2024-04-23T16:39:00-05:00 2023-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-01-01 390712580 WISCONSIN CREDIT UNION LEAGUE WISC 8002420833 1 E MAIN STREET 101 MADISON WI 537035109 BETH ELLIS SVP FINANCE/STRATEGIC PARTNERS 8002420833 2024-04-08 1 BETH ELLIS 999009999 1 JENNY TARKOWSKI CPA P00634290 6082744020 2024-04-08 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z BRETT THOMPSON 1 E MAIN STREET 101 MADISON WI 537035109 4457263 0 X WWW.THELEAGUE.COOP X 1939 WI TO FOSTER THE GROWTH OF THE CREDIT UNION MOVEMENT AND TO PROMOTE COOPERATION IN ALL MATTERS OF COMMON CONCERN BY AND BETWEEN CREDIT UNIONS LOCATED IN WISCONSIN. 8 8 24 65 42000 20063 252000 0 3822673 3916140 56947 164680 42066 42180 4173686 4123000 95396 96028 0 0 2265954 2349434 0 0 0 1459932 1513408 3821282 3958870 352404 164130 11044578 11516929 4150539 4236970 6894039 7279959 THE CORE PURPOSE OF THE LEAGUE IS TO PROVIDE INNOVATIVE IDEAS AND SOLUTIONS FOR CREDIT UNIONS AND PROMOTE AND PROTECT THE IDEALS OF MEMBER OWNERSHIP, VOLUNTEERISM, AND UNITY. 0 0 THE LEAGUE ASSISTED WITH OVER 1,300 COMPLIANCE QUESTIONS AND SENT OVER 45 NEWSLETTERS TO HELP COMPLIANCE PROS REMAIN ALERT AND ON TASK. THE LEAGUE MAINTAINED THOUSANDS OF PAGES OF COMPLIANCE RESOURCE WEBPAGES TO OFFER CURRENT AND COMPREHENSIVE GUIDANCE AND RESOURCES. THERE WERE REGULAR UPDATES OF THE LEAGUE'S 156 II RELEASES TO KEEP UP WITH STATE AND FEDERAL REGULATORY CHANGES IMPACTING CREDIT UNIONS. THE LEAGUE OFFERED FREE ACCESS TO POLICYAID, AN ONLINE LIBRARY OF MORE THAN 100 OPERATIONAL POLICIES. MORE THAN 20 CREDIT UNIONS RECEIVED ASSISTANCE WITH HUMAN RESOURCES QUESTIONS THROUGH THE NEW HR LEGAL LINE. THE LEAGUE PROVIDED CONSULTATION ON PREPARATION FOR EXAMS, MANAGING RISK, REDUCING COSTS, GROWING INCOME, BUDGETING, AND MORE. THE LEAGUE OFFERED NEARLY 500 TRAINING EVENTS TO MORE THAN 2,400 PARTICIPANTS, HELD BOTH IN-PERSON AND VIRTUALLY. THE LEAGUE CONTINUED TO BUILD AN ON-DEMAND LIBRARY OF TRAINING OPTIONS TO ALLOW PARTICIPANTS TO LEARN AT ANYTIME BY GOING ONLINE. THE LEAGUE FACILITATED ROUNDTABLE DISCUSSIONS FOR CREDIT UNIONS FOR NETWORKING AND IDEA SHARING. THE LEAGUE CONTINUED TO FOCUS ON THE YOUNG PROFESSIONALS NETWORK, A FREE CAREER DEVELOPMENT AND LEADERSHIP TRAINING PROGRAM OPEN TO CREDIT UNION STAFF AND DIRECTORS AGE 35 AND YOUNGER. 86% OF ALL WISCONSIN CREDIT UNIONS PARTICIPATED IN LEAGUE TRAINING EVENTS. THE LEAGUE SPONSORED TWO MAJOR GOVERNMENT AFFAIRS CONFERENCES AND OTHER TRAINING EVENTS. THE LEAGUE EXPANDED ACCESS TO GOVERNMENT AFFAIRS CONFERENCES AND EVENTS THROUGH SCHOLARSHIPS. THE LEAGUE FURTHER DEVELOPED GRASSROOTS STRENGTH TO OVER 1,000 MEMBERS, AND MADE OVER 3,000 CONTACTS TO STATE AND FEDERAL LAWMAKERS ON POLICY PRIORITIES IMPACTING CREDIT UNIONS. THE LEAGUE DEFENDED AND PROMOTED CREDIT UNIONS AND THE CREDIT UNION DIFFERENCE. 0 0 1 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 33 0 24 1 1 1 0 0 0 1 1 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 X BETH ELLIS 6086404020 1 E MAIN STREET STE 101 MADISON WI 537035109 X BRANDON RIECHERS CHAIR 0.30 0.19 X X 0 0 0 CHRIS MOCZYNSKI VICE CHAIR (FROM MAY 2023) 0.30 X X 0 0 0 KIM ROONEY SECRETARY 0.30 X X 0 0 0 SHEILA SCHNIKE TREASURER (FROM MAY 2023) 0.30 X X 0 0 0 LORA BENRUD VICE CHAIR (THRU MAY 2023) 0.30 0.19 X X 0 0 0 TRACIE WILLS DIRECTOR 0.30 X 0 0 0 BETH KRAHN DIRECTOR 0.30 X 0 0 0 VAL MINDAK DIRECTOR 0.30 X 0 0 0 SUE JOHNSON DIRECTOR 0.30 X 0 0 0 BRETT THOMPSON PRESIDENT & CEO 26.00 14.00 X 635685 0 43704 JOHN ENGEL DIRECTOR OF LEGAL AFFAIRS 32.00 8.00 X 145855 0 19061 PAUL GUTTORMSSON SVP & GENERAL COUNSEL 32.00 8.00 X 169625 0 32640 BETH ELLIS SVP FINANCE & STRATEGIC PARTNERSHIPS 24.00 16.00 X 168224 0 21939 SARAH WAINSCOTT SVP OF ADVOCACY 40.00 0.00 X 156131 0 11909 JOSHUA ROBERTS VP OF SYSTEM COLLABORATION & DEVELOPMENT 40.00 X 112302 0 8554 1387822 0 137807 8 0 1 0 0 MEMBERSHIP DUES 900099 2985880 2985880 CONVENTION REVENUE 900099 473865 473865 EDUCATION AND TRAINING 611430 380027 380027 CONSULTATION SERVICES 900099 28800 28800 COMMITTEES 900099 28500 28500 19068 19068 3916140 214159 214159 180 0 180 180 180 284784 334263 -49479 -49479 -49479 ADVERTISING REVENUE 541800 42000 42000 42000 4123000 3916140 42000 164860 96028 441602 1459545 142716 170863 134708 7063 12740 51000 36014 174159 25787 166784 271101 21121 366426 29455 24318 EDUCATION AND TRAINING 231330 MEMBERSHIPS AND SUBSCRI 86516 INCOME TAX 9594 3958870 773468 945062 2421019 2638616 70138 32351 250702 270442 946362 836429 144152 109933 4357203 4763818 90483 38394 251656 251656 2685757 2466657 11044578 11516929 591561 602073 563942 764500 2995036 2870397 4150539 4236970 X 5817884 6203804 1076155 1076155 6894039 7279959 11044578 11516929 164130 221790 0 X 0 1 X 1 0 87409 0 87409 87409 0 CUNA POLITICAL ACTIVITIES FUND 610 PENNSYLVANIA AVE NW WASHINGTON DC 200034304 237065623 87409 0 0 0 2985880 138409 138409 567317 -428908 PART I-A, LINE 1: CONTRIBUTIONS TO THE NATIONAL ADVOCACY FUND THAT POOLS RESOURCES FROM ACROSS THE CREDIT UNION SYSTEM FOR USE IN DIRECT ELECTORAL ADVOCACY OF PRO-CREDIT UNION CANDIDATES FOR FEDERAL OFFICE AS WELL AS ADVOCACY IN SUPPORT OF CREDIT UNION ISSUES IN LEGISLATIVE AND REGULATORY AREAS. 143208 110919 32289 803154 725510 77644 109933 SECURITY DEPOSIT 490 INVESTMENT IN W.C.U.L. SERVICES CORP 124500 DUE FROM W.C.U.L. SERVICE CORP 251754 OPERATING LEASE RIGHT-OF-USE ASSETS 2089913 2466657 DEFERRED COMPENSATION OBLIGATION 759122 DUE TO WISCONSIN CREDIT UNION LEAGUE FOUNDATION, INC. 21362 OPERATING LEASE LIABILITIES 2089913 2870397 1 CUNA POLITICAL ACTIVITIES FUND 610 PENNSYLVANIA AVE NW WASHINGTON DC 20003 237065623 501(C)(6) 87409 0 POLITICAL EXPENDITURES NATIONAL CREDIT UNION FOUNDATION 5710 MINERAL POINT ROAD MADISON WI 53705 391383650 501(C)(3) 7500 0 GENERAL SUPPORT 1 1 PART I, LINE 2: THE ORGANIZATION GIVES CHARITABLE CONTRIBUTIONS TO QUALIFIED ORGANIZATIONS. THESE CONTRIBUTIONS ARE FOR GENERAL PURPOSES AND ARE APPROVED IN THE BUDGET AND AT THE MEETINGS OF THE GOVERNING BODY. X X X X 0 1 0 BRETT THOMPSON PRESIDENT & CEO 527179 0 75702 0 32804 0 43704 0 0 0 679389 0 0 0 PAUL GUTTORMSSON SVP & GENERAL COUNSEL 151155 0 17180 0 1290 0 12501 0 20139 0 202265 0 0 0 BETH ELLIS SVP FINANCE & STRATEGIC PARTNERSHIPS 150854 0 17100 0 270 0 12399 0 9540 0 190163 0 0 0 SARAH WAINSCOTT SVP OF ADVOCACY 140000 0 15900 0 231 0 10913 0 996 0 168040 0 0 0 JOHN ENGEL DIRECTOR OF LEGAL AFFAIRS 129415 0 15000 0 1440 0 10114 0 8947 0 164916 0 0 0 PART I, LINE 4B WISCONSIN CREDIT UNION LEAGUE HAS ESTABLISHED A DEFERRED COMPENSATION PLAN FOR THE PRESIDENT & CEO, BRETT THOMPSON, WHICH PROVIDES PAYMENT IN ACCORDANCE WITH THE PROVISIONS OF IRC SECTION 457(F). DURING 2023, WISCONSIN CREDIT UNION LEAGUE CONTRIBUTED $63,638 TO THE 457(F) PLAN. FORM 990, PART VI, SECTION A, LINE 6 ANY CREDIT UNION ORGANIZED UNDER STATE OR FEDERAL LAW AND WITH AN OFFICE IN THE STATE OF WISCONSIN IS ELIGIBLE FOR MEMBERSHIP IN THE LEAGUE. ONLY MEMBERS HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE STATE IS DIVIDED INTO NOT LESS THAN FIVE GEOGRAPHIC REGIONS AND NOT LESS THAN FOUR GROUPS BASED ON THE ASSET SIZE OF MEMBERS (REFERRED TO AS GROUPS). THE GOVERNING BODY MAY FROM TIME TO TIME, WITH APPROVAL OF THE MEMBERSHIP, REESTABLISH THE NUMBER OF REGIONS AND THE BOUNDARIES FOR THOSE REGIONS AS WELL AS THE NUMBER OF ASSET BREAKDOWN OF THE GROUPS. THE REGIONS AND GROUPS ARE ESTABLISHED TO FAIRLY REPRESENT THE MEMBERSHIP OF THE LEAGUE AFTER TAKING INTO CONSIDERATION THE NUMBER OF MEMBERS, THE COMBINED ASSETS OF THE MEMBERS, AND THE NUMBER OF CREDIT UNION MEMBERS IN EACH REGION AND EACH GROUP. EACH REGION AND EACH GROUP ELECTS ONE DIRECTOR IN ACCORDANCE WITH THE PROVISIONS SET FORTH IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B THE ULTIMATE POWERS IN THE ADMINISTRATION OF THE LEAGUE ARE VESTED IN THE MEMBERS AT ANNUAL OR SPECIAL MEETINGS. THE MEMBERS ARE EMPOWERED TO ENACT AND AMEND THE BYLAWS, ESTABLISH DUES FOR MEMBERS, ESTABLISH THE DISTRICT BOUNDARIES AND FIX THE NUMBER OF DISTRICTS, AND TRANSACT ANY BUSINESS DULY BROUGHT BEFORE THEM. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE SENIOR VICE PRESIDENT OF FINANCE & STRATEGIC PARTNERSHIPS AND PROVIDED TO THE MEMBERS OF THE GOVERNING BODY FOR REVIEW AT ITS NEXT MEETING OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE EXECUTIVE COMMITTEE OF THE GOVERNING BODY MEETS TO REVIEW THE COMPENSATION OF THE PRESIDENT & CEO. COMPENSATION SURVEYS ARE PROVIDED BY THE AMERICAN ASSOCIATION OF CREDIT UNION LEAGUES AND THE DELIBERATIONS AND DECISIONS ON THE PRESIDENT & CEO'S COMPENSATION ARE DOCUMENTED IN THE MINUTES OF THE MEETINGS OF THE GOVERNING BODY. DETERMINATION OF COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED USING EXTERNAL DATA (PROVIDED THROUGH COMPEASE) THROUGH A REVIEW OF THE INDIVIDUAL'S RESPONSIBILITIES, AS WELL AS A REVIEW OF OTHER CREDIT UNION SALARY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE LEAGUE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B): BRETT THOMPSON'S COMPENSATION IS ALLOCATED 35% TO W.C.U.L. SERVICES CORP., A RELATED ORGANIZATION. JOHN ENGEL'S COMPENSATION IS ALLOCATED 20% TO W.C.U.L. SERVICES CORP. PAUL GUTTORMSSON'S COMPENSATION IS ALLOCATED 20% TO W.C.U.L. SERVICES CORP. BETH ELLIS'S COMPENSATION IS ALLOCATED 40% TO W.C.U.L. SERVICES CORP. WISCONSIN CREDIT UNION FOUNDATION INC 1 E MAIN ST STE 101 MADISON WI 537035109 260819612 SUPPORTING FINANCIAL EDUCATION AND WISCONSIN CREDIT UNION DEVELOPMENT WI 501(C)(3) LINE 10 WISCONSIN CREDIT UNION LEAGUE 1 WCUL SERVICES CORP 1 E MAIN ST STE 101 MADISON WI 537035109 391127312 SERVICES TO WISCONSIN CREDIT UNIONS WI WISCONSIN CREDIT UNION LEAGUE C 1849008 3413259 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 WCUL SERVICES CORP O 304859 ALLOCATION WCUL SERVICES CORP Q 126473 ALLOCATION