Civic Intelligence

First Class Community Credit Union

990 • Fiscal year 2023 • EIN 42-0214790

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 25, 2024

Organization ProfileWWW.GOFIRSTCLASS.ORG

View Organization Page

2051 Westown ParkwayWest Des Moines, IA 50265

(515) 224-4300

Siviq Scores

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

Liabilities / Assets

95th percentile

0.93x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

18.32x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Net Margin

42nd percentile

11%

Higher net margin than 42% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$183,995

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Asset Growth

19th percentile

-6.1%

Faster asset growth than 19% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

8.4%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$93,363,952

Down $6,014,953 (-6.1%) from 2022

Net Assets

Up

$6,122,120

Up $1,559,396 (+34%) from 2022

Liabilities

Down

$87,241,832

Down $7,574,349 (-8.0%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin42nd percentile

Revenue

Up

$4,761,310

Up $370,896 (+8.4%) from 2022

Expenses

Up

$4,229,685

Up $199,987 (+5.0%) from 2022

Net Income

Up

$531,625

Up $170,909 (+47%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$150M$100M$50M$0Assets 2010: $53,626,187Liabilities 2010: $48,161,909Net Assets 2010: $5,464,2782010Assets 2011: $57,996,502Liabilities 2011: $52,435,822Net Assets 2011: $5,560,6802011Assets 2012: $63,482,542Liabilities 2012: $57,723,350Net Assets 2012: $5,759,1922012Assets 2014: $65,889,763Liabilities 2014: $59,686,043Net Assets 2014: $6,203,7202014Assets 2015: $70,778,764Liabilities 2015: $64,504,260Net Assets 2015: $6,274,5042015Assets 2016: $74,358,191Liabilities 2016: $68,161,403Net Assets 2016: $6,196,7882016Assets 2017: $73,773,178Liabilities 2017: $67,409,339Net Assets 2017: $6,363,8392017Assets 2018: $76,769,620Liabilities 2018: $69,963,092Net Assets 2018: $6,806,5282018Assets 2019: $79,791,069Liabilities 2019: $72,666,588Net Assets 2019: $7,124,4812019Assets 2020: $93,065,481Liabilities 2020: $85,797,450Net Assets 2020: $7,268,0312020Assets 2021: $100,427,061Liabilities 2021: $93,527,079Net Assets 2021: $6,899,9822021Assets 2022: $99,378,905Liabilities 2022: $94,816,181Net Assets 2022: $4,562,7242022Assets 2023: $93,363,952Liabilities 2023: $87,241,832Net Assets 2023: $6,122,1202023Assets 2024: $94,426,306Liabilities 2024: $87,110,947Net Assets 2024: $7,315,3592024

Highlighted filing

2023

Assets$93,363,952
Liabilities$87,241,832
Net Assets$6,122,120
Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $4,400,1602010Expenses 2011: $3,428,4782011Expenses 2012: $3,338,0562012Revenue 2014: $3,674,766Expenses 2014: $3,412,246Net Income 2014: $262,5202014Revenue 2015: $3,808,349Expenses 2015: $3,742,589Net Income 2015: $65,7602015Revenue 2016: $3,594,038Expenses 2016: $3,488,983Net Income 2016: $105,0552016Revenue 2017: $3,732,106Expenses 2017: $3,565,838Net Income 2017: $166,2682017Revenue 2018: $4,082,166Expenses 2018: $3,773,201Net Income 2018: $308,9652018Revenue 2019: $4,462,839Expenses 2019: $4,228,044Net Income 2019: $234,7952019Revenue 2020: $4,247,644Expenses 2020: $4,134,034Net Income 2020: $113,6102020Revenue 2021: $4,085,344Expenses 2021: $3,976,393Net Income 2021: $108,9512021Revenue 2022: $4,390,414Expenses 2022: $4,029,698Net Income 2022: $360,7162022Revenue 2023: $4,761,310Expenses 2023: $4,229,685Net Income 2023: $531,6252023Revenue 2024: $4,799,945Expenses 2024: $4,410,729Net Income 2024: $389,2162024

Highlighted filing

2023

Revenue$4,761,310
Expenses$4,229,685
Net Income$531,625
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 25, 2024
Return Version
2023v5.0
Gross Receipts
$4,761,310
Mission and Program Overview

Mission

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$39,830,956$42,480,788▲ $2,649,832
Investments in Publicly Traded Securities$31,276,873$27,092,268▼ $4,184,605
Savings and Temporary Cash Investments$22,767,852$16,886,735▼ $5,881,117
Pd in Cap Srpls Land Bldg Eqp Fund$5,744,799$5,757,639▲ $12,840
Land, Buildings, and Equipment, Net$853,749$2,207,641▲ $1,353,892
Cash and Non-Interest-Bearing Accounts$938,703$1,092,135▲ $153,432
Rtn Earn Endowment Incm Other Fnds$-1,182,075$364,481▲ $1,546,556
Prepaid Expenses and Deferred Charges$427,773$313,836▼ $113,937
Accounts Receivable$155,364$173,630▲ $18,266
Total Assets$99,378,905$93,363,952▼ $6,014,953
Other Assets Total$3,127,635$3,116,919▼ $10,716
Liabilities
Other Liabilities$93,784,388$86,163,858▼ $7,620,530
Accounts Payable and Accrued Expenses$1,031,793$1,077,974▲ $46,181
Total Liabilities$94,816,181$87,241,832▼ $7,574,349
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,562,724$6,122,120▲ $1,559,396
Total Liabilities and Net Assets / Fund Balance$99,378,905$93,363,952▼ $6,014,953

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,591,004$1,532,269$3,123,273
Land$461,632-$461,632
Equipment$155,005$212,689$367,694
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Zac PollockCEOFT$134,258$49,737$183,995

Board Members and Trustees

NameTitle
Brad JacobsonBoard Member
Carol CowlingBoard Member
Craig DosterBoard Member
Gary OlsonBoard Member
James GearhartBoard Member
Lance ColesBoard Member
Larry MooreBoard Member
Marc SwansonBoard Member
Randy PelhamBoard Member
Ruth DowneyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,981,298
Investment Income
$780,012
Other Revenue
$0
Change in Net Assets
$531,625

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,761,310
Total Revenue per Audited Statements
$4,761,310
Total Revenue per Form 990
$4,761,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,885,536
Salaries, Compensation, and Employee Benefits$1,344,149
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,087,599
All Other Expenses---$553,579
Office Expenses---$300,431
Other Expenses---$268,584
Occupancy---$153,546
Other Employee Benefits---$122,024
Depreciation Depletion---$104,118
Payroll Taxes---$83,021
Advertising---$56,993
Pension Plan Contributions---$51,505
Insurance---$36,778
Conferences and Meetings---$33,012
Fees for Services Accounting---$28,244
Fees for Services Legal---$20,096
Total Functional Expenses$0$0$0$4,229,685

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,229,685
Total Expenses per Audited Statements$4,229,685
Total Expenses per Form 990$4,229,685
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$86,163,858
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 2023.”

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
First Class Community Credit Union
EIN
42-0214790
Phone
5152244300
Address
2051 WESTOWN PARKWAY, WEST DES MOINES, IA 50265

Signing Officer

Name
Zac Pollock
Title
CEO
Phone
5152244300
Signed
2024-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zac Pollock
Formed
1925
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
28
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 192,558 0 0 miscellaneous 169,049 0 0 provision for loan loss 157,150 0 0 state exam fees 24,000 0 0 association dues 10,822 0 0 total 553,579 0 0”

Form 990, Part XI, Line 9

“Net change in investment valuation reserve 1,196,086 cecl adjustment -168,315 total 1,027,771”

Raw XML Appendix384 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/ProgramServiceRevenueGrp/ExclusionAmt02226825
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1962998
IRS990/ProgramServiceRevenueGrp/ExclusionAmt2791475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02226825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1962998
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2791475
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IRS990/PYInvestmentIncomeAmt0583837
IRS990/PYOtherExpensesAmt02838630
IRS990/PYProgramServiceRevenueAmt03806577
IRS990/PYRevenuesLessExpensesAmt0360716
IRS990/PYSalariesCompEmpBnftPaidAmt01191068
IRS990/PYTotalExpensesAmt04029698
IRS990/PYTotalRevenueAmt04390414
IRS990/ReconcilationRevenueExpnssAmt0531625
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1182075
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0364481
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022767852
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016886735
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01591004
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01532269
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03123273
IRS990ScheduleD/EquipmentGrp/BookValueAmt0155005
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0212689
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0367694
IRS990ScheduleD/ExpensesSubtotalAmt04229685
IRS990ScheduleD/LandGrp/BookValueAmt0461632
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0461632
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086163858
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt04761310
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02207641
IRS990ScheduleD/TotalExpensesPerForm990Amt04229685
IRS990ScheduleD/TotalLiabilityAmt086163858
IRS990ScheduleD/TotalRevenuePerForm990Amt04761310
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04761310
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04229685
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0134258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt027888
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017529
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt04320
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ZAC POLLOCK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0183995
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 2023.
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 192,558 0 0 MISCELLANEOUS 169,049 0 0 PROVISION FOR LOAN LOSS 157,150 0 0 STATE EXAM FEES 24,000 0 0 ASSOCIATION DUES 10,822 0 0 TOTAL 553,579 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NET CHANGE IN INVESTMENT VALUATION RESERVE 1,196,086 CECL ADJUSTMENT -168,315 TOTAL 1,027,771
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt099378905
IRS990/TotalAssetsEOYAmt093363952
IRS990/TotalAssetsGrp/BOYAmt099378905
IRS990/TotalAssetsGrp/EOYAmt093363952
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04229685
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt094816181
IRS990/TotalLiabilitiesEOYAmt087241832
IRS990/TotalLiabilitiesGrp/BOYAmt094816181
IRS990/TotalLiabilitiesGrp/EOYAmt087241832
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04562724
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06122120
IRS990/TotalOtherCompensationAmt045417
IRS990/TotalProgramServiceRevenueAmt03981298
IRS990/TotalReportableCompFromOrgAmt0138578
IRS990/TotalRevenueGrp/ExclusionAmt04761310
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04761310
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt099378905
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt093363952
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02051 WESTOWN PARKWAY
IRS990/USAddress/CityNm0DES MOINES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050265
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.GOFIRSTCLASS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ZAC POLLOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05152244300
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST CLASS COMMUNITY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0420214790
ReturnHeader/Filer/PhoneNum05152244300
ReturnHeader/Filer/USAddress/AddressLine1Txt02051 WESTOWN PARKWAY
ReturnHeader/Filer/USAddress/CityNm0WEST DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050265
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
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
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN O PETERSEN
ReturnHeader/ReturnTs02024-05-07T18:13:53-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ZAC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POLLOCK
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$93,363,952
Liabilities
$87,241,832
Net assets
$6,122,120
Revenue
$4,761,310
Expenses
$4,229,685
Net income
$531,625
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$94.4$87.1$7.32$4.80$4.41$0.39
2023Detailed filing. Detailed filing data is available for this year.$93.4$87.2$6.12$4.76$4.23$0.53
2022Detailed filing. Detailed filing data is available for this year.$99.4$94.8$4.56$4.39$4.03$0.36
2021Detailed filing. Detailed filing data is available for this year.$100$93.5$6.90$4.09$3.98$0.11
2020Detailed filing. Detailed filing data is available for this year.$93.1$85.8$7.27$4.25$4.13$0.11
2019Detailed filing. Detailed filing data is available for this year.$79.8$72.7$7.12$4.46$4.23$0.23
2018Detailed filing. Detailed filing data is available for this year.$76.8$70.0$6.81$4.08$3.77$0.31
2017Detailed filing. Detailed filing data is available for this year.$73.8$67.4$6.36$3.73$3.57$0.17
2016Detailed filing. Detailed filing data is available for this year.$74.4$68.2$6.20$3.59$3.49$0.11
2015Detailed filing. Detailed filing data is available for this year.$70.8$64.5$6.27$3.81$3.74$0.07
2014Detailed filing. Detailed filing data is available for this year.$65.9$59.7$6.20$3.67$3.41$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.5$57.7$5.76$3.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.0$52.4$5.56$3.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.6$48.2$5.46$4.40