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Nonprofiteer
← FORT COMMUNITY CREDIT UNION

Form 990 for tax year 2025

Filed by FORT COMMUNITY CREDIT UNION.

Totals

Total revenue
$23,245,817
Total expenses
$20,291,551
Contributions and grants received
$0
Grants paid
$155,037
Program service revenue
$19,345,787
Investment income
$3,852,029
Other revenue
$48,001
Total assets, end of year
$405,853,896
Total liabilities, end of year
$355,786,107
Net assets or fund balances, end of year
$50,067,789
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: INTEREST ON LOANS

    total $15,921,253 · related or exempt $15,921,253

  • 2b · Program service revenue: FEE INCOME

    total $1,241,298 · related or exempt $1,241,298

  • 2c · Program service revenue: INTERCHANGE DEBIT CARD INCOME

    total $346,546 · related or exempt $346,546

  • 2d · Program service revenue: INSURANCE SALES

    total $272,543 · related or exempt $255,343 · unrelated business $17,200

  • 2e · Program service revenue: NONMEMBER ATM FEES

    total $52,522 · unrelated business $52,522

  • 2f · All other program service revenue

    total $1,511,625 · related or exempt $1,511,625

  • 3 · Investment income

    total $3,844,743 · excluded $3,844,743

  • 6a · Gross rents

    real property $83,745

  • 6b · Less rental expenses

    real property $35,744

  • 6c · Rental income or loss

    real property $48,001

  • 6d · Net rental income or loss

    total $48,001 · excluded $48,001

  • 7a · Gross sales of assets other than inventory

    securities $6,776,599

  • 7b · Less cost or other basis and sales expenses

    securities $6,769,313

  • 7c · Gain or loss

    securities $7,286

  • 7d · Net gain or loss

    total $7,286 · excluded $7,286

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $145,037

  • 2 · Grants to domestic individuals

    total $10,000

  • 4 · Benefits paid to or for members

    total $5,743,421

  • 5 · Compensation of officers, directors and key employees

    total $1,096,396

  • 7 · Other salaries and wages

    total $3,971,292

  • 8 · Pension plan contributions

    total $201,362

  • 9 · Other employee benefits

    total $590,209

  • 10 · Payroll taxes

    total $312,525

  • 11b · Fees: legal

    total $14,115

  • 11c · Fees: accounting

    total $95,507

  • 11g · Fees: other

    total $1,274,687

  • 12 · Advertising and promotion

    total $492,861

  • 13 · Office expenses

    total $367,392

  • 14 · Information technology

    total $1,826,957

  • 16 · Occupancy

    total $398,765

  • 17 · Travel

    total $52,877

  • 19 · Conferences, conventions and meetings

    total $14,414

  • 20 · Interest

    total $797,944

  • 22 · Depreciation, depletion and amortization

    total $634,904

  • 23 · Insurance

    total $13,994

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $997,089

  • 24b · Other expenses: LOAN & CLOSING COSTS

    total $861,094

  • 24c · Other expenses: CREDIT CARD FEES

    total $159,131

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $76,504

  • 24e · All other expenses

    total $143,074

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,282,444 · end of year $9,023,106

  • 2 · Savings and temporary cash investments

    beginning of year $23,416,098 · end of year $24,551,851

  • 4 · Accounts receivable

    beginning of year $1,242,570 · end of year $1,285,480

  • 5 · Loans and receivables from officers and key people

    beginning of year $1,219,111 · end of year $1,232,014

  • 7 · Other notes and loans receivable

    beginning of year $250,604,667 · end of year $270,252,948

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,905,599 · end of year $2,495,042

  • 10a · Land, buildings and equipment: cost or other basis

    $20,014,098

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,659,038

  • 10c · Land, buildings and equipment, net

    beginning of year $10,369,189 · end of year $13,355,060

  • 11 · Investments: publicly traded securities

    beginning of year $70,913,938 · end of year $72,840,637

  • 12 · Investments: other securities

    beginning of year $5,749,673 · end of year $4,105,315

  • 15 · Other assets

    beginning of year $11,447,309 · end of year $6,712,443

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,476,125 · end of year $7,025,162

  • 21 · Escrow or custodial account liability

    beginning of year $173,353 · end of year $168,505

  • 23 · Secured mortgages and notes payable

    beginning of year $19,037,971 · end of year $19,022,963

  • 25 · Other liabilities

    beginning of year $316,243,871 · end of year $329,569,477

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $44,219,278 · end of year $50,067,789

Mission and programs · 2025

Mission

TO HELP EVERY MEMBER BE IN A BETTER FINANCIAL POSITION THAN WHEN WE MET THEM.

Activities or mission (Part I)

THE PURPOSES OF THIS CREDIT UNION ARE: TO ENCOURAGE THRIFT AMONG ITS MEMBERS; TO CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST; TO PROVIDE AN OPPORTUNITY FOR EACH OF ITS MEMBERS TO IMPROVE THE MEMBER'S RESPECTIVE ECONOMIC AND SOCIAL CONDITIONS; AND TO PERFORM THE FUNCTIONS AND EXERCISE THE POWERS DESIGNATED FOR CREDIT UNIONS UNDER APPLICABLE LAW.

  • WE FUNDED 3,337 LOANS DURING 2025. AS OF 12/31/2025 WE HAD $142,494,731 MORTGAGES/HOME EQUITY LINES, $72,576,712 CONSUMER LOANS, $23,079,991 MEMBER BUSINESS LOANS, AND $5,810,215 CREDIT CARD ACCOUNTS WITH OUR MEMBERS.

  • WE HAVE DEPOSIT, TRANSACTION, AND INVESTMENT ACCOUNTS WITH 21,687 MEMBERS AT 12/31/2025. DURING 2025, OUR DEPOSITS INCREASED BY $13,321,068.

  • FCCU IS DEDICATED TO GIVING BACK TO THE COMMUNITIES WE SERVE THROUGH SPONSORSHIPS, DONATIONS, EDUCATION, AND VOLUNTEERING.IN 2025, FCCU GAVE $100,000 IN CAPITAL CAMPAIGN DONATIONS, $45,037 IN SPONSORSHIPS, AND $10,000 IN LOCAL SCHOLARSHIPS TO HELP MEMBERS ACHIEVE THEIR EDUCATIONAL ASPIRATIONS. FCCU TEAM MEMBERS VOLUNTEERED 1,137 HOURS IN 2025 SUPPORTING 148 LOCAL ORGANIZATIONS. FCCU OFFERS A VARIETY OF FREE COMMUNITY, SCHOOL, AND WORKPLACE RESOURCES AND PRESENTATIONS ABOUT PERSONAL FINANCE, CYBERSECURITY, FRAUD, AND MORE. IN 2025, 735 STUDENTS WERE REACHED WITH 66 HOURS SPENT BY FCCU TEAM MEMBERS IN CLASSROOMS WITHIN THE COMMUNITY. FCCU ALSO PROVIDES BANZAI FINANCIAL EDUCATION TO LOCAL SCHOOL AT NO COST TO THE DISTRICT, DISTRIBUTING 460 FINANCIAL WORKBOOKS TO LOCAL SCHOOL IN 2025. SINCE BEGINNING THE PARTNERSHIP WITH BANZAI TEN YEARS AGO, FCCU HAS PAID FOR 9,940 STUDENTS TO USE THE BANZAI CURRICULUM.FCCU CONTINUED TO PARTNER WITH THE WISCONSIN CREDIT UNION LEAGUE TO HOST SEVERAL BITE OF REALITY EVENTS AT LOCAL SCHOOLS. BITE OF REALITY IS A HANDS-ON APP-BASED SIMULATION THAT APPEALS TO TEENS WHILE GIVING THEM A TASTE OF REAL-WORLD FINANCIAL REALITIES. 2025 WAS THE FIRST YEAR THE EVENT WAS HOSTED AT BOTH THE FORT ATKINSON MIDDLE SCHOOL AND HIGH SCHOOL. FCCU ALSO HOSTED THREE COMMON CENTS CAMP WORKSHOPS FOR CHILDREN IN GRADES 2-12, ENSURING THAT EVEN THE YOUNGEST LEARNERS HAVE ACCESS TO FINANCIAL EDUCATION BASICS. FCCU SEEKS OUT PROGRAMS AND OPPORTUNITIES TO PROVIDE DIRECT FINANCIAL BENEFIT TO OUR MEMBERS. IN 2025, FCCU DISTRIBUTED $450,000 TO MEMBERS THROUGH MEMBER LOYALTY CASH, THE PATRONAGE DIVIDED PROGRAM. FCCU ALSO PARTICIPATES IN HOME BUYER GRANT PROGRAMS THAT CAN PROVIDE MEMBERS WITH FUNDS TOWARDS THEIR DOWN PAYMENT. IN 2025, FCCU MEMBERS RECEIVED $50,000 IN DOWN PAYMENT ASSISTANCE.FCCU DEMONSTRATES THE CREDIT UNION DIFFERENCE AS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Philip Ristow

    CHAIR

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Ernest Witzke

    VICE CHAIR

    Total calculated
    $1,700
    From this org
    $1,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Collin W Stevens

    SECRETARY

    Total calculated
    $1,300
    From this org
    $1,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Margaret Bare

    TREASURER

    Total calculated
    $1,100
    From this org
    $1,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Kimberly Hoffmann

    DIRECTOR

    Total calculated
    $1,500
    From this org
    $1,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Rosalinda Martinez

    DIRECTOR

    Total calculated
    $1,400
    From this org
    $1,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Craig Nevermann

    DIRECTOR

    Total calculated
    $1,300
    From this org
    $1,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Susan Johnson

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $406,249
    From this org
    $329,699
    From related orgs
    $0
    Other
    $76,550
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $300,789
    Bonus
    $27,362
    Other
    $1,548
    Deferred
    $50,292
    Nontaxable benefits
    $26,258
    Filer's total
    $406,249

  • Joshuah Kline

    CHIEF FINANCIAL OFFICER

    Total calculated
    $193,474
    From this org
    $137,379
    From related orgs
    $0
    Other
    $56,095
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,741
    Bonus
    $12,485
    Other
    $153
    Deferred
    $33,987
    Nontaxable benefits
    $22,108
    Filer's total
    $193,474

  • Meghan Bernath

    CHIEF OPERATING OFFICER

    Total calculated
    $184,210
    From this org
    $136,296
    From related orgs
    $0
    Other
    $47,914
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,081
    Bonus
    $11,996
    Other
    $219
    Deferred
    $30,823
    Nontaxable benefits
    $17,091
    Filer's total
    $184,210

  • Jeffrey Scheuerell

    CHIEF EXPERIENCE OFFICER

    Total calculated
    $128,868
    From this org
    $118,827
    From related orgs
    $0
    Other
    $10,041
    Hours/week
    40

  • Kevin Paynter

    CHIEF LENDING OFFICER

    Total calculated
    $173,295
    From this org
    $115,042
    From related orgs
    $0
    Other
    $58,253
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $102,967
    Bonus
    $11,123
    Other
    $952
    Deferred
    $26,310
    Nontaxable benefits
    $31,943
    Filer's total
    $173,295

  • Robert Russell

    INTERNAL AUDITOR

    Total calculated
    $152,691
    From this org
    $106,311
    From related orgs
    $0
    Other
    $46,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $100,867
    Bonus
    $5,026
    Other
    $418
    Deferred
    $14,418
    Nontaxable benefits
    $31,962
    Filer's total
    $152,691

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 4B
THE CEO, CFO, CLO AND COO PARTICIPATE IN A 457(F) PLAN. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN 2025.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2025
Filed
28 July 2026
IRS schema version
2025v4.2
Source object
202612099349300931

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