Civic Intelligence

Capitol View Credit Union

990 • Fiscal year 2020 • EIN 42-0742483

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 11, 2021

Organization ProfileWWW.CAPVIEW.COM
623 E 12th StreetDes Moines, IA 50319

(515) 348-8350

Siviq Scores

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

Liabilities / Assets

29th percentile

0.85x

Higher debt load relative to assets than 29% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

21.44x

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

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Net Margin

43rd percentile

7.7%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$145,038

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Asset Growth

44th percentile

13%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-11%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$40,888,200

Up $4,836,476 (+13%) from 2019

Net Assets

Up

$5,981,599

Up $125,539 (+2.1%) from 2019

Liabilities

Up

$34,906,601

Up $4,710,937 (+16%) from 2019

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin43rd percentile

Revenue

Down

$1,627,983

Down $209,330 (-11%) from 2019

Expenses

Down

$1,502,444

Down $110,540 (-6.9%) from 2019

Net Income

Down

$125,539

Down $98,790 (-44%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$60M$40M$20M$0Assets 2010: $24,901,604Liabilities 2010: $20,927,601Net Assets 2010: $3,974,0032010Assets 2012: $28,562,908Liabilities 2012: $24,352,678Net Assets 2012: $4,210,2302012Assets 2013: $30,167,058Liabilities 2013: $25,770,940Net Assets 2013: $4,396,1182013Assets 2014: $31,148,851Liabilities 2014: $26,552,675Net Assets 2014: $4,596,1762014Assets 2015: $32,061,525Liabilities 2015: $27,172,199Net Assets 2015: $4,889,3262015Assets 2016: $33,344,285Liabilities 2016: $28,248,406Net Assets 2016: $5,095,8792016Assets 2017: $34,404,227Liabilities 2017: $29,031,904Net Assets 2017: $5,372,3232017Assets 2018: $36,418,530Liabilities 2018: $30,793,728Net Assets 2018: $5,624,8022018Assets 2019: $36,051,724Liabilities 2019: $30,195,664Net Assets 2019: $5,856,0602019Assets 2020: $40,888,200Liabilities 2020: $34,906,601Net Assets 2020: $5,981,5992020Assets 2021: $44,112,929Liabilities 2021: $37,992,031Net Assets 2021: $6,120,8982021Assets 2022: $44,234,182Liabilities 2022: $37,754,656Net Assets 2022: $6,479,5262022Assets 2023: $43,563,121Liabilities 2023: $36,342,504Net Assets 2023: $7,220,6172023Assets 2024: $44,427,110Liabilities 2024: $36,388,674Net Assets 2024: $8,038,4362024

Highlighted filing

2020

Assets$40,888,200
Liabilities$34,906,601
Net Assets$5,981,599
Open 2020 Filing

Operations Trend

Revenue Growth19th percentile

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,247,4192010Expenses 2012: $1,213,1082012Revenue 2013: $1,358,405Expenses 2013: $1,235,121Net Income 2013: $123,2842013Revenue 2014: $1,404,335Expenses 2014: $1,233,962Net Income 2014: $170,3732014Revenue 2015: $1,492,759Expenses 2015: $1,249,506Net Income 2015: $243,2532015Revenue 2016: $1,510,775Expenses 2016: $1,310,659Net Income 2016: $200,1162016Revenue 2017: $1,586,864Expenses 2017: $1,317,363Net Income 2017: $269,5012017Revenue 2018: $1,695,693Expenses 2018: $1,458,019Net Income 2018: $237,6742018Revenue 2019: $1,837,313Expenses 2019: $1,612,984Net Income 2019: $224,3292019Revenue 2020: $1,627,983Expenses 2020: $1,502,444Net Income 2020: $125,5392020Revenue 2021: $1,374,765Expenses 2021: $1,235,466Net Income 2021: $139,2992021Revenue 2022: $1,762,812Expenses 2022: $1,404,184Net Income 2022: $358,6282022Revenue 2023: $2,472,033Expenses 2023: $1,804,224Net Income 2023: $667,8092023Revenue 2024: $2,803,490Expenses 2024: $2,101,907Net Income 2024: $701,5832024

Highlighted filing

2020

Revenue$1,627,983
Expenses$1,502,444
Net Income$125,539
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 11, 2021
Return Version
2020v4.1
Gross Receipts
$1,638,983
Mission and Program Overview

Mission

Capitol view credit union is a member owned financial institution and is dedicated to serving our members with quality, cost effective financial products and services. We value the small-town relationships and honesty that a small credit union can provide. By combining small-town relationships with big-city services we open the door to quality, responsible financing. We are committed to our members: providing them with helpful, easy-to-use services that aim towards achieving their financial goals. Total members served in 2014 - 2,011.

Capitol view credit union provides financial services to it's members at fair and reasonable rates and terms with a small town touch.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$22,093,845$21,055,873▼ $1,037,972
Investments Program Related$11,067,542$16,927,919▲ $5,860,377
Rtn Earn Endowment Incm Other Fnds$4,683,567$4,809,106▲ $125,539
Land, Buildings, and Equipment, Net$1,344,656$1,255,159▼ $89,497
Pd in Cap Srpls Land Bldg Eqp Fund$1,172,493$1,172,493→ $0
Cash and Non-Interest-Bearing Accounts$533,863$547,375▲ $13,512
Accounts Receivable$11,547$107,447▲ $95,900
Prepaid Expenses and Deferred Charges$27,207$35,063▲ $7,856
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$36,051,724$40,888,200▲ $4,836,476
Other Assets Total$973,064$959,364▼ $13,700
Liabilities
Other Liabilities$30,055,530$34,774,224▲ $4,718,694
Accounts Payable and Accrued Expenses$140,134$132,377▼ $7,757
Total Liabilities$30,195,664$34,906,601▲ $4,710,937
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,856,060$5,981,599▲ $125,539
Total Liabilities and Net Assets / Fund Balance$36,051,724$40,888,200▲ $4,836,476

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$984,898$159,065$1,143,963
Land$184,000-$184,000
Equipment$86,261-$86,261
Investment Program Related Org$48,772--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent KowalskyCEOFT$127,144$17,894$145,038

Board Members and Trustees

NameTitle
Carl MartinChairman
Beth ScheetzVice Chair
Alison RadlBoard Member
Justin WillierBoard Member
Matthew MccormickBoard Member
Randal AndersonBoard Member
Sherry Van VugtBoard Member
Anne JacksonCFO of Board
Lisa KolontarSecretary of Board
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,091,798
Investment Income
$167,823
Other Revenue
$368,362
Change in Net Assets
$125,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$964,237
Salaries, Compensation, and Employee Benefits$538,207
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$313,182--$313,182
Office Expenses$272,128--$272,128
Interest$222,223--$222,223
Current Officers, Directors, Trustees, and Key Employees$145,038--$145,038
Depreciation Depletion$100,844--$100,844
Advertising$51,498--$51,498
Fees for Services Other$46,915--$46,915
Other Expenses$44,366--$44,366
Other Employee Benefits$37,954--$37,954
All Other Expenses$36,560--$36,560
Payroll Taxes$33,253--$33,253
Insurance$20,699--$20,699
Occupancy$15,508--$15,508
Fees for Services Accounting$11,628--$11,628
Pension Plan Contributions$8,780--$8,780
Payments to Affiliates$5,159--$5,159
Travel$5,079--$5,079
Conferences and Meetings$4,800--$4,800
Fees for Services Legal$880--$880
Total Functional Expenses$1,502,444$0$0$1,502,444
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
Members Shares$34,774,224
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, Part VI, Section A, Line 6

“Capitol view credit union membership is not available to the general public. If you, or a family member are employed by one of these groups, you are eligible to join capitol view credit union: employees of the state of iowa employees of the state of iowa and employees of persons who contract services with the state of iowa employees of capitol view credit union workforce development center employees who administer employment and training programs including family members.”

Form 990, Part VI, Section A, Line 7A

“Board elections are held annually and three members are elected to a three year term. All members who are at least 16 years old at the time of the election can vote. There is a total of nine members that currently sit on the board.”

Form 990, Part VI, Section B, Line 11B

“A copy of form 990 was provided to the organization's governing body at their monthly meeting for their review before it was filed.”

Form 990, Part VI, Section B, Line 12C

“The organizaiton provides a copy of the policy to the board members annually after the board election at the annual meeting.”

Form 990, Part VI, Section B, Line 15

“Captial view credit union uses surveys provided by credit union executive society(cues) and/or credit union national association (cuna) as to salaries for all staff including the ceo. The ceo's compensation package is reviewed, documented and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Policies are available on request at our office at 623 e 12th street, des moines, ia. Financial statements are posted on our website and in our office.”

Filing and Contact Details

Filer

Filer Name
Capitol View Credit Union
EIN
42-0742483
Phone
5153488350
Address
623 E 12TH STREET, DES MOINES, IA 50319

Signing Officer

Name
Brent Kowalsky
Title
CEO
Phone
5153488350
Signed
2021-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Kowalsky
Formed
1944
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
0

Preparer

Firm
Gardiner Company Pc
Address
10555 NEW YORK AVENUE SUITE 200, DES MOINES, IA 50322
Preparer
Dennis Gardiner CPA
Phone
5152701446
Raw XML AppendixShowing 400 of 423 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/MissionDesc0CAPITOL VIEW CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION AND IS DEDICATED TO SERVING OUR MEMBERS WITH QUALITY, COST EFFECTIVE FINANCIAL PRODUCTS AND SERVICES. WE VALUE THE SMALL-TOWN RELATIONSHIPS AND HONESTY THAT A SMALL CREDIT UNION CAN PROVIDE. BY COMBINING SMALL-TOWN RELATIONSHIPS WITH BIG-CITY SERVICES WE OPEN THE DOOR TO QUALITY, RESPONSIBLE FINANCING. WE ARE COMMITTED TO OUR MEMBERS: PROVIDING THEM WITH HELPFUL, EASY-TO-USE SERVICES THAT AIM TOWARDS ACHIEVING THEIR FINANCIAL GOALS. TOTAL MEMBERS SERVED IN 2019 - 1,969.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05856060
IRS990/NetAssetsOrFundBalancesEOYAmt05981599
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt03633
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03633
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt015508
IRS990/OccupancyGrp/TotalAmt015508
IRS990/OfficeExpensesGrp/ProgramServicesAmt0272128
IRS990/OfficeExpensesGrp/TotalAmt0272128
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0973064
IRS990/OtherAssetsTotalGrp/EOYAmt0959364
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037954
IRS990/OtherEmployeeBenefitsGrp/TotalAmt037954
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DEBIT/CREDIT CARD EXPEN
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt072350
IRS990/OtherExpensesGrp/ProgramServicesAmt153600
IRS990/OtherExpensesGrp/ProgramServicesAmt244366
IRS990/OtherExpensesGrp/TotalAmt072350
IRS990/OtherExpensesGrp/TotalAmt153600
IRS990/OtherExpensesGrp/TotalAmt244366
IRS990/OtherLiabilitiesGrp/BOYAmt030055530
IRS990/OtherLiabilitiesGrp/EOYAmt034774224
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/BusinessCd2522100
IRS990/OtherRevenueMiscGrp/Desc0DEBIT/CREDIT CARD INCO
IRS990/OtherRevenueMiscGrp/Desc1SERVICE FEES
IRS990/OtherRevenueMiscGrp/Desc2INSURANCE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0146060
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt186284
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt255363
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0146060
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt186284
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt255363
IRS990/OtherRevenueTotalAmt0368362
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0313182
IRS990/OtherSalariesAndWagesGrp/TotalAmt0313182
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt022093845
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt021055873
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt05159
IRS990/PaymentsToAffiliatesGrp/TotalAmt05159
IRS990/PayrollTaxesGrp/ProgramServicesAmt033253
IRS990/PayrollTaxesGrp/TotalAmt033253
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01172493
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01172493
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08780
IRS990/PensionPlanContributionsGrp/TotalAmt08780
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027207
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035063
IRS990/PrincipalOfficerNm0BRENT KOWALSKY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1CREDIT CARD INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01000286
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt191512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01000286
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt191512
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0284167
IRS990/PYOtherExpensesAmt01021400
IRS990/PYOtherRevenueAmt0425285
IRS990/PYProgramServiceRevenueAmt01127861
IRS990/PYRevenuesLessExpensesAmt0224329
IRS990/PYSalariesCompEmpBnftPaidAmt0591584
IRS990/PYTotalExpensesAmt01612984
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01837313
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0125539
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01463793
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04683567
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04809106
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0984898
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0159065
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01143963
IRS990ScheduleD/EquipmentGrp/BookValueAmt086261
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086261
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt05000000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt111835847
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt243300
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt348772
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0DEPOSITS IN COMMERCIAL BANKS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1NATIONAL COOPERATIVE BANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2FHLB MEMBERSHIP STOCK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/LandGrp/BookValueAmt0184000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0184000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034774224
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01255159
IRS990ScheduleD/TotalBookValueProgramRltdAmt016927919
IRS990ScheduleD/TotalLiabilityAmt034774224
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CAPITOL VIEW CREDIT UNION MEMBERSHIP IS NOT AVAILABLE TO THE GENERAL PUBLIC. IF YOU, OR A FAMILY MEMBER ARE EMPLOYED BY ONE OF THESE GROUPS, YOU ARE ELIGIBLE TO JOIN CAPITOL VIEW CREDIT UNION: EMPLOYEES OF THE STATE OF IOWA EMPLOYEES OF THE STATE OF IOWA AND EMPLOYEES OF PERSONS WHO CONTRACT SERVICES WITH THE STATE OF IOWA EMPLOYEES OF CAPITOL VIEW CREDIT UNION WORKFORCE DEVELOPMENT CENTER EMPLOYEES WHO ADMINISTER EMPLOYMENT AND TRAINING PROGRAMS INCLUDING FAMILY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD ELECTIONS ARE HELD ANNUALLY AND THREE MEMBERS ARE ELECTED TO A THREE YEAR TERM. ALL MEMBERS WHO ARE AT LEAST 16 YEARS OLD AT THE TIME OF THE ELECTION CAN VOTE. THERE IS A TOTAL OF NINE MEMBERS THAT CURRENTLY SIT ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY AT THEIR MONTHLY MEETING FOR THEIR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZAITON PROVIDES A COPY OF THE POLICY TO THE BOARD MEMBERS ANNUALLY AFTER THE BOARD ELECTION AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CAPTIAL VIEW CREDIT UNION USES SURVEYS PROVIDED BY CREDIT UNION EXECUTIVE SOCIETY(CUES) AND/OR CREDIT UNION NATIONAL ASSOCIATION (CUNA) AS TO SALARIES FOR ALL STAFF INCLUDING THE CEO. THE CEO'S COMPENSATION PACKAGE IS REVIEWED, DOCUMENTED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POLICIES ARE AVAILABLE ON REQUEST AT OUR OFFICE AT 623 E 12TH STREET, DES MOINES, IA. FINANCIAL STATEMENTS ARE POSTED ON OUR WEBSITE AND IN OUR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt036051724
IRS990/TotalAssetsEOYAmt040888200
IRS990/TotalAssetsGrp/BOYAmt036051724
IRS990/TotalAssetsGrp/EOYAmt040888200
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01502444
IRS990/TotalFunctionalExpensesGrp/TotalAmt01502444
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030195664
IRS990/TotalLiabilitiesEOYAmt034906601
IRS990/TotalLiabilitiesGrp/BOYAmt030195664
IRS990/TotalLiabilitiesGrp/EOYAmt034906601
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05856060
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05981599
IRS990/TotalOtherCompensationAmt017894
IRS990/TotalProgramServiceExpensesAmt01502444
IRS990/TotalProgramServiceRevenueAmt01091798
IRS990/TotalReportableCompFromOrgAmt0127144
IRS990/TotalRevenueGrp/ExclusionAmt0164190
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01463793
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01627983
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036051724
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt040888200
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05079
IRS990/TravelGrp/TotalAmt05079
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0623 E 12TH STREET
IRS990/USAddress/CityNm0DES MOINES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050319
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.CAPVIEW.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENT KOWALSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05153488350
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-11

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$40,888,200
Liabilities
$34,906,601
Net assets
$5,981,599
Revenue
$1,627,983
Expenses
$1,502,444
Net income
$125,539
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.4$36.4$8.04$2.80$2.10$0.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.6$36.3$7.22$2.47$1.80$0.67
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.2$37.8$6.48$1.76$1.40$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.1$38.0$6.12$1.37$1.24$0.14
2020Detailed filing. Detailed filing data is available for this year.$40.9$34.9$5.98$1.63$1.50$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.1$30.2$5.86$1.84$1.61$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.4$30.8$5.62$1.70$1.46$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.4$29.0$5.37$1.59$1.32$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.3$28.2$5.10$1.51$1.31$0.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.1$27.2$4.89$1.49$1.25$0.24
2014Detailed filing. Detailed filing data is available for this year.$31.1$26.6$4.60$1.40$1.23$0.17
2013Detailed filing. Detailed filing data is available for this year.$30.2$25.8$4.40$1.36$1.24$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$24.4$4.21$1.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.9$20.9$3.97$1.25
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