2023-11-15T09:31:48-05:00 2022-12-31 391628949 JOHNSON BLOCK & CO INC 122 6TH STREET NORTH LA CROSSE WI 54601 990 2022-01-01 261564606 MARINE CREDIT UNION FOUNDATION INC MARI 6087911306 811 MONITOR STREET LA CROSSE WI 54603 QUINN DEVLIN EXECUTIVE DIRECTOR 6087911306 2023-11-10 true QUINN WALRAVEN XXX-XX-XXXX true CARRIE LEONARD CPA P00583499 6087841890 2023-11-15 2022 2023-04-26 12:10:37Z KEN KING 811 MONITOR STREET LA CROSSE WI 54603 824127 false X WWW.MARINECU.COM/MARINE-CREDIT-UNION-F X 2007 WI THE MISSION OF THE MARINE CREDIT UNION FOUNDATION IS TO PROVIDE CHARITABLE CONTRIBUTIONS AND INCREASE FINANCIAL LITERACY TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS LIVING IN THE COMMUNITIES SERVED BY MARINE CREDIT UNION. 7 7 0 92 0 464992 431922 0 19446 40573 3112 -13697 487550 458798 192422 172570 0 161431 203164 0 0 124200 51746 478053 427480 9497 31318 1548070 1357362 157082 146907 1390988 1210455 THE MARINE CREDIT UNION FOUNDATION WAS FOUNDED TO MAKE A POSITIVE DIFFERENCE IN THE COMMUNITIES SERVED BY MARINE CREDIT UNION THROUGH CHARITABLE DONATIONS AND INITIATIVES THAT INCREASE FINANCIAL LITERACY. false false 366235 172570 THE MISSION OF THE MARINE CREDIT UNION FOUNDATION IS TO PROVIDE CHARITABLE CONTRIBUTIONS AND INCREASE FINANCIAL LITERACY TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS LIVING IN THE COMMUNITIES SERVED BY MARINE CREDIT UNION. 5564 THE FINDING HOME PROGRAM IS A 12-MONTH COUNSELING PROGRAM THAT ASSISTS FAMILIES IN FINANCING AND PURCHASING THEIR FIRST HOME. 371799 true true false false false false false false false true false false false false true true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 2 0 0 false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true false false false WI X QUINN DEVLIN 6087911306 811 MONITOR STREET LA CROSSE WI 54603 QUINN DEVLIN EXECUTIVE DI 40.00 X 0 61442 24582 KEN KING PRESIDENT 1.00 X X 0 0 0 JOSH VANDEBERG SECRETARY 0.50 X X 0 0 0 RYAN HALL TREASURER 1.00 X X 0 0 0 SHY JACKSON DIRECTOR 0.50 X 0 0 0 SAM KAUFMAN DIRECTOR 0.50 X 0 0 0 JUAN JIMENEZ DIRECTOR 0.50 X 0 0 0 TONYA WAGNER DIRECTOR 0.50 X 0 0 0 61442 24582 false false false 113054 318868 431922 22120 22120 323443 130 305120 18323 130 18453 18453 45387 113054 60209 -14822 OTHER REVENUE 900099 1125 1125 1125 458798 41698 172570 172570 94889 85400 9489 74774 70792 3982 23271 23271 10230 9441 789 10853 10853 25081 25081 862 431 431 3272 1636 1636 3740 1870 1870 369 369 FINDING HOME EXPENSES 5564 5564 PROFESSIONAL DEVELOPMENT 1574 787 787 MISCELLANEOUS 321 321 DUES & SUBSCRIPTIONS 75 37 38 35 35 427480 371799 55681 0 247746 145701 171 171 20185 13517 384 524 1279584 1197449 1548070 1357362 67541 90906 89541 56001 157082 146907 X 1370851 1195455 20137 15000 1390988 1210455 1548070 1357362 31318 -211851 X false true X true false X 355282 448007 470982 464992 431922 2171185 355282 448007 470982 464992 431922 2171185 898974 1272211 123 29287 14284 13373 22120 79187 3112 1125 4237 2254609 123866 0.56430 0.62870 X PART II, LINE 10 4,237 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1279584 100000 -171279 10856 1197449 1138331 42213 109718 10678 1279584 956197 97978 94463 10307 1138331 668274 175000 121162 8239 956197 529408 190000 -44682 6452 668274 1.00000 true false LOAN GUARANTEES 56001 56001 X 237671 -211851 1577 -210274 447945 10853 10853 458798 418204 1577 1577 416627 10853 10853 427480 SCHEDULE D, PAGE 3, PART X IN ACCORDANCE WITH PROFESSIONAL STANDARDS, THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR THEIR INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. GOLF OUTING 134919 89532 45387 6580 8775 2195 27837 OKTOBERFEST PAR 9475 9475 675 144394 99007 45387 6580 8775 2195 28512 46062 -675 true FAMILY RESOURCES 5500 WAFER INC 1603 GEORGE ST LA CROSSE WI 54603 391552632 501C3 6100 FOOD PANTRY BUILDING SCHEDULE I, PAGE 1, PART I, LINE 2 MARINE CREDIT UNION FOUNDATION, INC. REQUIRES DOCUMENTATION OF THE CAUSE TO BE FUNDED THROUGH THE DONATION REQUEST PROCESS. THIS ENSURES THE VALIDITY OF THE CAUSE BEING FUNDED. ANY REQUEST FOR A DONATION TO AN INDIVIDUAL MUST STILL PROVIDE DOCUMENTATION OF THE USE OF FUNDS AND APPROVAL OF A DISTRICT MANAGER. A REQUEST FOR DONATION TO AN INDIVIDUAL EMPLOYED BY MARINE CREDIT UNION MUST PROVIDE DOCUMENTATION OF USE OF FUNDS AND APPROVAL FROM THE EXECUTIVE MANAGEMENT TEAM. AFTER THIS EVALUATION AND APPROVAL PROCESS, ALL REQUESTS FOR DONATIONS ARE PAID BY CHECKS, MADE PAYABLE TO THE ORGANIZATIONS APPROVED, THUS ENSURING THE FUNDS ARE USED BY THE ORGANIZATION OR INDIVIDUAL THAT HAS BEEN EVALUATED. ORGANIZATIONS AND IN RARE CASES APPROVED INDIVIDUALS ARE LOCAL TO THE GEOGRAPHIC BRANCHES OF MARINE CREDIT UNION AND ARE WELL KNOWN TO THE SPONSORS OF THE DONATION REQUESTS. THESE STEPS AND CONTROLS ARE IN PLACE TO ENSURE FUNDS ARE USED FOR THE CAUSES INTENDED. FEEDBACK MECHANISMS INCLUDE THANK-YOU LETTERS, DIRECT COMMUNICATIONS WITH ORGANIZATIONAL REPRESENTATIVES, DIRECT INVOLVEMENT BY MARINE CREDIT UNION EMPLOYEES IN THE CHARITABLE EVENTS THEMSELVES, AND OVERSIGHT BY FOUNDATION STAFF UTILIZING DOCUMENTED POLICIES AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 11B PROVIDED TO BOARD MEMBERS FOR REVIEW BEFORE FILING MARINE CREDIT UNION FOUNDATION REQUIRES ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS TO HAVE ACCESS FOR REVIEW PURPOSES OF THE IRS FORM 990 PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE APPLICABLE COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT EXISTS. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE OF A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER THE CIRCUMSTANCES THAT WOULD GIVE RISE TO A CONFLICT OF INTEREST, THE GOVERNING BODY OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE TO THE FOUNDATION. THE GOVERNING BOARD OR COMMITTEE SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST.