2025-10-28T15:07:03-05:00 2025-06-30 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2024-07-01 391645910 FILENE RESEARCH INSTITUTE INC FILE 6086613740 5910 MINERAL POINT ROAD MADISON WI 53705 MARK MEYER PRESIDENT & CHIEF EXECUTIVE OFFICER 6086613740 2025-10-28 1 0 JASON STEPHENS CPA P01263225 6082744020 2025-10-28 2024 2025-03-06 01:10:19Z MARK MEYER 5910 MINERAL POINT ROAD MADISON WI 53705 11715661 0 X FILENE.ORG X 1989 WI TO CONDUCT SCIENTIFIC RESEARCH AND EDUCATIONAL PROGRAMS OF CURRENT AND FUTURE INTEREST AND VALUE TO THE GENERAL PUBLIC AND TO CREDIT UNIONS, CREDIT UNION MEMBERS, CREDIT UNION ORGANIZATIONS AND SUPPORTERS OF CREDIT UNIONS AND THE CREDIT UNION PHILOSOPHY. 9 9 0 11 0 0 8396360 9624573 586519 1009806 80028 289232 36000 0 9098907 10923611 0 0 0 0 0 0 0 0 1442814 9163206 10195724 9163206 10195724 -64299 727887 15454499 16394593 2160943 2083388 13293556 14311205 X STRENGTHENING ORGANIZATIONS THROUGH INNOVATIVE RESEARCH & INCUBATION TO IMPROVE CONSUMER FINANCIAL WELL-BEING. 0 0 4392706 0 925678 RESEARCH AND INCUBATION - FILENE RESEARCH INSTITUTE IDENTIFIES HIGH-PRIORITY QUESTIONS TO ADVANCE CONSUMER WELL-BEING AND THE COOPERATIVE FINANCE MOVEMENT. THE INSTITUTE REGULARLY PUBLISHES RESEARCH FINDINGS THROUGH REPORTS, PODCASTS, TOOLKITS, INFOGRAPHICS, AND SLIDE DECKS. OVER THE PAST YEAR, FILENE RELEASED 35 RESEARCH AND INNOVATION REPORTS AND 39 ADDITIONAL OUTPUTS. THESE INSIGHTS ARE WIDELY SHARED THROUGH TRADE PRESS, SOCIAL MEDIA, GENERAL MEDIA, AND CREDIT UNION TRADE PUBLICATIONS. FILENE ALSO PRESENTS ITS RESEARCH ACROSS NORTH AMERICA AND CONTRIBUTES EXPERTISE ON KEY CONSUMER FINANCE TOPICS AT INDUSTRY AND NONPROFIT CONFERENCES. TAKING INNOVATION FURTHER, FILENE'S INCUBATORS TEST PRODUCTS AND IDEAS THAT HELP CREDIT UNIONS GROW AND DELIVER GREATER VALUE TO THEIR MEMBERS AND COMMUNITIES. DURING THE PAST FISCAL YEAR, FILENE OFFERED 3 INCUBATOR PROGRAMS AND TESTED 7 IN-MARKET PRODUCTS. 3298227 0 84128 OUTREACH AND EDUCATION - FILENE PROVIDES MEMBERS AND STRATEGIC PARTNERS WITH MEANINGFUL OPPORTUNITIES TO ENGAGE WITH OUR BODY OF WORK THROUGH EVENTS AND COMMUNITIES. THIS YEAR, OVER 1,942 CREDIT UNION-AFFILIATED INDIVIDUALS PARTICIPATED IN ONE OF OUR 9 MARKET-FACING EVENTS, WHILE MORE THAN 4,378 REGISTERED FOR ONE OF OUR 31 WEBINARS. THROUGH THE COOPERATIVE TRUST, WE SUPPORTED 708 EMERGING LEADERS AND WELCOMED 178 CRASHERS WHO ENGAGED IN IN-PERSON EVENTS OR OUR IMMERSIVE CRASH COURSE LEARNING COMMUNITY. OUR I3 INNOVATION PROGRAM EXPANDED INDUSTRY LEADERSHIP CAPACITY WITH 51 PARTICIPANTS REPRESENTING 44 CREDIT UNIONS AND PARTNER ORGANIZATIONS. THESE OUTREACH AND EDUCATION EFFORTS REFLECT FILENE'S COMMITMENT TO DEVELOPING LEADERS, ADVANCING INNOVATION, AND STRENGTHENING THE CREDIT UNION MOVEMENT. 7690933 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AR CA CO CT FL GA HI IL KS KY MD MA MI MN MS ND NH NJ NM NV NY OH OR PA RI SC TN UT VA WA WV WI X PATSY STEWART 6086613740 5910 MINERAL POINT ROAD MADISON WI 53705 X APRIL CLOBES CHAIR 1.00 X X 0 0 0 TY MUSE VICE-CHAIR 1.00 X X 0 0 0 KEVIN JOHNSON TREASURER 1.00 X X 0 0 0 KEITH SULTEMEIER DIRECTOR 1.00 X 0 0 0 MIKE SCHENK DIRECTOR 1.00 X 0 0 0 TONITA WEBB DIRECTOR 1.00 X 0 0 0 BILL CHENEY DIRECTOR 1.00 X 0 0 0 PATTY CAMPBELL DIRECTOR 1.00 X 0 0 0 LILY NEWFARMER DIRECTOR 1.00 X 0 0 0 MARK MEYER PRESIDENT & CHIEF EXECUTIVE OFFICER 60.00 X 0 0 0 JEREMY TOLLEFSON DIR OF EXECUTIVE RELATIONS/SECRETARY 40.00 X 0 0 0 0 0 0 0 0 0 0 CUNA MUTUAL GROUPTRUSTAGE 5910 MINERAL POINT RD MADISON WI 53705 MANAGEMENT AND ADMINISTRATIVE SERVICES 2984462 HERMONEY MEDIA INC 442 5TH AVE 1172 NEW YORK NY 10018 FINANCIAL WELLNESS CONTENT SERVICES 151200 LAMONT BLACK 2214 N LAKEWOOD AVE CHICAGO IL 60614 RESEARCH AND CONSULTING SERVICES 124718 TRACEY BOCKHOP 9417 SILVERSTONE LN VERONA WI 53593 EVENT PLANNING SERVICES 115220 4 2309477 7315096 9624573 RESEARCH AND INCUBATION 541700 925678 925678 OUTREACH AND EDUCATION 541700 84128 84128 1009806 277646 277646 803636 792050 11586 11586 11586 10923611 1009806 0 289232 X 6074981 4198590 690339 1186052 40199 40199 69387 69387 8339 8339 1579228 1483255 44462 51511 71063 48258 9507 13298 77218 44926 12614 19678 434415 296880 60149 77386 42986 26018 9333 7635 872797 771503 35405 65889 773199 744809 27911 479 101499 61434 22036 18029 14633 10113 1663 2857 35780 5147 30633 10195724 7690933 1061977 1442814 37 203697 4827042 5476509 8161923 8805905 42719 57175 79895 83746 642064 483550 235134 158514 1734426 974398 373323 634649 15454499 16394593 1804193 1625330 109722 458058 247028 0 2160943 2083388 X 3871041 4179937 9422515 10131268 13293556 14311205 15454499 16394593 727887 289762 0 X 0 1 X 1 0 X 7298178 7493362 7473926 8396360 9624573 40286399 7298178 7493362 7473926 8396360 9624573 40286399 2001946 38284453 62755 56440 156659 145878 277646 699378 40985777 3357879 0.93410 0.96950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12967 12222 745 629097 471328 157769 158514 11221263 289762 16229 -8339 297652 10923611 0 10923611 10203614 16229 16229 10187385 8339 8339 10195724 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES REPORTED ON FORM 990, PART IX, LINE 11F -8,339. FORM 990, PART VI, SECTION A, LINE 3 THE INSTITUTE LEASES ITS EMPLOYEES, INCLUDING THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, FROM CMFG LIFE INSURANCE COMPANY. THE CHIEF EXECUTIVE OFFICER IS RESPONSIBLE FOR KEY MANAGEMENT FUNCTIONS INCLUDING PERSONNEL SUPERVISION, BUDGETING, FINANCIAL OPERATIONS, AND OVERSIGHT OF EXEMPT ACTIVITIES. DURING CALENDAR YEAR 2024, THE CHIEF EXECUTIVE OFFICER RECEIVED $970,603 IN COMPENSATION AND $96,204 IN EMPLOYEE BENEFITS FROM CMFG LIFE INSURANCE COMPANY. DURING CALENDAR YEAR 2024, THE SECRETARY RECEIVED $137,770 OF COMPENSATION AND $43,609 IN EMPLOYEE BENEFITS FROM CMFG LIFE INSURANCE COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. THE DISTRIBUTION OF THE DRAFT RETURN AND ANY REVISED RETURNS ARE BOTH CONDUCTED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE INSTITUTE'S GOVERNING BODY COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT, WHICH IS REVIEWED BY THE GOVERNING BODY AND MAINTAINED BY THE INSTITUTE. LEASED EMPLOYEES OF THE INSTITUTE, INCLUDING STAFF FROM CMFG LIFE INSURANCE COMPANY, COMPLETE CMFG'S CONFLICT OF INTEREST STATEMENT ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 15A THE INSTITUTE'S GOVERNING BODY UTILIZES MULTIPLE RESOURCES TO DETERMINE COMPENSATION FOR THE PRESIDENT, CHIEF EXECUTIVE OFFICER, AND LEASED EMPLOYEES, INCLUDING EXPERTISE FROM CMFG LIFE INSURANCE COMPANY, THIRD-PARTY COMPENSATION AND BENEFITS SURVEYS, INDUSTRY DATA FROM THE CREDIT UNION SYSTEM AND NETWORKS OF GOVERNING BODY MEMBERS, AND NONPROFIT COMPENSATION INFORMATION SUCH AS THE GUIDESTAR NONPROFIT COMPENSATION REPORT AND OTHER RESOURCES AVAILABLE THROUGH WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONSULTING/SUBCONTRACTOR SERVICES: PROGRAM SERVICE EXPENSES 1,094,899. MANAGEMENT AND GENERAL EXPENSES 44,014. FUNDRAISING EXPENSES 50,992. TOTAL EXPENSES 1,189,905. RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 337,833. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 337,833. PUBLICATION SERVICES: PROGRAM SERVICE EXPENSES 1,483. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,483. REGISTRATION AND FILING FEES: PROGRAM SERVICE EXPENSES 14,590. MANAGEMENT AND GENERAL EXPENSES 448. FUNDRAISING EXPENSES 519. TOTAL EXPENSES 15,557. PRINTING: PROGRAM SERVICE EXPENSES 34,450. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,450.