Civic Intelligence

1St Gateway Credit Union

EIN 42-0802440 • 501(c)14 • Camanche, IA

View Organization Page

Profile

Non-profit financial working to help consumers invest and borrow at the best rates and terms.

PO Box 110Camanche, IA 52730

www.1stgateway.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.86x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

13.77x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

36th percentile

8.3%

Higher net margin than 36% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

27th percentile

-0.9%

Faster asset growth than 27% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2024

Revenue Growth

28th percentile

9.2%

Faster revenue growth than 28% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$164,181,923

Up $5,125,565 (+3.2%) from 2023

Liabilities

Up

$141,354,514

Up $4,275,564 (+3.1%) from 2023

Net Assets

Up

$22,827,409

Up $850,001 (+3.9%) from 2023

Operations
Liabilities / Revenue30th percentileNet Margin36th percentile

Revenue

Up

$10,262,592

Up $857,320 (+9.1%) from 2023

Expenses

Up

$9,412,592

Up $1,252,319 (+15%) from 2023

Net Income

Down

$850,000

Down $394,999 (-32%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth27th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $75,818,338Liabilities 2010: $69,195,403Net Assets 2010: $6,622,9352010Assets 2012: $85,378,301Liabilities 2012: $77,033,057Net Assets 2012: $8,345,2442012Assets 2013: $90,542,443Liabilities 2013: $81,122,199Net Assets 2013: $9,420,2442013Assets 2014: $105,905,806Liabilities 2014: $95,425,562Net Assets 2014: $10,480,2442014Assets 2015: $124,655,099Liabilities 2015: $112,267,692Net Assets 2015: $12,387,4072015Assets 2016: $132,957,545Liabilities 2016: $119,090,138Net Assets 2016: $13,867,4072016Assets 2017: $137,543,638Liabilities 2017: $122,291,229Net Assets 2017: $15,252,4092017Assets 2018: $147,772,817Liabilities 2018: $131,225,408Net Assets 2018: $16,547,4092018Assets 2019: $161,079,395Liabilities 2019: $143,526,986Net Assets 2019: $17,552,4092019Assets 2020: $178,043,092Liabilities 2020: $159,385,683Net Assets 2020: $18,657,4092020Assets 2021: $176,575,582Liabilities 2021: $156,933,173Net Assets 2021: $19,642,4092021Assets 2022: $167,341,936Liabilities 2022: $146,609,527Net Assets 2022: $20,732,4092022Assets 2023: $159,056,358Liabilities 2023: $137,078,950Net Assets 2023: $21,977,4082023Assets 2024: $164,181,923Liabilities 2024: $141,354,514Net Assets 2024: $22,827,4092024

Highlighted filing

2024

Assets$164,181,923
Liabilities$141,354,514
Net Assets$22,827,409
Open 2024 Filing

Operations Trend

Revenue Growth28th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Expenses 2010: $3,827,0552010Expenses 2012: $4,030,2192012Revenue 2013: $5,119,482Expenses 2013: $4,044,482Net Income 2013: $1,075,0002013Revenue 2014: $5,823,827Expenses 2014: $4,763,827Net Income 2014: $1,060,0002014Revenue 2015: $6,785,336Expenses 2015: $5,505,338Net Income 2015: $1,279,9982015Revenue 2016: $7,081,084Expenses 2016: $5,601,084Net Income 2016: $1,480,0002016Revenue 2017: $7,317,059Expenses 2017: $5,932,057Net Income 2017: $1,385,0022017Revenue 2018: $7,952,305Expenses 2018: $6,657,305Net Income 2018: $1,295,0002018Revenue 2019: $8,664,766Expenses 2019: $7,659,766Net Income 2019: $1,005,0002019Revenue 2020: $8,497,512Expenses 2020: $7,392,512Net Income 2020: $1,105,0002020Revenue 2021: $8,014,799Expenses 2021: $7,029,799Net Income 2021: $985,0002021Revenue 2022: $8,606,923Expenses 2022: $7,516,923Net Income 2022: $1,090,0002022Revenue 2023: $9,405,272Expenses 2023: $8,160,273Net Income 2023: $1,244,9992023Revenue 2024: $10,262,592Expenses 2024: $9,412,592Net Income 2024: $850,0002024

Highlighted filing

2024

Revenue$10,262,592
Expenses$9,412,592
Net Income$850,000
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$164,181,923
Liabilities
$141,354,514
Net assets
$22,827,409
Revenue
$10,262,592
Expenses
$9,412,592
Net income
$850,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$164$141$22.8$10.3$9.41$0.85
2023Detailed filing. Detailed filing data is available for this year.$159$137$22.0$9.41$8.16$1.24
2022Detailed filing. Detailed filing data is available for this year.$167$147$20.7$8.61$7.52$1.09
2021Detailed filing. Detailed filing data is available for this year.$177$157$19.6$8.01$7.03$0.99
2020Detailed filing. Detailed filing data is available for this year.$178$159$18.7$8.50$7.39$1.11
2019Detailed filing. Detailed filing data is available for this year.$161$144$17.6$8.66$7.66$1.01
2018Detailed filing. Detailed filing data is available for this year.$148$131$16.5$7.95$6.66$1.30
2017Detailed filing. Detailed filing data is available for this year.$138$122$15.3$7.32$5.93$1.39
2016Detailed filing. Detailed filing data is available for this year.$133$119$13.9$7.08$5.60$1.48
2015Detailed filing. Detailed filing data is available for this year.$125$112$12.4$6.79$5.51$1.28
2014Detailed filing. Detailed filing data is available for this year.$106$95.4$10.5$5.82$4.76$1.06
2013Detailed filing. Detailed filing data is available for this year.$90.5$81.1$9.42$5.12$4.04$1.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.4$77.0$8.35$4.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.8$69.2$6.62$3.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$10,262,592
Mission and Program Overview

Mission

Non-profit financial working to help consumers invest and borrow at the best rates and terms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$132,882,793$123,373,130▼ $9,509,663
Cash and Non-Interest-Bearing Accounts$12,096,003$27,189,968▲ $15,093,965
Rtn Earn Endowment Incm Other Fnds$11,933,093$12,783,094▲ $850,001
Pd in Cap Srpls Land Bldg Eqp Fund$8,939,315$8,939,315→ $0
Savings and Temporary Cash Investments$8,407,384$7,513,519▼ $893,865
Land, Buildings, and Equipment, Net$3,104,471$2,871,978▼ $232,493
Cap Stk Tr Prin Current Funds$1,105,000$1,105,000→ $0
Receivables From Officers Etc$219,480$585,977▲ $366,497
Prepaid Expenses and Deferred Charges$238,739$131,034▼ $107,705
Accounts Receivable$-344,047$-119,317▲ $224,730
Total Assets$159,056,358$164,181,923▲ $5,125,565
Other Assets Total$2,451,535$2,635,634▲ $184,099
Liabilities
Other Liabilities$133,230,335$140,614,639▲ $7,384,304
Mortgage Notes Payable Secured by Investment Property$3,000,000--
Accounts Payable and Accrued Expenses$848,615$739,875▼ $108,740
Total Liabilities$137,078,950$141,354,514▲ $4,275,564
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,977,408$22,827,409▲ $850,001
Total Liabilities and Net Assets / Fund Balance$159,056,358$164,181,923▲ $5,125,565

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,207,332$2,506,960$4,714,292
Equipment$203,617$781,297$984,914
Land$461,029-$461,029
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Patrick J DrennenCEOFT$295,910$295,910
Angela IzerCOOFT$158,853$158,853
Jenna PaysenCFOFT$104,742$104,742

Board Members and Trustees

NameTitle
Ann EisenmanBoard
Brian JohnsonBoard
Gary HainesBoard
Kerry KennedyBoard
Lanny ReedBoard
Marilyn RasmussenBoard
Rosann RaymondBoard
Steve CundiffBoard
Steve ZuidemaBoard
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,509,941
Investment Income
$1,429,052
Other Revenue
$1,323,599
Change in Net Assets
$850,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,262,592
Total Revenue per Audited Statements
$10,262,592
Total Revenue per Form 990
$10,262,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,097,131
Salaries, Compensation, and Employee Benefits$3,315,461
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,448,040--$2,448,040
Other Salaries and Wages$2,094,586--$2,094,586
Occupancy$871,798--$871,798
Advertising$591,734--$591,734
Current Officers, Directors, Trustees, and Key Employees$559,505--$559,505
Other Employee Benefits$318,998--$318,998
Office Expenses$293,912--$293,912
Depreciation Depletion$230,330--$230,330
Payroll Taxes$194,673--$194,673
Other Expenses$169,595--$169,595
All Other Expenses$150,184--$150,184
Pension Plan Contributions$147,699--$147,699
Insurance$68,062--$68,062
Travel$47,273--$47,273
Payments to Affiliates$34,220--$34,220
Fees for Services Accounting$29,542--$29,542
Information Technology$12,076--$12,076
Conferences and Meetings$8,000--$8,000
Fees for Services Legal$5,661--$5,661
Total Functional Expenses$9,412,592$0$0$9,412,592

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,412,592
Expenses per Audited Statements$9,412,591
Total Expenses per Audited Statements$9,412,591
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
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$219,480$585,977▲ $366,497
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares$140,614,639
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

“1st gateway credit union has an audit committee which is compromised of 3 board members and the coo. The committee solicits the cpa for the opinion audit and the audit chair signs the contract to perform the audit. No changes in processes from prior years. Please note: audited financial statements were issued for the year ending august 31, 2024. The financial information recorded on form 990 was based on unaudited financial statements for the tax year ending december 31, 2024.”

Form 990, Page 6, Part VI, Line 6

“1st gateway is supported by its members.”

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

“Credit union members are allowed to elect individuals to sit on the organization's board of directors.”

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

“A copy of form 990 was provided to the organization's governing body before it was filed. Both the board and management reviews the return.”

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

“The conflict of interest policy is reviewed annually and management is responsible for monitoring.”

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

“1st gateway credit union has an outside firm (compease) that they utilize to determine appropriate wage scales. Surveys are based on demographics and asset size.”

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

“1st gateway credit union has an outside firm (compease) that they utilize ot determine appropriate wage scales. Surveys are based on demographics and asset size.”

Form 990, Page 6, Part VI, Line 19

“Financial statements are posted in the lobby. Other governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
1st Gateway Credit Union
EIN
42-0802440
Phone
5635434121
Address
PO BOX 110, CAMANCHE, IA 52730

Signing Officer

Name
Patrick J Drennen
Title
CEO
Phone
5632434121
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick J Drennen
Formed
1953
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
57

Preparer

Firm
Anderson Larkin & Co Pc
Address
221 N WAPELLO, OTTUMWA, IA 52501
Preparer
Kenneth E Crosser
Phone
6416845489
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book / tax depreciation difference 1”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

“Book / tax depreciation difference 1”

Raw XML AppendixShowing 400 of 451 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0848615
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0739875
IRS990/AccountsReceivableGrp/BOYAmt0-344047
IRS990/AccountsReceivableGrp/EOYAmt0-119317
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0NON-PROFIT FINANCIAL WORKING TO HELP CONSUMERS INVEST AND BORROW AT THE BEST RATES AND TERMS.
IRS990/AdvertisingGrp/ProgramServicesAmt0591734
IRS990/AdvertisingGrp/TotalAmt0591734
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0150184
IRS990/AllOtherExpensesGrp/TotalAmt0150184
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JENNA PAYSEN
IRS990/BooksInCareOfDetail/PhoneNum05632434121
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 110
IRS990/BooksInCareOfDetail/USAddress/CityNm0CAMANCHE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052730
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01105000
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01105000
IRS990/CashNonInterestBearingGrp/BOYAmt012096003
IRS990/CashNonInterestBearingGrp/EOYAmt027189968
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0559505
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0559505
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt08000
IRS990/ConferencesMeetingsGrp/TotalAmt08000
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01429052
IRS990/CYOtherExpensesAmt06097131
IRS990/CYOtherRevenueAmt01323599
IRS990/CYProgramServiceRevenueAmt07509941
IRS990/CYRevenuesLessExpensesAmt0850000
IRS990/CYSalariesCompEmpBnftPaidAmt03315461
IRS990/CYTotalExpensesAmt09412592
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010262592
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0230330
IRS990/DepreciationDepletionGrp/TotalAmt0230330
IRS990/Desc01ST GATEWAY CREDIT UNION ATTEMPTS TO DIFFERENTIATE ITSELF FROM OTHER FINANCIAL ORGANIZATIONS BY EXCELLING AS A "RELATIONSHIP/LOYALTY BUILDER." THE ORGANIZATION'S GOAL IS TO BUILD MUTUALLY BENEFICIAL MEMBER RELATIONSHIPS THAT PROVIDE SUPERIOR OVERAL SOLUTION TO EACH INDIVIDUAL FINANCIAL SERVICES NEEDS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt057
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt09412592
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt029542
IRS990/FeesForServicesAccountingGrp/TotalAmt029542
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05661
IRS990/FeesForServicesLegalGrp/TotalAmt05661
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0PATRICK J DRENNEN
IRS990/Form990PartVIISectionAGrp/PersonNm1ANGELA IZER
IRS990/Form990PartVIISectionAGrp/PersonNm2JENNA PAYSEN
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVE CUNDIFF
IRS990/Form990PartVIISectionAGrp/PersonNm4ANN EISENMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5GARY HAINES
IRS990/Form990PartVIISectionAGrp/PersonNm6BRIAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm7KERRY KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm8MARILYN RASMUSSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9ROSANN RAYMOND
IRS990/Form990PartVIISectionAGrp/PersonNm10LANNY REED
IRS990/Form990PartVIISectionAGrp/PersonNm11STEVE ZUIDEMA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0295910
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1158853
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2104742
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/ReportableCompFromOrgAmt110
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/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1COO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010262592
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt012076
IRS990/InformationTechnologyGrp/TotalAmt012076
IRS990/InsuranceGrp/ProgramServicesAmt068062
IRS990/InsuranceGrp/TotalAmt068062
IRS990/InterestGrp/ProgramServicesAmt02448040
IRS990/InterestGrp/TotalAmt02448040
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01429052
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01429052
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03935
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03288257
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03104471
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02871978
IRS990/LandBldgEquipCostOrOtherBssAmt06160235
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NON-PROFIT FINANCIAL WORKING TO HELP CONSUMERS INVEST AND BORROW AT THE BEST RATES AND TERMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03000000
IRS990/NetAssetsOrFundBalancesBOYAmt021977408
IRS990/NetAssetsOrFundBalancesEOYAmt022827409
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0871798
IRS990/OccupancyGrp/TotalAmt0871798
IRS990/OfficeExpensesGrp/ProgramServicesAmt0293912
IRS990/OfficeExpensesGrp/TotalAmt0293912
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02451535
IRS990/OtherAssetsTotalGrp/EOYAmt02635634
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0318998
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0318998
IRS990/OtherExpensesGrp/Desc0OTHER OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc1LOAN LOSS & RESERVES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0561573
IRS990/OtherExpensesGrp/ProgramServicesAmt1300248
IRS990/OtherExpensesGrp/ProgramServicesAmt2274883
IRS990/OtherExpensesGrp/ProgramServicesAmt3169595
IRS990/OtherExpensesGrp/TotalAmt0561573
IRS990/OtherExpensesGrp/TotalAmt1300248
IRS990/OtherExpensesGrp/TotalAmt2274883
IRS990/OtherExpensesGrp/TotalAmt3169595
IRS990/OtherLiabilitiesGrp/BOYAmt0133230335
IRS990/OtherLiabilitiesGrp/EOYAmt0140614639
IRS990/OtherRevenueMiscGrp/Desc0FEES AND CHARGES
IRS990/OtherRevenueMiscGrp/Desc1GAIN ON DISPOSAL
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01320325
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13274
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01320325
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13274
IRS990/OtherRevenueTotalAmt01323599
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02094586
IRS990/OtherSalariesAndWagesGrp/TotalAmt02094586
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0132882793
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0123373130
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt034220
IRS990/PaymentsToAffiliatesGrp/TotalAmt034220
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0194673
IRS990/PayrollTaxesGrp/TotalAmt0194673
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt08939315
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt08939315
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0147699
IRS990/PensionPlanContributionsGrp/TotalAmt0147699
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0238739
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0131034
IRS990/PrincipalOfficerNm0PATRICK J DRENNEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07509941
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07509941
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0933274
IRS990/PYOtherExpensesAmt04969048
IRS990/PYOtherRevenueAmt01381334
IRS990/PYProgramServiceRevenueAmt07090664
IRS990/PYRevenuesLessExpensesAmt01244999
IRS990/PYSalariesCompEmpBnftPaidAmt03191225
IRS990/PYTotalExpensesAmt08160273
IRS990/PYTotalRevenueAmt09405272
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0219480
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0585977
IRS990/ReconcilationRevenueExpnssAmt0850000
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07509941
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011933093
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012783094
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08407384
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07513519
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02207332
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02506960
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04714292
IRS990ScheduleD/EquipmentGrp/BookValueAmt0203617
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0781297
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0984914
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01
IRS990ScheduleD/ExpensesSubtotalAmt09412591
IRS990ScheduleD/LandGrp/BookValueAmt0461029
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0461029
IRS990ScheduleD/OtherExpensesNotIncludedAmt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0140614639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES
IRS990ScheduleD/RevenueSubtotalAmt010262592
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02871978
IRS990ScheduleD/TotalExpensesPerForm990Amt09412592
IRS990ScheduleD/TotalLiabilityAmt0140614639
IRS990ScheduleD/TotalRevenuePerForm990Amt010262592
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010262592
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09412591
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0295910
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1158853
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICK J DRENNEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ANGELA IZER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0295910
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1158853
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0327737
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1180922
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt277318
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0HOME LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1REFINANCING HOME LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2REFINANCING HOME LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0198000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1189000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt280000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JENNA PAYSEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1PATRICK DRENNEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2ANGELA IZER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CFO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2COO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt0585977
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01ST GATEWAY CREDIT UNION HAS AN AUDIT COMMITTEE WHICH IS COMPROMISED OF 3 BOARD MEMBERS AND THE COO. THE COMMITTEE SOLICITS THE CPA FOR THE OPINION AUDIT AND THE AUDIT CHAIR SIGNS THE CONTRACT TO PERFORM THE AUDIT. NO CHANGES IN PROCESSES FROM PRIOR YEARS. PLEASE NOTE: AUDITED FINANCIAL STATEMENTS WERE ISSUED FOR THE YEAR ENDING AUGUST 31, 2024. THE FINANCIAL INFORMATION RECORDED ON FORM 990 WAS BASED ON UNAUDITED FINANCIAL STATEMENTS FOR THE TAX YEAR ENDING DECEMBER 31, 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ST GATEWAY IS SUPPORTED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT UNION MEMBERS ARE ALLOWED TO ELECT INDIVIDUALS TO SIT ON THE ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. BOTH THE BOARD AND MANAGEMENT REVIEWS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND MANAGEMENT IS RESPONSIBLE FOR MONITORING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt51ST GATEWAY CREDIT UNION HAS AN OUTSIDE FIRM (COMPEASE) THAT THEY UTILIZE TO DETERMINE APPROPRIATE WAGE SCALES. SURVEYS ARE BASED ON DEMOGRAPHICS AND ASSET SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt61ST GATEWAY CREDIT UNION HAS AN OUTSIDE FIRM (COMPEASE) THAT THEY UTILIZE OT DETERMINE APPROPRIATE WAGE SCALES. SURVEYS ARE BASED ON DEMOGRAPHICS AND ASSET SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 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/TotalAssetsBOYAmt0159056358
IRS990/TotalAssetsEOYAmt0164181923
IRS990/TotalAssetsGrp/BOYAmt0159056358
IRS990/TotalAssetsGrp/EOYAmt0164181923
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09412592
IRS990/TotalFunctionalExpensesGrp/TotalAmt09412592
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0137078950
IRS990/TotalLiabilitiesEOYAmt0141354514
IRS990/TotalLiabilitiesGrp/BOYAmt0137078950
IRS990/TotalLiabilitiesGrp/EOYAmt0141354514

Document Assets

No mirrored PDF or thumbnail assets are attached yet.