Covantage Credit Union
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 OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7B
+5.3% YoY
Annual Giving
$465K
+99.4% YoY
Grant Count
11
+22.2% YoY
Avg Grant Size
$42K
+63.1% YoY
About Covantage Credit Union
Based on IRS filings
Covantage Credit Union is a nonprofit organization, based in ANTIGO, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7B in total assets. In 2024, it awarded 11 grants totaling $465K. Net investment income was $52.8M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,725,346,803 | $3,537,015,111 | $2,963,887,227 |
| Revenue | $234,381,029 | $190,206,603 | $121,730,079 |
| Expenses | $210,138,925 | $170,991,216 | $98,996,617 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $52,772,006 | $32,806,664 | $16,347,801 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Covantage Cares Foundation Inc ($350,000), Boys & Girls Club of the Fox Valley Inc ($25,000), Make-a-wish Wisconsin ($15,300).
| Recipient | Purpose | Amount |
|---|---|---|
| COVANTAGE CARES FOUNDATION INC ANTIGO, WI | GENERAL SUPPORT | $350,000 |
| BOYS & GIRLS CLUB OF THE FOX VALLEY INC NEENAH, WI | GENERAL SUPPORT | $25,000 |
| MAKE-A-WISH WISCONSIN APPLETON, WI | GENERAL SUPPORT | $15,300 |
| WISCONSIN TIMBER RATTLERS APPLETON, WI | GENERAL SUPPORT | $15,000 |
| WAUSAU EVENTS WAUSAU, WI | GENERAL SUPPORT | $12,500 |
| ST MARY CATHOLIC SCHOOLS NEENAH, WI | GENERAL SUPPORT | $10,000 |
| BOYS & GIRLS CLUB OF THE WAUSAU AREA INC WAUSAU, WI | GENERAL SUPPORT | $10,000 |
| ALZHEIMER'S ASSOCIATION WASHINGTON, DC | GENERAL SUPPORT | $8,000 |
| SHANNON MARIE AND LOUIS PORTER SMITH FOUNDATION INC OREGON, WI | GENERAL SUPPORT | $6,750 |
| WOMEN'S FUND FOR THE FOX VALLEY REGION APPLETON, WI | GENERAL SUPPORT | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DENNIS HALTINNER | CHAIR | 2 | $11,500 |
| MICHAEL WINDBERG | VICE CHAIR | 2 | $11,500 |
| WILLIS QUALHEIM | TREASURER | 2 | $11,500 |
| LEE SILER | SECRETARY | 2 | $11,500 |
| JULIE BERNDT | DIRECTOR | 2 | $11,500 |
| ANGIE CLOSE | DIRECTOR | 2 | $11,500 |
| SUSAN GITZLAFF | DIRECTOR | 2 | $11,500 |
| MATT KOLLING | DIRECTOR | 2 | $11,500 |
| PAUL PAYANT | DIRECTOR | 2 | $11,500 |
| EUGENE SHAWANO | DIRECTOR | 2 | $11,500 |
| CHARLES ZANAYED | PRESIDENT | 40 | $796,005 |
| MARY PRUNTY | CHIEF FINANCIAL OFFICER | 40 | $273,573 |
| STACY BOUCHE | CHIEF MORTGAGE LENDING OFFICER | 40 | $258,437 |
| BRETT LEE | EVP CHIEF RETAIL OFFICER | 40 | $374,272 |
| JOAN FARRELL | SVP CHIEF RISK STR PA OFFICER | 40 | $309,624 |
| SEAN VAN HANDEL | SVP CHIEF INFORMATION OFFICER | 40 | $295,994 |
| SHERRY AULIK | SPECIAL PROJECTS OFFICER | 40 | $548,074 |
| PATRICK CURRAN | VP DIGITAL SERVICES | 40 | $218,636 |
| CHERYL FANNING | SVP RETAIL SALES SRV OPS | 40 | $201,367 |
| JANEL THOUNE | SVP OF MARKETING AND MISSION | 40 | $193,517 |
| BRYAN EMERLING | SVP BUILDINGS AND MARKETS | 40 | $196,894 |
Frequently Asked Questions
How large is Covantage Credit Union?
As of 2024, Covantage Credit Union holds $3.7B in total assets with $234.4M in annual revenue. It awarded 11 grants totaling $465K in 2024.
Where does Covantage Credit Union operate?
Covantage Credit Union has awarded grants in District of Columbia, Michigan, Wisconsin.
What size grants does Covantage Credit Union award?
In 2024, Covantage Credit Union awarded 11 grants totaling $465K — an average of about $42K per grant, based on its IRS Form 990 filings.
What is Covantage Credit Union's EIN?
Covantage Credit Union's EIN (Employer Identification Number) is 39-0945701. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Covantage Credit Union's focus areas in our free grants database
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Funders that support many of the same organizations
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Vanguard Charitable Endowment Program
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Theda and Tamblin Clark Smith Family
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Oshkosh Area Community Foundation
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Abbybank Foundation Inc
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Land O'lakes Foundation
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Dudley Foundation Inc
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Baird Foundation Inc
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Myra M and Robert L Vandehey
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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