2025-04-21T10:49:48-05:00 2023-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-01-01 260819612 WISCONSIN CREDIT UNION FOUNDATION INC WISC 8002420833 1 E MAIN ST 101 MADISON WI 537035109 SARAH WAINSCOTT PRESIDENT & CEO 8002420833 2025-04-14 1 1 JENNY TARKOWSKI CPA P00634290 6082744020 2025-04-14 2023 2025-03-06 01:10:19Z X SARAH WAINSCOTT 1 E MAIN ST 101 MADISON WI 537035109 248690 0 X WWW.THELEAGUE.COOP/FOUNDATION X 2007 WI FOUNDATION RESOURCES PROMOTE CREDIT UNION DEVELOPMENT, HELP EDUCATE CREDIT UNION STAFF AND VOLUNTEERS, SUPPORT PROGRAMMING TO ENHANCE FINANCIAL LITERACY, AND SUPPORT THE CREDIT UNION SYSTEM IN TIMES OF NEED. 7 6 0 20 0 0 204172 187740 19691 19970 2608 8522 -16218 -5743 210253 210489 113928 149525 0 0 0 0 0 0 0 62954 64612 176882 214137 33371 -3648 828770 832444 39315 46637 789455 785807 X FOUNDATION RESOURCES PROMOTE CREDIT UNION DEVELOPMENT, HELP EDUCATE CREDIT UNION STAFF AND VOLUNTEERS, SUPPORT PROGRAMMING TO ENHANCE FINANCIAL LITERACY, AND SUPPORT THE CREDIT UNION SYSTEM IN TIMES OF NEED. 0 0 75000 75000 0 THE FOUNDATION AWARDED GRANTS TOTALING $75,000 TO 5 WISCONSIN CREDIT UNIONS IN NEED OF SUPPORT FOR TECHNOLOGY AND OPERATIONS RELATED EXPENSES AND UPGRADES THAT WILL MEASURABLY ASSIST THE CREDIT UNION IN SERVING ITS MEMBERS. 54569 0 19970 THE FOUNDATION INVESTED IN THE FINANCIAL COUNSELING CERTIFICATION PROGRAM (FICEP) THAT CREDENTIALED 23 INDIVIDUALS AS CREDIT UNION CERTIFIED FINANCIAL COUNSELORS (CCUFCS), BRINGING THE PROGRAM TOTAL TO OVER 275. IN ADDITION, MORE THAN 20 INDIVIDUALS COMPLETED THE RE-CERTIFICATION PROCESS. THE FOUNDATION ENGAGED WITH SYSTEM PARTNERS TO FACILITATE FICEP. THE PROGRAM USED THE CREDIT UNION NATIONAL ASSOCIATION'S CERTIFIED CREDIT UNION FINANCIAL COUNSELOR (CCUFC) TEXTBOOK, WHICH INVOLVES SELF-STUDY AND A SERIES OF WEBINARS, AND ENHANCED IT WITH ADDITIONAL PROGRAM CONTENT. THE ADDITIONAL CONTENT OFFERED INSIGHTS TO HELP PARTICIPANTS INTEGRATE COUNSELING ACROSS MULTIPLE TOUCH-POINTS WITH MEMBERS, THEREBY BROADENING THE SCOPE AND EFFECTIVENESS OF THEIR EFFORT. PARTICIPANTS HAD THE OPPORTUNITY TO NETWORK WITH OTHER CCUFC-CERTIFIED INDIVIDUALS TO DISCUSS EXPANDING COUNSELING PROGRAMS IN THEIR CREDIT UNIONS. THE FOUNDATION PROCTORS THE DESIGNATION EXAMINATION FOR STUDENTS WHO EARN THE CCUFC DESIGNATION FOLLOWING SUCCESSFUL COMPLETION. FUNDS FROM THE FOUNDATION CUT THE COST OF PARTICIPATION BY MORE THAN HALF. 40530 40530 0 THE FOUNDATION AWARDED $40,530 IN INCLUSION GRANTS TO CREDIT UNIONS TO SUPPORT CREDIT UNIONS IN THEIR MISSION TO REACH UNSERVED AND UNREPRESENTED COMMUNITIES IN WISCONSIN THAT STRUGGLE TO BE SERVED BY TRADITIONAL FINANCIAL SERVICES. 20000 20000 0 THE FOUNDATION AWARDED $20,000 IN THE DIFFERENCE GRANTS TO CREDIT UNIONS TO IMPLEMENT INNOVATIVE SERVICES AND PROGRAMS TO HELP BUILD FINANCIALLY STRONG, SELF-SUPPORTING FAMILIES AND COMMUNITIES IN WISCONSIN. 11495 11495 0 THE FOUNDATION PROVIDED OVER $11,000 IN SCHOLARSHIPS TO CREDIT UNION EMPLOYEES TO FURTHER THEIR PROFESSIONAL DEVELOPMENT IN ORDER TO BETTER SERVE THEIR MEMBERS. 2500 2500 0 THE FOUNDATION PROVIDED $2,500 TO THE NATIONAL CREDIT UNION FOUNDATION FOR DISASTER RELIEF ASSISTANCE. 33995 33995 0 204094 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 WI X BETH ELLIS 8002420833 1 E MAIN ST STE 101 MADISON WI 537035109 LISA PALMA CHAIR (FROM MAY 2023) 0.19 X X 0 0 0 LORA BENRUD VICE CHAIR 0.19 0.30 X X 0 0 0 CHRIS FELTON TREASURER 0.19 X X 0 0 0 SHELLY MELLENBERGER SECRETARY 0.19 X X 0 0 0 BRETT THOMPSON DIRECTOR 0.19 40.00 X X 0 635685 43704 KEVIN HAUSER CHAIR (THRU MAY 2023) 0.19 X X 0 0 0 BRANDON RIECHERS DIRECTOR 0.19 0.30 X 0 0 0 JAMI OLCOTT DIRECTOR 0.19 X 0 0 0 KIM SPONEM DIRECTOR (THRU MAY 2023) 0.19 X 0 0 0 0 635685 43704 0 0 1 0 0 56670 131070 187740 FINANCIAL LITERACY REG 900099 9600 9600 EXPLORING WHY WORKSHOP 900099 5370 5370 BITE OF REALITY 900099 5000 5000 19970 8522 8522 22400 56670 31385 -8985 -8985 10058 6816 3242 3242 210489 19970 0 2779 138030 138030 11495 11495 4250 4250 2627 2627 2364 2364 55241 52205 3036 130 130 214137 204094 10043 0 220293 217581 574855 579936 3092 5407 16097 8158 14433 21362 828770 832444 8947 11065 17018 35572 13350 0 39315 46637 X 789455 785807 789455 785807 828770 832444 -3648 0 X 0 1 X 1 0 X 108117 131601 171369 204172 187740 802999 10874 17470 19691 19970 68005 43020 28113 8297 50595 32458 162483 151137 170588 197136 274458 240168 1033487 0 0 0 1033487 4658 4337 2987 2608 8522 23112 4658 4337 2987 2608 8522 23112 155795 174925 200123 277066 248690 1056599 0.97810 0.97960 0.02190 0.02040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED GOLF OUTING 45870 29050 16820 7002 8550 5644 1220 FITNESS FUND 17580 12000 5580 1711 2686 792 1 15620 15620 2500 1280 79070 56670 22400 4211 9688 8550 5644 3292 31385 -8985 1 1 VERVE A CREDIT UNION PO BOX 3046 OSHKOSH WI 54903 390711674 501(C)(14) 10000 0 FOR FRAUD SQUAD, A PARTNERSHIP WITH LOCAL LAW ENFORCEMENT AND CREATIVE PARTNERS TO CURB THE EFFECTS FRAUD AND SCAMS HAVE IN COMMUNITIES CO-OP CREDIT UNION PO BOX 157 BLACK RIVER FALLS WI 54615 390745853 501(C)(14) 9713 0 TO IMPLEMENT PROGRAMS AND SERVICES FOR MULTI-CULTURAL MARKETS UTILIZING RESOURCES FROM COOPERA CONSULTING FORT COMMUNITY CREDIT UNION 800 MADISON AVE FORT ATKINSON WI 53538 390851648 501(C)(14) 11488 0 TO IMPLEMENT PROGRAMS AND SERVICES FOR MULTI-CULTURAL MARKETS UTILIZING RESOURCES FROM COOPERA CONSULTING PROSPERA CREDIT UNION 4830 N BALLARD RD APPLETON WI 54913 390744917 501(C)(14) 10415 0 TO IMPLEMENT PROGRAMS AND SERVICES FOR MULTI-CULTURAL MARKETS UTILIZING RESOURCES FROM COOPERA CONSULTING SOUTHERN LAKES CREDIT UNION 3000 80TH ST KENOSHA WI 53142 390900961 501(C)(14) 8914 0 TO IMPLEMENT PROGRAMS AND SERVICES FOR MULTI-CULTURAL MARKETS UTILIZING RESOURCES FROM COOPERA CONSULTING BADGER GLOBE CREDIT UNION 260 N GREEN BAY RD NEENAH WI 54956 390796087 501(C)(14) 15000 0 TO UPGRADE LENDING SOFTWARE COUNTY-CITY CREDIT UNION 106 E JOHN ST JEFFERSON WI 53549 396081470 501(C)(14) 15000 0 TO MODERNIZE DEBIT CARD PROGRAM ENTERPRISE CREDIT UNION 15850 W BLUEMOUND RD BROOKFIELD WI 53005 390652280 501(C)(14) 15000 0 TO TOKENIZE PLASTICS HOLY FAMILY MEMORIAL CREDIT UNION 2300 WESTERN AVE MANITOWOC WI 54221 391041954 501(C)(14) 15000 0 TO IMPLEMENT CANCER CARE AGENT PROGRAM NORTHWOODS COMMUNITY CREDIT UNION 1224 4TH AVE S PARK FALLS WI 54552 391020766 501(C)(14) 15000 0 TO IMPROVE IT SECURITY, NEW ATM AND REPLACE PARKING LOT SUPERIOR CHOICE CREDIT UNION PO BOX 127 SUPERIOR WI 54880 390906277 501(C)(14) 10000 0 FOR SUPERIOR STUDENTS, A FINANCIAL LITERACY PROGRAM FOR SCHOOLS IN THE SERVICE AREA 0 11 SCHOLARSHIPS 5 11495 PART I, LINE 2: THE GRANT RECIPIENT IS REQUIRED TO SUBMIT A WRITTEN REPORT TO THE FOUNDATION DETAILING HOW THE GRANT FUNDS WERE USED AND WHAT WAS ACCOMPLISHED. THE REPORT MUST INCLUDE A STATEMENT OF EXPENDITURES AND ANY UNEXPENDED CASH BALANCE IS TO BE RETURNED TO THE FOUNDATION. THE WRITTEN REPORTS ARE DUE WITHIN ONE YEAR OF THE GRANT BEING AWARDED. 0 1 0 0 0 0 0 0 0 BRETT THOMPSON DIRECTOR 0 527179 0 75702 0 32804 0 43704 0 0 0 679389 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 THE WISCONSIN CREDIT UNION LEAGUE, A WISCONSIN NONPROFIT CORPORATION, IS THE SOLE MEMBER OF THE FOUNDATION. THE LEAGUE HAS THE SOLE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. IT EXERCISES ITS MEMBERSHIP RIGHTS THROUGH ITS GOVERNING BODY, WHICH MAY BY RESOLUTION AUTHORIZE ONE OR MORE OF ITS OFFICERS OR ANY OTHER PERSON SO DESIGNATED IN THE RESOLUTION TO EXERCISE ITS VOTES ON ANY MEMBER MATTER. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S DIRECTORS ARE APPOINTED BY THE DIRECTORS OF WISCONSIN CREDIT UNION LEAGUE, WHO ARE ELECTED BY THE LEAGUE'S MEMBER CREDIT UNIONS. THE APPOINTED DIRECTORS SERVE A ONE-YEAR TERM AND CAN SERVE NO MORE THAN NINE CONSECUTIVE TERMS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE PRIOR AUTHORIZATION OR APPROVAL OF THE GOVERNING BODY OF WISCONSIN CREDIT UNION LEAGUE: A) MERGER, CONSOLIDATION OR DISSOLUTION OF THE FOUNDATION; B) AMENDMENT OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS OF THE FOUNDATION; C) SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, THE PROPERTY AND ASSETS OF THE FOUNDATION; D) ESTABLISHMENT, FORMATION, ACQUISITION, MERGER, CONSOLIDATION, OR DISSOLUTION OF ANY SUBSIDIARY CORPORATION OF THE FOUNDATION; E) ADOPTION OF THE ANNUAL OPERATING AND CAPITAL BUDGETS OF THE FOUNDATION; F) APPROVAL OF AGGREGATE BORROWINGS NOT PREVIOUSLY INCLUDED IN THE OPERATING AND/OR CAPITAL BUDGETS, INCLUDING BUT NOT LIMITED TO LEASE AGREEMENTS AND CONTRACTS FOR SALE; G) PURCHASE, SALE, LEASE, DISPOSITION, HYPOTHECATION, EXCHANGE, GIFT, PLEDGE, AND ENCUMBRANCE OF ANY ASSETS; H) APPOINTMENT OF ANY INDEPENDENT AUDITOR OR CORPORATE COUNSEL; I) AUTHORIZATIONS RELATED TO INDEMNIFICATION UNDER THE BYLAWS; J) ANY ACTION THAT WOULD AFFECT THE TAX-EXEMPT STATUS OF EITHER THE FOUNDATION OR LEAGUE; AND K) ACTION ON ANY MATTER THAT IS DETERMINED TO BE UNDER THE CONTROL OF THE LEAGUE UNDER THE ARTICLES OF INCORPORATION, THE BYLAWS, OR THE WISCONSIN STATUTES. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE WISCONSIN CREDIT UNION LEAGUE SVP-FINANCE & STRATEGIC PARTNERSHIPS. MANAGEMENT PROVIDES THE FORM TO THE MEMBERS OF THE GOVERNING BODY FOR REVIEW AT THE REGULAR MEETING OF THE GOVERNING BODY AFTER THE FORM 990 IS FILED WITH THE IRS. 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 C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AMENDED RETURN - CHANGES FROM ORIGINALLY-FILED FORM 990: AN AMENDED FORM 990 IS BEING FILED TO CORRECTLY REPORT THE CLASSIFICATION OF EXPENSES RELATED TO CONFERENCES, CONVENTIONS, AND MEETINGS ON PART IX LINE 19. ON THE ORIGINALLY FILED RETURN, THESE EXPENSES WERE INCORRECTLY CLASSIFIED AS EXPENSES RELATED TO THE PAYMENT OF TRAVEL/ENTERTAINMENT EXPENSES FOR FEDERAL, STATE, OR PUBLIC OFFICIALS ON PART IX LINE 18. WISCONSIN CREDIT UNION LEAGUE 1 E MAIN ST STE 101 MADISON WI 537035109 390712580 ASSOCIATION OF CREDIT UNIONS WI 501(C)(6) N/A 0 WCUL SERVICES CORP 1 E MAIN ST STE 101 MADISON WI 537035109 391127312 SERVICES TO WISCONSIN CREDIT UNIONS WI N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0