2025-04-22T15:23:31-05:00 2024-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2024-01-01 260819612 WISCONSIN CREDIT UNION FOUNDATION INC WISC 6086404040 1 E MAIN ST 101 MADISON WI 53703 SARAH WAINSCOTT PRESIDENT & CEO 6086404040 2025-04-22 1 1 JENNY TARKOWSKI CPA P00634290 6082744020 2025-04-22 2024 2025-03-06 01:10:19Z SARAH WAINSCOTT 1 E MAIN ST 101 MADISON WI 53703 371247 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 187740 268802 19970 28434 8522 20560 -5743 -18428 210489 299368 149525 177110 0 0 0 0 0 0 0 64612 68487 214137 245597 -3648 53771 832444 875926 46637 36348 785807 839578 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 80000 80000 0 THE FOUNDATION AWARDED GRANTS TOTALING $80,000 TO 12 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. 60704 0 28434 THE FOUNDATION INVESTED IN THE FINANCIAL COUNSELING CERTIFICATION PROGRAM (FICEP) THAT CREDENTIALED 21 INDIVIDUALS AS CREDIT UNION CERTIFIED FINANCIAL COUNSELORS (CCUFCS), BRINGING THE PROGRAM TOTAL TO NEARLY 300. 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. 49260 49260 0 THE FOUNDATION AWARDED THE DIFFERENCE GRANTS TO 6 CREDIT UNIONS IN THE AMOUNT OF $49,260 TO IMPLEMENT INNOVATIVE SERVICES AND PROGRAMS TO HELP BUILD FINANCIALLY STRONG, SELF-SUPPORTING FAMILIES AND COMMUNITIES IN WISCONSIN. 22500 22500 0 THE FOUNDATION PROVIDED $22,500 IN SCHOLARSHIPS TO CREDIT UNION EMPLOYEES TO FURTHER THEIR PROFESSIONAL DEVELOPMENT IN ORDER TO BETTER SERVE THEIR MEMBERS. 13200 13200 0 THE FOUNDATION PROVIDED $13,200 TO THE NATIONAL CREDIT UNION FOUNDATION FOR DISASTER RELIEF ASSISTANCE. 12150 12150 0 THE FOUNDATION AWARDED $12,150 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. 47850 47850 0 237814 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 6086404040 1 E MAIN ST STE 101 MADISON WI 53703 LISA PALMA CHAIR 0.19 X X 0 0 0 CHRIS FELTON TREASURER 0.19 X X 0 0 0 SHELLY MELLENBERGER VICE CHAIR 0.19 X X 0 0 0 JAMI OLCOTT SECRETARY (FROM MAY 2024) 0.19 X X 0 0 0 BRETT THOMPSON DIRECTOR 0.19 40.00 X 0 662164 44784 CHRIS MOCZYNSKI DIRECTOR 0.19 0.30 X 0 0 0 BRANDON RIECHERS DIRECTOR 0.19 0.30 X 0 0 0 LORA BENRUD VICE CHAIR (THRU MAY 2024) 0.19 0.30 X X 0 0 0 0 662164 44784 0 0 1 0 0 107270 161532 268802 FINANCIAL LITERACY REGISTRATIONS 900099 14241 14241 EXPLORING WHY WORKSHOP 900099 6937 6937 BITE OF REALITY 900099 5247 5247 FINANCIAL EDUCATION & COMMUNITY D 900099 2009 2009 28434 20560 20560 42031 107270 65317 -23286 -23286 11420 6562 4858 4858 299368 28434 0 2132 154610 154610 22500 22500 4775 4775 2540 2540 2827 2827 58215 57877 338 130 130 245597 237814 7783 0 217581 151621 579936 689313 5407 19587 8158 8869 21362 6536 832444 875926 11065 26145 35572 10203 46637 36348 X 785807 839578 785807 839578 832444 875926 53771 0 X 0 1 X 1 0 X 131601 171369 204172 187740 268802 963684 10874 17470 19691 19970 28434 96439 28113 8297 50595 32458 53451 172914 170588 197136 274458 240168 350687 1233037 0 0 0 1233037 4337 2987 2608 8522 20560 39014 4337 2987 2608 8522 20560 39014 174925 200123 277066 248690 371247 1272051 0.96930 0.97810 0.03070 0.02190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED GOLF OUTING 46400 31700 14700 4625 4098 9529 2419 CU DAY AT THE BALLPARK 38599 15795 22804 5845 20439 872 3 64302 59775 4527 4061 11800 1629 149301 107270 42031 4061 16425 9943 29968 4920 65317 -23286 1 GUARDIAN CREDIT UNION 7801 S HOWELL AVENUE OAK CREEK WI 53154 390334442 501(C)(14) 12150 0 TO INCREASE OUTREACH TO UNDERSERVED COMMUNITIES WITHIN FIELD OF MEMBERSHIP. CO-OP CREDIT UNION 100 E MAIN ST BLACK RIVER FALLS WI 54615 390745853 501(C)(14) 6000 0 FOR 'BUILDING FINANCIAL STRENGTH' PROGRAM. FORT COMMUNITY CREDIT UNION 800 MADISON AVE FORT ATKINSON WI 53538 390851648 501(C)(14) 10000 0 TO SUPPORT MOBILE FINANCIAL EMPOWERMENT PROGRAM. EVERGREEN CREDIT UNION 1500 W AMERICAN DRIVE NEENAH WI 54956 390957477 501(C)(14) 5091 0 TO SUPPORT PHYSICAL AND DIGITAL MARKETING. FOCUS CREDIT UNION N88W14930 MAIN ST MENOMONEE FALLS WI 53051 391094338 501(C)(14) 20100 0 TO BRING FINANCIAL EDUCATION TO MEMBERS ON THE MARGIN AND TO FUND AN ADA RAMP CONVERSION. BADGER GLOBE CREDIT UNION 260 N GREEN BAY RD NEENAH WI 54956 390796087 501(C)(14) 10100 0 TO PURCHASE COMPUTER/ANCILLARY DEVICES TO REPLACE AGING HARDWARE AND SUPPORT CORE CONVERSION. LAKEWOOD CREDIT UNION PO BOX 224 RIB LAKE WI 54470 391016089 501(C)(14) 8890 0 TO FUND TECHNOLOGY UPGRADES. PUBLIC SERVICE CREDIT UNION PO BOX 1854 WAUSAU WI 54402 390551185 501(C)(14) 8385 0 TO IMPLEMENT SHARE DRAFT ACCOUNTS AND DEBIT CARDS. SERVICE CREDIT UNION 2850 S ASHLAND AVE GREEN BAY WI 53404 390607767 501(C)(14) 9700 0 TO IMPLEMENT DIGITAL WALLETS FOR DEBIT CARDS. WEA CREDIT UNION 33 NOB HILL RD MADISON WI 53713 390716620 501(C)(14) 15000 0 TO FUND INSTANT ISSUE AND CONTACTLESS PAYMENT PROJECT. FOX COMMUNITIES CREDIT UNION 2201 E ENTERPRISE AVE APPLETON WI 54913 390738415 501(C)(14) 10000 0 FOR 'FOX FIRST CLASS' PROGRAM. PARK CITY CREDIT UNION 501 S PINE RIDGE AVE MERRILL WI 54452 390905063 501(C)(14) 10000 0 FOR YOUTH ACCOUNT ACTIVATION AND FINANCIAL LITERACY. 0 12 SCHOLARSHIPS 8 20000 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 547866 0 78730 0 35568 0 44784 0 0 0 706948 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 2024, 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 CHIEF FINANCIAL & OPERATING OFFICER. 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. WISCONSIN CREDIT UNION LEAGUE 1 E MAIN ST STE 101 MADISON WI 53703 390712580 ASSOCIATION OF CREDIT UNIONS WI 501(C)(6) N/A 0 WCUL SERVICES CORP 1 E MAIN ST STE 101 MADISON WI 53703 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