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EIN 39-1094338

FOCUS Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
0
City
Menomonee Falls
State
Wisconsin
Year formed
1964
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
FOCUS Credit Union provides financial services to benefit its membership through its not-for-profit financial cooperative thrift mission. It maximizes the financial future of member-owners by granting 699 member loans in 2022 and having outstanding mortgage loans, credit cards, and consumer loans and lines of credit as of December 31, 2022. FOCUS Credit Union has 6,606 members with deposit, transaction, and investment accounts and opened 375 new member accounts during 2022.
Related structure
FOCUS Credit Union is a child organization, under an unknown parent.
Total revenues
$3,410,331
2023
Total expenses
$2,171,165
2023
Total assets
$56,707,277
2023
Num. employees
0
2023

Program areas at FOCUS Credit Union

Focus Credit Union granted 821 member loans during 2023. As of december 31, 2023 fcu had 125 mortgage loans and lines of Credit outstanding, 1,286 Credit cards outstanding and 2,966 consumer loans and lines of Credit outstanding.
Focus Credit Union had deposit, transaction, and investment accounts with 6,754 members. During 2023 fcu opened 148 new member accounts.

Personnel at FOCUS Credit Union

NameTitleCompensation
Dean WilsonPresident and Chief Executive Officer$180,861
Kimberly YoungbloodSenior Vice President and Chief Operating Officer$139,049
Rob VergeerPast Treasurer$495
Tracey ParentVice Chair$450
Amy RummelSecretary$540
...and 8 more key personnel

Financials for FOCUS Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,944,081
Investment income and dividends$458,772
Tax-exempt bond proceeds$0
Royalty revenue$7,478
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$3,410,331

Form 990s for FOCUS Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-08990View PDF
2022-122023-03-27990View PDF
2021-122022-03-22990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like FOCUS Credit Union

OrganizationLocationRevenue
Northwestern Mutual Credit UnionMilwaukee, WI$5,385,608
Sentry Credit UnionStevens Point, WI$3,850,431
Best Advantage Credit UnionBrillion, WI$3,699,899
Winnebago Community Credit Union (WCCU)Oshkosh, WI$7,397,018
Marathon County Employees Credit UnionWausau, WI$2,168,761
Nekoosa Credit UnionNekoosa, WI$1,254,521
Members Advantage Credit UnionWisconsin Rapids, WI$8,588,004
Forward Financial Credit UnionNiagara, WI$3,922,545
Firefighters Credit UnionOnalaska, WI$5,850,393
Teachers Credit UnionBeloit, WI$1,349,459
Data update history
August 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 26, 2024
Updated personnel
Identified 1 new personnel
August 25, 2024
Used new vendors
Identified 1 new vendor, including
August 9, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No full-time employees
General information
Address
N88 W14930 Main St
Menomonee Falls, WI 53051
Metro area
Milwaukee-Waukesha, WI
County
Waukesha County, WI
Website URL
mynmcu.com/ 
Phone
(262) 255-0833
IRS details
EIN
39-1094338
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1964
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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