Civic Intelligence

Serve Credit Union

990 • Fiscal year 2015 • EIN 42-0773825

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 13, 2016

Organization ProfileWWW.DMPO-CU.ORG

View Organization Page

423 East Court AvenueDes Moines, IA 50309

(515) 243-2677

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.85x

Higher debt load relative to assets than 22% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

67th percentile

21.66x

Higher debt load relative to revenue than 67% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Net Margin

95th percentile

26%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

23rd percentile

$107,866

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Asset Growth

96th percentile

16%

Faster asset growth than 96% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

17%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$51,685,051

Up $6,980,246 (+16%) from 2014

Net Assets

Up

$7,542,991

Up $1,032,778 (+16%) from 2014

Liabilities

Up

$44,142,060

Up $5,947,468 (+16%) from 2014

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin95th percentile

Revenue

Up

$2,037,568

Up $302,567 (+17%) from 2014

Expenses

Up

$1,506,194

Up $133,871 (+9.8%) from 2014

Net Income

Up

$531,374

Up $168,696 (+47%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$100M$50M$0Assets 2010: $31,964,365Liabilities 2010: $27,011,720Net Assets 2010: $4,952,6452010Assets 2012: $39,658,101Liabilities 2012: $33,969,925Net Assets 2012: $5,688,1762012Assets 2013: $42,450,094Liabilities 2013: $36,378,073Net Assets 2013: $6,072,0212013Assets 2014: $44,704,805Liabilities 2014: $38,194,592Net Assets 2014: $6,510,2132014Assets 2015: $51,685,051Liabilities 2015: $44,142,060Net Assets 2015: $7,542,9912015Assets 2016: $54,252,590Liabilities 2016: $46,142,062Net Assets 2016: $8,110,5282016Assets 2017: $66,985,975Liabilities 2017: $57,029,996Net Assets 2017: $9,955,9792017Assets 2018: $69,268,918Liabilities 2018: $58,700,235Net Assets 2018: $10,568,6832018Assets 2019: $75,142,786Liabilities 2019: $63,947,731Net Assets 2019: $11,195,0552019Assets 2020: $86,739,221Liabilities 2020: $74,602,750Net Assets 2020: $12,136,4712020Assets 2021: $94,294,193Liabilities 2021: $81,264,494Net Assets 2021: $13,029,6992021Assets 2022: $98,485,699Liabilities 2022: $84,597,541Net Assets 2022: $13,888,1582022Assets 2023: $98,075,508Liabilities 2023: $83,226,025Net Assets 2023: $14,849,4832023Assets 2024: $96,897,485Liabilities 2024: $80,692,813Net Assets 2024: $16,204,6722024

Highlighted filing

2015

Assets$51,685,051
Liabilities$44,142,060
Net Assets$7,542,991
Open 2015 Filing

Operations Trend

Revenue Growth96th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $1,305,1272010Expenses 2012: $1,303,9922012Revenue 2013: $1,605,497Expenses 2013: $1,297,870Net Income 2013: $307,6272013Revenue 2014: $1,735,001Expenses 2014: $1,372,323Net Income 2014: $362,6782014Revenue 2015: $2,037,568Expenses 2015: $1,506,194Net Income 2015: $531,3742015Revenue 2016: $2,288,817Expenses 2016: $1,809,789Net Income 2016: $479,0282016Revenue 2017: $2,867,762Expenses 2017: $2,442,383Net Income 2017: $425,3792017Revenue 2018: $3,251,113Expenses 2018: $2,602,901Net Income 2018: $648,2122018Revenue 2019: $3,686,743Expenses 2019: $3,060,371Net Income 2019: $626,3722019Revenue 2020: $3,934,617Expenses 2020: $2,993,201Net Income 2020: $941,4162020Revenue 2021: $4,126,999Expenses 2021: $3,233,771Net Income 2021: $893,2282021Revenue 2022: $4,223,581Expenses 2022: $3,365,122Net Income 2022: $858,4592022Revenue 2023: $5,571,787Expenses 2023: $4,606,712Net Income 2023: $965,0752023Revenue 2024: $6,383,635Expenses 2024: $5,030,072Net Income 2024: $1,353,5632024

Highlighted filing

2015

Revenue$2,037,568
Expenses$1,506,194
Net Income$531,374
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 13, 2016
Return Version
2015v2.1
Gross Receipts
$2,037,568
Mission and Program Overview

Mission

Growing to provide exceptional rates, competitive financial products, and friendly service to a membership dedicated to community services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$28,515,703$33,253,811▲ $4,738,108
Savings and Temporary Cash Investments$13,540,109$14,763,366▲ $1,223,257
Rtn Earn Endowment Incm Other Fnds$3,574,468$4,119,226▲ $544,758
Pd in Cap Srpls Land Bldg Eqp Fund$2,935,745$3,423,765▲ $488,020
Land, Buildings, and Equipment, Net$1,322,207$1,782,748▲ $460,541
Investments Program Related$400,000$914,547▲ $514,547
Cash and Non-Interest-Bearing Accounts$321,861$212,930▼ $108,931
Prepaid Expenses and Deferred Charges$38,296$40,194▲ $1,898
Accounts Receivable-$990-
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$44,704,805$51,685,051▲ $6,980,246
Other Assets Total$566,629$716,465▲ $149,836
Liabilities
Other Liabilities$37,676,632$42,891,905▲ $5,215,273
Accounts Payable and Accrued Expenses$517,960$1,250,155▲ $732,195
Total Liabilities$38,194,592$44,142,060▲ $5,947,468
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,510,213$7,542,991▲ $1,032,778
Total Liabilities and Net Assets / Fund Balance$44,704,805$51,685,051▲ $6,980,246

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$826,618$257,473$1,084,091
Leasehold Improvements$450,139-$450,139
Land$442,278-$442,278
Equipment$63,713$43,921$107,634
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew FogleCEOFT$90,255$17,611$107,866

Board Members and Trustees

NameTitle
David NessChairman of the Board
Dave SmithBoard President
Benjamin WarrenVice Chair
Brad WellsBoard Member
Brian BurkeBoard Member
Dale BruceBoard Member
Kevin SchneiderBoard Member
Robert RamseyBoard Member
Tanya SchmellBoard Member
Will ArceBoard Member
Anna KingeryBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,444,627
Investment Income
$194,563
Other Revenue
$398,378
Change in Net Assets
$531,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$954,317
Salaries, Compensation, and Employee Benefits$551,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$353,849--$353,849
Interest$213,962--$213,962
Current Officers, Directors, Trustees, and Key Employees$107,866--$107,866
Office Expenses$82,649--$82,649
Occupancy$82,286--$82,286
Information Technology$76,327--$76,327
Fees for Services Other$63,916--$63,916
All Other Expenses$62,710--$62,710
Other Expenses$52,618--$52,618
Payroll Taxes$42,489--$42,489
Depreciation Depletion$39,548--$39,548
Advertising$35,989--$35,989
Other Employee Benefits$35,856--$35,856
Travel$17,997--$17,997
Insurance$17,899--$17,899
Payments to Affiliates$16,047--$16,047
Pension Plan Contributions$11,817--$11,817
Fees for Services Accounting$9,660--$9,660
Fees for Services Legal$-204--$-204
Total Functional Expenses$1,506,194$0$0$1,506,194
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$42,891,905
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 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, Part VI, Section A, Line 6

“The organization is a credit union with members.”

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

“The members elect board members within their ranks at the annual meeting.”

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

“Annually members approve authority for the board of directors to act on their behalf. Special meetings of all members may be called per article iv, section 4.4 of the bylaws.”

Form 990, Part VI, Section B, Line 11

“The form 990 is reviewed and signed by the ceo. The board does not review the form 990 prior to the ceo signing it.”

Form 990, Part VI, Section B, Line 15A

“The board uses cuna salary survey, merit resources, and cues salary survey to make a decision on ceo compensation.”

Form 990, Part VI, Section C, Line 19

“Documents are kept in the ceo's office and are available upon request. Financials are distributed at annual meeting. Balance sheet is posted at the credit union and all financials are made available online.”

Filing and Contact Details

Filer

Filer Name
Des Moines Police Officers Credit Union
EIN
42-0773825
Phone
5152432677
Address
423 EAST COURT AVENUE, DES MOINES, IA 50309

Signing Officer

Name
Andy Fogle
Title
CEO
Phone
5152432677
Signed
2016-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andy Fogle
Formed
1932
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
13
Volunteers
0

Preparer

Firm
Gardiner Thomsen
Address
10555 NEW YORK AVENUE SUITE 200, DES MOINES, IA 50322
Preparer
C L Telk Jr CPA
Phone
5152701446
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Usda merger 410,456. Change in legal reserve 87,487.”

FORM 990, PART XI, LINE 9, CHANGE IN NET ASSETS:

“On may 1, 2015 des moines police officers credit union (successor) merged with usda credit union (ein # 42-0813209).”

Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0517960
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01250155
IRS990/AccountsReceivableGrp/EOYAmt0990
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0GROWING TO PROVIDE EXCEPTIONAL RATES, COMPETITIVE FINANCIAL PRODUCTS, AND FRIENDLY SERVICE TO A MEMBERSHIP DEDICATED TO COMMUNITY SERVICES.
IRS990/AdvertisingGrp/ProgramServicesAmt035989
IRS990/AdvertisingGrp/TotalAmt035989
IRS990/AllOtherExpensesGrp/ProgramServicesAmt062710
IRS990/AllOtherExpensesGrp/TotalAmt062710
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANDY FOGLE
IRS990/BooksInCareOfDetail/PhoneNum05152432677
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0423 EAST COURT AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DES MOINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050309
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0321861
IRS990/CashNonInterestBearingGrp/EOYAmt0212930
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0107866
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0107866
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0194563
IRS990/CYOtherExpensesAmt0954317
IRS990/CYOtherRevenueAmt0398378
IRS990/CYProgramServiceRevenueAmt01444627
IRS990/CYRevenuesLessExpensesAmt0531374
IRS990/CYSalariesCompEmpBnftPaidAmt0551877
IRS990/CYTotalExpensesAmt01506194
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02037568
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt039548
IRS990/DepreciationDepletionGrp/TotalAmt039548
IRS990/Desc0DES MOINES POLICE OFFICERS' CREDIT UNION IS A MEMBER-OWNED FINANCIAL COOPERATIVE SERVING PUBLIC SAFETY PROFESSIONALS AND THEIR FAMILIES IN THE STATE OF IOWA SINCE 1931. ON FILE WERE APPROXIMATELY 3,622 ACTIVE MEMBERSHIPS AS OF THE END OF 2015. THE PURPOSE OF THE CREDIT UNION IS EMBODIED IN ITS MISSION STATEMENT: "GROWING TO PROVIDE EXCEPTIONAL RATES, COMPETITIVE FINANCIAL PRODUCTS, AND FRIENDLY SERVICE TO A MEMBERSHIP DEDICATED TO COMMUNITY SERVICE."AMONG THE DEPOSIT SERVICES THE CREDIT UNION PROVIDES ITS MEMBERS ARE SAVINGS,CHECKING, MONEY MARKET AND CLUB ACCOUNTS. THE CREDIT UNION ALSO ISSUES SHARES CERTIFICATES ACCOUNTS AS WELL AS EDUCATIONAL SAVINGS ACCOUNTS. DES MOINES POLICE OFFICERS' CREDIT UNION PARTNERS WITH CUNA MUTUAL TO MAKE BROKERAGE AND INVESTMENT SERVICES AVAILABLE TO ITS MEMBERS. THE CREDIT UNION OFFERS ITS MEMBERS A FULL RANGE OF LOAN SERVICES INCLUDING VEHICLE LOANS, HOME EQUITY AND MORTGAGE LOANS, CREDIT CARDS, AND PERSONAL LOANS. ADDITIONAL SERVICES OFFERED BY DES MOINES POLICE OFFICERS' CREDIT UNION INCLUDE ONLINE BANKING, ELECTRONIC BILL PAYMENT, MOBILE BANKING, WIRE SERVICES, PREPAID CARDS, ACCOUNT MANAGEMENT SUPPORT, SAFE DEPOSIT BOXES, AND TELLER SERVICES. THE CREDIT UNION IS SUPERVISED BY THE IOWA DIVISION OF CREDIT UNIONS AND ITS DEPOSITS ARE FEDERALLY INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt01506194
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09660
IRS990/FeesForServicesAccountingGrp/TotalAmt09660
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0-204
IRS990/FeesForServicesLegalGrp/TotalAmt0-204
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt063916
IRS990/FeesForServicesOtherGrp/TotalAmt063916
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1117611
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID NESS
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNA KINGERY
IRS990/Form990PartVIISectionAGrp/PersonNm4BENJAMIN WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm5WILL ARCE
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT RAMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm7DALE BRUCE
IRS990/Form990PartVIISectionAGrp/PersonNm8TANYA SCHMELL
IRS990/Form990PartVIISectionAGrp/PersonNm9BRAD WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm10KEVIN SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm11ANDREW FOGLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1190255
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01932
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02037568
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt076327
IRS990/InformationTechnologyGrp/TotalAmt076327
IRS990/InsuranceGrp/ProgramServicesAmt017899
IRS990/InsuranceGrp/TotalAmt017899
IRS990/InterestGrp/ProgramServicesAmt0213962
IRS990/InterestGrp/TotalAmt0213962
IRS990/InvestmentIncomeGrp/ExclusionAmt0194563
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0194563
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0400000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0914547
IRS990/IRPDocumentCnt0919
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0301394
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01322207
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01782748
IRS990/LandBldgEquipCostOrOtherBssAmt02084142
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0146820
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0146820
IRS990/MissionDesc0GROWING TO PROVIDE EXCEPTIONAL RATES, COMPETITIVE FINANCIAL PRODUCTS, AND FRIENDLY SERVICE TO A MEMBERSHIP DEDICATED TO COMMUNITY SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06510213
IRS990/NetAssetsOrFundBalancesEOYAmt07542991
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt082286
IRS990/OccupancyGrp/TotalAmt082286
IRS990/OfficeExpensesGrp/ProgramServicesAmt082649
IRS990/OfficeExpensesGrp/TotalAmt082649
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0566629
IRS990/OtherAssetsTotalGrp/EOYAmt0716465
IRS990/OtherChangesInNetAssetsAmt0497943
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035856
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035856
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DEBIT/CREDIT CARD EXPEN
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt096284
IRS990/OtherExpensesGrp/ProgramServicesAmt186629
IRS990/OtherExpensesGrp/ProgramServicesAmt252618
IRS990/OtherExpensesGrp/TotalAmt096284
IRS990/OtherExpensesGrp/TotalAmt186629
IRS990/OtherExpensesGrp/TotalAmt252618
IRS990/OtherLiabilitiesGrp/BOYAmt037676632
IRS990/OtherLiabilitiesGrp/EOYAmt042891905
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/RelatedOrExemptFuncIncomeAmt0193832
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt141600
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt216126
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0193832
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt141600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt216126
IRS990/OtherRevenueTotalAmt0398378
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0353849
IRS990/OtherSalariesAndWagesGrp/TotalAmt0353849
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt028515703
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt033253811
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt016047
IRS990/PaymentsToAffiliatesGrp/TotalAmt016047
IRS990/PayrollTaxesGrp/ProgramServicesAmt042489
IRS990/PayrollTaxesGrp/TotalAmt042489
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02935745
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03423765
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011817
IRS990/PensionPlanContributionsGrp/TotalAmt011817
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038296
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040194
IRS990/PrincipalOfficerNm0ANDY FOGLE
IRS990/PriorPeriodAdjustmentsAmt03461
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01444627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01444627
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0211081
IRS990/PYOtherExpensesAmt0880936
IRS990/PYOtherRevenueAmt0280900
IRS990/PYProgramServiceRevenueAmt01243020
IRS990/PYRevenuesLessExpensesAmt0362678
IRS990/PYSalariesCompEmpBnftPaidAmt0491387
IRS990/PYTotalExpensesAmt01372323
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01735001
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0531374
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01843005
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03574468
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04119226
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013540109
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014763366
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0826618
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0257473
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01084091
IRS990ScheduleD/EquipmentGrp/BookValueAmt063713
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043921
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0107634
IRS990ScheduleD/LandGrp/BookValueAmt0442278
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0442278
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0450139
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0450139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042891905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01782748
IRS990ScheduleD/TotalLiabilityAmt042891905
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A CREDIT UNION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT BOARD MEMBERS WITHIN THEIR RANKS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY MEMBERS APPROVE AUTHORITY FOR THE BOARD OF DIRECTORS TO ACT ON THEIR BEHALF. SPECIAL MEETINGS OF ALL MEMBERS MAY BE CALLED PER ARTICLE IV, SECTION 4.4 OF THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND SIGNED BY THE CEO. THE BOARD DOES NOT REVIEW THE FORM 990 PRIOR TO THE CEO SIGNING IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD USES CUNA SALARY SURVEY, MERIT RESOURCES, AND CUES SALARY SURVEY TO MAKE A DECISION ON CEO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE KEPT IN THE CEO'S OFFICE AND ARE AVAILABLE UPON REQUEST. FINANCIALS ARE DISTRIBUTED AT ANNUAL MEETING. BALANCE SHEET IS POSTED AT THE CREDIT UNION AND ALL FINANCIALS ARE MADE AVAILABLE ONLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6USDA MERGER 410,456. CHANGE IN LEGAL RESERVE 87,487.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ON MAY 1, 2015 DES MOINES POLICE OFFICERS CREDIT UNION (SUCCESSOR) MERGED WITH USDA CREDIT UNION (EIN # 42-0813209).
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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9, CHANGE IN NET ASSETS:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt044704805
IRS990/TotalAssetsEOYAmt051685051
IRS990/TotalAssetsGrp/BOYAmt044704805
IRS990/TotalAssetsGrp/EOYAmt051685051
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01506194
IRS990/TotalFunctionalExpensesGrp/TotalAmt01506194
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038194592
IRS990/TotalLiabilitiesEOYAmt044142060
IRS990/TotalLiabilitiesGrp/BOYAmt038194592
IRS990/TotalLiabilitiesGrp/EOYAmt044142060
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06510213
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07542991
IRS990/TotalOtherCompensationAmt017611
IRS990/TotalProgramServiceExpensesAmt01506194
IRS990/TotalProgramServiceRevenueAmt01444627
IRS990/TotalReportableCompFromOrgAmt090255
IRS990/TotalRevenueGrp/ExclusionAmt0194563
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01843005
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02037568
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt044704805
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt051685051
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt017997
IRS990/TravelGrp/TotalAmt017997
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0423 EAST COURT AVENUE
IRS990/USAddress/CityNm0DES MOINES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050309
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.DMPO-CU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDY FOGLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05152432677
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DES MOINES POLICE OFFICERS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0DESM
ReturnHeader/Filer/EIN0420773825
ReturnHeader/Filer/PhoneNum05152432677

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,685,051
Liabilities
$44,142,060
Net assets
$7,542,991
Revenue
$2,037,568
Expenses
$1,506,194
Net income
$531,374
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$96.9$80.7$16.2$6.38$5.03$1.35
2023Detailed filing. Detailed filing data is available for this year.$98.1$83.2$14.8$5.57$4.61$0.97
2022Detailed filing. Detailed filing data is available for this year.$98.5$84.6$13.9$4.22$3.37$0.86
2021Detailed filing. Detailed filing data is available for this year.$94.3$81.3$13.0$4.13$3.23$0.89
2020Detailed filing. Detailed filing data is available for this year.$86.7$74.6$12.1$3.93$2.99$0.94
2019Detailed filing. Detailed filing data is available for this year.$75.1$63.9$11.2$3.69$3.06$0.63
2018Detailed filing. Detailed filing data is available for this year.$69.3$58.7$10.6$3.25$2.60$0.65
2017Detailed filing. Detailed filing data is available for this year.$67.0$57.0$9.96$2.87$2.44$0.43
2016Detailed filing. Detailed filing data is available for this year.$54.3$46.1$8.11$2.29$1.81$0.48
2015Detailed filing. Detailed filing data is available for this year.$51.7$44.1$7.54$2.04$1.51$0.53
2014Detailed filing. Detailed filing data is available for this year.$44.7$38.2$6.51$1.74$1.37$0.36
2013Detailed filing. Detailed filing data is available for this year.$42.5$36.4$6.07$1.61$1.30$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.7$34.0$5.69$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.0$27.0$4.95$1.31
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)14 • $50M-$100M nonprofits