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Nonprofit · EIN 39-6093210

WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC

Tax-exempt · MADISON, WI 53703

Financials

$2.3M$3.5M2023$2.2M$3M2024
Revenue Expenses · by fiscal year end
Financials of WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,201,471$2,967,108-$765,637$2,976,886$1,664,064$1,312,822
December 31, 2023990$2,274,792$3,518,985-$1,244,193$3,451,582$1,373,123$2,078,459
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,083,623
Program service revenue
$76,665
Investment income
$41,183
Other revenue
$0

Expenses

Grants and similar amounts paid
$684,032
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$17,695
Accounting fees
$12,490
Occupancy
$39,708
Travel
$262,242
Depreciation
$6,315
Program services (functional)
$1,329,266
Management and general (functional)
$457,718
Fundraising (functional)
$1,180,124

Balance sheet and other

Total assets, start of year
$3,451,582
Total assets, end of year
$2,976,886
Total liabilities, end of year
$1,664,064
Net assets, end of year
$1,312,822
Net assets without donor restrictions
$895,979
Net assets with donor restrictions
$416,843
Gross receipts
$2,201,471
Employees
0
Volunteers
13
Year formed
1965
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ELISSA MCCARTER LABORDEPRESIDENT & CEO
Officer
1$0$504,086$68,646
MICHAEL REUTERPRESIDENT
Officer
40$0$141,307$12,885
BILL CHENEYCHAIR
Trustee or director, Officer
1$0$0$0
CRYSTAL LONGVICE CHAIR
Trustee or director, Officer
1$0$0$0
SUSAN MITCHELLSECRETARY
Trustee or director, Officer
1$0$0$0
DALLAS BERGLTREASURER
Trustee or director, Officer
1$0$0$0
MANFRED ALFONSO DASENBROCKDIRECTOR
Trustee or director
1$0$0$0
BRIAN CALDARELLIDIRECTOR
Trustee or director
1$0$0$0
MIRIAM DE DIOS WOODWARDDIRECTOR
Trustee or director
1$0$0$0
DWAYNE NAYLORDIRECTOR
Trustee or director
1$0$0$0
RENEE SATTIEWHITEDIRECTOR
Trustee or director
1$0$0$0
JOSEPH THOMASDIRECTOR
Trustee or director
1$0$0$0
JENNIFER OLIVERDIRECTOR
Trustee or director
1$0$0$0
TYLER VALENTINEDIRECTOR
Trustee or director
1$0$0$0
J KEVIN RYANDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ELISSA MCCARTER LABORDEPRESIDENT & CEO
Officer
1$0$475,646$68,367
MICHAEL REUTEREXECUTIVE DIRECTOR
Officer
40$0$135,892$12,046
BILL CHENEYCHAIR
Trustee or director, Officer
1$0$0$0
CRYSTAL LONGVICE CHAIR
Trustee or director, Officer
1$0$0$0
SUSAN MITCHELLSECRETARY
Trustee or director, Officer
1$0$0$0
DALLAS BERGLTREASURER
Trustee or director, Officer
1$0$0$0
MANFRED ALFONSO DASENBROCKDIRECTOR
Trustee or director
1$0$0$0
BRIAN CALDARELLIDIRECTOR
Trustee or director
1$0$0$0
RAJ BANDARUDIRECTOR
Trustee or director
1$0$0$0
DWAYNE NAYLORDIRECTOR
Trustee or director
1$0$0$0
RENEE SATTIEWHITEDIRECTOR
Trustee or director
1$0$0$0
JOSEPH THOMASDIRECTOR
Trustee or director
1$0$0$0
JENNIFER OLIVERDIRECTOR
Trustee or director
1$0$0$0
TYLER VALENTINEDIRECTOR
Trustee or director
1$0$0$0
J KEVIN RYANDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
301 S BEDFORD ST STE 1, MADISON, WI 53703-3691
Principal officer (990 for 2024)
PAUL TREINEN, 301 S BEDFORD STREET 1, MADISON, WI 53703
Signed the 990
PAUL TREINEN, CEO
Phone
(608) 395-2000
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE WORLDWIDE FOUNDATION FOR CREDIT UNIONS (WFCU) BRIDGES CREDIT UNION GAPS THROUGH SHARED GLOBAL JOURNEYS TO STRENGTHEN CREDIT UNIONS AND GROW FINANCIAL INCLUSION WORLDWIDE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROJECT STORM BREAK:THROUGH ITS CREDIT UNION DISASTER RELIEF INITIATIVE, PROJECT STORM BREAK, WFCU PROVIDED CRISIS RELIEF AND RECOVERY FUNDING TO OVER 1,200 INDIVIDUALS. IN BRAZIL, $32,000 SUPPORTED FLOOD RECOVERY, INCLUDING SHELTER SUPPLIES FOR 550 STUDENTS. IN UKRAINE, $150,000 AIDED FOOD SECURITY FOR 464 FARMERS THROUGH THE DISTRIBUTION OF AGRICULTURAL TOOLS. IN THE CARIBBEAN, WFCU CONTRIBUTED $5,000 TO SUPPORT CREDIT UNIONS RECOVERING FROM HURRICANE BERYL.
    Expenses $234,602 · grants $234,602
  • GLOBAL WOMEN'S LEADERSHIP NETWORK:CELEBRATING 15 YEARS OF EMPOWERING WOMEN IN THE CREDIT UNION MOVEMENT, GWLN SUPPORTED 760 INDIVIDUALS THROUGH EMPOWERMENT GRANTS AND AWARDED SCHOLARSHIPS TO FOUR WOMEN FROM ESWATINI, KENYA, THE PHILIPPINES, AND THE UNITED STATES. GRANTS IN KENYA AND MONGOLIA DIRECTLY IMPROVED FINANCIAL INCLUSION AND WOMEN'S LIVELIHOODS IMPACTING OVER 700 DAIRY FARMERS IN KENYA AND ATTRACTING OVER 2,500 USERS TO A SUSTAINABLE FINANCE MARKETPLACE IN MONGOLIA. OVER 4,000 PEOPLE ENGAGED THROUGH SISTER SOCIETIES IN 30 COUNTRIES, EXPANDING THE NETWORK'S GLOBAL FOOTPRINT.
    Expenses $10,000 · grants $10,000 · revenue $76,665
  • WORLD'S CREDIT UNION YOUNG PROFESSIONALS NETWORK:WYCUP FOSTERED THE NEXT GENERATION OF CREDIT UNION LEADERS BY HOSTING OVER 600 PARTICIPANTS THROUGH EVENTS LIKE CONNEXION, THE EMERGING LEADERS' SUMMIT, AND A JOINT FORUM AT THE 2024 WORLD CREDIT UNION CONFERENCE. THE PROGRAM EXPANDED EDUCATIONAL ACCESS, MENTORSHIP, AND GLOBAL NETWORKING FOR YOUNG PROFESSIONALS FROM OVER 70 COUNTRIES.
    Expenses $173,377
  • GLOBAL BRIDGES FACILITATES CROSS-BORDER LEARNING AND COLLABORATION AMONG CREDIT UNIONS. IN 2024, WFCU ORGANIZED THREE PEER EXCHANGE VISITS. IN PERU AND ECUADOR, U.S. CREDIT UNION PROFESSIONALS EXPLORED SOLUTIONS FOR ADVANCING FINANCIAL INCLUSION FOR VENEZUELAN MIGRANTS THROUGH CREDIT UNIONS AND ENTREPRENEURSHIP. IN AUSTRALIA AND NEW ZEALAND, VIRGINIA CREDIT UNION ENGAGED WITH PEERS ON REGULATION AND SOCIAL IMPACT. IN IRELAND, PVKS CREDIT UNION OF UKRAINE PARTICIPATED IN LENDING, ANALYTICS, AND MEMBER SERVICE LEARNING SESSIONS WITH DUNDALK CREDIT UNION. WFCU ALSO SUPPORTED WOCCU'S HUB C PILOT WITH CB COOPERATIVA IN ECUADOR, LAUNCHING A MACHINE-LEARNING CREDIT SCORING ALGORITHM TO IMPROVE LENDING. ADDITIONALLY, THROUGH THE USAID/WOCCU ECONOMIC INCLUSION PROJECT, WFCU HELPED 30 VENEZUELAN MIGRANTS IN PERU AND ECUADOR, 14 RECEIVED BUSINESS GRANTS AND 16 OBTAINED PROFESSIONAL RE-CERTIFICATION SUPPORT.THE GLOBAL DE PROGRAM ADVANCES THE COOPERATIVE PRINCIPLES OF CREDIT UNIONS THROUGH EDUCATION AND LEADERSHIP CERTIFICATION. IN 2024, WFCU SUPPORTED THE GRADUATION OF 25 NEW INTERNATIONAL CREDIT UNION DEVELOPMENT EDUCATORS (ICUDES) FROM COUNTRIES ACROSS AFRICA, EUROPE, THE CARIBBEAN, AND THE UNITED STATES. THESE GRADUATES ARE EMPOWERED TO LEAD GLOBAL DEVELOPMENT EFFORTS WITHIN THE CREDIT UNION MOVEMENT AND DEEPEN THE IMPACT OF INTERNATIONAL COOPERATIVE EDUCATION.
    Expenses $911,287 · grants $439,430

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
39-6093210
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
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,199,509
Income (IRS master file)
$3,223,119

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,201,471$2,967,108$2,976,886XML
990December 2023$2,274,792$3,518,985$3,451,582XML
990December 2022$4,076,412$2,814,325$5,234,789IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 39-6093210).

Questions about WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC

What is the EIN of WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC?
The employer identification number (EIN) of WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC is 39-6093210.
Is WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORLDWIDE FOUNDATION FOR CREDIT UNIONS 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 WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORLDWIDE FOUNDATION FOR CREDIT UNIONS 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 WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC?
The 990 for the year ended December 31, 2024 names PAUL TREINEN.
Who are the officers and directors of WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,201,471, expenses of $2,967,108 and total assets of $2,976,886 at year end.

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