Nonprofit · EIN 26-1564606
MARINE CREDIT UNION FOUNDATION INC
Tax-exempt (reinstated) · LA CROSSE, WI 54601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $658,244 | $462,911 | $195,333 | $1,314,209 | $18,789 | $1,295,420 |
| December 31, 2023 | 990 | $374,627 | $570,512 | -$195,885 | $1,347,086 | $76,325 | $1,270,761 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $368,960
- of which government grants
- $36,688
- Program service revenue
- $0
- Investment income
- $237,226
- Net gain from sales of assets
- $206,801
- Net income from fundraising events
- -$1,845
- Other revenue
- $52,058
Expenses
- Grants and similar amounts paid
- $165,460
- Compensation of officers, directors and key employees
- $72,361
- Other salaries and wages
- $79,203
- Salaries, compensation and benefits (total)
- $151,564
- Professional fundraising fees
- $0
- Legal fees
- $2,001
- Accounting fees
- $26,025
- Program services (functional)
- $247,697
- Management and general (functional)
- $215,214
Balance sheet and other
- Total assets, start of year
- $1,347,086
- Total assets, end of year
- $1,314,209
- Total liabilities, end of year
- $18,789
- Net assets, end of year
- $1,295,420
- Publicly traded securities
- $1,083,166
- Net assets without donor restrictions
- $1,295,420
- Gross receipts
- $1,227,311
- Employees
- 0
- Volunteers
- 57
- Year formed
- 2007
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DARRICK WEEKS | DIRECTOR/MCU PRESIDENT & CEO Trustee or director, Officer | 1 | $0 | $610,318 | $49,137 |
| JOUMANA MCDAD | SECRETARY/MCU CHIEF EXPERIENCE OFF. Trustee or director, Officer | 1 | $0 | $319,723 | $36,099 |
| CAITLIN WILSON | EXECUTIVE DIRECTOR Officer | 25 | $0 | $160,174 | $9,367 |
| QUINN DEVLIN | EXECUTIVE DIRECTOR (THRU 03/2024) Officer | 25 | $0 | $29,485 | $11,124 |
| ANNE SNOW | PRESIDENT Trustee or director, Officer | 1 | $0 | $29,479 | $0 |
| WILLIAM MAAS | TREASURER Trustee or director, Officer | 1 | $0 | $27,500 | $0 |
| KEN KING | PRESIDENT (THRU 02/2024) Trustee or director | 1 | $0 | $0 | $0 |
| RYAN HALL | TREASURER (THRU 02/2024) Trustee or director | 1 | $0 | $0 | $0 |
| JOSH VANDEBERG | SECRETARY (THRU 02/2024) Trustee or director | 1 | $0 | $0 | $0 |
| SHY JACKSON | DIRECTOR (THRU 02/2024) Trustee or director | 1 | $0 | $0 | $0 |
| JUAN JIMENEZ | DIRECTOR (THRU 02/2024) Trustee or director | 1 | $0 | $0 | $0 |
| SAM KAUFMAN | DIRECTOR (THRU 02/2024) Trustee or director | 1 | $0 | $0 | $0 |
| TONYA WAGNER | DIRECTOR (THRU 02/2024) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| QUINN DEVLIN | EXECUTIVE DIRECTOR Officer | 40 | $0 | $73,105 | $36,002 |
| KEN KING | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSH VANDEBERG | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RYAN HALL | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHY JACKSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SAM KAUFMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JUAN JIMENEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TONYA WAGNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 300 2ND ST N STE 400, LA CROSSE, WI 54601-2001
- In care of
- % LISA DEML
- Mailing address (990-N for 2013)
- 811 Monitor St STE 200, La Crosse WI 546033100
- Principal officer (990 for 2024)
- CAITLIN WILSON, 300 2ND STREET N 400, LA CROSSE, WI 54601
- Principal officer (990-N for 2013)
- Lisa Deml, 811 Monitor St STE 200, La Crosse WI 546033100
- Signed the 990
- JOUMANA MCDAD, SECRETARY/MCU CHIEF EXP. OFF.
- Phone
- (608) 791-1306
- Website
- HTTPS://WWW.MARINECU.COM/
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
THE MCU FOUNDATION WAS FOUNDED TO MAKE A POSITIVE DIFFERENCE IN THE COMMUNITIES SERVED BY MCU THROUGH CHARITABLE DONATIONS AND INITIATIVES THAT INCREASE FINANCIAL LITERACY.
Program accomplishments
- THE MISSION OF THE MARINE CREDIT UNION FOUNDATION IS TO PROVIDE CHARITABLE CONTRIBUTIONS AND INCREASE FINANCIAL LITERACY TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS LIVING IN THE COMMUNITIES SERVED BY MARINE CREDIT UNION.Expenses $165,460 · grants $165,460
- THE FINDING HOME PROGRAM IS A 12 MONTH COUNSELING PROGRAM THAT ASSISTS FAMILIES IN FINANCING AND PURCHASING THEIR FIRST HOME.Expenses $82,237
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1564606
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $1,314,209
- Income (IRS master file)
- $1,227,311
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- November 12, 2012
- Reinstated
- Effective June 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $658,244 | $462,911 | $1,314,209 | IRS |
| 990 | December 2023 | $374,627 | $570,512 | $1,347,086 | XML |
| 990 | December 2022 | $458,798 | $427,480 | $1,357,362 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: Lisa Deml | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1564606).
Questions about MARINE CREDIT UNION FOUNDATION INC
- What is the EIN of MARINE CREDIT UNION FOUNDATION INC?
- The employer identification number (EIN) of MARINE CREDIT UNION FOUNDATION INC is 26-1564606.
- Is MARINE CREDIT UNION FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective June 15, 2012.
- Are donations to MARINE CREDIT UNION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARINE CREDIT UNION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARINE CREDIT UNION FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARINE CREDIT UNION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MARINE CREDIT UNION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names CAITLIN WILSON.
- Who are the officers and directors of MARINE CREDIT UNION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does MARINE CREDIT UNION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $658,244, expenses of $462,911 and total assets of $1,314,209 at year end.
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