Civic Intelligence

Lennox Employees Credit Union

990 • Fiscal year 2020 • EIN 42-0672110

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

Organization ProfileWWW.LENNOXECU.COM

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1004 E Main StMarshalltown, IA 50158

(641) 754-4501

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.89x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

25.56x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Net Margin

11th percentile

-1.2%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

24th percentile

$118,402

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Asset Growth

96th percentile

28%

Faster asset growth than 96% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-4.7%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$58,058,846

Up $12,585,496 (+28%) from 2019

Net Assets

Up

$6,196,643

Up $183,530 (+3.1%) from 2019

Liabilities

Up

$51,862,203

Up $12,401,966 (+31%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin11th percentile

Revenue

Down

$2,028,974

Down $99,326 (-4.7%) from 2019

Expenses

Up

$2,052,312

Up $103,649 (+5.3%) from 2019

Net Income

Down

-$23,338

Down $202,975 (-113%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$80M$60M$40M$20M$0Assets 2011: $33,483,441Liabilities 2011: $28,235,671Net Assets 2011: $5,247,7702011Assets 2012: $35,494,334Liabilities 2012: $30,101,724Net Assets 2012: $5,392,6102012Assets 2013: $35,781,720Liabilities 2013: $30,478,619Net Assets 2013: $5,303,1012013Assets 2014: $36,802,937Liabilities 2014: $31,532,352Net Assets 2014: $5,270,5852014Assets 2015: $37,920,112Liabilities 2015: $32,515,864Net Assets 2015: $5,404,2482015Assets 2016: $38,726,873Liabilities 2016: $33,197,355Net Assets 2016: $5,529,5182016Assets 2017: $40,578,284Liabilities 2017: $34,904,151Net Assets 2017: $5,674,1332017Assets 2018: $43,889,016Liabilities 2018: $38,410,951Net Assets 2018: $5,478,0652018Assets 2019: $45,473,350Liabilities 2019: $39,460,237Net Assets 2019: $6,013,1132019Assets 2020: $58,058,846Liabilities 2020: $51,862,203Net Assets 2020: $6,196,6432020Assets 2021: $62,651,164Liabilities 2021: $56,890,139Net Assets 2021: $5,761,0252021Assets 2022: $60,676,227Liabilities 2022: $56,162,663Net Assets 2022: $4,513,5642022Assets 2023: $61,173,419Liabilities 2023: $56,284,352Net Assets 2023: $4,889,0672023Assets 2024: $66,745,884Liabilities 2024: $60,990,651Net Assets 2024: $5,755,2332024

Highlighted filing

2020

Assets$58,058,846
Liabilities$51,862,203
Net Assets$6,196,643
Open 2020 Filing

Operations Trend

Revenue Growth44th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,340,1312011Expenses 2012: $1,359,4012012Revenue 2013: $1,339,418Expenses 2013: $1,426,266Net Income 2013: -$86,8482013Revenue 2014: $1,264,552Expenses 2014: $1,297,539Net Income 2014: -$32,9872014Revenue 2015: $1,483,108Expenses 2015: $1,349,154Net Income 2015: $133,9542015Revenue 2016: $1,606,864Expenses 2016: $1,480,180Net Income 2016: $126,6842016Revenue 2017: $1,762,611Expenses 2017: $1,617,341Net Income 2017: $145,2702017Revenue 2018: $1,981,668Expenses 2018: $1,971,074Net Income 2018: $10,5942018Revenue 2019: $2,128,300Expenses 2019: $1,948,663Net Income 2019: $179,6372019Revenue 2020: $2,028,974Expenses 2020: $2,052,312Net Income 2020: -$23,3382020Revenue 2021: $2,092,613Expenses 2021: $2,169,079Net Income 2021: -$76,4662021Revenue 2022: $2,271,982Expenses 2022: $2,134,516Net Income 2022: $137,4662022Revenue 2023: $2,723,968Expenses 2023: $2,716,037Net Income 2023: $7,9312023Revenue 2024: $3,693,807Expenses 2024: $3,249,648Net Income 2024: $444,1592024

Highlighted filing

2020

Revenue$2,028,974
Expenses$2,052,312
Net Income-$23,338
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.0
Gross Receipts
$2,088,748
Mission and Program Overview

Mission

To create a source of credit at a fair and reasonable rate of interest, encourage habits of thrift among our members, and provide an opportunity for our members to use and control their own money on a democratic basis in order to improve their economic and social condition.

Our mission is to offer financial services to lennox employees, their families, and to select employee groups and their families, who are credit union members. We will accomplish this by offering on a financially sound, perpetual basis, affordable borrowing and savings opportunities, striving to offer the lowest possible rates on loans and the best possible returns on savings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$27,345,996$27,587,973▲ $241,977
Savings and Temporary Cash Investments$4,532,938$13,999,517▲ $9,466,579
Investments in Publicly Traded Securities$11,065,000$13,663,260▲ $2,598,260
Rtn Earn Endowment Incm Other Fnds$6,013,113$6,196,643▲ $183,530
Land, Buildings, and Equipment, Net$955,608$925,776▼ $29,832
Cash and Non-Interest-Bearing Accounts$535,464$609,688▲ $74,224
Investments Program Related$161,811$589,979▲ $428,168
Prepaid Expenses and Deferred Charges$115,180$68,583▼ $46,597
Accounts Receivable$3,760$4,333▲ $573
Total Assets$45,473,350$58,058,846▲ $12,585,496
Other Assets Total$757,593$609,737▼ $147,856
Liabilities
Other Liabilities$39,362,732$51,699,746▲ $12,337,014
Accounts Payable and Accrued Expenses$97,505$162,457▲ $64,952
Total Liabilities$39,460,237$51,862,203▲ $12,401,966
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,013,113$6,196,643▲ $183,530
Total Liabilities and Net Assets / Fund Balance$45,473,350$58,058,846▲ $12,585,496

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$684,991$484,009$1,169,000
Equipment$156,223$209,186$365,409
Land$84,562-$84,562
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carl MundthPresident/ceFT$82,810$35,592$118,402
Shannon PickettVP AccountinFT$60,655$5,849$66,504

Board Members and Trustees

NameTitle
Toby BrimmerChair
Tyler GerdesVice Chair
Andy SchwandtDirector
Carol FullerDirector
Diane CoxDirector
Steve StahlDirector
Travis KeelerDirector
Walker StewardDirector
William MassDirector
Janette OetkerSecretary
Debra KerrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,758,015
Investment Income
$261,844
Other Revenue
$9,115
Change in Net Assets
$-23,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,259,602
Salaries, Compensation, and Employee Benefits$789,710
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$467,664
Office Expenses---$313,246
Current Officers, Directors, Trustees, and Key Employees---$143,465
Information Technology---$116,325
Other Employee Benefits---$95,448
Advertising---$94,354
Other Expenses---$54,806
Depreciation Depletion---$54,530
Occupancy---$46,396
Payroll Taxes---$44,759
Pension Plan Contributions---$38,374
Insurance---$32,196
Fees for Services Accounting---$31,387
Conferences and Meetings---$27,535
Fees for Services Legal---$7,961
Fees for Services Other---$5,882
Grants to Domestic Individuals---$3,000
Total Functional Expenses$0$0$0$2,052,312
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
Membere Shares & Deposits$51,699,746
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
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

“The organization has members. To be a member one must have a share (savings) account at the credit union.”

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

“The board of directors is elected by the credit union members. Each member has one vote.”

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

“A member vote is required for decisions which are beyond the authority of the board of directors. Items which require a membership vote are outlined and specified in our bylaws. Each member has one vote.”

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

“Management provides necessary data to independent cpa who completes the return. Management reviews the return for accuracy, and then authorizes the cpa to e-file the approved return.”

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

“The executive committee of the board of directos reviews comparability data to determine the salary increase and any bonus for the ceo/president. This is presented to the full board for approval and is included in the minutes.”

Form 990, Page 6, Part VI, Line 19

“Financial statements are posted in the lobby of the credit union.”

Filing and Contact Details

Filer

Filer Name
Lennox Employees Credit Union
EIN
42-0672110
Phone
6417544501
Address
1004 E MAIN ST, MARSHALLTOWN, IA 50158

Signing Officer

Name
Carl Mundth
Title
President/CEO
Phone
6417544501
Signed
2021-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carl Mundth
Formed
1948
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
19
Volunteers
11

Preparer

Firm
Brent Wookey CPA
Address
PO BOX 1512, LA CROSSE, WI 54602-1512
Preparer
Brent Wookey CPA
Phone
6087920843
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Our mission is to offer financial services to lennox employees, their families, and to select employee groups and their families, who are credit union members. We will accomplish this by offering on a financially sound, perpetual basis, affordable borrowing and savings opportunities, striving to offer the lowest possible rates on loans and the best possible returns on savings.”

Form 990, Part XI, Line 9

“Prior year misc equity item clearing -1,618”

Raw XML Appendix398 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/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt06196643
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-13815
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-13815
IRS990/NetUnrlzdGainsLossesInvstAmt0208486
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IRS990/OccupancyGrp/TotalAmt046396
IRS990/OfficeExpensesGrp/TotalAmt0313246
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0757593
IRS990/OtherAssetsTotalGrp/EOYAmt0609737
IRS990/OtherChangesInNetAssetsAmt0-1618
IRS990/OtherEmployeeBenefitsGrp/TotalAmt095448
IRS990/OtherExpensesGrp/Desc0DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc1DEBIT CARD EXPENSE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING EXP
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IRS990/OtherExpensesGrp/TotalAmt199900
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IRS990/OtherExpensesGrp/TotalAmt354806
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IRS990/OtherLiabilitiesGrp/EOYAmt051699746
IRS990/OtherOrganizationDsc0CREDIT UNION
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt027345996
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt027587973
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt044759
IRS990/PensionPlanContributionsGrp/TotalAmt038374
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0115180
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068583
IRS990/PrincipalOfficerNm0CARL MUNDTH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
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IRS990/ProgramServiceRevenueGrp/BusinessCd3520000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER MEMBER RELATED INCOME
IRS990/ProgramServiceRevenueGrp/Desc3FEE & INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01393520
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1335055
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01393520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1335055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt227362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32078
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02078
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 910 NEW LOANS DURING 2020. AS OF 12/31/20 WE HAD 2,509 LOANS OUTSTADNING.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt0284299
IRS990/PYOtherExpensesAmt01192443
IRS990/PYOtherRevenueAmt09289
IRS990/PYProgramServiceRevenueAmt01834712
IRS990/PYRevenuesLessExpensesAmt0179637
IRS990/PYSalariesCompEmpBnftPaidAmt0754220
IRS990/PYTotalExpensesAmt01948663
IRS990/PYTotalRevenueAmt02128300
IRS990/ReconcilationRevenueExpnssAmt0-23338
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt09115
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt09115
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06013113
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06196643
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04532938
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0684991
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0484009
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01169000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0156223
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0209186
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0365409
IRS990ScheduleD/LandGrp/BookValueAmt084562
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt084562
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051699746
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERE SHARES & DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0925776
IRS990ScheduleD/TotalLiabilityAmt051699746
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO OFFER FINANCIAL SERVICES TO LENNOX EMPLOYEES, THEIR FAMILIES, AND TO SELECT EMPLOYEE GROUPS AND THEIR FAMILIES, WHO ARE CREDIT UNION MEMBERS. WE WILL ACCOMPLISH THIS BY OFFERING ON A FINANCIALLY SOUND, PERPETUAL BASIS, AFFORDABLE BORROWING AND SAVINGS OPPORTUNITIES, STRIVING TO OFFER THE LOWEST POSSIBLE RATES ON LOANS AND THE BEST POSSIBLE RETURNS ON SAVINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT CPA WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES THE CPA TO E-FILE THE APPROVED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTOS REVIEWS COMPARABILITY DATA TO DETERMINE THE SALARY INCREASE AND ANY BONUS FOR THE CEO/PRESIDENT. THIS IS PRESENTED TO THE FULL BOARD FOR APPROVAL AND IS INCLUDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR YEAR MISC EQUITY ITEM CLEARING -1,618
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt045473350
IRS990/TotalAssetsEOYAmt058058846
IRS990/TotalAssetsGrp/BOYAmt045473350
IRS990/TotalAssetsGrp/EOYAmt058058846
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt019
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02052312
IRS990/TotalGrossUBIAmt02078
IRS990/TotalLiabilitiesBOYAmt039460237
IRS990/TotalLiabilitiesEOYAmt051862203
IRS990/TotalLiabilitiesGrp/BOYAmt039460237
IRS990/TotalLiabilitiesGrp/EOYAmt051862203
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06013113
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IRS990/TotalOtherCompensationAmt041441
IRS990/TotalProgramServiceRevenueAmt01758015
IRS990/TotalReportableCompFromOrgAmt0143465
IRS990/TotalRevenueGrp/ExclusionAmt0284774
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01742122
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02028974
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02078
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt045473350
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt058058846
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01004 E MAIN ST
IRS990/USAddress/CityNm0MARSHALLTOWN
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050158
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.LENNOXECU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARL MUNDTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06417544501
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LENNOX EMPLOYEES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0LENN
ReturnHeader/Filer/EIN0420672110
ReturnHeader/Filer/PhoneNum06417544501
ReturnHeader/Filer/USAddress/AddressLine1Txt01004 E MAIN ST
ReturnHeader/Filer/USAddress/CityNm0MARSHALLTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050158
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461605712
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRENT WOOKEY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1512
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA CROSSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546021512
ReturnHeader/PreparerPersonGrp/PhoneNum06087920843
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENT WOOKEY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-02T11:01:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MUNDTH
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,058,846
Liabilities
$51,862,203
Net assets
$6,196,643
Revenue
$2,028,974
Expenses
$2,052,312
Net income
-$23,338
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.7$61.0$5.76$3.69$3.25$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.2$56.3$4.89$2.72$2.72$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.7$56.2$4.51$2.27$2.13$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.7$56.9$5.76$2.09$2.17$0.08
2020Detailed filing. Detailed filing data is available for this year.$58.1$51.9$6.20$2.03$2.05$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.5$39.5$6.01$2.13$1.95$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.9$38.4$5.48$1.98$1.97$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.6$34.9$5.67$1.76$1.62$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.7$33.2$5.53$1.61$1.48$0.13
2015Detailed filing. Detailed filing data is available for this year.$37.9$32.5$5.40$1.48$1.35$0.13
2014Detailed filing. Detailed filing data is available for this year.$36.8$31.5$5.27$1.26$1.30$0.03
2013Detailed filing. Detailed filing data is available for this year.$35.8$30.5$5.30$1.34$1.43$0.09
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.5$30.1$5.39$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.5$28.2$5.25$1.34
Peer Organizations

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