UNIVERSITY OF WISCONSIN CREDIT UNION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF WISCONSIN CREDIT UNION (EIN 39-0671465)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2015-02-27
- IRS object ID
- 201540589349300504
- Schema version
- 2013v4.0
- 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 | 2015-02-27T09:00:03-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 WEST WACKER DRIVE | AddressLine1 |
| Address Line2 | SUITE 2600 | AddressLine2 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606061224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390671465 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF WISCONSIN CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 6082325000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3500 University Ave | AddressLine1 |
| City | Madison | City |
| State | WI | State |
| ZIP Code | 53705 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRAD MCCLAIN | PersonNm |
| Person Title | EXEC VP/CFO | PersonTitleTxt |
| Signature | 2014-10-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KRISTIN FICKER | PreparerPersonNm |
| PTIN | P01254056 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UW CREDIT UNION | BusinessNameLine1 |
Principal Ofcr Business Address PrincipalOfcrBusinessAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL KUNDERT | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3500 University Ave | AddressLine1 |
| City | Madison | City |
| State | WI | State |
| ZIP Code | 53705 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $595,025,098 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.UWCU.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1931 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | THE UNIVERSITY OF WISCONSIN CREDIT UNION IS A FEDERALLY INSURED FINANCIAL INSTITUTION THAT PROVIDES CUSTOMIZED FINANCIAL PRODUCTS AND SERVICES TO MEET THE MONEY MANAGEMENT GOALS OF ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 530 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $2,539,058 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$331,834 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $72,944,924 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $75,854,323 | CYProgramServiceRevenueAmt |
| PY Investment Income | $17,772,072 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,610,705 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$54,401 | PYOtherRevenueAmt |
| CY Other Revenue | -$55,343 | CYOtherRevenueAmt |
| PY Total Revenue | $90,662,595 | PYTotalRevenueAmt |
| CY Total Revenue | $87,409,685 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $400,093 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $150,528 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $27,043,288 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $28,338,902 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $41,582,514 | PYOtherExpensesAmt |
| CY Other Expenses | $42,865,997 | CYOtherExpensesAmt |
| PY Total Expenses | $69,025,895 | PYTotalExpensesAmt |
| CY Total Expenses | $71,355,427 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $21,636,700 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $16,054,258 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,611,815,269 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,746,757,365 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,459,751,663 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,583,773,131 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $152,063,606 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $162,984,234 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF UNIVERSITY OF WISCONSIN CREDIT UNION (UWCU) IS TO ENCOURAGE THRIFT AMONG ITS MEMBERS, TO CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, TO PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS AND TO PERFORM THE FUNCTIONS AND EXERCISE THE POWERS DESIGNATED FOR CREDIT UNIONS UNDER THE APPLICABLE LAW. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | UWCU IS ONE OF DANE COUNTY'S TOP AND FASTEST-GROWING HOME PURCHASE FINANCING LENDERS AND FALLS WITHIN THE TOP TEN IN WISCONSIN AMONG ALL MORTGAGE LENDERS. UWCU CONTINUES TO REACH OUT TO BORROWERS OF ALL INCOME LEVELS. UWCU ALSO CONTINUED TO BE A TOP EDUCATIONAL LENDER IN 2013 TO WISCONSIN UNDERGRADUATE STUDENTS. UWCU WAS ONE OF THE TOP CREDIT UNION AUTO LENDERS IN DANE COUNTY IN 2013 SERVING 9.2% OF THE TOTAL MARKET. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IN 2013, UWCU ADDED 13,271 NEW MEMBERS AND OPENED 13,047 NET NEW CHECKING ACCOUNTS. THE CREDIT UNION'S HONEST AND STRAIGHTFORWARD BUSINESS PRACTICES CONTINUE TO DRIVE MEMBERSHIP AND RELATIONSHIP GROWTH. AT THE END OF 2013, UWCU SERVED NEARLY 189,000 MEMBERS AND NEARLY 146,000 CHECKING ACCOUNTS. IN ADDITION TO CHECKING SERVICES, MEMBERS ALSO CONTINUE TO PLACE DEPOSITS WITH THE CREDIT UNION WITH AVERAGE SAVINGS PER MEMBER GROWING BY 1.3%. UWCU INTRODUCED MOBILE DEPOSIT IN 2013 ALLOWING MEMBERS TO DEPOSIT CHECKS ANYTIME FROM ANYWHERE. MORE THAN 23,000 MEMBERS DEPOSITED 173,000 CHECKS WITHIN THE FIRST SIX MONTHS. UWCU ALSO EXPANDED ITS BRANCH NETWORK, ADDING A FIFTH LOCATION IN MILWAUKEE AND A 13TH LOCATION IN DANE COUNTY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UWCU CONTINUES TO FOCUS ON DELIVERING FINANCIAL SERVICES IN A TRUSTWORTHY MANNER. UWCU CONTINUES TO PROVIDE CREDIT CONSULTATION SERVICES WHICH IS A FREE SERVICE THAT BENEFITS ANY MEMBER. MEMBERS CAN MEET WITH A FINANCIAL SPECIALIST TO REVIEW THEIR CREDIT REPORT, BETTER UNDERSTAND THEIR CREDIT SCORE, OR RESEARCH OPTIONS TO LOWER RATES ON EXISTING LOANS. UWCU OFFERS A FIXED RATE PRIVATE STUDENT LOAN, WHICH IS DESIGNED TO HELP STUDENTS AFFORD COLLEGE EXPENSES AND A CONSOLIDATED PRIVATE STUDENT LOAN, OFFERING A LOW RATE AND ONE EASY PAYMENT FOR MEMBERS THAT HAVE EDUCATIONAL LOANS SPREAD AMONG LENDERS. UWCU OFFERS LOW-LIMIT, LOW-RATE CREDIT CARDS FOR YOUNG ADULTS TO HELP THEM BUILD THEIR CREDIT RESPSONSIBILY, AND AFFORDABLE NO ANNUAL FEE SECURED CREDIT CARDS FOR MEMBERS WHO NEED TO REPAIR THEIR CREDIT. UWCU OFFERS AN OVERDRAFT LINE-OF-CREDIT PROTECTION WITH NO ANNUAL FEE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 63810 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 530 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brad McClain | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6082325000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3500 University Avenue | AddressLine1 |
| City | Madison | City |
| State | WI | State |
| ZIP Code | 53705 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ERNEST HANSON | ||||||||
| DIRECTOR-TREASURER | 3.00 | Yes (X) | Yes (X) | $900 | $0 | $0 | ||
| MARION BROWN | ||||||||
| DIRECTOR-SECRETARY | 2.00 | Yes (X) | Yes (X) | $1,150 | $0 | $0 | ||
| TAD PINKERTON | ||||||||
| DIRECTOR-CHAIR | 3.00 | Yes (X) | Yes (X) | $1,783 | $0 | $0 | ||
| YVONNE EVERS | ||||||||
| DIRECTOR-VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $1,865 | $0 | $0 | ||
| ANN HOYT | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $4,134 | $0 | $0 | |||
| CAROLE DOEPPERS | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $900 | $0 | $0 | |||
| GORDON RIDLEY | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $900 | $0 | $0 | |||
| JEFFREY RUSSELL | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILLIP HELLMUTH | ||||||||
| DIRECTOR - PARTIAL YEAR | 2.00 | Yes (X) | $1,416 | $0 | $0 | |||
| STEVEN RICK | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $1,816 | $0 | $0 | |||
| BRAD MCCLAIN | ||||||||
| EXEC VP/CFO | 50.00 | Yes (X) | $300,878 | $0 | $44,911 | |||
| MAGGIE HERTZ | ||||||||
| EXEC VP/COO - PARTIAL YEAR | 50.00 | Yes (X) | $291,510 | $0 | $27,173 | |||
| PAUL KUNDERT | ||||||||
| PRESIDENT/CEO | 50.00 | Yes (X) | $1,114,528 | $0 | $98,758 | |||
| DAVID MICKELSON | ||||||||
| VP OF RETAIL DELIVERY OPERATIONS | 50.00 | $156,969 | $0 | $18,627 | Yes (X) | |||
| ERIC BANGERTER | ||||||||
| VP OF E-COMMERCE AND INTERNET SERVICES | 50.00 | $163,349 | $0 | $28,373 | Yes (X) | |||
| GREG YELK | ||||||||
| VICE PRESIDENT OF INFORMATION TECHNOLOGY | 50.00 | $213,207 | $0 | $31,027 | Yes (X) | |||
| JULIO RIOS | ||||||||
| ASSOCIATE VICE PRESIDENT OF MORTGAGE LENDING | 50.00 | $209,863 | $0 | $33,335 | Yes (X) | |||
| LEE WIERSMA | ||||||||
| EXEC VP/CHRO | 50.00 | $191,771 | $0 | $34,683 | Yes (X) | |||
| LISA GIRDHARRY | ||||||||
| SENIOR VP & CMO | 50.00 | $156,618 | $0 | $26,899 | Yes (X) | |||
| MIKE LONG | ||||||||
| EXEC VP/CCO | 50.00 | $241,720 | $0 | $34,320 | Yes (X) | |||
| ROB VAN NEVEL | ||||||||
| SENIOR VP & CMSO | 50.00 | $188,871 | $0 | $17,992 | Yes (X) | |||
| CHRISTOPHER OHLY | ||||||||
| MORTGAGE LOAN OFFICER | 44.00 | $198,798 | $0 | $28,312 | Yes (X) | |||
| GLEN SPAETH | ||||||||
| VP & CONTROLLER | 50.00 | $144,604 | $0 | $27,041 | Yes (X) | |||
| JAMES JOHNSON | ||||||||
| DIRECTOR OF COMMUNITY AND CAMPUS RELATIONS | 50.00 | $144,257 | $0 | $10,843 | Yes (X) | |||
| RYAN BONEY | ||||||||
| MORTGAGE LOAN OFFICER | 44.00 | $146,057 | $0 | $26,915 | Yes (X) | |||
| TONY KOECK | ||||||||
| DIRECTOR OF MEMBER SALES AND SERVICE | 50.00 | $141,527 | $0 | $13,187 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,019,391 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $502,396 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 32 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ADAMS OUTDOOR ADVERTISING | |||||
| PO BOX 809140 | CHICAGO | IL | 606809140 | ADVERTISING | $251,459 |
| MORTGAGEBOT LLC | |||||
| 2627 NETWORK PL | CHICAGO | IL | 606731260 | ONLINE LOAN PROCESSING | $243,033 |
| CLEAN POWER | |||||
| 124 N 121ST STREET | WAUWATOSA | WI | 53226 | JANITORIAL SERVICES | $214,935 |
| DARNIEDER AND GERAGHTY | |||||
| 735 N WATER ST STE 930 | MILWAUKEE | WI | 532024105 | LEGAL | $134,106 |
| OPTIMAL BLUE SECONDARY SVCS | |||||
| 110 16TH ST STE 820 | DENVER | CO | 80202 | SECONDARY MARKET SERVICES | $124,271 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | $45,390,252 | $45,390,252 | |
| CARD AND ATM INTERCHANGE | 524298 | $17,742,601 | $17,216,515 | $526,086 |
| SERVICE CHARGES AND FEES | 522100 | $4,586,921 | $4,586,921 | |
| LOAN SERVICING FEES | 522100 | $5,971,166 | $5,035,930 | $935,236 |
| INVESTMENT AND INSURANCE SERVICES | 525100 | $1,077,736 | $1,077,736 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,085,647 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,085,647 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $75,854,323 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,347,936 | TotalRevenueColumnAmt |
| Exclusion | $4,347,936 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $104,707 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $160,050 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$55,343 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$55,343 | TotalRevenueColumnAmt |
| Exclusion | -$55,343 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,992,500 | SecuritiesAmt |
| Other | $492,725,632 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,016,737 | SecuritiesAmt |
| Other | $486,438,626 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $975,763 | SecuritiesAmt |
| Other | $6,287,006 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,262,769 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,227,982 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $34,787 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| Total Revenue ColumnTotalRevenueColumnAmt |
|---|
| $0 |
| $0 |
| $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,409,685 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $80,543,247 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,539,058 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,327,380 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,528 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,640,244 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,871,974 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $975,188 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,027,861 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,823,635 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,832 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,689 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $639,005 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,045,069 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,681,850 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,825,311 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,284,872 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,260 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,324,134 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,061,961 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,178,140 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| LOAN LOSS PROVISION | $4,956,155 |
| LOAN SERVICING EXPENSE | $9,479,623 |
| CARD PROCESSING EXPENSE | $5,263,131 |
| FRAUD FORGERY LOSSES | $573,142 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $867,823 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,355,427 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,398,873 | BOYAmt |
| EOY | $25,373,590 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,754,411 | BOYAmt |
| EOY | $188,500,228 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,018,634 | BOYAmt |
| EOY | $1,923,792 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,101,942,935 | BOYAmt |
| EOY | $1,128,702,324 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,084,713 | BOYAmt |
| EOY | $9,851,963 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $91,804,425 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,549,810 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,828,177 | BOYAmt |
| EOY | $61,254,615 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $25,415,020 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,384,176 | BOYAmt |
| EOY | $274,623,984 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,403,350 | BOYAmt |
| EOY | $31,111,849 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,611,815,269 | BOYAmt |
| EOY | $1,746,757,365 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,994,562 | BOYAmt |
| EOY | $16,142,702 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,615,524 | BOYAmt |
| EOY | $2,788,980 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,792,943 | BOYAmt |
| EOY | $4,461,764 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,433,348,634 | BOYAmt |
| EOY | $1,560,379,685 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,459,751,663 | BOYAmt |
| EOY | $1,583,773,131 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,063,606 | BOYAmt |
| EOY | $162,984,234 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,063,606 | BOYAmt |
| EOY | $162,984,234 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,611,815,269 | BOYAmt |
| EOY | $1,746,757,365 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $16,054,258 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$3,593,267 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,540,363 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,369,386 | OtherCostOrOtherBasisAmt |
| Book Value | $15,369,386 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $833,707 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $44,062,847 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,551,796 | DepreciationAmt |
| Book Value | $36,344,758 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,928,799 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,237,378 | DepreciationAmt |
| Book Value | $691,421 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,024,700 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,595,054 | DepreciationAmt |
| Book Value | $5,429,646 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,584,986 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,165,582 | DepreciationAmt |
| Book Value | $3,419,404 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $61,254,615 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| AGENCY BACKED SECURITIES | $269,363,784 | F |
| FEDERAL HOME LOAN BANK CHICAGO STOCK | $5,260,200 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $274,623,984 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| MEMBER DEPOSITS | $1,555,103,084 |
| OUTSTANDING CASHIERS CHECKS | $5,276,601 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,560,379,685 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part IV, Line 2b, Explanation of escrow agreement | THE CREDIT UNION MAINTAINS REAL ESTATE ESCROW ACCOUNTS USED TO PAY MEMBERS' REAL ESTATE TAXES AND INSURANCE. |
| SCHEDULE D, PART IV, LINE 2B, EXPLANATION OF CREDIT COUNSELING AND DEBT MANAGEMENT SERVICES | UWCU CONTINUES TO PROVIDE CREDIT CONSULTATION SERVICES WHICH IS A FREE SERVICE THAT BENEFITS ANY MEMBER. MEMBERS CAN MEET WITH A FINANCIAL SPECIALIST TO REVIEW THEIR CREDIT REPORT, BETTER UNDERSTAND THEIR CREDIT SCORE, OR RESEARCH OPTIONS TO LOWER RATES ON EXISTING LOANS. UWCU ALSO OFFERS MEMBERS FREE EDUCATION AND ADVICE FROM THE EXPERTS AT BALANCE, A FINANCIAL EDUCATION AND COUNSELING SERVICE COMMITTED TO HELPING INDIVIDUALS AND FAMILIES TAKE CONTROL OF THEIR FINANCES. |
| Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote | THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION DOES, HOWEVER, PAY SALES TAX, PROPERTY TAX, PAYROLL TAXES, AND FEDERAL AND STATE INCOME TAX ON UNRELATED BUSINESS ACTIVITIES. THE INTERNAL REVENUE SERVICE (IRS) AND CERTAIN TAXING AUTHORITIES ARE EVALUATING WHAT, IF ANY, PRODUCTS OR SERVICES PROVIDED BY STATE CHARTERED CREDIT UNIONS OR THEIR CREDIT UNION SERVICE ORGANIZATIONS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). THERE IS CURRENTLY VERY LITTLE GUIDANCE IN THE IRS CODE ON WHAT ACTIVITIES SHOULD BE SUBJECT TO UBIT. THE IRS HAS ISSUED CERTAIN TECHNICAL ADVICE MEMORANDUMS IDENTIFYING CERTAIN ACTIVITIES AS BEING SUBJECT TO UBIT. AS A RESULT, AT THIS TIME THERE IS UNCERTAINTY REGARDING WHETHER STATE CHARTERED CREDIT UNIONS SHOULD PAY INCOME TAX ON CERTAIN TYPES OF NET TAXABLE INCOME FROM ACTIVITIES THAT MAY BE CONSIDERED BY TAXING AUTHORITIES AS UNRELATED TO THE PURPOSE FOR WHICH CREDIT UNIONS WERE GRANTED NON-TAXABLE STATUS. THE TAX LIABILITY RECORDED BY THE CREDIT UNION AS OF DECEMBER 31, 2013 AND 2012 ATTRIBUTED TO UNRELATED BUSINESS ACTIVITIES WAS NOT MATERIAL. A TAX POSITION WILL BE RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT WILL BE RECORDED. THERE IS NO ACCRUAL NECESSARY AT YEAR-END 2013 AND 2012. THE CREDIT UNION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN THE OPERATIONS SECTION OF THE CONSOLIDATED STATEMENT OF INCOME. NO INTEREST OR PENALTIES WERE INCURRED DURING 2013 AND 2012. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF WISCONSIN FOUNDATION | ||||||||||
| 1848 UNIVERSITY AVENUE | MADISON | WI | 537088860 | 390743975 | 501(C)(3) | $73,876 | $0 | N/A | N/A | COMMUNITY OUTREACH SCHOLARSHIPS |
| UNITED WAY OF DANE COUNTY | ||||||||||
| 2059 ATWOOD AVENUE | MADISON | WI | 53704 | 390817532 | 501(C)(3) | $30,000 | $0 | N/A | N/A | COMMUNITY OUTREACH |
| ACCESS COMMUNITY HEALTH CENTERS | ||||||||||
| 2901 W BELTINE HWY STE 120 | MADISON | WI | 53713 | 391391134 | 501(C)(3) | $25,000 | $0 | N/A | N/A | COMMUNITY OUTREACH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | UWCU CONTRIBUTES TO ORGANIZATIONS THAT ARE TAX EXEMPT ORGANIZATIONS. THERE IS NO FORMAL MONITORING OF GRANT FUNDS AS UWCU CONTRIBUTES TO SUPPORT THE GENERAL OPERATIONS OF THESE ORGANIZATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER OHLY | ||||||||||||||
| MORTGAGE LOAN OFFICER | $52,181 | $0 | $146,535 | $0 | $82 | $0 | $13,814 | $0 | $14,498 | $0 | $227,110 | $0 | $0 | $0 |
| LEE WIERSMA | ||||||||||||||
| EXEC VP/CHRO | $138,714 | $0 | $34,951 | $0 | $18,106 | $0 | $14,722 | $0 | $19,961 | $0 | $226,454 | $0 | $0 | $0 |
| GREG YELK | ||||||||||||||
| VICE PRESIDENT OF INFORMATION TECHNOLOGY | $165,395 | $0 | $36,663 | $0 | $11,149 | $0 | $16,517 | $0 | $14,510 | $0 | $244,234 | $0 | $0 | $0 |
| JULIO RIOS | ||||||||||||||
| ASSOCIATE VICE PRESIDENT OF MORTGAGE LENDING | $126,009 | $0 | $78,891 | $0 | $4,963 | $0 | $16,783 | $0 | $16,552 | $0 | $243,198 | $0 | $0 | $0 |
| RYAN BONEY | ||||||||||||||
| MORTGAGE LOAN OFFICER | $37,217 | $0 | $108,818 | $0 | $22 | $0 | $6,418 | $0 | $20,497 | $0 | $172,972 | $0 | $0 | $0 |
| MIKE LONG | ||||||||||||||
| EXEC VP/CCO | $172,384 | $0 | $55,001 | $0 | $14,335 | $0 | $17,943 | $0 | $16,377 | $0 | $276,040 | $0 | $0 | $0 |
| MAGGIE HERTZ | ||||||||||||||
| EXEC VP/COO - PARTIAL YEAR | $196,840 | $0 | $65,522 | $0 | $29,148 | $0 | $13,719 | $0 | $13,454 | $0 | $318,683 | $0 | $0 | $0 |
| PAUL KUNDERT | ||||||||||||||
| PRESIDENT/CEO | $839,543 | $0 | $107,233 | $0 | $167,752 | $0 | $79,206 | $0 | $19,552 | $0 | $1,213,286 | $0 | $408,000 | $0 |
| LISA GIRDHARRY | ||||||||||||||
| SENIOR VP & CMO | $108,968 | $0 | $15,009 | $0 | $32,641 | $0 | $9,871 | $0 | $17,028 | $0 | $183,517 | $0 | $0 | $0 |
| ROB VAN NEVEL | ||||||||||||||
| SENIOR VP & CMSO | $134,568 | $0 | $34,271 | $0 | $20,032 | $0 | $11,601 | $0 | $6,391 | $0 | $206,863 | $0 | $0 | $0 |
| BRAD MCCLAIN | ||||||||||||||
| EXEC VP/CFO | $215,638 | $0 | $59,662 | $0 | $25,578 | $0 | $20,207 | $0 | $24,704 | $0 | $345,789 | $0 | $0 | $0 |
| ERIC BANGERTER | ||||||||||||||
| VP OF E-COMMERCE AND INTERNET SERVICES | $131,006 | $0 | $27,286 | $0 | $5,057 | $0 | $13,276 | $0 | $15,097 | $0 | $191,722 | $0 | $0 | $0 |
| DAVID MICKELSON | ||||||||||||||
| VP OF RETAIL DELIVERY OPERATIONS | $110,934 | $0 | $26,509 | $0 | $19,526 | $0 | $12,154 | $0 | $6,473 | $0 | $175,596 | $0 | $0 | $0 |
| GLEN SPAETH | ||||||||||||||
| VP & CONTROLLER | $114,257 | $0 | $23,482 | $0 | $6,865 | $0 | $10,917 | $0 | $16,124 | $0 | $171,645 | $0 | $0 | $0 |
| JAMES JOHNSON | ||||||||||||||
| DIRECTOR OF COMMUNITY AND CAMPUS RELATIONS | $116,974 | $0 | $20,902 | $0 | $6,381 | $0 | $10,843 | $0 | $0 | $0 | $155,100 | $0 | $0 | $0 |
| TONY KOECK | ||||||||||||||
| DIRECTOR OF MEMBER SALES AND SERVICE | $121,642 | $0 | $15,829 | $0 | $4,056 | $0 | $11,067 | $0 | $2,120 | $0 | $154,714 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a, Travel for companions | AS PRESCRIBED IN THE BOARD GOVERNANCE POLICY, TO PROVIDE FOR THE DEVELOPMENT OF MEMBER ELECTED BOARD MEMBERS, AND BUILD THEIR KNOWLEDGE TO SERVE EFFECTIVELY, EACH DIRECTOR IS EXPECTED TO SEEK OUT EDUCATIONAL AND DEVELOPMENT CONFERENCES AND OPPORTUNITIES FOR THIS PURPOSE. DIRECTORS ARE ENCOURAGED TO PARTICIPATE IN AT LEAST ONE EDUCATIONAL CONFERENCE EVERY TWO YEARS. CONSISTENT WITH THE GUIDANCE OF THE NATIONAL CREDIT UNION ADMINISTRATION AND TO ENCOURAGE DIRECTORS TO TAKE PERSONAL TIME TO ATTEND EDUCATIONAL AND DEVELOPMENTAL MEETINGS, DIRECTORS AS A COURTESY MAY BE REIMBURSED FOR THE REASONABLE COSTS OF THEIR TRAVEL AND ATTENDANCE INCLUDING A GUEST, WHO MAY ACCOMPANY THEM ON CREDIT UNION RELATED TRAVEL. WHILE THE NATIONAL CREDIT UNION ADMINISTRATION HAS INDICATED IN LETTERS 05-FCU-02 THAT THEY DO NOT CONSIDER GUEST TRAVEL TO BE COMPENSATION TO DIRECTORS, FOR TAX REPORTING PURPOSES THE CREDIT UNION DOES ISSUE FORM 1099-MISC RELATED TO GUEST TRAVEL. FOR 2013, THE TOTAL COMPANION TRAVEL PAID BY UWCU FOR SIX OF THEIR DIRECTORS WAS $6,763. |
| Schedule J, Part I, Line 4b, Supplemental nonqualified retirement plan | THE BOARD HAD ESTABLISHED A DEFERRED COMPENSATION PLAN DATED FEBRUARY 26, 2004 (2004 PLAN) FOR THE PRESIDENT AS ALLOWED UNDER INTERNAL REVENUE CODE 457(F). THE PLAN WAS DESIGNED TO COMPENSATE FOR BENEFITS NOT ELIGIBLE UNDER THE 401(K) PLAN AS A RESULT OF LIMITATIONS IMPOSED BY THE IRS ON ALLOWABLE CONTRIBUTIONS, AS WELL AS TO PROVIDE A LONG-TERM INCENTIVE FOR SUSTAINED PERFORMANCE. DEFERRED COMPENSATION EXPENSE UNDER THE 2004 PLAN WAS ACCRUED ANNUALLY, AND FOR 2013 AND 2012 WAS $45,000 AND $65,000, RESPECTIVELY. AS OF AUGUST 25, 2013 THE 2004 PLAN MATURED AND THE ACCUMULATED BALANCE OF THE PLAN TOTALING $548,000 WAS PAID TO THE PRESIDENT. THE BOARD HAS ESTABLISHED A NEW DEFERRED COMPENSATION PLAN DATED JULY 30, 2013 (2013 PLAN). THE 2013 PLAN WAS DESIGNED TO COMPENSATE FOR BENEFITS NOT ELIGIBLE UNDER THE 401(K) PLAN AS A RESULT OF LIMITATIONS IMPOSED BY THE IRS ON ALLOWABLE CONTRIBUTIONS, SOCIAL SECURITY CONTRIBUTION AND RETIREMENT BENEFIT LIMITS, AS WELL AS TO PROVIDE A LONG-TERM INCENTIVE FOR SUSTAINED PERFORMANCE. AT DECEMBER 31, 2013 THE OUTSTANDING LIABILITY UNDER THE PLAN WAS $66,000. CUMULATIVE DEFERRED COMPENSATION PAYABLE TO THE PRESIDENT IS A GENERAL CREDITOR OBLIGATION OF THE CREDIT UNION. FUTURE DISBURSEMENTS (IF ANY) OF THE CUMULATIVE DEFERRED COMPENSATION PAYABLE ARE CONTINGENT ON THE CONDITIONS ESTABLISHED BY THE PLAN. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Sec A, Line 6, Classes of members or stockholders | ALL MEMBERS OF THE CREDIT UNION ARE GIVEN ONE VOTE IN ELECTION OF BOARD MEMBERS, OR THE APPROVAL OF SIGNIFICANT DECISIONS, WITHOUT PREFERENCE TO THE AMOUNT OF FUNDS THEY HAVE ON DEPOSIT WITH THE CREDIT UNION. |
| Form 990, Part VI, Sec A, Line 7a, Members or stockholders electing members of governing body | THE UNIVERSITY OF WISCONSIN CREDIT UNION IS A MEMBER OWNED COOPERATIVE BUSINESS ORGANIZATION, GOVERNED BY A NINE MEMBER BOARD OF DIRECTORS. THE BOARD IS COMPRISED OF ACTIVE MEMBERS OF THE CREDIT UNION WHO ARE SELECTED BY THE MEMBERSHIP THROUGH A DEMOCRATIC ELECTION PROCESS. |
| Form 990, Part VI, Sec A, Line 7b, Decisions requiring approval by members or stockholders | AT ANY MEMBERSHIP MEETING, A MAJORITY OF THE MEMBERS PRESENT MAY DIRECT THE BOARD TO CONSIDER POLICIES PROPOSED BY THE MEMBERS, OR RECONSIDER ANY DECISION OF THE DIRECTORS, OFFICERS, OR COMMITTEES. FURTHERMORE, THE MEMBERS MUST APPROVE OF ANY CONSOLIDATIONS OR MERGERS. |
| Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body | THE CEO, CFO AND CONTROLLER PERFORM A THOROUGH REVIEW OF THE DRAFT FORM 990 PRIOR TO THE FULL BOARD REVIEW. A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE AND THE PAID TAX PREPARER PRESENTS EXCERPTS FROM THE RETURN. A FINAL COPY OF THE RETURN IS PROVIDED TO THE FULL BOARD PRIOR TO FILING THE RETURN WITH THE IRS. |
| Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy | BOARD MEMBERS, OFFICERS AND EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTERESTS THEY MAY HAVE WITH THE ORGANIZATION. THE CHIEF HUMAN RESOURCE OFFICER REVIEWS EACH POLICY STATEMENT SIGNED BY THESE INDIVIDUALS TO DETERMINE IF ANY CONFLICTS HAVE OCCURRED AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN HIM/HERSELF FROM ANY RELATED DISCUSSION, VOTE OR SIMILAR ACTION ON THE MATTER. |
| Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official | AS PROVIDED BY THE BYLAWS, THE PRESIDENT IS THE CHIEF EXECUTIVE OFFICER AND THE TOP MANAGEMENT OFFICIAL. THE PRESIDENT SERVES AT THE PLEASURE OF THE BOARD OF DIRECTORS. AS PRESCRIBED BY THE BYLAWS THE BOARD OF DIRECTORS SETS THE COMPENSATION OF THE PRESIDENT. THE BOARD HAS EXECUTED A FORMAL EMPLOYMENT AGREEMENT WITH THE PRESIDENT, WHICH PROVIDES THAT EITHER PARTY MAY TERMINATE THE AGREEMENT AT ANY TIME. PER THE TERMS OF THE CONTRACT, THE BOARD SETS THE COMPENSATION OF THE PRESIDENT USING INDEPENDENTLY OBTAINED DATA TO BENCHMARK THE MARKET VALUE OF THE POSITION, WHICH WAS LAST UNDERTAKEN IN 2013. ALL EMPLOYEES OF THE CREDIT UNION, INCLUDING THE PRESIDENT, ARE ELIGIBLE TO RECEIVE A BASE PAY AS WELL AS A VARIABLE PAY BONUS BASED ON THE ATTAINMENT OF ORGANIZATIONAL GOALS, WHICH INCLUDE MEMBER SATISFACTION AND FINANCIAL STEWARDSHIP. THE PRESIDENT RECEIVES THE SAME LIFE, MEDICAL, DISABILITY, AND DENTAL INSURANCE, AND 401(K) BENEFITS THAT ARE AVAILABLE TO ALL FULL-TIME EMPLOYEES OF THE CREDIT UNION. THE PRESIDENT IS PROVIDED WITH OTHER BENEFITS WHICH INCLUDE A SUPPLEMENTAL DISABILITY INSURANCE POLICY, AND IS PROVIDED A COMPANY AUTOMOBILE AVAILABLE FOR PERSONAL USE. THE ANNUAL VALUE OF THESE SUPPLEMENTAL BENEFITS INCLUDED IN SCHEDULE J PART II IS $8,946. THE BOARD OF DIRECTORS' DELIBERATIONS AND DETERMINATIONS REGARDING COMPENSATION ARE RECORDED ON A TIMELY BASIS IN THE MINUTES OF THEIR MEETINGS. |
| FORM 990, PART VI, LINE 15B, PROCESS TO ESTABLISH COMPENSATION - OFFICERS & KEY EMPLOYEES | THE CHIEF EXECUTIVE OFFICER OF THE CREDIT UNION APPROVES THE COMPENSATION OF ALL SUBORDINATE OFFICERS OF THE CREDIT UNION. CONSISTENT WITH ALL OTHER CREDIT UNION EMPLOYEE POSITIONS, THE CREDIT UNION FOLLOWS A COMPENSATION SYSTEM THAT ASSIGNS A POSITION GRADE AND SALARY RANGE FOR EACH POSITION. AT LEAST BI-ANNUALLY, INDEPENDENT BENCHMARK DATA FROM AT LEAST TWO SOURCES IS OBTAINED. BASED ON THE MEDIAN OF THE BLENDED BENCHMARKS, POSITIONS ARE ASSIGNED TO A SALARY GRADE. FOR SUBORDINATE OFFICERS, COMPENSATION ADJUSTMENTS CAN BE MADE BY THE CHIEF EXECUTIVE OFFICER BASED ON INDIVIDUAL PERFORMANCE WITHIN THE CONFINES OF THE ESTABLISHED SALARY GRADE. ALL EMPLOYEES OF THE CREDIT UNION, INCLUDING THE OFFICERS SUBORDINATE TO THE CHIEF EXECUTIVE OFFICER, ARE ELIGIBLE TO RECEIVE BASE PAY AS WELL AS A VARIABLE PAY BONUS BASED ON THE ATTAINMENT OF ORGANIZATIONAL GOALS AND INDIVIDUAL PERFORMANCE, WHICH INCLUDE MEMBER SATISFACTION, AND FINANCIAL STEWARDSHIP. THE VARIABLE PAY POTENTIAL BONUS POOL FUNDS ARE APPROVED BY THE BOARD OF DIRECTORS. EMPLOYEES, INCLUDING OFFICERS SUBORDINATE TO THE CHIEF EXECUTIVE OFFICER, PARTICIPATE IN THE BONUS POOL BASED ON THEIR INDIVIDUAL PERFORMANCE AND SALARY GRADE. THE OFFICERS SUBORDINATE TO THE CHIEF EXECUTIVE OFFICER RECEIVE THE SAME LIFE, MEDICAL, AND DENTAL INSURANCE, AND 401(K) BENEFITS THAT ARE AVAILABLE TO ALL FULL-TIME EMPLOYEES OF THE CREDIT UNION. |
| Form 990, Part VI, Sec C, Line 19, Required documents available to the public | THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE CREDIT UNION'S PUBLIC WEBSITE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE TO EMPLOYEES OF THE CREDIT UNION ON THE INTERNAL INTRANET AND IS REQUIRED TO BE REVIEWED AND SIGNED BY THEM ANNUALLY; THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC. |
| FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (D), BOARD COMPENSATION POLICY | AS A CONVENIENCE TO UW CREDIT UNION, AND TO MINIMIZE THE CREDIT UNION'S ADMINISTRATIVE BURDEN RELATED TO PROCESSING AND PAYING INCIDENTAL OUT-OF-POCKET EXPENSES SUCH AS TELEPHONE, LOCAL MILEAGE, PARKING, COPYING, POSTAGE, AND SUPPLIES ASSOCIATED WITH DUTIES OF THE BOARD DIRECTOR POSITIONS, THE BOARD HAS IMPLEMENTED A POLICY OF PER DIEM REIMBURSEMENT OF EXPENSE. DIRECTORS ARE REIMBURSED $75 PER MONTH FOR AN ANNUAL TOTAL OF $900 PER DIRECTOR. |
| Form 990 , Part XI, Line 9, Other changes in net assets or fund balances | MORTGAGE MARKET HEDGING VALUATION - -1540363; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CU CAMPUS RESOURCES LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3500 UNIVERSITY AVE | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53705 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272613828 | EIN |
| Primary Activities | CUSTOMIZED STUDENT LOAN PROGRAMS | PrimaryActivitiesTxt |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Total Income | $1,457,524 | TotalIncomeAmt |
| End Of Year Assets | $807,075 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UWCU | BusinessNameLine1 |
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