2025-10-10T12:08:31-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2024-01-01 396093210 WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC WORL 6083952000 301 S BEDFORD STREET 1 MADISON WI 53703 PAUL TREINEN CEO 6083952000 2025-10-09 1 1 X LAURA SCHWEITZER CPA P01760010 6086628600 2025-10-09 2024 2025-03-06 01:10:19Z X PAUL TREINEN 301 S BEDFORD STREET 1 MADISON WI 53703 2201471 0 X WWW.DOGLOBALGOOD.ORG X 1965 WI ADVANCE FINANCIAL INCLUSION BY REDUCING GAPS IN GLOBAL CREDIT UNION GROWTH. 13 13 0 13 0 0 2070628 2083623 185066 76665 19098 41183 0 0 2274792 2201471 1332275 684032 0 0 0 0 0 0 1180124 2186710 2283076 3518985 2967108 -1244193 -765637 3451582 2976886 1373123 1664064 2078459 1312822 X THE WORLDWIDE FOUNDATION FOR CREDIT UNIONS (WFCU) BRIDGES CREDIT UNION GAPS THROUGH SHARED GLOBAL JOURNEYS TO STRENGTHEN CREDIT UNIONS AND GROW FINANCIAL INCLUSION WORLDWIDE. 0 0 234602 234602 0 PROJECT STORM BREAK:THROUGH ITS CREDIT UNION DISASTER RELIEF INITIATIVE, PROJECT STORM BREAK, WFCU PROVIDED CRISIS RELIEF AND RECOVERY FUNDING TO OVER 1,200 INDIVIDUALS. IN BRAZIL, $32,000 SUPPORTED FLOOD RECOVERY, INCLUDING SHELTER SUPPLIES FOR 550 STUDENTS. IN UKRAINE, $150,000 AIDED FOOD SECURITY FOR 464 FARMERS THROUGH THE DISTRIBUTION OF AGRICULTURAL TOOLS. IN THE CARIBBEAN, WFCU CONTRIBUTED $5,000 TO SUPPORT CREDIT UNIONS RECOVERING FROM HURRICANE BERYL. 10000 10000 76665 GLOBAL WOMEN'S LEADERSHIP NETWORK:CELEBRATING 15 YEARS OF EMPOWERING WOMEN IN THE CREDIT UNION MOVEMENT, GWLN SUPPORTED 760 INDIVIDUALS THROUGH EMPOWERMENT GRANTS AND AWARDED SCHOLARSHIPS TO FOUR WOMEN FROM ESWATINI, KENYA, THE PHILIPPINES, AND THE UNITED STATES. GRANTS IN KENYA AND MONGOLIA DIRECTLY IMPROVED FINANCIAL INCLUSION AND WOMEN'S LIVELIHOODS IMPACTING OVER 700 DAIRY FARMERS IN KENYA AND ATTRACTING OVER 2,500 USERS TO A SUSTAINABLE FINANCE MARKETPLACE IN MONGOLIA. OVER 4,000 PEOPLE ENGAGED THROUGH SISTER SOCIETIES IN 30 COUNTRIES, EXPANDING THE NETWORK'S GLOBAL FOOTPRINT. 173377 0 0 WORLD'S CREDIT UNION YOUNG PROFESSIONALS NETWORK:WYCUP FOSTERED THE NEXT GENERATION OF CREDIT UNION LEADERS BY HOSTING OVER 600 PARTICIPANTS THROUGH EVENTS LIKE CONNEXION, THE EMERGING LEADERS' SUMMIT, AND A JOINT FORUM AT THE 2024 WORLD CREDIT UNION CONFERENCE. THE PROGRAM EXPANDED EDUCATIONAL ACCESS, MENTORSHIP, AND GLOBAL NETWORKING FOR YOUNG PROFESSIONALS FROM OVER 70 COUNTRIES. 911287 439430 0 GLOBAL BRIDGES FACILITATES CROSS-BORDER LEARNING AND COLLABORATION AMONG CREDIT UNIONS. IN 2024, WFCU ORGANIZED THREE PEER EXCHANGE VISITS. IN PERU AND ECUADOR, U.S. CREDIT UNION PROFESSIONALS EXPLORED SOLUTIONS FOR ADVANCING FINANCIAL INCLUSION FOR VENEZUELAN MIGRANTS THROUGH CREDIT UNIONS AND ENTREPRENEURSHIP. IN AUSTRALIA AND NEW ZEALAND, VIRGINIA CREDIT UNION ENGAGED WITH PEERS ON REGULATION AND SOCIAL IMPACT. IN IRELAND, PVKS CREDIT UNION OF UKRAINE PARTICIPATED IN LENDING, ANALYTICS, AND MEMBER SERVICE LEARNING SESSIONS WITH DUNDALK CREDIT UNION. WFCU ALSO SUPPORTED WOCCU'S HUB C PILOT WITH CB COOPERATIVA IN ECUADOR, LAUNCHING A MACHINE-LEARNING CREDIT SCORING ALGORITHM TO IMPROVE LENDING. ADDITIONALLY, THROUGH THE USAID/WOCCU ECONOMIC INCLUSION PROJECT, WFCU HELPED 30 VENEZUELAN MIGRANTS IN PERU AND ECUADOR, 14 RECEIVED BUSINESS GRANTS AND 16 OBTAINED PROFESSIONAL RE-CERTIFICATION SUPPORT.THE GLOBAL DE PROGRAM ADVANCES THE COOPERATIVE PRINCIPLES OF CREDIT UNIONS THROUGH EDUCATION AND LEADERSHIP CERTIFICATION. IN 2024, WFCU SUPPORTED THE GRADUATION OF 25 NEW INTERNATIONAL CREDIT UNION DEVELOPMENT EDUCATORS (ICUDES) FROM COUNTRIES ACROSS AFRICA, EUROPE, THE CARIBBEAN, AND THE UNITED STATES. THESE GRADUATES ARE EMPOWERED TO LEAD GLOBAL DEVELOPMENT EFFORTS WITHIN THE CREDIT UNION MOVEMENT AND DEEPEN THE IMPACT OF INTERNATIONAL COOPERATIVE EDUCATION. 911287 439430 0 1329266 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MA MI MN MS NV NH NJ NY NC OH OK OR PA RI SC TN UT VA WA WV WI MD X X PAUL TREINEN 6083952000 301 S BEDFORD STREET SUITE 1 MADISON WI 53703 BILL CHENEY CHAIR 1.00 0.00 X X 0 0 0 CRYSTAL LONG VICE CHAIR 1.00 0.00 X X 0 0 0 SUSAN MITCHELL SECRETARY 1.00 0.00 X X 0 0 0 DALLAS BERGL TREASURER 1.00 1.00 X X 0 0 0 MANFRED ALFONSO DASENBROCK DIRECTOR 1.00 1.00 X 0 0 0 BRIAN CALDARELLI DIRECTOR 1.00 0.00 X 0 0 0 MIRIAM DE DIOS WOODWARD DIRECTOR 1.00 0.00 X 0 0 0 DWAYNE NAYLOR DIRECTOR 1.00 0.00 X 0 0 0 RENEE SATTIEWHITE DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH THOMAS DIRECTOR 1.00 1.00 X 0 0 0 JENNIFER OLIVER DIRECTOR 1.00 0.00 X 0 0 0 TYLER VALENTINE DIRECTOR 1.00 0.00 X 0 0 0 J KEVIN RYAN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL REUTER PRESIDENT 40.00 1.00 X 0 141307 12885 ELISSA MCCARTER LABORDE PRESIDENT & CEO 1.00 40.00 X 0 504086 68646 0 645393 81531 0 0 1 0 0 2083623 2083623 EDUCATIONAL RECEPTIONS 611710 76665 76665 76665 41183 41183 2201471 76665 0 41183 X 412500 412500 271532 271532 895027 208866 180361 505800 17695 7501 8790 1404 12490 12490 311642 83338 99508 128796 79549 44730 34819 75337 17879 36326 21132 659 6 552 101 39708 25617 14091 262242 129890 42600 89752 280739 138834 16181 125724 6315 6315 32451 7395 25056 SUPPORTER RECEPTION 147449 147449 121773 6795 3922 111056 2967108 1329266 457718 1180124 3451542 1576305 40 1360292 35324 4965 19851 19851 0 0 3451582 2976886 1205137 1460906 167986 203158 1373123 1664064 X 1514201 895979 564258 416843 2078459 1312822 3451582 2976886 -765637 0 X 0 1 X 1 0 X 1991160 2480321 4034862 2070628 2083623 12660594 1991160 2480321 4034862 2070628 2083623 12660594 938570 11722024 19098 41183 60281 12720875 433103 0.92150 0.95090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19851 19851 0 0 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, AND A SIMILAR SECTION OF THE WISCONSIN INCOME TAX LAW, WHICH PROVIDES TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE OR EDUCATIONAL PURPOSES. THE ORGANIZATION IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 TECHINICAL ASSISTANCE DEVELOPMENT WORK ASSISTANCE 59771 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 EDUCATION SUPPORT OF THE GLOBAL WOMEN'S LEADERSHIP NETWORK, WHICH CONNECTS CREDIT UNION WOMEN 48248 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 FUNDRAISING 71937 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 EDUCATION EDUCATION AND FUNDRAISING EXPENSES 48248 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 FUNDRAISING 32132 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 EDUCATION EDUCATION AND FUNDRAISING EXPENSES 103655 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FUNDRAISING 69031 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 PROGRAM SERVICES GENERAL DISASTER RELIEF 339379 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 TECHINICAL ASSISTANCE DEVELOPMENT WORK ASSISTANCE 113896 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 FUNDRAISING 301867 SOUTH AMERICA 0 0 PROGRAM SERVICES GENERAL DISASTER RELIEF 41281 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 EDUCATION EDUCATION AND FUNDRAISING EXPENSES 226758 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 FUNDRAISING 178506 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 EDUCATION EDUCATION AND FUNDRAISING EXPENSES 121661 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 FUNDRAISING 81023 0 0 0 0 0 0 772401 1064992 1837393 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, SUPPORT FOR ORPHANAGE EDUCATION FUNDING 16930 WIRE TRANSFER 0 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, SUPPORT FOR UKRAINE RELIEF 197532 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT FOR ORGANIZATION 10000 WIRE TRANSFER 0 SOUTH AMERICA SUPPORT FOR DISASTER RELIEF 27070 WIRE TRANSFER 0 0 4 0 0 0 0 0 0 PART I, LINE 2: WORLDWIDE FOUNDATION FOR CREDIT UNIONS, INC. (WFCU) MAKES ONLY A FEW GRANTS EACH YEAR. THESE ARE PAID TO ORGANIZATIONS THAT THE ORGANIZATION HAS HAD A PRIOR RELATIONSHIP WITH AND WHO ARE PART OF A GLOBAL NETWORK OF CREDIT UNIONS AND SIMILAR COOPERATIVE ORGANIZATIONS. MONITORING OF THE FUNDS IS DEPENDENT ON THE SIZE OF THE GRANT, THE PURPOSE AND THE STRENGTH OF THE RELATIONSHIP WFCU HAS WITH THE RECIPIENTS. SMALLER GRANTS, PARTICULARLY THOSE PAID TO OTHER FOUNDATIONS, DO NOT REQUIRE ADDITIONAL MONITORING. HOWEVER, FOR LARGER GRANTS OR THOSE PAID TO CERTAIN TYPES OF ORGANIZATIONS, WFCU WILL REQUEST THAT A FORMAL REPORT BE SUBMITTED BY THE RECIPIENT DOCUMENTING THE USE OF THE FUNDS. 1 WORLD COUNCIL OF CREDIT UNIONS PO BOX 2982 MADISON WI 53701 391143339 501(C)(6) 412500 0 TO SUPPORT THE PROGRAM DEVELOPMENT OPERATIONS 0 1 PART I, LINE 2: ORGANIZATION DOES NOT TYPICALLY MAKE GRANTS TO ENTITIES IN THE UNITED STATES. MADE AN EXCEPTION THIS YEAR TO ASSIST A RELATED ORGANIZATION. AS THESE ORGANIZATIONS ARE RELATED, THEY CAN CLOSELY MONITOR THE USE OF THE GRANTS. 0 0 0 0 0 0 0 0 0 ELISSA MCCARTER LABORDE PRESIDENT & CEO 0 437768 0 64512 0 1806 0 27600 0 41046 0 572732 0 0 MICHAEL REUTER PRESIDENT 0 140072 0 0 0 1235 0 11673 0 1212 0 154192 0 0 FORM 990, PART VI, SECTION A, LINE 7A WOCCU APPOINTS A CERTAIN NUMBER OF WFCU BOARD MEMBERS FORM 990, PART VI, SECTION A, LINE 7B WOCCU BOARD APPOINTS A CERTAIN NUMBER OF WFCU BOARD MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS POSTED ON THE BOARD WEBSITE AND REQUIRED TO BE REVIEWED AND ACCEPTED BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES - WE HAVE A WRITTEN CONFLICT OF INTEREST POLICY AS PART OF OUR EMPLOYEE POLICIES, WHICH ARE POSTED ON THE EMPLOYEE INTRANET WEBSITE. ALL EMPLOYEES ARE INFORMED OF THE POLICIES AND REQUIRED TO STATE IN WRITING THAT THEY HAVE READ AND UNDERSTAND THE POLICIES. SENIOR MANAGERS ARE REQUIRED TO REPORT ANY CONFLICTS THAT THEY BECOME AWARE OF, EITHER THEIR OWN CONFLICTS OR OF THEIR STAFF. BOARD - AT ALL COMMITTEE AND FULL BOARD MEETINGS, THE CHAIR OF THE MEETING IS REQUIRED TO STATE THE CONFLICT OF INTEREST POLICY AND ASK IF ANY BOARD MEMBERS HAVE A CONFLICT OF INTEREST FOR ANY ITEMS ON THE AGENDA. ANNUALLY, KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY HAVE DISCLOSED ALL CONFLICTS OF INTEREST. ANY INDIVIDUAL WITH A PERCEIVED OR ACTUAL CONFLICT OF INTEREST WILL BE RECUSED FROM ANY DISCUSSION OR VOTING ON THE MATTER TO WHICH THE CONFLICT RELATES. FORM 990, PART VI, SECTION C, LINE 19 THE QUALIFICATIONS & DUTIES OF BOARD MEMBERS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON THE BOARD WEBSITE. THE ANNUAL REPORT, WHICH INCLUDES A SUMMARY OF THE FINANCIALS, IS ALSO POSTED. IN ADDITION, CONTACT INFORMATION IS PROVIDED IN THE ANNUAL REPORT FOR ANYONE WHO WANTS TO REQUEST A COPY OF THE FULL AUDITED FINANCIALS. THE FULL BY-LAWS OF THE ORGANIZATION ARE NOT POSTED ON THE WEBSITE, BUT WILL BE SENT IF REQUESTED. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 83,338. MANAGEMENT AND GENERAL EXPENSES 99,508. FUNDRAISING EXPENSES 128,796. TOTAL EXPENSES 311,642. WORLD COUNCIL OF CREDIT UNIONS INC 5710 MINERAL POINT ROAD MADISON WI 53705 391143339 PROMOTE, SUPPORT, REPRESENT, AND SERVE THE WORLDWIDE CREDIT UNION MOVEMENT WI 501(C)(6) N/A 0 WOCCU SERVICES GROUP INC PO BOX 2982 MADISON WI 53701 391984681 CREDIT UNION SERVICES WI N/A C 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 WORLD COUNCIL OF CREDIT UNIONS INC O 1117527 FAIR MARKET VALUE WORLD COUNCIL OF CREDIT UNIONS INC P 1437084 FAIR MARKET VALUE WORLD COUNCIL OF CREDIT UNIONS INC B 412500 CASH GRANT PAID RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST THE WOCCU SERVICES GROUP, INC. (WSG), A WHOLLY OWNED SUBSIDIARY OF WORLD COUNCIL, IS A WISCONSIN FOR-PROFIT CORPORATION THAT WAS INCORPORATED IN 1999. WSG CARRIES ON THE FOR-PROFIT ACTIVITIES OF WORLD COUNCIL, INCLUDING PAYMENT SYSTEMS AND TECHNICAL ASSISTANCE TO CREDIT UNION ORGANIZATIONS.