Civic Intelligence

Premier Credit Union

990 • Fiscal year 2015 • EIN 42-0127275

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

Organization ProfileWWW.PREMIERCU.ORG

View Organization Page

800 9th StreetDes Moines, IA 50309-1202

(515) 282-1611

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.91x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

49th percentile

18.29x

Higher debt load relative to revenue than 49% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Net Margin

93rd percentile

25%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

28th percentile

$158,684

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Asset Growth

93rd percentile

16%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

14%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$142,817,180

Up $19,331,495 (+16%) from 2014

Net Assets

Up

$12,767,246

Up $1,747,441 (+16%) from 2014

Liabilities

Up

$130,049,934

Up $17,584,054 (+16%) from 2014

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin93rd percentile

Revenue

Up

$7,109,436

Up $885,476 (+14%) from 2014

Expenses

Up

$5,360,360

Up $475,203 (+9.7%) from 2014

Net Income

Up

$1,749,076

Up $410,273 (+31%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400M$300M$200M$100M$0Assets 2010: $95,234,080Liabilities 2010: $87,197,649Net Assets 2010: $8,036,4312010Assets 2011: $97,110,175Liabilities 2011: $88,915,014Net Assets 2011: $8,195,1612011Assets 2012: $101,886,656Liabilities 2012: $92,985,016Net Assets 2012: $8,901,6402012Assets 2013: $110,278,938Liabilities 2013: $100,599,661Net Assets 2013: $9,679,2772013Assets 2014: $123,485,685Liabilities 2014: $112,465,880Net Assets 2014: $11,019,8052014Assets 2015: $142,817,180Liabilities 2015: $130,049,934Net Assets 2015: $12,767,2462015Assets 2016: $171,053,681Liabilities 2016: $156,282,651Net Assets 2016: $14,771,0302016Assets 2017: $185,911,694Liabilities 2017: $169,385,374Net Assets 2017: $16,526,3202017Assets 2018: $196,578,672Liabilities 2018: $178,748,413Net Assets 2018: $17,830,2592018Assets 2019: $208,301,902Liabilities 2019: $189,443,767Net Assets 2019: $18,858,1352019Assets 2020: $257,857,430Liabilities 2020: $237,543,444Net Assets 2020: $20,313,9862020Assets 2021: $265,180,790Liabilities 2021: $243,018,709Net Assets 2021: $22,162,0812021Assets 2022: $287,063,539Liabilities 2022: $262,652,095Net Assets 2022: $24,411,4442022Assets 2023: $302,782,106Liabilities 2023: $277,174,848Net Assets 2023: $25,607,2582023Assets 2024: $338,698,349Liabilities 2024: $308,520,947Net Assets 2024: $30,177,4022024

Highlighted filing

2015

Assets$142,817,180
Liabilities$130,049,934
Net Assets$12,767,246
Open 2015 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $5,105,1302010Expenses 2011: $5,352,3612011Expenses 2012: $5,089,2722012Revenue 2013: $5,837,166Expenses 2013: $5,059,529Net Income 2013: $777,6372013Revenue 2014: $6,223,960Expenses 2014: $4,885,157Net Income 2014: $1,338,8032014Revenue 2015: $7,109,436Expenses 2015: $5,360,360Net Income 2015: $1,749,0762015Revenue 2016: $8,084,960Expenses 2016: $6,081,086Net Income 2016: $2,003,8742016Revenue 2017: $9,136,052Expenses 2017: $7,380,762Net Income 2017: $1,755,2902017Revenue 2018: $9,815,537Expenses 2018: $8,511,598Net Income 2018: $1,303,9392018Revenue 2019: $10,751,986Expenses 2019: $9,724,110Net Income 2019: $1,027,8762019Revenue 2020: $11,097,567Expenses 2020: $9,641,716Net Income 2020: $1,455,8512020Revenue 2021: $11,141,334Expenses 2021: $9,293,239Net Income 2021: $1,848,0952021Revenue 2022: $12,588,447Expenses 2022: $10,104,713Net Income 2022: $2,483,7342022Revenue 2023: $16,355,525Expenses 2023: $15,280,964Net Income 2023: $1,074,5612023Revenue 2024: $19,860,602Expenses 2024: $18,256,588Net Income 2024: $1,604,0142024

Highlighted filing

2015

Revenue$7,109,436
Expenses$5,360,360
Net Income$1,749,076
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$7,109,436
Mission and Program Overview

Mission

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$99,901,105$111,850,630▲ $11,949,525
Savings and Temporary Cash Investments$11,471,298$20,561,620▲ $9,090,322
Rtn Earn Endowment Incm Other Fnds$7,831,895$9,054,679▲ $1,222,784
Pd in Cap Srpls Land Bldg Eqp Fund$3,187,910$3,712,567▲ $524,657
Land, Buildings, and Equipment, Net$3,280,831$3,567,799▲ $286,968
Accounts Receivable$2,226,272$2,512,092▲ $285,820
Investments in Publicly Traded Securities$3,886,336$1,402,562▼ $2,483,774
Cash and Non-Interest-Bearing Accounts$775,717$810,112▲ $34,395
Prepaid Expenses and Deferred Charges$97,294$77,736▼ $19,558
Total Assets$123,485,685$142,817,180▲ $19,331,495
Other Assets Total$1,846,832$2,034,629▲ $187,797
Liabilities
Other Liabilities$104,168,900$126,469,717▲ $22,300,817
Accounts Payable and Accrued Expenses$1,630,280$2,080,217▲ $449,937
Mortgage Notes Payable Secured by Investment Property$6,666,700$1,500,000▼ $5,166,700
Total Liabilities$112,465,880$130,049,934▲ $17,584,054
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,019,805$12,767,246▲ $1,747,441
Total Liabilities and Net Assets / Fund Balance$123,485,685$142,817,180▲ $19,331,495

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,980,582$1,013,258$3,993,840
Equipment$252,610$1,214,680$1,467,290
Land$334,607-$334,607
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve FlammCEOFT$128,178$30,506$158,684
Jill Greene MathewExec VPFT$113,605$4,542$118,147

Board Members and Trustees

NameTitle
Betsy JepsenBoard Member
Dan KlineBoard Member
Darin ZahnBoard Member
Donna JacobsenBoard Member
Jordan VossBoard Member
Kip HeadleyBoard Member
Mary WardBoard Member
Matthew SchillingBoard Member
Randy BachmanBoard Member
Ron VernonBoard Member
Todd MendenhallBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,592,608
Investment Income
$516,828
Other Revenue
$0
Change in Net Assets
$1,749,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,109,436
Total Revenue per Audited Statements
$7,109,436
Total Revenue per Form 990
$7,109,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,443,415
Salaries, Compensation, and Employee Benefits$1,916,945
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,427,020
All Other Expenses---$581,856
Office Expenses---$355,000
Occupancy---$232,872
Other Expenses---$194,457
Other Employee Benefits---$169,930
Current Officers, Directors, Trustees, and Key Employees---$158,684
Depreciation Depletion---$154,240
Advertising---$126,096
Payroll Taxes---$116,342
Pension Plan Contributions---$44,969
Insurance---$37,959
Fees for Services Accounting---$17,040
Conferences and Meetings---$16,951
Fees for Services Legal---$5,683
Interest---$3,552
Total Functional Expenses$0$0$0$5,360,360

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,360,360
Total Expenses per Audited Statements$5,360,360
Total Expenses per Form 990$5,360,360
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$126,469,717
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“All depositors are considered members.”

Form 990, Page 6, Part VI, Line 7A

“The credit union members elect on an annual basis the members of the board of directors.”

Form 990, Page 6, Part VI, Line 7B

“Any proposed mergers must be approved by a majority of the membership.”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 12C

“The security matrix on the data processing system prohibits employees and directors from initiating transactions on all accounts listed on their conflict of interest disclosure statement, which is updated annually.”

Form 990, Page 6, Part VI, Line 15A

“The process for determining compensation for the ceo includes a comparison of compensation for similarly qualified persons in comparable positions, review and approval by the board of directors and is documented in the board minutes. The last review was conducted in december 2015.”

Form 990, Page 6, Part VI, Line 19

“The monthly financial statements are posted in the lobby and are updated on a monthly basis. The governing documents and conflict of interest policy are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Premier Credit Union
EIN
42-0127275
Phone
5152821611
Address
800 9TH STREET, DES MOINES, IA 50309-1202

Signing Officer

Name
Steve Flamm
Title
CEO
Phone
5152821611
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Flamm
Formed
1933
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
50
Volunteers
11

Preparer

Firm
Petersen & Associates
Address
506 E GOLD COAST RD STE 100, PAPILLION, NE 68046-4790
Preparer
Steven O Petersen
Phone
4023332800
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“N/A”

Form 990, Part IX, Line 24E

“Other professional servic 170,916 0 0 provision for loan loss 170,447 0 0 miscellaneous expense 108,914 0 0 website expense 81,189 0 0 state supervision fee 29,150 0 0 association dues 21,240 0 0”

Form 990, Part XI, Line 9

“Net change in investment valuation reserve -1,635 total -1,635”

Raw XML AppendixShowing 400 of 407 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc0DIVIDEND
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2CREDIT/DEBIT CARD EXPENSE
IRS990/OtherExpensesGrp/Desc3DATA PROCESSING
IRS990/OtherExpensesGrp/TotalAmt0652190
IRS990/OtherExpensesGrp/TotalAmt1550867
IRS990/OtherExpensesGrp/TotalAmt2514652
IRS990/OtherExpensesGrp/TotalAmt3194457
IRS990/OtherLiabilitiesGrp/BOYAmt0104168900
IRS990/OtherLiabilitiesGrp/EOYAmt0126469717
IRS990/OtherSalariesAndWagesGrp/TotalAmt01427020
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt099901105
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0111850630
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0116342
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt03187910
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03712567
IRS990/PensionPlanContributionsGrp/TotalAmt044969
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt097294
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt077736
IRS990/PrincipalOfficerNm0STEVE FLAMM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt04601841
IRS990/ProgramServiceRevenueGrp/ExclusionAmt11168754
IRS990/ProgramServiceRevenueGrp/ExclusionAmt2822013
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04601841
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11168754
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2822013
IRS990/ProgSrvcAccomActyOtherGrp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0328211
IRS990/PYOtherExpensesAmt03150477
IRS990/PYProgramServiceRevenueAmt05895749
IRS990/PYRevenuesLessExpensesAmt01338803
IRS990/PYSalariesCompEmpBnftPaidAmt01734680
IRS990/PYTotalExpensesAmt04885157
IRS990/PYTotalRevenueAmt06223960
IRS990/ReconcilationRevenueExpnssAmt01749076
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07831895
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09054679
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011471298
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020561620
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02980582
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01013258
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03993840
IRS990ScheduleD/EquipmentGrp/BookValueAmt0252610
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01214680
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01467290
IRS990ScheduleD/ExpensesSubtotalAmt05360360
IRS990ScheduleD/LandGrp/BookValueAmt0334607
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0334607
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0126469717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt07109436
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03567799
IRS990ScheduleD/TotalExpensesPerForm990Amt05360360
IRS990ScheduleD/TotalLiabilityAmt0126469717
IRS990ScheduleD/TotalRevenuePerForm990Amt07109436
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07109436
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05360360
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0128178
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount020100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04806
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt05600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVE FLAMM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0158684
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DEPOSITORS ARE CONSIDERED MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION MEMBERS ELECT ON AN ANNUAL BASIS THE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY PROPOSED MERGERS MUST BE APPROVED BY A MAJORITY OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SECURITY MATRIX ON THE DATA PROCESSING SYSTEM PROHIBITS EMPLOYEES AND DIRECTORS FROM INITIATING TRANSACTIONS ON ALL ACCOUNTS LISTED ON THEIR CONFLICT OF INTEREST DISCLOSURE STATEMENT, WHICH IS UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES A COMPARISON OF COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS, REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN THE BOARD MINUTES. THE LAST REVIEW WAS CONDUCTED IN DECEMBER 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AND ARE UPDATED ON A MONTHLY BASIS. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER PROFESSIONAL SERVIC 170,916 0 0 PROVISION FOR LOAN LOSS 170,447 0 0 MISCELLANEOUS EXPENSE 108,914 0 0 WEBSITE EXPENSE 81,189 0 0 STATE SUPERVISION FEE 29,150 0 0 ASSOCIATION DUES 21,240 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NET CHANGE IN INVESTMENT VALUATION RESERVE -1,635 TOTAL -1,635
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0PREMIER LENDING ALLIANCE
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0264261029
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt04520802
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0MRTG ORIG.
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0382609
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt08450 HICKMAN ROAD SUITE A
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CLIVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd050325
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0123485685
IRS990/TotalAssetsEOYAmt0142817180
IRS990/TotalAssetsGrp/BOYAmt0123485685
IRS990/TotalAssetsGrp/EOYAmt0142817180
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt050
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05360360
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0112465880
IRS990/TotalLiabilitiesEOYAmt0130049934
IRS990/TotalLiabilitiesGrp/BOYAmt0112465880
IRS990/TotalLiabilitiesGrp/EOYAmt0130049934
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011019805
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012767246
IRS990/TotalOtherCompensationAmt09348
IRS990/TotalProgramServiceRevenueAmt06592608
IRS990/TotalReportableCompFromOrgAmt0267483
IRS990/TotalRevenueGrp/ExclusionAmt07109436
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07109436
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0123485685
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0142817180
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0800 9TH STREET
IRS990/USAddress/CityNm0DES MOINES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd0503091202
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.PREMIERCU.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE FLAMM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05152821611
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PREMIER CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0PREM
ReturnHeader/Filer/EIN0420127275
ReturnHeader/Filer/PhoneNum05152821611
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 9TH STREET
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd0503091202
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470749138
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PETERSEN & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0506 E GOLD COAST RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PAPILLION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0680464790
ReturnHeader/PreparerPersonGrp/PhoneNum04023332800

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,817,180
Liabilities
$130,049,934
Net assets
$12,767,246
Revenue
$7,109,436
Expenses
$5,360,360
Net income
$1,749,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$339$309$30.2$19.9$18.3$1.60
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$303$277$25.6$16.4$15.3$1.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$287$263$24.4$12.6$10.1$2.48
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$265$243$22.2$11.1$9.29$1.85
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$258$238$20.3$11.1$9.64$1.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$208$189$18.9$10.8$9.72$1.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$197$179$17.8$9.82$8.51$1.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$186$169$16.5$9.14$7.38$1.76
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$171$156$14.8$8.08$6.08$2.00
2015Detailed filing. Detailed filing data is available for this year.$143$130$12.8$7.11$5.36$1.75
2014Detailed filing. Detailed filing data is available for this year.$123$112$11.0$6.22$4.89$1.34
2013Detailed filing. Detailed filing data is available for this year.$110$101$9.68$5.84$5.06$0.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$93.0$8.90$5.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$97.1$88.9$8.20$5.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.2$87.2$8.04$5.11