Connexus Credit Union

Connexus Credit Union Overview

Connexus Credit Union is located in Wausau, WI. As of 12/2020, Connexus Credit Union employed 503 individuals.

For the year ending 12/2020, Connexus Credit Union generated $229.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $176.6m during the year ending 12/2020. While expenses have increased by 25.6% per year over the past 6 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

ENCOURAGE THRIFT AND SELF RELIANCE AMONG MEMBERS BY CREATING A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST IN ORDER TO IMPROVE SOCIAL CONDITIONS OF THE MEMBERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE OUR MEMBERS DEPOSIT SERVICES FOR THEIR FUNDS TO EARN THEM A FAIR RATE OF RETURN


PROVIDE OUR MEMBERS LOAN SERVICES AT A FAIR RATE OF INTEREST


PROVIDE OUR MEMBERS ACCESS TO CHECK SERVICES AND OTHER FINANCIAL PRODUCTS.


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Connexus Credit Union Board, Officers & Key Employees

Name (title)Compensation
Jdavid Christenson
Ceo/president
$1,104,381
Boyd J Gustke
Ceo/president
$577,258
Daryl R Gessler
Cro
$372,549
David Stark
Chief Of Staff
$364,684
Chad E Rogers
Evp/coo
$326,023
Mary J Burgoyne
CFO
$319,706

Connexus Credit Union Vendors

Vendor Name (Service)Compensation
Fiserv Inc
Core And Debit Card Processing
$1,730,702
Alkami Technology Inc
Digital Banking
$1,154,900
Salesforcecom Inc
Crm Software
$998,769
Silverline
Consultant For Crm
$978,326
Cdw Direct
Hardware/software
$951,377
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$227,893,570
Investment income $861,317
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $381,602
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $229,140,540

Connexus Credit Union Peer Organizations

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