2025-11-14T13:22:54-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53023 990 2024-01-01 237065623 CREDIT UNION NATIONAL ASSOCIATION INC CRED 8003569655 99 M STREET SE 300 WASHINGTON DC 20003 EDDIE RIVERA CFO 6082314371 2025-11-13 1 1 SHELBY NETZ P01405265 4147775500 2025-11-13 2024 2025-03-06 01:10:19Z AMERICA'S CREDIT UNIONS JIM NUSSLE 99 M STREET SE 300 WASHINGTON DC 20003 125297432 0 X AMERICASCREDITUNIONS.ORG X 1970 WI CREDIT UNION NATIONAL ASSOCIATION, INC. D/B/A AMERICA'S CREDIT UNIONS IS A NATIONAL TRADE ASSOCIATION FOR CREDIT UNIONS ORGANIZED TO SUPPORT, PROTECT, UNIFY, AND ADVANCE THE GOALS AND PURPOSES OF THE CREDIT UNION SYSTEM. IT PROVIDES LEGISLATIVE, RESEARCH, PUBLIC RELATIONSHIP, EDUCATIONAL AND SERVICES DEVELOPMENT SUPPORT FOR THE CREDIT UNION SYSTEM. ON JANUARY 1, 2024, CREDIT UNION NATIONAL ASSOCIATION MERGED WITH THE NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS. 15 15 360 186 407197 53865 7620242 2649340 64768988 96456565 1967690 3186416 12674161 1616103 87031081 103908424 400000 400000 0 0 39008562 53459959 0 0 0 39014116 47502499 78422678 101362458 8608403 2545966 81044149 106356359 39289260 40908425 41754889 65447934 X CREDIT UNION NATIONAL ASSOCIATION, INC. D/B/A AMERICA'S CREDIT UNIONS IS A NATIONAL TRADE ASSOCIATION FOR CREDIT UNIONS ORGANIZED TO SUPPORT, PROTECT, UNIFY, AND ADVANCE THE GOALS AND PURPOSES OF THE CREDIT UNION SYSTEM. IT PROVIDES LEGISLATIVE, RESEARCH, PUBLIC RELATIONSHIP, EDUCATIONAL AND SERVICES DEVELOPMENT SUPPORT FOR THE CREDIT UNION SYSTEM. 0 1 ADVOCACY - PROVIDES REGULATORY, LEGISLATIVE AND ADVOCACY SUPPORT IN WASHINGTON, D.C. FOR THE CREDIT UNION MEMBERSHIP. ASSOCIATION SERVICES - PROVIDES TRAINING, EDUCATION AND ANNUAL CONFERENCE FOR CREDIT UNION STAFF AND ITS MEMBERS. SALES & MARKETING, CU DEVELOPMENT 0 1 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 198 0 360 1 1 1 0 0 0 1 1 0 1 0 X 15 15 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X EDDIE RIVERA 6082314371 4703 MADISON YARDS WAY SUITE 300 MADISON WI 53705 PAT PIERCE CHAIR 10.00 X X 0 0 0 KAREN HARBIN VICE CHAIR 10.00 X X 0 0 0 JIM MORRELL TREASURER 5.00 X X 0 0 0 KEITH SULTEMEIER SECRETARY 5.00 X X 0 0 0 BRIAN SCHOOLS DIRECTOR & IMM PAST CHAIR 5.00 X 0 0 0 AMY SINK DIRECTOR 3.00 X 0 0 0 DAY MATTHEWS DIRECTOR 3.00 X 0 0 0 FRED ROBINSON DIRECTOR 3.00 X 0 0 0 GARY GRINNELL DIRECTOR 3.00 X 0 0 0 JEFF OLSON DIRECTOR 3.00 X 0 0 0 LISA GINTER DIRECTOR 3.00 X 0 0 0 LONNIE NICHOLSON DIRECTOR 3.00 X 0 0 0 LORI HERRICK DIRECTOR 3.00 X 0 0 0 MELANIE KENNEDY DIRECTOR 3.00 X 0 0 0 NADER MOGHADDAM DIRECTOR 3.00 X 0 0 0 JAMES NUSSLE PRESIDENT/CEO 40.00 X 2433770 0 551008 B DAN BERGER CEO (TERM 01/2024) 40.00 X 1240648 0 34973 RANDAL SALSER PRES NAFCU SERV CORP (TERM 04/2024) 40.00 X 885339 0 47699 JILL TOMALIN EXEC. VP & CHIEF OF STAFF 40.00 X 732620 0 113201 ANTHONY DEMANGONE CHIEF MEMB. & ENGAGE. OFFICER 40.00 X 738101 0 66642 TODD SPICZENSKI CHIEF ASSOC. SERVICES OFFICER 40.00 X 610506 0 78777 MEGHAN SMALL CHIEF COMM. & MARKETING OFFICER 40.00 X 539644 0 69200 EDDIE RIVERA CFO & COO 40.00 X 510340 0 89946 CARRIE HUNT CHIEF ADVOCACY OFFICER 40.00 X 523127 0 68887 GREGORY MESACK SR. VP OF ADVOCACY 40.00 X 581842 0 70835 RICHARD GOSE ADVOCACY CONSULTANT (TERM 06/2024) 40.00 X 460606 0 69423 SUSAN PARISI CHIEF CORPORATE COUNSEL OFFICER 40.00 X 394523 0 82752 ANN PETROS VP OF POLICY ENGAGE, & CU OP. 40.00 X 405334 0 39632 CATHERINE PORTERFIELD VICE PRESIDENT MEMBER ENGAGEMENT & SERVICE 40.00 X 373088 0 27557 10429488 0 1410532 166 0 1 0 NCONTRACTS LLC PO BOX 200125 PITTSBURGH PA 152510125 PROGRAM PARTNER 1141936 ARAMARK FACILITIES SERVICES LLC WALTER E WASH CONV CENTER 801 MT WASHINGTON DC 20001 CONFERENCE SERVICES 1055768 LEVY RESTAURANTS AT THE BOSTON CONVENTIO LEVY BOSTON EXHIBITION CENTER BOSTON MA 02210 CONFERENCE SERVICES 889788 ELEVATED CAMPAIGNS 4422 N RAVENSWOOD CHICAGO IL 60640 CAMPAIGN SERVICES 816674 BEACON HILL STAFFING GROUP LLC PO BOX 846193 BOSTON MA 022846193 CONSULTING SERVICES 811381 67 2649340 2649340 MEMBERSHIP DUES 900099 48571126 48571126 ASSOCIATION SERVICES 900099 30444588 30444588 GOVERNMENT AFFAIRS 900099 8995450 8995450 OTHER PROGRAM REVENUE 900099 8445401 8445401 96456565 3278190 3278190 66820 66820 21261021 21262829 89966 -1808 -89966 -91774 -91774 36213 36213 0 REIMBUR. FROM AFF. 900099 1208906 1208906 ADVERTISING 541800 340377 340377 1549283 103908424 97665471 407197 3186416 400000 9334429 28778904 3556428 2970893 8819305 170662 267964 5269222 72804 5876681 3730160 2885896 4084935 2206323 6973716 9648796 1169958 565821 EXCISE TAX 460676 BAD DEBT EXPENSE 298856 COMMISSIONS 175599 UBIT 11309 3633121 101362458 1484730 322802 14551791 16307847 12166 0 902218 484875 0 2616029 2991739 2876555 14841371 4345945 5592648 10495426 37034744 56940973 2312055 2210390 16162058 14101462 81044149 106356359 6818461 7881522 13564283 15880961 18906516 17145942 39289260 40908425 X 39492342 59811182 2262547 5636752 41754889 65447934 81044149 106356359 X 2545966 1701651 19445428 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4685623 41421 41421 1 1 0 0 PART I-A, LINE 1: ADMINISTRATIVE EXPENSES FOR A CONNECTED FEDERAL PAC AND EXPENSES RELATED TO "PARTISAN COMMUNICATIONS" EXEMPT FROM THE DEFINITION OF "CONTRIBUTION AND "EXPENDITURE" UNDER THE FEDERAL ELECTION CAMPAIGN ACT OF 1971 AS AMENDED. 5587298 5587298 5788748 1967600 3821148 3465325 2378345 1086980 10495426 EMPLOYEE RETENTION CREDIT RECEIVABLE 4857229 AFFILIATES RECEIVABLE 629403 RIGHT OF USE ASSET, NET 8614830 14101462 DEFERRED COMPENSATION 4544728 AFFILIATE PAYABLES 280754 OPERATING LEASE LIABILITY 12320460 17145942 X PART X, LINE 2: AMERICA'S CREDIT UNIONS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) EXCEPT FOR UNRELATED BUSINESS INCOME. MANAGEMENT HAS CONCLUDED THAT AMERICA'S CREDIT UNIONS HAS PROPERLY MAINTAINED THEIR EXEMPT STATUS. IN ADDITION, ALL RELATED FILINGS WILL BE TIMELY FOR THE YEAR ENDED DECEMBER 31, 2024 AND THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. CREDIT UNION AWARENESS, LLC WAS TREATED AS A DISREGARDED ENTITY FOR FEDERAL TAXATION PURPOSES AND THE ACTIVITIES ARE REPORTED WITHIN THE TAX RETURNS OF AMERICA'S CREDIT UNIONS. CREDIT UNION AWARENESS, LLC WAS DISSOLVED DURING 2024. 1 NATIONAL CREDIT UNION FOUNDATION 4703 MADISON YARDS WAY SUITE 300 MADISON WI 53705 391383650 501(C)(3) 400000 0 GENERAL SUPPORT 1 0 PART I, LINE 2: AMERICA'S CREDIT UNIONS ONLY PROVIDES GRANTS TO RELATED ORGANIZATIONS THAT IT HAS HAD A HISTORICAL AND CONTINUING RELATIONSHIP WITH. X X X 1 1 X X X X 1 1 0 JAMES NUSSLE PRESIDENT/CEO 1570266 0 802235 0 61269 0 511841 0 39167 0 2984778 0 0 0 B DAN BERGER CEO (TERM 01/2024) 105207 0 0 0 1135441 0 10338 0 24635 0 1275621 0 0 0 RANDAL SALSER PRES NAFCU SERV CORP (TERM 04/2024) 102496 0 296442 0 486401 0 20700 0 26999 0 933038 0 0 0 JILL TOMALIN EXEC. VP & CHIEF OF STAFF 516243 0 57500 0 158877 0 83090 0 30111 0 845821 0 0 0 ANTHONY DEMANGONE CHIEF MEMB. & ENGAGE. OFFICER 492375 0 136157 0 109569 0 52600 0 14042 0 804743 0 0 0 TODD SPICZENSKI CHIEF ASSOC. SERVICES OFFICER 421690 0 46448 0 142368 0 57977 0 20800 0 689283 0 0 0 GREGORY MESACK SR. VP OF ADVOCACY 380690 0 97336 0 103816 0 27600 0 43235 0 652677 0 0 0 MEGHAN SMALL CHIEF COMM. & MARKETING OFFICER 281712 0 81841 0 176091 0 45700 0 23500 0 608844 0 0 0 EDDIE RIVERA CFO & COO 311841 0 39375 0 159124 0 58635 0 31311 0 600286 0 0 0 CARRIE HUNT CHIEF ADVOCACY OFFICER 461022 0 57500 0 4605 0 50000 0 18887 0 592014 0 0 0 RICHARD GOSE ADVOCACY CONSULTANT (TERM 06/2024) 177057 0 0 0 283549 0 27641 0 41782 0 530029 0 0 0 SUSAN PARISI CHIEF CORPORATE COUNSEL OFFICER 281580 0 31134 0 81809 0 53941 0 28811 0 477275 0 0 0 ANN PETROS VP OF POLICY ENGAGE, & CU OP. 259912 0 70588 0 74834 0 27600 0 12032 0 444966 0 0 0 CATHERINE PORTERFIELD VICE PRESIDENT MEMBER ENGAGEMENT & S 257146 0 63462 0 52480 0 0 0 27557 0 400645 0 0 0 PART I, LINE 1A FIRST-CLASS TRAVEL IS AVAILABLE TO THE CEO AND WAS TREATED AS TAXABLE COMPENSATION. HEALTH AND SOCIAL CLUBS IS AVAILABLE AND LIMITED TO OFFICERS THAT HAVE A BUSINESS NEED TO ACCESS CERTAIN SOCIAL CLUBS. TRAVEL FOR COMPANIONS IS AVAILABLE TO THE CEO AND CHIEF OFFICERS REPORTING DIRECTLY TO THE CEO AND THE CHIEF OF STAFF. IT IS TREATED AS A TAXABLE BENEFIT. PART I, LINES 4A-B SOME EMPLOYEES RECEIVED A SEVERANCE PAYMENT DURING THE CALENDER YEAR. THE TERMS AND CONDITIONS OF THE CONFIDENTIAL SEVERANCE AGREEMENT ARE AVAILABLE TO THE INTERNAL REVENUE SERVICE UPON REQUEST. AMERICA'S CREDIT UNIONS PROVIDES A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO ELIGIBLE EMPLOYEES. DURING 2024, THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE PLAN: JAMES NUSSLE, ANTHONY DEMANGONE, CARRIE HUNT, MEGHAN SMALL, SUSAN PARISI, JILL TOMALIN, TODD SPICZENSKI, TERESA HANSON, AND EDDIE RIVERA. NO AMOUNTS WERE PAID OUT IN 2024. B DAN BERGER SEE SUPPLEMENTAL INFORMATION SPLIT-DOLLAR INTEREST RECEIVABLE X 2600000 2616029 0 1 1 2616029 SCHEDULE L, PART II, COLUMN (C): B. DAN BERGER WAS THE FORMER CEO OF NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS (NAFCU). NAFCU MERGED WITH THE FILING ORGANIZATION, AND HIS EMPLOYMENT ENDED IN JANUARY 2024. NAFCU PREVIOUSLY MAINTAINED A SPLIT-DOLLAR ARRANGEMENT WITH MR. BERGER. AMERICA'S CREDIT UNIONS TOOK OVER AS BENEFICIARY OF THE POLICY IN 2024, BUT MR. BERGER REMAINS THE OWNER OF THE FUNDING ACCOUNTS. FORM 990, PART III, LINE 3 AS A RESULT OF THE MERGER, VARIOUS LEGACY PROGRAMS AND PRODUCTS WERE DISCONTINUED, INCLUDING SUBSCRIPTION PRINT PUBLICATIONS. FORM 990, PART VI, SECTION A, LINE 1A AMERICA'S CREDIT UNIONS UTILIZES VARIOUS COMMITTEES AS PART OF ITS GOVERNANCE STRUCTURE. ALL COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY ARE COMPRISED OF MEMBERS OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD AND HAS CERTAIN POWERS TO ACT ON BEHALF OF THE BOARD, INCLUDING THE POWER TO: ELECT OR APPOINT OFFICERS, BOARD MEMBERS OR EXECUTIVE COMMITTEE MEMBERS; SELECT, EVALUATE OR DISMISS THE CEO; APPROVE THE BUDGET AND OTHER OPERATIONAL NEEDS OF THE ORGANIZATION; AND TO DISSOLVE THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE 1/1/2024, CREDIT UNION NATIONAL ASSOCIATION (CUNA) AND NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS (NAFCU) EXECUTED ARTICLES OF MERGER WITH THE STATE OF WISCONSIN, AND BEGAN DOING BUSINESS UNDER AMERICA'S CREDIT UNIONS. AMERICA'S CREDIT UNIONS AMENDED THEIR BYLAWS EFFECTIVE 1/1/2024 TO INSTITUTE REPORTABLE KEY CHANGES, INCLUDING THE FOLLOWING: I) UPDATE THE NUMBER, COMPOSITION, AND QUALIFICATIONS OF THE BOARD MEMBERS TO ACCOUNT FOR THE TWO ORGANIZATIONS; II) PROVIDE FOR THE INITIAL OFFICERS OF THE ORGANIZATION AS OF 1/1/24 NOT BE SUBJECT TO A TERM MAXIMUM. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS INCLUDE STATE AND REGIONAL CREDIT UNION TRADE ASSOCIATIONS (LEAGUES), CREDIT UNIONS THAT ARE LOCATED WITHIN THE UNITED STATES, CREDIT UNIONS ORGANIZED AND OPERATING UNDER THE JURISDICTION OF THE NATIONAL CREDIT UNION ADMINISTRATION THAT ARE SERVING AMERICAN MILITARY AND CIVILIAN PERSONNEL AT OVERSEAS INSTALLATIONS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS WITHIN A REGION OF THE COUNTRY ELECT BOARD MEMBERS FROM THAT REGION OF THE COUNTRY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RESOLVED THAT THE FORM 990 WOULD BE REVIEWED BY THE CHAIR AND TREASURER OF THE ORGANIZATION AND A FINAL COPY WOULD THEN BE PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WHEN PRESENTED WITH A POTENTIAL CONFLICT SITUATION, THE GOVERNANCE COMMITTEE WILL CONSIDER PRECEDENT AND CONSULT WITH THE BOARD CHAIR, PRESIDENT AND CORPORATE COUNSEL BEFORE FORMALIZING AND PRESENTING ITS RECOMMENDATIONS FOR ACTION. THE MATTER, INCLUDING THE RECOMMENDATION OF THE GOVERNANCE COMMITTEE, WILL BE PRESENTED TO THE EXECUTIVE COMMITTEE FOR A DECISION. THE DECISION OF THE EXECUTIVE COMMITTEE WILL BE COMMUNICATED TO THE AFFECTED INDIVIDUAL. THERE IS ONE RIGHT OF APPEAL. THOSE ALLOWED TO SERVE WHEN A POTENTIAL CONFLICT EXISTS WILL HAVE A CONTINUING RESPONSIBILITY TO ADHERE TO ANY LIMITATION PLACED BY THE GOVERNANCE COMMITTEE, AND WILL PROACTIVELY RECUSE THEMSELVES FROM DISCUSSIONS, DECISIONS OR VOTING ON ANY MATTER AFFECTED BY THE CONFLICT. CONFLICT OF INTEREST DISCLOSURE FORMS ARE REQUIRED TO BE COMPLETED ANNUALLY BY ALL MEMBERS OF THE BOARD OF DIRECTORS, BY OFFICERS AND BY MANAGERS OF THE ORGANIZATION AND SUBMITTED TO THE PRESIDENT FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCES AND THE COMPENSATION REVIEW COMMITTEE CONDUCT COMPARABLE COMPENSATION REVIEWS REGULARLY TO DETERMINE COMPENSATION FOR THE CEO. OTHER THAN THE CEO, OFFICERS AND KEY EMPLOYEES ARE COMPENSATED CONSISTENT WITH POLICY AND PRACTICE. A SALARY GRADE TABLE SYSTEM IS IN PLACE AND ALL POSITIONS, AND SALARIES FOR ALL POSITIONS, ARE MAINTAINED WITH IN THE TABLE RANGES. THESE TABLES ARE REVIEWED ANNUALLY AND UPDATED AS NEEDED. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION COPIES AND MAILS NON-PRIVILEGED OR NON-CONFIDENTIAL CORPORATE DOCUMENTS TO MEMBERS OF THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INHERENT CONTRIBUTION FROM COMBINATION 19,547,093. EQUITY INCOME IN CSS -101,665. CU AWARENESS LLC 4703 MADISON YARDS WAY SUITE 300 MADISON WI 53705 842635576 AWARENESS INITIATIVE PROGRAM MANAGEMENT, DISSOLVED DURING 2024. WI -2149516 0 CREDIT UNION NATIONAL ASSOCIATION INC CUNA STRATEGIC SERVICES INC 4703 MADISON YARDS WAY SUITE 300 MADISON WI 53705 391979912 PRODUCTS & SERVICES PROVIDER FOR CREDIT UNIONS WI N/A C 1725490 2549886 0.52220 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 CUNA STRATEGIC SERVICES INC O 1548459 FMV CUNA STRATEGIC SERVICES INC Q 890000 FMV CUNA STRATEGIC SERVICES INC A 66820 FMV