Civic Intelligence

Employees Credit Union

990 • Fiscal year 2019 • EIN 42-0772828

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 02, 2020

Organization ProfileWWW.EMPLOYEESCU.COM

Refreshing map…

2714 Central AveEstherville, IA 51334

(712) 362-5897

Siviq Scores

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

Liabilities / Assets

10th percentile

0.78x

Higher debt load relative to assets than 10% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

36th percentile

15.05x

Higher debt load relative to revenue than 36% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Net Margin

96th percentile

31%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$247,272

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Asset Growth

79th percentile

8.1%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

15%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$105,357,507

Up $7,863,203 (+8.1%) from 2018

Net Assets

Up

$22,816,706

Up $1,710,243 (+8.1%) from 2018

Liabilities

Up

$82,540,801

Up $6,152,960 (+8.1%) from 2018

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin96th percentile

Revenue

Up

$5,485,363

Up $712,538 (+15%) from 2018

Expenses

Up

$3,775,122

Up $324,276 (+9.4%) from 2018

Net Income

Up

$1,710,241

Up $388,262 (+29%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$200M$150M$100M$50M$0Assets 2011: $74,783,256Liabilities 2011: $63,293,028Net Assets 2011: $11,490,2282011Assets 2013: $79,022,782Liabilities 2013: $65,332,038Net Assets 2013: $13,690,7442013Assets 2014: $83,723,629Liabilities 2014: $68,806,035Net Assets 2014: $14,917,5942014Assets 2015: $85,982,836Liabilities 2015: $69,463,347Net Assets 2015: $16,519,4892015Assets 2016: $89,808,852Liabilities 2016: $71,664,233Net Assets 2016: $18,144,6192016Assets 2017: $93,937,316Liabilities 2017: $74,152,832Net Assets 2017: $19,784,4842017Assets 2018: $97,494,304Liabilities 2018: $76,387,841Net Assets 2018: $21,106,4632018Assets 2019: $105,357,507Liabilities 2019: $82,540,801Net Assets 2019: $22,816,7062019Assets 2020: $118,458,064Liabilities 2020: $93,243,915Net Assets 2020: $25,214,1492020Assets 2021: $136,420,831Liabilities 2021: $108,580,384Net Assets 2021: $27,840,4472021Assets 2022: $147,822,214Liabilities 2022: $117,637,107Net Assets 2022: $30,185,1072022Assets 2024: $174,076,159Liabilities 2024: $139,587,351Net Assets 2024: $34,488,8082024

Highlighted filing

2019

Assets$105,357,507
Liabilities$82,540,801
Net Assets$22,816,706
Open 2019 Filing

Operations Trend

Revenue Growth86th percentile

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

$15M$10M$5.0M$0Expenses 2011: $2,050,9592011Revenue 2013: $3,156,470Expenses 2013: $1,937,979Net Income 2013: $1,218,4912013Revenue 2014: $3,397,296Expenses 2014: $2,170,446Net Income 2014: $1,226,8502014Revenue 2015: $3,634,208Expenses 2015: $2,032,313Net Income 2015: $1,601,8952015Revenue 2016: $3,882,752Expenses 2016: $2,257,622Net Income 2016: $1,625,1302016Revenue 2017: $4,300,269Expenses 2017: $2,660,404Net Income 2017: $1,639,8652017Revenue 2018: $4,772,825Expenses 2018: $3,450,846Net Income 2018: $1,321,9792018Revenue 2019: $5,485,363Expenses 2019: $3,775,122Net Income 2019: $1,710,2412019Revenue 2020: $5,619,668Expenses 2020: $3,222,225Net Income 2020: $2,397,4432020Revenue 2021: $5,411,301Expenses 2021: $2,785,003Net Income 2021: $2,626,2982021Revenue 2022: $6,217,747Expenses 2022: $3,873,087Net Income 2022: $2,344,6602022Revenue 2024: $10,760,989Expenses 2024: $8,456,816Net Income 2024: $2,304,1732024

Highlighted filing

2019

Revenue$5,485,363
Expenses$3,775,122
Net Income$1,710,241
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 2, 2020
Return Version
2019v5.0
Gross Receipts
$5,485,363
Mission and Program Overview

Mission

State chartered credit union

To be our members optimum service center for their financial needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$55,357,386$60,656,183▲ $5,298,797
Rtn Earn Endowment Incm Other Fnds$21,106,463$22,816,706▲ $1,710,243
Investments Program Related$11,783,108$22,178,582▲ $10,395,474
Savings and Temporary Cash Investments$28,088,062$20,409,292▼ $7,678,770
Land, Buildings, and Equipment, Net$806,444$717,083▼ $89,361
Cash and Non-Interest-Bearing Accounts$295,664$278,434▼ $17,230
Prepaid Expenses and Deferred Charges$43,778$38,701▼ $5,077
Total Assets$97,494,304$105,357,507▲ $7,863,203
Other Assets Total$1,119,862$1,079,232▼ $40,630
Liabilities
Other Liabilities$76,136,406$82,262,373▲ $6,125,967
Accounts Payable and Accrued Expenses$145,745$150,129▲ $4,384
Escrow Account Liability$105,690$128,299▲ $22,609
Total Liabilities$76,387,841$82,540,801▲ $6,152,960
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,106,463$22,816,706▲ $1,710,243
Total Liabilities and Net Assets / Fund Balance$97,494,304$105,357,507▲ $7,863,203

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$534,861$537,477$1,072,338
Equipment$95,879$724,855$820,734
Land$86,343-$86,343
Investment Program Related Org$35,433--
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark PetersCEOFT$169,869$77,403$247,272
Laurel HashLoan ManagerFT$101,445$14,728$116,173

Board Members and Trustees

NameTitle
Charlie NourseBoard Chair
Edward MunnVice Chair
Dan JondleDirector
Jeanne HandelandDirector
Justine ChrestiansenDirector
Sheila BorchersDirector
Terry ClarkDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Co-op Financial ServicesCard Processing1500 NW 118TH ST, Des Moines, IA 50325$228,781
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,413,647
Investment Income
$1,071,716
Other Revenue
$0
Change in Net Assets
$1,710,241
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,701,434
Salaries, Compensation, and Employee Benefits$1,042,073
Grants and Similar Amounts Paid$31,615
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$516,391
Other Expenses---$493,378
Office Expenses---$423,997
Current Officers, Directors, Trustees, and Key Employees---$286,314
Other Employee Benefits---$127,294
Depreciation Depletion---$89,501
Payroll Taxes---$58,059
Pension Plan Contributions---$54,015
Occupancy---$53,460
Fees for Services Accounting---$35,740
Insurance---$33,419
Conferences and Meetings---$32,653
Grants to Domestic Orgs---$31,615
Information Technology---$21,440
Advertising---$18,156
Total Functional Expenses$0$0$0$3,775,122
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Regional Wellness CenterEstherville, IA501c7Build Splash Pad$25,000
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$82,021,414
457 Plan$369,258
Escrow Accts to Line 21 Bal Sheet$-128,299
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
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

“Ceo provides data to independent cpa who prepares the return. Ceo reviews the return for accuracy, and then authorizes cpa to e-file approved return. The return is then made available to the board of directors.”

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

“Conflict of interest policy is signed by the directors.”

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

“Compensation committee comprised of elected directors determines and approves the ceo compensation. Approval by the board is documented.”

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

“Ceo recommends wages of all other employees to board of directors for approval. The board approval is documented.”

Form 990, Page 6, Part VI, Line 19

“All policies are available upon request. Financial statements are posted in the lobby.”

Filing and Contact Details

Filer

Filer Name
Employees Credit Union
EIN
42-0772828
Phone
7123625897
Address
2714 CENTRAL AVE, ESTHERVILLE, IA 51334

Signing Officer

Name
Mark Peters
Title
CEO
Phone
7123625897
Signed
2020-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Peters
Formed
1947
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
7
Employees
13
Volunteers
7

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, Part XI, Line 9

“ROUNDING 2”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The credit union holds funds in escrow accounts for property taxes and homeowners insurance related to mortgage loans.”

Raw XML AppendixShowing 400 of 424 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/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 6,899 NEW LOANS TO OUR MEMBERS DURING 2019. AS OF 12/31/19 WE HAD 5,569 LOANS TO OUR MEMBERS.
IRS990/ProgSrvcAccomActy3Grp/Desc0.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05750
IRS990/PYInvestmentIncomeAmt0745683
IRS990/PYOtherExpensesAmt02124060
IRS990/PYProgramServiceRevenueAmt04027142
IRS990/PYRevenuesLessExpensesAmt01321979
IRS990/PYSalariesCompEmpBnftPaidAmt01321036
IRS990/PYTotalExpensesAmt03450846
IRS990/PYTotalRevenueAmt04772825
IRS990/ReconcilationRevenueExpnssAmt01710241
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt021106463
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022816706
IRS990/SavingsAndTempCashInvstGrp/BOYAmt028088062
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020409292
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0534861
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0537477
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01072338
IRS990ScheduleD/EquipmentGrp/BookValueAmt095879
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0724855
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0820734
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt021456061
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1387088
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2300000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt335433
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS WITH MATURITY > 1 YR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CBL CUSO REVOLVING LOAN
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CAPITAL ACCTS CORPORATE CREDIT UNION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3CBL CUSO EQUITY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/LandGrp/BookValueAmt086343
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt086343
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082021414
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1369258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-128299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1457 PLAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ESCROW ACCTS TO LINE 21 BAL SHEET
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0717083
IRS990ScheduleD/TotalBookValueProgramRltdAmt022178582
IRS990ScheduleD/TotalLiabilityAmt082262373
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C7
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BUILD SPLASH PAD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0REGIONAL WELLNESS CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0391886795
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0415 S 18TH ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ESTHERVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd051334
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION VERIFIED A SPLASH PAD WAS CONSTRUCTED AT THE REGIONAL WELLNESS CENTER TO MONITOR THAT OUR ASSISTANCE WAS USED FOR THIS PURPOSE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0169869
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt035951
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026452
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK PETERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0247272
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MARK PETERS 0 20,000 0
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1MARK PETERS PARTICIPATES IN A 457(F) PLAN. THE AMOUNT SHOWN ABOVE AS NONQUALIFIED IS THE EMPLOYER CONTRIBUTION TO THE PLAN FOR THIS CALENDAR YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 4
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A 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/ExplanationTxt3CEO PROVIDES DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. CEO REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E-FILE APPROVED RETURN. THE RETURN IS THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST POLICY IS SIGNED BY THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION COMMITTEE COMPRISED OF ELECTED DIRECTORS DETERMINES AND APPROVES THE CEO COMPENSATION. APPROVAL BY THE BOARD IS DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CEO RECOMMENDS WAGES OF ALL OTHER EMPLOYEES TO BOARD OF DIRECTORS FOR APPROVAL. THE BOARD APPROVAL IS DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ROUNDING 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt097494304
IRS990/TotalAssetsEOYAmt0105357507
IRS990/TotalAssetsGrp/BOYAmt097494304
IRS990/TotalAssetsGrp/EOYAmt0105357507
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03775122
IRS990/TotalGrossUBIAmt0848
IRS990/TotalLiabilitiesBOYAmt076387841
IRS990/TotalLiabilitiesEOYAmt082540801
IRS990/TotalLiabilitiesGrp/BOYAmt076387841
IRS990/TotalLiabilitiesGrp/EOYAmt082540801
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt021106463
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022816706
IRS990/TotalOtherCompensationAmt077131
IRS990/TotalProgramServiceRevenueAmt04413647
IRS990/TotalReportableCompFromOrgAmt0286314
IRS990/TotalRevenueGrp/ExclusionAmt01071716
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04412799
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05485363
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0848
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt097494304
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0105357507
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02714 CENTRAL AVE
IRS990/USAddress/CityNm0ESTHERVILLE
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd051334
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.EMPLOYEESCU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK PETERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07123625897
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMPLOYEES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0EMPL
ReturnHeader/Filer/EIN0420772828
ReturnHeader/Filer/PhoneNum07123625897
ReturnHeader/Filer/USAddress/AddressLine1Txt02714 CENTRAL AVE
ReturnHeader/Filer/USAddress/CityNm0ESTHERVILLE

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$105,357,507
Liabilities
$82,540,801
Net assets
$22,816,706
Revenue
$5,485,363
Expenses
$3,775,122
Net income
$1,710,241
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$174$140$34.5$10.8$8.46$2.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$148$118$30.2$6.22$3.87$2.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$136$109$27.8$5.41$2.79$2.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$93.2$25.2$5.62$3.22$2.40
2019Detailed filing. Detailed filing data is available for this year.$105$82.5$22.8$5.49$3.78$1.71
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.5$76.4$21.1$4.77$3.45$1.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.9$74.2$19.8$4.30$2.66$1.64
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.8$71.7$18.1$3.88$2.26$1.63
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.0$69.5$16.5$3.63$2.03$1.60
2014Detailed filing. Detailed filing data is available for this year.$83.7$68.8$14.9$3.40$2.17$1.23
2013Detailed filing. Detailed filing data is available for this year.$79.0$65.3$13.7$3.16$1.94$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.8$63.3$11.5$2.05
Peer Organizations

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