2025-11-04T17:32:41-06:00 2024-12-31 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-01-01 261564606 MARINE CREDIT UNION FOUNDATION MARI 6087911306 300 2ND STREET N 400 LA CROSSE WI 54601 JOUMANA MCDAD SECRETARY/MCU CHIEF EXP. OFF. 6087911306 2025-11-03 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2025-10-22 2024 2025-03-06 01:10:19Z CAITLIN WILSON 300 2ND STREET N 400 LA CROSSE WI 54601 1227311 0 X HTTPS://WWW.MARINECU.COM/ X 2007 WI THE MCU FOUNDATION WAS FOUNDED TO MAKE A POSITIVE DIFFERENCE IN THE COMMUNITIES SERVED BY MCU THROUGH CHARITABLE DONATIONS AND INITIATIVES THAT INCREASE FINANCIAL LITERACY. 4 0 0 57 0 0 404584 368960 0 0 -45996 237226 16039 52058 374627 658244 206371 165460 0 0 234224 151564 0 0 0 129917 145887 570512 462911 -195885 195333 1347086 1314209 76325 18789 1270761 1295420 THE MCU FOUNDATION WAS FOUNDED TO MAKE A POSITIVE DIFFERENCE IN THE COMMUNITIES SERVED BY MCU THROUGH CHARITABLE DONATIONS AND INITIATIVES THAT INCREASE FINANCIAL LITERACY. 0 0 165460 165460 0 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. 82237 0 0 THE FINDING HOME PROGRAM IS A 12 MONTH COUNSELING PROGRAM THAT ASSISTS FAMILIES IN FINANCING AND PURCHASING THEIR FIRST HOME. 247697 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 X 4 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X MARISA ELLSWORTH 6087911306 300 2ND STREET N 400 LA CROSSE WI 54601 ANNE SNOW PRESIDENT 1.00 5.00 X X 0 29479 0 WILLIAM MAAS TREASURER 1.00 5.00 X X 0 27500 0 JOUMANA MCDAD SECRETARY/MCU CHIEF EXPERIENCE OFF. 1.00 40.00 X X 0 319723 36099 DARRICK WEEKS DIRECTOR/MCU PRESIDENT & CEO 1.00 40.00 X X 0 610318 49137 KEN KING PRESIDENT (THRU 02/2024) 1.00 X 0 0 0 RYAN HALL TREASURER (THRU 02/2024) 1.00 X 0 0 0 JOSH VANDEBERG SECRETARY (THRU 02/2024) 1.00 X 0 0 0 SHY JACKSON DIRECTOR (THRU 02/2024) 1.00 X 0 0 0 JUAN JIMENEZ DIRECTOR (THRU 02/2024) 1.00 X 0 0 0 SAM KAUFMAN DIRECTOR (THRU 02/2024) 1.00 X 0 0 0 TONYA WAGNER DIRECTOR (THRU 02/2024) 1.00 X 0 0 0 QUINN DEVLIN EXECUTIVE DIRECTOR (THRU 03/2024) 25.00 X 0 29485 11124 CAITLIN WILSON EXECUTIVE DIRECTOR 25.00 X 0 160174 9367 0 1176679 105727 0 0 1 0 0 114000 36688 218272 368960 30425 30425 723907 517106 206801 206801 206801 50116 114000 51961 -1845 -1845 53903 53903 53903 658244 0 0 289284 165460 165460 72361 72361 79203 79203 2001 2001 26025 26025 8072 8072 24483 24483 409 409 2292 2292 FINDING HOMES EXPENSE 82237 82237 368 368 462911 247697 215214 0 93323 154611 171 73961 7772 0 1703 2471 1244117 1083166 1347086 1314209 76325 18789 76325 18789 X 1246266 1295420 24495 0 1270761 1295420 1347086 1314209 195333 -170674 0 X 0 1 X 1 0 X 470982 464992 431922 404584 368960 2141440 470982 464992 431922 404584 368960 2141440 886875 1254565 14284 13373 22120 30701 30425 110903 12339 12339 2264682 61840 0.55400 0.55120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 479498 -170674 -170674 650172 8072 8072 658244 454839 0 454839 8072 8072 462911 GOLF OUTING 147221 114000 33221 8846 7396 12250 22579 OKTOBERFEST 11125 11125 630 147 1 5770 5770 113 164116 114000 50116 8846 8026 12250 22839 51961 -1845 1 FEED MY PEOPLE 2610 ALPINE RD EAU CLAIRE WI 54703 361488941 501(C)(3) 9200 0 COMMUNITY GIVING: FEEDING THE HUNGRY HABITAT FOR HUMANITY 3181 BERLIN DRIVE LA CROSSE WI 54601 391706999 501(C)(3) 7500 0 COMMUNITY GIVING: EQUITABLE HOUSING THE GOOD FIGHT 118 6TH ST N LA CROSSE WI 54601 812930941 501(C)(3) 7000 0 COMMUNITY GIVING: YOUTH COMMUNITY CENTER GIFT OF ADOPTION FUND 2010 CANDLE WAY GREEN BAY WI 54304 391863217 501(C)(3) 6310 0 COMMUNITY GIVING: ADOPTION RESOURCES ONALASKA ENHANCEMENT FOUNDATION 201 MAIN ST 10TH FLOOR LA CROSSE WI 54601 264705880 501(C)(3) 6250 0 COMMUNITY GIVING: INCLUSION PLAYGROUND 5 0 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 PROVIDING DOCUMENTATION OF THE USE OF FUNDS AND APPROVAL OF A DISTRICT MANAGER. A REQUEST FOR A 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 INDIVIDUALS ARE LOCAL TO THE GEOGRAPHICAL 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 THE FOUNDATION STAFF UTILIZING DOCUMENTED POLICES AND PROCEDURES. 0 0 0 0 0 0 0 0 0 DARRICK WEEKS DIRECTOR/MCU PRESIDENT & CEO 0 462177 0 138880 0 9261 0 15250 0 33887 0 659455 0 0 JOUMANA MCDAD SECRETARY/MCU CHIEF EXPERIENCE OFF. 0 233462 0 86000 0 261 0 3195 0 32904 0 355822 0 0 CAITLIN WILSON EXECUTIVE DIRECTOR 0 128969 0 31000 0 205 0 7737 0 1630 0 169541 0 0 PART I, LINE 3 THE ORGANIZATION HAS A MANAGEMENT SERVICES AGREEMENT WITH MARINE CREDIT UNION, UNDER WHICH MCU ADMINISTERS ALL HUMAN RESOURCES FUNCTIONS FOR THE MCU EMPLOYEES PROVIDING SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS DURING THE YEAR OF FILING. THE SIGNIFICANT CHANGES ARE: - BOARD COMPOSITION: INCREASE MINIMUM NUMBER OF DIRECTORS FROM 3 TO 5 WITH A NEW MAXIMUM OF 9. DIRECTORS MUST NOW BE AT LEAST 18 AND NOT EMPLOYED BY ORGANIZATION OR HAVE IMMEDIATE FAMILY MEMBERS EMPLOYED, WITH LIMITED EXCEPTIONS. - DOCUMENT RETENTION: ADDITION OF A RECORDING KEEPING ARTICLE (ARTICLE IX) DETAILING RETENTION AND INSPECTION RIGHTS. - DISTRIBUTION OF ASSETS: A NEW ARTICLE (ARTICLE X) OUTLINES ASSET DISTRIBUTION UPON DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B A FULL DRAFT OF FORM 990 IS 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, PART VI, SECTION B, 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 PERSONS, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST 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 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 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A MANAGEMENT SERVICES AGREEMENT WITH MARINE CREDIT UNION, UNDER WHICH MCU ADMINISTERS ALL HUMAN RESOURCES FUNCTIONS FOR THE MCU EMPLOYEES PROVIDING SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST. MARINE CREDIT UNION 300 2ND STREET N SUITE 400 LACROSSE WI 54601 390827305 CREDIT UNION WI 501(C)(14) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0