Hayward Community Credit Union
- Assets
- $0.0
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 35
- Location
- Hayward, WI
- Founding
- Data as of
- 12/2022
- EIN
- 39-0860430
Organization Overview
Hayward Community Credit Union is located in Hayward, WI. As of 12/2022, Hayward Community Credit Union employed 35 individuals. Hayward Community Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.
For the year ending 12/2022, Hayward Community Credit Union generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE OUR MEMBERS AND COMMUNITY BY PROMOTING FINANCIAL STABILITY AND QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE FUNDED 581 LOANS DURING 2022. AS OF 12/31/22, WE HAD 417 MORTGAGES/HOME EQUITY LOANS, 1,053 CONSUMER LOANS, 29 MEMBER BUSINESS LOANS, AND 206 CREDIT CARD ACCOUNTS WITH OUR MEMBERS.
WE HAVE DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS WITH 7,604 MEMBERS AT 12/31/22. DURING 2022, WE OPENED 1,173 NEW DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Lasavage 2nd Vice Chair | OfficerTrustee | 1 | $1,600 |
Joel Clapero 1st Vice Chair | OfficerTrustee | 1 | $1,600 |
Rob Frenchick Chair | OfficerTrustee | 1 | $3,000 |
Ron Siemers Treasurer | OfficerTrustee | 1 | $1,700 |
Lisa Nault Secretary | OfficerTrustee | 1 | $1,600 |
Kristin Tingo Exec. Vice President | Officer | 40 | $202,664 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,606,356 |
| Investment income | $958,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,863 |
| Net Gain/Loss on Asset Sales | -$91,888 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,467,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $311,948 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $990,345 |
| Pension plan accruals and contributions | $31,465 |
| Other employee benefits | $175,011 |
| Payroll taxes | $99,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $42,186 |
| Office expenses | $297,742 |
| Information technology | $299,632 |
| Royalties | $0 |
| Occupancy | $57,402 |
| Travel | $7,397 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,617 |
| Interest | $0 |
| Payments to affiliates | $26,419 |
| Depreciation, depletion, and amortization | $83,546 |
| Insurance | $61,388 |
| All other expenses | -$17,745 |
| Total functional expenses | $3,254,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |