Overview
What is Wisconsin Credit Union League?
The Wisconsin Credit Union League is a nonprofit organization situated in Madison, Wisconsin. Its main objective is to support and foster the growth of the credit union movement within the state. To achieve this, the league offers guidance and resources to credit unions, addressing various concerns such as compliance, risk management, cost reduction, and income growth. The league maintains a comprehensive online library of operational policies, provides consultation services, and sends regular newsletters. Additionally, they maintain current and detailed compliance resource webpages to keep up with regulatory changes impacting credit unions. With a team of 28 employees, the Wisconsin Credit Union League aims to promote and protect the ideals of member ownership, volunteerism, and unity within the credit union community.
Official website here: www.theleague.coop
Is Wisconsin Credit Union League legitimate?
Wisconsin Credit Union League is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Credit Union League submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $916,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,052,064
For more financial information, click here
Official website here: www.theleague.coop
What is the mission statement of Wisconsin Credit Union League?
The Wisconsin Credit Union League's mission is centered around fostering the growth of the credit union movement and promoting cooperation among credit unions. They strive to provide innovative ideas and solutions for credit unions, upholding the ideals of member ownership, volunteerism, and unity. The league proactively assists with compliance-related questions, disseminates newsletters, and maintains extensive compliance resource webpages to keep credit unions informed and compliant with regulatory changes. Additionally, they offer free access to PolicyAid, an online library of operational policies, and provide consultation on various aspects such as examination preparation, risk management, cost reduction, and revenue growth.
Official website here: www.theleague.coop
Who is the CEO of Wisconsin Credit Union League?
Brett Thompson is the CEO of Wisconsin Credit Union League The CEO's salary of Wisconsin Credit Union League is $662,164 and their total compensation is $706,948.
Official website here: www.theleague.coop
What is the revenue of Wisconsin Credit Union League?
Wisconsin Credit Union League's revenue in 2024 was $4,370,827.
Official website here: www.theleague.coop
Who are the executives of Wisconsin Credit Union League and what are their salaries?
The average compensation at Wisconsin Credit Union League during 2024 was $85,603. There are 23 employees and 65 volunteers at Wisconsin Credit Union League.
Here are 19 key members and their salaries (Wisconsin Credit Union League's CEO's salary is $662,164 and their total compensation is $706,948):
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- Compensation: $662,164
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- Other: $44,784
- Compensation: $164,372
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- Other: $25,783
- Compensation: $166,990
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- Compensation: $108,053
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- Compensation: $104,918
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- Other: $28,412
- Compensation: $110,532
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- Other: $33,386
Official website here: www.theleague.coop
Where can I find the form 990 for Wisconsin Credit Union League?
Wisconsin Credit Union League's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.theleague.coop
Learn more at the official website: www.theleague.coop
Mission Statement of Wisconsin Credit Union League
Wisconsin Credit Union League, with its core purpose, strives to foster the growth of the credit union movement and promote cooperation among credit unions located in Wisconsin. The organization's mission is multifaceted, aiming to provide innovative ideas and solutions for credit unions, while simultaneously advocating for and protecting the ideals of member ownership, volunteerism, and unity. The League's activities are geared towards addressing the common concerns of credit unions, offering guidance and resources to ensure compliance with state and federal regulations, and providing access to valuable tools such as PolicyAid, an online library of operational policies. Through its comprehensive compliance resource websites and regular updates of its 168 II releases, the League ensures that credit unions remain informed and equipped to navigate regulatory changes, thereby enabling them to grow financially and serve their members effectively.
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Impact
October, 2024
The Wisconsin Credit Union League plays a vital role in fostering the growth of the credit union movement in Wisconsin and promoting cooperation among credit unions. By addressing over 1,500 compliance questions and disseminating more than 70 newsletters, the League ensures that compliance professionals stay informed and proactive in their roles. Its extensive online resource library offers thousands of pages of current and comprehensive compliance guidance, helping credit unions navigate the complexities of state and federal regulatory changes.
Furthermore, the League's regular updates to its resources and its access to PolicyAid—an online library of over 100 operational policies—demonstrate its commitment to supporting credit unions in various operational and governance matters. The League also provides valuable consultation services focused on preparing for exams, managing risk, reducing costs, and enhancing income, which directly contributes to the financial health and sustainability of member credit unions.
In promoting innovative ideas and solutions, the Wisconsin Credit Union League champions the ideals of member ownership, volunteerism, and unity within the credit union sector, ultimately strengthening the community and enhancing member services.
This information is meant to be a general summary of Wisconsin Credit Union League. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $251,248
- Program Service Revenue: $4,100,431
- Gross Receipts: $4,529,013
Assets and Liabilities:
- Total Assets: $11,044,578
- Total Liabilities: $4,150,539
- Net Assets: $6,894,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,107,441
CONVENTION REVENUE
Revenue
$582,401
EDUCATION AND TRAINING
Revenue
$347,269
COMMITTEES
Revenue
$30,000
CONSULTATION SERVICES
Revenue
$20,250
Organization Details
Founding Year
1939
Principal Officer
Sarah Wainscott
Website
www.theleague.coopNTEE Category
Code: S41 - Community improvement
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