Wisconsin Credit Union League

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 390712580 ✦ Madison, WI ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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: $346,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,495,650

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 President & Ceo of Wisconsin Credit Union League. The CEO's salary of Wisconsin Credit Union League is $927,708 and their total compensation is $969,095.


Official website here: www.theleague.coop

What is the revenue of Wisconsin Credit Union League?

Wisconsin Credit Union League's revenue in 2022 was $4,173,686.


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 2022 was $65,802. There are 28 employees and 62 volunteers at Wisconsin Credit Union League.


Here are 15 key members and their salaries (Wisconsin Credit Union League's CEO's salary is $927,708 and their total compensation is $969,095):


Brandon Riechers (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lora Benrud (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Moczynski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Rooney (Secretary (From 12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Frawley (Secretary (Thru 11/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Wills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Krahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Schinke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Ralofsky (Director (Thru 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Thompson (President & Ceo)
  • Compensation: $927,708
  • Related: $0
  • Other: $41,387
John Engel (Director Of Legal Affairs)
  • Compensation: $154,044
  • Related: $0
  • Other: $25,597
Paul Guttormsson (Svp & General Counsel)
  • Compensation: $153,301
  • Related: $0
  • Other: $30,686
Beth Ellis (Svp Finance & Strategic Partnerships)
  • Compensation: $152,715
  • Related: $0
  • Other: $20,396
Sarah Wainscott (Svp Of Advocacy)
  • Compensation: $139,861
  • Related: $0
  • Other: $10,725


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 2022 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$4,173,686 (2022)
Expenses
$3,821,282 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $56,947
  • Program Service Revenue: $3,822,673
  • Gross Receipts: $4,696,096

Assets and Liabilities:

  • Total Assets: $11,044,578
  • Total Liabilities: $4,150,539
  • Net Assets: $6,894,039

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$2,914,065

CONVENTION REVENUE

Revenue

$460,854

EDUCATION AND TRAINING

Revenue

$369,546

CONSULTATION SERVICES

Revenue

$37,825

COMMITTEES

Revenue

$32,500

Organization Details

Founding Year

1939

Principal Officer

Brett Thompson

Main Address

1 E MAIN STREET 101, MADISON, WI, 537035109

NTEE Category

Code: S41 - Community improvement

If you are a representative of Wisconsin Credit Union League and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.