Covantage Credit Union logo

Covantage Credit Union

ANTIGO, WI EIN: 39-0945701 Website

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.

Ready to take the next step with Covantage Credit Union?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ANTIGOAPPLETONHANCOCKMARQUETTEMENASHANEENAHOCONTOOREGONOSHKOSHRHINELANDERSCHOFIELDSHAWANOSTEVENS POINTWASHINGTONWAUSAUWAUWATOSAWISCONSIN RAPIDS

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$64M$129M$193M$258M20202021202220232024
Metric202420232022
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

$0$197K$393K$590K$787K22 grants20206 grants20217 grants20229 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COVANTAGE CARES FOUNDATI…$350KBOYS & GIRLS CLUB OF THE…$25KMAKE-A-WISH WISCONSIN$15KWISCONSIN TIMBER RATTLERS$15KWAUSAU EVENTS$13KST MARY CATHOLIC SCHOOLS$10KBOYS & GIRLS CLUB OF THE…$10KALZHEIMER'S ASSOCIATION$8KSHANNON MARIE AND LOUIS …$7KWOMEN'S FUND FOR THE FOX…$7K

Grant Size Distribution

55 grants across all recorded years

48<$50K1$50–100K3$100–250K2$250–500K1$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
COVANTAGE CARES FOUNDATION INC ANTIGO, WIGENERAL SUPPORT$350,000
BOYS & GIRLS CLUB OF THE FOX VALLEY INC NEENAH, WIGENERAL SUPPORT$25,000
MAKE-A-WISH WISCONSIN APPLETON, WIGENERAL SUPPORT$15,300
WISCONSIN TIMBER RATTLERS APPLETON, WIGENERAL SUPPORT$15,000
WAUSAU EVENTS WAUSAU, WIGENERAL SUPPORT$12,500
ST MARY CATHOLIC SCHOOLS NEENAH, WIGENERAL SUPPORT$10,000
BOYS & GIRLS CLUB OF THE WAUSAU AREA INC WAUSAU, WIGENERAL SUPPORT$10,000
ALZHEIMER'S ASSOCIATION WASHINGTON, DCGENERAL SUPPORT$8,000
SHANNON MARIE AND LOUIS PORTER SMITH FOUNDATION INC OREGON, WIGENERAL SUPPORT$6,750
WOMEN'S FUND FOR THE FOX VALLEY REGION APPLETON, WIGENERAL SUPPORT$6,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHARLES ZANAYEDPRESIDENT$796KSHERRY AULIKSPECIAL PROJECTS OFFICER$548KBRETT LEEEVP CHIEF RETAIL OFFICER$374KJOAN FARRELLSVP CHIEF RISK STR PA OFFICER$310KSEAN VAN HANDELSVP CHIEF INFORMATION OFFICER$296KMARY PRUNTYCHIEF FINANCIAL OFFICER$274KSTACY BOUCHECHIEF MORTGAGE LENDING OFFICER$258KPATRICK CURRANVP DIGITAL SERVICES$219KCHERYL FANNINGSVP RETAIL SALES SRV OPS$201KBRYAN EMERLINGSVP BUILDINGS AND MARKETS$197KJANEL THOUNESVP OF MARKETING AND MISSION$194KDENNIS HALTINNERCHAIR$12KMICHAEL WINDBERGVICE CHAIR$12KWILLIS QUALHEIMTREASURER$12KLEE SILERSECRETARY$12KJULIE BERNDTDIRECTOR$12KANGIE CLOSEDIRECTOR$12KSUSAN GITZLAFFDIRECTOR$12KMATT KOLLINGDIRECTOR$12KPAUL PAYANTDIRECTOR$12KEUGENE SHAWANODIRECTOR$12K

From 2024 filing

NameTitleHoursCompensation
DENNIS HALTINNERCHAIR2$11,500
MICHAEL WINDBERGVICE CHAIR2$11,500
WILLIS QUALHEIMTREASURER2$11,500
LEE SILERSECRETARY2$11,500
JULIE BERNDTDIRECTOR2$11,500
ANGIE CLOSEDIRECTOR2$11,500
SUSAN GITZLAFFDIRECTOR2$11,500
MATT KOLLINGDIRECTOR2$11,500
PAUL PAYANTDIRECTOR2$11,500
EUGENE SHAWANODIRECTOR2$11,500
CHARLES ZANAYEDPRESIDENT40$796,005
MARY PRUNTYCHIEF FINANCIAL OFFICER40$273,573
STACY BOUCHECHIEF MORTGAGE LENDING OFFICER40$258,437
BRETT LEEEVP CHIEF RETAIL OFFICER40$374,272
JOAN FARRELLSVP CHIEF RISK STR PA OFFICER40$309,624
SEAN VAN HANDELSVP CHIEF INFORMATION OFFICER40$295,994
SHERRY AULIKSPECIAL PROJECTS OFFICER40$548,074
PATRICK CURRANVP DIGITAL SERVICES40$218,636
CHERYL FANNINGSVP RETAIL SALES SRV OPS40$201,367
JANEL THOUNESVP OF MARKETING AND MISSION40$193,517
BRYAN EMERLINGSVP BUILDINGS AND MARKETS40$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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Covantage Credit Union on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Covantage Credit Union to a real strategy.

Plan your approach