Landmark Credit Union

Organization Overview

Landmark Credit Union is located in New Berlin, WI. As of 12/2021, Landmark Credit Union employed 1,073 individuals. Landmark Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Landmark Credit Union generated $240.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $168.2m during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LANDMARK CREDIT UNION IS A MEMBER-OWNED NOT-FOR-PROFIT, COOPERATIVE FINANCIAL INSTITUTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE LOW-COST FINANCIAL SERVICES TO OVER 364,792 MEMBERS, WHO RESIDE PRIMARILY IN SOUTHEASTERN WISCONSIN.


PROVIDED OVER 657,967 SAVINGS-TYPE ACCOUNTS TO THE CREDIT UNION'S MEMBERS. THE ACCOUNTS ARE STRUCTURED TO ENCOURAGE MEMBER THRIFT AND PROVIDE A COMPETITIVE RETURN ON THEIR SAVINGS.


GRANTED 54,847 LOANS TO CREDIT UNION MEMBERS, REPRESENTING APPROXIMATELY $2,959,349,140 AIMED AT MEETING THEIR RESPECTIVE FINANCING NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Jay Magulski
Treasurer/ceo/president
$850,602
Luke Hesprich
Senior Investment Rep
$469,873
Brian Melter
Cxo
$464,864
Karen Braun
Supervisor, Mortgage Lendi
$461,974
David Powers
CFO
$397,881
Mark Kennedy
Clo
$386,687

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cg Schmidt Inc
Building Construction
$11,254,312
M&m Office Interiors Inc
Office Furniture
$3,292,720
Jigsaw Llc
Marketing
$2,648,774
Fiserv
Data Services
$3,863,699
Cdw Direct Llc
Business Solutions
$2,710,348
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$234,729,202
Investment income $5,162,147
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $64,786
Net Gain/Loss on Asset Sales $140,517
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $240,096,652

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