Wisconsin Medical Credit Union

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

EIN: 396084960 ✦ Green bay, WI ✦ Designated as a 501(c)(14)

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Overview

What is Wisconsin Medical Credit Union?

Wisconsin Medical Credit Union is a member-owned, not-for-profit organization, headquartered in Green Bay, Wisconsin. With a strong commitment to financial stability and member satisfaction, it offers a range of deposit accounts. The credit union expanded its membership in 2022 by opening 58 new accounts, serving a total of 1,305 members as of December 31. Its mission is to meet its members' financial needs by providing competitive rates, essential information, and reliable services, all while maintaining its financial stability. The credit union's team comprises a small workforce of four dedicated individuals.


Official website here: www.wismedcu.org

What do the Facebook reviews say about Wisconsin Medical Credit Union?

100% of 18 reviewers on Facebook recommend Wisconsin Medical Credit Union. Here is a summary of their reviews:

Many users express their appreciation for the friendly and helpful staff, highlighting personal experiences that underscore the supportive and welcoming environment. One reviewer specifically noted how the credit union was crucial in securing an auto loan, emphasizing the positive impact it had on their financial situation.

Overall, the feedback showcases a strong sentiment towards the credit union, with members feeling grateful for the assistance they received. The impressive recommendation rate reflects their commitment to service and suggests a high level of satisfaction among customers.


This AI summary has been generated from reviews found on Facebook.

Is Wisconsin Medical Credit Union legitimate?

Wisconsin Medical Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Wisconsin Medical 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: $70,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,397

For more financial information, click here


Official website here: www.wismedcu.org

What is the mission statement of Wisconsin Medical Credit Union?

Wisconsin Medical Credit Union is a member-owned, not-for-profit organization committed to serving its members by providing competitive financial services. Their mission is to meet the financial needs of their members while maintaining the stability of the credit union. They offer various deposit accounts and strive to provide sound financial services, information, and resources to their members. In 2022, they opened 58 new deposit accounts, indicating their active growth and continued dedication to their members.


Official website here: www.wismedcu.org

Who is the CEO of Wisconsin Medical Credit Union?

Mary Groh is the President of Wisconsin Medical Credit Union.


Official website here: www.wismedcu.org

What is the revenue of Wisconsin Medical Credit Union?

Wisconsin Medical Credit Union's revenue in 2022 was $660,082.


Official website here: www.wismedcu.org

Who are the executives of Wisconsin Medical Credit Union and what are their salaries?

The average compensation at Wisconsin Medical Credit Union during 2022 was $43,994. There are 4 employees and 7 volunteers at Wisconsin Medical Credit Union.


Here are 8 key members and their salaries:


Mary Groh (President)
  • Compensation: $70,581
  • Related: $0
  • Other: $5,868
Kurt Minten (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlene Schmidt (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Hermes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Lemirand (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Midthun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Danz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Furger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wismedcu.org

Where can I find the form 990 for Wisconsin Medical Credit Union?

Wisconsin Medical Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wismedcu.org

Learn more at the official website: www.wismedcu.org

Mission Statement of Wisconsin Medical Credit Union

Wisconsin Medical Credit Union, as a not-for-profit, member-owned organization, is committed to serving its members by providing reliable financial services. Its mission is to meet the diverse needs of its members, offering competitive rates, valuable information, and essential services while maintaining the financial stability of the credit union. The credit union strives to uphold its dedication to its members, as evident in its growth, having opened 58 new deposit accounts in 2022 and boasting 1,305 members as of December 31, 2022.

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Impact




October, 2024

Wisconsin Medical Credit Union significantly impacts its community by prioritizing the financial needs of its members in the healthcare sector. With a membership base of 1,305 as of the end of 2022, the credit union is dedicated to offering sound financial services tailored to meet these needs. In 2022, it successfully opened 58 new deposit accounts, showcasing its commitment to expanding access to financial resources for its members.

The institution provides various types of deposit accounts, ensuring competitive rates and valuable information that help members manage their finances effectively. By focusing on financial stability while delivering these services, Wisconsin Medical Credit Union fosters a supportive environment that empowers its members, ultimately contributing to the overall well-being of the community it serves.




This information is meant to be a general summary of Wisconsin Medical 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
$660,082 (2022)
Expenses
$578,698 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $48,628
  • Program Service Revenue: $601,179
  • Gross Receipts: $660,082

Assets and Liabilities:

  • Total Assets: $14,458,437
  • Total Liabilities: $12,957,391
  • Net Assets: $1,501,046

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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

$445,502

OTHER MEMBER RELATED REVENUE

Revenue

$92,649

MEMBER FEE INCOME

Revenue

$60,906

FEES & INSURANCE REVENUE

Revenue

$2,122

Organization Details

Founding Year

1965

Principal Officer

Mary Groh

Main Address

1677 S WEBSTER AVE, GREEN BAY, WI, 53401

NTEE Category

Code: W60 - Public benefit

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