Civic Intelligence

Avestar Credit Union

EIN 39-6069815 • 501(c)14 • Waterloo, WI

Profile

Avestar credit union is committed to providing its members sound and dependable financial service. Our members will receive fair and competitive rates, while we maintain the financial stability of the credit union.

125 W Madison StWaterloo, WI 53594

www.avestarcu.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.88x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

13.30x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Net Margin

16th percentile

0.9%

Higher net margin than 16% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

100th percentile

32%

Faster asset growth than 100% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Revenue Growth

100th percentile

60%

Faster revenue growth than 100% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Assets

Up

$65,183,170

Up $694,970 (+1.1%) from 2023

Liabilities

Up

$57,582,470

Up $588,653 (+1.0%) from 2023

Net Assets

Up

$7,600,700

Up $106,317 (+1.4%) from 2023

Revenue

Up

$4,329,309

Up $2,053,534 (+90%) from 2023

Expenses

Up

$4,289,413

Up $2,129,670 (+99%) from 2023

Net Income

Down

$39,896

Down $76,136 (-66%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $17,848,447Liabilities 2010: $16,209,805Net Assets 2010: $1,638,6422010Assets 2011: $17,579,658Liabilities 2011: $15,985,056Net Assets 2011: $1,594,6022011Assets 2012: $20,463,570Liabilities 2012: $18,797,438Net Assets 2012: $1,666,1322012Assets 2013: $18,725,287Liabilities 2013: $17,039,577Net Assets 2013: $1,685,7102013Assets 2014: $20,651,356Liabilities 2014: $18,889,302Net Assets 2014: $1,762,0542014Assets 2015: $22,099,918Liabilities 2015: $20,243,204Net Assets 2015: $1,856,7142015Assets 2016: $24,060,599Liabilities 2016: $21,948,819Net Assets 2016: $2,111,7802016Assets 2017: $25,844,331Liabilities 2017: $23,558,614Net Assets 2017: $2,285,7172017Assets 2018: $24,118,171Liabilities 2018: $21,629,374Net Assets 2018: $2,488,7972018Assets 2019: $25,738,358Liabilities 2019: $22,960,896Net Assets 2019: $2,777,4622019Assets 2020: $31,306,176Liabilities 2020: $28,266,153Net Assets 2020: $3,040,0232020Assets 2021: $36,149,842Liabilities 2021: $32,897,756Net Assets 2021: $3,252,0862021Assets 2022: $37,347,210Liabilities 2022: $33,973,785Net Assets 2022: $3,373,4252022Assets 2023: $64,488,200Liabilities 2023: $56,993,817Net Assets 2023: $7,494,3832023Assets 2024: $65,183,170Liabilities 2024: $57,582,470Net Assets 2024: $7,600,7002024

Highlighted filing

2024

Assets$65,183,170
Liabilities$57,582,470
Net Assets$7,600,700

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,299,4292010Revenue 2011: $1,306,386Expenses 2011: $1,350,426Net Income 2011: -$44,0402011Expenses 2012: $1,246,6952012Revenue 2013: $1,228,137Expenses 2013: $1,208,559Net Income 2013: $19,5782013Revenue 2014: $1,215,694Expenses 2014: $1,139,350Net Income 2014: $76,3442014Revenue 2015: $1,198,758Expenses 2015: $1,104,098Net Income 2015: $94,6602015Revenue 2016: $1,206,852Expenses 2016: $951,786Net Income 2016: $255,0662016Revenue 2017: $1,283,161Expenses 2017: $1,109,224Net Income 2017: $173,9372017Revenue 2018: $1,345,856Expenses 2018: $1,142,776Net Income 2018: $203,0802018Revenue 2019: $1,475,328Expenses 2019: $1,186,663Net Income 2019: $288,6652019Revenue 2020: $1,542,404Expenses 2020: $1,279,843Net Income 2020: $262,5612020Revenue 2021: $1,531,500Expenses 2021: $1,304,611Net Income 2021: $226,8892021Revenue 2022: $1,692,693Expenses 2022: $1,505,666Net Income 2022: $187,0272022Revenue 2023: $2,275,775Expenses 2023: $2,159,743Net Income 2023: $116,0322023Revenue 2024: $4,329,309Expenses 2024: $4,289,413Net Income 2024: $39,8962024

Highlighted filing

2024

Revenue$4,329,309
Expenses$4,289,413
Net Income$39,896

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$65.2$57.6$7.60$4.33$4.29$0.04
2023Detailed filing. Detailed filing data is available for this year.$64.5$57.0$7.49$2.28$2.16$0.12
2022Detailed filing. Detailed filing data is available for this year.$37.3$34.0$3.37$1.69$1.51$0.19
2021Detailed filing. Detailed filing data is available for this year.$36.1$32.9$3.25$1.53$1.30$0.23
2020Detailed filing. Detailed filing data is available for this year.$31.3$28.3$3.04$1.54$1.28$0.26
2019Detailed filing. Detailed filing data is available for this year.$25.7$23.0$2.78$1.48$1.19$0.29
2018Detailed filing. Detailed filing data is available for this year.$24.1$21.6$2.49$1.35$1.14$0.20
2017Detailed filing. Detailed filing data is available for this year.$25.8$23.6$2.29$1.28$1.11$0.17
2016Detailed filing. Detailed filing data is available for this year.$24.1$21.9$2.11$1.21$0.95$0.26
2015Detailed filing. Detailed filing data is available for this year.$22.1$20.2$1.86$1.20$1.10$0.09
2014Detailed filing. Detailed filing data is available for this year.$20.7$18.9$1.76$1.22$1.14$0.08
2013Detailed filing. Detailed filing data is available for this year.$18.7$17.0$1.69$1.23$1.21$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$18.8$1.67$1.25
2011Summary only. Only limited summary data is available for this year.$17.6$16.0$1.59$1.31$1.35$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$16.2$1.64$1.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 3, 2025
Return Version
2024v5.0
Gross Receipts
$4,366,308
Mission and Program Overview

Mission

Avestar credit union is committed to providing its members sound and dependable financial service. Our members will receive fair and competitive rates, while we maintain the financial stability of the credit union.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$52,389,001$53,399,191▲ $1,010,190
Rtn Earn Endowment Incm Other Fnds$7,494,383$7,600,700▲ $106,317
Savings and Temporary Cash Investments$5,272,153$5,990,462▲ $718,309
Investments Program Related$3,026,538$2,031,194▼ $995,344
Cash and Non-Interest-Bearing Accounts$1,233,337$1,212,936▼ $20,401
Land, Buildings, and Equipment, Net$1,043,301$1,051,595▲ $8,294
Receivables From Officers Etc$648,000$648,000→ $0
Prepaid Expenses and Deferred Charges$78,506$67,123▼ $11,383
Total Assets$64,488,200$65,183,170▲ $694,970
Other Assets Total$797,364$782,669▼ $14,695
Liabilities
Other Liabilities$56,376,135$56,989,292▲ $613,157
Accounts Payable and Accrued Expenses$569,168$511,334▼ $57,834
Escrow Account Liability$48,514$81,844▲ $33,330
Total Liabilities$56,993,817$57,582,470▲ $588,653
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,494,383$7,600,700▲ $106,317
Total Liabilities and Net Assets / Fund Balance$64,488,200$65,183,170▲ $694,970

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$462,952$590,544$1,053,496
Equipment$143,852$863,089$1,006,941
Land$433,800-$433,800
Leasehold Improvements$10,991$412,236$423,227
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer KutzPresidentFT$116,063$16,169$132,232
Kay RadloffCEOFT$117,058$8,024$125,082

Board Members and Trustees

NameTitle
Ron KlugeBoard Chair
Maryls SchmidtVice Chair
Cole MasonDirector
Joseph AbellDirector
Josh KlugeDirector
Karen MoonDirector
Nicole WhitmoreDirector
Sue PowersDirector
Dorothy SteffensSecretary
Lee FiedorowiczTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Shazam INCCard Processor6700 PIONEER PARKWAY, Johnston, IA 50131$139,956
SharetecCore System101 E WASHINGTON BLVD, Fort Wayne, IN 46802$127,335
ThinkstackIt Services1300 THOMAS ST GROUND SUITE 20, Baltimore, MD 21231$113,089
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,141,431
Investment Income
$158,071
Other Revenue
$29,807
Change in Net Assets
$39,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,529,663
Salaries, Compensation, and Employee Benefits$1,759,250
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,195,282
Office Expenses---$677,620
Information Technology---$312,355
Other Expenses---$239,904
Current Officers, Directors, Trustees, and Key Employees---$233,121
Other Employee Benefits---$177,449
Occupancy---$134,807
Advertising---$112,349
Depreciation Depletion---$105,557
Payroll Taxes---$103,561
Insurance---$66,614
Pension Plan Contributions---$49,837
Travel---$23,262
Fees for Services Other---$22,668
Conferences and Meetings---$18,006
Fees for Services Accounting---$7,293
Grants to Domestic Individuals---$500
Interest---$20
Total Functional Expenses$0$0$0$4,289,413
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$648,000$648,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares & Deposits$57,071,136
Escrow Balance to Line 21 Bal Sheet$-81,844
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, Page 6, Part VI, Line 2

Ron kluge josh kluge board chair director family relationship

Form 990, Page 6, Part VI, Line 6

The organization has members. To be a member one must have a share (savings) account at the credit union.

Form 990, Page 6, Part VI, Line 7A

The board of directors is elected by the credit union members. Each member has one vote.

Form 990, Page 6, Part VI, Line 7B

A member vote is required for decisions which are beyond the authority of the board of directors. Items which require a membership vote are outlined and specified in the bylaws. Each member has one vote.

Form 990, Page 6, Part VI, Line 11B

Management provides necessary data to independent preparer who completes the return. Management reviews the return for accuracy, and then authorizes the preparer to e-fle the approved return. The return is reviewed with the directors at the next scheduled board meeting.

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

The conflict of interest policy is reviewed annually. This includes discussion of business partners and any possible conflicts of interest. Any conflicts are disclosed.

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

The board determines and approves the compensation for the ceo and for the president. This approval is documented in the board minutes.

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

The board determines and approves the compensation for the ceo and for the president. This approval is documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

Governing documents, confilct of interest policy, and financial statements are provided to members upon request.

Filing and Contact Details

Filer

Filer Name
Avestar Credit Union
EIN
39-6069815
Phone
9204782151
Address
125 W MADISON ST, WATERLOO, WI 53594

Signing Officer

Name
Jennifer Kutz
Title
President
Phone
6082715301
Signed
2025-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Kutz
Formed
1964
Legal Domicile
Wi
Voting Board Members
11
Independent Board Members
9
Employees
37
Volunteers
9

Preparer

Firm
Audit Threesixty
Address
1202 JOHNSON ST, ONALASKA, WI 54650-2008
Preparer
Peter Rasmussen
Phone
6083173765
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The credit union holds funds in escrow accounts for property taxes and homeowners insurance related to mortgage loans.

Raw XML AppendixShowing 400 of 443 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0569168
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0511334
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0AVESTAR CREDIT UNION IS COMMITTED TO PROVIDING ITS MEMBERS SOUND AND DEPENDABLE FINANCIAL SERVICE. OUR MEMBERS WILL RECEIVE FAIR AND COMPETITIVE RATES, WHILE WE MAINTAIN THE FINANCIAL STABILITY OF THE CREDIT UNION.
IRS990/AdvertisingGrp/TotalAmt0112349
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JENNIFER KUTZ
IRS990/BooksInCareOfDetail/PhoneNum09204782151
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 W MADISON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WATERLOO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053594
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01233337
IRS990/CashNonInterestBearingGrp/EOYAmt01212936
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0233121
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt018006
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0139956
IRS990/ContractorCompensationGrp/CompensationAmt1127335
IRS990/ContractorCompensationGrp/CompensationAmt2113089
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt06700 PIONEER PARKWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1101 E WASHINGTON BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21300 THOMAS ST GROUND SUITE 20
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0JOHNSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1FORT WAYNE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2BALTIMORE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd050131
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd146802
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd221231
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SHAZAM INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SHARETEC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2THINKSTACK
IRS990/ContractorCompensationGrp/ServicesDesc0CARD PROCESSOR
IRS990/ContractorCompensationGrp/ServicesDesc1CORE SYSTEM
IRS990/ContractorCompensationGrp/ServicesDesc2IT SERVICES
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0500
IRS990/CYInvestmentIncomeAmt0158071
IRS990/CYOtherExpensesAmt02529663
IRS990/CYOtherRevenueAmt029807
IRS990/CYProgramServiceRevenueAmt04141431
IRS990/CYRevenuesLessExpensesAmt039896
IRS990/CYSalariesCompEmpBnftPaidAmt01759250
IRS990/CYTotalExpensesAmt04289413
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04329309
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0105557
IRS990/Desc0THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 467 NEW DEPOSIT ACCOUNTS IN 2024. AS OF 12/31/24 WE HAD 6,211 MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt037
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountLiabilityGrp/BOYAmt048514
IRS990/EscrowAccountLiabilityGrp/EOYAmt081844
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/TotalAmt07293
IRS990/FeesForServicesOtherGrp/TotalAmt022668
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt016169
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt18024
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0JENNIFER KUTZ
IRS990/Form990PartVIISectionAGrp/PersonNm1KAY RADLOFF
IRS990/Form990PartVIISectionAGrp/PersonNm2RON KLUGE
IRS990/Form990PartVIISectionAGrp/PersonNm3MARYLS SCHMIDT
IRS990/Form990PartVIISectionAGrp/PersonNm4LEE FIEDOROWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm5DOROTHY STEFFENS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSEPH ABELL
IRS990/Form990PartVIISectionAGrp/PersonNm7KAREN MOON
IRS990/Form990PartVIISectionAGrp/PersonNm8COLE MASON
IRS990/Form990PartVIISectionAGrp/PersonNm9JOSH KLUGE
IRS990/Form990PartVIISectionAGrp/PersonNm10NICOLE WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm11SUE POWERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0116063
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1117058
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-10456
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt026543
IRS990/GrossReceiptsAmt04366308
IRS990/GrossRentsGrp/RealAmt019100
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0312355
IRS990/InsuranceGrp/TotalAmt066614
IRS990/InterestGrp/TotalAmt020
IRS990/InvestmentIncomeGrp/ExclusionAmt0168527
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0168527
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03026538
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02031194
IRS990/IRPDocumentCnt01403
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01865869
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01043301
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01051595
IRS990/LandBldgEquipCostOrOtherBssAmt02917464
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt036999
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0AVESTAR CREDIT UNION IS COMMITTED TO PROVIDING ITS MEMBERS SOUND AND DEPENDABLE FINANCIAL SERVICE. OUR MEMBERS WILL RECEIVE FAIR AND COMPETITIVE RATES, WHILE WE MAINTAIN THE FINANCIAL STABILITY OF THE CREDIT UNION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt07494383
IRS990/NetAssetsOrFundBalancesEOYAmt07600700
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-10456
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-10456
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt019100
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt019100
IRS990/NetUnrlzdGainsLossesInvstAmt024150
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0134807
IRS990/OfficeExpensesGrp/TotalAmt0677620
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0797364
IRS990/OtherAssetsTotalGrp/EOYAmt0782669
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0177449
IRS990/OtherExpensesGrp/Desc0DIVIDENDS EXPENSE
IRS990/OtherExpensesGrp/Desc1CREDIT LOSS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0809208
IRS990/OtherExpensesGrp/TotalAmt1239904
IRS990/OtherLiabilitiesGrp/BOYAmt056376135
IRS990/OtherLiabilitiesGrp/EOYAmt056989292
IRS990/OtherSalariesAndWagesGrp/TotalAmt01195282
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt052389001
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt053399191
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0103561
IRS990/PensionPlanContributionsGrp/TotalAmt049837
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt078506
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067123
IRS990/PrincipalOfficerNm0JENNIFER KUTZ
IRS990/PriorPeriodAdjustmentsAmt042271
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/BusinessCd3520000
IRS990/ProgramServiceRevenueGrp/BusinessCd4560000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER MEMBER RELATED INCOME
IRS990/ProgramServiceRevenueGrp/Desc3FEE & INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/Desc4NON-MEMBER CVR-DMV FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03430703
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1582837
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2118157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03430703
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1582837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2118157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35398
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44336
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt05398
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt14336
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 904 NEW LOANS DURING 2024. AS OF 12/31/24 WE HAD 3,277 OUTSTANIDNG LOANS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0500
IRS990/PYInvestmentIncomeAmt0123471
IRS990/PYOtherExpensesAmt01254512
IRS990/PYOtherRevenueAmt024348
IRS990/PYProgramServiceRevenueAmt02127956
IRS990/PYRevenuesLessExpensesAmt0116032
IRS990/PYSalariesCompEmpBnftPaidAmt0904731
IRS990/PYTotalExpensesAmt02159743
IRS990/PYTotalRevenueAmt02275775
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0648000
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0648000
IRS990/ReconcilationRevenueExpnssAmt039896
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt019100
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt010707
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt010707
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07494383
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07600700
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05272153
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05990462
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0462952
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0590544
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01053496
IRS990ScheduleD/EquipmentGrp/BookValueAmt0143852
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0863089
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01006941
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0433800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0433800
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010991
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0412236
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0423227
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057071136
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-81844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCROW BALANCE TO LINE 21 BAL SHEET
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01051595
IRS990ScheduleD/TotalLiabilityAmt056989292
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0648000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SPLIT DOLAR LIFE INSUR EXEC BENEFIT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt072000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NICHOLAS KESSENICH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FORMER PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0AVESTAR CREDIT UNION ACQUIRED THE LOANS TO INTERESTED PERSONS LISTED IN PART II WHEN MEMBERS FIRST CREDIT UNION, MADISON, WI, WAS MERGED INTO AVESTAR CREDIT UNION ON DECEMBER 1, 2023.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt0648000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RON KLUGE JOSH KLUGE BOARD CHAIR DIRECTOR FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A 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 THE BYLAWS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES THE PREPARER TO E-FLE THE APPROVED RETURN. THE RETURN IS REVIEWED WITH THE DIRECTORS AT THE NEXT SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. THIS INCLUDES DISCUSSION OF BUSINESS PARTNERS AND ANY POSSIBLE CONFLICTS OF INTEREST. ANY CONFLICTS ARE DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD DETERMINES AND APPROVES THE COMPENSATION FOR THE CEO AND FOR THE PRESIDENT. THIS APPROVAL IS DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD DETERMINES AND APPROVES THE COMPENSATION FOR THE CEO AND FOR THE PRESIDENT. THIS APPROVAL IS DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GOVERNING DOCUMENTS, CONFILCT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt064488200
IRS990/TotalAssetsEOYAmt065183170
IRS990/TotalAssetsGrp/BOYAmt064488200
IRS990/TotalAssetsGrp/EOYAmt065183170
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04289413
IRS990/TotalGrossUBIAmt09734
IRS990/TotalLiabilitiesBOYAmt056993817
IRS990/TotalLiabilitiesEOYAmt057582470
IRS990/TotalLiabilitiesGrp/BOYAmt056993817
IRS990/TotalLiabilitiesGrp/EOYAmt057582470
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07494383
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07600700
IRS990/TotalOtherCompensationAmt024193
IRS990/TotalProgramServiceRevenueAmt04141431
IRS990/TotalReportableCompFromOrgAmt0233121
IRS990/TotalRevenueGrp/ExclusionAmt0198334
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04121241
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04329309
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt09734
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt064488200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.