EDUCATORS CREDIT UNION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- EDUCATORS CREDIT UNION (EIN 39-0555293)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-15
- IRS object ID
- 201721359349302877
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T09:54:27-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390758449 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WIPFLI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8010 | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 544028010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390555293 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATORS CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDUC | BusinessNameControlTxt |
| Phone | 2628865900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1326 WILLOW ROAD | AddressLine1Txt |
| City | MT PLEASANT | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53177 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KURT JOHNSON | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2628865900 | PhoneNum |
| Signature | 2017-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY A COATES CPA | PreparerPersonNm |
| PTIN | P00134220 | PTIN |
| Phone | 7158453111 | PhoneNum |
| Preparation | 2017-05-11 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 216.54.158.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-05-11 | IPDt |
| IP Tm | 12:59:31 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 41ABCD53C4B0AAEE285E84ABDCCA064939346133 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KURT JOHNSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1326 WILLOW ROAD | AddressLine1Txt |
| City | MT PLEASANT | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53177 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $83,078,587 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 2157 | GroupExemptionNum |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ECU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE EXCEPTIONAL, PERSONALIZED, AND CONVENIENT PRODUCTS AND SERVICES TO ASSIST OUR MEMBERS/OWNERS IN REACHING THEIR FINANCIAL GOALS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 539 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $72,078,748 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $79,745,872 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,601,089 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,555,389 | CYInvestmentIncomeAmt |
| PY Other Revenue | $297,942 | PYOtherRevenueAmt |
| CY Other Revenue | $412,510 | CYOtherRevenueAmt |
| PY Total Revenue | $73,977,779 | PYTotalRevenueAmt |
| CY Total Revenue | $82,713,771 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $400,342 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $360,324 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,731,127 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,934,245 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $39,522,195 | PYOtherExpensesAmt |
| CY Other Expenses | $45,622,176 | CYOtherExpensesAmt |
| PY Total Expenses | $60,653,664 | PYTotalExpensesAmt |
| CY Total Expenses | $68,916,745 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,324,115 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,797,026 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,566,269,014 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,676,971,961 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,384,059,579 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,482,195,401 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $182,209,435 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $194,776,560 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE CREDIT UNION OPERATES TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A REASONABLE RATE OF INTEREST, AND TO PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | LENDING - PROVIDE BUSINESS AND CONSUMER LOANS AND LEASES WITH BALANCES OF $1,330,230,274. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SAVING - PROVIDE SAVING, CHECKING, CDS, IRAS AND MONEY MARKET ACCOUNT WITH BALANCES OF $1,461,054,220. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WE HAVE OVER 146,050 MEMBERS AND FOCUS ON EDUCATING THEM IN OUR BRANCHES AS WELL AS THROUGH COMMUNITY ACTIVITES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 108834 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 539 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES JUSTMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2628865900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1326 WILLOW RAOD | AddressLine1Txt |
| City | MT PLEASANT | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53177 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| CLARENCE ALLEN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $1,600 | $0 | $0 | |||
| MILTON DOCKERY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $1,550 | $0 | $0 | |||
| WILLIAM HALSEY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $1,800 | $0 | $0 | |||
| PAUL PELZEK | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $1,850 | $0 | $0 | |||
| MARY ANN SMITH | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $2,750 | $0 | $0 | |||
| JANET DAYS | ||||||||
| ASSOCIATE BOARD MEMBER | 1.00 | Yes (X) | $650 | $0 | $0 | |||
| ELTON DEMETI | ||||||||
| ASSOCIATE BOARD MEMBER | 1.00 | Yes (X) | $1,200 | $0 | $0 | |||
| SARAH FIEREK | ||||||||
| ASSOCIATE BOARD MEMBER | 1.00 | Yes (X) | $400 | $0 | $0 | |||
| LOGAN MARTIN | ||||||||
| ASSOCIATE BOARD MEMBER | 1.00 | Yes (X) | $400 | $0 | $0 | |||
| MARY LUENEBURG | ||||||||
| PRESIDENT | 1.00 | Yes (X) | $5,600 | $0 | $0 | Yes (X) | ||
| CHERYL KOTHE | ||||||||
| VICE PRESIDENT | 1.00 | Yes (X) | $2,050 | $0 | $0 | Yes (X) | ||
| BRAD ZAUTCKE | ||||||||
| SECRETARY | 1.00 | Yes (X) | $2,550 | $0 | $0 | Yes (X) | ||
| ROBERT STEPIEN | ||||||||
| TREASURER | 1.00 | Yes (X) | $1,550 | $0 | $0 | Yes (X) | ||
| MICHAEL ISELIN | ||||||||
| TREASURER (THRU JUNE) | 1.00 | Yes (X) | $900 | $0 | $0 | Yes (X) | ||
| EUGENE SZYMCZAK | ||||||||
| CEO (THRU DECEMBER) | 40.00 | $599,894 | $0 | $39,757 | Yes (X) | |||
| KURT JOHNSON | ||||||||
| CFO | 40.00 | $195,390 | $0 | $2,668 | Yes (X) | |||
| JAMES HENDERSON | ||||||||
| CAO | 40.00 | $194,383 | $0 | $28,713 | Yes (X) | |||
| LINDA HOOVER | ||||||||
| COO/INTERIM CEO | 40.00 | $218,216 | $0 | $32,944 | Yes (X) | |||
| MICHAEL MIKKELSON | ||||||||
| CIO | 40.00 | $183,827 | $0 | $18,488 | Yes (X) | |||
| PETER STEIN | ||||||||
| SR VP-HUMAN RESOURCES | 40.00 | $167,449 | $0 | $37,955 | Yes (X) | |||
| GLENN BRUSKY | ||||||||
| BRANCH MANAGER | 40.00 | $118,810 | $0 | $21,411 | Yes (X) | |||
| DALE DREHER | ||||||||
| SECURITY ARCHITECT | 40.00 | $116,976 | $0 | $12,280 | Yes (X) | |||
| DIANE HENDERSON | ||||||||
| HR MANAGER | 40.00 | $109,050 | $0 | $28,377 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,928,845 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $222,593 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BUKACEK CONSTRUCTION | |||||
| 2429 SUMMIT AVENUE | RACINE | WI | 53404 | CONSTRUCTION SERVICES | $3,114,645 |
| EDGE ONE INC | |||||
| 161 BUSINESS PARK CIRCLE | STOUGHTON | WI | 53589 | IT SERVICES | $1,119,163 |
| ALKAMI TECHNOLOGY INC | |||||
| PO BOX 670397 | PLANO | TX | 75267 | IT SERVICES | $948,162 |
| JACK HENRY & ASSOCIATES INC | |||||
| PO BOX 609 | MONETT | MO | 65708 | IT SERVICES | $868,144 |
| INFOIMAGE | |||||
| 141 JEFFERSON DRIVE | MENLO PARK | CA | 94025 | STATEMENT SERVICES | $654,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 522100 | $52,428,543 | $52,428,543 |
| CREDIT CARD INTERCHANGE INCOME | 522100 | $12,977,442 | $12,977,442 |
| MEMBER SERVICE FEES | 522100 | $9,372,051 | $9,372,051 |
| OTHER INCOME | 522100 | $3,010,150 | $3,010,150 |
| LOAN SERVICE FEES | 522100 | $1,572,048 | $1,572,048 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $385,638 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $385,638 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $79,745,872 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,769,083 | TotalRevenueColumnAmt |
| Exclusion | $2,769,083 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $452,486 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $151,122 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $301,364 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $301,364 | TotalRevenueColumnAmt |
| Exclusion | $301,364 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $213,694 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$213,694 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$213,694 | TotalRevenueColumnAmt |
| Exclusion | -$213,694 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GIFT CARD INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,222 | TotalRevenueColumnAmt |
| Exclusion | $2,222 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $108,924 | TotalRevenueColumnAmt |
| Exclusion | $108,924 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $111,146 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $82,713,771 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $79,745,872 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,967,899 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,324 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,336,814 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,456,152 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,672,918 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,116,975 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,351,386 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,701 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $328,878 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,769 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,076,802 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,556,646 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,080,807 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,328,347 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,077 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $432,631 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,708,305 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,467 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR LOAN LOSS | $6,835,493 |
| DIVIDENDS PAID | $6,080,880 |
| DEBIT AND CREDIT CARD E | $4,659,790 |
| CASH BACK REWARDS | $1,979,445 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,799,135 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,916,745 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,816,823 | BOYAmt |
| EOY | $23,955,870 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,028,470 | BOYAmt |
| EOY | $56,815,972 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $40,273 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,231,587,513 | BOYAmt |
| EOY | $1,330,230,274 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,427,005 | BOYAmt |
| EOY | $2,431,664 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $69,029,499 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,362,778 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,599,815 | BOYAmt |
| EOY | $48,666,721 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,601,692 | BOYAmt |
| EOY | $153,578,934 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,419,711 | BOYAmt |
| EOY | $39,934,482 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,787,985 | BOYAmt |
| EOY | $21,317,771 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,566,269,014 | BOYAmt |
| EOY | $1,676,971,961 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,522,882 | BOYAmt |
| EOY | $6,974,297 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,377,536,697 | BOYAmt |
| EOY | $1,475,221,104 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,384,059,579 | BOYAmt |
| EOY | $1,482,195,401 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,209,435 | BOYAmt |
| EOY | $194,776,560 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,209,435 | BOYAmt |
| EOY | $194,776,560 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,566,269,014 | BOYAmt |
| EOY | $1,676,971,961 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $13,797,026 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,195,213 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$34,689 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,096,561 | OtherCostOrOtherBasisAmt |
| Book Value | $8,096,561 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $43,186,068 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,387,787 | DepreciationAmt |
| Book Value | $28,798,281 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $454,282 | OtherCostOrOtherBasisAmt |
| Depreciation | $400,982 | DepreciationAmt |
| Book Value | $53,300 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,292,588 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,574,009 | DepreciationAmt |
| Book Value | $11,718,579 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $48,666,721 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| MEMBERS' SHARE AND SAVINGS ACCOUNTS | $1,461,054,220 |
| OUTSTANDING DRAFTS PAYABLE | $12,844,557 |
| OTHER LIABILITIES | $1,322,327 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,475,221,104 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| UNITED WAY RACINE COUNTY | |||||||
| 2000 DOMANIK DRIVE | RACINE | WI | 53404 | 390806349 | 501(C)(3) | $48,767 | GENERAL SUPPORT |
| KIDS FIRST FUND | |||||||
| PO BOX 044654 | RACINE | WI | 53406 | 510188377 | 501(C)(3) | $30,000 | GENERAL SUPPORT |
| UNITED WAY OF GREATER MILWAUKEE | |||||||
| BOX 88110 | MILWAUKEE | WI | 53288 | 390806190 | 501(C)(3) | $21,911 | GENERAL SUPPORT |
| ST MONICA'S SENIOR LIVING | |||||||
| 3920 NORTH GREEN BAY ROAD | RACINE | WI | 53404 | 391137868 | 501(C)(3) | $20,000 | GENERAL SUPPORT |
| WHEATON FRANCISCAN HEALTHCARE | |||||||
| 400 W RIVER WOODS PARKWAY | GLENDALE | WI | 53212 | 391568865 | 501(C)(3) | $20,000 | GENERAL SUPPORT |
| VISIONING A GREATER RACINERACINE INTERFAITH COALITION | |||||||
| 2302 DEKOVEN AVE A | RACINE | WI | 53403 | 391787803 | 501(C)(3) | $20,000 | GENERAL SUPPORT |
| HALO INC | |||||||
| 2000 DEKOVEN AVE | RACINE | WI | 53403 | 202041432 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| RIVER BEND NATURE CENTER | |||||||
| 3600 N GREEN BAY RD | RACINE | WI | 53404 | 455347146 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| RACINE FAMILY YMCA | |||||||
| 725 LAKE AVE | RACINE | WI | 53403 | 390807254 | 501(C)(3) | $6,240 | GENERAL SUPPORT |
| RACINE SYMPONY ORCHESTRA | |||||||
| 800 CENTER STREET SUITE 100 | RACINE | WI | 53403 | 396076878 | 501(C)(3) | $5,086 | GENERAL SUPPORT |
| RACINE COUNTY ECONOMIC DEVELOPMENT | |||||||
| 2320 RENAISSANCE BOULEVARD | STURTEVANT | WI | 53177 | 930846583 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| RACINE COMMUNITY FOUNDATION | |||||||
| 1135 WARWICK WAY SUITE 200 | RACINE | WI | 53406 | 510188377 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| RACINE BRANCH NAACP | |||||||
| 1633 RACINE STREET | RACINE | WI | 53403 | 391671996 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| HOMELESS ASSIST LEADERSHIP | |||||||
| 2000 DEKOVEN AVE | RACINE | WI | 53403 | 202041432 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| RACINE YMCA LEADER ACADEMY | |||||||
| 725 LAKE AVE | RACINE | WI | 53403 | 390807254 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| WISCONSIN HUMANE SOCIETY | |||||||
| 2706 CHICORY ROAD | RACINE | WI | 53403 | 390810533 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| MDA | |||||||
| 330 S EXECUTIVE DR SUITE 100A | BROOKFIELD | WI | 53005 | 131665552 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| JUNIOR ACHIEVEMENT | |||||||
| 1111 W LIBERTY DRIVE | MILWAUKEE | WI | 53224 | 841223492 | 501(C)(3) | $5,000 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 18 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | BRANCH MANAGERS HAVE THE ABILITY TO APPROVE GRANTS TO A CERTAIN AMOUNT, AFTER THAT AMOUNT, THE GRANTS WOULD HAVE TO BE APPROVED BY THEIR MANAGER. LARGER GRANTS ARE APPROVED BY SENIOR MANAGEMENT AND ARE CONSIDERED COMMUNITY BENEFIT CONTRIBUTIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EUGENE SZYMCZAK | ||||||||||||||
| CEO (THRU DECEMBER) | $451,039 | $0 | $25,793 | $0 | $123,062 | $0 | $32,625 | $0 | $7,132 | $0 | $639,651 | $0 | $0 | $0 |
| KURT JOHNSON | ||||||||||||||
| CFO | $184,676 | $0 | $10,508 | $0 | $206 | $0 | $2,623 | $0 | $45 | $0 | $198,058 | $0 | $0 | $0 |
| JAMES HENDERSON | ||||||||||||||
| CAO | $174,857 | $0 | $10,053 | $0 | $9,473 | $0 | $21,837 | $0 | $6,876 | $0 | $223,096 | $0 | $0 | $0 |
| LINDA HOOVER | ||||||||||||||
| COO/INTERIM CEO | $194,303 | $0 | $11,268 | $0 | $12,645 | $0 | $22,383 | $0 | $10,561 | $0 | $251,160 | $0 | $0 | $0 |
| MICHAEL MIKKELSON | ||||||||||||||
| CIO | $173,205 | $0 | $10,098 | $0 | $524 | $0 | $4,686 | $0 | $13,802 | $0 | $202,315 | $0 | $0 | $0 |
| PETER STEIN | ||||||||||||||
| SR VP-HUMAN RESOURCES | $151,704 | $0 | $9,039 | $0 | $6,706 | $0 | $19,822 | $0 | $18,133 | $0 | $205,404 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | EUGENE SZYMCZAK- $24,000 JAMES HENDERSON - $24,000 KURT JOHNSON - $8,450 MICHAEL MIKKELSON - $6,614 PETER STEIN - $4,000 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP UTILIZING THEIR ONE VOTE PER MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7B | A MERGER IN WHICH EDUCATORS CREDIT UNION WAS NOT THE SURVIVING CREDIT UNION. |
| FORM 990, PART VI, SECTION A, LINE 8B | MINUTES ARE NOT TAKEN FOR SUBCOMMITTEES OF THE BOARD, WITH THE EXCEPTION OF THE ALM COMMITTEE, TECHNOLOGY COMMITTEE AND THE AUDIT COMMITTEE. THE ACTIONS RECOMMENDED BY THE SUBCOMMITTEES ARE PRESENTED TO THE FULL BOARD FOR APPROVAL AND INCLUDED IN THEIR MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 11B | INFORMATION IS GATHERED BY THE ACCOUNTING MANAGER AND THE HUMAN RESOURCES MANAGER. THE FORM 990 IS REVIEWED BY THE CFO AND THE AUDIT MANAGER. A COPY OF THE 990 IS PROVIDED TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES ARE REQUIRED ANNUALLY TO SIGN THE OATH OF OFFICE AND REPORT ANY CONFLICTS OF INTEREST. THE ORGANIZATION ENCOURAGES EMPLOYEES TO DISCUSS POTENTIAL CONFLICTS WITH THEIR MANAGER, HUMAN RESOURCES, INTERNAL AUDIT, OR BY REPORTING TO OUR ANONYMOUS FRAUD LINE. ALL REPORTS ARE INVESTIGATED AND ADDRESSED AS NECESSARY. EMPLOYEE AND BOARD MEMBER ACCOUNTS ARE PERIODICALLY REVIEWED FOR ANY IRREGULARITIES THAT WOULD POINT TO A VIOLATION OF THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION OBTAINS ANNUAL SALARY DATA FROM A 3RD PARTY VENDOR. THE BUDGETING PROCESS AND BOARD APPROVE PERCENTAGE INCREASE FOR OVERALL SALARY INCREASES. ANNUAL INCREASES ARE GIVEN BASED ON SALARY RANGE, POSITION IN RANGE, PERFOMANCE, LENGTH OF EMPLOYMENT, TIME IN POSITION, AND THE BOARD APPROVED AVERAGE PERCENTAGE INCREASE. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUESTS. |
| FORM 990, PART XI, LINE 9: | MARKET ADJUSTMENT ON FORECLOSED ASSETS -34,689. |
| FORM 990, PART XII, LINE 2C: | THE BOARD IS IN CHARGE OF OVERSIGHT OF THE AUDIT PROCESS. THERE HAS BEEN NO CHANGE IN THE OVERSIGHT PROCESS FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|
| CENTER STREET REAL ESTATE LLC | ||||||||
| 1400 N NEWMAN ROAD | RACINE | WI | 53406 | REAL ESTATE | WI | $0 | $0 | N/A |
| IVANHOE PLACE REAL ESTATE LLC | ||||||||
| 1400 N NEWMAN ROAD | RACINE | WI | 53406 | REAL ESTATE | WI | $0 | $0 | N/A |
| HOWARD AVENUE REAL ESTATE LLC | ||||||||
| 1400 N NEWMAN ROAD | RACINE | WI | 53406 | REAL ESTATE | WI | $0 | $0 | N/A |
| MOUNT PLEASANT REAL ESTATE LLC | ||||||||
| 1400 N NEWMAN ROAD | RACINE | WI | 53406 | REAL ESTATE | WI | $0 | $0 | N/A |
| KITCHEN TABLE REAL ESTATE | ||||||||
| 1400 N NEWMAN ROAD | RACINE | WI | 53406 | REAL ESTATE | WI | $0 | $0 | N/A |
| WEST BEND REAL ESTATE | ||||||||
| 1400 N NEWMAN ROAD | RACINE | WI | 53406 | REAL ESTATE | WI | $0 | $0 | N/A |
| PLEASANT PRAIRIE LLC | ||||||||
| 1400 N NEWMAN ROAD | RACINE | WI | 53406 | REAL ESTATE | WI | $0 | $0 | N/A |