FILENE RESEARCH INSTITUTE INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- FILENE RESEARCH INSTITUTE INC (EIN 39-1645910)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-10-24
- IRS object ID
- 201702979349300820
- Schema version
- 2016v3.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-10-24T10:38:49-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | 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 | 2110 LUANN LN | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 537133074 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | 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 NO 306 | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 537034416 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK MEYER | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 6086613740 | PhoneNum |
| Signature | 2017-10-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | YIGIT UCTUM CPA | PreparerPersonNm |
| PTIN | P01269549 | PTIN |
| Phone | 6082744020 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | MARK MEYER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 E WASHINGTON AVE NO 306 | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 537034416 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,892,261 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FILENE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | FILENE RESEARCH INSTITUTE CREATES CHANGE THROUGH INSIGHTFUL RESEARCH, PLAYFUL IDEAS, AND RIGOROUS EXPERIMENTATION TO MAKE REAL AND LASTING IMPACT IN PEOPLE'S LIVES. TOGETHER WE CAN IMPROVE FINANCIAL WELLNESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $198,304 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$54,531 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,807,075 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,179,338 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,046,485 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,696,902 | CYProgramServiceRevenueAmt |
| PY Investment Income | $24,001 | PYInvestmentIncomeAmt |
| CY Investment Income | $16,021 | CYInvestmentIncomeAmt |
| PY Other Revenue | $213,006 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,090,567 | PYTotalRevenueAmt |
| CY Total Revenue | $7,892,261 | 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 | $483,461 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,338,428 | PYOtherExpensesAmt |
| CY Other Expenses | $6,122,449 | CYOtherExpensesAmt |
| PY Total Expenses | $5,338,428 | PYTotalExpensesAmt |
| CY Total Expenses | $6,122,449 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,752,139 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,769,812 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,741,168 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,947,895 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,081,012 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,527,020 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,660,156 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,420,875 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FILENE SEEKS TRUTH THROUGH INSIGHTFUL RESEARCH, PLAYFUL IDEAS AND RIGOROUS EXPERIMENTATION, EMPOWERING PEOPLE TO ACHIEVE FINANCIAL WELLNESS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,503,974 | ExpenseAmt |
| Revenue | $15,131 | RevenueAmt |
| Desc | FILENE RESEARCH INSTITUTE SEEKS OUT HIGH PRIORITY RESEARCH QUESTIONS FOR THE BENEFIT OF CONSUMERS AND THE COOPERATIVE FINANCE MOVEMENT. THE INSTITUTE REGULARLY PUBLISHES REPORTS ON ITS RESEARCH FINDINGS AND THE OUTPUTS TAKE MANY EVOLVING FORMS INCLUDING RESEARCH REPORTS, INFOGRAPHICS, AND SLIDE DECKS. THERE WERE 52 FILENE RESEARCH, INNOVATION, AND IMPACT REPORTS AND BRIEFS PUBLISHED IN THE YEAR. ARTICLES SUMMARIZING THE RESEARCH ARE WIDELY DISTRIBUTED IN THE TRADE, SOCIAL MEDIA, GENERAL MEDIA AND IN THE PUBLICATIONS OF CREDIT UNION TRADE ORGANIZATIONS. IN THE INSTITUTE'S INCUBATOR, WE TEST IDEAS, BASED ON CONSUMER NEED AND ROOTED IN RESEARCH, WITH THE GOAL OF BRINGING THESE IDEAS TO THE FINANCIAL MARKETPLACE FOR POSITIVE IMPACT. DURING THE YEAR, THE INSTITUTE WORKED WITH 41 NEW CREDIT UNIONS TO TEST THESE IDEAS. THIS INCLUDED 5 PILOTS (FUNDED THROUGH THE FORD FOUNDATION AND VISA) OF PRODUCTS DESIGNED TO ADDRESS THE MINORITY POPULATIONS. DATA COLLECTION AND ANALYSIS IS CURRENTLY IN PROCESS WITH A FULL REPORTING IN FISCAL YEAR 2018. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,840,335 | ExpenseAmt |
| Revenue | $1,483,984 | RevenueAmt |
| Desc | THROUGH FILENE RESEARCH INSTITUTE'S OUTREACH AND EDUCATION PROGRAM, FILENE PROVIDES A VARIETY OF WAYS TO INTERACT WITH OUR BODY OF WORK INCLUDING THE I3 (IDEAS, INNOVATION, AND IMPLEMENTATION) COMMUNITY, THE COOPERATIVE TRUST, RESEARCH COUNCILS, INNOVATION WORKSHOPS, EDUCATIONAL PRESENTATIONS AND RESEARCH COLLOQUIA. THESE OUTREACH EVENTS AFFORD LEARNING OPPORTUNITIES, ENGAGEMENT, PEER NETWORKING, ADMINISTRATIVE PROCEEDINGS, AND ORGANIZATIONAL DIRECTION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $550,621 | ExpenseAmt |
| Revenue | $197,787 | RevenueAmt |
| Desc | FILENE RESEARCH INSTITUTE'S APPLIED RESEARCH AND INNOVATION PROGRAM TAKES THE MOST PROMISING RESEARCH AND USES IT TO BUILD AND TEST IDEAS WITH CREDIT UNIONS THAT SOLVE REAL-WORLD, CONSUMER FINANCE PROBLEMS. FROM OPTIMIZING DIGITAL CHANNELS TO INCREASING MEMBER LOYALTY, PROVIDING MEMBERS ALTERNATIVES TO PAYDAY LENDING TO ENHANCING STRATEGIC EFFORTS AND ENSURING A MORE CONSISTENT ONBOARDING EXPERIENCE, OUR IMPACT PROGRAMS ARE DESIGNED TO HELP CREDIT UNIONS PUT OUR RESEARCH INTO ACTION SO THAT THEY CAN SERVE MORE MEMBERS, DEEPEN RELATIONSHIPS AND ULTIMATELY IMPROVE PEOPLE'S LIVES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,894,930 | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | 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 | 48 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | 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 | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | 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 | 537034416 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MAURICE SMITH | ||||||
| CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANGIE OWENS | ||||||
| VICE CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TRACIE KENYON | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JIM NUSSLE | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PAUL KUNDERT | ||||||
| DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAN ROCHE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BOB TRUNZO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHRUTI MIYASHIRO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE SULESKI | ||||||
| ADVISORY MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE SCHENK | ||||||
| ADVISORY MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARK MEYER | ||||||
| CHIEF EXECUTIVE OFFICER | 60.00 | 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 | $4,544,857 |
| BLUE WOLF GROUP LLC | |||||
| 11 E 26TH ST | NEW YORK | NY | 100101402 | CONSULTING SERVICES | $129,781 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $3,719,999 | MembershipDuesAmt |
| All Other Contributions | $2,459,339 | AllOtherContributionsAmt |
| Total Contributions | $6,179,338 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OUTREACH AND EDUCATION | 541720 | $1,483,984 | $1,483,467 | $517 |
| APPLIED RESEARCH | 541720 | $197,787 | $197,787 | |
| RESEARCH AND INNOVATIO | 541720 | $15,131 | $15,131 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,696,902 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,021 | TotalRevenueColumnAmt |
| Exclusion | $16,021 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,892,261 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,498,598 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $198,304 | UnrelatedBusinessRevenueAmt |
| Exclusion | $16,021 | 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 | $23,297 | TotalAmt |
| Management And General | $23,297 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,837 | TotalAmt |
| Management And General | $30,837 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,983 | TotalAmt |
| Management And General | $2,983 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,880,231 | TotalAmt |
| Program Services | $3,855,744 | ProgramServicesAmt |
| Management And General | $620,628 | ManagementAndGeneralAmt |
| Fundraising | $403,859 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,813 | TotalAmt |
| Program Services | $15,137 | ProgramServicesAmt |
| Management And General | $82 | ManagementAndGeneralAmt |
| Fundraising | $9,594 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,099 | TotalAmt |
| Program Services | $102,978 | ProgramServicesAmt |
| Management And General | $8,062 | ManagementAndGeneralAmt |
| Fundraising | $9,059 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,194 | TotalAmt |
| Program Services | $249,626 | ProgramServicesAmt |
| Management And General | $19,056 | ManagementAndGeneralAmt |
| Fundraising | $14,512 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,547 | TotalAmt |
| Program Services | $141,536 | ProgramServicesAmt |
| Management And General | $19,177 | ManagementAndGeneralAmt |
| Fundraising | $14,834 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $517,133 | TotalAmt |
| Program Services | $475,885 | ProgramServicesAmt |
| Management And General | $14,360 | ManagementAndGeneralAmt |
| Fundraising | $26,888 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,855 | TotalAmt |
| Program Services | $18,055 | ProgramServicesAmt |
| Management And General | $2,743 | ManagementAndGeneralAmt |
| Fundraising | $2,057 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,768 | TotalAmt |
| Program Services | $10,877 | ProgramServicesAmt |
| Management And General | $1,652 | ManagementAndGeneralAmt |
| Fundraising | $1,239 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,692 | TotalAmt |
| Program Services | $25,092 | ProgramServicesAmt |
| Management And General | $1,181 | ManagementAndGeneralAmt |
| Fundraising | $1,419 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,122,449 | TotalAmt |
| Program Services | $4,894,930 | ProgramServicesAmt |
| Management And General | $744,058 | ManagementAndGeneralAmt |
| Fundraising | $483,461 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,290 | BOYAmt |
| EOY | $13,670 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,592,477 | BOYAmt |
| EOY | $7,894,703 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,092,469 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,695,390 | BOYAmt |
| EOY | $197,968 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,848 | BOYAmt |
| EOY | $149,658 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $456,627 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $262,816 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,821 | BOYAmt |
| EOY | $193,811 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,051 | BOYAmt |
| EOY | $14,325 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $391,291 | BOYAmt |
| EOY | $391,291 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,741,168 | BOYAmt |
| EOY | $10,947,895 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $637,475 | BOYAmt |
| EOY | $1,042,456 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,398 | BOYAmt |
| EOY | $170,851 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,139 | BOYAmt |
| EOY | $313,713 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,081,012 | BOYAmt |
| EOY | $1,527,020 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,842,518 | BOYAmt |
| EOY | $5,665,059 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,817,638 | BOYAmt |
| EOY | $3,755,816 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,660,156 | BOYAmt |
| EOY | $9,420,875 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,741,168 | BOYAmt |
| EOY | $10,947,895 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,769,812 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$9,093 | 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 | $3,385,484 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,932,120 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,846,020 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,807,075 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,190,794 | CurrentTaxYearAmt |
| Total | $25,161,493 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,385,484 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,932,120 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,846,020 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,807,075 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,190,794 | CurrentTaxYearAmt |
| Total | $25,161,493 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,195,687 | SubstantialContributorsTotAmt |
| Public Support Total170 | $20,965,806 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,268 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,424 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,485 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,001 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,021 | CurrentTaxYearAmt |
| Total | $120,199 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $25,281,692 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,213,224 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.82930 | PublicSupportCY170Pct |
| Public Support PY170 | 0.87440 | 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 | $36,544 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,744 | DepreciationAmt |
| Book Value | $27,800 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $116,956 | OtherCostOrOtherBasisAmt |
| Depreciation | $115,337 | DepreciationAmt |
| Book Value | $1,619 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $303,127 | OtherCostOrOtherBasisAmt |
| Depreciation | $138,735 | DepreciationAmt |
| Book Value | $164,392 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $193,811 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REFUNDABLE ADVANCE | Desc |
| Amt | $313,713 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $313,713 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $7,883,168 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$9,093 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$9,093 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,892,261 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,892,261 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,122,449 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,122,449 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,122,449 | TotalExpensesPerForm990Amt |
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 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 2016 THE CHIEF EXECUTIVE OFFICER RECEIVED $455,955 OF REPORTABLE COMPENSATION AND $810 OF OTHER 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 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 EMPLOYEES INCLUDING CMFG LIFE INSURANCE COMPANY'S COMPENSATION EXPERTS, COMPENSATION AND BENEFITS SURVEYS FROM TOWERS WATSON WORLDWIDE, 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 | CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 695,420. MANAGEMENT AND GENERAL EXPENSES 8,588. FUNDRAISING EXPENSES 58,349. TOTAL EXPENSES 762,357. EMPLOYEE LEASING SERVICES: PROGRAM SERVICE EXPENSES 2,679,664. MANAGEMENT AND GENERAL EXPENSES 607,553. FUNDRAISING EXPENSES 305,086. TOTAL EXPENSES 3,592,303. PRINTING SERVICES: PROGRAM SERVICE EXPENSES 23,281. MANAGEMENT AND GENERAL EXPENSES 1,822. FUNDRAISING EXPENSES 2,048. TOTAL EXPENSES 27,151. PUBLICATION SERVICES: PROGRAM SERVICE EXPENSES 28,856. MANAGEMENT AND GENERAL EXPENSES 356. FUNDRAISING EXPENSES 2,421. TOTAL EXPENSES 31,633. RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 428,523. MANAGEMENT AND GENERAL EXPENSES 2,309. FUNDRAISING EXPENSES 35,955. TOTAL EXPENSES 466,787. |
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