NonprofitsFilene Research Institute Inc

Public & Societal Benefit

Filene Research Institute Inc

MADISON, WI

Total revenue

$10.9M

Total expenses

$10.2M

Net assets

$14.3M

Grants received

$1.1M

19 grants

EIN

391645910

Tax year

2024

Mission

To conduct scientific research and educational programs of current and future interest and value to the general public and to credit unions, credit union members, credit union organizations and supporters of credit unions and the credit union philosophy.

Programs

1 program

Outreach and education - filene provides members and strategic partners with meaningful opportunities to engage with our body of work through events and communities. This year, over 1,942 credit union-affiliated individuals participated in one of our 9 market-facing events, while more than 4,378 registered for one of our 31 webinars. Through the cooperative trust, we supported 708 emerging leaders and welcomed 178 crashers who engaged in in-person events or our immersive crash course learning community. Our i3 innovation program expanded industry leadership capacity with 51 participants representing 44 credit unions and partner organizations. These outreach and education efforts reflect filene's commitment to developing leaders, advancing innovation, and strengthening the credit union movement.

Expenses: $3.3M

Financials

FY 2024

Revenue

Contributions & grants$9.6M
Program service revenue$1.0M
Investment income$289K
Other revenue
Total revenue$10.9M

Expenses

Grants paid
Salaries & benefits
Fundraising$1.4M
Other expenses$10.2M
Total expenses$10.2M
Total assets$16.4M
Net assets$14.3M

People

11 listed

NameRoleCompensation

APRIL CLOBES

CHAIR

Board

1 hrs/wk

TY MUSE

VICE-CHAIR

Board

1 hrs/wk

KEVIN JOHNSON

TREASURER

Board

1 hrs/wk

KEITH SULTEMEIER

DIRECTOR

Board

1 hrs/wk

MIKE SCHENK

DIRECTOR

Board

1 hrs/wk

TONITA WEBB

DIRECTOR

Board

1 hrs/wk

BILL CHENEY

DIRECTOR

Board

1 hrs/wk

PATTY CAMPBELL

DIRECTOR

Board

1 hrs/wk

LILY NEWFARMER

DIRECTOR

Board

1 hrs/wk

MARK MEYER

PRESIDENT & CHIEF EXECUTIVE OFFICER

Board

60 hrs/wk

JEREMY TOLLEFSON

DIR OF EXECUTIVE RELATIONS/SECRETARY

Board

40 hrs/wk

Independent contractors

CUNA MUTUAL GROUPTRUSTAGE

MANAGEMENT AND ADMINISTRATIVE SERVICES

$3.0M

HERMONEY MEDIA INC

FINANCIAL WELLNESS CONTENT SERVICES

$151K

LAMONT BLACK

RESEARCH AND CONSULTING SERVICES

$125K

TRACEY BOCKHOP

EVENT PLANNING SERVICES

$115K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$63K
UNRESTRICTED
2024
$25K
2024 INCUBATION LAB SPONSORSHIP
2024
$23K
MEMBER VOICE SPONSORSHIP
2024
$15K
TO STRENGTHEN THE CREDIT UNION MOVEMENT THROUGH RESEARCH, INNOVATION, AND COMMUNITY IMPACT INITIATIVES
2024
$250K
CHARITABLE
2023
$50K
2023 INCUBATION LAB SPONSORSHIP
2023
$25K
CHARITABLE CONTRIBUTION - MEMBER VOICE SPONSORSHIP
2023
$10K
DONATION
2023
$10K
UNRESTRICTED CHARITABLE GIFT
2023
$300K
SUPPORT TO PILOT A NATIONAL COMMUNITY OF PRACTICE AND TOOLKIT TO ASSIST CREDIT UNION LEADERS IN EXPANDING THEIR SUPPORT ENTREPRENEUR FOCUSED-ECONOMIC DEVELOPMENT AND ECOSYSTEM BUILDING IN AT LEAST NINE STATES, INCLUDING MO, KS, NE AND IA. 202207-12772
2022
$50K
TO HELP FUND RESEARCH THAT INCREASES LEARNING AND HELPS TRANSFORM ORGANIZATIONS.
2022
$50K
DONATION TO SUPPORT CENTER OF EXCELLENCE
2022
$55K
DONATION TO SUPPORT CENTER OF EXCELLENCE
2021
$50K
CONDUCT CUTTING-EDGE ACTIONABLE RESEARCH TO INCREASE LEARNING AND TRANSFORM ORGANIZATIONS.
2021
$55K
DONATION TO SUPPORT CENTER OF EXCELLENCE
2020
$10K
TO CONDUCT CUTTING-EDGE ACTIONABLE RESEARCH TO INCREASE LEARNING AND TRANSFORM ORGANIZATIONS.
2020

Funded by

$1.1M from 11 funders · 19 grants · 2020–2024

Ewing Marion Kauffman Foundation

$300K · 1 grant · 2022

Trustage Foundation Inc

$250K · 1 grant · 2023

Defense Credit Union Council Inc

$235K · 5 grants · 2020–2024

Financial Partners Credit Union

$100K · 2 grants · 2021–2022

Oneaz Credit Union

$63K · 1 grant · 2024

Vantage West Credit Union

$48K · 2 grants · 2023–2024

National Association Of Federally-

$28K · 3 grants · 2020–2023

Oregon State Credit Union

$15K · 1 grant · 2024

Details

EIN391645910
NTEE codeW60E
Subsection03
Ruling date1990-08
Formed1989
Employees0
Volunteers11
FILENE RESEARCH INSTITUTE INC — Mission, Financials & Grants Received | Grantivo