2011-06-23T12:01:27-05:00 2010-12-31 WIPFLI LLP 7601 FRANCE AVENUE SOUTH SUITE 400 MINNEAPOLIS MN 55435 990 2010-01-01 390823125 WESTCONSIN CREDIT UNION WEST 7152353403 3333 SCHNEIDER AVENUE SE PO BOX 160 MENOMONIE WI 54751 GREG LENTZ 7152353403 2011-06-20 1 RICHARD RUVELSON 9525483400 2011-06-20 2010 2016-03-07 17:11:31Z GREG LENTZ 3333 SCHNEIDER AVENUE MENOMONIE WI 54751 49192584 0 2157 X WESTCONSINCU.ORG X 1939 WI THE ORGANIZATION IS A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED UNDER WISCONSIN STATE LAW TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. 7 7 324 9 1021320 -174534 0 0 42286349 42735233 4789724 4358440 1190870 1065851 48266943 48159524 0 0 0 0 14541250 15437320 0 0 0 29415699 29219539 43956949 44656859 4309994 3502665 646372395 702215861 580564901 633168132 65807494 69047729 X THE ORGANIZATION IS A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED UNDER WISCONSIN STATE LAW TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. 0 0 PROVIDED LOW-COST FINANCIAL SERVICES TO 66,045 MEMBERS. SERVED MEMBERS' INTERESTS BY ACCEPTING DEPOSITS, GRANTING LOANS, AND INVESTING EXCESS FUNDS IN A PRUDENT MANNER. PROVIDED OVER 19,000 LOANS FOR OVER $247 MILLION TO MEMBERS. 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 27353 0 324 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X LORA BENRUD 7152353403 3333 SCHNEIDER AVENUE MENOMONIE WI 54751 DAVE MAVES 2.00 X X 6000 0 967 GERALD WOLF 2.00 X X 6000 0 967 LYNN BRANTNER 2.00 X X 6000 0 967 RITA LUNDERVILLE 2.00 X X 6000 0 967 DALE DAHLKE 2.00 X 5000 0 967 COLLEEN MENSING 2.00 X 6000 0 967 TODD LEIPNITZ 2.00 X 6000 0 967 GREG LENTZ 40.00 X X 278572 0 57584 LEO SCHINDLER 40.00 X 140754 0 36053 LORA BENRUD 40.00 X 141388 0 38178 MIKE SCHMITZ 40.00 X 140034 0 36053 JAY FAHL 40.00 X 124804 0 35659 JEFFREY MCCARDLE 40.00 X 125945 0 52100 LISA ZIEBARTH 40.00 X 142141 0 39915 1134638 0 302311 7 0 1 0 CRAIG PECHACEK 3333 SCHNEIDER AVENUE SE PO BOX 160 MENOMONIE WI 54751 REAL ESTATE BROKER 154048 1 LOAN INTEREST INCOME 522100 32554071 32554071 FEE INCOME 522100 9240801 9201927 38874 MORTGAGE SERVICING INC 900099 785178 785178 MEMBER FINANCIAL INCOM 525990 155183 155183 42735233 454868 454868 83405 83405 83405 83405 4936632 1033060 3903572 3903572 3903572 REALTY COMMISSION INCO 531390 982446 982446 982446 48159524 46683336 1021320 454868 1436949 9602656 1072121 2504006 821588 254617 58672 1111336 1884935 3289474 1075792 205447 1018340 131433 DIVIDENDS ON MEMBER ACC 9356834 PROVISION FOR LOAN LOSS 5327759 LOAN SERVICING EXPENSE 3071038 NCUSIF FEES 1445622 REALTY COMMISSIONS 658805 329435 44656859 3728709 3755577 90703604 119819134 526644271 549991631 323185 292389 22741596 10865733 12248063 11875863 10100 10100 12714463 16471167 646372395 702215861 3973164 5086810 576591737 628081322 580564901 633168132 X 0 0 0 0 65807494 69047729 65807494 69047729 646372395 702215861 X 3502665 -262430 X 0 0 0 3166865 3166865 11522874 4517019 7005855 8051857 6348714 1703143 11875863 DEPOSITS 628081322 628081322 48159524 44656859 3502665 -262430 -262430 3240235 SCHEDULE D, PAGE 4, PART XI, LINE 8: HEALTH INSURANCE FOR FUTURE RETIREES WAS RECORDED AS A DEBIT TO EQUITY (OTHER COMPREHENSIVE INCOME) IN THE AMOUNT OF $262,430. X X X 0 0 0 GREG LENTZ 278572 0 0 0 0 0 0 0 57584 0 336156 0 0 0 LEO SCHINDLER 140754 0 0 0 0 0 0 0 36053 0 176807 0 0 0 LORA BENRUD 141388 0 0 0 0 0 0 0 38178 0 179566 0 0 0 MIKE SCHMITZ 140034 0 0 0 0 0 0 0 36053 0 176087 0 0 0 JAY FAHL 124804 0 0 0 0 0 0 0 35659 0 160463 0 0 0 JEFFREY MCCARDLE 125945 0 0 0 0 0 0 0 52100 0 178045 0 0 0 LISA ZIEBARTH 142141 0 0 0 0 0 0 0 39915 0 182056 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS IN COMMUNITIES LOCATED IN WESTERN WISCONSIN. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B SOME DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS OF ORGANIZTION. FORM 990, PART VI, SECTION B, LINE 11 THE ACCOUNTING MANAGER ACCUMULATES ALL 990 AND 990T INFORMATION, INCLUDING THE UBIT CALCULATIONS. THESE DOCUMENTS ARE REVIEWED BY THE VP-FINANCE. THE 990 AND THE 990T ARE REVIEWED BY THE GOVERNING BODY AND SENIOR MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE GOVERNING BODY AND THE POLICY IS REVIEWED ANNUALLY BY EMPLOYEES. THE GOVERNING BODY VERIFIES EMPLOYEES ARE IN COMPLIANCE WITH CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION RECEIVES SEVERAL ANNUAL SALARY SURVEYS AND SUBSCRIBES TO SERVICES FROM A COMPANY SPECIALIZING IN COMPENSATION TO REVIEW PAY STRUCTURE AND CONTINUALLY PROVIDE THE CREDIT UNION WITH ANNUAL PAY COMPARISONS TO SIMILAR POSITIONS IN THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: OTHER COMPREHENSIVE INCOME - RETIREE HEALTH INSURANCE -262,430. TOTAL TO FORM 990, PART XI, LINE 5: -262,430. WESTCONSIN REALTY LLC 3333 SCHNEIDER AVENUE SE PO BOX 160 MENOMONIE WI 54751 200157525 REAL ESTATE BROKERAGE SERVICES WI 982446 329750 WESTCONSIN CREDIT UNION