Cause IQ organization profile

Wea Credit Union

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Wea Credit Union is a credit union based in Madison, WI that was founded in 1931. As of 2020 they had $1.2 million in revenue and $28 million in assets.

Wea Credit Union was created and sponsored by weac for two reasons. 1. To provide a confidential service from which members of weac can borrow money at substantially lower rates of interst than is possible from small loan companies or local lending ag...

EIN:
39-0716620
City:
State:
Website:
Founded:
1931
Type:
501(c)(14)
NTEE:
Revenue:
$1,256,055
Assets:
$28,272,644
Employees:
8
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Wea Credit Union

The Credit Union has various types of deposit accounts available for our members. We opened 191 new deposit accounts in 2019. As of 12/31/19 we had 2,748 members.

.

The Credit Union has several types of loan programs available for our members. We funded 1,567 new loans to members during 2019. As of 12/31/19 we had 1,958 loans to our members.

Form 990s for Wea Credit Union

Fiscal year endingDate received by IRSFormPDF link
2019-12Sep 2, 2020990View PDF
2018-12Jun 19, 2019990View PDF
2017-12Sep 12, 2018990View PDF
2016-12Aug 7, 2017990OView PDF
2015-12Aug 30, 2016990OView PDF
...and six more Form 990 PDFs

Financials for Wea Credit Union

Field2019
Total grants, contributions, etc.$0
Program services$993,882
Investment income and dividends$260,188
Tax-exempt bond proceeds$0
Royalty revenue$1,985
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,256,055

Vendors for Wea Credit Union

VendorServicesAmount paidDate
Audit ThreesixtyTax accounting2020-04-30
██████ ███Software2018-04-27

Personnel at Wea Credit Union

NameTitleCompensationMost recent data
Mark A SchrimpfPresident$78,423May 22, 2019
Russell AllenVice Chair$0Dec. 31, 2018
███████ █████Secretary$0Dec. 31, 2018
████████ ██████Vice Chair$0Dec. 31, 2018
██████ █████Operations M$12,564Dec. 31, 2018
████ ███████Treasurer$0Dec. 31, 2018
█████ ██████████Operations M$37,654Dec. 31, 2018

Peer credit unions

 NameTypeRevenueLocation
1Badger Globe Credit Union501(c)(14)$1.9 millionNeenah, WI
2Wisconsin Medical Credit Union501(c)(14)$541,920Green Bay, WI
3Enterprise Credit Union501(c)(14)$1.4 millionBrookfield, WI
4University of Wisconsin-Oshkosh Credit Union501(c)(14)$795,397Oshkosh, WI
5Parker Community Credit Union (PCCU)501(c)(14)$4.8 millionMT Pleasant, WI
6FOCUS Credit Union501(c)(14)$2.5 millionWauwatosa, WI
7Menasha Employees Credit Union501(c)(14)$444,079Appleton, WI
8Service Credit Union501(c)(14)$400,816Green Bay, WI
9Southern Lakes Credit Union501(c)(14)$3.4 millionKenosha, WI
10County-City Credit Union501(c)(14)$1.3 millionJefferson, WI
11Marshfield Medical Center Cu501(c)(14)$2.1 millionMarshfield, WI
12Kilowatt Credit Union501(c)(14)$570,194Madison, WI
13Harbor Credit Union501(c)(14)$4.4 millionGreen Bay, WI
14Municipal Credit Union501(c)(14)$502,796Beloit, WI
15Premier Financial Credit Union501(c)(14)$3.8 millionNew Holstein, WI
16Taylor Credit Union501(c)(14)$2.5 millionMedford, WI
17Tri-County Credit Union501(c)(14)$1.2 millionMarinette, WI
18Madison Credit Union501(c)(14)$1.4 millionMadison, WI
19New Credit Union501(c)(14)$4.7 millionOconto Falls, WI
20Northwoods Community Credit Union501(c)(14)$3.1 millionPark Falls, WI
21Shipbuilders Credit Union501(c)(14)$4.1 millionManitowoc, WI
22Shoreline Credit Union501(c)(14)$4.6 millionTwo Rivers, WI
23Evergreen Credit Union501(c)(14)$1.9 millionNeenah, WI
24MCU Financial Center Credit Union501(c)(14)$1.0 millionRacine, WI
25Dairyland Power CU501(c)(14)$627,487La Crosse, WI