2024-05-03T17:43:44-04:00 2023-12-31 811697509 AUDIT THREESIXTY 1202 JOHNSON ST ONALASKA WI 546502008 990 2023-01-01 390796087 BADGER GLOBE CREDIT UNION BADG 9207222122 260 N GREEN BAY ROAD NEENAH WI 54956 ANNITA HUTTER PRESIDENT / CEO 9207222122 2024-04-26 true ANNITA HUTTER 999009999 true PETER RASMUSSEN P01888997 6083173765 2024-05-03 X 2023 2023-04-26 12:10:37Z ANNITA HUTTER 260 N GREEN BAY RD NEENAH WI 54956 2235876 false X WWW.BADGERGLOBECU.ORG X 1947 WI TO EXCEED OUR MEMBERS' EXPECTATIONS THROUGH EXCEPTIONAL SERVICE. 7 6 12 7 600 15000 1700253 1798847 183105 415561 2675 2703 1886033 2232111 3644 7982 0 810159 917451 0 0 895518 1277466 1709321 2202899 176712 29212 54986298 51840108 47790932 44709606 7195366 7130502 TO EXCEED OUR MEMBERS' EXPECTATIONS THROUGH EXCEPTIONAL SERVICE. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE ADDED 512 NEW DEPOSIT ACCOUNTS IN 2023. AS OF 12/31/23 WE HAD 2,623 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 1,105 NEW LOANS DURING 2023. AS OF 12/31/23 WE HAD 1,810 LOANS RECEIVABLE. false false false false false false false false false true false true true true false false false false false false false false false false false false false false false false true false false true false false false false false false false false false true 990 0 true 12 true false false false false false false false false X 7 6 false false false false true true true true true false false false true true true false true true false false X ANNITA HUTTER 9207222122 260 N GREEN BAY RD NEENAH WI 54956 ANNITA HUTTER PRESIDENT / 40.00 X 111419 0 8302 MICHAEL MALLOW EXEC VP 40.00 X 86860 0 29089 MICHAEL SHADDUCK VP LENDING 40.00 X 83335 0 7716 JOSHUA LEE VP OPERATION 40.00 X 79190 0 8129 KARA KRAUSE CHAIR 0.50 X X 599 0 0 CYNTHIA PHILLIPS SECRETARY 0.50 X X 420 0 0 DAVID EVANS VICE CHAIR 0.50 X X 360 0 0 STEVEN KOFNETKA DIRECTOR 0.50 X 360 0 0 HEIDI MOORE DIRECTOR 0.50 X 360 0 0 LAURA ZAHRINGER DIRECTOR 0.50 X 330 0 0 CARLA WATSON TREASURER 0.50 X X 300 0 0 363533 53236 1 false false false FISERV 2900 WESTSIDE PARKWAY ALPHARETTA GA 30004 PROCESSING SVCS 193126 1 15000 15000 INTEREST ON LOANS 522130 1344293 1344293 OTHER MEMBER RELATED REVENUE 522130 359280 359280 MEMBER FEE INCOME 522130 94674 94674 FEE & INSURANCE INCOME 520000 600 600 1798847 417626 417626 2703 2703 1700 3765 -2065 -2065 -2065 2232111 1796182 600 420329 6707 1275 363533 374854 44060 80232 54772 24630 5153 30310 55192 333352 157677 49860 32613 13273 35919 49215 31472 DIVIDEND EXPENSE 407834 LOAN SERVICING 37571 GRANT EXPENDITURES 15000 CREDIT EXPENSE ADJST -1605 2202899 0 0 0 221861 169667 5179450 6723616 4000 1340 33699298 32955118 114356 109312 1639595 1273367 233834 366228 9570208 7069208 5963291 4445619 54986298 51840108 733555 493560 250299 451480 46605897 43965747 47790932 44709606 X 7195366 7130502 7195366 7130502 54986298 51840108 X 29212 -65295 -28781 X false false 48000 48000 922291 703684 218607 613303 569683 43620 56001 56001 366228 INVESTMENTS WITH MATURITY > 1 YEAR 6731557 C CAPITAL ACCOUNTS CORP CU 326151 C WI CU SHARED SERVICES CUSO 10000 C WISCUB 1500 C 7069208 CUOLI 3519063 NCUSIF INSUR DEPOSIT 447171 LOANS HELD FOR SALE 277307 OTHER ASSETS 77526 ACCRUED INTEREST ON LOANS 73600 ACCRUED INTEREST ON INVESTMENTS 45027 FORECLOSED & REPO ASSETS 5925 4445619 MEMBER SHARES & DEPOSITS 43965747 43965747 JOSHUA LEE VP OPERATIONS OFFICER COMPUTER PURCHASE X 1560 1340 false false true 1340 NICHOLAS VERBRICK SON OF DIRECTOR 62005 REPLACED ROOF false FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEW FOR ACCURACY AND AUTHORIZES THE PREPARER TO E-FILE THE APPROVED RETURN. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND EMPLOYEES SIGN CONFLICT OF INTEREST (COI) STATEMENT ANNUALLY AND ACCESS IS BLOCKED FOR USER TO DO TRANSACTIONS ON THE COI ACCOUNTS LISTED. MANAGEMENT REVIEWS THIS FORM/USER SETUP ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A A COMMITTEE OF BOARD DIRECTORS DETERMINES PRESIDENT'S COMPENSATION AND REPORTS TO THE FULL BOARD. SALARY SURVEYS AND PEER INFORMATION FROM TRADE ORGANIZATIONA ARE USED AS PART OF THE PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY. FORM 990, PART XI, LINE 9 INITIAL CECL ADJUSTMENT -28,781