Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
Educational Employees Credit Union
990 • Fiscal year 2013 • EIN 39-0972211
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.87x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Balance Sheet
Assets
Up$13,112,723
Up $264,602 (+2.1%) from 2012
Net Assets
Down$1,645,230
Down $18,393 (-1.1%) from 2012
Liabilities
Up$11,467,493
Up $282,995 (+2.5%) from 2012
Revenue And Expenses
Revenue
Down$345,681
Down $28,875 (-7.7%) from 2012
Expenses
Up$364,074
Up $5,450 (+1.5%) from 2012
Net Income
Down-$18,393
Down $34,325 (-215%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Apr 17, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $345,681
Mission and Program Overview
Mission
Our credit union is a non-for-profit member-owned financial organization. Our goal is to provide the best possible financial services to our members at competitive rates and to maintain the credit union's long term financial stability.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $7,162,968 | $8,028,189 | ▲ $865,221 |
| Other Notes and Loans Receivable, Net | $4,747,798 | $4,156,563 | ▼ $591,235 |
| Rtn Earn Endowment Incm Other Fnds | $1,663,623 | $1,645,230 | ▼ $18,393 |
| Land, Buildings, and Equipment, Net | $377,664 | $365,511 | ▼ $12,153 |
| Cash and Non-Interest-Bearing Accounts | $302,515 | $300,771 | ▼ $1,744 |
| Investments Program Related | $192,008 | $208,023 | ▲ $16,015 |
| Prepaid Expenses and Deferred Charges | $49,762 | $40,766 | ▼ $8,996 |
| Total Assets | $12,848,121 | $13,112,723 | ▲ $264,602 |
| Other Assets Total | $15,406 | $12,900 | ▼ $2,506 |
| Liabilities | |||
| Other Liabilities | $11,166,166 | $11,454,623 | ▲ $288,457 |
| Accounts Payable and Accrued Expenses | $18,332 | $12,870 | ▼ $5,462 |
| Total Liabilities | $11,184,498 | $11,467,493 | ▲ $282,995 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,663,623 | $1,645,230 | ▼ $18,393 |
| Total Liabilities and Net Assets / Fund Balance | $12,848,121 | $13,112,723 | ▲ $264,602 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $237,201 | $175,319 | $412,520 |
| Equipment | $15,214 | $119,446 | $134,660 |
| Land | $113,096 | - | $113,096 |
| Investment Program Related Org | $96,361 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Barbara L Berken | President | FT | $62,416 | $11,820 | $74,236 |
| Donna M Schoen | Vice Pres | FT | $38,350 | $24,240 | $62,590 |
Board Members and Trustees
| Name | Title |
|---|---|
| Donald E Tyriver | Chairman |
| David Schollmeier | Vice-Chair |
| Devon J Schlegel | Director |
| Jean Boyle | Director |
| Kimberly Bern | Director |
| Michaele A Adair | Director |
| Phyllis Bickford | Director |
| Barbara L Bosak | Secretary |
| Dean Martin | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $274,409
- Investment Income
- $68,322
- Other Revenue
- $2,950
- Change in Net Assets
- $-18,393
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $190,276 |
| Salaries, Compensation, and Employee Benefits | $173,798 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Comp Disqual Persons | - | - | - | $100,766 |
| Information Technology | - | - | - | $27,559 |
| Other Salaries and Wages | - | - | - | $26,872 |
| Office Expenses | - | - | - | $25,552 |
| Occupancy | - | - | - | $24,171 |
| Other Employee Benefits | - | - | - | $19,520 |
| Pension Plan Contributions | - | - | - | $16,445 |
| Depreciation Depletion | - | - | - | $15,876 |
| Insurance | - | - | - | $10,970 |
| Payroll Taxes | - | - | - | $10,195 |
| Other Expenses | - | $9,657 | - | $9,657 |
| Payments to Affiliates | - | - | - | $8,463 |
| Fees for Services Accounting | - | - | - | $5,839 |
| All Other Expenses | - | - | - | $5,488 |
| Fees for Services Other | - | - | - | $3,637 |
| Conferences and Meetings | - | - | - | $2,894 |
| Advertising | - | - | - | $1,627 |
| Total Functional Expenses | $0 | $0 | $0 | $364,074 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Member Shares & Deposits | $11,452,454 |
| Accrued Dividends | $1,969 |
| Other Libilities | $200 |
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
Members or stockholder classes and rights Part VI line 6
“The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors).”
Member election for additional members Part VI line 7A
“The Board of Directors is elected by the membership utilizing their one vote per member.”
Governing body decisions Part VI line 7B
“Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organization's bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions).”
Form 990 governing body review Part VI line 11
“CEO reviews the form 990 and brings draft to the Board of Directors for preapproval before filing.”
Conflict of interest policy compliance Part VI line 12C
“Yes. It is reviewed at regular board meetings. Policies are reviewed at annual planning meeting and board members accounts and activities are reviewed monthly regarding conflicts.”
CEO executive director top management comp Part VI line 15A
“An annual performance review is completed on standardized forms. Final rating is completed and discussed with salary committee and employee. Percentage raise is based off of review rating and salary comparisons using the League's published salaries.”
Other officer or key employee compensation Part VI line 15B
“An annual performance review is completed on standardized forms. Final rating is completed and discussed with salary committee and employee. Percentage raise is based off of review rating and salary comparisons using the League's published salaries.”
Governing documents etc available to public Part VI line 19
“Discussed at annual membership meeting that the documents are open to review by members of the credit union.”
Filing and Contact Details
Filer
- EIN
- 39-0972211
Signing Officer
- Name
- Barbara Berken
- Title
- PresidentCEO
- Phone
- 6087522242
- Signed
- 2014-04-17
- Discuss with paid preparer
- No
Organization Details
- Principal Officer
- Barbara L Berken
- Formed
- 1959
- Legal Domicile
- Wi
- Voting Board Members
- 9
- Independent Board Members
- 9
- Employees
- 4
- Volunteers
- 12
Preparer
- Preparer
- Cari Thompson
- Phone
- 2625490200
Raw XML Appendix387 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 18332 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 12870 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Our credit union is a non-for-profit member-owned financial organization. Our goal is to provide the best possible financial services to our members at competitive rates and to maintain the credit union's long term financial stability. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1627 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 5488 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Barbara L Berken |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6087522242 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 2330 Kennedy Road |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Janesville |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 53545 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 302515 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 300771 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 100766 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2894 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 68322 |
| IRS990/CYOtherExpensesAmt | 0 | 190276 |
| IRS990/CYOtherRevenueAmt | 0 | 2950 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 274409 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -18393 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 173798 |
| IRS990/CYTotalExpensesAmt | 0 | 364074 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 345681 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 15876 |
| IRS990/Desc | 0 | We have deposit, transaction, and investment accounts with 1625 members at 12/31. During 2013, we opened 168 new deposit, transaction and investment accounts. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5839 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 3637 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 11820 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 24240 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Phyllis Bickford |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Donald E Tyriver |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Michaele A Adair |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Kimberly Bern |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Jean Boyle |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Devon J Schlegel |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Barbara L Bosak |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | David Schollmeier |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Dean Martin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Barbara L Berken |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Donna M Schoen |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 38350 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Vice-Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Vice Pres |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1959 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 345681 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 27559 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 10970 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 68322 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 68322 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 192008 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 208023 |
| IRS990/IRPDocumentCnt | 0 | 12 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 294765 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 377664 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 365511 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 660276 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Our credit union is a non-for-profit member-owned financial organization. Our goal is to provide the best possible financial services to our members at competitive rates and to maintain the credit union's long term financial stability. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1663623 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1645230 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 24171 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 25552 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 15406 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 12900 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 19520 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dividends on Shares |
| IRS990/OtherExpensesGrp/Desc | 1 | Member AccountCard Costs |
| IRS990/OtherExpensesGrp/Desc | 2 | Loan ServicingLoan Loss |
| IRS990/OtherExpensesGrp/Desc | 3 | Members InsuranceNCUSIF |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 14179 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 10351 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 24013 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 9657 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 14179 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 10351 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 24013 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 9657 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 11166166 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 11454623 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 26872 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 4747798 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 4156563 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 8463 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 10195 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 16445 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 49762 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 40766 |
| IRS990/PrincipalOfficerNm | 0 | Barbara L Berken |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Interest on Loans |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | AccountCard Svc Fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Other Member Fee Income |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 230632 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 41883 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1894 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 230632 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 41883 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1894 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | We funded 329 loans during 2013. As of 12/31/13, we had 8 mortgages/home equity and 321 consumer loans. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 59945 |
| IRS990/PYOtherExpensesAmt | 0 | 179578 |
| IRS990/PYOtherRevenueAmt | 0 | 2408 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 312203 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 15932 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 179046 |
| IRS990/PYTotalExpensesAmt | 0 | 358624 |
| IRS990/PYTotalRevenueAmt | 0 | 374556 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -18393 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 2950 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 2950 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1663623 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1645230 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 7162968 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 8028189 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 237201 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 175319 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 412520 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 15214 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 119446 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 134660 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 111662 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 96361 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | NCUA Capitalization |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | Corp Central MCS & PIC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 113096 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 113096 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11452454 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 200 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 1969 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Member Shares & Deposits |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Other Libilities |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Accrued Dividends |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 365511 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 208023 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 11454623 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Board of Directors is elected by the membership utilizing their one vote per member. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organization's bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CEO reviews the form 990 and brings draft to the Board of Directors for preapproval before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Yes. It is reviewed at regular board meetings. Policies are reviewed at annual planning meeting and board members accounts and activities are reviewed monthly regarding conflicts. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | An annual performance review is completed on standardized forms. Final rating is completed and discussed with salary committee and employee. Percentage raise is based off of review rating and salary comparisons using the League's published salaries. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | An annual performance review is completed on standardized forms. Final rating is completed and discussed with salary committee and employee. Percentage raise is based off of review rating and salary comparisons using the League's published salaries. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Discussed at annual membership meeting that the documents are open to review by members of the credit union. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Governing body decisions Part VI line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Governing documents etc available to public Part VI line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 12848121 |
| IRS990/TotalAssetsEOYAmt | 0 | 13112723 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 12848121 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 13112723 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 364074 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 11184498 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 11467493 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 11184498 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 11467493 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1663623 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1645230 |
| IRS990/TotalOtherCompensationAmt | 0 | 36060 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 274409 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 100766 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 71272 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 274409 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 345681 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 12 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 12848121 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 13112723 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | www.wcul.org/eecu.htm |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Barbara Berken |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PresidentCEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6087522242 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-04-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | Educational Employees Credit Union |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | EDUC |
| ReturnHeader/Filer/EIN | 0 | 390972211 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 2330 Kennedy Road |
| ReturnHeader/Filer/USAddress/City | 0 | Janesville |
| ReturnHeader/Filer/USAddress/State | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 53545 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 391127312 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | WCUL Services Corp |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | N25W23131 Paul Rd Suite 500 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | Pewaukee |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 53072 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2625490200 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-05-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Cari Thompson |
| ReturnHeader/ReturnTs | 0 | 2014-11-12T20:20:05-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $13,112,723
- Liabilities
- $11,467,493
- Net assets
- $1,645,230
- Revenue
- $345,681
- Expenses
- $364,074
- Net income
- -$18,393
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