Totals
- Total revenue
- $16,891,064
- Total expenses
- $14,142,164
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $15,309,078
- Investment income
- $1,581,986
- Other revenue
- $0
- Total assets, end of year
- $288,595,168
- Total liabilities, end of year
- $267,909,365
- Net assets or fund balances, end of year
- $20,685,803
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $0
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: Loan Interest
total $9,566,636 · related or exempt $9,566,636
-
2b · Program service revenue: Fee Income
total $3,366,112 · related or exempt $3,202,796 · unrelated business $163,316
-
2c · Program service revenue: Other Operating Income
total $2,376,330 · related or exempt $2,308,520 · unrelated business $67,810
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $1,511,692 · excluded $1,511,692
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
other assets $80,036
-
7b · Less cost or other basis and sales expenses
other assets $9,742
-
7c · Gain or loss
securities $0 · other assets $70,294
-
7d · Net gain or loss
total $70,294 · excluded $70,294
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $1,003,134
-
5 · Compensation of officers, directors and key employees
total $288,976
-
7 · Other salaries and wages
total $4,798,794
-
8 · Pension plan contributions
total $97,788
-
9 · Other employee benefits
total $879,539
-
10 · Payroll taxes
total $377,361
-
11b · Fees: legal
total $18,686
-
11c · Fees: accounting
total $54,600
-
11g · Fees: other
total $287,648
-
12 · Advertising and promotion
total $98,337
-
13 · Office expenses
total $2,230,520
-
16 · Occupancy
total $664,983
-
17 · Travel
total $40,704
-
22 · Depreciation, depletion and amortization
total $776,626
-
23 · Insurance
total $40,810
-
24a · Other expenses: Provision for Loan Losses
total $1,044,435
-
24b · Other expenses: Loan Servicing
total $757,938
-
24c · Other expenses: Education/Promotional Expense
total $253,367
-
24d · Other expenses: Bank Service Charges
total $187,356
-
24e · All other expenses
total $240,562
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,797,396 · end of year $13,416,540
-
2 · Savings and temporary cash investments
beginning of year $16,105,000 · end of year $13,711,000
-
5 · Loans and receivables from officers and key people
beginning of year $407,156 · end of year $189,132
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $196,307,881 · end of year $183,221,233
-
9 · Prepaid expenses and deferred charges
beginning of year $1,322,950 · end of year $1,224,168
-
10a · Land, buildings and equipment: cost or other basis
$22,652,338
-
10b · Land, buildings and equipment: accumulated depreciation
$12,726,820
-
10c · Land, buildings and equipment, net
beginning of year $9,895,178 · end of year $9,925,518
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $61,331,817 · end of year $57,515,801
-
15 · Other assets
beginning of year $9,964,243 · end of year $9,391,776
-
17 · Accounts payable and accrued expenses
beginning of year $1,372,071 · end of year $1,477,750
-
19 · Deferred revenue
beginning of year $147,898 · end of year $237,500
-
21 · Escrow or custodial account liability
beginning of year $28,556 · end of year $275,744
-
22 · Loans and payables to officers and key people
beginning of year $129,760 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $6,848,917 · end of year $6,867,417
-
25 · Other liabilities
beginning of year $272,107,908 · end of year $259,050,954
-
31 · Retained earnings, endowment or other funds
beginning of year $18,496,511 · end of year $20,685,803
Mission and programs · 2023
Mission
GUARDIAN CREDIT UNION IS A NOT-FOR-PROFIT MEMBER OWNED FINANCIAL COOPERATIVE DEDICATED TO BEING THE MEMBER'S PRIMARY FINANCIAL INSTITUTION BY PROVIDING SUPERIOR, COMPREHENSIVE, COURTEOUS AND PROMPT SERVICES.
Activities or mission (Part I)
GUARDIAN CREDIT UNION IS A NOT-FOR-PROFIT MEMBER OWNED FINANCIAL COOPERATIVE DEDICATED TO BEING THE MEMBER'S PRIMARY FINANCIAL INSTITUTION BY PROVIDING SUPERIOR SERVICES.
-
GUARDIAN CREDIT UNION IS THE LARGEST FULL-SERVICE CREDIT UNION HEADQUARTERED IN MILWAUKEE, WISCONSIN WITH $289 MILLION IN ASSETS PROVIDING SAVINGS AND LENDING SERVICES TO OVER 27,631 MEMBERS WORKING AND LIVING IN SOUTHEAST WISCONSIN.
-
WE HAVE OVER $184.7 MILLION IN CONSUMER LOANS OUTSTANDING. IN ADDITION, WE SERVICE OVER $208.8 MILLION IN 1ST MORTGAGE LOANS INCLUDING $1.4 MILLION IN COMMERCIAL REAL ESTATE LOANS.
-
WE HAVE TOTAL DEPOSITS IN EXCESS OF $259.5 MILLION INCLUDING REGULAR SAVINGS, CHECKING, CERTIFICATES OF DEPOSIT, IRA'S, HEALTH SAVINGS ACCOUNTS, CHRISTMAS CLUB AND YOUTH SAVINGS ACCOUNTS. 14,499 OF OUR MEMBERS HAVE A CHECKING ACCOUNT WITH US WHICH IS 52.5% OF OUR TOTAL MEMBERSHIP. MANY OF OUR CHECKING ACCOUNT MEMBERS USE DIRECT DEPOSIT AND OTHER ELECTRONIC DELIVERY CHANNELS SUCH AS INTERNET BANKING AND BILL PAYMENT.
As filed on the 2023 return.
Listed in Part VII
-
Douglas MillerDOUGLAS MILLER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John BosbousJOHN BOSBOUS
BOARD VICECHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Robert JelinekROBERT JELINEK
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Darci MiddaughDARCI MIDDAUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David RankDAVID RANK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Philip BauerPHILIP BAUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rose BartkowiakROSE BARTKOWIAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin NitkaKEVIN NITKA
CEO/BOARD TREASURER
- Total calculated
- $288,976
- From this org
- $265,226
- From related orgs
- $0
- Other
- $23,750
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $259,226
- Bonus
- $6,000
- Other
- $0
- Deferred
- $7,957
- Nontaxable benefits
- $15,793
- Filer's total
- $288,976
-
David ZwaskaDAVID ZWASKA
CHIEF CREDIT OFFICER
- Total calculated
- $152,531
- From this org
- $134,271
- From related orgs
- $0
- Other
- $18,260
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,021
- Bonus
- $9,250
- Other
- $0
- Deferred
- $3,276
- Nontaxable benefits
- $14,984
- Filer's total
- $152,531
-
James ChudyJAMES CHUDY
CHIEF ACCOUNTING OFFICER
- Total calculated
- $143,788
- From this org
- $131,865
- From related orgs
- $0
- Other
- $11,923
- Hours/week
- 40
-
Kevin CorreaKEVIN CORREA
CHIEF ADMINISTRATION OFFICER
- Total calculated
- $145,783
- From this org
- $133,393
- From related orgs
- $0
- Other
- $12,390
- Hours/week
- 40
-
Nathanael TullisNATHANAEL TULLIS
VP OF INFORMATION TECHNOLOGY
- Total calculated
- $133,353
- From this org
- $108,657
- From related orgs
- $0
- Other
- $24,696
- Hours/week
- 40
-
Steven HeidererSTEVEN HEIDERER
SENIOR VICE PRESIDENT
- Total calculated
- $171,453
- From this org
- $143,598
- From related orgs
- $0
- Other
- $27,855
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,598
- Bonus
- $5,000
- Other
- $0
- Deferred
- $4,308
- Nontaxable benefits
- $23,547
- Filer's total
- $171,453
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
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
GUARDIAN TAX SERVICES LLC
TAX PREPARATION · WI · income $36,916 · assets $183,668
Directly controlled by Guardian Credit Union
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423189349309837
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.