Civic Intelligence

Ascentra Credit Union

990 • Fiscal year 2017 • EIN 42-0747751

Jan 01, 2017 to Dec 31, 2017 • Filed on May 07, 2018

Organization ProfileWWW.ASCENTRA.ORG

View Organization Page

1710 Grant StBettendorf, IA 52722

(800) 426-5241

Siviq Scores

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

Liabilities / Assets

57th percentile

0.90x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Liabilities / Revenue

23rd percentile

14.96x

Higher debt load relative to revenue than 23% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Net Margin

32nd percentile

9.6%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$455,919

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Asset Growth

34th percentile

3.8%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

3.7%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$409,300,803

Up $14,874,279 (+3.8%) from 2016

Net Assets

Up

$41,927,475

Up $2,312,021 (+5.8%) from 2016

Liabilities

Up

$367,373,328

Up $12,562,258 (+3.5%) from 2016

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin32nd percentile

Revenue

Up

$24,552,402

Up $871,500 (+3.7%) from 2016

Expenses

Up

$22,185,257

Up $462,511 (+2.1%) from 2016

Net Income

Up

$2,367,145

Up $408,989 (+21%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$600M$400M$200M$0Assets 2010: $236,169,714Liabilities 2010: $214,870,961Net Assets 2010: $21,298,7532010Assets 2011: $257,136,454Liabilities 2011: $233,443,704Net Assets 2011: $23,692,7502011Assets 2013: $328,170,234Liabilities 2013: $295,291,142Net Assets 2013: $32,879,0922013Assets 2014: $341,944,455Liabilities 2014: $306,118,978Net Assets 2014: $35,825,4772014Assets 2015: $369,221,599Liabilities 2015: $331,555,593Net Assets 2015: $37,666,0062015Assets 2016: $394,426,524Liabilities 2016: $354,811,070Net Assets 2016: $39,615,4542016Assets 2017: $409,300,803Liabilities 2017: $367,373,328Net Assets 2017: $41,927,4752017Assets 2018: $405,453,243Liabilities 2018: $361,829,178Net Assets 2018: $43,624,0652018Assets 2019: $424,287,515Liabilities 2019: $378,064,597Net Assets 2019: $46,222,9182019Assets 2020: $495,382,724Liabilities 2020: $447,912,083Net Assets 2020: $47,470,6412020Assets 2021: $534,049,811Liabilities 2021: $484,860,767Net Assets 2021: $49,189,0442021Assets 2022: $527,520,974Liabilities 2022: $479,176,129Net Assets 2022: $48,344,8452022Assets 2023: $534,114,802Liabilities 2023: $482,660,465Net Assets 2023: $51,454,3372023Assets 2024: $543,907,511Liabilities 2024: $489,563,969Net Assets 2024: $54,343,5422024

Highlighted filing

2017

Assets$409,300,803
Liabilities$367,373,328
Net Assets$41,927,475
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $16,560,7132010Expenses 2011: $16,757,1892011Revenue 2013: $23,097,172Expenses 2013: $17,997,308Net Income 2013: $5,099,8642013Revenue 2014: $20,968,309Expenses 2014: $18,224,943Net Income 2014: $2,743,3662014Revenue 2015: $21,380,030Expenses 2015: $19,514,191Net Income 2015: $1,865,8392015Revenue 2016: $23,680,902Expenses 2016: $21,722,746Net Income 2016: $1,958,1562016Revenue 2017: $24,552,402Expenses 2017: $22,185,257Net Income 2017: $2,367,1452017Revenue 2018: $25,507,215Expenses 2018: $23,484,785Net Income 2018: $2,022,4302018Revenue 2019: $27,263,133Expenses 2019: $25,463,129Net Income 2019: $1,800,0042019Revenue 2020: $26,041,653Expenses 2020: $25,159,163Net Income 2020: $882,4902020Revenue 2021: $27,182,453Expenses 2021: $25,040,457Net Income 2021: $2,141,9962021Revenue 2022: $29,345,594Expenses 2022: $27,536,971Net Income 2022: $1,808,6232022Revenue 2023: $35,365,466Expenses 2023: $32,660,041Net Income 2023: $2,705,4252023Revenue 2024: $38,462,503Expenses 2024: $36,127,199Net Income 2024: $2,335,3042024

Highlighted filing

2017

Revenue$24,552,402
Expenses$22,185,257
Net Income$2,367,145
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 7, 2018
Return Version
2017v2.3
Gross Receipts
$24,552,402
Mission and Program Overview

Mission

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$299,216,311$311,414,762▲ $12,198,451
Savings and Temporary Cash Investments$37,647,728$37,763,788▲ $116,060
Rtn Earn Endowment Incm Other Fnds$26,350,534$28,662,555▲ $2,312,021
Investments in Publicly Traded Securities$14,734,411$19,177,340▲ $4,442,929
Land, Buildings, and Equipment, Net$14,533,866$14,023,955▼ $509,911
Pd in Cap Srpls Land Bldg Eqp Fund$13,264,920$13,264,920→ $0
Receivables From Officers Etc$6,708,490$6,031,622▼ $676,868
Cash and Non-Interest-Bearing Accounts$4,886,343$3,947,589▼ $938,754
Prepaid Expenses and Deferred Charges$603,069$662,686▲ $59,617
Accounts Receivable$44,024$30,367▼ $13,657
Total Assets$394,426,524$409,300,803▲ $14,874,279
Other Assets Total$16,052,282$16,248,694▲ $196,412
Liabilities
Other Liabilities$314,124,619$334,499,882▲ $20,375,263
Mortgage Notes Payable Secured by Investment Property$32,180,000$23,435,000▼ $8,745,000
Accounts Payable and Accrued Expenses$8,506,451$9,438,446▲ $931,995
Total Liabilities$354,811,070$367,373,328▲ $12,562,258
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,615,454$41,927,475▲ $2,312,021
Total Liabilities and Net Assets / Fund Balance$394,426,524$409,300,803▲ $14,874,279

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,910,286$4,318,462$13,228,748
Equipment$1,524,334$5,780,833$7,305,167
Land$3,589,335-$3,589,335
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dale OwenPresident/ceFT$332,606$123,313$455,919
Dale OwenPresident/CEO-$235,749$220,170$455,919
Becky HansenEvp ComplianFT$201,484$64,386$265,870
Becky HansenEvp Compliance-$155,497$110,373$265,870
Linda AndryCFOFT$153,827$105,211$259,038
Brad KnutsonChief Tech OFT$193,312$58,115$251,427
Brad KnutsonChief Tech Officer-$150,680$100,747$251,427
Timothy PerkinsChief LendinFT$202,952$14,682$217,634
Timothy PerkinsChief Lending Oficer-$150,829$66,805$217,634
Shelly RidgewayVP of LendinFT$161,695$48,476$210,171
Shelly RidgewayVP of Lending-$131,151$79,020$210,171
Jennifer NaeveVP of MarketFT$121,113$34,888$156,001
Jennifer NaeveVP of Marketing-$102,623$53,378$156,001

Board Members and Trustees

NameTitle
Daniel BirdsleyBoard Member
Gary SchockerBoard Member
Greg AguilarBoard Member
Jay EnglandBoard Member
Ken SchrockBoard Member
Larry KetelsenBoard Member
Larry RidenourBoard Member
Laura CurtisBoard Member
Mary SoederBoard Member
Troy SmithBoard Member
Woody PerkinsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,802,440
Investment Income
$1,749,962
Other Revenue
$0
Change in Net Assets
$2,367,145

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,552,402
Total Revenue per Audited Statements
$24,552,402
Total Revenue per Form 990
$24,552,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,695,231
Salaries, Compensation, and Employee Benefits$8,490,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$6,024,807
Other Expenses---$1,650,075
All Other Expenses---$1,579,056
Current Officers, Directors, Trustees, and Key Employees---$1,232,254
Depreciation Depletion---$1,206,273
Office Expenses---$877,218
Occupancy---$680,496
Advertising---$564,456
Interest---$562,869
Payroll Taxes---$467,366
Other Employee Benefits---$441,195
Pension Plan Contributions---$324,404
Conferences and Meetings---$151,529
Insurance---$117,158
Fees for Services Accounting---$55,432
Fees for Services Legal---$19,548
Total Functional Expenses$0$0$0$22,185,257

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,185,257
Total Expenses per Audited Statements$22,185,257
Total Expenses per Form 990$22,185,257
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$6,708,490$6,031,622▼ $676,868
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$334,499,882
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 board of directors hires an independent consultant to perform a salary review on the ceo on a bi-annual basis. The ceo evaluation is discussed at the board meeting, a motion is made as to the level of compensation and then voted on by the board.”

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
Ascentra Credit Union
EIN
42-0747751
Phone
8004265241
Address
1710 GRANT ST, BETTENDORF, IA 52722

Signing Officer

Name
Linda Andry
Title
CFO
Phone
8004265241
Signed
2018-05-07

Organization Details

Principal Officer
Dale Owen
Formed
1950
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
186
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 XI, Line 9

“Net change in investment valuation reserve -55,124”

Raw XML AppendixShowing 400 of 517 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/Form990PartVIISectionAGrp/TitleTxt14CHIEF TECH O
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OF LENDIN
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP OF MARKET
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF LENDIN
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IRS990/OtherExpensesGrp/Desc1DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc2DATA PROCESSING
IRS990/OtherExpensesGrp/Desc3OTHER PROFESSIONAL SERVIC
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IRS990/OtherExpensesGrp/TotalAmt11999390
IRS990/OtherExpensesGrp/TotalAmt21674631
IRS990/OtherExpensesGrp/TotalAmt31650075
IRS990/OtherLiabilitiesGrp/BOYAmt0314124619
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IRS990/OtherSalariesAndWagesGrp/TotalAmt06024807
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0311414762
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt013264920
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0662686
IRS990/PrincipalOfficerNm0DALE OWEN
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IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
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IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt15563070
IRS990/ProgramServiceRevenueGrp/ExclusionAmt22892963
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IRS990/PYInvestmentIncomeAmt01419297
IRS990/PYOtherExpensesAmt013390456
IRS990/PYProgramServiceRevenueAmt022261605
IRS990/PYRevenuesLessExpensesAmt01958156
IRS990/PYSalariesCompEmpBnftPaidAmt08332290
IRS990/PYTotalExpensesAmt021722746
IRS990/PYTotalRevenueAmt023680902
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt06708490
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt06031622
IRS990/ReconcilationRevenueExpnssAmt02367145
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt026350534
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt028662555
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037647728
IRS990/SavingsAndTempCashInvstGrp/EOYAmt037763788
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt08910286
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04318462
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013228748
IRS990ScheduleD/EquipmentGrp/BookValueAmt01524334
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05780833
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07305167
IRS990ScheduleD/ExpensesSubtotalAmt022185257
IRS990ScheduleD/LandGrp/BookValueAmt03589335
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03589335
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0334499882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt024552402
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014023955
IRS990ScheduleD/TotalExpensesPerForm990Amt022185257
IRS990ScheduleD/TotalLiabilityAmt0334499882
IRS990ScheduleD/TotalRevenuePerForm990Amt024552402
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt024552402
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt022185257
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0235749
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1155497
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2153827
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3150680
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4131151
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5102623
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt6150829
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount079090
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount128851
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount228937
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount327575
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount423272
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount518300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount651793
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0106342
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt157046
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt253086
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt350628
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt446500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt533325
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt610452
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016971
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt17340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt212268
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt37487
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt41976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt51563
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt64230
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt017767
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt117136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt210920
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt315057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt47272
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt5190
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt6330
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DALE OWEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BECKY HANSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2LINDA ANDRY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3BRAD KNUTSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4SHELLY RIDGEWAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5JENNIFER NAEVE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm6TIMOTHY PERKINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EVP COMPLIANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3CHIEF TECH OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VP OF LENDING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5VP OF MARKETING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6CHIEF LENDING OFICER
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1265870
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2259038
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3251427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt4210171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt5156001
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt6217634
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0DALE OWEN 0 146,095 0 BECKY HANSEN 0 1,272 0 LINDA ANDRY 0 42,670 0 BRAD KNUTSON 0 25,826 0
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION DEPOSITED FUNDS INTO A LIFE INSURANCE POLICY ON THE PARTICIPANT'S LIFE. AT DEATH, THE CREDIT UNION RECOVERS ITS PREMIUMS PLUS INTEREST PLUS ADDITIONAL KEY-PERSON INSURANCE PROCEEDS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 4
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PART III
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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$409,300,803
Liabilities
$367,373,328
Net assets
$41,927,475
Revenue
$24,552,402
Expenses
$22,185,257
Net income
$2,367,145
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$544$490$54.3$38.5$36.1$2.34
2023Detailed filing. Detailed filing data is available for this year.$534$483$51.5$35.4$32.7$2.71
2022Detailed filing. Detailed filing data is available for this year.$528$479$48.3$29.3$27.5$1.81
2021Detailed filing. Detailed filing data is available for this year.$534$485$49.2$27.2$25.0$2.14
2020Detailed filing. Detailed filing data is available for this year.$495$448$47.5$26.0$25.2$0.88
2019Detailed filing. Detailed filing data is available for this year.$424$378$46.2$27.3$25.5$1.80
2018Detailed filing. Detailed filing data is available for this year.$405$362$43.6$25.5$23.5$2.02
2017Detailed filing. Detailed filing data is available for this year.$409$367$41.9$24.6$22.2$2.37
2016Detailed filing. Detailed filing data is available for this year.$394$355$39.6$23.7$21.7$1.96
2015Detailed filing. Detailed filing data is available for this year.$369$332$37.7$21.4$19.5$1.87
2014Detailed filing. Detailed filing data is available for this year.$342$306$35.8$21.0$18.2$2.74
2013Detailed filing. Detailed filing data is available for this year.$328$295$32.9$23.1$18.0$5.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$257$233$23.7$16.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$236$215$21.3$16.6