Enterprise Credit Union

Brookfield, WIUnknown exempt organization EIN 39-0652280Revenue $1.5M in FY2024Latest return filed Apr 15, 2025

On file with the IRSenterprisecu.comBrookfield, WI

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A cooperative, not-for-profit 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 membership to improve their economic and social conditions.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-0652280) · Dispute this line
Run by 6 volunteers and 17 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average deficit $7K a year · 0.5% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$386K
to officers and key staff · 16% of spending
Pay to officers and key staff is 16% of spending.
Part VII, Section A
Named funders
1
named funder · $30K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 5 voting members
4 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.5M
+3% vs prior year
Spent
$2.4M
Net assets
$0
By yearFY2020–FY2024
Revenue
$1.5M
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.4M
FY2023$1.5M
FY2024$1.5M
Expenses
$2.4M
FY2024▲ +99%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$1.1M
FY2023$1.2M
FY2024$2.4M
Net assets
$0
FY2024▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$2.2M
FY2022$1.0M
FY2023$1.6M
FY2024$0

From the FY2024 Form 990 (year ending November 2024) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990; $386K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/CEO
$215,969Pt VII · Sec A
$169,987Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jeff Bashaw$215,969$124,325$117,964$105,205$94,724
Lynn Vohl$169,987$56,071$53,000$44,363—
Barbara Jalosky—$19,760$8,840$69,841$71,287

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 Enterprise Credit Union executive salaries →

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

Helps members save money, get affordable loans, and improve their lives.

Questions for Enterprise Credit Union

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2 programs · in their own filed words · FY2024
01

The credit union has various types of deposit accounts available for our members.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-0652280) · Dispute this line
Pt IX · Ln 25 · col B
02

The credit union has several types of loan programs available for our members.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-0652280) · Dispute this line
Pt IX · Ln 25 · 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 · FY2023
Total grants receivedfrom 1 funder$30K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$342K
Money outPt IX
$2.4M
Ln 25
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$342K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 517
VolunteersI 66
Fiscal year endsHeaderNovember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.7M$0
InvestmentsLn 11–13$9.7M$0
Land, buildings, equipmentLn 10c$68K$0
Total assetsLn 16$33.2M$0
LiabilitiesLn 26$31.6M$0
Net assetsLn 32$1.6M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$397K
Other salaries and wagesLn 7$97K
Other employee benefitsLn 9$76K
Other fees for servicesLn 11g$4K
Advertising and promotionLn 12$35K
Office expensesLn 13$261K
OccupancyLn 16$111K
TravelLn 17$28K
Depreciation, depletion and amortizationLn 22$15K
Other expenses (24a–d)Ln 24$1.4M
All other expensesLn 24e$42K
Total functional expensesLn 25$2.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Apr 15, 2025 $1.5M$2.4M−$918K$0 990 PDF
FY2023Filed with the IRS Mar 26, 2024 $1.5M$1.2M$258K$1.6M 990 PDF
FY2022Filed with the IRS Mar 31, 2023 $1.4M$1.1M$324K$1.0M 990 PDF
FY2021Filed with the IRS Apr 7, 2022 $1.2M$1.1M$174K$2.2M 990 PDF
FY2020Filed with the IRS Jun 8, 2021 $1.2M$1.1M$129K$2.5M 990 PDF

Schedules filed Part IV

I · Grants J · Pay O · Explanations
See the full FY2024 990
Part I · Summary $1,526,778 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,163,746$1,184,789
I-10 Investment incomePrior year $314,956$341,989
I-11 Other revenuePrior year $5,248$0
I-12 Total revenuePrior year $1,483,950$1,526,778
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $566,637$570,414
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $659,055$1,874,507
I-18 Total expensesPrior year $1,225,692$2,444,921
I-19 Revenue less expensesPrior year $258,258−$918,143
Part VI · Governance 4 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,526,778 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,180,739 · Unrelated business $4,050$1,184,789
VIII-3 Investment incomeExcluded from tax $341,989$341,989
VIII-12 Total revenueRelated to mission $1,180,739 · Unrelated business $4,050 · Excluded from tax $341,989$1,526,778
Part IX · Statement of functional expenses $2,444,921 across 11 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)$396,908
IX-7 Other salaries and wages$97,265
IX-9 Other employee benefits$76,241
IX-11g Other fees for services$3,764
IX-12 Advertising and promotion$35,270
IX-13 Office expenses$260,739
IX-16 Occupancy$111,388
IX-17 Travel$27,518
IX-22 Depreciation, depletion and amortization$15,468
IX-24 Other expenses (24a–d)$1,378,671
IX-24e All other expenses$41,689
IX-25 Total functional expenses$2,444,921
Part X · Balance sheet $0 assets, 25 lines filed
X-1 Cash, non-interest-bearingStart of year $408,790$0
X-2 Savings and temporary cash investmentsStart of year $2,319,596$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $24,861$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivableStart of year $19,167,216$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $167,351$0
X-10c Land, buildings and equipment, netStart of year $67,761$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investmentsStart of year $9,738,145$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,270,641$0
X-16 Total assetsStart of year $33,164,361$0
X-17 Accounts payable and accrued expensesStart of year $377,515$0
X-21 Escrow or custodial accountsStart of year $6,935$0
X-25 Other liabilitiesStart of year $31,180,354$0
X-26 Total liabilitiesStart of year $31,564,804$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $1,599,557$0
X-32 Total net assets or fund balancesStart of year $1,599,557$0
X-33 Total liabilities and net assetsStart of year $33,164,361$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$1,526,778
XI-2 Total expenses$2,444,921
XI-3 Revenue less expenses−$918,143
XI-4 Net assets at start of year$1,599,557
XI-9 Other changes in net assets−$681,414
XI-10 Net assets at end of year$0

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

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