Gundersen Credit Union: FY2024 Nonprofit Profile & Form 990 (EIN 23-7108910)

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Gundersen Credit Union executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Gundersen Credit Union is a nonprofit organization based in La Crosse, WI, formed in 1971.

Questions for Gundersen Credit Union

Tap to ask. Gundersen Credit Union sees how many people are interested.

Your first name shows with your question. Gundersen Credit Union answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024

01

A cooperative, nonprofit corporation, incorporated to encourage 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.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2020

Wisconsin Credit Union Foundation INCFY2020$7K

Total grants receivedfrom 1 funder$7K

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$2.8M

Ln 12

Fees for servicesLn 2g$2.4M

Investment incomeLn 3$338K

Money outPt IX

$2.5M

Ln 25

Owns and owesPt X

$7.4M

net assets · Ln 32

Cash and savingsLn 1–2$15.8M

Total assetsLn 16$60.8M

LiabilitiesLn 26$53.4M

PeoplePt VI, VII

8

listed · VII A

PaidVII A1

Voting boardVI 1a7

IndependentVI 1b7

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$2.4M

Investment incomeLn 3$338K

Total revenueLn 12$2.8M

Assets in detailPt X, end of year

CashLn 1$410K

SavingsLn 2$15.4M

Cash and savings togetherLn 1–2$15.8M

InvestmentsLn 11–13$533K

Land, buildings, equipmentLn 10c$124K

Other assetsLn 15$729K

Total assetsLn 16$60.8M

LiabilitiesLn 26$53.4M

Net assetsLn 32$7.4M

OperationsPt I, VI

EmployeesI 510

VolunteersI 67

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$14.3M	$15.8M
InvestmentsLn 11–13	$529K	$533K
Land, buildings, equipmentLn 10c	$134K	$124K
Total assetsLn 16	$60.5M	$60.8M
LiabilitiesLn 26	$53.4M	$53.4M
Net assetsLn 32	$7.2M	$7.4M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$631
Pay of current officers, directors and key staffLn 5	$140K
Other salaries and wagesLn 7	$427K
Pension plan contributionsLn 8	$41K
Other employee benefitsLn 9	$98K
Payroll taxesLn 10	$43K
Legal feesLn 11b	$9K
Accounting feesLn 11c	$37K
Advertising and promotionLn 12	$21K
Office expensesLn 13	$316K
Information technologyLn 14	$34K
OccupancyLn 16	$10K
Conferences, conventions and meetingsLn 19	$14K
InterestLn 20	$249
Depreciation, depletion and amortizationLn 22	$18K
InsuranceLn 23	$25K
Other expenses (24a–d)Ln 24	$1.2M
All other expensesLn 24e	$80K
Total functional expensesLn 25	$2.5M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$3.2M	$2.5M	$637K	$8.0M	990 PDF
FY2024 Viewing	$2.8M	$2.5M	$233K	$7.4M	990 PDF
FY2023	$2.4M	$2.3M	$102K	$7.2M	990 PDF
FY2022	$2.0M	$1.7M	$212K	$7.1M	990 PDF
FY2021	$1.8M	$1.5M	$213K	$6.8M	990 PDF
FY2020	$1.7M	$1.6M	$130K	$6.6M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $2,756,445 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $2,211,562$2,418,844

I-10 Investment incomePrior year $236,171$337,601

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $2,447,733$2,756,445

I-13 Grants and similar amounts paidPrior year $465$631

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $778,092$749,139

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,566,769$1,774,121

I-18 Total expensesPrior year $2,345,326$2,523,891

I-19 Revenue less expensesPrior year $102,407$232,554

Part VI · Governance 7 of 7 board members independent, no flags

VI-1a Voting members of the governing body7

VI-1b Independent voting members7

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $2,756,445 across 3 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,406,194 · Unrelated business $12,650$2,418,844

VIII-3 Investment incomeExcluded from tax $337,601$337,601

VIII-12 Total revenueRelated to mission $2,406,194 · Unrelated business $12,650 · Excluded from tax $337,601$2,756,445

Part IX · Statement of functional expenses $2,523,891 across 18 lines filed

IX-1 Grants to domestic organizations$631

IX-5 Pay of current officers, directors and key staff$139,704

IX-7 Other salaries and wages$427,327

IX-8 Pension plan contributions$41,451

IX-9 Other employee benefits$97,624

IX-10 Payroll taxes$43,033

IX-11b Legal fees$8,610

IX-11c Accounting fees$37,395

IX-12 Advertising and promotion$21,201

IX-13 Office expenses$315,957

IX-14 Information technology$34,176

IX-16 Occupancy$9,600

IX-19 Conferences, conventions and meetings$14,454

IX-20 Interest$249

IX-22 Depreciation, depletion and amortization$17,554

IX-23 Insurance$25,477

IX-24 Other expenses (24a–d)$1,209,168

IX-24e All other expenses$80,280

IX-25 Total functional expenses$2,523,891

Part X · Balance sheet $60,805,463 assets, 12 lines filed

Asset lines not itemized here account for $43,627,288; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $478,048$409,767

X-2 Savings and temporary cash investmentsStart of year $13,794,425$15,369,294

X-9 Prepaid expenses and deferred chargesStart of year $17,301$13,945

X-10c Land, buildings and equipment, netStart of year $133,527$123,620

X-13 Program-related investmentsStart of year $529,423$532,980

X-15 Other assetsStart of year $732,762$728,569

X-16 Total assetsStart of year $60,501,430$60,805,463

X-17 Accounts payable and accrued expensesStart of year $459,455$272,992

X-25 Other liabilitiesStart of year $52,891,610$53,149,547

X-26 Total liabilitiesStart of year $53,351,065$53,422,539

X-32 Total net assets or fund balancesStart of year $7,150,365$7,382,924

X-33 Total liabilities and net assetsStart of year $60,501,430$60,805,463

Part XI · Reconciliation of net assets $7,382,924 net assets at year end

XI-1 Total revenue$2,756,445

XI-2 Total expenses$2,523,891

XI-3 Revenue less expenses$232,554

XI-4 Net assets at start of year$7,150,365

XI-9 Other changes in net assets$5

XI-10 Net assets at end of year$7,382,924

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Gundersen Credit Union FY2024 filing

Before you give

Is it real?

Who runs it and what they're paid

Compensation history total reportable pay by year · 1 named individual · Part VII