Forward Financial Credit Union in Niagara, Wisconsin (WI)

Forward Financial Credit Union
Employer Identification Number (EIN)	390812058
Name of Organization	Forward Financial Credit Union
Address	PO BOX 48, Niagara, WI 54151-0048
Activities	Loans or credit reporting, Other services or benefits to members or employees, Endowment fund or financial services
Subsection	Credit Union
Ruling Date	04/1971
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Association
Tax Period	12/2012
Assets	$50,000,000 to greater
Income	$1,000,000 to $4,999,999
Filing Requirement	990 (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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Id	Name	Address	State	Established	Total Income
Other organizations in Wisconsin
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2	Fort Healthcare Partners	611 Sherman Ave E, Fort Atkinson, WI 53538-1960	WI	1966-05	$327,242
3	Fort Atkinson Wisconservation Club Inc	PO BOX 231, Fort Atkinson, WI 53538-0231	WI	1997-07	$57,979
4	Fort Community Credit Union	N2611 Wenham Rd, Fort Atkinson, WI 53538	WI	1971-04	$9,204,436
5	Fort Howard Jefferson Neighborhood	201 W Walnut St Ste 100, Green Bay, WI 54303-2793	WI	1994-09	$138,178
6	Fort Memorial Hospital Foundation Inc	611 Sherman Ave E, Fort Atkinson, WI 53538-1998	WI	1983-09	$23,887,974
7	Fort Wilderness Ministries Incorporated	PO BOX 715, Mcnaughton, WI 54543-0715	WI	1963-10	$3,174,635
8	Fortune Family Foundation Inc	2118 Waunona Way, Madison, WI 53713-1618	WI	2006-03	$168,173
9	Forum-Monroe Youth Hockey Association Inc	PO BOX 664, Monroe, WI 53566-0664	WI	1995-10	$200,465
10	Forward Emdowment Tr	PO BOX 12800, Green Bay, WI 54307-2800	WI	1997-12	$57,545
11	Forward Financial Credit Union	PO BOX 48, Niagara, WI 54151-0048	WI	1971-04	$4,515,266
12	Forward Foundation Inc	14 Jackson St, Janesville, WI 53548-3877	WI	1987-12	$69,253
13	Forward Janesville Inc	14 S Jackson St Ste 200, Janesville, WI 53548-3878	WI	1987-06	$621,072
14	Forward Observer Foundation Inc	16265 Overhill Drive, Brookfield, WI 53005	WI	2005-03	$0
15	Forward Service Corporation	4600 American Parkway No 301, Madison, WI 53718-8333	WI	1980-06	$23,623,069
16	Forward Tomah Development Inc	PO BOX 625, Tomah, WI 54660-0625	WI	1998-04	$4,947
17	Forward Wisconsin Inc	800 Main St, Pewaukee, WI 53072-4601	WI	1985-06	$8,482
18	Foster Care Youth Independence Center Of Wisconsin Inc	2437 N Holton St, Milwaukee, WI 53212-2934	WI	2004-02	$209,948
19	Foster Needle Co Inc Employee Health & Welfare Tr	PO BOX 1027, Manitowoc, WI 54221-1027	WI	1993-02	$728,945
20	Fotsch Foundation	20985 Carrington Dr, Brookfield, WI 53045-1823	WI	1968-04	$1,265,016

Affiliation	Name	Address	State	Established	Total Income
20 biggest affiliated organizations
Subordinate	University Of Wisconsin Credit Union	3500 University Ave, Madison, WI 53705-2141	WI	1971-04	$803,056,249
Subordinate	Summit Credit Union	PO BOX 8046, Madison, WI 53708-8046	WI	1971-04	$112,594,327
Subordinate	First American Credit Union	655 3rd St Ste 101, Beloit, WI 53511-6268	WI	1971-04	$109,136,095
Subordinate	Landmark Credit Union	2775 S Moorland Road, New Berlin, WI 53151-3718	WI	1971-04	$108,523,286
Subordinate	Royal Credit Union	2005 Kane Rd, Eau Claire, WI 54703	WI	1971-04	$98,044,023
Subordinate	Credit Unions In The State Of Wisconsin	1960 8th Ave Suite 140, Baldwin, WI 54002	WI	1971-04	$89,305,488
Subordinate	Educators Credit Union, Wfglsfc Wisconsin Federation Great Lakes Sport Fishing Clubs	4037 - 7th Avenue, Kenosha, WI 53140	WI	1971-04	$82,438,511
Subordinate	Community First Credit Union	PO BOX 1487, Appleton, WI 54912-1487	WI	1971-04	$80,670,416
Subordinate	Covantage Credit Union, Langlade County 4-H Dairy Committee	837 Clermont, Antigo, WI 54409	WI	1971-04	$46,752,869
Subordinate	Fox Communities Credit Union, Fcba Fox Cities Bowling Association	237 E Wilson Ave, Appleton, WI 54915	WI	1971-04	$45,791,764
Subordinate	Marine Credit Union	811 Monitor Street, La Crosse, WI 54603-3188	WI	1971-04	$35,989,610
Subordinate	Pioneer Credit Union	PO BOX 2526, Green Bay, WI 54306-2526	WI	1971-04	$33,059,041
Subordinate	Blackhawk Community Credit Union	PO BOX 5366, Janesville, WI 53547-5366	WI	1971-04	$30,748,674
Subordinate	Connexus Credit Union	PO BOX 8026, Wausau, WI 54402-8026	WI	1971-04	$23,027,296
Subordinate	Citizens First Credit Union	PO BOX 3046, Oshkosh, WI 54903-3046	WI	1971-04	$20,390,252
Subordinate	Corporate Central Credit Union	4262 S 108th St, Greenfield, WI 53228-1908	WI	1971-04	$19,084,979
Subordinate	Westby Coop Credit Union	PO BOX 70, Westby, WI 54667-0070	WI	1971-04	$18,499,917
Subordinate	Guardian Credit Union	4501 W Greenfield Ave, Milwaukee, WI 53214-5306	WI	1971-04	$18,480,230
Subordinate	Capital Credit Union	1010 Prospect St, Kimberly, WI 54136-1625	WI	1971-04	$17,828,559
Subordinate	Kohler Credit Union	850 Woodlake Rd, Kohler, WI 53044-1323	WI	1971-04	$16,373,476

Number of affiliated organizations

Wisconsin

265

Total

265

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