927
IRS990/IRPDocumentCnt0345
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0937676
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0580310
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0634198
IRS990/LandBldgEquipCostOrOtherBssAmt01571874
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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/NetAssetsOrFundBalancesBOYAmt02078251
IRS990/NetAssetsOrFundBalancesEOYAmt02120305
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0225
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0225
IRS990/NetUnrelatedBusTxblIncmAmt0-3668
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt054447
IRS990/OfficeExpensesGrp/TotalAmt0157296
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0357978
IRS990/OtherAssetsTotalGrp/EOYAmt0322307
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06989
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING EXP
IRS990/OtherExpensesGrp/Desc1DIVIDENDS EXPENSE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0277694
IRS990/OtherExpensesGrp/TotalAmt135857
IRS990/OtherExpensesGrp/TotalAmt219940
IRS990/OtherLiabilitiesGrp/BOYAmt021410378
IRS990/OtherLiabilitiesGrp/EOYAmt021325278
IRS990/OtherRevenueMiscGrp/Desc0DISTRIBUTION/RESTITUTION CSMC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02249
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02249
IRS990/OtherRevenueTotalAmt02249
IRS990/OtherSalariesAndWagesGrp/TotalAmt0199817
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018431081
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt017943187
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt021912
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0359331
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0283505
IRS990/PrincipalOfficerNm0RICHARD DELFS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NON-MEMBER ATM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0800471
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1135047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0800471
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1135047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21830
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01830
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 328 NEW LOANS TO OUR MEMBERS DURING 2017. AS OF 12/31/17 WE HAD 1,866 LOANS TO OUR MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt035703
IRS990/PYOtherExpensesAmt0692667
IRS990/PYOtherRevenueAmt037922
IRS990/PYProgramServiceRevenueAmt0954176
IRS990/PYRevenuesLessExpensesAmt030069
IRS990/PYSalariesCompEmpBnftPaidAmt0305065
IRS990/PYTotalExpensesAmt0997732
IRS990/PYTotalRevenueAmt01027801
IRS990/ReconcilationRevenueExpnssAmt042053
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0225
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesRevenueGrp/ExclusionAmt017912
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt017912
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02078251
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02120305
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02140090
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02506205
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0370804
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0630604
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01001408
IRS990ScheduleD/EquipmentGrp/BookValueAmt032909
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0307072
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0339981
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01198000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1222607
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt220300
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/Amt021275537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt153656
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-3915
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1457 DEF COMP LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ESCROW 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/TotalBookValueLandBuildingsAmt0634198
IRS990ScheduleD/TotalBookValueProgramRltdAmt01450927
IRS990ScheduleD/TotalLiabilityAmt021325278
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 AN INDEPENDENT CPA WHO COMPLETES THE RETURN. THE PRESIDENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES THE 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 SALARY FOR THE PRESIDENT. THIS DETERMINATION IS NOTED IN THE MINUTES OF THE APPROPRIATE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BYLAWS ARE AVAILABLE ON REQUEST. CONSOLIDATED BALANCE SHEET IS POSTED IN THE CREDIT UNION LOBBY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING 1
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023671437
IRS990/TotalAssetsEOYAmt023504314
IRS990/TotalAssetsGrp/BOYAmt023671437
IRS990/TotalAssetsGrp/EOYAmt023504314
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0964155
IRS990/TotalGrossUBIAmt01830
IRS990/TotalLiabilitiesBOYAmt021593186
IRS990/TotalLiabilitiesEOYAmt021384009
IRS990/TotalLiabilitiesGrp/BOYAmt021593186
IRS990/TotalLiabilitiesGrp/EOYAmt021384009
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02078251
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02120305
IRS990/TotalOtherCompensationAmt01424
IRS990/TotalProgramServiceRevenueAmt0937348
IRS990/TotalReportableCompFromOrgAmt090400
IRS990/TotalRevenueGrp/ExclusionAmt066611
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0937767
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01006208
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01830
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023671437
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023504314
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/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.MCUCREDITUNION.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD DELFS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02626346691
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-21
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/FilingSecurityInformation/AtSubmissionCreationDeviceId09BC338CFDC890234D28751759F3912E6BC56CABB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09BC338CFDC890234D28751759F3912E6BC56CABB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.88.144.85
ReturnHeader/FilingSecurityInformation/IPDt02018-03-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:35:06
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461605712
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/PreparationDt02018-03-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENT WOOKEY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-03-23T10:35:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,504,314
Liabilities
$21,384,009
Net assets
$2,120,305
Revenue
$1,006,208
Expenses
$964,155
Net income
$42,053
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)14 • $10M-$25M nonprofits