2023-09-15T10:23:37-05:00 2022-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2022-01-01 260819612 WISCONSIN CREDIT UNION FOUNDATION INC WISC 8002420833 1 E MAIN ST 101 MADISON WI 537035109 BRETT THOMPSON PRESIDENT & CEO 8002420833 2023-09-11 1 BRETT THOMPSON 999009999 0 JENNY TARKOWSKI CPA P00634290 6082744020 2023-09-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRETT THOMPSON 1 E MAIN ST 101 MADISON WI 537035109 277066 0 X WWW.THELEAGUE.COOP/FOUNDATION X 2007 WI FOUNDATION RESOURCES PROMOTE CREDIT UNION DEVELOPMENT, HELP EDUCATE CREDIT UNION STAFF AND VOLUNTEERS, SUPPORT PROGRAMMING TO ENHANCE FINANCIAL LITERACY, AND SUPPORT THE CREDIT UNION SYSTEM IN TIMES OF NEED. 7 6 0 20 0 0 171368 204172 17470 19691 2987 2608 -2920 -16218 188905 210253 100643 113928 0 0 0 0 0 0 0 47208 62954 147851 176882 41054 33371 779314 828770 23230 39315 756084 789455 X FOUNDATION RESOURCES PROMOTE CREDIT UNION DEVELOPMENT, HELP EDUCATE CREDIT UNION STAFF AND VOLUNTEERS, SUPPORT PROGRAMMING TO ENHANCE FINANCIAL LITERACY, AND SUPPORT THE CREDIT UNION SYSTEM IN TIMES OF NEED. 0 0 70180 70180 0 THE FOUNDATION AWARDED GRANTS TOTALING $70,180 TO 8 WISCONSIN CREDIT UNIONS IN NEED OF SUPPORT FOR TECHNOLOGY AND OPERATIONS RELATED EXPENSES AND UPGRADES THAT WILL MEASURABLY ASSIST THE CREDIT UNION IN SERVING ITS MEMBERS. 56190 0 19691 THE FOUNDATION INVESTED IN THE FINANCIAL COUNSELING CERTIFICATION PROGRAM (FICEP) THAT CREDENTIALED 12 INDIVIDUALS AS CREDIT UNION CERTIFIED FINANCIAL COUNSELORS (CCUFCS), BRINGING THE PROGRAM TOTAL TO OVER 250. IN ADDITION, MORE THAN 40 INDIVIDUALS COMPLETED THE RE-CERTIFICATION PROCESS. THE FOUNDATION ENGAGED WITH SYSTEM PARTNERS TO FACILITATE FICEP. THE PROGRAM USED THE CREDIT UNION NATIONAL ASSOCIATION'S EXISTING FICEP TRAINING, WHICH INVOLVES SELF-STUDY AND A SERIES OF WEBINARS, AND ENHANCED IT WITH ADDITIONAL PROGRAM CONTENT. THE ADDITIONAL CONTENT OFFERED INSIGHTS TO HELP PARTICIPANTS INTEGRATE COUNSELING ACROSS MULTIPLE TOUCH-POINTS WITH MEMBERS, THEREBY BROADENING THE SCOPE AND EFFECTIVENESS OF THEIR EFFORT. FUNDS FROM THE FOUNDATION CUT THE COST OF PARTICIPATION BY MORE THAN HALF. 17896 17896 0 THE FOUNDATION PROVIDED $17,896 TO THE NATIONAL CREDIT UNION FOUNDATION FOR DISASTER RELIEF ASSISTANCE. 17500 17500 0 THE FOUNDATION AWARDED $17,500 IN THE DIFFERENCE GRANTS TO CREDIT UNIONS TO IMPLEMENT INNOVATIVE SERVICES AND PROGRAMS TO HELP BUILD FINANCIALLY STRONG, SELF-SUPPORTING FAMILIES AND COMMUNITIES IN WISCONSIN. 8352 8352 0 THE FOUNDATION PROVIDED OVER $8,352 IN SCHOLARSHIPS TO CREDIT UNION EMPLOYEES TO FURTHER THEIR PROFESSIONAL DEVELOPMENT IN ORDER TO BETTER SERVE THEIR MEMBERS. 25852 25852 0 170118 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 WI X BETH ELLIS 8002420833 1 E MAIN ST STE 101 MADISON WI 537035109 KEVIN HAUSER CHAIR 0.19 X X 0 0 0 CHRIS FELTON TREASURER 0.19 X X 0 0 0 LORA BENRUD SECRETARY 0.19 0.30 X X 0 0 0 BRETT THOMPSON DIRECTOR 0.19 40.00 X X 0 927708 41387 LISA PALMA DIRECTOR 0.19 X 0 0 0 BRANDON RIECHERS DIRECTOR 0.19 0.30 X 0 0 0 KIM SPONEM DIRECTOR 0.19 X 0 0 0 0 927708 41387 0 0 1 0 0 80495 123677 204172 FINANCIAL LITERACY REG 900099 9525 9525 EXPLORING WHY WORKSHOP 900099 5166 5166 BITE OF REALITY 900099 5000 5000 19691 2608 2608 42526 80495 62323 -19797 -19797 8069 4490 3579 3579 210253 19691 0 -13610 105576 105576 8352 8352 3880 3880 2729 2729 56190 56190 155 155 176882 170118 6764 0 185757 220293 571755 574855 7400 3092 337 16097 14065 14433 779314 828770 6648 8947 14082 17018 2500 13350 23230 39315 X 756084 789455 756084 789455 779314 828770 33371 0 X 0 1 X 1 0 X 106847 108117 131601 171369 204172 722106 10874 17470 19691 48035 40967 43020 28113 8297 50595 170992 147814 151137 170588 197136 274458 941133 0 0 0 941133 5012 4658 4337 2987 2608 19602 5012 4658 4337 2987 2608 19602 152826 155795 174925 200123 277066 960735 0.97960 0.97360 0.02040 0.02640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO W.C.U.L. SERVICES CORP 13350 13350 CU DAY 47233 21500 25733 839 22603 3813 186 GOLF OUTING 43715 30000 13715 8946 8740 5820 632 2 32073 28995 3078 4005 4645 2094 123021 80495 42526 4005 14430 8740 28423 3813 2912 62323 -19797 1 1 BRANTWOOD CREDIT UNION W1505 US-8 BRANTWOOD WI 54513 501(C)(14) 10500 0 UPGRADES TO THE CREDIT UNION HVAC SYSTEM BROKAW CREDIT UNION 2006 SCHOFIELD AVE SCHOFIELD WI 54476 390936429 501(C)(14) 11000 0 UPGRADES TO THE CREDIT UNION SECURITY SYSTEM GLACIER HILLS CREDIT UNION 2150 S MAIN ST WEST BEND WI 53095 390803157 501(C)(14) 7500 0 FOR A NEW PATH, THEIR CREDIT IMPROVEMENT/FINANCIAL WELLNESS PROGRAM FOR MEMBERS STRUGGLING WITH POSITIVE MONTHLY CASH FLOW LA CROSSE-BURLINGTON CREDIT UNION 1735 CREDIT UNION CT LA CROSSE WI 54603 390909267 501(C)(14) 6680 0 IMPROVEMENTS TO WEBSITE AND SECURITY IMPROVEMENTS RACINE MUNICIPAL EMPLOYEES CREDIT UNION 1907 LATHROP AVE RACINE WI 53405 396049917 501(C)(14) 15000 0 ADD INSTANT ISSUE DEBIT CARDS SHEBOYGAN AREA CREDIT UNION 1707 INDIANA AVE SHEBOYGAN WI 53081 390931439 501(C)(14) 10000 0 IMPROVEMENTS TO THE CREDIT UNION WEBSITE VERVE A CREDIT UNION PO BOX 3046 OSHKOSH WI 54903 390711674 501(C)(14) 10000 0 FOR FRAUD SQUAD, A PARTNERSHIP WITH LOCAL LAW ENFORCEMENT AND CREATIVE PARTNERS TO CURB EFFECTS OF FRAUD AND SCAMS WISCONSIN MEDICAL CREDIT UNION 1677 S WEBSTER AVE GREEN BAY WI 54301 396084960 501(C)(14) 8400 0 CREATION OF TARGETED MARKETING PROGRAM 0 8 SCHOLARSHIPS 4 8352 PART I, LINE 2: THE GRANT RECIPIENT IS REQUIRED TO SUBMIT A WRITTEN REPORT TO THE FOUNDATION DETAILING HOW THE GRANT FUNDS WERE USED AND WHAT WAS ACCOMPLISHED. THE REPORT MUST INCLUDE A STATEMENT OF EXPENDITURES AND ANY UNEXPENDED CASH BALANCE IS TO BE RETURNED TO THE FOUNDATION. THE WRITTEN REPORTS ARE DUE WITHIN ONE YEAR OF THE GRANT BEING AWARDED. 0 1 0 0 0 0 0 0 0 BRETT THOMPSON DIRECTOR 0 492163 0 392450 0 43095 0 41387 0 0 0 969095 0 0 PART I, LINE 4B WISCONSIN CREDIT UNION LEAGUE HAS ESTABLISHED A DEFERRED COMPENSATION PLAN FOR THE PRESIDENT & CEO, BRETT THOMPSON, WHICH PROVIDES PAYMENT IN ACCORDANCE WITH THE PROVISIONS OF IRC SECTION 457(F). DURING 2022, WISCONSIN CREDIT UNION LEAGUE CONTRIBUTED $65,625 TO THE 457(F) PLAN. FORM 990, PART VI, SECTION A, LINE 6 THE WISCONSIN CREDIT UNION LEAGUE, A WISCONSIN NONPROFIT CORPORATION, IS THE SOLE MEMBER OF THE FOUNDATION. THE LEAGUE HAS THE SOLE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. IT EXERCISES ITS MEMBERSHIP RIGHTS THROUGH ITS GOVERNING BODY, WHICH MAY BY RESOLUTION AUTHORIZE ONE OR MORE OF ITS OFFICERS OR ANY OTHER PERSON SO DESIGNATED IN THE RESOLUTION TO EXERCISE ITS VOTES ON ANY MEMBER MATTER. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S DIRECTORS ARE APPOINTED BY THE DIRECTORS OF WISCONSIN CREDIT UNION LEAGUE, WHO ARE ELECTED BY THE LEAGUE'S MEMBER CREDIT UNIONS. THE APPOINTED DIRECTORS SERVE A ONE-YEAR TERM AND CAN SERVE NO MORE THAN NINE CONSECUTIVE TERMS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE PRIOR AUTHORIZATION OR APPROVAL OF THE GOVERNING BODY OF WISCONSIN CREDIT UNION LEAGUE: A) MERGER, CONSOLIDATION OR DISSOLUTION OF THE FOUNDATION; B) AMENDMENT OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS OF THE FOUNDATION; C) SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, THE PROPERTY AND ASSETS OF THE FOUNDATION; D) ESTABLISHMENT, FORMATION, ACQUISITION, MERGER, CONSOLIDATION, OR DISSOLUTION OF ANY SUBSIDIARY CORPORATION OF THE FOUNDATION; E) ADOPTION OF THE ANNUAL OPERATING AND CAPITAL BUDGETS OF THE FOUNDATION; F) APPROVAL OF AGGREGATE BORROWINGS NOT PREVIOUSLY INCLUDED IN THE OPERATING AND/OR CAPITAL BUDGETS, INCLUDING BUT NOT LIMITED TO LEASE AGREEMENTS AND CONTRACTS FOR SALE; G) PURCHASE, SALE, LEASE, DISPOSITION, HYPOTHECATION, EXCHANGE, GIFT, PLEDGE, AND ENCUMBRANCE OF ANY ASSETS; H) APPOINTMENT OF ANY INDEPENDENT AUDITOR OR CORPORATE COUNSEL; I) AUTHORIZATIONS RELATED TO INDEMNIFICATION UNDER THE BYLAWS; J) ANY ACTION THAT WOULD AFFECT THE TAX-EXEMPT STATUS OF EITHER THE FOUNDATION OR LEAGUE; AND K) ACTION ON ANY MATTER THAT IS DETERMINED TO BE UNDER THE CONTROL OF THE LEAGUE UNDER THE ARTICLES OF INCORPORATION, THE BYLAWS, OR THE WISCONSIN STATUTES. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE WISCONSIN CREDIT UNION LEAGUE SVP-FINANCE & STRATEGIC PARTNERSHIPS. MANAGEMENT PROVIDES THE FORM TO THE MEMBERS OF THE GOVERNING BODY FOR REVIEW AT THE REGULAR MEETING OF THE GOVERNING BODY AFTER THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. WISCONSIN CREDIT UNION LEAGUE 1 E MAIN ST STE 101 MADISON WI 537035109 390712580 ASSOCIATION OF CREDIT UNIONS WI 501(C)(6) N/A 0 WCUL SERVICES CORP 1 E MAIN ST STE 101 MADISON WI 537035109 391127312 SERVICES TO WISCONSIN CREDIT UNIONS WI N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0