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Wisconsin · Nonprofit

ROYAL CREDIT UNION

ROYAL CREDIT UNION (Wisconsin) receives grants from 2 organizations whose IRS filings report $18,375 to it, the largest being NATIONAL CREDIT UNION FOUNDATION ($10,625). 0 of them have funded it in more than one year.

Revenue FY2024
$374M
Funders on record
2
Grants received
$18k
Net assets
$523M
0/2 repeat funderspeak grant-dependency 0%
01What it does

What Royal Credit Union does

Mission

To create a positive impact in the lives we touch.

As stated on its FY2024 Form 990.

Programs

  1. There were 50,775 loans granted in 2024 for a total of $1,826,641,041. As of 12/31/24, the credit union had 229,963 accounts comprised of mortgage, consumer, and business loans.

  2. The credit union had deposit, transaction and investment accounts with 321,219 members at 12/31/24. Net account growth during 2024 was 34,938 accounts for total accounts of 635,239 at 12/31/24. Total ending balance of all deposit accounts was $4,726,130,765.

The 2 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

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.

100 = 20172017 Revenue 100 ($116M) Expenses 100 ($90M) Net assets 100 ($237M)2018 Revenue 114 ($132M) Expenses 120 ($108M) Net assets 110 ($261M)2019 Revenue 133 ($154M) Expenses 142 ($128M) Net assets 121 ($287M)2020 Revenue 147 ($170M) Expenses 157 ($142M) Net assets 133 ($315M)2021 Revenue 160 ($185M) Expenses 134 ($120M) Net assets 161 ($382M)2022 Revenue 172 ($199M) Expenses 177 ($159M) Net assets 176 ($418M)2023 Revenue 259 ($300M) Expenses 287 ($258M) Net assets 198 ($469M)2024 Revenue 323 ($374M) Expenses 359 ($324M) Net assets 220 ($523M)
'17'18'19'20'21'22'23'24
Revenue (323)Expenses (359)Net assets (220)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $2.8B to $3.5B (+22%).

$2.2B
$2.4B
$2.8B
$3.5B
$4.0B
$4.6B
$5.2B
$5.3B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$26M
’17
$23M
’18
$26M
’19
$29M
’20
$65M
’21
$40M
’22
$42M
’23
$50M
’24
11
months of
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.

Chief executive

Brandon Riechers

CEO/president

Board chair

Thomas Huffcutt

Chairperson

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1818111918201919
Joined·+5+4+8+0+5+4+2
No longer listed·51101352
03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income fell $11k → $8k.

Funder
'19
'21
total
funders
1
1

From the IRS filings of ROYAL 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.

How concentrated its funding is

ROYAL CREDIT UNION leans on a few funders — its largest provides 58% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ROYAL CREDIT UNION.

58%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

100% of ROYAL CREDIT UNION's grant income comes from Wisconsin funders.

WI

In-state vs out-of-state, by year

’19
’21
Wisconsin out of state home

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.

04Its place in the field

Government funding ROYAL CREDIT UNION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.6M on record.

Federal$3.6M
grants $3.6Mcontracts $0
18
21
23
Top agencies
  • Department of the Treasury$3.6M

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 ROYAL 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 2 states

MN
WI

Part of a family of 3 related entities

  • 317 LLC · disregarded
  • Legends Title Services LLC · disregarded
  • Rcu Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ROYAL 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.

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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 ROYAL CREDIT UNION?
ROYAL CREDIT UNION (Wisconsin) receives grants from 2 organizations whose IRS filings report $18,375 to it, the largest being NATIONAL CREDIT UNION FOUNDATION ($10,625). 0 of them have funded it in more than one year.
How many funders does ROYAL CREDIT UNION have?
IRS filings report 2 organizations giving $18,375 in grants to ROYAL CREDIT UNION.
Who is the largest funder of ROYAL CREDIT UNION?
NATIONAL CREDIT UNION FOUNDATION is the largest funder on record, with $10,625 in grants. The full list of funders is on this page.
How can an organization like ROYAL 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 2 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