Oshkosh Postal Employees Credit Union is located in Oshkosh, WI. As of 12/2022, Oshkosh Postal Employees Credit Union employed 7 individuals. Oshkosh Postal Employees 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, Oshkosh Postal Employees Credit Union generated $277.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $267.1k during the year ending 12/2022. While expenses have increased by 0.8% 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
WE ARE COMITTED TO PROVIDING QUALITY SERVICES TO OUR MEMBERSHIP, WHILE MAINTAINING A SAFE AND RELIABLE FINAANCIAL INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 8 NEW DEPOSIT ACCOUNTS IN 2022. AS OF 12/31/22 WE HAD 534 MEMBERS.
THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 235 NEW LOANS TO OUR MEMBERS DURING 2022. AS OF 12/31/22 WE HAD 517 LOANS TO OUR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michele Spanbauer President | Officer | 41 | $52,360 |
Dorothy Brown Vice Chair | OfficerTrustee | 0.5 | $0 |
Nicolas Helf Treasurer | OfficerTrustee | 0.5 | $0 |
Jo Helf Chair | OfficerTrustee | 0.5 | $0 |
Edmund Spanbauer Secretary | OfficerTrustee | 0.5 | $0 |
Marianne Zarling Director | Trustee | 0.5 | $0 |
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 | $251,769 |
Investment income | $25,624 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $277,393 |
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. | $52,360 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $40,531 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,317 |
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 | $973 |
Advertising and promotion | $2,553 |
Office expenses | $49,094 |
Information technology | $25,429 |
Royalties | $0 |
Occupancy | $16,806 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,605 |
Interest | $44 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,745 |
Insurance | $8,867 |
All other expenses | $0 |
Total functional expenses | $267,102 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,936 |
Savings and temporary cash investments | $1,675,513 |
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 | $4,451,402 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $15,621 |
Net Land, buildings, and equipment | $143,854 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $462,922 |
Intangible assets | $0 |
Other assets | $79,839 |
Total assets | $6,882,087 |
Accounts payable and accrued expenses | $11,051 |
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 | $6,389,710 |
Total liabilities | $6,400,761 |
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 | $481,326 |
Total liabilities and net assets/fund balances | $6,882,087 |
Over the last fiscal year, we have identified 1 grants that Oshkosh Postal Employees Credit Union has recieved totaling $9,200.
Awarding Organization | Amount |
---|---|
Wisconsin Credit Union Foundationinc Madison, WI PURPOSE: TO HELP FUND UPGRADES TO COMPUTERS, PHONE SYSTEM AND PRINTERS | $9,200 |
Organization Name | Assets | Revenue |
---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |