FILENE RESEARCH INSTITUTE INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: FILENE RESEARCH INSTITUTE INC (EIN 39-1645910)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2023-12-22
IRS object ID: 202313569349300616
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-12-22T11:08:10-06:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	390974031	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WEGNER CPAS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2921 LANDMARK PL STE 300	AddressLine1Txt
City	MADISON	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	537134236	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	391645910	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FILENE RESEARCH INSTITUTE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FILE	BusinessNameControlTxt
Phone	6086613740	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1010 E WASHINGTON AVE 306	AddressLine1Txt
City	MADISON	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	53703	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK MEYER	PersonNm
Person Title	PRESIDENT & CHIEF EXECUTIVE OFFICER	PersonTitleTxt
Phone	6086613740	PhoneNum
Signature	2023-12-21	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARK	PersonFirstNm
Person Last	MEYER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JASON STEPHENS CPA	PreparerPersonNm
PTIN	P01263225	PTIN
Phone	6082744020	PhoneNum
Preparation	2023-12-12	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARK MEYER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1010 E WASHINGTON AVE 306	AddressLine1Txt
City	MADISON	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	53703	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$8,397,590	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	FILENE.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1989	FormationYr
Legal Domicile State	WI	LegalDomicileStateCd
Activity Or Mission	CONDUCT CUTTING-EDGE ACTIONABLE RESEARCH TO INCREASE LEARNING AND TRANSFORM ORGANIZATIONS, ACCELERATE INCUBATION AND REDUCE RISK FROM NEW SOLUTIONS THROUGH FILENE INCUBATORS, CONNECT INNOVATIVE AND EMERGING LEADERS THROUGH COMMUNITIES AND EVENTS, PROVIDE ADVISORY SERVICES TO DRIVE LASTING AND IMPACTFUL CHANGE AND PROVIDE ACCESS TO GROWING, INNOVATION-MINDED CREDIT UNIONS DEDICATED TO THINKING FORWARD AND CHANGING LIVES.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	11	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$7,493,362	PYContributionsGrantsAmt
CY Contributions Grants	$7,473,926	CYContributionsGrantsAmt
PY Program Service Revenue	$630,049	PYProgramServiceRevenueAmt
CY Program Service Revenue	$540,840	CYProgramServiceRevenueAmt
PY Investment Income	$59,906	PYInvestmentIncomeAmt
CY Investment Income	$97,692	CYInvestmentIncomeAmt
PY Other Revenue	$1,172	PYOtherRevenueAmt
CY Other Revenue	$60,000	CYOtherRevenueAmt
PY Total Revenue	$8,184,489	PYTotalRevenueAmt
CY Total Revenue	$8,172,458	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$1,054,819	CYTotalFundraisingExpenseAmt
PY Other Expenses	$7,646,292	PYOtherExpensesAmt
CY Other Expenses	$8,444,014	CYOtherExpensesAmt
PY Total Expenses	$7,646,292	PYTotalExpensesAmt
CY Total Expenses	$8,444,014	CYTotalExpensesAmt
PY Revenues Less Expenses	$538,197	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$271,556	CYRevenuesLessExpensesAmt
Total Assets BOY	$14,627,615	TotalAssetsBOYAmt
Total Assets EOY	$15,248,471	TotalAssetsEOYAmt
Total Liabilities BOY	$1,542,181	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,278,852	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$13,085,434	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$12,969,619	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	STRENGTHENING ORGANIZATIONS THROUGH INNOVATIVE RESEARCH AND INCUBATION TO IMPROVE CONSUMER FINANCIAL WELL-BEING.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,104,870	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$437,204	RevenueAmt
Desc	RESEARCH AND INNOVATION - FILENE RESEARCH INSTITUTE SEEKS OUT HIGH PRIORITY RESEARCH QUESTIONS FOR THE BENEFIT OF CONSUMERS AND THE COOPERATIVE FINANCE MOVEMENT. THE INSTITUTE REGULARLY PUBLISHES REPORTS AND OUTPUTS ON ITS RESEARCH FINDINGS INCLUDING PODCASTS, TOOLKITS, INFOGRAPHICS, AND SLIDE DECKS. FILENE PUBLISHED 29 RESEARCH AND INNOVATION REPORTS IN THE YEAR, AS WELL AS 19 OTHER RESEARCH AND INNOVATION OUTPUTS. ARTICLES SUMMARIZING THE RESEARCH ARE WIDELY DISTRIBUTED IN THE TRADE PRESS, SOCIAL MEDIA, GENERAL MEDIA AND IN PUBLICATIONS OF CREDIT UNION TRADE ORGANIZATIONS. THE ORGANIZATION ALSO REGULARLY SPEAKS ON ITS RESEARCH FINDINGS ACROSS NORTH AMERICA AS WELL AS PROVIDES RESEARCH INSIGHTS ON KEY CONSUMER FINANCE TOPICS AT INDUSTRY AND NONPROFIT CONFERENCES. FILENE'S INCUBATORS TAKE THE NEXT STEP IN INNOVATION BY TESTING PRODUCTS AND IDEAS TO HELP CREDIT UNIONS GROW AND MAKE A POSITIVE IMPACT ON THEIR MEMBERS AND COMMUNITIES. FILENE CURRENTLY HAS 4 INCUBATOR OFFERINGS AND TESTED 5 IN-MARKET PRODUCTS DURING THE PAST FISCAL YEAR.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$2,451,394	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$103,636	RevenueAmt
Desc	OUTREACH AND EDUCATION - FILENE PROVIDES MEMBERS AND STRATEGIC PARTNERS OPPORTUNITIES TO ENGAGE WITH OUR BODY OF WORK THROUGH OUR EVENTS AND COMMUNITIES. THIS YEAR OVER 1872 CREDIT UNION AFFILIATED INDIVIDUALS REGISTERED FOR ONE OF OUR EVENTS. WE ALSO HAD OVER 5577 REGISTER TO ATTEND ONE OF OUR 30 FILENE WEBINARS. OUR COMMUNITIES SUPPORTED 306 FUTURE LEADERS THROUGH THE COOPERATIVE TRUST, WHERE PARTICIPANTS CAN ATTEND AN IN-PERSON EVENT OR PARTICIPATE IN OUR LEARNING COMMUNITY CRASH COURSE. FILENE ALSO CONTINUED I2, A PROGRAM FOR EMERGING TALENT WITH 2023 WAVE 2 CLASS OF 22 PARTICIPANTS. IN ADDITION, OUR I3 PROGRAM WHICH PROVIDES INNOVATION TRAINING EXPANDED THE LEADERSHIP CAPACITY IN OVER 50 CREDIT UNIONS AND CREDIT UNION INDUSTRY PARTNER ORGANIZATIONS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$6,556,264	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	50	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	GA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	HI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ME	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NM	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ND	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	RI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WI	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	PATSY STEWART	PersonNm
Phone	6086613754	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1010 E WASHINGTON AVE STE 306	AddressLine1Txt
City	MADISON	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	53703	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
KEITH SULTEMEIER
CHAIRPERSON	1.00	Yes (X)	Yes (X)	$0	$0	$0
APRIL CLOBES
VICE CHAIRPERSON	1.00	Yes (X)	Yes (X)	$0	$0	$0
TY MUSE
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
TRACIE KENYON
DIRECTOR (THRU JANUARY)	1.00	Yes (X)		$0	$0	$0
MIKE SCHENK
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MAURICE SMITH
DIRECTOR (THRU AUGUST)	1.00	Yes (X)		$0	$0	$0
ROB PURTELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BILL CHENEY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
PATTY CAMPBELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
LILY NEWFARMER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
KEVIN JOHNSON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MARK MEYER
PRESIDENT & CHIEF EXECUTIVE OFFICER	60.00		Yes (X)	$0	$0	$0
PATSY STEWART
CHIEF FINANCE & OPERATIONS OFFICER	50.00		Yes (X)	$0	$0	$0
JEREMY TOLLEFSON
DIR OF EXECUTIVE RELATIONS/SECRETARY	40.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CMFG LIFE INSURANCE COMPANY
5910 MINERAL POINT RD	MADISON	WI	537054456	MANAGEMENT AND ADMINISTRATIVE SERVICES	$6,147,348
ANDREA ESPY
24312 ARMADA DRIVE	DANA POINT	CA	92629	CONSULTING SERVICES	$137,374

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Membership Dues	$2,526,824	MembershipDuesAmt
All Other Contributions	$4,947,102	AllOtherContributionsAmt
Noncash Contributions	$3,236	NoncashContributionsAmt
Total Contributions	$7,473,926	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RESEARCH AND INNOVATION	541700	$437,204	$437,204
OUTREACH AND EDUCATION	541700	$103,636	$103,636

Field	Value	IRS element (for citing)
Total Program Service Revenue	$540,840	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$96,659	TotalRevenueColumnAmt
Exclusion	$96,659	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$60,000	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$60,000	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$60,000	TotalRevenueColumnAmt
Exclusion	$60,000	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$226,165	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$225,132	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$1,033	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,033	TotalRevenueColumnAmt
Exclusion	$1,033	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,172,458	TotalRevenueColumnAmt
Related Or Exempt Func Income	$540,840	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$157,692	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$5,898	TotalAmt
Management And General	$5,898	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$66,804	TotalAmt
Management And General	$66,804	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$7,748	TotalAmt
Management And General	$7,748	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$6,262,380	TotalAmt
Program Services	$4,988,311	ProgramServicesAmt
Management And General	$451,773	ManagementAndGeneralAmt
Fundraising	$822,296	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$25,124	TotalAmt
Fundraising	$25,124	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$54,768	TotalAmt
Program Services	$15,655	ProgramServicesAmt
Management And General	$8,701	ManagementAndGeneralAmt
Fundraising	$30,412	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$378,505	TotalAmt
Program Services	$263,365	ProgramServicesAmt
Management And General	$44,736	ManagementAndGeneralAmt
Fundraising	$70,404	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$280,677	TotalAmt
Program Services	$190,466	ProgramServicesAmt
Management And General	$45,105	ManagementAndGeneralAmt
Fundraising	$45,106	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$349,692	TotalAmt
Program Services	$307,346	ProgramServicesAmt
Management And General	$11,896	ManagementAndGeneralAmt
Fundraising	$30,450	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$815,994	TotalAmt
Program Services	$673,667	ProgramServicesAmt
Management And General	$137,477	ManagementAndGeneralAmt
Fundraising	$4,850	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$147,294	TotalAmt
Program Services	$99,949	ProgramServicesAmt
Management And General	$23,673	ManagementAndGeneralAmt
Fundraising	$23,672	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$15,106	TotalAmt
Program Services	$11,356	ProgramServicesAmt
Management And General	$1,295	ManagementAndGeneralAmt
Fundraising	$2,455	FundraisingAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$34,024	TotalAmt
Program Services	$6,149	ProgramServicesAmt
Management And General	$27,825	ManagementAndGeneralAmt
Fundraising	$50	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,444,014	TotalAmt
Program Services	$6,556,264	ProgramServicesAmt
Management And General	$832,931	ManagementAndGeneralAmt
Fundraising	$1,054,819	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$32	BOYAmt
EOY	$37	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$4,529,722	BOYAmt
EOY	$4,240,916	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$7,584,465	BOYAmt
EOY	$7,826,671	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$102,740	BOYAmt
EOY	$232,985	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$42,412	BOYAmt
EOY	$97,196	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,470,114	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,104,598	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$316,170	BOYAmt
EOY	$365,516	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,964,441	BOYAmt
EOY	$1,965,330	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$81,858	BOYAmt
EOY	$298,658	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,775	BOYAmt
EOY	$221,162	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$14,627,615	BOYAmt
EOY	$15,248,471	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,425,886	BOYAmt
EOY	$1,666,961	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$60,823	BOYAmt
EOY	$56,823	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$55,472	BOYAmt
EOY	$555,068	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,542,181	BOYAmt
EOY	$2,278,852	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,785,235	BOYAmt
EOY	$3,846,343	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$9,300,199	BOYAmt
EOY	$9,123,276	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,085,434	BOYAmt
EOY	$12,969,619	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$14,627,615	BOYAmt
EOY	$15,248,471	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$271,556	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$155,741	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,713,531	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,302,481	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,298,178	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,493,362	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,473,926	CurrentTaxYearAmt
Total	$39,281,478	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,713,531	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,302,481	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,298,178	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,493,362	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,473,926	CurrentTaxYearAmt
Total	$39,281,478	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$3,432,440	SubstantialContributorsTotAmt
Public Support Total170	$35,849,038	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$77,378	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$90,131	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$62,755	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$56,440	CurrentTaxYearMinus1YearAmt
Current Tax Year	$156,659	CurrentTaxYearAmt
Total	$443,363	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$39,724,841	TotalSupportAmt
Gross Receipts Rltd Activities	$3,672,367	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.90240	PublicSupportCY170Pct
Public Support PY170	0.91160	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$424,308	OtherCostOrOtherBasisAmt
Depreciation	$341,395	DepreciationAmt
Book Value	$82,913	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$365,172	OtherCostOrOtherBasisAmt
Depreciation	$283,584	DepreciationAmt
Book Value	$81,588	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$680,634	OtherCostOrOtherBasisAmt
Depreciation	$479,619	DepreciationAmt
Book Value	$201,015	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$365,516	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
REFUNDABLE ADVANCES	$300,000
OPERATING LEASE LIABILITY	$255,068

Field	Value	IRS element (for citing)
Total Liability	$555,068	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$8,689,543	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$155,741	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$369,092	DonatedServicesAndUseFcltsAmt
Other Revenue	-$7,748	OtherRevenueAmt
Revenue Not Reported	$517,085	RevenueNotReportedAmt
Revenue Subtotal	$8,172,458	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$8,172,458	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$8,542,858	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$106,592	DonatedServicesUseFcltsAmt
Expenses Not Reported	$106,592	ExpensesNotReportedAmt
Expenses Subtotal	$8,436,266	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$7,748	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$7,748	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$8,444,014	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART XI, LINE 2D - OTHER ADJUSTMENTS:	FormAndLineReferenceDesc
Explanation	INVESTMENT MANAGEMENT FEES REPORTED ON FORM 990, PART IX, LINE 11F -7,748.	ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	FOOD AND MATERIALS FOR PROGRAM EVENTS	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$3,236	NoncashContributionsRptF990Amt
Method Of Determining Revenues	ESTIMATED MARKET VAL	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	THE INSTITUTE LEASES ITS EMPLOYEES, INCLUDING ITS PRESIDENT & CHIEF EXECUTIVE OFFICER, FROM CMFG LIFE INSURANCE COMPANY. THE CHIEF EXECUTIVE OFFICER PERFORMS MANAGEMENT DUTIES SUCH AS SUPERVISING PERSONNEL, PLANNING AND EXECUTING BUDGETS AND FINANCIAL OPERATIONS, AND SUPERVISING EXEMPT OPERATIONS. DURING CALENDAR YEAR 2022 THE CHIEF EXECUTIVE OFFICER RECEIVED $846,772 OF REPORTABLE COMPENSATION FROM CMFG LIFE INSURANCE COMPANY.
FORM 990, PART VI, SECTION B, LINE 11B	THE PREPARED FORM 990 IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. THE DISTRIBUTION OF THE DRAFT RETURN AND ANY REVISED RETURNS ARE BOTH CONDUCTED ELECTRONICALLY.
FORM 990, PART VI, SECTION B, LINE 12C	ALL MEMBERS OF THE INSTITUTE'S GOVERNING BODY EACH COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. THE STATEMENTS ARE REVIEWED BY THE GOVERNING BODY. A COPY OF EACH STATEMENT IS MAINTAINED BY THE INSTITUTE. THE INSTITUTE'S LEASED EMPLOYEES COMPLETE CMFG LIFE INSURANCE COMPANY'S CONFLICT OF INTEREST STATEMENT ELECTRONICALLY.
FORM 990, PART VI, SECTION B, LINE 15A	THE INSTITUTE'S GOVERNING BODY USES SEVERAL RESOURCES TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR/CEO AND THE INSTITUTE'S LEASED EMPLOYEES INCLUDING CMFG LIFE INSURANCE COMPANY'S COMPENSATION EXPERTS, COMPENSATION AND BENEFITS SURVEYS FROM SPECIALIST THIRD-PARTY HR PROVIDERS, RESOURCES WITHIN THE CREDIT UNION SYSTEM AND WITHIN THE ORGANIZATIONS/NETWORKS OF THE MEMBERS OF THE GOVERNING BODY, INDUSTRY DATA POINTS, AND THE GUIDESTAR NONPROFIT COMPENSATION REPORT AND OTHER INFORMATION ON NONPROFIT ORGANIZATIONS AVAILABLE THROUGH WWW.GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19	THE INSTITUTE PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11G	EMPLOYEE LEASING SERVICES: PROGRAM SERVICE EXPENSES 3,624,139. MANAGEMENT AND GENERAL EXPENSES 413,203. FUNDRAISING EXPENSES 783,365. TOTAL EXPENSES 4,820,707. CONSULTING/SUBCONTRACTOR SERVICES: PROGRAM SERVICE EXPENSES 853,915. MANAGEMENT AND GENERAL EXPENSES 38,215. FUNDRAISING EXPENSES 38,547. TOTAL EXPENSES 930,677. RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 451,183. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 451,183. PUBLICATION SERVICES: PROGRAM SERVICE EXPENSES 18,409. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,409. REGISTRATION AND FILING FEES: PROGRAM SERVICE EXPENSES 11,541. MANAGEMENT AND GENERAL EXPENSES 355. FUNDRAISING EXPENSES 384. TOTAL EXPENSES 12,280. PRINTING: PROGRAM SERVICE EXPENSES 29,124. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,124.