Civic Intelligence

River Community Credit Union

EIN 42-0453085 • 501(c)14 • Ottumwa, IA

Profile

Provide financial services to members including deposit and loan programs

644 West Second StreetOttumwa, IA 52501

rivercommunitycu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.84x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

25th percentile

12.79x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

39th percentile

$105,027

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Asset Growth

32nd percentile

-1.6%

Faster asset growth than 32% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

35th percentile

4.5%

Faster revenue growth than 35% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Down

$29,088,923

Down $485,753 (-1.6%) from 2024

Liabilities

Down

$24,494,525

Down $884,957 (-3.5%) from 2024

Net Assets

Up

$4,594,398

Up $399,204 (+9.5%) from 2024

Revenue

Up

$1,915,692

Up $82,206 (+4.5%) from 2024

Expenses

Up

$1,516,488

Up $27,075 (+1.8%) from 2024

Net Income

Up

$399,204

Up $55,131 (+16%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $12,849,019Liabilities 2010: $10,597,598Net Assets 2010: $2,251,4212010Assets 2012: $17,565,309Liabilities 2012: $15,192,376Net Assets 2012: $2,372,9332012Assets 2013: $17,598,435Liabilities 2013: $15,238,375Net Assets 2013: $2,360,0602013Assets 2014: $17,305,224Liabilities 2014: $14,918,284Net Assets 2014: $2,386,9402014Assets 2015: $17,698,124Liabilities 2015: $15,287,772Net Assets 2015: $2,410,3522015Assets 2016: $16,098,885Liabilities 2016: $13,613,804Net Assets 2016: $2,485,0812016Assets 2017: $16,984,030Liabilities 2017: $14,355,434Net Assets 2017: $2,628,5962017Assets 2018: $19,163,892Liabilities 2018: $16,402,807Net Assets 2018: $2,761,0852018Assets 2019: $18,647,108Liabilities 2019: $15,696,253Net Assets 2019: $2,950,8552019Assets 2020: $22,743,388Liabilities 2020: $19,562,834Net Assets 2020: $3,180,5542020Assets 2021: $24,868,449Liabilities 2021: $21,527,223Net Assets 2021: $3,341,2262021Assets 2022: $25,701,753Liabilities 2022: $22,225,812Net Assets 2022: $3,475,9412022Assets 2023: $28,899,207Liabilities 2023: $25,048,086Net Assets 2023: $3,851,1212023Assets 2024: $29,574,676Liabilities 2024: $25,379,482Net Assets 2024: $4,195,1942024Assets 2025: $29,088,923Liabilities 2025: $24,494,525Net Assets 2025: $4,594,3982025

Highlighted filing

2025

Assets$29,088,923
Liabilities$24,494,525
Net Assets$4,594,398

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $665,1732010Expenses 2012: $729,5702012Revenue 2013: $672,526Expenses 2013: $685,399Net Income 2013: -$12,8732013Revenue 2014: $721,351Expenses 2014: $694,469Net Income 2014: $26,8822014Revenue 2015: $750,367Expenses 2015: $726,955Net Income 2015: $23,4122015Revenue 2016: $785,929Expenses 2016: $710,829Net Income 2016: $75,1002016Revenue 2017: $872,645Expenses 2017: $737,469Net Income 2017: $135,1762017Revenue 2018: $1,015,434Expenses 2018: $869,688Net Income 2018: $145,7462018Revenue 2019: $1,130,208Expenses 2019: $940,438Net Income 2019: $189,7702019Revenue 2020: $1,158,972Expenses 2020: $929,273Net Income 2020: $229,6992020Revenue 2021: $1,185,685Expenses 2021: $1,025,013Net Income 2021: $160,6722021Revenue 2022: $1,176,087Expenses 2022: $1,041,372Net Income 2022: $134,7152022Revenue 2023: $1,572,380Expenses 2023: $1,268,734Net Income 2023: $303,6462023Revenue 2024: $1,833,486Expenses 2024: $1,489,413Net Income 2024: $344,0732024Revenue 2025: $1,915,692Expenses 2025: $1,516,488Net Income 2025: $399,2042025

Highlighted filing

2025

Revenue$1,915,692
Expenses$1,516,488
Net Income$399,204

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.1$24.5$4.59$1.92$1.52$0.40
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.6$25.4$4.20$1.83$1.49$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$25.0$3.85$1.57$1.27$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.7$22.2$3.48$1.18$1.04$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.9$21.5$3.34$1.19$1.03$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.7$19.6$3.18$1.16$0.93$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$15.7$2.95$1.13$0.94$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$16.4$2.76$1.02$0.87$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.0$14.4$2.63$0.87$0.74$0.14
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$13.6$2.49$0.79$0.71$0.08
2015Detailed filing. Detailed filing data is available for this year.$17.7$15.3$2.41$0.75$0.73$0.02
2014Detailed filing. Detailed filing data is available for this year.$17.3$14.9$2.39$0.72$0.69$0.03
2013Detailed filing. Detailed filing data is available for this year.$17.6$15.2$2.36$0.67$0.69$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$15.2$2.37$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$10.6$2.25$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Jan 16, 2025
Return Version
2025v4.0
Gross Receipts
$1,915,692
Mission and Program Overview

Mission

Provide financial services to members including deposit and loan programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$20,354,488$20,270,921▼ $83,567
Savings and Temporary Cash Investments$7,052,045$6,662,256▼ $389,789
Rtn Earn Endowment Incm Other Fnds$3,000,675$3,345,709▲ $345,034
Cash and Non-Interest-Bearing Accounts$1,424,972$1,370,738▼ $54,234
Pd in Cap Srpls Land Bldg Eqp Fund$1,194,519$1,248,689▲ $54,170
Accounts Receivable$281,717$291,356▲ $9,639
Land, Buildings, and Equipment, Net$82,973$143,817▲ $60,844
Prepaid Expenses and Deferred Charges$74,015$53,669▼ $20,346
Total Assets$29,574,676$29,088,923▼ $485,753
Other Assets Total$304,466$296,166▼ $8,300
Liabilities
Other Liabilities$25,263,396$24,385,268▼ $878,128
Accounts Payable and Accrued Expenses$116,086$109,257▼ $6,829
Total Liabilities$25,379,482$24,494,525▼ $884,957
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,195,194$4,594,398▲ $399,204
Total Liabilities and Net Assets / Fund Balance$29,574,676$29,088,923▼ $485,753

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$108,275$286,530$394,805
Equipment$20,042$305,156$325,198
Land$15,500-$15,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nathan BissellCEOFT$105,027$105,027

Board Members and Trustees

NameTitle
Herb GreenfieldChair
Patricia MeyerChair Audit
Dave McmillinPresident
Brad PayneVice-chairpe
R Brian MorganAudit Commit
Vicki HarterAudit Commit
Jeff BoxCredit Comm
Jd WheatonCredit Commi
Deanne FearSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,271,518
Investment Income
$350,773
Other Revenue
$293,401
Change in Net Assets
$399,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,090,298
Salaries, Compensation, and Employee Benefits$426,190
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$251,920--$251,920
Fees for Services Accounting$239,452--$239,452
Current Officers, Directors, Trustees, and Key Employees-$105,027-$105,027
Office Expenses$94,825--$94,825
Other Expenses$49,853--$49,853
Other Employee Benefits$42,517--$42,517
Occupancy$37,507--$37,507
Payroll Taxes$26,726--$26,726
Advertising$25,784--$25,784
All Other Expenses$4,363--$4,363
Conferences and Meetings$1,428--$1,428
Total Functional Expenses$1,411,461$105,027$0$1,516,488
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
Primary$10,726,548
Certificates$8,236,924
Share Drafts$3,463,877
Ira Shares$1,957,919
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Management reviews and approves form 990 before it is submitted to the irs.

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

Monitored by ceo and reported to board of directors if a conflict is found

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

All salaries are determined by the board of directors

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

All salaries are determined by the board of directors

Form 990, Page 6, Part VI, Line 19

Posted within the credit union building accessible to public

Filing and Contact Details

Filer

Filer Name
River Community Credit Union
EIN
42-0453085
Phone
6416846302
Address
644 WEST SECOND STREET, OTTUMWA, IA 52501

Signing Officer

Name
Nathan Bissell
Title
CEO
Phone
6416846302
Signed
2025-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Bissell
Formed
1928
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
6

Preparer

Firm
Anderson Larkin & Co Pc
Address
221 N WAPELLO, OTTUMWA, IA 52501
Preparer
Adam Sturm
Phone
6416845489
Supplemental Narrative

Additional Explanations

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

Provide financial services to members including deposit and loan programs

Raw XML Appendix358 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.

Path#Value
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020354488
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt020270921
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt026726
IRS990/PayrollTaxesGrp/TotalAmt026726
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01194519
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01248689
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt074015
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053669
IRS990/PrincipalOfficerNm0NATHAN BISSELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0LOAN AND CREDIT CARD INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01271518
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01271518
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE FINANCIAL SERVICES TO MEMBERS INCLUDING DEPOSIT AND LOAN PROGRAMS
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0333791
IRS990/PYOtherExpensesAmt01104880
IRS990/PYOtherRevenueAmt0301378
IRS990/PYProgramServiceRevenueAmt01198317
IRS990/PYRevenuesLessExpensesAmt0344073
IRS990/PYSalariesCompEmpBnftPaidAmt0384533
IRS990/PYTotalExpensesAmt01489413
IRS990/PYTotalRevenueAmt01833486
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0399204
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03000675
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03345709
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07052045
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06662256
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0108275
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0286530
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0394805
IRS990ScheduleD/EquipmentGrp/BookValueAmt020042
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0305156
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0325198
IRS990ScheduleD/LandGrp/BookValueAmt015500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010726548
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18236924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23463877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31957919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PRIMARY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3IRA SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0143817
IRS990ScheduleD/TotalLiabilityAmt024385268
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE FINANCIAL SERVICES TO MEMBERS INCLUDING DEPOSIT AND LOAN PROGRAMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS AND APPROVES FORM 990 BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORED BY CEO AND REPORTED TO BOARD OF DIRECTORS IF A CONFLICT IS FOUND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL SALARIES ARE DETERMINED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL SALARIES ARE DETERMINED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POSTED WITHIN THE CREDIT UNION BUILDING ACCESSIBLE TO PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt029574676
IRS990/TotalAssetsEOYAmt029088923
IRS990/TotalAssetsGrp/BOYAmt029574676
IRS990/TotalAssetsGrp/EOYAmt029088923
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105027
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01411461
IRS990/TotalFunctionalExpensesGrp/TotalAmt01516488
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025379482
IRS990/TotalLiabilitiesEOYAmt024494525
IRS990/TotalLiabilitiesGrp/BOYAmt025379482
IRS990/TotalLiabilitiesGrp/EOYAmt024494525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04195194
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04594398
IRS990/TotalProgramServiceRevenueAmt01271518
IRS990/TotalReportableCompFromOrgAmt0105027
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01915692
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01915692
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt029574676
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt029088923
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0RIVERCOMMUNITYCU.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NATHAN BISSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06416846302
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVER COMMUNITY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0420453085
ReturnHeader/Filer/PhoneNum06416846302
ReturnHeader/Filer/USAddress/AddressLine1Txt0644 WEST SECOND STREET
ReturnHeader/Filer/USAddress/CityNm0OTTUMWA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421125570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSON LARKIN & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0221 N WAPELLO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OTTUMWA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052501
ReturnHeader/PreparerPersonGrp/PhoneNum06416845489
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM STURM
ReturnHeader/ReturnTs02026-02-12T12:17:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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