Overview

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Est.

1935

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

SUMMIT CREDIT UNION is a Wisconsin-based cooperative, nonprofit credit union organized to encourage thrift among its members, provide credit at fair and reasonable cost, and help members improve their economic and social conditions. For filing year 2024, it reported an operating budget of $251M and total revenue of $453.9M, reflecting a large financial scale.

Mission Statement

A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED UNDER WISCONSIN STATE LAW TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.
Revenues
$453.9M
Expenses
$395.4M
Net Income:
+$58.4M
Assets
$7.5B
Liabilities
$6.8B
Net Assets:
+$683.1M
Operating Budget
$251M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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K
Keith Peterson
Board Member
D
Daniel Kaiser
Board Member
M
Mary Turke
Board Member
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  • 54 board & team members
  • 12 historic 990s & financials
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Frequently Asked Questions

What is SUMMIT CREDIT UNION’s budget?
In 2024, SUMMIT CREDIT UNION reported an annual operating budget of around $251 million. More detailed financial information is available to registered users.
What causes does SUMMIT CREDIT UNION support?
SUMMIT CREDIT UNION supports work in Law.
Where does SUMMIT CREDIT UNION operate?
SUMMIT CREDIT UNION is headquartered in Madison, WI.