Marine Credit Union in La Crosse, Wisconsin (WI)

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Marine Credit Union
Employer Identification Number (EIN)390827305
Name of OrganizationMarine Credit Union
Address811 Monitor Street, La Crosse, WI 54603-3188
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 Period12/2012
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$414,584,266
Amount of Income$35,989,610
Form 990 Revenue Amount$35,989,610


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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$35,989,610
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$35,470,148
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$218,852
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$338,000
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $338,000
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$0 / $338,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$-37,390
Statement of Functional Expenses (for 2012)
Total functional expenses$31,171,000
Compensation of current officers, directors, trustees, and key employees$1,639,223
Other salaries and wages$12,522,888
Payroll taxes$1,175,292
Professional fundraising services$0
Other$15,833,597
Balance Sheet (for 2012)
Total assets$414,584,266
Total liabilities$375,573,145
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$27,173,588
Unsecured notes and loans payable to unrelated third parties$0
Other$348,399,557
Total net assets or fund balances$39,011,121
Retained earnings, endowment, accumulated income, or other funds$39,011,121
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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7Marian R Scheibe Foundation Inc111 E Wisconsin Ave Ste 1800, Milwaukee, WI 53202-4809WI1984-09$23,827
8Marie And Andrew Lobenstein Tr, Curran William T TteePO BOX 140, Mauston, WI 53948-0140WI1997-12$44,803
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10Marine Corps Musicians AssociationPO BOX 8725, Green Bay, WI 54308-8725WI1992-07$23,341
11Marine Credit Union811 Monitor Street, La Crosse, WI 54603-3188WI1971-04$35,989,610
12Marine Parents UnitedPO BOX 218, Brooklyn, WI 53521-0218WI2005-03$9,498
13Marinette Area Chamber Foundation Inc601 Marinette Ave, Marinette, WI 54143-1633WI1985-10$37,136
14Marinette Area Chamber Of Commerce601 Marinette Ave, Marinette, WI 54143-1633WI1974-01$264,469
15Marinette Catholic Central Athletic Inc1200 Main St, Marinette, WI 54143-2541WI1963-11$88,170
16Marinette Catholic Central High School Foundation IncPO BOX 762, Marinette, WI 54143-0762WI1976-04$140,737
17Marinette Citizens Police Academy Alumni Association IncPo Box 841, Marinette, WI 54143WI2003-05$0
18Marinette County Association For Business And Industry Inc1926 Hall Ave, Marinette, WI 54143-1717WI1995-02$95,013
19Marinette County Elderly ServicesPO BOX 456, Crivitz, WI 54114-0456WI1982-03$986,553
20Marinette County Employees Credit Union1740 Stephenson St, Marinette, WI 54143-2133WI1971-04$739,754
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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