NonprofitsMembers First Credit Union

Members First Credit Union

MADISON, WI

Total revenue

$1.8M

Total expenses

$1.7M

Net assets

Grants received

EIN

391019822

Tax year

2023

Mission

To encourage thrift among our members, to create a source of credit at a fair and reasonable cost, and to provide an opportunity for each of our members to improve their respective economic and social conditions.

Programs

1 program

The credit union has several types of loan programs available for our members. We funded 322 new loans to members during 2023. As of 11/30/23 we had 1,467 loans to our members.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.7M
Investment income$117K
Other revenue$6K
Total revenue$1.8M

Expenses

Grants paid$3K
Salaries & benefits$647K
Fundraising
Other expenses$1.1M
Total expenses$1.7M
Total assets
Net assets

People

9 listed

NameRoleCompensation

JENNIFER KUTZ

PRESIDENT

Board

$93K

40 hrs/wk

RON KLUGE

CHAIR

Board

1 hrs/wk

DENNIS BARIBEAU

VICE CHAIR

Board

1 hrs/wk

SUE POWERS

TREASURER

Board

1 hrs/wk

DOROTHY STEFFENS

SECRETARY

Board

1 hrs/wk

DENNIS NIEBUHR

DIRECTOR

Board

1 hrs/wk

GERALD RING

DIRECTOR

Board

1 hrs/wk

JOSH KLUGE

DIRECTOR

Board

1 hrs/wk

NICOLE WHITMORE

DIRECTOR

Board

1 hrs/wk

Independent contractors

SHARETEC DATA CORP

CORE SYSTEM

$110K

Details

EIN391019822
Subsection14
Ruling date1965-01
Formed1955
Employees14
Volunteers8
MEMBERS FIRST CREDIT UNION — Mission, Financials & Grants Received | Grantivo