EIN 39-0926186

Cloverbelt Credit Union (CCU)

IRS 501(c) type
501(c)(14)
Num. employees
59
City
Year formed
1935
Most recent tax filings
2023-12-01
Description
Cloverbelt Credit Union (CCU) was originally organized by local farmers who found it difficult to obtain financial support elsewhere. Needing an outlet through which they could borrow money as well as a savings headquarters, the credit union was born.
Related structure
CCU is a child organization, under an unknown parent.
Total revenues
$12,492,304
2023
Total expenses
$11,817,109
2023
Total assets
$314,880,684
2023
Num. employees
59
2023

Program areas at CCU

The organization provided the following financial services to members: - provided 7,137 loans to members for $240,021,898. - paid dividends to members totaling $4,510,334. - provided low-cost financial services to 16,651 members with $271,602,172 in deposits.
The organization provided the following to serve their community: - provided members with ongoing financial education to help prevent becoming a victim of fraud and other scams. - engaged youth through our lucky the lion savers club, a-team and scholarship programs. - supported our communities through charitable donations, school supply and clothing drives, and volunteering. Ccu lives the Credit Union motto of people helping people.

Grants made by CCU

GranteeGrant descriptionAmount
The Women's CommunityFHBLC Covid-19 Targeted Impact Fund Grant$5,000
Wausau Firefighters Community Assistance FoundationFHBLC Covid-19 Targeted Impact Fund Grant$5,000
Peytons PromiseFHBLC Covid-19 Targeted Impact Fund Grant$5,000

Personnel at CCU

NameTitleCompensation
Paul J ChittumPresident and Chief Executive Officer$617,807
Lisa HieronimusExecutive Vice President and Chief Financial Officer$176,319
Eldon PagelChairman$2,400
Jackie SturzeneggerVice President$93,161
Scott HungerVice Chairman$2,250
...and 5 more key personnel

Financials for CCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$11,468,306
Investment income and dividends$1,023,998
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,492,304

Form 990s for CCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-05990View PDF
2022-122023-05-12990View PDF
2021-122022-05-11990View PDF
2020-122021-08-25990View PDF
2019-122020-09-02990View PDF
...and 10 more Form 990s

Organizations like CCU

OrganizationLocationRevenue
Kohler Credit UnionSheboygan, WI$22,715,156
Blackhawk Community Credit UnionJanesville, WI$34,765,516
Northwoods Community Credit UnionPark Falls, WI$4,093,383
Oakdale Credit Union (OCU)Oakdale, WI$5,526,779
AppleTree Credit Union (ATCU)West Allis, WI$4,215,190
Sentry Credit UnionStevens Point, WI$3,850,431
Brokaw Credit UnionWeston, WI$3,641,938
Tomah Area Credit UnionTomah, WI$4,837,364
Governmental Employees Credit UnionLa Crosse, WI$3,521,998
Prime Financial Credit UnionCudahy, WI$10,039,036
Data update history
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 12, 2023
Updated personnel
Identified 1 new personnel
July 5, 2022
Posted financials
Added Form 990 for fiscal year 2020
April 25, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
Address
110 Mcindoe St PO Box 659
Wausau, WI 54403
Metro area
Wausau-Weston, WI
County
Marathon County, WI
Website URL
ccuwausau.com/ 
Phone
(715) 842-5693
Facebook page
Cloverbelt-Credit-Union 
IRS details
EIN
39-0926186
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
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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