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Filene Research Institute Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391645910 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Filene Research Institute Inc?

Filene Research Institute Inc is a nonprofit organization situated in Madison, Wisconsin. Their primary focus is conducting innovative, actionable research aimed at enhancing learning and transforming organizations within the cooperative finance movement. They strive to increase consumer financial well-being by reducing risk from new solutions through their Filene Incubators. The institute also connects emerging leaders through communities and events, offers advisory services, and serves as a hub for growing, forward-thinking credit unions. Filene regularly publishes research findings in various formats, such as reports, podcasts, and infographics, and speaks at industry conferences to share their insights on key consumer finance topics. They have four incubator offerings and tested five in-market products during the previous fiscal year.


Official website here: www.filene.org

Is Filene Research Institute Inc legitimate?

Filene Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Filene Research Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.filene.org

What is the mission statement of Filene Research Institute Inc?

The Filene Research Institute Inc's mission is centered around enhancing organizations by conducting innovative research and fostering incubation. Their primary goal is to improve consumer financial well-being. Through their research, they aim to address high-priority questions benefiting consumers and the cooperative finance movement. The institute regularly publishes reports, podcasts, infographics, and toolkits, disseminating their findings widely. Additionally, Filene Incubators test new products and ideas to help credit unions grow and positively impact their members and communities. They currently have four incubator offerings and tested five in-market products during the previous fiscal year.


Official website here: www.filene.org

Who is the CEO of Filene Research Institute Inc?

Mark Meyer is the Chairperson of Filene Research Institute Inc. The CEO's salary of Filene Research Institute Inc is $0 and their total compensation is $0.


Official website here: www.filene.org

What is the revenue of Filene Research Institute Inc?

Filene Research Institute Inc's revenue in 2023 was $8,172,458.


Official website here: www.filene.org

Who are the executives of Filene Research Institute Inc and what are their salaries?

Here are 14 key members and their salaries (Filene Research Institute Inc's CEO's salary is $0 and their total compensation is $0):

    Keith Sultemeier (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Clobes (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ty Muse (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracie Kenyon (Director (Thru January))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Schenk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurice Smith (Director (Thru August))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Purtell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Cheney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patty Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lily Newfarmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Meyer (President & Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patsy Stewart (Chief Finance & Operations Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Tollefson (Dir Of Executive Relations/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.filene.org

    Where can I find the form 990 for Filene Research Institute Inc?

    The Filene Research Institute Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.filene.org

    Learn more at the official website: www.filene.org

    Mission Statement of Filene Research Institute Inc

    Filene Research Institute Inc is an organization dedicated to strengthening organizations through innovative research and incubation. Their mission is to improve consumer financial well-being by conducting cutting-edge research and reducing risk from new solutions. They achieve this by providing actionable insights through their research, incubating emerging ideas and leaders, and offering advisory services to drive lasting changes. The institute identifies high-priority research questions for the benefit of consumers and the cooperative finance movement, publishing reports and outputs on their findings. Filene's research is widely distributed in various media outlets, and they regularly speak at conferences and industry events to share their insights on key consumer finance topics. Additionally, Filene's incubators test products and ideas to help credit unions grow and positively impact their members and communities. The organization currently has four incubator offerings and tested five in-market products during the past fiscal year.

    Impact

    This information is meant to be a general summary of Filene Research Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Filene Research Institute Inc's impact lies in its cutting-edge actionable research that aims to transform organizations, accelerate innovation, and reduce risk through its incubators. By connecting innovative leaders and providing advisory services, Filene drives lasting and impactful change in the cooperative finance movement. Through its research and innovation efforts, Filene seeks to address high-priority research questions for the benefit of consumers and the financial industry. The Institute's publications and engagements, including reports, podcasts, and presentations, widely disseminate research insights to inform and inspire the industry.

    Additionally, Filene's incubators play a crucial role in testing and refining products and ideas to help credit unions grow and enhance their impact on members and communities. The organization's commitment to strengthening organizations through research and incubation ultimately aims to improve consumer financial well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $97,692
  • Program Service Revenue: $540,840
  • Gross Receipts: $8,397,590

    • Assets and Liabilities:
  • Total Assets: $15,248,471
  • Total Liabilities: $2,278,852
  • Net Assets: $12,969,619
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RESEARCH AND INNOVATION

    Revenue

    $437,204

    OUTREACH AND EDUCATION

    Revenue

    $103,636

    Organization Details

    Founding Year

    1989

    Principal Officer

    Mark Meyer

    Main Address

    1010 E WASHINGTON AVE 306, MADISON, WI, 53703

    NTEE Category

    Code: W60E - Public benefit

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