Marine Credit Union
We will serve more of the underserved with products, service, time and giving. We will increase the number and percentage of customers availing themselves of a variety of high quality services.
Marine Credit Union at a glance
In short: Marine Credit Union gave $209K across 3 grants in 2025 (avg $70K), mostly in Wisconsin. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $208,744
- +38.8% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $69,581
- -7.5% vs 2024
- Median grant
- $75,000
- Total assets
- $1,089,180,822
- +5.2% vs 2024
- Primary geography
- Wisconsin (64% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
How to apply to Marine Credit Union
- Next open deadline
- February 8, 2027 (MCU Employee Scholarship)
Open Grants
2 open opportunities from Marine Credit Union
Who Marine Credit Union funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Marine Credit Union Foundation Inc ($124K). Together the top 3 received $209K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Marine Credit Union gives
- Giving grew 26% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $150K (2024) to $209K (2025). In 2025 it made 3 grants totaling $209K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marine Credit Union Foundation Inc La Crosse, WI | General Support | $123,744 |
| The Community Impact Fund Greenwood Bvillages, CO | General Support | $75,000 |
| Salvation Army Fond Du Lac, WI | General Support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,089,180,822 | $101,354,022 | $91,608,133 | $208,744 | 3 | $10,728,955 |
| 2024 | $1,035,353,224 | $92,253,087 | $84,333,452 | $150,394 | 2 | $4,671,916 |
| 2023 | $1,045,976,901 | $86,495,032 | $78,753,682 | $166,686 | 1 | $5,885,437 |
| 2022 | $1,034,078,280 | $77,409,562 | $68,880,317 | $165,662 | 1 | $4,318,475 |
| 2021 | $1,046,373,718 | $73,550,706 | $61,676,503 | $178,802 | 1 | $1,237,633 |
| 2020 | $961,535,112 | $71,099,257 | $73,189,234 | $207,711 | 1 | $-36,390 |
About Marine Credit Union
Based on IRS filings
Marine Credit Union is a public charity, based in La Crosse, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1B in total assets. In 2025, it awarded 3 grants totaling $209K. Net investment income was $10.7M.
Leadership & Key People
Officers and directors from IRS filings
Marine Credit Union is led by Tom Knothe, President & CEO since 2025 (on filings since 2020); all 22 officers listed in 2025 are compensated.
Officers on the 2025 filing
Tom Knothe
President & CEO
Board Chair → Chair, 2024
Chair → President & CEO, 2025
On filings since 2020
40 hrs/week
$24K (2020) → $355K (2025)
Darrick Weeks
President & CEO
On filings since 2022
40 hrs/week
$493K (2022) → $635K (2025)
Anne Snow
Chair
Board Fourth Vice Chair → Fourth Vice Chair, 2024
Fourth Vice Chair → Chair, 2025
On filings since 2020
6.3 hrs/week
$18K (2020) → $44K (2025)
Jack Kalander
Chief Information Officer
On filings since 2020
40 hrs/week
$267K (2020) → $421K (2025)
Jonathan Horne
Secretary
Board Third Vice Chair → Third Vice Chair, 2024
Third Vice Chair → Secretary, 2025
On filings since 2020
5 hrs/week
$6K (2020) → $36K (2025)
Joshua Moore
Senior Vice President of Mortgage Lending
On filings since 2020
40 hrs/week
$269K (2020) → $319K (2025)
Kenneth Brossman
Chief Lending Officer
Chief Sales Officer → Chief Lending Officer, 2022
On filings since 2020
40 hrs/week
$303K (2020) → $395K (2025)
Mark D. Reed
Third Vice Chair
Board Secretary → Secretary, 2024
Secretary → Third Vice Chair, 2025
On filings since 2020
5 hrs/week
$18K (2020) → $36K (2025)
Michael Spillane
Senior Vice President of Customer Analytics
Senior Vice President of Loan Quality & Credit Risk → Senior Vice President of Customer Analytics, 2022
On filings since 2020
40 hrs/week
$213K (2020) → $243K (2025)
William James
Chief Risk Officer
CFO → CFO & Cro, 2021
CFO & Cro → Chief Risk Officer, 2022
On filings since 2020
40 hrs/week
$369K (2020) → $513K (2025)
William Maas
Second Vice Chair
Board Member → Board Second Vice Chair, 2021
Board Second Vice Chair → Second Vice Chair, 2024
On filings since 2020
5 hrs/week
$18K (2020) → $36K (2025)
Jason Kaufman
Vice President of Lending Operations
Vice President of Central Lending → Vice President of Lending Operations, 2025
On filings since 2021
40 hrs/week
$183K (2021) → $254K (2025)
Joseph Liethen
Chief Financial Officer
CFO → Chief Financial Officer, 2022
On filings since 2021
40 hrs/week
$262K (2021) → $530K (2025)
Mic Michels
Treasurer
Board Treasurer → Treasurer, 2024
On filings since 2021
5 hrs/week
$15K (2021) → $36K (2025)
Stephen Neumann
Vice President of Collections
On filings since 2021
40 hrs/week
$173K (2021) → $267K (2025)
Blake Herring
Chief Human Resource Officer
Chief Human Resource Officer → Chief Hr Officer, 2023
Chief Hr Officer → Chief Human Resource Officer, 2024
On filings since 2022
40 hrs/week
$278K (2022) → $482K (2025)
Brian Rude
First Vice Chair
Board First Vice Chair → First Vice Chair, 2024
On filings since 2022
5 hrs/week
$11K (2022) → $36K (2025)
Joumana McDad - Chief Service
Delivery & Experience Officer
On filings since 2023
40 hrs/week
$200K (2023) → $344K (2025)
Jasmine Johnson
Forth Vice Chair
Sixth Vice Chair → Forth Vice Chair, 2025
On filings since 2024
5 hrs/week
$5K (2024) → $36K (2025)
Charlie Jelen
Sixth Vice Chair
New on the 2025 filing
5 hrs/week
$36K (2025)
Jessica Himmer
Fifth Vice Chair
New on the 2025 filing
5 hrs/week
$22K (2025)
Matthew Rayome
Vice President of Consumer Lending
New on the 2025 filing
40 hrs/week
$259K (2025)
Former officers (17)
- Former: Carles Jelen (2024) — Fifth Vice Chair
- Former: Christina Tessmer (2024) — Vice President of Compliance & Audit
- Former: Laura Mueller (2024) — Vice President of Member Experience & Digital
- Former: Katie Tolokken (2020–2023) — Senior Vice President Payments & Deposits
- Former: William Sacia (2020–2023) — Board Member
- Former: Eduardo Zamarron (2022–2023) — Senior Mortgage Loan Representative
- Former: Adam Keer - Chief Experience (2023) — Officer
- Former: Adam Keer (2020–2022) — Chief Experience Officer
- Former: Shawn Hanson (2020–2022) — Former President & CEO
- Former: Liz Malott (2022) — Senior Vice President of Talent
- Former: Robert Carney (2020–2021) — Board Treasurer
- Former: Troy Moen (2021) — Vice President of Operations
- Former: Gregory Higgins (2020) — Chief Hr Officer
- Former: Jack Haworth (2020) — Chief Sales Officer
- Former: James Mangold (2020) — Senior Vice President Regional Manager
- Former: Michael Maxwell (2020) — Vice President of Loan Operations
- Former: Thomas Waldhart (2020) — Vice President of Accounting
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $635K, to Darrick Weeks (President & CEO (Thru 01/25)). 22 officers or directors reported compensation on that filing.
Frequently asked questions about Marine Credit Union
How much does Marine Credit Union give each year?
Marine Credit Union gave $209K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $150K across 2 grants.
What is Marine Credit Union's typical grant size?
Marine Credit Union's median grant in 2025 was $75,000, and its average grant was $69,581, across 3 grants on its 2025 IRS Form 990.
Where does Marine Credit Union give grants?
Marine Credit Union gives mostly in Wisconsin: 64% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Colorado (36%).
Does Marine Credit Union give general operating support?
Yes: 100% of Marine Credit Union's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990.
How large is Marine Credit Union?
Marine Credit Union reported $1.1B in total assets on its 2025 IRS Form 990. Its revenue that year was $101.4M.
What is Marine Credit Union's EIN?
Marine Credit Union's EIN (Employer Identification Number) is 39-0827305. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS September 21, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 23, 2025)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Wisconsin
Wisconsin Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Marine Credit Union's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Wisconsin
La Crosse Community Foundation
La Crosse, WI
The La Crosse Area Community Foundation funds nonprofits and qualifying government entities working in La Crosse County across arts and humanities, community improvement, culture and diversity, education, environment, faith, health and human services, and recreation and wellness. Its 2025 grants had a median of $19,800 and ranged from $5,153 to $416,557; the 2026 standard grant minimum is $15,000. It accepts unsolicited requests through its competitive grant process.
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Total Given
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Trustage Foundation Inc
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TruStage Foundation funds economic mobility through education—especially K–12 literacy, mentoring, and tutoring—and housing, including affordable housing, homelessness support, and rental assistance, with an emphasis on equity and systemic change. Its 2024 grants ranged from $250 to $650,000, with a median of $22,500; it prioritizes Madison/Dane County, Wisconsin, and the Cedar Valley area of Iowa, while employee giving supports organizations nationwide. Its 2024 filing says it funds preselected organizations and does not accept unsolicited requests.
Assets
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Grants
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Total Given
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Thrivent Charitable Impact & Investing
Appleton, WI
Thrivent Charitable Impact & Investing distributes donor-directed and program donations to a broad range of causes and organizations in local, national, and global communities. Its 2024 grants had a median of $11,520 and ranged from $5,006 to $5 million. The profile does not state whether it accepts unsolicited requests.
Assets
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Total Given
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Dane Buy Local Foundation Inc
Madison, WI
Dane Buy Local Foundation supports buy-local education, collaboration, and programs that strengthen locally owned businesses and communities in Dane County and South Central Wisconsin; it also offers scholarships to area high school seniors pursuing post-secondary business or entrepreneurship studies. No typical award amount is stated, and the information does not say whether the Foundation accepts unsolicited funding requests.
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Total Given
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Alliant Energy Foundation Inc
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Greater Milwaukee Foundation Inc
Milwaukee, WI
The Greater Milwaukee Foundation funds nonprofit programs, projects, general operations and capital needs, with priorities including early childhood education, housing, basic needs, health, arts and culture, and scientific research. Its competitive grants primarily serve Milwaukee, Ozaukee, Washington and Waukesha counties; in 2024, the median grant was about $27,800, though awards varied widely. It runs competitive grant cycles, but whether it accepts unsolicited requests is not stated.
Assets
$1.1B
Grants
838
Total Given
$66.8M
More similar funders
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Marine Credit Union down — hundreds of funders to go?