Racine Municipal Employees Credit Union in Racine, Wisconsin (WI)

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Racine Municipal Employees Credit Union
Employer Identification Number (EIN)396049917
Name of OrganizationRacine Municipal Employees Credit Union
In Care of NameJames M Yoghourtjian
Address1907 Lathrop Ave, Racine, WI 53405-3706
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$10,000,000 to $49,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$12,696,668
Amount of Income$564,428
Form 990 Revenue Amount$564,428


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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?No
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$564,428
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$508,702
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$52,686
Income from investment of tax-exempt bond proceeds$0
Royalties$2,414
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$626
Statement of Functional Expenses (for 2012)
Total functional expenses$502,699
Compensation of current officers, directors, trustees, and key employees$57,335
Other salaries and wages$132,676
Payroll taxes$17,455
Professional fundraising services$0
Other$295,233
Balance Sheet (for 2012)
Total assets$12,696,668
Total liabilities$10,771,659
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$10,771,659
Total net assets or fund balances$1,925,009
Retained earnings, endowment, accumulated income, or other funds$1,925,009
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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Other organizations in Wisconsin
IdNameAddressStateEstablishedTotal Income
1Racine Founders Club Rotary Foundation Inc6855 Mariner Dr, Racine, WI 53406-3936WI1990-09$74,349
2Racine Friendship Clubhouse Inc2000 17th St, Racine, WI 53403-2108WI1991-12$172,859
3Racine Gladiators Youth Football Organization Inc4400 Kings Cove Rd, Racine, WI 53406-1002WI2008-10$49,586
4Racine Housing And Neighborhood Partnership Inc1442 N Memorial Dr, Racine, WI 53404WI1999-06$195,898
5Racine Interfaith Coalation Inc2302a De Koven Ave, Racine, WI 53403-2404WI1995-02$111,220
6Racine Kenosha Builders Association IncPO BOX 706, Sturtevant, WI 53177-0706WI1997-08$118,392
7Racine Kiwanis Youth Symphony725 Lake Avenue, Racine, WI 53403WI1993-09$0
8Racine Literacy Council Inc734 Lake Ave, Racine, WI 53403-1208WI1976-06$262,142
9Racine Montessori Society Inc2317 Howe St, Mt Pleasant, WI 53403-3328WI1965-09$938,678
10Racine Moose Lodge No 4375530 Middle Rd, Racine, WI 53402-1726WI1935-08$390,378
11Racine Municipal Employees Credit Union1907 Lathrop Ave, Racine, WI 53405-3706WI1971-04$564,428
12Racine Mutual Housing Association Inc822 Park Ave 1, Racine, WI 53403-1465WI1988-03$120,016
13Racine Neighborhood Watch Inc800 Center St Rm 316, Racine, WI 53403-1481WI1985-04$236,398
14Racine Police Association Inc730 Center St, Racine, WI 53403-1134WI1989-06$242,482
15Racine Police Credit Union730 Center St, Racine, WI 53403-1134WI1971-04$69,144
16Racine Public Library Foundation Inc75 7th Street, Racine, WI 53403WI2005-08$99,044
17Racine Rotary Foundation Inc3633 N Bay Dr, Racine, WI 53402-3625WI1976-07$84,894
18Racine Soccer Club Milwaukee Metro Inc, Racine Soccer Club4605 Ridgeway Ave, Racine, WI 53405WI1992-05$0
19Racine Society For Christian Instruction912 Virginia St, Racine, WI 53405-2258WI1950-11$807,457
20Racine Spartans Soccer Club446 Cramford Dr, Racine, WI 53402-2218WI2007-03$8,893
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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