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VERVE CREDIT UNION

EIN 39-0711674 OSHKOSH, WI

Browse the largest nonprofits in Wisconsin

Revenue 2024
$81,444,360
Expenses 2024
$80,634,270

As filed

Subsection
14
Street
2900 UNIVERSAL STREET

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSIT FOR AND MAKING LOANS TO MEMBERS.

Activities or mission (Part I)

A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS.

  • HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Victoria Beltran

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Michael Pollack

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Erin Winters

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kevin Bornemann

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Brian Borchardt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jacob Gosz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Adrienne Hartman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Mayhugh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christa Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Ralofsky

    PRESIDENT/CEO

    Total calculated
    $727,992
    From this org
    $678,466
    From related orgs
    $0
    Other
    $49,526
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $609,466
    Bonus
    $69,000
    Other
    $0
    Deferred
    $17,250
    Nontaxable benefits
    $32,276
    Filer's total
    $727,992
  • Glen Stiteley

    CFO

    Total calculated
    $358,391
    From this org
    $322,255
    From related orgs
    $0
    Other
    $36,136
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $291,369
    Bonus
    $30,886
    Other
    $0
    Deferred
    $14,340
    Nontaxable benefits
    $21,796
    Filer's total
    $358,391
  • Mitch Kime

    CHIEIF GROWTH OFFICER

    Total calculated
    $229,831
    From this org
    $219,947
    From related orgs
    $0
    Other
    $9,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,947
    Bonus
    $0
    Other
    $0
    Deferred
    $9,061
    Nontaxable benefits
    $823
    Filer's total
    $229,831
  • Kenneth Buksnes

    CHIEF CREDIT OFFICER

    Total calculated
    $277,971
    From this org
    $249,608
    From related orgs
    $0
    Other
    $28,363
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,483
    Bonus
    $25,125
    Other
    $0
    Deferred
    $11,275
    Nontaxable benefits
    $17,088
    Filer's total
    $277,971
  • John Hill

    VP OF BUSINESS LENDING

    Total calculated
    $282,808
    From this org
    $266,616
    From related orgs
    $0
    Other
    $16,192
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,707
    Bonus
    $6,783
    Other
    $6,126
    Deferred
    $0
    Nontaxable benefits
    $16,192
    Filer's total
    $282,808
  • Chris Butler

    REGIONAL PRESIDENT - PART YEAR

    Total calculated
    $374,936
    From this org
    $343,593
    From related orgs
    $0
    Other
    $31,343
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,472
    Bonus
    $27,121
    Other
    $0
    Deferred
    $14,255
    Nontaxable benefits
    $17,088
    Filer's total
    $374,936
  • Rema Momberg

    VP OF HUMAN RESOURCES

    Total calculated
    $206,550
    From this org
    $196,536
    From related orgs
    $0
    Other
    $10,014
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,410
    Bonus
    $19,126
    Other
    $0
    Deferred
    $8,607
    Nontaxable benefits
    $1,407
    Filer's total
    $206,550
  • Robert Ketter

    VP OF TECHNOLOGY

    Total calculated
    $196,288
    From this org
    $185,962
    From related orgs
    $0
    Other
    $10,326
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,580
    Bonus
    $11,382
    Other
    $0
    Deferred
    $8,601
    Nontaxable benefits
    $1,725
    Filer's total
    $196,288
  • Renee Maeder

    VP OF SALES & SERVICE

    Total calculated
    $179,747
    From this org
    $168,069
    From related orgs
    $0
    Other
    $11,678
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,781
    Bonus
    $15,288
    Other
    $0
    Deferred
    $7,413
    Nontaxable benefits
    $4,265
    Filer's total
    $179,747
  • Grant Wheat

    VP OF RISK MANAGEMENT

    Total calculated
    $197,983
    From this org
    $178,575
    From related orgs
    $0
    Other
    $19,408
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,396
    Bonus
    $6,179
    Other
    $0
    Deferred
    $8,740
    Nontaxable benefits
    $10,668
    Filer's total
    $197,983
  • Michael Simonds

    VP OF LOAN OPERATIONS

    Total calculated
    $181,395
    From this org
    $170,865
    From related orgs
    $0
    Other
    $10,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,802
    Bonus
    $10,063
    Other
    $0
    Deferred
    $7,935
    Nontaxable benefits
    $2,595
    Filer's total
    $181,395
  • Cari Larsen

    CONTROLLER

    Total calculated
    $174,471
    From this org
    $165,641
    From related orgs
    $0
    Other
    $8,830
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,402
    Bonus
    $8,239
    Other
    $0
    Deferred
    $7,683
    Nontaxable benefits
    $1,147
    Filer's total
    $174,471

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $81,444,360
    Expenses
    $80,634,270
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $70,136,163
    Expenses
    $71,503,542
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $63,522,788
    Expenses
    $57,220,605
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $59,889,219
    Expenses
    $51,157,036
    Assets (EOY)
    $1,476,413,333
  • 2020 · 990

    Revenue
    $63,983,551
    Expenses
    $55,053,204
    Assets (EOY)
    $1,463,248,163
  • 2019 · 990

    Revenue
    $56,591,545
    Expenses
    $48,224,837
    Assets (EOY)
    $999,667,351
  • 2018 · 990

    Revenue
    $53,021,311
    Expenses
    $43,191,885
    Assets (EOY)
    $924,232,558
  • 2017 · 990

    Revenue
    $46,989,347
    Expenses
    $37,257,008
    Assets (EOY)
    $914,348,252
  • 2015 · 990

    Revenue
    $34,029,682
    Expenses
    $28,284,401
    Assets (EOY)
    $739,642,582
  • 2013 · 990

    Revenue
    $19,903,729
    Expenses
    $16,015,873
    Assets (EOY)
    $395,227,991
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $16,802,920
    Assets (EOY)
    $370,219,827
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $18,356,552
    Assets (EOY)
    $360,195,120
  • 2010 · 990

    Revenue
    not reported
    Expenses
    $19,707,325
    Assets (EOY)
    $341,320,134

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.