Glacier Hills Credit Union

EIN: 390803157

West Bend, WI

Total Revenue
$11,609,284
Total Expenses
$9,456,252
Total Assets
$236,476,324
Net Assets
$23,491,803
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
WI
Principal Officer
Bradley Bartels
Phone
2623381888
Tax Period
2023-01-01 to 2023-12-31

Glacier Hills Credit Union, founded in 1934, is a mid-sized nonprofit that reported $11.6M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 19% operating margin.

Mission

A cooperative, not-for-profit corporation, incorpated under Wisconsin State Law to encourge thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $9,760,949
Investment Income $1,848,335
Other Revenue $0
TOTAL REVENUE $11,609,284

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,514,674
Fundraising Expenses $0
Program Expenses $0
Other Expenses $5,941,578
TOTAL EXPENSES $9,456,252

Year-over-Year Comparison

2023 2022 Change
Revenue $11,609,284 $9,272,339 +0.3%
Expenses $9,456,252 $7,347,009 +0.3%
Net Income $2,153,032 $1,925,330 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
65
Volunteers
7

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
10
$359,844
Total Directors
7
$2,450
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tami Winkler President 40
Officer
$180,094 $25,874 $205,968
Travis Livingood Vice President of Marketing 40
Officer
$119,213 $32,213 $151,426
Eric Schmoldt former CFO 40
$117,167 $5,868 $123,035
Kevin Hegel DIRECTOR OF INFORMATION TECHNOLOGY 40
Highest
$104,765 $15,779 $120,544
Chris Trost Director of Lending 40
Highest
$108,990 $5,467 $114,457
Karen Wilson Chairperson 1
Officer Director
$0 $350 $350
Ken Schuh Vice Chairperson 1
Officer Director
$0 $350 $350
Stan Miske Treasurer 1.0
Officer Director
$0 $350 $350
Marilynn Orlopp Secretary 1
Officer Director
$0 $350 $350
Jeff Frank Board Member 1
Officer Director
$0 $350 $350
Allison Holtzer Board Member 1
Officer Director
$0 $350 $350
Joy Sterr Board Member 1
Officer Director
$0 $350 $350
Bradley Bartels CFO 40.00
Officer
$0 $0 $0
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 No data No data No data No data
2023 $11,609,284 $9,456,252 $236,476,324 $2,153,032
2022 $9,272,339 $7,347,009 $219,587,920 $1,925,330
2021 $8,784,657 $6,324,377 $212,874,773 $2,460,280
2020 $8,544,878 $6,741,576 $185,055,465 $1,803,302
2019 $7,819,453 $6,158,164 $146,753,089 $1,661,289
2018 $7,180,450 $5,520,541 $133,697,544 $1,659,909
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