Program areas at Madison Credit Union
Credit Union Program: Provided 79 first mortgages totaling $7,899,550. Provided 76,012 new and used auto loans totaling $13,656,789.
Credit Union Program: Serviced members' interest by accepting deposits, granting loans, and investing excess funds in a prudent manner.
Credit Union Program: Provide low cost financial services to 3,103 members.
Personnel at Madison Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Ilene Fritschler | Chief Executive Officer and President | $93,359 | 2024-04-23 |
| David Petit | President | $92,934 | 2016-12-31 |
Financials for Madison Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $1,471,787 | $1,107,905 | 32.8% |
| Investment income and dividends | $490,160 | $380,956 | 28.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,961,947 | $1,488,861 | 31.8% |
Organizations like Madison Credit Union
| Organization | Type | Location | Revenue |
|---|
| Winnebago Community Credit Union (WCCU) | 501(c)(14) | Oshkosh, WI | $7,397,018 |
| Nekoosa Credit Union | 501(c)(14) | Nekoosa, WI | $1,254,521 |
| Teachers Credit Union | 501(c)(14) | Beloit, WI | $1,349,459 |
| Glacier Hills Credit Union | 501(c)(14) | West Bend, WI | $9,272,339 |
| Marathon County Employees Credit Union | 501(c)(14) | Wausau, WI | $2,168,761 |
| Fond Du Lac Credit Union | 501(c)(14) | Fond Du Lac, WI | $3,591,838 |
| Central Wisconsin Credit Union | 501(c)(14) | Plover, WI | $1,889,512 |
| First Choice Credit Union | 501(c)(14) | Marshfield, WI | $1,200,171 |
| Gundersen Credit Union | 501(c)(14) | La Crosse, WI | $1,954,633 |
| Iron County Community Credit Union | 501(c)(14) | Hurley, WI | $2,454,870 |
Data update history
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 14, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
- Address
- 949 E Washington Ave
- Madison, WI 53703
- Metro area
- Madison, WI
- County
- Dane County, WI
- Website URL
- madisoncu.com/
- Phone
- (608) 266-4750
IRS details
- EIN
- 39-0881791
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1936
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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