WISCONSIN CREDIT UNION LEAGUE

EIN: 390712580

MADISON, WI

Total Revenue
$4,370,827
Total Expenses
$4,033,787
Total Assets
$11,921,596
Net Assets
$7,731,080
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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
WI
Principal Officer
SARAH WAINSCOTT
Phone
8002420833
Tax Period
2024-01-01 to 2024-12-31

WISCONSIN CREDIT UNION LEAGUE, founded in 1939, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2024. Expenses of $4.0M left a modest 8% surplus.

Mission

THE CORE PURPOSE OF THE LEAGUE IS TO PROVIDE INNOVATIVE IDEAS AND SOLUTIONS FOR CREDIT UNIONS AND PROMOTE AND PROTECT THE IDEALS OF MEMBER OWNERSHIP, VOLUNTEERISM, AND UNITY.

Program Service Accomplishments

Program 1

THE LEAGUE ASSISTED WITH OVER 1,100 COMPLIANCE QUESTIONS AND SENT OVER 89 NEWSLETTERS TO HELP COMPLIANCE PROS REMAIN ALERT AND ON TASK. THE LEAGUE MAINTAINED THOUSANDS OF PAGES OF COMPLIANCE RESOURCE...

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THE LEAGUE ASSISTED WITH OVER 1,100 COMPLIANCE QUESTIONS AND SENT OVER 89 NEWSLETTERS TO HELP COMPLIANCE PROS REMAIN ALERT AND ON TASK. THE LEAGUE MAINTAINED THOUSANDS OF PAGES OF COMPLIANCE RESOURCE WEBPAGES TO OFFER CURRENT AND COMPREHENSIVE GUIDANCE AND RESOURCES. THERE WERE REGULAR UPDATES OF THE LEAGUE'S 155 II RELEASES TO KEEP UP WITH STATE AND FEDERAL REGULATORY CHANGES IMPACTING CREDIT UNIONS. THE LEAGUE OFFERED FREE ACCESS TO POLICYAID, AN ONLINE LIBRARY OF MORE THAN 100 OPERATIONAL POLICIES. MANY CREDIT UNIONS RECEIVED ASSISTANCE WITH HUMAN RESOURCES QUESTIONS THROUGH THE NEW HR LEGAL LINE. THE LEAGUE PROVIDED CONSULTATION ON PREPARATION FOR EXAMS, MANAGING RISK, REDUCING COSTS, GROWING INCOME, BUDGETING, AND MORE.

Program 2

THE LEAGUE ENGAGED MORE THAN 2,300 PARTICIPANTS THROUGH IN-PERSON AND VIRTUAL EDUCATIONAL EVENTS. THE LEAGUE CONTINUED TO BUILD AN ON-DEMAND LIBRARY OF TRAINING OPTIONS TO ALLOW PARTICIPANTS TO LEARN...

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THE LEAGUE ENGAGED MORE THAN 2,300 PARTICIPANTS THROUGH IN-PERSON AND VIRTUAL EDUCATIONAL EVENTS. THE LEAGUE CONTINUED TO BUILD AN ON-DEMAND LIBRARY OF TRAINING OPTIONS TO ALLOW PARTICIPANTS TO LEARN AT ANYTIME BY GOING ONLINE. THE LEAGUE FACILITATED ROUNDTABLE DISCUSSIONS FOR CREDIT UNIONS FOR NETWORKING AND IDEA SHARING. THE LEAGUE CONTINUED TO FOCUS ON THE YOUNG PROFESSIONALS NETWORK, A FREE CAREER DEVELOPMENT AND LEADERSHIP TRAINING PROGRAM OPEN TO CREDIT UNION STAFF AND DIRECTORS AGE 35 AND YOUNGER. 80% OF ALL WISCONSIN CREDIT UNIONS PARTICIPATED IN LEAGUE TRAINING EVENTS.

Program 3

THE LEAGUE SPONSORED TWO MAJOR GOVERNMENT AFFAIRS CONFERENCES AND OTHER TRAINING EVENTS. THE LEAGUE EXPANDED ACCESS TO GOVERNMENT AFFAIRS CONFERENCES AND EVENTS THROUGH SCHOLARSHIPS. THE LEAGUE...

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THE LEAGUE SPONSORED TWO MAJOR GOVERNMENT AFFAIRS CONFERENCES AND OTHER TRAINING EVENTS. THE LEAGUE EXPANDED ACCESS TO GOVERNMENT AFFAIRS CONFERENCES AND EVENTS THROUGH SCHOLARSHIPS. THE LEAGUE FURTHER DEVELOPED GRASSROOTS STRENGTH TO OVER 1,000 MEMBERS AND MADE OVER 2,900 CONTACTS TO STATE AND FEDERAL LAWMAKERS ON POLICY PRIORITIES IMPACTING CREDIT UNIONS. THE LEAGUE DEFENDED AND PROMOTED CREDIT UNIONS AND THE CREDIT UNION DIFFERENCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,100,431
Investment Income $269,963
Other Revenue $433
TOTAL REVENUE $4,370,827

Expense Breakdown

Grants Paid $103,048
Salaries & Benefits $2,442,074
Fundraising Expenses $0
Other Expenses $1,488,665
TOTAL EXPENSES $4,033,787

Year-over-Year Comparison

2024 2023 Change
Revenue $4,370,827 $4,123,000 +0.1%
Expenses $4,033,787 $3,958,870 +0.0%
Net Income $337,040 $164,130 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
23
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$897,103
Total Directors
12
$0
Key Employees
2
$383,191
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDON RIECHERS CHAIR (THRU MAY 2024) 0.30
Officer Director
$0 $0 $0
CHRIS MOCZYNSKI CHAIR 0.30
Officer Director
$0 $0 $0
KIM ROONEY VICE CHAIR 0.30
Officer Director
$0 $0 $0
SHEILA SCHNIKE SECRETARY 0.30
Officer Director
$0 $0 $0
LORA BENRUD DIRECTOR (THRU MAY 2024) 0.30
Officer Director
$0 $0 $0
TRACIE WILLS DIRECTOR (THRU MAY 2024) 0.30
Director
$0 $0 $0
BETH KRAHN DIRECTOR 0.30
Director
$0 $0 $0
VAL MINDAK DIRECTOR (THRU JAN 2024) 0.30
Director
$0 $0 $0
SUE JOHNSON TREASURER (FROM MAY 2024) 0.30
Director
$0 $0 $0
DEREK GROTH DIRECTOR (FROM MAY 2024) 0.30
Director
$0 $0 $0
MARIANNE TORKELSON DIRECTOR 0.30
Director
$0 $0 $0
CHARLIE ZANAYED DIRECTOR 0.30
Director
$0 $0 $0
BRETT THOMPSON PRESIDENT & CEO 26.00
Officer
$662,164 $44,784 $706,948
BETH ELLIS CHIEF FINANCIAL & OPERATING OFFICER 24.00
Officer
$164,372 $25,783 $190,155
PAUL GUTTORMSSON SVP & GENERAL COUNSEL 32.00
Key Emp
$166,990 $33,034 $200,024
SARAH WAINSCOTT SVP OF ADVOCACY 40.00
Key Emp
$170,102 $13,065 $183,167
JOSH ROBERTS VP OF SYSTEM COLLABORATION 40.00
Highest
$108,053 $8,241 $116,294
JENNIFER ESSER VP OF PROFESSIONAL DEVELOPMENT 40.00
Highest
$104,918 $28,412 $133,330
KIM HOPPE DIRECTOR OF COMPLIANCE SPECIALIST PROGRAM 26.00
Highest
$110,532 $33,386 $143,918
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,370,827 $4,033,787 $11,921,596 $337,040
2023 $4,123,000 $3,958,870 $11,516,929 $164,130
2022 $4,173,686 $3,821,282 $11,044,578 $352,404
2021 $3,629,838 $3,331,641 $8,422,290 $298,197
2020 $3,100,115 $3,133,769 $8,608,659 $-33,654
2019 $3,797,844 $3,706,207 $8,306,061 $91,637
2018 $3,704,623 $3,781,545 $8,238,184 $-76,922
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