Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
990 • Fiscal year 2020 • EIN 41-0874898
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
Liabilities / Revenue
42nd percentile
Higher debt load relative to revenue than 42% of similar nonprofits.
Net Margin
54th percentile
Higher net margin than 54% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 16.8% of source-year revenue.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Assets
Up$9,551,599
Up $857,365 (+9.9%) from 2019
Net Assets
Up$1,848,761
Up $32,622 (+1.8%) from 2019
Liabilities
Up$7,702,838
Up $824,743 (+12%) from 2019
Revenue
Down$402,201
Down $1,371 (-0.3%) from 2019
Expenses
Up$369,579
Up $13,734 (+3.9%) from 2019
Net Income
Down$32,622
Down $15,105 (-32%) from 2019
Provide savings, loans and other financial services to members at terms generally better than available in the marketplace and with a "service-based emphasis" that recognizes the members as "owners."
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $6,963,733 | $6,388,508 | ▼ $575,225 |
| Rtn Earn Endowment Incm Other Fnds | $1,816,139 | $1,848,761 | ▲ $32,622 |
| Investments Other Securities | $948,000 | $1,425,000 | ▲ $477,000 |
| Investments Program Related | $352,690 | $1,261,358 | ▲ $908,668 |
| Savings and Temporary Cash Investments | $196,723 | $243,290 | ▲ $46,567 |
| Cash and Non-Interest-Bearing Accounts | $22,022 | $19,991 | ▼ $2,031 |
| Prepaid Expenses and Deferred Charges | $6,042 | $19,794 | ▲ $13,752 |
| Land, Buildings, and Equipment, Net | $14,250 | $6,371 | ▼ $7,879 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $8,694,234 | $9,551,599 | ▲ $857,365 |
| Other Assets Total | $190,774 | $187,287 | ▼ $3,487 |
| Liabilities | |||
| Other Liabilities | $6,856,475 | $7,682,667 | ▲ $826,192 |
| Accounts Payable and Accrued Expenses | $21,620 | $20,171 | ▼ $1,449 |
| Total Liabilities | $6,878,095 | $7,702,838 | ▲ $824,743 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,816,139 | $1,848,761 | ▲ $32,622 |
| Total Liabilities and Net Assets / Fund Balance | $8,694,234 | $9,551,599 | ▲ $857,365 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $100,374 | - | - |
| Buildings | $0 | $0 | $0 |
| Other Land Buildings | $0 | $0 | $0 |
| Land | $0 | - | $0 |
| Equipment | $6,371 | $23,420 | $0 |
| Leasehold Improvements | $0 | $0 | $0 |
| Other Securities | $1,425,000 | - | - |
| Closely Held Equity Interests | $0 | - | - |
| Financial Derivatives | $0 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jennifer Tiedman | President | PT | $64,163 | $3,208 | $67,371 |
| Name | Title |
|---|---|
| Kevin Hoeschen | Chair |
| Brian Ecker | Vice-Chair |
| Dan Gerten | Board Member |
| Deborah Spiess | Secretary |
| Quinton Vorhies | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $178,857 |
| Salaries, Compensation, and Employee Benefits | $158,741 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Office Expenses | - | - | - | $72,685 |
| Other Salaries and Wages | - | - | - | $70,865 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $68,829 |
| Information Technology | - | - | - | $35,268 |
| Benefits to Members | - | - | - | $31,981 |
| Occupancy | - | - | - | $19,792 |
| Depreciation Depletion | - | - | - | $12,821 |
| Insurance | - | - | - | $11,605 |
| Payroll Taxes | - | - | - | $10,655 |
| Conferences and Meetings | - | - | - | $9,743 |
| Other Expenses | - | - | - | $5,908 |
| Other Employee Benefits | - | - | - | $5,409 |
| Advertising | - | - | - | $4,264 |
| Pension Plan Contributions | - | - | - | $2,983 |
| Total Functional Expenses | $0 | $0 | $0 | $369,579 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Regular Shares | $6,195,367 |
| Term Share Certificates | $948,869 |
| Share Drafts | $538,431 |
“Comprised of USW Union members and their family members of approximately 1049 member owners, each having equal rights in ownership. The credit union has one class of members.”
“Current member owners of FIRST PACE credit Union are each allowed one vote to elect the members of the Board of Directors.”
“Changes to the Bylaws must be approved by the member owners, after they have been approved by the Board of Directors and the regulatory agency. Any amendments to the certificate of organization or bylaws shall be approved by two-thirds of the vote of the members actually voting, provided the members actually voting constitute a quorum.”
“Review of Form 990 is done by the Supervisory Committee.”
“The Presidents salary is based on comparable sized credit unions through use of CUNA's Annual Compensation Survey results. The process is done by the Salary Review Committee, made up of the Board of Directors and was approved at their meeting December 16th 2019.”
“Financial Statements are posted in the lobby or they can be reviewed by appointment at the credit union office.”
“Implemented Mobile bill pay, e-bill pay, Person to Person (P2P) and Account to Account (A2A - with other financial institutions)”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 21620 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 20171 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Provide savings, loans and other financial services to members at terms generally better than available in the marketplace and with a "service-based emphasis" that recognizes the members as "owners." |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 4264 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 31981 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FIRST PACE Credit Union |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6514518495 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 161 Marie Avenue East |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | West St Paul |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55118 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 22022 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 19991 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 68829 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 9743 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 31981 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 23401 |
| IRS990/CYOtherExpensesAmt | 0 | 178857 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 378800 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 32622 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 158741 |
| IRS990/CYTotalExpensesAmt | 0 | 369579 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 402201 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 12821 |
| IRS990/Desc | 0 | Multiple products offered to help the member, with reasonable terms and competitive rates. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 33 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.5 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 3208 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Jennifer Tiedman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Kevin Hoeschen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Deborah Spiess |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Dan Gerten |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Brian Ecker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Quinton Vorhies |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 64163 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Vice-Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Treasurer |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1963 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 402201 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 35268 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 11605 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 23401 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 23401 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 948000 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 1425000 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 352690 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 1261358 |
| IRS990/IRPDocumentCnt | 0 | 328 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 23420 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 14250 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 6371 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 29791 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingOtherInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Provide savings, loans and other financial services to members at terms generally better than available in the marketplace and with a "service-based emphasis" that recognizes the members as "owners." |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1816139 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1848761 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -47343 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 19792 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 72685 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 190774 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 187287 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 5409 |
| IRS990/OtherExpensesGrp/Desc | 0 | Provision for Loan Loan |
| IRS990/OtherExpensesGrp/Desc | 1 | Dues |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6771 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5908 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 6856475 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 7682667 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 70865 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 6963733 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 6388508 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 10655 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2983 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 6042 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 19794 |
| IRS990/PrincipalOfficerNm | 0 | Jennifer Tiedman |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 522130 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Interest Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Fee Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Interchange Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Misc. Income |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 3 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 333444 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 15128 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 12464 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 15870 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 333444 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 15128 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 12464 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 17764 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 3 | 1894 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Offer free checking accounts with a free VISA Debit Card to help members become financially responsible. Also free online/mobile banking with bill pay, remote deposit, Person to Person and Account to Account transfers between financial institutions. Also have free online statements. All services offered for free, to empower the member with tools for good money management. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Competitive dividends paid on approximately 1427 share savings accounts, money market accounts, club accounts and term share certificates, to help our 1049 members save for the future. Free online and mobile banking and electronic statements for the members to help monitor their finances. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 31899 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 38335 |
| IRS990/PYOtherExpensesAmt | 0 | 176317 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 365237 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 47727 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 147629 |
| IRS990/PYTotalExpensesAmt | 0 | 355845 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 403572 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 32622 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1816139 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1848761 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 196723 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 243290 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 6371 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 23420 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 29791 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/FederalIncomeTaxLiabilityAmt | 0 | 0 |
| IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 1119189 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 41795 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 100374 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | Deposits in Corporate Credit Unions |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | Capital at Corporate Credit Unions |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | Deposits in Credit Unions |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 6195367 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 538431 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 948869 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Regular Shares |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Share Drafts |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Term Share Certificates |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 1425000 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Securities-Held to Maturity |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6371 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 1261358 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 1425000 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 7682667 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Implemented Mobile bill pay, e-bill pay, Person to Person (P2P) and Account to Account (A2A - with other financial institutions) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Comprised of USW Union members and their family members of approximately 1049 member owners, each having equal rights in ownership. The credit union has one class of members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Current member owners of FIRST PACE credit Union are each allowed one vote to elect the members of the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Changes to the Bylaws must be approved by the member owners, after they have been approved by the Board of Directors and the regulatory agency. Any amendments to the certificate of organization or bylaws shall be approved by two-thirds of the vote of the members actually voting, provided the members actually voting constitute a quorum. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Review of Form 990 is done by the Supervisory Committee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The Presidents salary is based on comparable sized credit unions through use of CUNA's Annual Compensation Survey results. The process is done by the Salary Review Committee, made up of the Board of Directors and was approved at their meeting December 16th 2019. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Financial Statements are posted in the lobby or they can be reviewed by appointment at the credit union office. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part III, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section A, Line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section B, Line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 1 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 8694234 |
| IRS990/TotalAssetsEOYAmt | 0 | 9551599 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 8694234 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9551599 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 369579 |
| IRS990/TotalGrossUBIAmt | 0 | 1894 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 6878095 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 7702838 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 6878095 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 7702838 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1816139 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1848761 |
| IRS990/TotalOtherCompensationAmt | 0 | 3208 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcGrantAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcRevenueAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 378800 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 64163 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 23401 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 376906 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 402201 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 1894 |
| IRS990/TotalVolunteersCnt | 0 | 8 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 8694234 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9551599 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 161 Marie Avenue East |
| IRS990/USAddress/CityNm | 0 | West St Paul |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55118 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | www.firstpacecu.com |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jennifer Tiedman |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6514518495 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FIRST PACE CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FIRS |
| ReturnHeader/Filer/EIN | 0 | 410874898 |
| ReturnHeader/Filer/PhoneNum | 0 | 6514518495 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 161 Marie Avenue East |
| ReturnHeader/Filer/USAddress/CityNm | 0 | West St Paul |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55118 |
| ReturnHeader/ReturnTs | 0 | 2021-05-05T16:25:55-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.