Forward Financial Credit Union in Niagara, Wisconsin (WI)

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Forward Financial Credit Union
Employer Identification Number (EIN)390812058
Name of OrganizationForward Financial Credit Union
AddressPO BOX 48, Niagara, WI 54151-0048
ActivitiesLoans or credit reporting, Other services or benefits to members or employees, Endowment fund or financial services
SubsectionCredit Union
Ruling Date04/1971
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Tax Period12/2012
Assets$50,000,000 to greater
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$71,406,926
Amount of Income$4,515,266
Form 990 Revenue Amount$4,402,231


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$4,402,231
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$4,397,046
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$23,220
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-18,035
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $95,000
Less: cost or other basis and sales expenses (Securities / Other)$0 / $113,035
Gain or (loss) (Securities / Other)$0 / $-18,035
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$4,256,130
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$1,173,936
Payroll taxes$99,519
Professional fundraising services$0
Other$2,982,675
Balance Sheet (for 2012)
Total assets$71,406,926
Total liabilities$63,551,104
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$63,551,104
Total net assets or fund balances$7,855,822
Retained earnings, endowment, accumulated income, or other funds$7,855,822
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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8Fortune Family Foundation Inc2118 Waunona Way, Madison, WI 53713-1618WI2006-03$168,173
9Forum-Monroe Youth Hockey Association IncPO BOX 664, Monroe, WI 53566-0664WI1995-10$200,465
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11Forward Financial Credit UnionPO BOX 48, Niagara, WI 54151-0048WI1971-04$4,515,266
12Forward Foundation Inc14 Jackson St, Janesville, WI 53548-3877WI1987-12$69,253
13Forward Janesville Inc14 S Jackson St Ste 200, Janesville, WI 53548-3878WI1987-06$621,072
14Forward Observer Foundation Inc16265 Overhill Drive, Brookfield, WI 53005WI2005-03$0
15Forward Service Corporation4600 American Parkway No 301, Madison, WI 53718-8333WI1980-06$23,623,069
16Forward Tomah Development IncPO BOX 625, Tomah, WI 54660-0625WI1998-04$4,947
17Forward Wisconsin Inc800 Main St, Pewaukee, WI 53072-4601WI1985-06$8,482
18Foster Care Youth Independence Center Of Wisconsin Inc2437 N Holton St, Milwaukee, WI 53212-2934WI2004-02$209,948
19Foster Needle Co Inc Employee Health & Welfare TrPO BOX 1027, Manitowoc, WI 54221-1027WI1993-02$728,945
20Fotsch Foundation20985 Carrington Dr, Brookfield, WI 53045-1823WI1968-04$1,265,016
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateUniversity Of Wisconsin Credit Union3500 University Ave, Madison, WI 53705-2141WI1971-04$803,056,249
SubordinateSummit Credit UnionPO BOX 8046, Madison, WI 53708-8046WI1971-04$112,594,327
SubordinateFirst American Credit Union655 3rd St Ste 101, Beloit, WI 53511-6268WI1971-04$109,136,095
SubordinateLandmark Credit Union2775 S Moorland Road, New Berlin, WI 53151-3718WI1971-04$108,523,286
SubordinateRoyal Credit Union2005 Kane Rd, Eau Claire, WI 54703WI1971-04$98,044,023
SubordinateCredit Unions In The State Of Wisconsin1960 8th Ave Suite 140, Baldwin, WI 54002WI1971-04$89,305,488
SubordinateEducators Credit Union, Wfglsfc Wisconsin Federation Great Lakes Sport Fishing Clubs4037 - 7th Avenue, Kenosha, WI 53140WI1971-04$82,438,511
SubordinateCommunity First Credit UnionPO BOX 1487, Appleton, WI 54912-1487WI1971-04$80,670,416
SubordinateCovantage Credit Union, Langlade County 4-H Dairy Committee837 Clermont, Antigo, WI 54409WI1971-04$46,752,869
SubordinateFox Communities Credit Union, Fcba Fox Cities Bowling Association237 E Wilson Ave, Appleton, WI 54915WI1971-04$45,791,764
SubordinateMarine Credit Union811 Monitor Street, La Crosse, WI 54603-3188WI1971-04$35,989,610
SubordinatePioneer Credit UnionPO BOX 2526, Green Bay, WI 54306-2526WI1971-04$33,059,041
SubordinateBlackhawk Community Credit UnionPO BOX 5366, Janesville, WI 53547-5366WI1971-04$30,748,674
SubordinateConnexus Credit UnionPO BOX 8026, Wausau, WI 54402-8026WI1971-04$23,027,296
SubordinateCitizens First Credit UnionPO BOX 3046, Oshkosh, WI 54903-3046WI1971-04$20,390,252
SubordinateCorporate Central Credit Union4262 S 108th St, Greenfield, WI 53228-1908WI1971-04$19,084,979
SubordinateWestby Coop Credit UnionPO BOX 70, Westby, WI 54667-0070WI1971-04$18,499,917
SubordinateGuardian Credit Union4501 W Greenfield Ave, Milwaukee, WI 53214-5306WI1971-04$18,480,230
SubordinateCapital Credit Union1010 Prospect St, Kimberly, WI 54136-1625WI1971-04$17,828,559
SubordinateKohler Credit Union850 Woodlake Rd, Kohler, WI 53044-1323WI1971-04$16,373,476
Number of affiliated organizations
Wisconsin265
Total265

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