Dane County Credit Union

Madison, WIUnknown exempt organizationSince 1935 EIN 39-6047472Revenue $8.7M in FY2021Latest filing we have: 2021. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSdccu.usMadison, WI

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Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-6047472) · Dispute this line
Run by 8 volunteers and 91 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
The latest return is for FY2021, 5 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $1.3M a year · 14% of revenue · last 2 filings
A surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$738K
to officers and key staff · 11% of spending
Pay to officers and key staff is 11% of spending.
Part VII, Section A
99.0 mo
of spending, in cash
99.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$8.7M
-8% vs prior year
Spent
$6.5M
To programs
0%
Net assets
$17.5M
By yearFY2020–FY2021
Revenue
$8.7M
FY2021▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.5M
FY2021$8.7M
Expenses
$6.5M
FY2021▼ -30%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.2M
FY2021$6.5M
Net assets
$17.5M
FY2021▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$15.4M
FY2021$17.5M

From the FY2021 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2021.

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

Who runs it and what they're paid

24 people listed on the 990; $738K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$256,334Pt VII · Sec A
VP Marketing
$125,804Pt VII · Sec A
VP Lending
$120,495Pt VII · Sec A
IT Director
$102,631Pt VII · Sec A
$32,024Pt VII · Sec A
VP Finance
$30,007Pt VII · Sec A
VP Marketing
$26,042Pt VII · Sec A
VP Lending
$22,371Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2021FY2020
Shay Santos$32,024$188,662
Bonnie Rosenmeier$26,042$123,906
Tim Vilter$30,007$118,187
Carla Wolf—$108,567
Scott Stewart$22,371$31,101
Brent Davies$21,848—

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 Dane County 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

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4 programs · in their own filed words · FY2021
01

The credit union has several types of loan programs available for our members. We funded 1,969 new loans during 2021. As of 12/31/21 we had 7,921 outstanding loans receivable.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-6047472) · Dispute this line
Pt IX · Ln 25 · col B
02

The credit union has several types of loan programs available for our members. We funded 219 new loans during 2022. As of 02/28/22 we had 7,585 outstanding loans receivable.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-6047472) · Dispute this line
Pt IX · Ln 25 · col B
03

The credit union has various types of deposit accounts available for our members. We opened 1,922 new deposit accounts in 2021. As of 12/31/21 we had 15,436 members.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-6047472) · Dispute this line
Pt IX · Ln 25 · col B
04

The credit union has various types of deposit accounts available for our members. We opened 248 new deposit accounts in 2022. As of 02/28/22 we had 15,074 members.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-6047472) · 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 · this organization's grantmaking
Grants paid · 1 grant · $7K · 2020–2020
Catholic Multicultural CenterWI · FY2020$7,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.7M
Ln 12
Other incomeLn 4–11$7.5M
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$80K
Money outPt IX
$6.5M
Ln 25
Owns and owesPt X
$17.5M
net assets · Ln 32
Cash and savingsLn 1–2$53.4M
Total assetsLn 16$217.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
24
listed · VII A
PaidVII A9
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$80K
Other incomeLn 4–11$7.5M
Total revenueLn 12$8.7M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$53.4M
Total assetsLn 16$217.1M
LiabilitiesLn 26$0
Net assetsLn 32$17.5M
OperationsPt I, VI
EmployeesI 591
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest ViewingFiled with the IRS May 5, 2022 $8.7M$6.5M$2.3M$17.5M 990 PDF
FY2020Filed with the IRS Jun 11, 2021 $9.5M$9.2M$239K$15.4M 990 PDF

Schedules filed Part IV

J · Pay O · Explanations
See the full FY2021 990
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

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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