Civic Intelligence

Wisconsin Latvian Credit Union

EIN 39-1018560 • 501(c)14 • Milwaukee, WI

Profile

A co-operative, non profit corporation, incorporated to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions.

PO Box 510167Milwaukee, WI 53203-0035

www.wislat.com

Siviq Scores

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

Liabilities / Assets

87th percentile

0.90x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

17.76x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2024

Net Margin

50th percentile

0.2%

Higher net margin than 50% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$27,420

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

501(c)14 • $1M-$5M nonprofits • Source year 2024

Asset Growth

89th percentile

3.6%

Faster asset growth than 89% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

11%

Faster revenue growth than 83% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets87th percentile

Assets

$3,037,983

No earlier filing loaded for comparison.

Liabilities

$2,731,097

No earlier filing loaded for comparison.

Net Assets

$306,886

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue79th percentileNet Margin50th percentile

Revenue

$153,812

No earlier filing loaded for comparison.

Expenses

$153,573

No earlier filing loaded for comparison.

Net Income

$239

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth89th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,728,820Liabilities 2010: $2,447,809Net Assets 2010: $281,0112010Assets 2011: $2,534,031Liabilities 2011: $2,251,812Net Assets 2011: $282,2192011Assets 2012: $2,687,658Liabilities 2012: $2,402,926Net Assets 2012: $284,7322012Assets 2013: $2,594,569Liabilities 2013: $2,308,256Net Assets 2013: $286,3132013Assets 2014: $2,582,506Liabilities 2014: $2,293,502Net Assets 2014: $289,0042014Assets 2015: $2,501,094Liabilities 2015: $2,210,187Net Assets 2015: $290,9072015Assets 2016: $2,806,780Liabilities 2016: $2,515,421Net Assets 2016: $291,3592016Assets 2017: $2,835,128Liabilities 2017: $2,543,273Net Assets 2017: $291,8552017Assets 2018: $2,763,333Liabilities 2018: $2,469,347Net Assets 2018: $293,9862018Assets 2019: $3,138,456Liabilities 2019: $2,843,708Net Assets 2019: $294,7482019Assets 2020: $3,065,181Liabilities 2020: $2,766,304Net Assets 2020: $298,8772020Assets 2021: $3,074,939Liabilities 2021: $2,773,508Net Assets 2021: $301,4312021Assets 2022: $3,189,073Liabilities 2022: $2,885,206Net Assets 2022: $303,8672022Assets 2024: $3,037,983Liabilities 2024: $2,731,097Net Assets 2024: $306,8862024

Highlighted filing

2024

Assets$3,037,983
Liabilities$2,731,097
Net Assets$306,886
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

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

$200K$150K$100K$50K$0Expenses 2010: $111,4162010Expenses 2011: $108,2232011Expenses 2012: $104,3452012Revenue 2013: $95,577Expenses 2013: $93,996Net Income 2013: $1,5812013Revenue 2014: $95,611Expenses 2014: $92,920Net Income 2014: $2,6912014Revenue 2015: $91,162Expenses 2015: $89,259Net Income 2015: $1,9032015Revenue 2016: $91,501Expenses 2016: $91,049Net Income 2016: $4522016Revenue 2017: $92,502Expenses 2017: $92,006Net Income 2017: $4962017Revenue 2018: $105,505Expenses 2018: $103,374Net Income 2018: $2,1312018Revenue 2019: $107,628Expenses 2019: $106,866Net Income 2019: $7622019Revenue 2020: $100,625Expenses 2020: $96,496Net Income 2020: $4,1292020Revenue 2021: $86,648Expenses 2021: $84,094Net Income 2021: $2,5542021Revenue 2022: $90,732Expenses 2022: $88,296Net Income 2022: $2,4362022Revenue 2024: $153,812Expenses 2024: $153,573Net Income 2024: $2392024

Highlighted filing

2024

Revenue$153,812
Expenses$153,573
Net Income$239
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,037,983
Liabilities
$2,731,097
Net assets
$306,886
Revenue
$153,812
Expenses
$153,573
Net income
$239
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.04$2.73$0.31$0.15$0.15$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$2.89$0.30$0.09$0.09$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$2.77$0.30$0.09$0.08$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$2.77$0.30$0.10$0.10$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$2.84$0.29$0.11$0.11$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$2.47$0.29$0.11$0.10$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$2.54$0.29$0.09$0.09$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.81$2.52$0.29$0.09$0.09$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.50$2.21$0.29$0.09$0.09$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$2.29$0.29$0.10$0.09$0.00
2013Detailed filing. Detailed filing data is available for this year.$2.59$2.31$0.29$0.10$0.09$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$2.40$0.28$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$2.25$0.28$0.11
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.73$2.45$0.28$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$153,812
Mission and Program Overview

Mission

A co-operative, non profit corporation, incorporated to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,172,361$1,513,667▲ $341,306
Other Notes and Loans Receivable, Net$1,739,420$1,485,577▼ $253,843
Rtn Earn Endowment Incm Other Fnds$306,647$306,886▲ $239
Cash and Non-Interest-Bearing Accounts$16,311$30,248▲ $13,937
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,932,398$3,037,983▲ $105,585
Other Assets Total$4,306$8,491▲ $4,185
Liabilities
Other Liabilities$2,615,616$2,723,481▲ $107,865
Accounts Payable and Accrued Expenses$10,135$7,616▼ $2,519
Total Liabilities$2,625,751$2,731,097▲ $105,346
Net Assets / Fund Balance
Total Net Assets Fund Balance$306,647$306,886▲ $239
Total Liabilities and Net Assets / Fund Balance$2,932,398$3,037,983▲ $105,585
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra MednisSecretary/TreasurerPT$22,620$4,800$27,420

Board Members and Trustees

NameTitle
Eduards PetrovskisChair
John StaksPresident
Andrei JungeDirector
Evija HaydinDirector
Guntis LauzumsDirector
Inta HuberDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$84,160
Investment Income
$69,652
Other Revenue
$0
Change in Net Assets
$239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,889
Salaries, Compensation, and Employee Benefits$39,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$22,620
Occupancy---$11,015
Office Expenses---$10,646
Other Employee Benefits---$8,614
Other Salaries and Wages---$8,450
Conferences and Meetings---$5,535
Fees for Services Other---$4,229
Payments to Affiliates---$2,686
All Other Expenses---$1,776
Other Expenses---$1,540
Advertising---$563
Total Functional Expenses$0$0$0$153,573
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$2,723,481
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, 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).”

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

“The Board of Directors is elected by the membership utilizing their one vote per member.”

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

“Reviewed by President and Secretary before filing, provided to Board for review after filing.”

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

“Monitored by the president”

Form 990, Part VI, Section B, Line 15

“Compensation set by Board at annual organizational meeting using industry surveys.”

Form 990, Part VI, Section C, Line 19

“Annual financial statement distributed to members at annual meeting and available on request. Governing documents and conflict of interest policy made available on request.”

Filing and Contact Details

Filer

Filer Name
Wisconsin Latvian Credit Union
EIN
39-1018560
Phone
4143321744
Address
PO Box 510167, Milwaukee, WI 53203-0035

Signing Officer

Name
John Staks
Title
President
Phone
4143321744
Signed
2025-05-08

Organization Details

Principal Officer
John Staks
Formed
1961
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
6
Employees
2
Volunteers
10
Raw XML Appendix367 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010135
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07616
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0A co-operative, non profit corporation, incorporated to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions.
IRS990/AdvertisingGrp/TotalAmt0563
IRS990/AllOtherExpensesGrp/TotalAmt01776
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Sandra Mednis
IRS990/BooksInCareOfDetail/PhoneNum04143321744
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 510167
IRS990/BooksInCareOfDetail/USAddress/CityNm0Milwaukee
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0532030035
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt016311
IRS990/CashNonInterestBearingGrp/EOYAmt030248
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt022620
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt05535
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt069652
IRS990/CYOtherExpensesAmt0113889
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt084160
IRS990/CYRevenuesLessExpensesAmt0239
IRS990/CYSalariesCompEmpBnftPaidAmt039684
IRS990/CYTotalExpensesAmt0153573
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0153812
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0We have deposit, transaction, and investment accounts with 373 members at 12/31/24. During 2024, we opened 5 new deposit, transaction and investment accounts.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt074571
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt04229
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt04800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Sandra Mednis
IRS990/Form990PartVIISectionAGrp/PersonNm1John Staks
IRS990/Form990PartVIISectionAGrp/PersonNm2Eduards Petrovskis
IRS990/Form990PartVIISectionAGrp/PersonNm3Andrei Junge
IRS990/Form990PartVIISectionAGrp/PersonNm4Guntis Lauzums
IRS990/Form990PartVIISectionAGrp/PersonNm5Evija Haydin
IRS990/Form990PartVIISectionAGrp/PersonNm6Inta Huber
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/FSAuditedInd00
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IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
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IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
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IRS990/IndivRcvdGreaterThan100KCnt00
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IRS990/InterestGrp/TotalAmt00
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IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LocalChaptersInd00
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0A co-operative, non profit corporation, incorporated to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions.
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IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt08491
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08614
IRS990/OtherExpensesGrp/Desc0Dividends on Shares
IRS990/OtherExpensesGrp/Desc1Loan Servicing Expense
IRS990/OtherExpensesGrp/Desc2Federal Operating Fee
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IRS990/OtherExpensesGrp/TotalAmt11328
IRS990/OtherExpensesGrp/TotalAmt21540
IRS990/OtherLiabilitiesGrp/BOYAmt02615616
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt08450
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01739420
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01485577
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt02686
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0John Staks
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Fees and Charges
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt083660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1500
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0We have funded 17 loans during 2024. As of 12/31/24, we had 19 mortgages/home equity lines, and 34 consumer loans.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01328
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt053685
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt096652
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt085282
IRS990/PYRevenuesLessExpensesAmt02780
IRS990/PYSalariesCompEmpBnftPaidAmt039535
IRS990/PYTotalExpensesAmt0136187
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0138967
IRS990/ReconcilationRevenueExpnssAmt0239
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0306647
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0306886
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01172361
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01513667
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02723481
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares & Deposits
IRS990ScheduleD/TotalLiabilityAmt02723481
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 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/ExplanationTxt1The Board of Directors is elected by the membership utilizing their one vote per member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each 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/ExplanationTxt3Reviewed by President and Secretary before filing, provided to Board for review after filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Monitored by the president
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation set by Board at annual organizational meeting using industry surveys.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Annual financial statement distributed to members at annual meeting and available on request. Governing documents and conflict of interest policy made available on request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02932398
IRS990/TotalAssetsEOYAmt03037983
IRS990/TotalAssetsGrp/BOYAmt02932398
IRS990/TotalAssetsGrp/EOYAmt03037983
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0153573
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02625751
IRS990/TotalLiabilitiesEOYAmt02731097
IRS990/TotalLiabilitiesGrp/BOYAmt02625751
IRS990/TotalLiabilitiesGrp/EOYAmt02731097
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0306647
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0306886
IRS990/TotalOtherCompensationAmt04800
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt075899
IRS990/TotalProgramServiceRevenueAmt084160
IRS990/TotalReportableCompFromOrgAmt022620
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0153812
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0153812
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02932398
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03037983
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 510167
IRS990/USAddress/CityNm0Milwaukee
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0532030035
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.wislat.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0John Staks
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04143321744
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wisconsin Latvian Credit Union
ReturnHeader/Filer/BusinessNameControlTxt0WISC
ReturnHeader/Filer/EIN0391018560
ReturnHeader/Filer/PhoneNum04143321744
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 510167
ReturnHeader/Filer/USAddress/CityNm0Milwaukee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0532030035
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-08T18:31:54-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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