Covantage Credit Union, Langlade County 4-H Dairy Committee in Antigo, Wisconsin (WI)

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Covantage Credit Union, Langlade County 4-H Dairy Committee
Employer Identification Number (EIN)390945701
Name of OrganizationCovantage Credit Union
Secondary NameLanglade County 4-H Dairy Committee
In Care of NameRACHEL SCHROEDER
Address837 Clermont, Antigo, WI 54409
ActivitiesLoans or credit reporting, Other services or benefits to members or employees, Endowment fund or financial services
SubsectionCredit Union
Ruling Date04/1971
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Tax Period2011
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,045,768,554
Amount of Income$46,752,869
Form 990 Revenue Amount$45,306,398


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$45,306,398
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$43,851,828
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,541,270
Income from investment of tax-exempt bond proceeds$0
Royalties$82,010
Net rental income$39,982
Gross rents (Real / Personal)$39,982 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$39,982 / $0
Net loss from sales of assets other than inventory$-208,692
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $1,237,779
Less: cost or other basis and sales expenses (Securities / Other)$0 / $1,446,471
Gain or (loss) (Securities / Other)$0 / $-208,692
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$35,806,613
Compensation of current officers, directors, trustees, and key employees$1,355,832
Other salaries and wages$8,281,773
Payroll taxes$757,055
Professional fundraising services$0
Other$25,411,953
Balance Sheet (for 2012)
Total assets$1,045,768,554
Total liabilities$939,993,017
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$939,993,017
Total net assets or fund balances$105,775,537
Retained earnings, endowment, accumulated income, or other funds$105,775,537
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateUniversity Of Wisconsin Credit Union3500 University Ave, Madison, WI 53705-2141WI1971-04$803,056,249
SubordinateSummit Credit UnionPO BOX 8046, Madison, WI 53708-8046WI1971-04$112,594,327
SubordinateFirst American Credit Union655 3rd St Ste 101, Beloit, WI 53511-6268WI1971-04$109,136,095
SubordinateLandmark Credit Union2775 S Moorland Road, New Berlin, WI 53151-3718WI1971-04$108,523,286
SubordinateRoyal Credit Union2005 Kane Rd, Eau Claire, WI 54703WI1971-04$98,044,023
SubordinateCredit Unions In The State Of Wisconsin1960 8th Ave Suite 140, Baldwin, WI 54002WI1971-04$89,305,488
SubordinateEducators Credit Union, Wfglsfc Wisconsin Federation Great Lakes Sport Fishing Clubs4037 - 7th Avenue, Kenosha, WI 53140WI1971-04$82,438,511
SubordinateCommunity First Credit UnionPO BOX 1487, Appleton, WI 54912-1487WI1971-04$80,670,416
SubordinateCovantage Credit Union, Langlade County 4-H Dairy Committee837 Clermont, Antigo, WI 54409WI1971-04$46,752,869
SubordinateFox Communities Credit Union, Fcba Fox Cities Bowling Association237 E Wilson Ave, Appleton, WI 54915WI1971-04$45,791,764
SubordinateMarine Credit Union811 Monitor Street, La Crosse, WI 54603-3188WI1971-04$35,989,610
SubordinatePioneer Credit UnionPO BOX 2526, Green Bay, WI 54306-2526WI1971-04$33,059,041
SubordinateBlackhawk Community Credit UnionPO BOX 5366, Janesville, WI 53547-5366WI1971-04$30,748,674
SubordinateConnexus Credit UnionPO BOX 8026, Wausau, WI 54402-8026WI1971-04$23,027,296
SubordinateCitizens First Credit UnionPO BOX 3046, Oshkosh, WI 54903-3046WI1971-04$20,390,252
SubordinateCorporate Central Credit Union4262 S 108th St, Greenfield, WI 53228-1908WI1971-04$19,084,979
SubordinateWestby Coop Credit UnionPO BOX 70, Westby, WI 54667-0070WI1971-04$18,499,917
SubordinateGuardian Credit Union4501 W Greenfield Ave, Milwaukee, WI 53214-5306WI1971-04$18,480,230
SubordinateCapital Credit Union1010 Prospect St, Kimberly, WI 54136-1625WI1971-04$17,828,559
SubordinateKohler Credit Union850 Woodlake Rd, Kohler, WI 53044-1323WI1971-04$16,373,476
Number of affiliated organizations
Wisconsin265
Total265

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