2018-07-09T14:12:32-05:00 2017-12-31 390758449 WIPFLI LLP PO BOX 8010 WAUSAU WI 544028010 990 2017-01-01 390823125 WESTCONSIN CREDIT UNION WEST 7152353403 3333 SCHNEIDER AVENUE SE PO BOX 160 MENOMONIE WI 54751 LORA BENRUD CEO 7152353403 2018-06-28 1 MARY A COATES CPA P00134220 7158453111 2018-06-28 2017 2022-09-23 18:48:47Z LORA BENRUD 3333 SCHNEIDER AVENUE SE PO BOX 160 MENOMONIE WI 54751 83065701 0 2157 X WESTCONSINCU.ORG X 1938 WI WESTCONSIN CREDIT UNION IS COMMITTED TO HELPING OUR MEMBERS ACHIEVE FINANCIAL SUCCESS. 7 7 446 7 3848997 0 0 0 54770825 58373839 4893868 5647837 3958354 3928916 63623047 67950592 146572 118615 0 0 24410654 26045779 0 0 0 27968558 30666507 52525784 56830901 11097263 11119691 1088497081 1180121618 960367019 1040345225 128130062 139776393 X THE ORGANIZATION IS A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED UNDER WISCONSIN STATE LAW TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. 0 0 PROVIDED LOW-COST FINANCIAL SERVICES TO 90,329 MEMBERS. SERVED MEMBERS' INTERESTS BY ACCEPTING DEPOSITS, GRANTING LOANS, AND INVESTING EXCESS FUNDS IN A PRUDENT MANNER. PROVIDED OVER 20,000 LOANS FOR OVER $465 MILLION TO MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 49435 0 1 446 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 X LORA BENRUD 7152353403 3333 SCHNEIDER AVENUE MENOMONIE WI 54751 DALE DAHLKE BOARD MEMBER 5.00 X 7300 0 0 TODD LEIPNITZ BOARD MEMBER 5.00 X 7300 0 0 COLLEEN MENSING BOARD MEMBER 5.00 X 7300 0 0 DAVE MAVES CHAIRPERSON 5.00 X X 7300 0 0 GERALD WOLF VICE-CHAIRPERSON 5.00 X X 7300 0 0 LYNN BRANTNER SECRETARY 5.00 X X 7300 0 0 RITA LUNDERVILLE TREASURER 5.00 X X 7300 0 0 LORA BENRUD CEO 40.00 X 411541 0 72069 JERILYN KINDERMAN CFO 40.00 X 191737 0 48022 JIM WOOKEY COO 40.00 X 171263 0 51540 MARK WILLER CLO 40.00 X 192043 0 42774 GERALD FAHL II CXO 40.00 X 188031 0 31296 NICOLE YARRINGTON CTO 40.00 X 150050 0 23515 MICHAEL TOMASEK CIO 40.00 X 173876 0 19064 JENNIFER LARSON MORTGAGE LOAN ORIGINATOR 40.00 X 154625 0 24391 AMBER HANSON MORTGAGE LOAN ORIGINATOR 40.00 X 140840 0 33770 TIMOTHY CARLSON VP - WESTCONSIN INVESTMENT 40.00 X 129611 0 20948 RUSSELL BLASIUS SENIOR VP - RETAIL OPERATIONS 40.00 X 128978 0 43112 JAMES WYNN VP - BUSINESS LOANS & SERV 40.00 X 128716 0 39139 2212411 0 449640 15 0 1 0 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 DEBIT & CREDIT CARD 3638203 FISERV SOLUTIONS OF USA INC 75 REMITTANCE DRIVE STE 6944 CHICAGO IL 60061 IT SOLUTIONS 1159319 HOEFT BUILDERS INC 2423 RIVERS EDGE DRIVE STE 1 ALTOONA WI 54720 BUILDING CONTRACTOR 1007610 DERRICK BUILDING SOLUTIONS LLC 1505 HIGHWAY 65 NEW RICHMOND WI 54017 BUILDING CONTRACTOR 746928 TRANSUNION 555 WEST ADAMS STREET CHICAGO IL 60661 CREDIT SERVICES 626193 27 LOAN INTEREST INCOME 522100 40938228 40938228 FEE INCOME 522100 14195682 14169273 26409 MORTGAGE SERVICING INCOME 900099 2638721 2638721 MEMBER FINANCIAL INCOME 525990 601208 601208 58373839 3032849 3032849 106328 0 106328 106328 106328 15012650 2717447 14930812 184297 81838 2533150 2614988 2614988 REALTY COMMISSION INCOME 531390 2724225 2724225 TITLE SERVICE INCOME 531390 1098363 1098363 3822588 67950592 58453758 3848997 5647837 103615 15000 1817921 17549967 1941543 3273433 1462915 160670 218505 2820117 1621097 3120866 5087624 1395596 34211 373145 1858275 84525 DIVIDENDS ON MEMBER ACC 7006371 LOAN SERVICING EXPENSE 5181019 BAD DEBT EXPENSE 1552751 ANNUAL ASSESSMENT AND S 113028 38707 56830901 4991926 6472053 178745064 197386392 860348513 928865515 505022 646252 41808985 18459812 21366358 23349173 2095317 2541864 20444881 20860369 1088497081 1180121618 9858266 12004701 950508753 1028340524 960367019 1040345225 X 0 0 0 0 128130062 139776393 128130062 139776393 1088497081 1180121618 X 11119691 -490029 1016669 X 0 0 0 5181941 5181941 22990019 8328218 14661801 13637025 10131594 3505431 23349173 DEPOSITS 1028340524 1028340524 1 UNITED WAY OF ST CROIX VALLEY 516 SECOND STREET SUITE 214B HUDSON WI 54016 391372545 501(C)(3) 19292 GENERAL DONATION/ASSISTANCE BALDWIN AREA MEDICAL CENTER 1100 BERGSLIEN STREET BALDWIN WI 54002 390808526 501(C)(3) 16667 NEW FACILITY AMERICAN CANCER SOCIETY INC 250 WILLIAMS STREET NW SUITE 400 ATLANTA GA 30303 131788491 501(C)(3) 12500 GENERAL DONATION/ASSISTANCE UNITED WAY OF DUNN COUNTY PO BOX 3266 MENOMONIE WI 54751 396099810 501(C)(3) 11478 GENERAL DONATION/ASSISTANCE RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION 222 LEWIS STREET RIVER FALLS WI 54022 391685445 501(C)(3) 10000 GENERAL DONATION/ASSISTANCE CHIPPEWA VALLEY COUNCIL INC BOY SCOUTS OF AMERICA 710 SOUTH HASTINGS WAY EAU CLAIRE WI 54701 390807227 501(C)(3) 5400 GENERAL DONATION/ASSISTANCE CITY OF NEW RICHMOND 156 EAST FIRST STREET NEW RICHMOND WI 54017 396005554 GOVERNMENT 5000 NEW RICHMOND POLICE DEPT K-9 THE BRIDGE TO HOPE 1901 S BROADWAY STREET MENOMONIE WI 54751 391421880 501(C)(3) 5000 M/CAPITAL CAMPAIGN 8 0 SCHOLARSHIPS 16 15000 PART I, LINE 2: THE ORGANIZATION KEEPS TRACK OF THE ORGANIZATIONS THAT RECEIVE DONATIONS. X X X 0 0 0 LORA BENRUD CEO 367452 0 36308 0 7781 0 40500 0 31569 0 483610 0 0 0 JERILYN KINDERMAN CFO 171912 0 18355 0 1470 0 18294 0 29728 0 239759 0 0 0 JIM WOOKEY COO 152954 0 16419 0 1890 0 24213 0 27327 0 222803 0 0 0 MARK WILLER CLO 170910 0 17953 0 3180 0 17825 0 24949 0 234817 0 0 0 GERALD FAHL II CXO 169140 0 17601 0 1290 0 25761 0 5535 0 219327 0 0 0 NICOLE YARRINGTON CTO 136622 0 13160 0 268 0 20528 0 2987 0 173565 0 0 0 MICHAEL TOMASEK CIO 158766 0 14840 0 270 0 15904 0 3160 0 192940 0 0 0 JENNIFER LARSON MORTGAGE LOAN ORIGINATOR 153254 0 1185 0 186 0 22975 0 1416 0 179016 0 0 0 AMBER HANSON MORTGAGE LOAN ORIGINATOR 138388 0 1260 0 1192 0 14310 0 19460 0 174610 0 0 0 TIMOTHY CARLSON VP - WESTCONSIN INVESTMENT 128134 0 400 0 1077 0 19261 0 1687 0 150559 0 0 0 RUSSELL BLASIUS SENIOR VP - RETAIL OPERATIONS 117126 0 10107 0 1745 0 18548 0 24564 0 172090 0 0 0 JAMES WYNN VP - BUSINESS LOANS & SERV 114938 0 12366 0 1412 0 12321 0 26818 0 167855 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE FOLLOWING PERSONS SHALL BE ELIGIBLE FOR MEMBERSHIP IN THIS CREDIT UNION: 1. PERSONS RESIDING OR EMPLOYED IN THE FOLLOWING WISCONSIN COUNTIES; BARRON, BUFFALO,BURNETT, CHIPPEWA, CLARK DUNN, EAU CLAIRE, JACKSON, PEPIN, PIERCE, POLK, RUSK, ST. CROIX, SAWYER, TAYLOR, TREMPEALEAU AND WASHBURN. 2. PERSONS RESIDING OR EMPLOYED IN THE FOLLOWING MINNESOTA COUNTIES; ANOKA, CHISAGO, DAKOTA, GOODHUE, ISANTI, RAMSEY, WABASHA & WASHINGTON. 3. PERSONS WHO ARE EMPLOYEES, MEMBERS OR PATRONS OF ANY COOPERATIVE WITH A PRINCIPAL PLACE OF BUSINESS IN ANY OF THE ABOVE COUNTIES IN WISCONSIN OR MINNESOTA. 4. PERSONS WHO ARE EMPLOYEES, STUDENTS, OR ALUMNI OF ANY UNIVERSITY LOCATED IN ANY COUNTY LISTED IN (B)(1) OR (2) ABOVE, INCLUDING UW-BARRON, UW-EAU CLAIRE, UW-RIVER FALLS AND UW-STOUT. 5. PERSONS WHO ARE EMPLOYEES, STUDENTS OR ALUMNI OF ANY TECHNICAL COLLEGE LOCATED IN ANY COUNTY LISTED IN (B)(1)(2) ABOVE, INCLUDING CHIPPEWA VALLEY TECHNICAL COLLEGE, DAKOTA COUNTY TECHNICAL COLLEGE AND WISCONSIN INDIANHEAD TECHNICAL COLLEGE. 6. MEMBERS OF OR CONTRIBUTORS TO ANY ALUMNI ASSOCIATION OR FOUNDATION ASSOCIATED WITH A UNIVERSITY OR TECHNICAL COLLEGE LOCATED IN ANY COUNTY LISTED IN (B)(1) OR (2) ABOVE. 7. ANY EMPLOYEE OF THIS CREDIT UNION. 8. MEMBERS OF THE IMMEDIATE FAMILY OF ALL PERSONS ELIGIBLE FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY ANNUALLY. THE MEMBERS HAVE THE ABILITY (WITH THREE-FOURTHS VOTE) TO REMOVE ANY DIRECTORS OR AMEND THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B AT ANY MEETING OF THE MEMBERS, IF THE NOTICE SO INDICATES, A MAJORITY OF MEMBERS PRESENT MAY DIRECT THE BOARD TO DO ANY OF THE FOLLOWING: 1. CONSIDER IMPLEMENTING ANY POLICY PROPOSED BY THE MEMBERS. 2. RECONSIDER ANY DECISION OF THE DIRECTORS, OFFICERS, OR COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE VP OF ACCOUNTING AND LEAD ACCOUNTANT ACCUMULATES ALL 990 AND 990-T INFORMATION, INCLUDING THE UBIT CALCULATIONS AND PROVIDES TO THE ORGANIZATION'S TAX PREPARER TO PROVIDE THE TAX RETURNS. THESE DOCUMENTS ARE REVIEWED BY THE CFO. THE 990 AND THE 990-T ARE REVIEWED BY THE GOVERNING BODY AND SENIOR MANAGEMENT PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES AND BOARD MEMBERS. IT IS REVIEWED ANNUALLY BY THE GOVERNING BODY AND EMPLOYEES. THE GOVERNING BODY VERIFIES EMPLOYEES ARE IN COMPLIANCE WITH CONFLICT OF INTEREST POLICY. CONFLICTS OF INTEREST ARE DETERMINED AT THE CEO, CORPORATE OFFICERS AND THE BOARD LEVEL IF NECESSARY. THE CONFLICT OF INTEREST POLICY COVERS ALL RESTRICTIONS ARISING IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION RECEIVES SEVERAL ANNUAL SALARY SURVEYS AND SUBSCRIBES TO SERVICES FROM A COMPANY SPECIALIZING IN COMPENSATION TO REVIEW PAY STRUCTURE AND CONTINUALLY PROVIDE THE CREDIT UNION WITH ANNUAL PAY COMPARISONS TO SIMILAR POSITIONS IN THE INDUSTRY. THE ORGANIZATION'S BOARD OF DIRECTORS HAS FINAL APPROVAL OVER THE CEO'S COMPENSATION. THE BOARD OF DIRECTORS ALSO DISCUSS AND APPROVE THE COMPENSATION FOR THE REMAINING EXECUTIVE LEVEL POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC GERALD FAHL II - 340 ELM AVE W, MENOMONIE, WI 54751. FORM 990, PART XI, LINE 9: CHANGE IN OTHER COMPREHENSIVE INCOME -3,522. ADJUSTMENT OF CAPITAL CREDITS 1,020,191. WESTCONSIN REALTY LLC 3333 SCHNEIDER AVENUE SE PO BOX 160 MENOMONIE WI 54751 200157525 REAL ESTATE BROKERAGE SERVICES WI 280587 1590448 WESTCONSIN CREDIT UNION WESTCONSIN TITLE SERVICES LLC 3333 SCHNEIDER AVENUE SE PO BOX 160 MENOMONIE WI 54751 455377540 GENERAL TITLE SERVICES WI 165961 1087876 WESTCONSIN CREDIT UNION