Parker Community Credit Union is located in Mt Pleasant, WI. As of 09/2017, Parker Community Credit Union employed 51 individuals. Parker Community 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 09/2017, Parker Community Credit Union generated $4.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $4.4m during the year ending 09/2017. While expenses have increased by 5.3% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BUSINESS AT PARKER COMMUNITY CREDIT UNION (PCCU) BEGINS AND ENDS WITH OUR MEMBERS' SATISFACTION. WE PROMISE TO PROVIDE PERSONALIZED FAMILY-ORIENTED SERVICES, DESIGNED FOR THE FINANCIAL BENEFIT OF ALL MEMBERS. OUR GOAL IS TO BE OUR MEMBERS' ONE-STOP FINANCIAL HOME AND ASSIST THEM AND THEIR FAMILIES ACROSS A LIFETIME OF FINANCIAL NEEDS. OUR PRIMARY ACTIVITY CONSISTS OF HOLDING DEPOSITS FOR AND MAKING LOANS TO APPROXIMATELY 16,500 MEMBERS. IN 2017, PCCU MADE 1,137 NEW LOANS TO MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Ellis Director | Trustee | 1 | $0 |
Nels Madsen Director | Trustee | 1 | $0 |
Sonja Schooff Director | Trustee | 1 | $0 |
Teresa Schultz Director | Trustee | 1 | $0 |
Martin Wacha Director | Trustee | 1 | $0 |
Norm Prom Executive Director | OfficerTrustee | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shareone Newsolutions Core System Software Services | 9/29/17 | $148,854 |
Jack Henry Credit Card Processing | 9/29/17 | $118,184 |
| 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 | $3,970,421 |
| Investment income | $248,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,680 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,238,721 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,083 |
| Grants and other assistance to domestic individuals. | $2,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,450 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,146,321 |
| Pension plan accruals and contributions | $138,597 |
| Other employee benefits | $114,229 |
| Payroll taxes | $100,985 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,831 |
| Fees for services: Accounting | $39,751 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $313,108 |
| Advertising and promotion | $18,752 |
| Office expenses | $714,479 |
| Information technology | $61,210 |
| Royalties | $0 |
| Occupancy | $143,709 |
| Travel | $9,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,249 |
| Interest | $7,880 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $240,231 |
| Insurance | $0 |
| All other expenses | $173,769 |
| Total functional expenses | $4,415,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |