Credit Union Executives Society is located in Madison, WI. The organization was established in 1984. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2022, Credit Union Executives Society employed 59 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Credit Union Executives Society is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2022, Credit Union Executives Society generated $11.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $11.6m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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 EDUCATE AND DEVELOP CREDIT UNION CEOS, DIRECTORS AND FUTURE LEADERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES, SPECIALTY MEETINGS, SEMINARS, AND INSTITUTES CONFERENCES - ANNUAL EVENTS, ORGANIZED AROUND A THEME, FUNCTIONAL ELEMENT OF A CREDIT UNION, OR A SPECIFIC AUDIENCE. CUES CONFERENCES MAY INCLUDE AN EXHIBIT PROGRAM AND ATTRACT ANYWHERE FROM 250 TO 1,500 ATTENDEES. THEY TYPICALLY RUN THREE TO FOUR DAYS IN LENGTH.SPECIALTY MEETINGS - ANNUAL EVENTS AIMED AT A SPECIFIC AUDIENCE OR THEME. THEY ARE USUALLY FOUR DAYS IN LENGTH AND HAVE APPROXIMATELY 100 ATTENDEES.SEMINARS - CUES SEMINAR SERIES ARE RECURRENT EVENTS SCHEDULED AT DIFFERENT TIMES THROUGHOUT THE YEAR, EXPLORING A SINGLE TOPIC OR FUNCTIONAL AREA OF MANAGEMENT IN GREAT DEPTH AND DETAIL. THE FORMAT COMBINES LECTURE, DISCUSSION, AND WORK ASSIGNMENTS IN A HIGHLY INTERACTIVE WORKSHOP SETTING. SEMINARS RUN ONE TO THREE DAYS AND ATTENDANCE IS LIMITED TO APPROXIMATELY 50 PARTICIPANTS PER SEMINAR.INSTITUTES - INSTITUTES ARE ANNUAL, HIGH-LEVEL OFFERINGS DEVELOPED BYTHE CUES UNIVERSITY CONSORTIUM FACULTY AND CUES MEMBER ADVISORY GROUPAND STAFF. MOST CUES INSTITUTES ARE MULTI-TIER, WEEK-LONG PROGRAMS.GRADUATES FROM EACH OF THESE PROGRAMS MAY APPLY FOR A DESIGNATION FROMCUES CERTIFICATIONS PROGRAM RECOGNIZING THEIR ACHIEVEMENT. DUE TO COVID, CUES HELD THEIR FIRST ONLINE INSTITUTE PROGRAM.
MAGAZINES AND PUBLICATIONS:CREDIT UNION MANAGEMENT MAGAZINE - INFORMATIVE PUBLICATION DEVOTED EXCLUSIVELY TO TOP CREDIT UNION EXECUTIVES. FILLED WITH TIMELY AND RELEVANT TOPICS IN THE AREAS OF GENERAL MANGEMENT, MARKETING, OPERATIONS, AND HUMAN RESOURCES.
OTHER PRODUCTS AND SERVICES:CUES MEMBERSHIP - INTERNATIONAL ORGANIZATION DESIGNED EXCLUSIVELY FOR CREDIT UNION EXECUTIVES WITH A WIDE ARRAY OF BENEFITS FOR THE MEMBERS CAREER AND THE CREDIT UNION.CUES-NET - CUES MEMBERS SUBSCRIBE FREE OF CHARGE TO THIS E-MAIL NETWORKING SERVICE TO DISCUSS TIMELY ISSUES WITH OTHER MEMBER SUBSCRIBERS.CUES ON THE INTERNET - 24-HOUR ON-LINE ACCESS TO CUES POWERFULRESOURCES. SCAN IMPORTANT CUES NEWS, POST LISTINGS OF AVAILABLE CREDITUNION JOBS, AND ESTABLISH FREE LINKS TO CREDIT UNION HOME PAGES. THECUES WEBSITE OFFERS A VARIETY OF INTERACTIVE AREAS, PROVIDING ACONVENIENT SOURCE OF INFORMATION, NETWORKING WITH PEERS, AND AMEMBERS-ONLY ARCHIVE OF QUESTIONS AND ANSWERS FROM CUES-NET.CUES COUNCILS - GROUPS OF CUES MEMBERS WHO PROVIDE PEER SUPPORT ANDCLOSE-TO-HOME PROFESSIONAL DEVELOPMENT. ADVANCE CAREER CAPABILITIES ONA CONVENIENT REGIONAL LEVEL.RECOGNITION PROGRAMS - AS PART OF OUR COMMITMENT TO PROFESSIONALDEVELOPMENT, CUES PROVIDES THE OPPORTUNITY FOR RECOGNITION AMONG PEERSBY OFFERING A VARIETY OF DISTINGUISHED AWARDS INCLUDING CUES EXECUTIVEOF THE YEAR, CUES MARKETER OF THE YEAR, CUES OPERATIONS PROFESSIONAL OFTHE YEAR, DIRECTOR OF THE YEAR, AND THE PRESTIGIOUS CUES GOLDEN MIRRORAWARDS.PUBLICATIONS AND ON-LINE SERVICES - DEALING WITH VARIOUS TOPICS -GENERAL MANAGEMENT, BOARD DEVELOPMENT, STRATEGIC PLANNING, HUMANRESOURCES, FINANCE, MARKETING, OPERATIONS, AND LENDING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Pembroke President/ceo | Officer | 40 | $488,781 |
Dawn Poker Svp/chief Sales & Member Relations | Officer | 40 | $254,603 |
Jerry Saalsaa Chief Administrative Officer | Officer | 40 | $209,477 |
Christopher Stevenson Svp/chief Learning Officer | Officer | 40 | $193,739 |
Tony Hill Svp/chief Marketing Officer | Officer | 40 | $178,439 |
Carolyn Cereghino Vp/sales & Member Relations | 40 | $132,974 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cornell University - The Johnson School Education | 9/29/20 | $473,000 |
Michael Neil & Associates Royalties | 9/29/20 | $219,710 |
Accella Llc Website Support | 9/29/20 | $154,163 |
Applied Tech Solutions It Outsourcing | 9/29/20 | $165,303 |
Leiha Fiddler Canada Sales Contractor | 9/29/20 | $194,068 |
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 | $764,466 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $764,466 |
Total Program Service Revenue | $10,725,984 |
Investment income | $45,720 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $32,541 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $117,691 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,726,194 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $24 |
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. | $1,464,645 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,797,156 |
Pension plan accruals and contributions | $59,872 |
Other employee benefits | $352,104 |
Payroll taxes | $313,264 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,203 |
Fees for services: Accounting | $27,248 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,459,722 |
Advertising and promotion | $83,742 |
Office expenses | $238,713 |
Information technology | $5,464 |
Royalties | $0 |
Occupancy | $132,390 |
Travel | $426,548 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,043,291 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $509,757 |
Insurance | $33,069 |
All other expenses | $152,433 |
Total functional expenses | $11,642,850 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,113,860 |
Savings and temporary cash investments | $2,439,033 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $465,413 |
Loans from Officers, Directors, or Controlling Persons | $8,974 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,724,936 |
Net Land, buildings, and equipment | $1,847,464 |
Investments—publicly traded securities | $611,425 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $109,994 |
Other assets | $0 |
Total assets | $8,321,099 |
Accounts payable and accrued expenses | $993,965 |
Grants payable | $0 |
Deferred revenue | $5,357,273 |
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 | $611,425 |
Total liabilities | $6,962,663 |
Net assets without donor restrictions | $1,358,436 |
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 | $8,321,099 |
Organization Name | Assets | Revenue |
---|---|---|
Independent Community Bankers Of America Sauk Centre, MN | $290,014,074 | $45,994,592 |
Credit Union Executives Society Madison, WI | $8,321,099 | $11,726,194 |
Sauget Sanitary Development & Research Association Sauget, IL | $2,077,489 | $11,379,905 |
World Council Of Credit Unions Inc Madison, WI | $4,821,097 | $12,974,167 |
Michigan Credit Union League Plymouth, MI | $88,338,400 | $4,235,709 |
Michigan Townships Association Lansing, MI | $8,385,951 | $4,347,332 |
Minnesota Bankers Association Eden Prairie, MN | $8,043,309 | $3,421,584 |
Wisconsin Credit Union League Inc Madison, WI | $8,422,290 | $3,629,838 |
Minnesota Rural Water Association Elbow Lake, MN | $3,077,826 | $3,261,922 |
Amalgamated Social Benefits Association Chicago, IL | $4,079,204 | $2,494,451 |
Michigan Rural Water Association Okemos, MI | $1,869,015 | $2,731,981 |
Minnesota Telephone Association Inc Stpaul, MN | $1,279,282 | $1,707,745 |