Brantwood Credit Union

Address
PO BOX 6
Brantwood, WI 54513
Contact
Nonprofit
NTEE: W61 - Credit Unions
EIN: 39-6050143
 
 20162015201420132012
Basic features of the organization
Year of formation1932
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$54,941.00$51,394.00$49,018.00$44,513.00$40,649.00
Sum of reportable (W2/1099) compensation$54,941.00$51,394.00$49,018.00$44,513.00$40,649.00
Number of employees23222
Number of people compensated >$100k00000
Number of volunteers44   
Personnel
Bacholl, Michael
TitleVice-ChairVice-ChairVice-Chair DirectorResigned
Name of key/compensated personMichael BachollMichael BachollMichael Bacholl Michael Bacholl
Position of compensated person
Current individual trustee or directorTrueTrueTrue True
Current officerTrueTrueTrue  
Average hours per week working for org1.000.000.00 0.00
Reportable compensation from org$525.00$0.00$0.00 $0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00 $0.00
Average hours per week working for related orgs0.000.000.00  
Heikkinen, Beverly
TitlePresidentTreasurerPresidentTreasurerPresidentTreasurerPresidentTreasurerPresidentTreasurer
Name of key/compensated personBeverly HeikkinenBeverly HeikkinenBeverly HeikkinenBeverly HeikkinenBeverly Heikkinen
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org37.0040.0040.0040.0040.00
Reportable compensation from org$35,031.00$33,410.00$33,126.00$30,840.00$28,222.00
Other comp, non-reportable, from org and related orgs$10,950.00$9,160.00$8,180.00$0.00$7,841.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.00 
Hoffman, Kenneth
TitleChairmanChairmanChairmanChairmanChairman
Name of key/compensated personKenneth HoffmanKenneth HoffmanKenneth HoffmanKenneth HoffmanKenneth Hoffman
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$525.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.00 
Jahn, Luann
TitleTellerTellerTellerTellerTeller
Name of key/compensated personLuAnn M JahnLuAnn M JahnLuAnn M JahnLuAnn M JahnLuAnn M Jahn
Position of compensated person
Average hours per week working for org17.0020.0020.0020.0020.00
Reportable compensation from org$17,930.00$17,440.00$15,892.00$13,673.00$12,427.00
Other comp, non-reportable, from org and related orgs$334.00$431.00$265.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.00 
Kivela, Karin
TitleSecretarySecretarySecretarySecretarySecretary
Name of key/compensated personKarin KivelaKarin KivelaKarin KivelaKarin KivelaKarin Kivela
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrue   
Average hours per week working for org1.000.000.000.000.00
Reportable compensation from org$480.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.000.00 
Miller, Miranda
Title Employee   
Name of key/compensated person Miranda Miller   
Position of compensated person
Average hours per week working for org 0.00   
Reportable compensation from org $544.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Average hours per week working for related orgs 0.00   
Raleigh, James
Title   Vice-ChairVice-Chair
Name of key/compensated person   James RaleighJames Raleigh
Position of compensated person
Current individual trustee or director   TrueTrue
Current officer   True 
Average hours per week working for org   0.000.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Average hours per week working for related orgs   0.00 
Swenson, Bradley
TitleVice-PresVice-Pres 72015 - 122015   
Name of key/compensated personBradley SwensonBradley Swenson   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org1.000.00   
Reportable compensation from org$450.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
van Neupert, Carl
Title  Vice PresidentVice President 
Name of key/compensated person  Carl van NeupertCarl van Neupert 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Average hours per week working for org  0.000.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Average hours per week working for related orgs  0.000.00 
von Neupert, Carl
Title Vice Pres Deceased 12015-7   
Name of key/compensated person Carl von Neupert   
Position of compensated person
Current officer True   
Average hours per week working for org 0.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Average hours per week working for related orgs 0.00   
Purpose: mission, activities, & accomplishments
Mission or significant activitiesNoneNoneNoneNoneNone
Programs, including revenue & expenses
We funded 298 in loans during 2016. As of 12/31/2016, we had 298 consumer loans.
Program descriptionWe funded 298 in loans during 2016. As of 12/31/2016, we had 298 consumer loans.We funded $1,551,356 in loans during 2015. As of 12/31/2015, we had 290 consumer loans.We funded 317 loans during 2014.We funded 320 loans during 2013.We funded 296 loans during 2012.
We have a Youth Program and activate it during Youth Week in April. For any member or new member 16 years old or younger-by depositing $10 or more during Youth Week, their account receives a rate of 1.00% for the year. If they do not deposit during Youth Week - their account remians at .50%. We have been very successful in encouraging current members to deposit and have also encourages new members during youth week.
Program description We have a Youth Program and activate it during Youth Week in April. For any member or new member 16 years old or younger-by depositing $10 or more during Youth Week, their account receives a rate of 1.00% for the year. If they do not deposit during Youth Week - their account remians at .50%. We have been very successful in encouraging current members to deposit and have also encourages new members during youth week.   
We have deposit, transaction, and investment accounts with 823 members at 12/31.
Program descriptionWe have deposit, transaction, and investment accounts with 823 members at 12/31.We have deposit, transaction, and investment accounts with 818 members at 12/31. During 2015, we opened 56 new deposit, transaction and investment accounts.We have deposit, transaction, and investment accounts with 800 members at 12/31. During 2014, we opened 48 new deposit, transaction and investment accounts.We have deposit, transaction, and investment accounts with 759 members at 12/31. During 2013, we opened 51 new deposit, transaction and investment accounts.We have deposit, transaction, and investment accounts with 724 members at 12/31. During 2012, we opened 55 new deposit, transaction and investment accounts.
Financial data
Revenue
Total revenue$219,802.00$208,246.00$204,003.00$201,417.00$208,309.00
Revenue from contributions (total)    $0.00
Investment income, current yr$5,858.00$3,531.00$4,870.00$5,372.00$7,869.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$213,944.00$204,715.00$199,133.00$196,045.00$200,440.00
Gross receipts$219,802.00$208,246.00$204,003.00$201,417.00$208,309.00
Other types of revenue
Income from dividends, interest, and similar investments$5,858.00$3,531.00$4,816.00$5,372.00$7,869.00
Net rental income    $0.00
Expense categories (totals)
Total functional expenses: sum of all$191,842.00$179,152.00$161,270.00$138,787.00$139,967.00
Total functional expenses: program service $0.00$0.00$0.00$0.00$0.00
Total functional expenses: management and general$0.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$5,170,857.00$4,923,773.00$4,392,823.00$4,146,759.00$3,790,608.00
Total assets, beginning of year$4,923,773.00$4,392,823.00$4,146,759.00$3,790,608.00$3,632,461.00
Total liabilities$4,455,898.00$4,236,774.00$3,734,918.00$3,531,587.00$3,238,783.00
Total liabilities, beginning of year$4,236,774.00$3,734,918.00$3,531,587.00$3,238,783.00$3,145,934.00
Net assets$714,959.00$686,999.00$657,905.00$615,172.00$551,825.00
Net assets, beginning of year$686,999.00$657,905.00$615,172.00$551,825.00$486,527.00
Other liabilities$4,452,739.00$4,232,040.00$3,732,236.00$3,525,695.00$3,232,388.00
Other assets-$359.00$490.00$2,190.00$5,153.00$5,576.00
Cash: non-interest bearing$235,717.00$134,635.00$62,965.00$87,143.00$44,169.00
Cash: non-interest bearing, beginning of year$134,635.00$62,965.00$87,143.00$44,169.00$40,104.00
Investments -- program-related$68,287.00$63,289.00$61,224.00$58,291.00$57,429.00
Other financial variables
Revenue less expenses$27,960.00$29,094.00$42,733.00$62,630.00$68,342.00
Advertising (total)$3,551.00$2,840.00$3,793.00$5,039.00$3,135.00
Savings & temp cash investment$743,093.00$827,809.00$545,058.00$625,872.00$569,090.00
Accounts payable & accrued expenses$3,159.00$4,734.00$2,682.00$5,892.00$6,395.00
Total net assets or fund balances$714,959.00$686,999.00$657,905.00$615,172.00$551,825.00
Depreciation, depletion, amortization$6,503.00$6,750.00$6,021.00$8,106.00$3,613.00
Payment to affiliates$3,779.00$4,346.00$3,340.00$3,654.00$3,481.00
Governance and accountability
Number of voting members54443
Number of independent voting members43333
Relationships among key personnel  TrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-09-082016-09-292015-08-062014-12-042013-08-16
IRS schema version2016v3.02015v2.12014v5.02013v3.12012v2.1
Filing identifier201731449349300603201601379349307535201531339349305238201413169349305166201331339349304883
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