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Lakewood 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Organization summary might be incomplete or out of date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.

Summary charts: organization finances over time

Revenue
$699k (2024)

Expenses
$768k (2024)

Total Assets
$13.5M (2024)

Total Liabilities
$11.7M (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$698,938
Expenses
$768,084
Net Income
-$69,146
Net Assets
$1,752,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,890
1.3%
Program Services $521,366
74.6%
Investment Income $170,218
24.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,536
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $114,437
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $153,001
19.9%
Assets/Debt
Total Assets $13,473,280
Total Liabilities $11,720,713
Net Assets $1,752,567
Compensation
Key Employees and Officers Compensation Related Other
Amy Ketterhagen (Coo) $55,875 $0 $7,046
Jonathan Roepke (Ceo) $55,142 $0 $12,548
Glen Harder (Chair) $590 $0 $0
Tammy Mann (Director) $590 $0 $0
William Schreiner (Treasurer) $550 $0 $0
Beverly Tesch (Director/Int) $550 $0 $0
Dawn Thums (Secretary) $550 $0 $0
Mary Kauer (Director) $540 $0 $0
Butch Wiegel (Vice Chair) $50 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$621,308
Expenses
$581,172
Net Income
$40,136
Net Assets
$1,821,713
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $395,017
63.6%
Investment Income $226,291
36.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $108,345
18.6%
Professional Fundraising Fees $0
Other Salaries and Wages $119,201
20.5%
Assets/Debt
Total Assets $13,595,692
Total Liabilities $11,773,979
Net Assets $1,821,713
Compensation
Key Employees and Officers Compensation Related Other
Jonathan Roepke (Ceo) $55,503 $0 $5,548
Amy Ketterhagen (Coo) $49,132 $0 $11,210
Beverly Tesch (Director/Int) $950 $0 $0
Mary Kauer (Director) $590 $0 $0
Glen Harder (Chair) $580 $0 $0
Dawn Thums (Secretary) $550 $0 $0
Tammy Mann (Vice Chair) $540 $0 $0
William Schreiner (Treasurer) $500 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$437,438
Expenses
$426,082
Net Income
$11,356
Net Assets
$1,781,576
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $307,728
70.3%
Investment Income $121,358
27.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,352
1.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $74,546
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $110,077
25.8%
Assets/Debt
Total Assets $15,366,093
Total Liabilities $13,584,517
Net Assets $1,781,576
Compensation
Key Employees and Officers Compensation Related Other
Amy Ketterhagen (President) $46,406 $0 $805
Jonathan Roepke (Vice Preside) $24,450 $0 $201
Beverly Tesch (Director/Int) $1,150 $0 $0
Glen Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $550 $0 $0
Tammy Mann (Vice Chair) $550 $0 $0
William Schreiner (Treasurer) $500 $0 $0
Dawn Thums (Secretary) $350 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$347,734
Expenses
$371,524
Net Income
-$23,790
Net Assets
$1,770,220
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,814
1.4%
Program Services $272,200
78.3%
Investment Income $70,943
20.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$223
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,846
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $95,091
25.6%
Assets/Debt
Total Assets $14,803,585
Total Liabilities $13,033,365
Net Assets $1,770,220
Compensation
Key Employees and Officers Compensation Related Other
Amy Ketterhagen (President) $42,006 $0 $639
Beverly Tesch (Director) $1,150 $0 $0
Glen Harder (Chair) $590 $0 $0
Mary Kauer (Director) $550 $0 $0
Tammy Mann (Director) $550 $0 $0
William Schreiner (Treasurer) $500 $0 $0
Dawn Thums (Secretary) $350 $0 $0
Herbert Schubert (Vice Chair) $150 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$384,005
Expenses
$406,678
Net Income
-$22,673
Net Assets
$1,794,010
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,500
0.7%
Program Services $270,302
70.4%
Investment Income $111,237
29.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$34
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,250
12.1%
Professional Fundraising Fees $0
Other Salaries and Wages $102,976
25.3%
Assets/Debt
Total Assets $12,156,334
Total Liabilities $10,362,324
Net Assets $1,794,010
Compensation
Key Employees and Officers Compensation Related Other
Amy Ketterhagen (President) $45,250 $0 $639
Beverly Tesch (Director) $1,200 $0 $0
Glen Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $590 $0 $0
William Schreiner (Treasurer) $590 $0 $0
Tammy Mann (Director) $580 $0 $0
Herbert Schubert (Vice Chair) $450 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$385,502
Expenses
$375,872
Net Income
$9,630
Net Assets
$1,816,683
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,000
1.6%
Program Services $241,629
62.7%
Investment Income $137,863
35.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $47,978
12.8%
Professional Fundraising Fees $0
Other Salaries and Wages $116,376
31.0%
Assets/Debt
Total Assets $10,883,916
Total Liabilities $9,067,233
Net Assets $1,816,683
Compensation
Key Employees and Officers Compensation Related Other
Amy Ketterhagen (President) $44,198 $0 $900
Beverly Tesch (Director) $1,050 $0 $0
Glen Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $590 $0 $0
William Schreiner (Treasurer) $550 $0 $0
Tammy Mann (Director) $550 $0 $0
Herbert Schubert (Vice Chair) $450 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$385,633
Expenses
$333,950
Net Income
$51,683
Net Assets
$1,807,053
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $254,065
65.9%
Investment Income $123,601
32.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,967
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $55,168
16.5%
Professional Fundraising Fees $0
Other Salaries and Wages $115,822
34.7%
Assets/Debt
Total Assets $11,027,045
Total Liabilities $9,219,992
Net Assets $1,807,053
Compensation
Key Employees and Officers Compensation Related Other
Margaret Ziembo (Pres Thru No) $41,713 $0 $1,274
Amy Ketterhagen (Pres As Of D) $10,175 $0 $0
Glen Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $590 $0 $0
William Schreiner (Treasurer) $550 $0 $0
Beverly Tesch (Director) $550 $0 $0
Tammy Mann (Director) $550 $0 $0
Herbert Schubert (Vice Chair) $450 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$365,079
Expenses
$321,170
Net Income
$43,909
Net Assets
$1,755,370
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $260,419
71.3%
Investment Income $104,660
28.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $52,260
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $112,396
35.0%
Assets/Debt
Total Assets $11,646,762
Total Liabilities $9,891,392
Net Assets $1,755,370
Compensation
Key Employees and Officers Compensation Related Other
Margaret Ziembo (President Director) $49,100 $0 $1,500
Glenn Harder (Chair) $590 $0 $0
Tammy Mann (Director) $590 $0 $0
Beverly Tesch (Director) $550 $0 $0
Mary Kauer (Secretary) $540 $0 $0
William Schreiner (Treasurer) $450 $0 $0
Herbert Schubert (Vice Chair) $440 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$362,789
Expenses
$304,609
Net Income
$58,180
Net Assets
$1,711,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $261,318
72.0%
Investment Income $101,471
28.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,860
16.7%
Professional Fundraising Fees $0
Other Salaries and Wages $99,420
32.6%
Assets/Debt
Total Assets $12,176,176
Total Liabilities $10,464,715
Net Assets $1,711,461
Compensation
Key Employees and Officers Compensation Related Other
Margaret Ziembo (President Director) $47,600 $0 $1,445
Glenn Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $580 $0 $0
Beverly Tesch (Director) $550 $0 $0
Tammy Mann (Director) $550 $0 $0
William Schreiner (Treasurer) $540 $0 $0
Herbert Schubert (Vice Chair) $450 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$350,652
Expenses
$305,916
Net Income
$44,736
Net Assets
$1,653,281
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $265,022
75.6%
Investment Income $85,630
24.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,410
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $98,134
32.1%
Assets/Debt
Total Assets $12,247,352
Total Liabilities $10,594,071
Net Assets $1,653,281
Compensation
Key Employees and Officers Compensation Related Other
Margaret Ziembo (President Director) $46,090 $0 $1,413
Beverly Tesch (Director) $590 $0 $0
Glenn Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $590 $0 $0
William Schreiner (Treasurer) $550 $0 $0
Tammy Mann (Director) $550 $0 $0
Herbert Schubert (Vice Chair) $450 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,733
Expenses
$323,057
Net Income
$18,676
Net Assets
$1,608,545
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $257,252
75.3%
Investment Income $84,481
24.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $48,340
15.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,289,421
Total Liabilities $9,680,876
Net Assets $1,608,545
Compensation
Key Employees and Officers Compensation Related Other
Margaret Ziembo (President Director) $45,090 $0 $1,402
Beverly Tesch (Director) $590 $0 $0
Glenn Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $590 $0 $0
Tammy Mann (Director) $540 $0 $0
Herbert Schubert (Vice Chair) $500 $0 $0
William Schreiner (Treasurer) $440 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$354,258
Expenses
$335,347
Net Income
$18,911
Net Assets
$1,589,869
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $260,653
73.6%
Investment Income $93,605
26.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $47,532
14.2%
Professional Fundraising Fees $0
Other Salaries and Wages $90,925
27.1%
Assets/Debt
Total Assets $11,536,089
Total Liabilities $9,946,220
Net Assets $1,589,869
Compensation
Key Employees and Officers Compensation Related Other
Margaret Ziembo (President Director) $44,282 $0 $1,373
Beverly Tesch (Director) $590 $0 $0
Glenn Harder (Chair) $590 $0 $0
Mary Kauer (Secretary) $590 $0 $0
Tammy Mann (Director) $540 $0 $0
Herbert Schubert (Vice Chair) $500 $0 $0
William Schreiner (Treasurer) $440 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$399,457
Expenses
$347,743
Net Income
$51,714
Net Assets
$1,570,958
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $269,394
67.4%
Investment Income $135,030
33.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,967
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $46,423
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $85,415
24.6%
Assets/Debt
Total Assets $10,773,329
Total Liabilities $9,202,371
Net Assets $1,570,958

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$388,520
Expenses
$377,829
Net Income
$10,691
Net Assets
$1,519,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $270,026
69.5%
Investment Income $118,126
30.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,914
Net Inventory Sales $0
Other Revenue $4,282
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $45,088
11.9%
Professional Fundraising Fees $0
Other Salaries and Wages $83,038
22.0%
Assets/Debt
Total Assets $10,352,155
Total Liabilities $8,832,911
Net Assets $1,519,244

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

What Is 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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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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