Civic Intelligence

Tomah Area Credit Union

990 • Fiscal year 2018 • EIN 39-0966830

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 02, 2019

Organization ProfileWWW.TACUONLINE.COM

View Organization Page

PO Box 940Tomah, WI 54660

(608) 372-4736

Siviq Scores

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

Liabilities / Assets

69th percentile

0.90x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

19.56x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Net Margin

73rd percentile

18%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

60th percentile

$154,525

Higher top officer pay than 60% of similar nonprofits.

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

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Asset Growth

71st percentile

3.7%

Faster asset growth than 71% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$62,540,147

Up $2,212,045 (+3.7%) from 2017

Net Assets

Up

$6,328,730

Up $510,371 (+8.8%) from 2017

Liabilities

Up

$56,211,417

Up $1,701,674 (+3.1%) from 2017

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin73rd percentile

Revenue

Up

$2,874,189

Up $317,706 (+12%) from 2017

Expenses

Up

$2,363,818

Up $73,300 (+3.2%) from 2017

Net Income

Up

$510,371

Up $244,406 (+92%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$150M$100M$50M$0Assets 2010: $50,130,277Liabilities 2010: $45,418,861Net Assets 2010: $4,711,4162010Assets 2011: $52,348,322Liabilities 2011: $47,597,224Net Assets 2011: $4,751,0982011Assets 2012: $53,665,562Liabilities 2012: $48,552,444Net Assets 2012: $5,113,1182012Assets 2013: $54,490,678Liabilities 2013: $49,162,662Net Assets 2013: $5,328,0162013Assets 2014: $56,830,903Liabilities 2014: $51,382,551Net Assets 2014: $5,448,3522014Assets 2015: $57,279,573Liabilities 2015: $51,732,031Net Assets 2015: $5,547,5422015Assets 2016: $57,841,230Liabilities 2016: $52,288,836Net Assets 2016: $5,552,3942016Assets 2017: $60,328,102Liabilities 2017: $54,509,743Net Assets 2017: $5,818,3592017Assets 2018: $62,540,147Liabilities 2018: $56,211,417Net Assets 2018: $6,328,7302018Assets 2019: $66,628,756Liabilities 2019: $59,597,405Net Assets 2019: $7,031,3512019Assets 2020: $88,934,855Liabilities 2020: $81,315,123Net Assets 2020: $7,619,7322020Assets 2021: $100,004,143Liabilities 2021: $91,790,260Net Assets 2021: $8,213,8832021Assets 2022: $98,532,665Liabilities 2022: $89,365,064Net Assets 2022: $9,167,6012022Assets 2023: $98,978,712Liabilities 2023: $88,073,215Net Assets 2023: $10,905,4972023Assets 2024: $109,533,670Liabilities 2024: $96,781,038Net Assets 2024: $12,752,6322024Assets 2025: $121,088,675Liabilities 2025: $106,280,719Net Assets 2025: $14,807,9562025

Highlighted filing

2018

Assets$62,540,147
Liabilities$56,211,417
Net Assets$6,328,730
Open 2018 Filing

Operations Trend

Revenue Growth68th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $2,411,8432010Expenses 2011: $2,338,7422011Expenses 2012: $2,124,1762012Revenue 2013: $2,426,149Expenses 2013: $2,121,741Net Income 2013: $304,4082013Revenue 2014: $2,182,380Expenses 2014: $2,062,044Net Income 2014: $120,3362014Revenue 2015: $2,240,970Expenses 2015: $2,141,780Net Income 2015: $99,1902015Revenue 2016: $2,364,491Expenses 2016: $2,359,639Net Income 2016: $4,8522016Revenue 2017: $2,556,483Expenses 2017: $2,290,518Net Income 2017: $265,9652017Revenue 2018: $2,874,189Expenses 2018: $2,363,818Net Income 2018: $510,3712018Revenue 2019: $3,147,121Expenses 2019: $2,444,499Net Income 2019: $702,6222019Revenue 2020: $3,141,614Expenses 2020: $2,553,234Net Income 2020: $588,3802020Revenue 2021: $3,057,536Expenses 2021: $2,463,385Net Income 2021: $594,1512021Revenue 2022: $3,376,958Expenses 2022: $2,423,240Net Income 2022: $953,7182022Revenue 2023: $4,837,364Expenses 2023: $3,099,468Net Income 2023: $1,737,8962023Revenue 2024: $5,878,229Expenses 2024: $4,031,094Net Income 2024: $1,847,1352024Revenue 2025: $6,269,770Expenses 2025: $4,214,446Net Income 2025: $2,055,3242025

Highlighted filing

2018

Revenue$2,874,189
Expenses$2,363,818
Net Income$510,371
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 2, 2019
Return Version
2018v3.1
Gross Receipts
$2,874,189
Mission and Program Overview

Mission

The mission of this credit union to provide the best financial service to our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$45,132,161$45,311,501▲ $179,340
Savings and Temporary Cash Investments$5,487,431$10,137,545▲ $4,650,114
Rtn Earn Endowment Incm Other Fnds$5,818,359$6,328,730▲ $510,371
Investments Program Related$6,505,552$4,249,853▼ $2,255,699
Land, Buildings, and Equipment, Net$1,165,257$1,166,268▲ $1,011
Cash and Non-Interest-Bearing Accounts$546,502$489,706▼ $56,796
Prepaid Expenses and Deferred Charges$211,017$143,248▼ $67,769
Accounts Receivable$13,005$13,050▲ $45
Total Assets$60,328,102$62,540,147▲ $2,212,045
Other Assets Total$1,267,177$1,028,976▼ $238,201
Liabilities
Other Liabilities$53,901,577$55,685,835▲ $1,784,258
Accounts Payable and Accrued Expenses$556,582$466,111▼ $90,471
Escrow Account Liability$51,584$59,471▲ $7,887
Total Liabilities$54,509,743$56,211,417▲ $1,701,674
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,818,359$6,328,730▲ $510,371
Total Liabilities and Net Assets / Fund Balance$60,328,102$62,540,147▲ $2,212,045

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$882,084$670,628$1,552,712
Equipment$168,094$458,257$626,351
Land$116,090-$116,090
Investment Program Related Org$367,475--
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John LaufenbergFormer CEO-$154,525$154,525$154,525
Todd ScholzPresident/ceFT$93,418$28,821$122,239
Christine LaufenbergVP Member SeFT$56,422$19,537$75,959
Jayme AltmanHead of AccoFT$56,596$13,134$69,730
Paul WieseBoard Chair-$1,400-$1,400
John FroelichVice Chair-$1,300-$1,300
Martha KlattDirector-$1,300-$1,300
Gary KlinkerSecretary-$1,200-$1,200
Linda JohnsonTreasurer-$1,100-$1,100
Carl SalzwedelDirector-$900-$900
Alan LaylanDirector-$800-$800

Highest Paid Contractors

ContractorServicesLocationCompensation
Enhanced Software Products INCCore Processor1811 N HUTCHINSON RAOD, Spokane, WA 99212$140,198
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,513,476
Investment Income
$351,422
Other Revenue
$9,291
Change in Net Assets
$510,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,219,192
Salaries, Compensation, and Employee Benefits$1,142,626
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$546,211
Office Expenses---$253,308
Current Officers, Directors, Trustees, and Key Employees---$214,436
Pension Plan Contributions---$199,266
Other Employee Benefits---$125,676
Information Technology---$116,157
Depreciation Depletion---$102,181
Occupancy---$70,445
Payroll Taxes---$57,037
Advertising---$40,547
Insurance---$22,634
Conferences and Meetings---$16,388
Travel---$11,166
Fees for Services Other---$9,252
Other Expenses---$7,389
Grants to Domestic Orgs---$2,000
Fees for Services Legal---$1,298
Interest---$46
Total Functional Expenses$0$0$0$2,363,818
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$55,465,120
Deferred Comp Plans$280,186
Escrow Accounts to Line 21 Bal Sheet$-59,471
Governance and Compliance

Governance Checklist

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

Governance Explanations

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 organization provides the necessary information to independent cpa to prepare the 990. Management reviews the 990 for accuracy, and then authorizes the cpa to e-file the approved return. Management reviews the return with the board of directors at their next board meeting.”

Form 990, Page 6, Part VI, Line 12C

“The credit unions conflict of interest policy is constantly monitored. Each time an issue arrises, the policy is reviewed to ensure compliance.”

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

“The board of directors determines and approves the compensation for the president using comparability studies.”

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

“Compensation for all other officers and key employees is determined by the president using comparability studies.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to members upon request.”

Filing and Contact Details

Filer

Filer Name
Tomah Area Credit Union
EIN
39-0966830
Phone
6083724736
Address
PO BOX 940, TOMAH, WI 54660

Signing Officer

Name
Todd Scholz
Title
President/CEO
Phone
6083724736
Signed
2019-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Scholz
Formed
1939
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
26
Volunteers
7

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.”

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IRS990/OtherExpensesGrp/Desc0DEBIT CARD PROGRAMS
IRS990/OtherExpensesGrp/Desc1DIVIDENDS ON SHARES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXP
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0237313
IRS990/OtherExpensesGrp/TotalAmt1208751
IRS990/OtherExpensesGrp/TotalAmt2122317
IRS990/OtherExpensesGrp/TotalAmt37389
IRS990/OtherLiabilitiesGrp/BOYAmt053901577
IRS990/OtherLiabilitiesGrp/EOYAmt055685835
IRS990/OtherSalariesAndWagesGrp/TotalAmt0546211
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt045132161
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt045311501
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt057037
IRS990/PensionPlanContributionsGrp/TotalAmt0199266
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0211017
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0143248
IRS990/PrincipalOfficerNm0TODD SCHOLZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522310
IRS990/ProgramServiceRevenueGrp/BusinessCd3522130
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER MEMBER RELATED REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3NON-MEMBER ATM FEES
IRS990/ProgramServiceRevenueGrp/Desc4MECH BRKDWN INSUR INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01793602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1567720
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2139388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01793602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1567720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2139388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37722
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44400
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt07722
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt14400
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 701 NEW LOANS TO OUR MEMBERS DURING 2018. AS OF 12/31/18 WE HAD 3,513 LOANS TO OUR MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt0310864
IRS990/PYOtherExpensesAmt01162693
IRS990/PYOtherRevenueAmt09680
IRS990/PYProgramServiceRevenueAmt02235939
IRS990/PYRevenuesLessExpensesAmt0265965
IRS990/PYSalariesCompEmpBnftPaidAmt01126825
IRS990/PYTotalExpensesAmt02290518
IRS990/PYTotalRevenueAmt02556483
IRS990/ReconcilationRevenueExpnssAmt0510371
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesRevenueGrp/ExclusionAmt09291
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt09291
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05818359
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06328730
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05487431
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010137545
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0882084
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0670628
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01552712
IRS990ScheduleD/EquipmentGrp/BookValueAmt0168094
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0458257
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0626351
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03882378
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1367475
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT W/ MATURITY > 1 YEAR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CAPITAL ACCT CORPORATE CU
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0116090
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0116090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt055465120
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1280186
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-59471
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED COMP PLANS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ESCROW ACCOUNTS 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/TotalBookValueLandBuildingsAmt01166268
IRS990ScheduleD/TotalBookValueProgramRltdAmt04249853
IRS990ScheduleD/TotalLiabilityAmt055685835
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0154525
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN LAUFENBERG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0154525
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0JOHN LAUFENBERG 0 154,525 0
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1FORMER PRESIDENT JOHN LAUFENBERG RECEIVED A DEFERRED COMP DISTRIBUTION FROM A 457(F) PLAN. THE AMOUNT SHOWN ABOVE IS THE 2018 DISTRIBUTION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 4
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
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 ORGANIZATION PROVIDES THE NECESSARY INFORMATION TO INDEPENDENT CPA TO PREPARE THE 990. MANAGEMENT REVIEWS THE 990 FOR ACCURACY, AND THEN AUTHORIZES THE CPA TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE BOARD OF DIRECTORS AT THEIR NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS CONSTANTLY MONITORED. EACH TIME AN ISSUE ARRISES, THE POLICY IS REVIEWED TO ENSURE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE COMPENSATION FOR THE PRESIDENT USING COMPARABILITY STUDIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT USING COMPARABILITY STUDIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt060328102
IRS990/TotalAssetsEOYAmt062540147
IRS990/TotalAssetsGrp/BOYAmt060328102
IRS990/TotalAssetsGrp/EOYAmt062540147
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02363818
IRS990/TotalGrossUBIAmt012766
IRS990/TotalLiabilitiesBOYAmt054509743
IRS990/TotalLiabilitiesEOYAmt056211417
IRS990/TotalLiabilitiesGrp/BOYAmt054509743
IRS990/TotalLiabilitiesGrp/EOYAmt056211417
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05818359
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06328730
IRS990/TotalOtherCompensationAmt061492
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0644
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt0644
IRS990/TotalProgramServiceRevenueAmt02513476
IRS990/TotalReportableCompFromOrgAmt0368961
IRS990/TotalRevenueGrp/ExclusionAmt0360713
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02500710
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02874189
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt012766
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt060328102
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt062540147
IRS990/TravelGrp/TotalAmt011166
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 940
IRS990/USAddress/CityNm0TOMAH
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054660
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.TACUONLINE.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD SCHOLZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06083724736
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOMAH AREA CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0TOMA
ReturnHeader/Filer/EIN0390966830

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,540,147
Liabilities
$56,211,417
Net assets
$6,328,730
Revenue
$2,874,189
Expenses
$2,363,818
Net income
$510,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$121$106$14.8$6.27$4.21$2.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$110$96.8$12.8$5.88$4.03$1.85
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$99.0$88.1$10.9$4.84$3.10$1.74
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.5$89.4$9.17$3.38$2.42$0.95
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$100$91.8$8.21$3.06$2.46$0.59
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.9$81.3$7.62$3.14$2.55$0.59
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.6$59.6$7.03$3.15$2.44$0.70
2018Detailed filing. Detailed filing data is available for this year.$62.5$56.2$6.33$2.87$2.36$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.3$54.5$5.82$2.56$2.29$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.8$52.3$5.55$2.36$2.36$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.3$51.7$5.55$2.24$2.14$0.10
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.8$51.4$5.45$2.18$2.06$0.12
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$54.5$49.2$5.33$2.43$2.12$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.7$48.6$5.11$2.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.3$47.6$4.75$2.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.1$45.4$4.71$2.41