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EIN 39-1019822

Members First Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
15
City
Madison
State
Wisconsin
Year formed
1955
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Members First Credit Union encourages thrift among its Members, creates a source of credit at a fair and reasonable cost, and provides opportunities for Members to improve their respective economic and social conditions. The Credit Union offers several types of loan programs and funded 395 new loans to Members in 2022 with a total of 1,580 loans as of 12/31/22. Various types of deposit accounts are available for Members and the Credit Union opened 148 new member deposit accounts in 2022 with a total of 2,853 Members as of 12/31/22.
Related structure
Members First Credit Union is a child organization, under an unknown parent.
Total revenues
$1,767,314
2022
Total expenses
$1,639,849
2022
Total assets
$28,005,851
2022
Num. employees
15
2022

Program areas at Members First Credit Union

The Credit Union has various types of deposit accounts available for our Members. We opened 148 new member deposit accounts in 2022. As of 12/31/22 we had 2,853 Members.
The Credit Union has several types of loan programs available for our Members. We funded 395 new loans to Members during 2022. As of 12/31/22 we had 1,580 loans to our Members.

Personnel at Members First Credit Union

NameTitleCompensation
Ron KlugeBoard$0
Jennifer KutzPresident$107,178
Dennis BaribeauVice Chair$0
Sue PowersTreasurer$0
Dorothy SteffensSecretary$0
...and 2 more key personnel

Financials for Members First Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,696,856
Investment income and dividends$59,003
Tax-exempt bond proceeds$0
Royalty revenue$5,755
Net rental income$0
Net gain from sale of non-inventory assets$5,700
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,767,314

Form 990s for Members First Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-03-31990View PDF
2021-122022-05-05990View PDF
2020-122021-06-20990View PDF
2019-122020-11-23990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s

Organizations like Members First Credit Union

OrganizationLocationRevenue
First Credit UnionOak Creek, WI$472,537
County Credit UnionKenosha, WI$468,475
Teachers Credit UnionBeloit, WI$910,623
Marathon County Employees Credit UnionWausau, WI$1,727,380
Members Advantage Credit UnionWisconsin Rapids, WI$6,911,306
Holy Family Memorial Credit UnionManitowoc, WI$473,046
Winnebago Community Credit Union (WCCU)Oshkosh, WI$6,162,060
Centralalliance Credit UnionNeenah, WI$2,717,019
Central Wisconsin Credit UnionPlover, WI$1,556,503
Fond Du Lac Credit UnionFond Du Lac, WI$2,717,548
Data update history
August 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 13, 2023
Used new vendors
Identified 1 new vendor, including
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 2, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
Address
3401 W Beltline Hwy
Madison, WI 53711
Metro area
Madison, WI
County
Dane County, WI
Website URL
mbr1cu.org/ 
Phone
(608) 271-5301
IRS details
EIN
39-1019822
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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