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Nonprofit · EIN 26-1564606

MARINE CREDIT UNION FOUNDATION INC

Tax-exempt (reinstated) · LA CROSSE, WI 54601

Financials

$375K$571K2023$658K$463K2024
Revenue Expenses · by fiscal year end
Financials of MARINE CREDIT UNION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$658,244$462,911$195,333$1,314,209$18,789$1,295,420
December 31, 2023990$374,627$570,512-$195,885$1,347,086$76,325$1,270,761
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$368,960
of which government grants
$36,688
Program service revenue
$0
Investment income
$237,226
Net gain from sales of assets
$206,801
Net income from fundraising events
-$1,845
Other revenue
$52,058

Expenses

Grants and similar amounts paid
$165,460
Compensation of officers, directors and key employees
$72,361
Other salaries and wages
$79,203
Salaries, compensation and benefits (total)
$151,564
Professional fundraising fees
$0
Legal fees
$2,001
Accounting fees
$26,025
Program services (functional)
$247,697
Management and general (functional)
$215,214

Balance sheet and other

Total assets, start of year
$1,347,086
Total assets, end of year
$1,314,209
Total liabilities, end of year
$18,789
Net assets, end of year
$1,295,420
Publicly traded securities
$1,083,166
Net assets without donor restrictions
$1,295,420
Gross receipts
$1,227,311
Employees
0
Volunteers
57
Year formed
2007
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DARRICK WEEKSDIRECTOR/MCU PRESIDENT & CEO
Trustee or director, Officer
1$0$610,318$49,137
JOUMANA MCDADSECRETARY/MCU CHIEF EXPERIENCE OFF.
Trustee or director, Officer
1$0$319,723$36,099
CAITLIN WILSONEXECUTIVE DIRECTOR
Officer
25$0$160,174$9,367
QUINN DEVLINEXECUTIVE DIRECTOR (THRU 03/2024)
Officer
25$0$29,485$11,124
ANNE SNOWPRESIDENT
Trustee or director, Officer
1$0$29,479$0
WILLIAM MAASTREASURER
Trustee or director, Officer
1$0$27,500$0
KEN KINGPRESIDENT (THRU 02/2024)
Trustee or director
1$0$0$0
RYAN HALLTREASURER (THRU 02/2024)
Trustee or director
1$0$0$0
JOSH VANDEBERGSECRETARY (THRU 02/2024)
Trustee or director
1$0$0$0
SHY JACKSONDIRECTOR (THRU 02/2024)
Trustee or director
1$0$0$0
JUAN JIMENEZDIRECTOR (THRU 02/2024)
Trustee or director
1$0$0$0
SAM KAUFMANDIRECTOR (THRU 02/2024)
Trustee or director
1$0$0$0
TONYA WAGNERDIRECTOR (THRU 02/2024)
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
QUINN DEVLINEXECUTIVE DIRECTOR
Officer
40$0$73,105$36,002
KEN KINGPRESIDENT
Trustee or director, Officer
1$0$0$0
JOSH VANDEBERGSECRETARY
Trustee or director, Officer
1$0$0$0
RYAN HALLTREASURER
Trustee or director, Officer
1$0$0$0
SHY JACKSONDIRECTOR
Trustee or director
1$0$0$0
SAM KAUFMANDIRECTOR
Trustee or director
1$0$0$0
JUAN JIMENEZDIRECTOR
Trustee or director
1$0$0$0
TONYA WAGNERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
300 2ND ST N STE 400, LA CROSSE, WI 54601-2001
In care of
% LISA DEML
Mailing address (990-N for 2013)
811 Monitor St STE 200, La Crosse WI 546033100
Principal officer (990 for 2024)
CAITLIN WILSON, 300 2ND STREET N 400, LA CROSSE, WI 54601
Principal officer (990-N for 2013)
Lisa Deml, 811 Monitor St STE 200, La Crosse WI 546033100
Signed the 990
JOUMANA MCDAD, SECRETARY/MCU CHIEF EXP. OFF.
Phone
(608) 791-1306
Return prepared by
WIPFLI ADVISORY LLC

Mission

THE MCU FOUNDATION WAS FOUNDED TO MAKE A POSITIVE DIFFERENCE IN THE COMMUNITIES SERVED BY MCU THROUGH CHARITABLE DONATIONS AND INITIATIVES THAT INCREASE FINANCIAL LITERACY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE MISSION OF THE MARINE CREDIT UNION FOUNDATION IS TO PROVIDE CHARITABLE CONTRIBUTIONS AND INCREASE FINANCIAL LITERACY TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS LIVING IN THE COMMUNITIES SERVED BY MARINE CREDIT UNION.
    Expenses $165,460 · grants $165,460
  • THE FINDING HOME PROGRAM IS A 12 MONTH COUNSELING PROGRAM THAT ASSISTS FAMILIES IN FINANCING AND PURCHASING THEIR FIRST HOME.
    Expenses $82,237

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1564606
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$1,314,209
Income (IRS master file)
$1,227,311

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
November 12, 2012
Reinstated
Effective June 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$658,244$462,911$1,314,209IRS
990December 2023$374,627$570,512$1,347,086XML
990December 2022$458,798$427,480$1,357,362IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2013
Officer: Lisa Deml
December 31, 2013≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1564606).

Questions about MARINE CREDIT UNION FOUNDATION INC

What is the EIN of MARINE CREDIT UNION FOUNDATION INC?
The employer identification number (EIN) of MARINE CREDIT UNION FOUNDATION INC is 26-1564606.
Is MARINE CREDIT UNION FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective June 15, 2012.
Are donations to MARINE CREDIT UNION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARINE CREDIT UNION FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARINE CREDIT UNION FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARINE CREDIT UNION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARINE CREDIT UNION FOUNDATION INC?
The 990 for the year ended December 31, 2024 names CAITLIN WILSON.
Who are the officers and directors of MARINE CREDIT UNION FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does MARINE CREDIT UNION FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $658,244, expenses of $462,911 and total assets of $1,314,209 at year end.

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