WESTCONSIN CREDIT UNION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- WESTCONSIN CREDIT UNION (EIN 39-0823125)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-08-04
- IRS object ID
- 201622179349300632
- Schema version
- 2015v2.1
- 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 | 2016-08-04T10:18:40-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | 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 | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390823125 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESTconsin Credit Union | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEST | BusinessNameControlTxt |
| Phone | 7152353403 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 Schneider AveNUE SE PO BOX 160 | AddressLine1Txt |
| City | Menomonie | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54751 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lora Benrud | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7152353403 | PhoneNum |
| Signature | 2016-08-04 | 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 | 2016-08-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Lora Benrud | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 Schneider AveNUE SE PO BOX 160 | AddressLine1Txt |
| City | Menomonie | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54751 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $72,047,192 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 2157 | GroupExemptionNum |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | westconsincu.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 442 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $3,330,270 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $47,451,708 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $50,577,637 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,934,460 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,902,533 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,585,056 | PYOtherRevenueAmt |
| CY Other Revenue | $5,931,482 | CYOtherRevenueAmt |
| PY Total Revenue | $55,971,224 | PYTotalRevenueAmt |
| CY Total Revenue | $62,411,652 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $93,375 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $104,058 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,342,602 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,232,243 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,557,137 | PYOtherExpensesAmt |
| CY Other Expenses | $24,889,849 | CYOtherExpensesAmt |
| PY Total Expenses | $46,993,114 | PYTotalExpensesAmt |
| CY Total Expenses | $48,226,150 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,978,110 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $14,185,502 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $920,440,384 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,010,727,937 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $820,231,196 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $893,607,147 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $100,209,188 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $117,120,790 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Provided low-cost financial services to 83,825 members. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Served members' interests by accepting deposits, granting loans, and investing excess funds in a prudent manner. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Provided over 17,000 loans for over $387 million to members. | 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 | 0 | 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 | 31500 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 442 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | 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 | Yes (1) | 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 | LORA BENRUD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7152353403 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 SCHNEIDER AVENUE | AddressLine1Txt |
| City | MENOMONIE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54751 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DALE DAHLKE | |||||||
| Board Member | 5.00 | Yes (X) | $6,000 | $0 | $0 | ||
| Todd Leipnitz | |||||||
| Board Member | 5.00 | Yes (X) | $6,000 | $0 | $0 | ||
| Colleen Mensing | |||||||
| Board Member | 5.00 | Yes (X) | $6,000 | $0 | $0 | ||
| DavE MAVES | |||||||
| Chairperson | 5.00 | Yes (X) | $6,000 | $0 | $0 | Yes (X) | |
| Gerald WOLF | |||||||
| VicE-CHAIRPERSON | 5.00 | Yes (X) | $6,000 | $0 | $0 | Yes (X) | |
| Lynn Brantner | |||||||
| SecRETARY | 5.00 | Yes (X) | $6,000 | $0 | $0 | Yes (X) | |
| Rita LuNDERVILLE | |||||||
| TreASURER | 5.00 | Yes (X) | $6,000 | $0 | $0 | Yes (X) | |
| LorA BENRUD | |||||||
| CEO | 40.00 | $309,055 | $0 | $65,438 | Yes (X) | ||
| Jerilyn Kinderman | |||||||
| CFO | 40.00 | $177,982 | $0 | $17,101 | Yes (X) | ||
| Jim Wookey | |||||||
| COO | 40.00 | $152,376 | $0 | $44,493 | Yes (X) | ||
| Mark Willer | |||||||
| CLO | 40.00 | $172,848 | $0 | $38,351 | Yes (X) | ||
| Gerald Fahl II | |||||||
| CMO | 40.00 | $173,577 | $0 | $36,792 | Yes (X) | ||
| Nicole Yarrington | |||||||
| CTO | 40.00 | $119,160 | $0 | $19,783 | Yes (X) | ||
| Michael Tomasek | |||||||
| CIO | 40.00 | $129,931 | $0 | $32,610 | Yes (X) | ||
| LiSA ZIEBARTH | |||||||
| Mortgage Loan Originator | 40.00 | $195,557 | $0 | $58,082 | Yes (X) | ||
| Scott Prindle | |||||||
| Mortgage Loan Originator | 40.00 | $121,665 | $0 | $47,951 | Yes (X) | ||
| Timothy Carlson | |||||||
| VP - WESTconsin Investment | 40.00 | $144,946 | $0 | $22,408 | Yes (X) | ||
| Mark Falteisek | |||||||
| Senior Business Loan | 40.00 | $112,225 | $0 | $38,019 | Yes (X) | ||
| Mary Howard | |||||||
| VP-Information Technology | 40.00 | $112,164 | $0 | $25,891 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,963,486 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $446,919 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 19 | 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 |
|---|---|---|---|---|---|
| PSCU | |||||
| 560 Carillon Parkway | St Petersburg | FL | 33716 | Debit & Credit Card | $3,374,544 |
| Fiserv Solutions of USA Inc | |||||
| 75 Remittance Drive Ste 6944 | Chicago | IL | 60061 | IT Solutions | $1,212,687 |
| CDW Direct | |||||
| PO Box 75723 | Chicago | IL | 60675 | Hardware, Software, IT Services | $774,032 |
| Digital Insight | |||||
| PO Box 515306 | Los Angeles | CA | 90051 | Mobile and Online Banking | $771,106 |
| Diamond Marketing Solutions | |||||
| 1318 Momentum Place | Chicago | IL | 60689 | Statement and Postage Processing | $504,684 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| LOAN INTEREST INCOME | 522100 | $35,033,527 | $35,033,527 | |
| FEE INCOME | 522100 | $14,086,705 | $14,062,630 | $24,075 |
| MORTGAGE SERVICING INCOME | 900099 | $875,477 | $875,477 | |
| MEMBER FINANCIAL INCOME | 525990 | $581,928 | $581,928 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $50,577,637 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,920,785 | TotalRevenueColumnAmt |
| Exclusion | $1,920,785 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $91,133 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $91,133 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $91,133 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $91,133 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,569,865 | SecuritiesAmt |
| Other | $4,047,423 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,516,662 | SecuritiesAmt |
| Other | $118,878 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $53,203 | SecuritiesAmt |
| Other | $3,928,545 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,981,748 | TotalRevenueColumnAmt |
| Exclusion | $3,981,748 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Provision for Loan Losses | 531390 | $2,534,154 | $2,534,154 | |
| REALTY COMMISSION INCOME | 531390 | $2,432,917 | $2,432,917 | |
| Title Service Income | 531390 | $873,278 | $873,278 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,840,349 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,411,652 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $53,178,849 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $3,330,270 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,902,533 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,058 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,531,495 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,221,609 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,659,765 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,444,747 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,374,627 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,807 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,332 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,222,351 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,552,212 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,896,702 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,338,465 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,238,635 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $412,420 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,386,393 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,800 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| DIVIDENDS ON MEMBER ACC | $4,773,516 |
| LOAN SERVICING EXPENSE | $4,402,888 |
| Annual Assessment and S | $108,562 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,766 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,226,150 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,270,452 | BOYAmt |
| EOY | $5,543,738 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,912,625 | BOYAmt |
| EOY | $186,611,928 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $735,153,084 | BOYAmt |
| EOY | $776,737,625 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $590,857 | BOYAmt |
| EOY | $719,297 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $35,461,311 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,178,161 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,724,948 | BOYAmt |
| EOY | $20,283,150 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,007,551 | BOYAmt |
| EOY | $1,456,428 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,780,867 | BOYAmt |
| EOY | $19,375,771 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $920,440,384 | BOYAmt |
| EOY | $1,010,727,937 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,823,972 | BOYAmt |
| EOY | $8,062,507 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $813,407,224 | BOYAmt |
| EOY | $885,544,640 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $820,231,196 | BOYAmt |
| EOY | $893,607,147 | 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 | $100,209,188 | BOYAmt |
| EOY | $117,120,790 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,209,188 | BOYAmt |
| EOY | $117,120,790 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $920,440,384 | BOYAmt |
| EOY | $1,010,727,937 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $14,185,502 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$392,484 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $3,118,584 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,631,588 | OtherCostOrOtherBasisAmt |
| Book Value | $4,631,588 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,101,933 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,139,485 | DepreciationAmt |
| Book Value | $11,962,448 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,727,790 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,038,676 | DepreciationAmt |
| Book Value | $3,689,114 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $20,283,150 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS | Desc |
| Amt | $885,544,640 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $885,544,640 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| United Way of St Croix Valley | |||||||
| 516 Second Street Suite 214b | Hudson | WI | 54016 | 391372545 | 501(c)(3) | $16,184 | General Donation/Assistance |
| United Way of Dunn County | |||||||
| PO Box 3266 | Menomonie | WI | 54751 | 396099810 | 501(c)(3) | $10,228 | General Donation/Assistance |
| American Cancer Society Inc | |||||||
| 250 Williams Street NW Suite 400 | Atlanta | GA | 30303 | 131788491 | 501(c)(3) | $11,500 | General Donation/Assistance |
| University of River Falls Wisconsin Foundation | |||||||
| 410 South Third Street | River Falls | WI | 54022 | 396064630 | 501(c)(3) | $8,500 | General Donation/Assistance |
| Community Foundation of Dunn County Inc | |||||||
| 500 Main Street E Suite 322 | Menomonie | WI | 54751 | 391819945 | 501(c)(3) | $8,333 | General Donation/Assistance |
| Mayo Clinic Health System - Red Cedar Inc | |||||||
| 2321 Stout Road | Menomonie | WI | 54751 | 510190875 | 501(c)(3) | $6,000 | General Donation/Assistance |
| City of New Richmond | |||||||
| 156 East First Street | New Richmond | WI | 54017 | 396005554 | City | $5,000 | General Donation/Assistance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | 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 | The organization keeps track of the organizations that receive donations. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LorA BENRUD | ||||||||||||||
| CEO | $269,362 | $0 | $34,816 | $0 | $4,877 | $0 | $38,751 | $0 | $26,687 | $0 | $374,493 | $0 | $0 | $0 |
| Jerilyn Kinderman | ||||||||||||||
| CFO | $161,674 | $0 | $16,038 | $0 | $270 | $0 | $16,167 | $0 | $934 | $0 | $195,083 | $0 | $0 | $0 |
| Jim Wookey | ||||||||||||||
| COO | $137,183 | $0 | $14,541 | $0 | $652 | $0 | $21,475 | $0 | $23,018 | $0 | $196,869 | $0 | $0 | $0 |
| Mark Willer | ||||||||||||||
| CLO | $160,717 | $0 | $10,841 | $0 | $1,290 | $0 | $16,000 | $0 | $22,351 | $0 | $211,199 | $0 | $0 | $0 |
| Gerald Fahl II | ||||||||||||||
| CMO | $156,653 | $0 | $16,234 | $0 | $690 | $0 | $23,858 | $0 | $12,934 | $0 | $210,369 | $0 | $0 | $0 |
| Michael Tomasek | ||||||||||||||
| CIO | $117,560 | $0 | $12,163 | $0 | $208 | $0 | $12,128 | $0 | $20,482 | $0 | $162,541 | $0 | $0 | $0 |
| LiSA ZIEBARTH | ||||||||||||||
| Mortgage Loan Originator | $192,549 | $0 | $2,580 | $0 | $428 | $0 | $30,328 | $0 | $27,754 | $0 | $253,639 | $0 | $0 | $0 |
| Scott Prindle | ||||||||||||||
| Mortgage Loan Originator | $119,116 | $0 | $2,310 | $0 | $239 | $0 | $19,278 | $0 | $28,673 | $0 | $169,616 | $0 | $0 | $0 |
| Timothy Carlson | ||||||||||||||
| VP - WESTconsin Investment | $143,506 | $0 | $330 | $0 | $1,110 | $0 | $21,526 | $0 | $882 | $0 | $167,354 | $0 | $0 | $0 |
| Mark Falteisek | ||||||||||||||
| Senior Business Loan | $100,524 | $0 | $10,866 | $0 | $835 | $0 | $15,879 | $0 | $22,140 | $0 | $150,244 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 11 | The VP of Accounting 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 is reviewed annually by the governing body and the policy is reviewed annually by employees. The governing body verifies employees are in compliance with conflict of interest policy. |
| 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 XI, line 9: | change in Other Comprehensive Income -212,402. Equity Acquired in Merger 3,330,986. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| WESTCONSIN REALTY LLC | |||||||||
| 3333 Schneider AveNUE SE PO BOX 160 | MENOMONIE | WI | 54751 | 200157525 | REAL ESTATE BROKERAGE SERVICES | WI | $2,436,340 | $1,041,756 | WESTCONSIN CREDIT UNION |
| WESTConsin Title Services LLC | |||||||||
| 3333 Schneider AveNUE SE PO BOX 160 | meNOMONIE | WI | 54751 | 455377540 | General Title Services | WI | $873,487 | $527,790 | WeSTCONSIN CREDIT UNION |