Civic Intelligence

Premier Financial Credit Union

EIN 39-1020437 • 501(c)14 • New Holstein, WI

View Organization Page

Profile

To provide in a sound and businesslike manner, for our field of membership,simple yet flexible programs to help achieve a better social and economic life for members and community, maintaining the credit union's friendly member owned philosophy.

2017 Main StreetNew Holstein, WI 53061

yourpfcu.com

Siviq Scores

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

Liabilities / Assets

47th percentile

0.89x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

17.18x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

94th percentile

28%

Higher net margin than 94% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$200,073

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

21st percentile

-0.5%

Faster asset growth than 21% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

12%

Faster revenue growth than 43% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets47th percentile

Using 2022 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

$134,440,906

No earlier filing loaded for comparison.

Liabilities

$124,312,310

No earlier filing loaded for comparison.

Net Assets

$10,128,596

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue74th percentileNet Margin94th percentile

Revenue

$4,403,229

No earlier filing loaded for comparison.

Expenses

$3,543,470

No earlier filing loaded for comparison.

Net Income

$859,759

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$150M$100M$50M$0Assets 2010: $66,692,653Liabilities 2010: $60,344,151Net Assets 2010: $6,348,5022010Assets 2011: $70,345,418Liabilities 2011: $63,241,858Net Assets 2011: $7,103,5602011Assets 2012: $73,412,953Liabilities 2012: $66,211,537Net Assets 2012: $7,201,4162012Assets 2013: $73,979,575Liabilities 2013: $66,361,188Net Assets 2013: $7,618,3872013Assets 2014: $76,446,366Liabilities 2014: $68,407,478Net Assets 2014: $8,038,8882014Assets 2015: $83,196,614Liabilities 2015: $74,853,122Net Assets 2015: $8,343,4922015Assets 2016: $87,232,151Liabilities 2016: $79,329,759Net Assets 2016: $7,902,3922016Assets 2018: $95,601,899Liabilities 2018: $87,066,588Net Assets 2018: $8,535,3112018Assets 2019: $98,484,476Liabilities 2019: $89,550,460Net Assets 2019: $8,934,0162019Assets 2022: $134,440,906Liabilities 2022: $124,312,310Net Assets 2022: $10,128,5962022

Latest loaded filing

2022

Assets$134,440,906
Liabilities$124,312,310
Net Assets$10,128,596
Open 2022 Filing

Operations Trend

Revenue Growth43rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,300,1062010Expenses 2011: $3,164,4702011Expenses 2012: $3,129,7062012Revenue 2013: $3,352,701Expenses 2013: $3,040,264Net Income 2013: $312,4372013Revenue 2014: $3,341,231Expenses 2014: $2,948,273Net Income 2014: $392,9582014Revenue 2015: $3,382,505Expenses 2015: $2,985,491Net Income 2015: $397,0142015Revenue 2016: $3,381,903Expenses 2016: $3,484,172Net Income 2016: -$102,2692016Revenue 2018: $3,884,474Expenses 2018: $3,459,386Net Income 2018: $425,0882018Revenue 2019: $4,237,222Expenses 2019: $3,680,968Net Income 2019: $556,2542019Revenue 2022: $4,403,229Expenses 2022: $3,543,470Net Income 2022: $859,7592022

Latest loaded filing

2022

Revenue$4,403,229
Expenses$3,543,470
Net Income$859,759
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$134$124$10.1$4.40$3.54$0.86
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.5$89.6$8.93$4.24$3.68$0.56
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$95.6$87.1$8.54$3.88$3.46$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.2$79.3$7.90$3.38$3.48$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.2$74.9$8.34$3.38$2.99$0.40
2014Detailed filing. Detailed filing data is available for this year.$76.4$68.4$8.04$3.34$2.95$0.39
2013Detailed filing. Detailed filing data is available for this year.$74.0$66.4$7.62$3.35$3.04$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.4$66.2$7.20$3.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.3$63.2$7.10$3.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.7$60.3$6.35$3.30
Latest Detailed Filing

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

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$4,467,705
Mission and Program Overview

Mission

To provide in a sound and businesslike manner, for our field of membership,simple yet flexible programs to help achieve a better social and economic life for members and community, maintaining the credit union's friendly member owned philosophy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$60,347,378$62,912,743▲ $2,565,365
Savings and Temporary Cash Investments$49,676,641$46,932,139▼ $2,744,502
Rtn Earn Endowment Incm Other Fnds$10,276,420$10,128,596▼ $147,824
Investments Program Related$1,488,000$6,070,000▲ $4,582,000
Prepaid Expenses and Deferred Charges$5,317,053$4,410,893▼ $906,160
Land, Buildings, and Equipment, Net$4,010,486$3,852,224▼ $158,262
Cash and Non-Interest-Bearing Accounts$2,774,942$3,472,969▲ $698,027
Investments Other Securities$1,500,000$982,415▼ $517,585
Accounts Receivable$15,151$25,692▲ $10,541
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$130,988,713$134,440,906▲ $3,452,193
Other Assets Total$5,859,062$5,781,831▼ $77,231
Liabilities
Other Liabilities$119,171,292$122,428,227▲ $3,256,935
Accounts Payable and Accrued Expenses$1,538,245$1,884,083▲ $345,838
Escrow Account Liability$2,756--
Total Liabilities$120,712,293$124,312,310▲ $3,600,017
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,276,420$10,128,596▼ $147,824
Total Liabilities and Net Assets / Fund Balance$130,988,713$134,440,906▲ $3,452,193

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,807,637$760,864$3,568,501
Equipment$379,702$1,506,959$1,886,661
Land$582,045-$582,045
Leasehold Improvements$30,008$35,195$65,203
Other Land Buildings$52,832-$52,832
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brad GrantPresident/CEOFT$121,673$13,296$134,969
Diane RiederVice President/CFOFT$105,377$18,250$123,627

Board Members and Trustees

NameTitle
Mary Jo MuellenbachChairperson
Thomas MuellerVice Chairperson
Jared RoeckBoard Member
Kathy BillmannBoard Member
Tre WaldrenBoard Member
Sandra BurgSecretary
Philip VergoweTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,352,900
Investment Income
$876,492
Other Revenue
$173,837
Change in Net Assets
$859,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,004,805
Other Expenses$1,477,472
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,370,944
Fees for Services Other---$478,244
Current Officers, Directors, Trustees, and Key Employees---$258,596
Office Expenses---$252,192
Pension Plan Contributions---$201,556
Depreciation Depletion---$170,215
Occupancy---$128,108
Payroll Taxes---$123,018
Advertising---$63,059
Benefits to Members---$61,193
Other Employee Benefits---$50,691
Travel---$44,086
Fees for Services Accounting---$31,050
Fees for Services Legal---$1,807
Other Expenses---$-70,670
All Other Expenses---$-269,067
Total Functional Expenses$0$0$0$3,543,470
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 Deposits$122,428,227
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

“MEMBERS”

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

“MEMBERS”

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

“Each member has one vote to utilize in ratifying significant decision beyond the authority of the board as outlined in the organizations bylaws. Any decision to dissolve or merge the organization requires approval of the membership, unless mandated by regualatory agnecy (i.e. Ncua, wisconsin office of credit unions)”

Form 990, Part VI, Section A, Line 8B

“No committee with authority to act on behalf of the governing body.”

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

“Reviwed by president and chairman of the board of directors.”

Form 990, Part VI, Section B, Line 15

“There are annual reviews and performance evaluations done by the board of directors for the ceo and by the immediate supervisor for all other personnel. The process described here was last completed in 2022”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted at various locations in and outside the credit union. No disclosure is made for the conflict of interest policy or governing documents.”

Filing and Contact Details

Filer

Filer Name
Premier Financial Credit Union
EIN
39-1020437
Phone
9208984232
Address
2017 MAIN STREET, NEW HOLSTEIN, WI 53061

Signing Officer

Name
Brad Grant
Title
President & CEO
Phone
9208984232
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Grant
Formed
1962
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
65
Volunteers
7

Preparer

Firm
Cliftonlarsonallen Llp
Address
109 N MAIN STREET SUITE 200, AUSTIN, MN 55912
Preparer
Tanya Medgaarden
Phone
5074347000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees 478,244.”

FORM 990, PART XI, LINE 9:

“Other comprehensive income -1,007,581. Rounding -2.”

Part XII, Line 2C

“No changes from prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“Escrow payments for real estate taxes are paid in monthly with the loan payment to an interest bearing account and then distributed to the correct taxing authority when statements are issued.”

Raw XML Appendix392 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/BOYAmt01538245
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01884083
IRS990/AccountsReceivableGrp/BOYAmt015151
IRS990/AccountsReceivableGrp/EOYAmt025692
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE IN A SOUND AND BUSINESSLIKE MANNER, FOR OUR FIELD OF MEMBERSHIP,SIMPLE YET FLEXIBLE PROGRAMS TO HELP ACHIEVE A BETTER SOCIAL AND ECONOMIC LIFE FOR MEMBERS AND COMMUNITY, MAINTAINING THE CREDIT UNION'S FRIENDLY MEMBER OWNED PHILOSOPHY.
IRS990/AdvertisingGrp/TotalAmt063059
IRS990/AllOtherExpensesGrp/TotalAmt0-269067
IRS990/BenefitsToMembersGrp/TotalAmt061193
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRAD GRANT
IRS990/BooksInCareOfDetail/PhoneNum09208984232
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02017 MAIN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW HOLSTEIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053061
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt02774942
IRS990/CashNonInterestBearingGrp/EOYAmt03472969
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0258596
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt061193
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0876492
IRS990/CYOtherExpensesAmt01477472
IRS990/CYOtherRevenueAmt0173837
IRS990/CYProgramServiceRevenueAmt03352900
IRS990/CYRevenuesLessExpensesAmt0859759
IRS990/CYSalariesCompEmpBnftPaidAmt02004805
IRS990/CYTotalExpensesAmt03543470
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04403229
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0170215
IRS990/Desc0PROVIDED LOW-COSTS FINANCIAL SERVICES TO ITS MEMBERS. SERVED MEMBERS' INTEREST BY ACCEPTING DEPOSITS, GRANTING LOANS, AND INVESTING EXCESS FUNDS IN A PRUDENT MANNER.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt065
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt02756
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt031050
IRS990/FeesForServicesLegalGrp/TotalAmt01807
IRS990/FeesForServicesOtherGrp/TotalAmt0478244
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
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/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt713296
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt818250
IRS990/Form990PartVIISectionAGrp/PersonNm0MARY JO MUELLENBACH
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS MUELLER
IRS990/Form990PartVIISectionAGrp/PersonNm2SANDRA BURG
IRS990/Form990PartVIISectionAGrp/PersonNm3PHILIP VERGOWE
IRS990/Form990PartVIISectionAGrp/PersonNm4TRE WALDREN
IRS990/Form990PartVIISectionAGrp/PersonNm5KATHY BILLMANN
IRS990/Form990PartVIISectionAGrp/PersonNm6JARED ROECK
IRS990/Form990PartVIISectionAGrp/PersonNm7BRAD GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm8DIANE RIEDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7121673
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8105377
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT/CFO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt018894
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt083370
IRS990/GrossReceiptsAmt04467705
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0857598
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0857598
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01500000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0982415
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01488000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt06070000
IRS990/IRPDocumentCnt01840
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02303018
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04010486
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03852224
IRS990/LandBldgEquipCostOrOtherBssAmt06155242
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt064476
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE IN A SOUND AND BUSINESSLIKE MANNER, FOR OUR FIELD OF MEMBERSHIP, SIMPLE YET FLEXIBLE PROGRAMS TO HELP ACHIEVE A BETTER SOCIAL AND ECONOMIC LIFE FOR MEMBERS AND COMMUNITY, MAINTAINING THE CREDIT UNION'S FRIENDLY MEMBER OWNED PHILOSOPHY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010276420
IRS990/NetAssetsOrFundBalancesEOYAmt010128596
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt018894
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt018894
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0128108
IRS990/OfficeExpensesGrp/TotalAmt0252192
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05859062
IRS990/OtherAssetsTotalGrp/EOYAmt05781831
IRS990/OtherChangesInNetAssetsAmt0-1007583
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050691
IRS990/OtherExpensesGrp/Desc0ATM/CARD AND SERVICE PR
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2OPERATING FEES
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0508729
IRS990/OtherExpensesGrp/TotalAmt1132806
IRS990/OtherExpensesGrp/TotalAmt26913
IRS990/OtherExpensesGrp/TotalAmt3-70670
IRS990/OtherLiabilitiesGrp/BOYAmt0119171292
IRS990/OtherLiabilitiesGrp/EOYAmt0122428227
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0173837
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0173837
IRS990/OtherRevenueTotalAmt0173837
IRS990/OtherSalariesAndWagesGrp/TotalAmt01370944
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt060347378
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt062912743
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0123018
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0201556
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05317053
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04410893
IRS990/PrincipalOfficerNm0BRAD GRANT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2523000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME ON LOA
IRS990/ProgramServiceRevenueGrp/Desc1OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02333088
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1693394
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2326418
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02333088
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1693394
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2326418
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt077809
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0248555
IRS990/PYOtherExpensesAmt01411743
IRS990/PYOtherRevenueAmt0162210
IRS990/PYProgramServiceRevenueAmt03328203
IRS990/PYRevenuesLessExpensesAmt0395926
IRS990/PYSalariesCompEmpBnftPaidAmt01853490
IRS990/PYTotalExpensesAmt03343042
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03738968
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0859759
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010276420
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010128596
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049676641
IRS990/SavingsAndTempCashInvstGrp/EOYAmt046932139
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02807637
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0760864
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03568501
IRS990ScheduleD/EquipmentGrp/BookValueAmt0379702
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01506959
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01886661
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt0582045
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0582045
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt030008
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035195
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt065203
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt052832
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0122428227
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ESCROW PAYMENTS FOR REAL ESTATE TAXES ARE PAID IN MONTHLY WITH THE LOAN PAYMENT TO AN INTEREST BEARING ACCOUNT AND THEN DISTRIBUTED TO THE CORRECT TAXING AUTHORITY WHEN STATEMENTS ARE ISSUED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03852224
IRS990ScheduleD/TotalLiabilityAmt0122428227
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISION BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATIONS BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF THE MEMBERSHIP, UNLESS MANDATED BY REGUALATORY AGNECY (I.E. NCUA, WISCONSIN OFFICE OF CREDIT UNIONS)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIWED BY PRESIDENT AND CHAIRMAN OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE ANNUAL REVIEWS AND PERFORMANCE EVALUATIONS DONE BY THE BOARD OF DIRECTORS FOR THE CEO AND BY THE IMMEDIATE SUPERVISOR FOR ALL OTHER PERSONNEL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED AT VARIOUS LOCATIONS IN AND OUTSIDE THE CREDIT UNION. NO DISCLOSURE IS MADE FOR THE CONFLICT OF INTEREST POLICY OR GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER PROFESSIONAL FEES 478,244.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER COMPREHENSIVE INCOME -1,007,581. ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NO CHANGES FROM PRIOR YEAR.
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 A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0130988713
IRS990/TotalAssetsEOYAmt0134440906
IRS990/TotalAssetsGrp/BOYAmt0130988713
IRS990/TotalAssetsGrp/EOYAmt0134440906
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt065
IRS990/TotalFunctionalExpensesGrp/TotalAmt03543470
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0120712293
IRS990/TotalLiabilitiesEOYAmt0124312310
IRS990/TotalLiabilitiesGrp/BOYAmt0120712293
IRS990/TotalLiabilitiesGrp/EOYAmt0124312310
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010276420
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010128596
IRS990/TotalOtherCompensationAmt031546
IRS990/TotalProgramServiceRevenueAmt03352900
IRS990/TotalReportableCompFromOrgAmt0227050
IRS990/TotalRevenueGrp/ExclusionAmt0876492
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03526737
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04403229
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0130988713
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0134440906
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt044086
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02017 MAIN STREET
IRS990/USAddress/CityNm0NEW HOLSTEIN
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053061
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0YOURPFCU.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRAD GRANT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09208984232
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PREMIER FINANCIAL CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0PREM
ReturnHeader/Filer/EIN0391020437
ReturnHeader/Filer/PhoneNum09208984232
ReturnHeader/Filer/USAddress/AddressLine1Txt02017 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0NEW HOLSTEIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053061
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0109 N MAIN STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055912
ReturnHeader/PreparerPersonGrp/PhoneNum05074347000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TANYA MEDGAARDEN
ReturnHeader/ReturnTs02023-11-15T11:58:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRAD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRANT
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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