Fond Du Lac Credit Union

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

EIN: 390936240 ✦ Fond du lac, WI ✦ Designated as a 501(c)(14)

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Overview

What is Fond Du Lac Credit Union?

Fond Du Lac Credit Union is a member-focused financial institution located somewhere, as the provided information does not specify. Established with a mission to deliver exceptional experiences, the Credit Union offers a diverse array of deposit accounts, attracting 447 new members in 2021, and currently serving a membership base of 6,656 as of December 31, 2021. Additionally, Fond Du Lac Credit Union provides various loan programs for its members, funding 719 new loans in 2021 and managing 3,350 outstanding loans as of the same date, thereby extending financial support to its members.


Official website here: www.fdlcu.com

Is Fond Du Lac Credit Union legitimate?

Fond Du Lac Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Fond Du Lac Credit Union 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: $275,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $588,083

For more financial information, click here


Official website here: www.fdlcu.com

What is the mission statement of Fond Du Lac Credit Union?

Fond Du Lac Credit Union is committed to delivering exceptional member experiences. As part of this mission, the credit union offers a variety of deposit accounts and has expanded its membership base, adding 447 new members in 2021. Additionally, they provide several loan programs, funding 719 new loans in the same year and managing 3,350 active loans. The credit union's focus on member satisfaction is evident in its operations, aiming to provide a positive and beneficial experience for its entire membership.


Official website here: www.fdlcu.com

Who is the CEO of Fond Du Lac Credit Union?

Scott Roesch is the President of Fond Du Lac Credit Union.


Official website here: www.fdlcu.com

What is the revenue of Fond Du Lac Credit Union?

Fond Du Lac Credit Union's revenue in 2022 was $2,717,548.


Official website here: www.fdlcu.com

Who are the executives of Fond Du Lac Credit Union and what are their salaries?

The average compensation at Fond Du Lac Credit Union during 2022 was $33,196. There are 26 employees and 6 volunteers at Fond Du Lac Credit Union.


Here are 9 key members and their salaries:


Scott Roesch (President)
  • Compensation: $121,432
  • Related: $0
  • Other: $3,681
Lorri Heimback (Vp Marktng)
  • Compensation: $85,993
  • Related: $0
  • Other: $27,146
Megan Gysbers (Director Acc)
  • Compensation: $67,583
  • Related: $0
  • Other: $28,774
Marty Schibbelhut (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Smet (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Van Deraa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Teifke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Sweney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Knueppel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fdlcu.com

Where can I find the form 990 for Fond Du Lac Credit Union?

Fond Du Lac Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fdlcu.com

Learn more at the official website: www.fdlcu.com

Mission Statement of Fond Du Lac Credit Union

Fond Du Lac Credit Union is committed to providing exceptional member experiences. Their mission is centered around creating a positive and satisfying experience for each and every member. They accomplish this by offering a variety of deposit accounts, evidenced by the opening of 447 new accounts in 2021. As of December 31, 2021, the Credit Union had a membership base of 6,656 individuals. Furthermore, Fond Du Lac Credit Union offers loan programs to its members, funding 719 new loans in 2021 and currently holding 3,350 loans receivable. This demonstrates their dedication to helping members accomplish their financial goals with accessible and beneficial loan options.

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Impact




October, 2024

Fond Du Lac Credit Union significantly impacts the community by focusing on creating exceptional member experiences. With a strong commitment to enhancing financial wellbeing, the Credit Union successfully opened 447 new deposit accounts in 2021, bringing its total membership to 6,656 by the end of the year. This growth not only reflects an increasing number of individuals who benefit from their services but also illustrates their role in fostering financial inclusion.

Additionally, Fond Du Lac Credit Union offers various loan programs tailored to meet the diverse needs of its members. In 2021, they funded 719 new loans, which contributes to local economic development and enables members to pursue personal goals such as homeownership, education, and business ventures. With 3,350 loans receivable at year-end, the Credit Union plays a crucial role in supporting financial stability for individuals and families within the Fond Du Lac community. Through these efforts, Fond Du Lac Credit Union continues to empower its members and strengthen the overall economic fabric of the area.




This information is meant to be a general summary of Fond Du Lac Credit Union. 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
$2,717,548 (2022)
Expenses
$2,272,078 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $384,625
  • Program Service Revenue: $2,326,091
  • Gross Receipts: $2,745,125

Assets and Liabilities:

  • Total Assets: $81,252,894
  • Total Liabilities: $73,150,775
  • Net Assets: $8,102,119

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Programs

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

INTEREST ON LOANS

Revenue

$1,790,167

MEMBER FEE INCOME

Revenue

$278,199

OTHER MEMBER RELATED INCOME

Revenue

$253,749

FEE & INSURANCE REVENUE

Revenue

$3,976

Organization Details

Founding Year

1954

Principal Officer

Scott Roesch

Main Address

91 NORTH PIONEER RD PO BOX 1005, FOND DU LAC, WI, 54936

NTEE Category

Code: W60 - Public benefit

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