Westconsin Credit Union

Westconsin Credit Union Overview

Westconsin Credit Union is located in Menomonie, WI. As of 12/2020, Westconsin Credit Union employed 490 individuals.

For the year ending 12/2020, Westconsin Credit Union generated $92.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $73.9m during the year ending 12/2020. While expenses have increased by 7.4% 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.

Since 2014, Westconsin Credit Union has awarded 61 individual grants totaling $585,376. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

WESTCONSIN CREDIT UNION IS COMMITTED TO HELPING OUR MEMBERS ACHIEVE FINANCIAL SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED LOW-COST FINANCIAL SERVICES TO 104,910 MEMBERS.


SERVED MEMBERS' INTERESTS BY ACCEPTING DEPOSITS, GRANTING LOANS, AND INVESTING EXCESS FUNDS IN A PRUDENT MANNER.


PROVIDED OVER 20,000 LOANS FOR OVER $730 MILLION TO MEMBERS.


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Westconsin Credit Union Board, Officers & Key Employees

Name (title)Compensation
Lora Benrud
CEO
$543,343
Jerilyn Kinderman
CFO
$255,017
Michael Tomasek
Cio
$236,157
Jim Wookey
COO
$229,990
Timothy Carlson
VP - Westconsin Investment
$224,465
Nicole Yarrington
Cto
$201,421

Westconsin Credit Union Vendors

Vendor Name (Service)Compensation
Corelation Inc
It Solutions
$1,483,026
Fiserv
It Solutions
$2,029,808
Cdw Direct
Hardware, Software, It Services
$651,824
Ncr Corporation
Mobile And Online Banking
$1,050,397
Hoeft Builders Inc
Building Contractor
$1,258,846
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$85,480,248
Investment income $2,531,442
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $92,886
Net Gain/Loss on Asset Sales -$103,140
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $92,608,076

Westconsin Credit Union Grants Awarded

Over the last fiscal year, Westconsin Credit Union has awarded $114,379 in support to 14 organizations.

Grant RecipientAmount

STEPPING STONES OF DUNN COUNTY INC

Org PageRecipient Profile

Menomonie, WI

PURPOSE: PARTNERSHIP DONATION

$12,827

HEALING PLAY INC

PURPOSE: PARTNERSHIP FAIRY WONDERLAND

$12,500

UNITED WAY OF ST CROIX VALLEY

Org PageRecipient Profile

Hudson, WI

PURPOSE: GENERAL DONATION/ASSISTANCE

$12,000

RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION

Org PageRecipient Profile

River Falls, WI

PURPOSE: GENERAL DONATION/ASSISTANCE

$10,000

VILLAGE OF CLAYTON

PURPOSE: PARKS & REC PLAYGROUND DONATION

$10,000

RIVER FALLS COMMUNITY FOOD PANTRY

Org PageRecipient Profile

River Falls, WI

PURPOSE: GENERAL DONATION/ASSISTANCE

$9,900
View Grant Profile

Westconsin Credit Union Grants Recieved

Over the last fiscal year, we have identified 1 grants that Westconsin Credit Union has recieved totaling $5,000.

Awarding OrganizationAmount
Community Foundation Of Dunn County Inc

Menomonie, WI

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

Westconsin Credit Union Peer Organizations

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