Wisconsin · Nonprofit
COVANTAGE CREDIT UNION
COVANTAGE CREDIT UNION (Wisconsin) receives grants from 1 organization whose IRS filings report $1,500 to it, the largest being Humane World for Animals Inc ($1,500). 0 of them have funded it in more than one year.
- Revenue FY2024
- $234M
- Funders on record
- 1
- Grants received
- $2k
- Net assets
- $328M
What Covantage Credit Union does
Mission
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.
As stated on its FY2024 Form 990.
Programs
Covantage has 171,890 members, and passes value back to the membership through higher deposit rates, lower loan rates, and minimal fees. As of december 31, 2024, covantage was paying an annual percentage rate of 2.78% on regular share accounts when many other financials continued to keep their rates lower in an uncertain interest rate environment. Covantage is one of a few financial institutions in the nation that do not charge nsf or overdraft fees on checking accounts which saves our members over 8 million dollars annually. Covantage rewarded members with an additional $6,976,426 in patronage payments in 2024.
Covantage continues to offer cost-friendly products to our members. We not only do this through our competitive rates, but also by going above and beyond to help those in need. We continue to offer cost-friendly options to payday lenders such as kwik cash overdraft protection loans with no service charge or transfer fee, courtesy pay checking account services also without hefty fees. Covantage welcomes all regardless of wealth and made almost 10,000 loans of $5,000 or less. These small dollar loans are not about profit, but about serving our communities. Covantage offers free credit score tracking to help our members build and monitor credit. For those looking for home ownership, covantage also offered its covantage creates homes mortgage program to help those that might need assistance with a down payment or needed home repairs.
Covantage also strives to support financial literacy, including providing greenpath credit counseling as a free service to our members to assist with budgeting, understanding credit reports, money management, and debt repayment. This free service saves members $25-$50 per month that is commonly charged by other credit counseling agencies. In addition, covantage offers community education events and promotes financial literacy to students through reality fairs.
The 3 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $3.0B to $3.5B (+19%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 1% · 2022 0% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Dennis Haltinner
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of COVANTAGE CREDIT UNION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
COVANTAGE CREDIT UNION draws 100% of its grant income from funders outside Wisconsin, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding COVANTAGE CREDIT UNION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.8M on record.
- Department of the Treasury$4.8M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like COVANTAGE CREDIT UNION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Part of a family of 4 related entities
- Transition Properties LLC · disregarded
- Cuvanta LLC · disregarded
- Covantage Cares Foundation Inc · exempt
- Langlade Abstract & Title Company Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for COVANTAGE CREDIT UNION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COVANTAGE CREDIT UNION?
- COVANTAGE CREDIT UNION (Wisconsin) receives grants from 1 organization whose IRS filings report $1,500 to it, the largest being Humane World for Animals Inc ($1,500). 0 of them have funded it in more than one year.
- How many funders does COVANTAGE CREDIT UNION have?
- IRS filings report 1 organization giving $1,500 in grants to COVANTAGE CREDIT UNION.
- Who is the largest funder of COVANTAGE CREDIT UNION?
- Humane World for Animals Inc is the largest funder on record, with $1,500 in grants. The full list of funders is on this page.
- How can an organization like COVANTAGE CREDIT UNION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing