Lakeview Credit Union in Neenah, Wisconsin (WI)

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Lakeview Credit Union
Employer Identification Number (EIN)390774816
Name of OrganizationLakeview Credit Union
In Care of NamePatrick M Lowney
AddressPO BOX 648, Neenah, WI 54957-0648
SubsectionCredit Union
Ruling Date04/2015
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$50,000,000 to greater
Income$1,000,000 to $4,999,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$102,541,895
Amount of Income$4,851,095
Form 990 Revenue Amount$4,851,095

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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$4,654,989
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$4,385,087
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$255,708
Income from investment of tax-exempt bond proceeds$0
Net rental income$2,400
Gross rents (Real / Personal)$2,400 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$2,400 / $0
Net loss from sales of assets other than inventory$-704
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $22,106
Less: cost or other basis and sales expenses (Securities / Other)$0 / $22,810
Gain or (loss) (Securities / Other)$0 / $-704
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$4,578,751
Compensation of current officers, directors, trustees, and key employees$603,137
Other salaries and wages$1,045,685
Payroll taxes$135,463
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$108,859,557
Total liabilities$99,495,792
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
Total net assets or fund balances$9,363,765
Retained earnings, endowment, accumulated income, or other funds$9,363,765
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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