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Shoreline Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$6.64M (2023)

Expenses
$6.33M (2023)

Total Assets
$127M (2023)

Total Liabilities
$118M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,642,627
Expenses
$6,329,038
Net Income
$313,589
Net Assets
$9,645,918
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,007,339
75.4%
Investment Income $696,037
10.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $110,026
1.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $829,225
12.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $601,955
9.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,557,223
24.6%
Assets/Debt
Total Assets $127,160,692
Total Liabilities $117,514,774
Net Assets $9,645,918
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nathan Grossenbach (President/Ceo) $303,792 $0 $59,276
Steven Haensgen (Cfo/Evp) $111,499 $0 $28,704
Lisa Sment (Coo) $84,895 $0 $13,789
Gretchen Bauknecht Pech (Chairperson) $0 $0 $0
Colleen Inman (Vice Chair) $0 $0 $0
Sharon Tome (Secretary) $0 $0 $0
James Pfieffer (Board Member) $0 $0 $0
Brian Powell (Treasurer) $0 $0 $0
Jason Ring (Board Member) $0 $0 $0
Luann Helgeson (Board Member) $0 $0 $0
Stephan Kanter (Board Member) $0 $0 $0
Julie Vogel (Board Member) $0 $0 $0
Chad Schwoerer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,354,568
Expenses
$4,937,168
Net Income
$417,400
Net Assets
$8,969,417
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,845,370
71.8%
Investment Income $508,489
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $107,981
2.0%
Net Fundraising $0
Sales of Assets -$7,009
Net Inventory Sales $0
Other Revenue $899,737
16.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $431,880
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,665,248
33.7%
Assets/Debt
Total Assets $128,218,920
Total Liabilities $119,249,503
Net Assets $8,969,417
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nathan Grossenbach (President/Ceo) $157,317 $0 $70,418
Steven Haensgen (Cfo/Evp) $88,962 $0 $11,842
Lisa Sment (Coo) $78,291 $0 $25,050
Gretchen Bauknecht Pech (Chairperson) $0 $0 $0
Colleen Inman (Vice Chair) $0 $0 $0
Chad Schwoerer (Treasurer) $0 $0 $0
Julie Vogel (Secretary) $0 $0 $0
Sharon Tome (Board Member) $0 $0 $0
James Pfieffer (Board Member) $0 $0 $0
Brian Powell (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,937,848
Expenses
$4,326,202
Net Income
$611,646
Net Assets
$9,671,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,334,649
87.8%
Investment Income $479,155
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $121,475
2.5%
Net Fundraising $0
Sales of Assets -$2,496
Net Inventory Sales $0
Other Revenue $5,065
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $340,679
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,456,972
33.7%
Assets/Debt
Total Assets $123,040,300
Total Liabilities $113,368,823
Net Assets $9,671,477
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nathan Grossenbach (Ceo) $153,803 $0 $53,402
Andrea Schmidt (Re & Mbl Manager) $103,224 $0 $4,148
Steven Haensgen (Cfo/Evp) $83,652 $0 $11,105
Sharon Tome (Director) $0 $0 $0
Julie Vogel (Secretary) $0 $0 $0
Gretchen Bauknecht Pech (Chairperson) $0 $0 $0
Chad Schwoerer (Treasurer) $0 $0 $0
Colleen Inman (Vice Chair) $0 $0 $0
Brian Powell (Director) $0 $0 $0
James Pfieffer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,570,508
Expenses
$4,409,164
Net Income
$161,344
Net Assets
$9,759,343
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,872,260
84.7%
Investment Income $0
Bond Proceeds $626,840
13.7%
Royalties $0
Rental Property Income $50,257
1.1%
Net Fundraising $0
Sales of Assets $9,364
0.2%
Net Inventory Sales $0
Other Revenue $11,787
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $316,140
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,407,281
31.9%
Assets/Debt
Total Assets $112,157,705
Total Liabilities $102,398,362
Net Assets $9,759,343
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nathan Grossenbach (Ceo) $135,415 $0 $32,835
Andrea Schmitt (Re & Mbl Manager) $103,402 $0 $0
Steven Haensgen (Cfo/Vp) $77,323 $0 $6,842
Sharon Tome (Director) $0 $0 $0
Julie Vogel (Secretary) $0 $0 $0
Gretchen Bauknecht Pech (Chairperson) $0 $0 $0
Chad Schwoerer (Treasurer) $0 $0 $0
Colleen Inman (Vice Chair) $0 $0 $0
Brian Powell (Board Member) $0 $0 $0
James Pfiefer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,457,929
Expenses
$4,918,317
Net Income
-$460,388
Net Assets
$9,055,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,774,187
84.7%
Investment Income $0
Bond Proceeds $699,562
15.7%
Royalties $0
Rental Property Income $88,833
2.0%
Net Fundraising $0
Sales of Assets -$132,740
Net Inventory Sales $0
Other Revenue $28,087
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $319,284
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,291,073
26.3%
Assets/Debt
Total Assets $93,019,159
Total Liabilities $83,963,801
Net Assets $9,055,358
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nathan Grossenbach (Ceo) $140,603 $0 $14,750
Kal Kerlin (Clo) $101,472 $0 $2,867
Steven Haensgen (Cfo) $77,209 $0 $0
Sharon Tome (Director) $0 $0 $0
Julie Vogel (Secretary) $0 $0 $0
Gretchen Bauknecht Pech (Chairperson) $0 $0 $0
Chad Schwoerer (Treasurer) $0 $0 $0
Colleen Inman (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,618,899
Expenses
$4,501,813
Net Income
$117,086
Net Assets
$9,283,105
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,912,806
84.7%
Investment Income $534,242
11.6%
Bond Proceeds $0
Royalties $7,198
0.2%
Rental Property Income $87,641
1.9%
Net Fundraising $0
Sales of Assets $7,456
0.2%
Net Inventory Sales $0
Other Revenue $69,556
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $272,832
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,187,871
26.4%
Assets/Debt
Total Assets $92,090,403
Total Liabilities $82,807,298
Net Assets $9,283,105
Compensation
Key Employees and Officers Compensation Related Other
Nathan Grossenbach (Ceocfo) $152,333 $0 $16,848
Kal Kerlin (Clo) $101,949 $0 $8,063
Keith Lyons (Coo) $18,550 $0 $879
Gretchen Bauknecht Peck (Chairperson) $0 $0 $0
Maurice Jones (Director) $0 $0 $0
Ryan Kauth (Vice Chair) $0 $0 $0
Colleen Inman (Secretary) $0 $0 $0
Chad Schwoerer (Treasurer) $0 $0 $0
Julie Vogel (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,416,139
Expenses
$4,345,128
Net Income
$71,011
Net Assets
$9,310,409
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,882,632
87.9%
Investment Income $391,150
8.9%
Bond Proceeds $0
Royalties $7,296
0.2%
Rental Property Income $78,594
1.8%
Net Fundraising $0
Sales of Assets $56,467
1.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $380,224
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,183,829
27.2%
Assets/Debt
Total Assets $96,490,631
Total Liabilities $87,180,222
Net Assets $9,310,409
Compensation
Key Employees and Officers Compensation Related Other
Nathan Grossenbach (Cfo) $117,147 $0 $8,655
Keith Lyons (Coo) $96,294 $0 $0
Kal Kerlin (Clo) $92,239 $0 $7,522
Sharon Tome (Ceo To 63017) $74,544 $0 $2,069
Travis Glandt (Chair To 041917) $0 $0 $0
Gretchen Bauknecht (Vice Chair To 419 Chair Afte) $0 $0 $0
Maurice Jones (Director) $0 $0 $0
Ryan Kauth (Treasurer To 419 Vice Chair) $0 $0 $0
Colleen Inman (Secretary) $0 $0 $0
Chad Schwoerer (Treasurer After 41917) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,248,441
Expenses
$4,163,199
Net Income
$85,242
Net Assets
$9,314,075
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,963,252
93.3%
Investment Income $209,750
4.9%
Bond Proceeds $0
Royalties $6,578
0.2%
Rental Property Income $82,307
1.9%
Net Fundraising $0
Sales of Assets -$13,446
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $546,899
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $853,166
20.5%
Assets/Debt
Total Assets $89,833,543
Total Liabilities $80,519,468
Net Assets $9,314,075
Compensation
Key Employees and Officers Compensation Related Other
Sharon Tome (Ceocoo) $205,502 $0 $9,628
Scott Willmott (Ceo) $100,730 $0 $17,416
Keith Lyons (Cio) $88,078 $0 $4,364
Nathan Grossenbach (Cfo) $78,454 $0 $10,914
Kal Kerlin (Clo) $74,135 $0 $11,208
Travis Glandt (Chairman) $0 $0 $0
Gretchen Bauknecht (Vice Chair) $0 $0 $0
M Jones (Director) $0 $0 $0
Ryan Kauth (Treasurer) $0 $0 $0
Colleen Inman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,186,414
Expenses
$3,921,586
Net Income
$264,828
Net Assets
$9,385,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,975,064
95.0%
Investment Income $296,986
7.1%
Bond Proceeds $0
Royalties $6,194
0.1%
Rental Property Income $77,663
1.9%
Net Fundraising $0
Sales of Assets -$26,739
Net Inventory Sales $0
Other Revenue -$142,754
Notable Expenses Percent of Total Expenses
Executive Compensation $507,636
12.9%
Professional Fundraising Fees $0
Other Salaries and Wages $884,600
22.6%
Assets/Debt
Total Assets $91,877,742
Total Liabilities $82,491,997
Net Assets $9,385,745
Compensation
Key Employees and Officers Compensation Related Other
Scott Willmott (Ceo Director) $158,816 $0 $23,509
Sharon Tome (Coo) $95,846 $0 $9,007
Keith Lyons (Cio) $90,921 $0 $4,087
Nathan Grossenbach (Cfo) $83,707 $0 $7,724
Kal Kerlin (Clo) $78,346 $0 $10,268
Peggy Kadow (Director) $0 $0 $0
Travis Glandt (Chairman) $0 $0 $0
Gretchen Bauknecht (Vice Chair) $0 $0 $0
M Jones (Director) $0 $0 $0
Ryan Kauth (Treasurer) $0 $0 $0
Colleen Inman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,363,258
Expenses
$2,520,346
Net Income
$1,842,912
Net Assets
$9,225,868
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,088,571
93.7%
Investment Income $135,494
3.1%
Bond Proceeds $0
Royalties $8,635
0.2%
Rental Property Income $84,021
1.9%
Net Fundraising $0
Sales of Assets -$1,453,463
Net Inventory Sales $0
Other Revenue $1,500,000
34.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $446,078
17.7%
Professional Fundraising Fees $0
Other Salaries and Wages $931,919
37.0%
Assets/Debt
Total Assets $96,479,060
Total Liabilities $87,253,192
Net Assets $9,225,868
Compensation
Key Employees and Officers Compensation Related Other
Scott Willmott (Ceo Director) $153,394 $0 $19,105
Sharon Tome (Coo) $89,374 $0 $6,175
Keith Lyons (Cio) $85,000 $0 $896
Nathan Grossenbach (Cfo) $64,342 $0 $4,804
Kal Kerlin (Clo) $53,968 $0 $5,524
Richard Kornely (Vice Chair) $0 $0 $0
Peggy Kadow (Secretary) $0 $0 $0
Travis Glandt (Chairman) $0 $0 $0
Gretchen Bauknecht (Treasurer Vice Chair) $0 $0 $0
Pam Wargin (Director) $0 $0 $0
Ravin Rajan (Director) $0 $0 $0
R Kauth (Treasurer) $0 $0 $0
Colleen Inman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,937,675
Expenses
$7,746,624
Net Income
-$1,808,949
Net Assets
$7,365,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,969,691
83.7%
Investment Income $23,166
0.4%
Bond Proceeds $0
Royalties $11,820
0.2%
Rental Property Income $137,391
2.3%
Net Fundraising $0
Sales of Assets $849,709
14.3%
Net Inventory Sales $0
Other Revenue -$54,102
Notable Expenses Percent of Total Expenses
Executive Compensation $148,719
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,002,518
12.9%
Assets/Debt
Total Assets $98,909,068
Total Liabilities $91,543,530
Net Assets $7,365,538
Compensation
Key Employees and Officers Compensation Related Other
Sharon Tome (Coo) $87,462 $0 $3,545
Scott Willmott (Cfo Director) $37,500 $0 $4,429
Nathan Grossenbach (Accounting Mgr) $13,850 $0 $84
Keith Lyons (Cio) $9,908 $0 $134
Richard Kornely (Vice Chair) $0 $0 $0
Peggy Kadow (Secretary) $0 $0 $0
Travis Glandt (Chairman) $0 $0 $0
Gretchen Bauknecht (Treasurer) $0 $0 $0
Pam Wargin (Director) $0 $0 $0
Ravin Rajan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,662,955
Expenses
$7,402,882
Net Income
-$1,739,927
Net Assets
$8,798,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,854,997
> 100%
Investment Income -$51,671
Bond Proceeds $0
Royalties $9,892
0.2%
Rental Property Income $131,217
2.3%
Net Fundraising $0
Sales of Assets -$315,377
Net Inventory Sales $0
Other Revenue $33,897
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $206,712
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $933,889
12.6%
Assets/Debt
Total Assets $113,474,903
Total Liabilities $104,676,238
Net Assets $8,798,665

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,417,691
Expenses
$5,810,507
Net Income
$607,184
Net Assets
$10,536,940
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,211,893
96.8%
Investment Income $23,652
0.4%
Bond Proceeds $0
Royalties $7,859
0.1%
Rental Property Income $126,912
2.0%
Net Fundraising $0
Sales of Assets -$76,505
Net Inventory Sales $0
Other Revenue $123,880
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $286,354
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $936,146
16.1%
Assets/Debt
Total Assets $112,856,048
Total Liabilities $102,319,108
Net Assets $10,536,940

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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