Overview

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Est.

1935

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

SUMMIT CREDIT UNION is a nonprofit cooperative organization based in Wisconsin, dedicated to encouraging thrift among its members, providing access to fair and reasonable credit, and improving their economic and social conditions. With an operating budget of $251 million and total revenue of $453.9 million for the 2024 filing year, the organization plays a significant role in the financial well-being of its community. SUMMIT CREDIT UNION does not rely on a single funder for 50% or more of its revenue. For more information, visit www.summitcreditunion.com.

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

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.