Liabilities / Assets
35th percentile
Higher debt load relative to assets than 35% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.88x
Liabilities / Revenue
40th percentile
Higher debt load relative to revenue than 40% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
42nd percentile
Higher top officer pay than 42% of similar nonprofits.
Top officer pay equals 3.2% of source-year revenue.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Balance Sheet
Assets
Up$73,834,457
Up $1,930,493 (+2.7%) from 2012
Net Assets
Up$8,717,500
Up $450,696 (+5.5%) from 2012
Liabilities
Up$65,116,957
Up $1,479,797 (+2.3%) from 2012
Revenue And Expenses
Revenue
Down$3,727,886
Down $30,442 (-0.8%) from 2012
Expenses
Down$3,277,190
Down $171,174 (-5.0%) from 2012
Net Income
Up$450,696
Up $140,732 (+45%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Sep 5, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $3,764,141
Mission and Program Overview
Mission
Provide exceptional service all member/owners. Offer a variety of personalized, convenient and quality services to assist member/owners in reaching their financial goals. Protect the assets of the member/owners and assure the financial stability of the credit union. Encourage continuing financial education and provide enrichment opportunities for member/owners of all ages. Actively serve the communities in which our member/owners live and work.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $47,504,920 | $48,837,639 | ▲ $1,332,719 |
| Savings and Temporary Cash Investments | $7,797,741 | $10,663,130 | ▲ $2,865,389 |
| Investments Program Related | $12,918,956 | $10,468,280 | ▼ $2,450,676 |
| Rtn Earn Endowment Incm Other Fnds | $8,266,804 | $8,717,500 | ▲ $450,696 |
| Land, Buildings, and Equipment, Net | $1,307,107 | $1,498,511 | ▲ $191,404 |
| Cash and Non-Interest-Bearing Accounts | $1,476,066 | $1,428,728 | ▼ $47,338 |
| Prepaid Expenses and Deferred Charges | $140,549 | $166,693 | ▲ $26,144 |
| Accounts Receivable | $34,246 | $27,149 | ▼ $7,097 |
| Total Assets | $71,903,964 | $73,834,457 | ▲ $1,930,493 |
| Other Assets Total | $724,379 | $744,327 | ▲ $19,948 |
| Liabilities | |||
| Other Liabilities | $63,332,147 | $64,775,849 | ▲ $1,443,702 |
| Accounts Payable and Accrued Expenses | $222,121 | $213,811 | ▼ $8,310 |
| Escrow Account Liability | $82,892 | $127,297 | ▲ $44,405 |
| Total Liabilities | $63,637,160 | $65,116,957 | ▲ $1,479,797 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $8,266,804 | $8,717,500 | ▲ $450,696 |
| Total Liabilities and Net Assets / Fund Balance | $71,903,964 | $73,834,457 | ▲ $1,930,493 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,232,570 | $759,905 | $1,992,475 |
| Equipment | $189,899 | $766,053 | $955,952 |
| Land | $76,042 | - | $76,042 |
| Investment Program Related Org | $15,000 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Lisa Gilligan | CEO | FT | $99,674 | $20,228 | $119,902 |
Board Members and Trustees
| Name | Title |
|---|---|
| Leland Nicholas | Chairman |
| William Kamke | Vice Chair |
| Ken Harter | Director |
| Tammie Mccarthy | Secretary |
| Tammy Steffeck | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Spaulding Construction | Bldg Construtn | - | $245,898 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $3,573,851
- Investment Income
- $136,553
- Other Revenue
- $17,482
- Change in Net Assets
- $450,696
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,745,284 |
| Salaries, Compensation, and Employee Benefits | $1,531,906 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $1,056,075 |
| Office Expenses | - | - | - | $949,079 |
| Other Employee Benefits | - | - | - | $250,627 |
| Depreciation Depletion | - | - | - | $146,674 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $99,674 |
| Payroll Taxes | - | - | - | $95,739 |
| Advertising | - | - | - | $86,872 |
| Occupancy | - | - | - | $79,926 |
| Other Expenses | - | - | - | $50,559 |
| Insurance | - | - | - | $39,784 |
| Pension Plan Contributions | - | - | - | $29,791 |
| Conferences and Meetings | - | - | - | $14,500 |
| Fees for Services Other | - | - | - | $9,408 |
| Interest | - | - | - | $111 |
| Total Functional Expenses | $0 | $0 | $0 | $3,277,190 |
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
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Member Shares & Certificates | $64,903,146 |
| Escrow Accounts for Line 21 | $-127,297 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 6
“The organization has members. To be a member, you must have a share (savings) account at the credit union.”
Form 990, Page 6, Part VI, Line 7A
“The board of directors is elected by the credit union members. Each member has one vote.”
Form 990, Page 6, Part VI, Line 7B
“A member vote is required for decisions which are beyond the authority of the board of directors. Items which require a membership vote are outlined and specified in our bylaws. Each member has one vote.”
Form 990, Page 6, Part VI, Line 11B
“Management provides data to cpa who prepares the return. Management reviews the return and then authorizes cpa to e-file the approved return. The board is notified that the 990 was filed.”
Form 990, Page 6, Part VI, Line 12C
“Policy is reviewed annually and signed by each member of the board of directors.”
Form 990, Page 6, Part VI, Line 15A
“All salareis are reviewed annually by the board of directors using the annual salary survey from the wisconsin credit union league. Salaries are approved by the board of directors.”
Form 990, Page 6, Part VI, Line 15B
“All salareis are reviewed annually by the board of directors using the annual salary survey from the wisconsin credit union league. Salaries are approved by the board of directors.”
Form 990, Page 6, Part VI, Line 19
“Financial statements are posted in the credit union lobby and included in the annual report. Governing documents and conflict of interest policies would only be available upon request.”
Filing and Contact Details
Filer
- EIN
- 39-6050513
- Phone
- 9208464106
Signing Officer
- Name
- Lisa Gilligan
- Title
- CEO
- Phone
- 9208464106
- Signed
- 2014-09-05
Organization Details
- Principal Officer
- Lisa Gilligan
- Formed
- 1962
- Legal Domicile
- Wi
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 51
- Volunteers
- 12
Preparer
- Preparer
- Brent Wookey CPA
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“Provide exceptional service all member/owners. Offer a variety of personalized, convenient and quality services to assist member/owners in reaching their financial goals. Protect the assets of the member/owners and assure the financial stability of the credit union. Encourage continuing financial education and provide enrichment opportunities for member/owners of all ages. Actively serve the communities in which our member/owners live and work.”
Form 990, Page 5, Part V, Line 3B
“The credit union will file the 990-t by its extended due date of november 15th.”
Financial Statement Notes
Schedule D, Page 2, Part IV, Line 2B
“The credit union holds funds in escrow accounts for property taxes and homeowners insurance related to mortgage loans to members.”
Raw XML Appendix359 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.
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 213811 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 27149 |
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| IRS990/ActivityOrMissionDesc | 0 | PROVIDE EXCEPTIONAL SERVICE ALL MEMBER/OWNERS. OFFER A VARIETY OF PERSONALIZED, CONVENIENT AND QUALITY SERVICES TO ASSIST MEMBER/OWNERS IN REACHING THEIR FINANCIAL GOALS. PROTECT THE ASSETS OF THE MEMBER/OWNERS AND ASSURE THE FINANCIAL STABILITY OF THE CREDIT UNION. ENCOURAGE CONTINUING FINANCIAL EDUCATION AND PROVIDE ENRICHMENT OPPORTUNITIES FOR MEMBER/OWNERS OF ALL AGES. ACTIVELY SERVE THE COMMUNITIES IN WHICH OUR MEMBER/OWNERS LIVE AND WORK. |
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| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
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| IRS990/BooksInCareOfDetail/USAddress/City | 0 | OCONTO FALLS |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 54154 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1428728 |
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| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 0 | SPAULDING CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | BLDG CONSTRUTN |
| IRS990/CreditCounselingInd | 0 | true |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherExpensesAmt | 0 | 1745284 |
| IRS990/CYOtherRevenueAmt | 0 | 17482 |
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| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1531906 |
| IRS990/CYTotalExpensesAmt | 0 | 3277190 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3727886 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 146674 |
| IRS990/Desc | 0 | THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 438 NEW DEPOSIT ACCOUNTS IN 2013. AS OF 12/31/13 WE HAD 9,331 MEMBERS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 51 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 82892 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 127297 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 9408 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 45.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | 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 | 20228 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LELAND NICHOLAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | WILLIAM KAMKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TAMMY STEFFECK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KEN HARTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TAMMIE MCCARTHY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LISA GILLIGAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
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| 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/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1962 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -1255 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 35000 |
| IRS990/GrossReceiptsAmt | 0 | 3764141 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 39784 |
| IRS990/InterestGrp/TotalAmt | 0 | 111 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 137808 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 137808 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 12918956 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 10468280 |
| IRS990/IRPDocumentCnt | 0 | 2282 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1525958 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1307107 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1498511 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3024469 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 36255 |
| 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 | PROVIDE EXCEPTIONAL SERVICE ALL MEMBER/OWNERS. OFFER A VARIETY OF PERSONALIZED, CONVENIENT AND QUALITY SERVICES TO ASSIST MEMBER/OWNERS IN REACHING THEIR FINANCIAL GOALS. PROTECT THE ASSETS OF THE MEMBER/OWNERS AND ASSURE THE FINANCIAL STABILITY OF THE CREDIT UNION. ENCOURAGE CONTINUING FINANCIAL EDUCATION AND PROVIDE ENRICHMENT OPPORTUNITIES FOR MEMBER/OWNERS OF ALL AGES. ACTIVELY SERVE THE COMMUNITIES IN WHICH OUR MEMBER/OWNERS LIVE AND WORK. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8266804 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 8717500 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -1255 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -1255 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 7148 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 79926 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 949079 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 744327 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 250627 |
| IRS990/OtherExpensesGrp/Desc | 0 | DIVIDENDS PAID TO MEMBERS |
| IRS990/OtherExpensesGrp/Desc | 1 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 2 | NCUA ASSESSMENTS |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 251199 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 117172 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 50559 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 64775849 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1056075 |
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| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 48837639 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 95739 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 29791 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 140549 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 166693 |
| IRS990/PrincipalOfficerNm | 0 | LISA GILLIGAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 519100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MEMBER FEE REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER MEMBER REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | NON MEMBER VEHICLE REGISTRN |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | NON MEMBER ATM FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2708731 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 434570 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 418850 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2708731 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 434570 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 418850 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 6896 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 3814 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 6896 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 3814 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 1,892 LOANS TO MEMBERS DURING 2013. AS OF 12/31/13 WE HAD 5,016 LOANS TO MEMBERS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | CREDIT UNION STAFF GAVE PRESENTATIONS ON FINANCIAL EDUCATION TO 533 STUDENTS DURING 2013. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 172794 |
| IRS990/PYOtherExpensesAmt | 0 | 2024306 |
| IRS990/PYOtherRevenueAmt | 0 | 15766 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3569768 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 309964 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1424058 |
| IRS990/PYTotalExpensesAmt | 0 | 3448364 |
| IRS990/PYTotalRevenueAmt | 0 | 3758328 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 450696 |
| 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 | true |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 17482 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 17482 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 8266804 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 8717500 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 7797741 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 10663130 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1232570 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 759905 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1992475 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 189899 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 766053 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 955952 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | true |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 9914000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 539280 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 15000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENTS MATURING > 1 YR |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | CAPITAL ACCTS AT CORPORATE CENTRAL |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | STOCK - WISCUB & SHARED SVC CTR |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 76042 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 76042 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 64903146 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | -127297 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARES & CERTIFICATES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ESCROW ACCOUNTS FOR LINE 21 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS TO MEMBERS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 2, PART IV, LINE 2B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1498511 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 10468280 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 64775849 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PROVIDE EXCEPTIONAL SERVICE ALL MEMBER/OWNERS. OFFER A VARIETY OF PERSONALIZED, CONVENIENT AND QUALITY SERVICES TO ASSIST MEMBER/OWNERS IN REACHING THEIR FINANCIAL GOALS. PROTECT THE ASSETS OF THE MEMBER/OWNERS AND ASSURE THE FINANCIAL STABILITY OF THE CREDIT UNION. ENCOURAGE CONTINUING FINANCIAL EDUCATION AND PROVIDE ENRICHMENT OPPORTUNITIES FOR MEMBER/OWNERS OF ALL AGES. ACTIVELY SERVE THE COMMUNITIES IN WHICH OUR MEMBER/OWNERS LIVE AND WORK. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CREDIT UNION WILL FILE THE 990-T BY ITS EXTENDED DUE DATE OF NOVEMBER 15TH. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, YOU MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MANAGEMENT PROVIDES DATA TO CPA WHO PREPARES THE RETURN. MANAGEMENT REVIEWS THE RETURN AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. THE BOARD IS NOTIFIED THAT THE 990 WAS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | POLICY IS REVIEWED ANNUALLY AND SIGNED BY EACH MEMBER OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | ALL SALAREIS ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS USING THE ANNUAL SALARY SURVEY FROM THE WISCONSIN CREDIT UNION LEAGUE. SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | ALL SALAREIS ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS USING THE ANNUAL SALARY SURVEY FROM THE WISCONSIN CREDIT UNION LEAGUE. SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY AND INCLUDED IN THE ANNUAL REPORT. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES WOULD ONLY BE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 5, PART V, LINE 3B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 71903964 |
| IRS990/TotalAssetsEOYAmt | 0 | 73834457 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 71903964 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 73834457 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 51 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3277190 |
| IRS990/TotalGrossUBIAmt | 0 | 11700 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 63637160 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 65116957 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 63637160 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 65116957 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 8266804 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 8717500 |
| IRS990/TotalOtherCompensationAmt | 0 | 20228 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 990 |
| IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt | 0 | 990 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 3573851 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 99674 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 155290 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3560896 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3727886 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 11700 |
| IRS990/TotalVolunteersCnt | 0 | 12 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 71903964 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 73834457 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | true |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 301 JACKSON STREET |
| IRS990/USAddress/City | 0 | OCONTO FALLS |
| IRS990/USAddress/State | 0 | WI |
| IRS990/USAddress/ZIPCode | 0 | 54154 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.NEWCU.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LISA GILLIGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9208464106 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-09-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | NEW CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWC |
| ReturnHeader/Filer/EIN | 0 | 396050513 |
| ReturnHeader/Filer/PhoneNum | 0 | 9208464106 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 301 JACKSON STREET |
| ReturnHeader/Filer/USAddress/City | 0 | OCONTO FALLS |
| ReturnHeader/Filer/USAddress/State | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 54154 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-09-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRENT WOOKEY CPA |
| ReturnHeader/ReturnTs | 0 | 2014-09-10T13:24:50-05:00 |
| 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
- $73,834,457
- Liabilities
- $65,116,957
- Net assets
- $8,717,500
- Revenue
- $3,727,886
- Expenses
- $3,277,190
- Net income
- $450,696
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