2023-05-12T11:48:47-05:00 2022-12-31 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-01-01 391383650 NATIONAL CREDIT UNION FOUNDATION NATI 6082315771 5710 MINERAL POINT ROAD PO BOX 4 MADISON WI 53705 CHRISTIANE G HYLAND EXECUTIVE DIRECTOR 6082315771 2023-05-01 1 CHRISTIANE HYLAND XXX-XX-XXXX 0 LAWRENCE H MOHR CPA P00447603 6128764500 2023-04-24 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTIANE G HYLAND 99 M STREET SE SUITE 300 SE WASHINGTON DC 20003 6796052 0 X WWW.NCUF.COOP X 1980 WI A CATALYST TO IMPROVE PEOPLE'S FINANCIAL LIVES THROUGH CREDIT UNIONS. 17 17 13 18 0 0 3871908 5538384 345663 744438 1480368 217789 124008 -31460 5821947 6469151 957686 974328 0 0 1788398 2274581 0 0 297565 712923 1134810 3459007 4383719 2362940 2085432 11658239 12602640 837041 857849 10821198 11744791 X THE FOUNDATION'S VISION IS TO MAKE FINANCIAL FREEDOM ACHIEVABLE THROUGH CREDIT UNIONS. WE DO THIS THROUGH THREE PRIMARY PILLARS OF WORK: 1. IGNITING CREDIT UNIONS TO PLACE EMPLOYEE, MEMBER AND COMMUNITY FINANCIAL WELL-BEING AT THE CENTER OF THEIR STRATEGY BY FUNDING CATALYTIC GRANTS, HOLDING CONVENINGS, OFFERING RESOURCES AND TOOLS TO IGNITE CREDIT UNIONS TO CENTER THEIR STRATEGY ON FINANCIAL WELL-BEING FOR ALL 2. INSPIRING CREDIT UNIONS TO LEVERAGE THEIR COOPERATIVE VALUES TO REINFORCE AN ORGANIZATIONAL CULTURE THAT EMPOWERS AND MOTIVATES EMPLOYEES BY CELEBRATING, DEVELOPING AND HELPING RETAIN TALENT AT CREDIT UNIONS BY OFFERING EDUCATION AND ENGAGEMENT OPPORTUNITIES THAT ALIGN PURPOSE WITH ACTION 3. RESPONDING WHEN DISASTER STRIKES AND HELPING CREDIT UNIONS INCREASE THEIR BUSINESS RESILIENCY THROUGH THE COOPERATIVE VALUE OF "PEOPLE HELPING PEOPLE" BY ASSISTING THE CREDIT UNION COMMUNITY TO CONTINUE SERVING MEMBERS WHEN DISASTER STRIKES THROUGH FUNDRAISING, GRANT MAKING AND RESOURCES 1 0 658177 591951 DISASTER RELIEF: THROUGH THE NATIONAL CREDIT UNION FOUNDATION'S DISASTER RELIEF FUND & CUAID INITIATIVE, THE FOUNDATION CAN QUICKLY RESPOND WHEN DISASTERS STRIKE BY HARNESSING THE COLLECTIVE GENEROSITY OF CREDIT UNIONS, INDIVIDUALS AND OTHER STAKEHOLDERS. CUAID RAISES DONATIONS THAT SUPPORT CREDIT UNION EMPLOYEES AND VOLUNTEERS WHO ARE IMPACTED BY A DISASTER. THE FOUNDATION COORDINATES WITH THE STATE FOUNDATION/LEAGUE PARTNERS WITHIN THE GEOGRAPHIC AREA WHERE THE DISASTER HAPPENS TO ASSESS AND RESPOND TO NEEDS. MORE INFORMATION IS AVAILABLE AT: 2020 DISASTER RELIEF PLAY BOOK (NCUF.COOP). 965251 53372 744438 CREDIT UNION DEVELOPMENT EDUCATION (DE) PROGRAM: THE DE PROGRAM IS AN EDUCATION PROGRAM FOR ESTABLISHED AND EMERGING LEADERS WITHIN THE CREDIT UNION MOVEMENT. THIS PROGRAM EXPLORES HOW CREDIT UNIONS CAN LEVERAGE THEIR UNIQUE BUSINESS MODEL TO SOLVE CORE DEVELOPMENT ISSUES THAT PREVENT THE PROSPERITY AND FINANCIAL WELL-BEING OF THEIR MEMBERS AND COMMUNITIES. PARTICIPANTS TAKE PART IN A NUMBER OF LESSONS, ACTIVITIES AND GROUP PROJECTS TO DEMONSTRATE EFFECTIVE LEARNING AND POTENTIAL FOR APPLICATION. UPON COMPLETION, ATTENDEES EARN THEIR CREDIT UNION DEVELOPMENT EDUCATOR (CUDE) DESIGNATION. THE DE PROGRAM IS OFFERED AS AN IN-PERSON AND ONLINE TRAINING. SINCE 1982, MORE THAN 2,500 CREDIT UNION PROFESSIONALS HAVE EARNED THEIR CUDE DESIGNATION AND USED THIS NEW KNOWLEDGE TO IMPROVE THE QUALITY OF LIFE FOR THEIR MEMBERS, COLLEAGUES AND COMMUNITIES AROUND THE GLOBE. MORE INFORMATION IS AVAILABLE AT: DE PROGRAM INFORMATION (NCUF.COOP). 1037538 230957 FINANCIAL WELL-BEING FOR ALL AND GRANT MAKING: THE NATIONAL CREDIT UNION FOUNDATION FUNDS THE EFFORTS OF CREDIT UNIONS AND OTHER NON-PROFIT ORGANIZATIONS TO MEASURE AND IMPROVE FINANCIAL HEALTH AND WELL-BEING FOR ALL. THROUGH IMPACT AND INNOVATIVE GRANTMAKING, CONVENINGS AND CONFERENCES, THE FOUNDATION HAS ASSEMBLED A ROBUST SUITE OF TOOLS AND CASE STUDIES TO HELP CREDIT UNIONS MEASURE FINANCIAL WELL-BEING, BUILD A STRATEGY, AND TAKE ACTION TO MOVE PEOPLE UP A PATH TO FINANCIAL FREEDOM. MORE INFORMATION IS AVAILABLE AT: MAKING FINANCIAL WELL-BEING FOR ALL A REALITY (NCUF.COOP). 395312 98048 OTHER PROGRAMS. 395312 98048 3056278 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 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 0 0 0 0 1 18 0 13 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MT NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI DC X X X ANDRE T PARRAWAY 6082315771 5710 MINERAL POINT ROAD MADISON WI 53705 TERESA CAMPBELL CHAIR 1.00 X X 0 0 0 JOHN SACKETT VICE CHAIR 1.00 X X 0 0 0 ROBERT CASHMAN TREASURER 1.00 X X 0 0 0 JENNY VIPPERMAN SECRETARY 1.00 X X 0 0 0 BRETT THOMPSON DIRECTOR 1.00 X 0 0 0 CHRISTINE CORDELL DIRECTOR 1.00 X 0 0 0 CREIGHTON BLACKWELL DIRECTOR (START 01/2022) 1.00 X 0 0 0 DAN KAMPEN DIRECTOR 1.00 X 0 0 0 DAVID BIRKY DIRECTOR 1.00 X 0 0 0 DAVID SNODGRASS DIRECTOR 1.00 X 0 0 0 DEAN YOUNG DIRECTOR 1.00 X 0 0 0 GERRY SINGLETON DIRECTOR 1.00 X 0 0 0 HOWARD SPENCER DIRECTOR 1.00 X 0 0 0 LILY NEWFARMER DIRECTOR 1.00 X 0 0 0 MELANIE MURPHY DIRECTOR (START 01/2022) 1.00 X 0 0 0 NADER MOGHADDAM DIRECTOR (START 03/2022) 1.00 X 0 0 0 PATRICK PIERCE DIRECTOR 1.00 X 0 0 0 CHRISTIANE G HYLAND EXECUTIVE DIRECTOR 40.00 X 421327 0 46500 ANDRE T PARRAWAY CHIEF FINANCIAL & OPERATION 40.00 X 243762 0 24131 JIM NUSSLE PRESIDENT 1.00 X 0 0 0 DANIELLE BROWN CHIEF ENGAGEMENT DIRECTOR 40.00 X 162348 0 31699 CHAD HELMINAK CHIEF IMPACT OFFICER 40.00 X 158126 0 31242 SAMUEL PLESTER MARKETING & COMMUNICATIONS DIR 40.00 X 120378 0 33625 1105941 0 167197 5 0 1 0 MARRIOTT HOTEL SERVICES 901 MASSACHUSETTES AVE NW WASHINGTON DC 20001 FOOD AND BEVERAGE FOR FOUNDATION DINNER 161482 UNIVERSITY OF WISCONSIN 601 LANGDON ST MADISON WI 53706 DE TRAINING SITE 113611 2 626320 4912064 5538384 TRAINING PROGRAMS 900099 744438 744438 744438 224658 224658 3838 3031 -3838 -3031 -6869 -6869 173030 626320 320032 -147002 -147002 LIQUIDATION PAYMENT 900099 100637 100637 MISCELLANEOUS INCOME 900099 14905 14905 115542 6469151 744438 0 186329 922344 922344 51984 51984 735720 458629 201668 75423 1136468 708594 311343 116531 58059 36315 15772 5972 231258 144648 62822 23788 113076 70727 30718 11631 55000 55000 68968 68968 275782 172766 85402 17614 17781 17716 65 11586 3415 7867 304 96620 31620 65000 24651 16596 4175 3880 163542 67780 81982 13780 311669 296905 14764 37677 36667 1010 20126 15291 4835 PROGRAM & MATERIALS 30457 27356 3101 DUES & SUBSCRIPTIONS 16562 9732 5142 1688 MISCELLANEOUS 4389 200 4189 4383719 3056278 1029876 297565 258229 15453 5495216 6037072 557300 11500 82948 106245 112449 145951 110000 88611 76597 21389 5075500 6265030 11658239 12602640 482697 522857 8594 723 345750 334269 837041 857849 X 6295485 6126899 4525713 5617892 10821198 11744791 11658239 12602640 2085432 -1161839 0 X X 0 1 X 1 0 X 4519932 3572549 3874707 3871908 5538384 21377480 4519932 3572549 3874707 3871908 5538384 21377480 4278413 17099067 122491 198588 184620 299623 224658 1029980 21560 21387 282892 152709 115542 594090 23001550 2684700 0.74340 0.79060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 749104 -123935 625169 650764 98340 749104 569992 80772 650764 477380 92612 569992 505915 -28535 477380 0.00000 0.35550 0.64450 0 0 110000 88611 21389 21389 X 6469151 0 6469151 0 6469151 4383719 0 4383719 0 4383719 PART V, LINE 4: INVESTMENT INCOME MAY BE USED FOR OPERATIONS OF THE ORGANIZATION. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE IRC AND THE APPLICABLE STATE REGULATIONS. THE INTERNAL REVENUE SERVICE (IRS) ALSO HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION. IN ADDITION, THE FOUNDATION IS REQUIRED TO REPORT UNRELATED BUSINESS INCOME TO THE IRS AND THE STATE OF WISCONSIN. THE FOUNDATION HAD NO SOURCES OF UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS PROPERLY MAINTAINED THEIR EXEMPT STATUS, ALL REVENUE WITHIN THE STATEMENTS OF ACTIVITIES HAS BEEN PROPERLY CLASSIFIED AS EXEMPT FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021 AND THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021. WEGNER DINNER 799350 626320 173030 148599 164778 6655 799350 626320 173030 148599 164778 6655 320032 -147002 1 BIZ KIDS ENTERPRISES LLC 7308 39TH AVENUE SW SEATTLE WA 98136 205124457 OTHER 50000 0 BIZ KIDS FINANCIAL EDUCATION ALABAMA CREDIT UNION 909 ANNA AVE TUSCALOOSA AL 35401 630440014 501(C)(3) 5375 0 FINANCIAL WELL-BEING CANOPY CREDIT UNION 601 W MALLON AVE SPOKANE WA 99201 910672401 OTHER 20000 0 FINANCIAL WELL-BEING CENTRAL WILLIAMETTE CREDIT UNION 7101 SUPRA DR SW ALBANY OR 97321 930496543 501(C)(3) 20000 0 FINANCIAL WELL-BEING CONSOLIDATED COMMUNITY CREDIT UNION 1033 NE 6TH AVE PORTLAND OR 97232 930460086 OTHER 10000 0 FINANCIAL WELL-BEING CREDIT HUMAN 6061 WEST IH 10 SAN ANTONIO TX 78257 740956027 OTHER 5375 0 FINANCIAL WELL-BEING EDUCATION CREDIT UNION 6203 HILLSIDE AMARILLO TX 79109 750693720 501(C)(3) 10000 0 FINANCIAL WELL-BEING EDUCATIONAL EMPLOYEES CREDIT UNION 2222 SHAW AVE FRESNO CA 93711 941031345 501(C)(3) 5375 0 FINANCIAL WELL-BEING TARRANT COUNTY CREDIT UNION 200 TAYLOR ST SUITE 215 FORT WORTH TX 76196 751054189 501(C)(3) 15000 0 FINANCIAL WELL-BEING UNIVERSITY OF SOUTHERN CALIFORNIA 823 W 34TH ST CLH 2ND FLOOR LOS ANGELES CA 900894012 951642394 501(C)(3) 8750 0 FINANCIAL WELL-BEING WAUNA FEDERAL CREDIT UNION 101 TRUEHAAK ST CLATSKANIE OR 97016 950562551 OTHER 15000 0 FINANCIAL WELL-BEING CORNERSTONE CREDIT UNION FOUNDATION 6801 PARKWOOD BLVD PLANO TX 75024 756039968 501(C)(3) 27288 0 COMMUNITY INVESTMENT FUND GRANT GOWEST FOUNDATION 18000 INTERNATIONAL BLVD STE 1102 SEATAC WA 98188 911649328 501(C)(3) 7606 0 COMMUNITY INVESTMENT FUND GRANT SOUTHEASTERN CREDIT UNION FOUNDATION 3692 COOLIDGE COURT TALLAHASSEE FL 32311 592252733 501(C)(3) 48064 0 COMMUNITY INVESTMENT FUND GRANT NEW YORK CREDIT UNION ASSOCIATION 4 TOWER PLACE 5TH FLOOR ALBANY NY 12203 161527073 501(C)(3) 10717 0 COMMUNITY INVESTMENT FUND GRANT 10 5 DE VIRTUAL TRAINING SCHOLARSHIPS 4 9996 DE IN PERSON TRAINING SCHOLARSHIPS 12 41988 PART I, LINE 2: THE FOUNDATION REQUIRES EACH U.S. RECIPIENT TO REPORT THEIR USE OF FUNDS RECEIVED ACCORDING TO THE FOUNDATION STANDARDS. STATE CREDIT UNION FOUNDATIONS AND ASSOCIATIONS THAT RECEIVED MORE THAN $10,000 OF COMMUNITY INVESTMENT FUND GRANTS IN A YEAR MUST FILE REPORTS SEMI ANNUALLY AND ANNUALLY. EACH OUTREACH GRANT IS GOVERNED BY A GRANT AGREEMENT OUTLINING THE GRANT REQUIREMENTS. PROCESS REPORTING IS REQUIRED WITH A FINAL GRANT REPORT REQUIRED FOR THE FINAL PAYMENT. 1 X X X X X X 0 1 0 0 0 0 0 0 0 CHRISTIANE G HYLAND EXECUTIVE DIRECTOR 384552 0 36775 0 0 0 46500 0 0 0 467827 0 0 0 ANDRE T PARRAWAY CHIEF FINANCIAL & OPERATION 226318 0 17444 0 0 0 24131 0 0 0 267893 0 0 0 DANIELLE BROWN CHIEF ENGAGEMENT DIRECTOR 153750 0 8598 0 0 0 22974 0 8725 0 194047 0 0 0 CHAD HELMINAK CHIEF IMPACT OFFICER 149102 0 9024 0 0 0 14841 0 16401 0 189368 0 0 0 SAMUEL PLESTER MARKETING & COMMUNICATIONS DIR 116563 0 3815 0 0 0 20500 0 13125 0 154003 0 0 0 PART I, LINE 4B IN 2022, THE FOUNDATION BOARD APPROVED A CONTRIBUTION TO A 457(F) PLAN FOR THE EXECUTIVE DIRECTOR. THE TOTAL AMOUNT CONTRIBUTED IN 2022 WAS $19,500. FORM 990, PART III, LINE 2 THE FINHEALTH FUND IS A DESIGNATED FUND ESTABLISHED IN 2022, WITH THE SUPPORT OF CREDIT UNIONS AND SYSTEM PARTNERS, TO CAPITALIZE A FIVE-YEAR PROGRAM FOCUSED ON THREE INTERRELATED EFFORTS: -CREATING A NATIONAL RESOURCE LIBRARY (E.G., CURRENT WORK, CASE STUDIES, TOOLKITS AND OTHER RESOURCES) TO HELP CREDIT UNIONS EMBRACE FINANCIAL WELL-BEING FOR ALL AS A STRATEGIC IMPERATIVE. -PROVIDING EDUCATION AND UPSKILLING FOR CREDIT UNION EMPLOYEES TO ESTABLISH A WORKFORCE READY TO PASSIONATELY SERVE PEOPLE WHERE THEY ARE IN THEIR FINANCIAL LIVES. -SUPPORTING INDUSTRY-WIDE CONSUMER RESEARCH, DATA CAPTURE AND ANALYSIS TO PRIORITIZE EFFORTS AND QUANTIFY IMPROVEMENTS TO MEMBERS' FINANCIAL HEALTH. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S AUDIT COMMITTEE REVIEWS THE FORM 990 AND THEN FORWARDS TO THE BOARD OF DIRECTORS FOR APPROVAL. ALL BOARD MEMBERS MUST APPROVE THE 990 PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE COMPLETED ANNUALLY BY EACH OFFICER, BOARD MEMBER AND EMPLOYEE. THE DISCLOSURE FORMS ARE REVIEWED BY LEGAL; AND, THEN SUMMARIZED AND PRESENTED TO ALL BOARD MEMBERS. A SUMMARY OF POTENTIAL CONFLICTS IS PROVIDED AT EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE ANNUAL PROCESS FOR DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION SHALL CONSIST OF THE FOLLOWING ACTIONS. 1. ANNUALLY, EACH BOARD MEMBER COMPLETES AN EXECUTIVE DIRECTOR PERFORMANCE EVALUATION FORM. 2. EXECUTIVE DIRECTOR COMPLETES A SELF-EVALUATION REPORT. 3. REVIEW OF COMPARABLE COMPENSATION DATA. 4. BOARD CHAIR AND PRESIDENT, IN COOPERATION WITH THE EXECUTIVE COMMITTEE, SHALL REVIEW EVALUATION REPORTS AND OTHER INFORMATION, 5. FINALIZE DETERMINATION OF ANNUAL COMPENSATION AND BONUS. 6. BOARD CHAIR SHALL REPORT RESULTS TO THE ENTIRE BOARD, AND 7. FOUNDATION SHALL MAINTAIN DOCUMENTATION OF THE INFORMATION GATHERED, THE PROCESS AND RESULTS. EXECUTIVE DIRECTOR REVIEWS THE PERFORMANCE OF OTHER OFFICERS AND KEY EMPLOYEES AND MAKES SALARY ADJUSTMENTS ACCORDING TO THE ESTABLISHED POLICY AND GUIDELINES. FORM 990, PART VI, SECTION C, LINE 18 FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.