Program areas at Members Advantage Credit Union
We funded 1,475 loans during 2023. As of 12/31/23, we had $55,177,584 in mortgages/home equity lines, $105,056,979, in consumer loans and $18,019,359 in member business loans. We also had 1,809 Credit card accounts with our Members.
We have deposit, transaction, and investment accounts with 11,440 Members at 12/31/23. During 2023, we opened 1,223 new deposit, transaction, and investment accounts.
Grants made by Members Advantage Credit Union
Personnel at Members Advantage Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Thomas Bulin | Chief Executive Officer | $480,753 | 2023-12-31 |
| Tammy Schwebach-Erdman | Chief Financial Officer | $227,348 | 2024-05-07 |
| Shelley Young | Mortgage Originator | $102,700 | 2021-12-31 |
| Scott Vandehey | Executive Vice President | $231,907 | 2023-12-31 |
| Ronald Schwanz | Treasurer | $1,050 | 2023-12-31 |
| ...and 3 more key personnel |
Financials for Members Advantage Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $8,040,306 | $6,223,094 | 29.2% |
| Investment income and dividends | $454,363 | $444,587 | 2.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $93,335 | $82,908 | 12.6% |
| 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 | $160,717 | -100% |
| Total revenues | $8,588,004 | $6,911,306 | 24.3% |
Organizations like Members Advantage Credit Union
| Organization | Type | Location | Revenue |
|---|
| Centralalliance Credit Union | 501(c)(14) | Neenah, WI | $2,717,019 |
| Iron County Community Credit Union | 501(c)(14) | Hurley, WI | $2,454,870 |
| Fond Du Lac Credit Union | 501(c)(14) | Fond Du Lac, WI | $3,591,838 |
| Brewery Credit Union | 501(c)(14) | Milwaukee, WI | $4,799,877 |
| Co-op Credit Union | 501(c)(14) | Black River Falls, WI | $22,146,492 |
| Dane County Credit Union (DCCU) | 501(c)(14) | Madison, WI | $8,743,870 |
| Verve A Credit Union | 501(c)(14) | La Crosse, WI | $6,597,009 |
| Parker Community Credit Union (PCCU) | 501(c)(14) | Mount Pleasant, WI | $4,876,506 |
| FOCUS Credit Union | 501(c)(14) | Menomonee Falls, WI | $2,568,574 |
| Badger Globe Credit Union | 501(c)(14) | Neenah, WI | $2,232,111 |
Data update history
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 26, 2023
Updated personnel
Identified 1 new personnel
October 15, 2021
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
Memberships
General information
- Address
- PO Box 1208
- Wisconsin Rapids, WI 54495
- County
- Wood County, WI
- Website URL
- membersadvantagecu.com/
- Phone
- (715) 421-1610
- Facebook page
- membersadvantagecreditunion
IRS details
- EIN
- 39-6062826
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1932
- 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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