Badger Globe Credit Union

Neenah, WIUnknown exempt organizationSince 1947EIN 39-0796087

To exceed our members' expectations through exceptional service.

Run by 7 volunteers and 16 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $138K a year · 6% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$356K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
38 mo
of spending, in cash
Looks good: 38.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $18K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$43.8M
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
+3% vs prior year
Spent
$2.6M
Net assets
$7.2M
By yearFY2020–FY2025
Revenue
$2.7M
FY2025▲ +3%
Revenue by fiscal year
FY2020$1.9M
FY2021$1.8M
FY2022$1.9M
FY2023$2.2M
FY2024$2.6M
FY2025$2.7M
Expenses
$2.6M
FY2025▲ +4%
Expenses by fiscal year
FY2020$1.7M
FY2021$1.5M
FY2022$1.7M
FY2023$2.2M
FY2024$2.5M
FY2025$2.6M
Net assets
$7.2M
FY2025▲ +0.5%
Net assets by fiscal year
FY2020$6.7M
FY2021$7.0M
FY2022$7.2M
FY2023$7.1M
FY2024$7.2M
FY2025$7.2M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Who runs it and what they're paid

11 people listed on the 990; $356K paid to officers and key staff.

Part VII, Section A · reportable compensation
President /
$131,507Pt VII · Sec A
VP Finance &
$108,702Pt VII · Sec A
VP Mbr Exper
$96,553Pt VII · Sec A
$16,802Pt VII · Sec A
$599Pt VII · Sec A
$420Pt VII · Sec A
Vice Chair
$360Pt VII · Sec A
Director
$360Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Heidi Moore—$150$360$360$30$379,907
Annita Hutter$131,507$116,233$111,419$101,114$11,158—
Carla Watson$300$360$300$81,330$123,127$117,338
Joshua Lee$108,702$94,068$79,190$65,086$56,853—
Michael Mehlberg$96,553$41,832————
Michael Mallow$16,802$91,700$86,860$22,862——
Thomas Linskens———$85,403$79,969—
Michael Shadduck—$44,036$83,335$1,716——

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.

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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Provides exceptional service to exceed members' expectations.

Provided by the organization

This section is blank until Badger Globe Credit Union claims this page.

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2 program services, described in the organization's own filed words · FY2025.
01

The credit union has several types of loan programs available for our members. We funded 1,148 new loans during 2025. As of 12/31/25 we had 1,768 loans receivable.

Pt IX · col B
02

The credit union has various types of deposit accounts available for our members. We added 615 new deposit accounts in 2025. As of 12/31/25 we had 2,501 members.

Pt IX · col B

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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 · FY2025
Total grants receivedfrom 1 funder$18K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$745K
Gifts and grantsLn 1h$8K
Money outPt IX
$2.6M
Ln 25
Owns and owesPt X
$7.2M
net assets · Ln 32
Cash and savingsLn 1–2$8.4M
Total assetsLn 16$51.0M
LiabilitiesLn 26$43.8M
PeoplePt VI, VII
11
listed · VII A
PaidVII A11
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$745K
Other incomeLn 4–11$3K
Gains on assetsLn 7−$7K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$287K
SavingsLn 2$8.1M
Cash and savings togetherLn 1–2$8.4M
InvestmentsLn 11–13$7.8M
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$4.6M
Total assetsLn 16$51.0M
LiabilitiesLn 26$43.8M
Net assetsLn 32$7.2M
OperationsPt I, VI
EmployeesI 516
VolunteersI 67
Fiscal year endsHeaderDecember
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 FY25End FY25
Cash and savingsLn 1–2$8.3M$8.4M
InvestmentsLn 11–13$7.3M$7.8M
Land, buildings, equipmentLn 10c$400K$1.5M
Total assetsLn 16$51.1M$51.0M
LiabilitiesLn 26$43.9M$43.8M
Net assetsLn 32$7.2M$7.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$460
Grants to domestic individualsLn 2$860
Pay of current officers, directors and key staffLn 5$356K
Other salaries and wagesLn 7$416K
Pension plan contributionsLn 8$45K
Other employee benefitsLn 9$94K
Payroll taxesLn 10$57K
Legal feesLn 11b$10K
Accounting feesLn 11c$13K
Other fees for servicesLn 11g$83K
Advertising and promotionLn 12$69K
Office expensesLn 13$391K
Information technologyLn 14$164K
OccupancyLn 16$50K
TravelLn 17$14K
Conferences, conventions and meetingsLn 19$12K
InterestLn 20$337
Depreciation, depletion and amortizationLn 22$86K
InsuranceLn 23$38K
Other expenses (24a–d)Ln 24$728K
Total functional expensesLn 25$2.6M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.7M$2.6M$36K$7.2M 990 PDF
FY2024 $2.6M$2.5M$49K$7.2M 990 PDF
FY2023 $2.2M$2.2M$29K$7.1M 990 PDF
FY2022 $1.9M$1.7M$177K$7.2M 990 PDF
FY2021 $1.8M$1.5M$312K$7.0M 990 PDF
FY2020 $1.9M$1.7M$227K$6.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $2,663,336 across 7 lines filed
VIII-1f All other contributions, gifts and grants$8,370
VIII-1h Total contributions, gifts and grants$8,370
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,905,749 · Unrelated business $1,050$1,906,799
VIII-3 Investment incomeExcluded from tax $752,392$752,392
VIII-5 RoyaltiesExcluded from tax $2,781$2,781
VIII-7 Net gain or loss on sales of assetsRelated to mission −$7,006−$7,006
VIII-12 Total revenueRelated to mission $1,898,743 · Unrelated business $1,050 · Excluded from tax $755,173$2,663,336
Part IX · Statement of functional expenses $2,627,191 across 20 lines filed
IX-1 Grants to domestic organizations$460
IX-2 Grants to domestic individuals$860
IX-5 Pay of current officers, directors and key staff$356,233
IX-7 Other salaries and wages$416,226
IX-8 Pension plan contributions$45,401
IX-9 Other employee benefits$94,330
IX-10 Payroll taxes$56,510
IX-11b Legal fees$10,378
IX-11c Accounting fees$12,843
IX-11g Other fees for services$82,784
IX-12 Advertising and promotion$69,373
IX-13 Office expenses$391,012
IX-14 Information technology$163,709
IX-16 Occupancy$49,817
IX-17 Travel$14,153
IX-19 Conferences, conventions and meetings$11,743
IX-20 Interest$337
IX-22 Depreciation, depletion and amortization$85,765
IX-23 Insurance$37,532
IX-24 Other expenses (24a–d)$727,725
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$2,627,191
Part X · Balance sheet $51,030,278 assets, 12 lines filed
Asset lines not itemized here account for $28,561,883; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $189,252$287,280
X-2 Savings and temporary cash investmentsStart of year $8,087,228$8,141,634
X-9 Prepaid expenses and deferred chargesStart of year $87,282$83,943
X-10c Land, buildings and equipment, netStart of year $399,834$1,513,694
X-13 Program-related investmentsStart of year $7,316,651$7,809,269
X-15 Other assetsStart of year $4,375,475$4,632,575
X-16 Total assetsStart of year $51,087,461$51,030,278
X-17 Accounts payable and accrued expensesStart of year $363,697$407,149
X-25 Other liabilitiesStart of year $43,318,671$43,407,544
X-26 Total liabilitiesStart of year $43,908,021$43,814,693
X-32 Total net assets or fund balancesStart of year $7,179,440$7,215,585
X-33 Total liabilities and net assetsStart of year $51,087,461$51,030,278
Part XI · Reconciliation of net assets $7,215,585 net assets at year end
XI-1 Total revenue$2,663,336
XI-2 Total expenses$2,627,191
XI-3 Revenue less expenses$36,145
XI-4 Net assets at start of year$7,179,440
XI-10 Net assets at end of year$7,215,585

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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