Civic Intelligence

Iowa Corporate Central Credit Union

EIN 42-0803649 • 501(c)14 • Humboldt, IA

Profile

To provide lending, savings and other financial services to its qualifying members with a "service based emphasis" that recognizes the members status as "owners."

1208 N 13th StHumboldt, IA 50548

www.powercoopcu.com

Siviq Scores

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

Liabilities / Assets

30th percentile

0.85x

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

501(c)14 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

16.99x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Net Margin

85th percentile

23%

Higher net margin than 85% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

10th percentile

$95,070

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Asset Growth

92nd percentile

10%

Faster asset growth than 92% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

50%

Faster revenue growth than 99% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$70,276,014

Up $6,490,809 (+10%) from 2023

Liabilities

Up

$59,970,316

Up $5,663,051 (+10%) from 2023

Net Assets

Up

$10,305,698

Up $827,758 (+8.7%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin85th percentile

Revenue

Up

$3,530,211

Up $1,182,495 (+50%) from 2023

Expenses

Up

$2,702,453

Up $811,615 (+43%) from 2023

Net Income

Up

$827,758

Up $370,880 (+81%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

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

$80M$60M$40M$20M$0Assets 2010: $22,737,505Liabilities 2010: $19,958,340Net Assets 2010: $2,779,1652010Assets 2012: $26,699,803Liabilities 2012: $23,231,272Net Assets 2012: $3,468,5312012Assets 2013: $28,668,075Liabilities 2013: $24,869,844Net Assets 2013: $3,798,2312013Assets 2014: $29,944,216Liabilities 2014: $25,799,459Net Assets 2014: $4,144,7572014Assets 2015: $30,292,349Liabilities 2015: $25,557,419Net Assets 2015: $4,734,9302015Assets 2016: $31,720,236Liabilities 2016: $26,388,838Net Assets 2016: $5,331,3982016Assets 2017: $34,269,496Liabilities 2017: $28,306,389Net Assets 2017: $5,963,1072017Assets 2018: $34,682,461Liabilities 2018: $28,060,820Net Assets 2018: $6,621,6412018Assets 2019: $34,271,272Liabilities 2019: $26,911,300Net Assets 2019: $7,359,9722019Assets 2020: $42,167,943Liabilities 2020: $34,205,373Net Assets 2020: $7,962,5702020Assets 2021: $53,814,360Liabilities 2021: $45,363,790Net Assets 2021: $8,450,5702021Assets 2022: $56,718,757Liabilities 2022: $47,697,695Net Assets 2022: $9,021,0622022Assets 2023: $63,785,205Liabilities 2023: $54,307,265Net Assets 2023: $9,477,9402023Assets 2024: $70,276,014Liabilities 2024: $59,970,316Net Assets 2024: $10,305,6982024

Highlighted filing

2024

Assets$70,276,014
Liabilities$59,970,316
Net Assets$10,305,698
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $705,1112010Expenses 2012: $673,3482012Revenue 2013: $975,803Expenses 2013: $646,103Net Income 2013: $329,7002013Revenue 2014: $1,000,420Expenses 2014: $653,894Net Income 2014: $346,5262014Revenue 2015: $1,177,491Expenses 2015: $587,318Net Income 2015: $590,1732015Revenue 2016: $1,172,562Expenses 2016: $576,094Net Income 2016: $596,4682016Revenue 2017: $1,309,900Expenses 2017: $680,833Net Income 2017: $629,0672017Revenue 2018: $1,438,982Expenses 2018: $780,448Net Income 2018: $658,5342018Revenue 2019: $1,583,097Expenses 2019: $844,766Net Income 2019: $738,3312019Revenue 2020: $1,593,392Expenses 2020: $990,794Net Income 2020: $602,5982020Revenue 2021: $1,585,098Expenses 2021: $1,097,098Net Income 2021: $488,0002021Revenue 2022: $1,838,871Expenses 2022: $1,268,379Net Income 2022: $570,4922022Revenue 2023: $2,347,716Expenses 2023: $1,890,838Net Income 2023: $456,8782023Revenue 2024: $3,530,211Expenses 2024: $2,702,453Net Income 2024: $827,7582024

Highlighted filing

2024

Revenue$3,530,211
Expenses$2,702,453
Net Income$827,758
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$70,276,014
Liabilities
$59,970,316
Net assets
$10,305,698
Revenue
$3,530,211
Expenses
$2,702,453
Net income
$827,758
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.3$60.0$10.3$3.53$2.70$0.83
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.8$54.3$9.48$2.35$1.89$0.46
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.7$47.7$9.02$1.84$1.27$0.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.8$45.4$8.45$1.59$1.10$0.49
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.2$34.2$7.96$1.59$0.99$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.3$26.9$7.36$1.58$0.84$0.74
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.7$28.1$6.62$1.44$0.78$0.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.3$28.3$5.96$1.31$0.68$0.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.7$26.4$5.33$1.17$0.58$0.60
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.3$25.6$4.73$1.18$0.59$0.59
2014Detailed filing. Detailed filing data is available for this year.$29.9$25.8$4.14$1.00$0.65$0.35
2013Detailed filing. Detailed filing data is available for this year.$28.7$24.9$3.80$0.98$0.65$0.33
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.7$23.2$3.47$0.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.7$20.0$2.78$0.71
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 4, 2023
Return Version
2022v5.0
Gross Receipts
$1,838,871
Mission and Program Overview

Mission

To provide lending, savings and other financial services to its qualifying members with a "service based emphasis" that recognizes the members status as "owners."

Provide lending, savings, and other financial services to qualifying members with a service-based emphasis that recognizes the members' statuses as owners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$28,434,875$29,740,504▲ $1,305,629
Other Notes and Loans Receivable, Net$20,095,289$23,117,090▲ $3,021,801
Rtn Earn Endowment Incm Other Fnds$8,450,570$9,021,062▲ $570,492
Investments Program Related$2,431,168$1,612,211▼ $818,957
Cash and Non-Interest-Bearing Accounts$2,084,044$1,172,248▼ $911,796
Land, Buildings, and Equipment, Net$100,794$310,638▲ $209,844
Receivables From Officers Etc$131,703$133,174▲ $1,471
Prepaid Expenses and Deferred Charges$46,576$32,793▼ $13,783
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$53,814,360$56,718,757▲ $2,904,397
Other Assets Total$489,911$600,099▲ $110,188
Liabilities
Other Liabilities$45,320,919$47,589,749▲ $2,268,830
Accounts Payable and Accrued Expenses$42,871$107,946▲ $65,075
Total Liabilities$45,363,790$47,697,695▲ $2,333,905
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,450,570$9,021,062▲ $570,492
Total Liabilities and Net Assets / Fund Balance$53,814,360$56,718,757▲ $2,904,397

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$292,725$106,226$398,951
Other Land Buildings$7,913$106,742$114,655
Land$10,000-$10,000
Compensation and Service Providers
Top Officer Pay10th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vicki HoldenManagerFT$97,386$2,836$100,222

Board Members and Trustees

NameTitle
Carla HofmasterChairman
Kerri MertzPresident
Sandra WurnVice Chairman
Dorothy GoodellDirector
Lee SmithDirector
Pamela ConlonDirector
Ron CollinsDirector
Sarah DornathDirector
Lori DemuthSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,228,006
Investment Income
$361,572
Other Revenue
$249,293
Change in Net Assets
$570,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$870,418
Salaries, Compensation, and Employee Benefits$397,961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$211,703--$211,703
Office Expenses$119,979--$119,979
Current Officers, Directors, Trustees, and Key Employees$97,386--$97,386
Other Employee Benefits$56,704--$56,704
Other Expenses$35,344--$35,344
Payroll Taxes$24,383--$24,383
Advertising$21,773--$21,773
Occupancy$21,178--$21,178
Fees for Services Other$18,125--$18,125
Depreciation Depletion$17,711--$17,711
Insurance$13,915--$13,915
Pension Plan Contributions$7,785--$7,785
Conferences and Meetings$7,000--$7,000
Travel$2,703--$2,703
Interest$31--$31
Total Functional Expenses$1,268,379$0$0$1,268,379
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$131,703$133,174▲ $1,471
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Savings$47,589,749
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
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

“Credit union membership consists of natural persons and entities as approved from time to time by and recorded at the office of the Superintendent of Credit Unions. Membership consists of those persons in the common bond who have subscribed to one ownership share and have complied with the other requirements as specified by the articles of incorporation and bylaws.”

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

“At each annual meeting, one member shall be elected to fill each Board of Directors position vacated by reason of an expiring term or any other cause. Each member has one vote to cast at this meeting.”

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

“The majority of members present at any given meeting may vote to modify, amend, or reverse any act of the Board of Directors, or instruct the Board to take action not inconsistent with the articles, bylaws, or the Iowa Code. In order to be binding upon the Board of Directors, any action requires an affirmative vote of a majority of eligible members.”

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

“Copies of the 990 are furnished to all members of the Board before filing.”

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

“The organization requires officers and directors to disclose annually any interest that could give rise to such conflicts, to identify any potential conflicts of interest, every insider provides an annual statement.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflicts of interest policy, and financial statements available upon request. Additionally, financial statements are posted in the credit union office.”

Filing and Contact Details

Filer

Filer Name
Power Co-op Employees Credit Union
EIN
42-0803649
Phone
5153324096
Address
1208 N 13th St, Humboldt, IA 50548

Signing Officer

Name
Vicki Holden
Title
Manager
Signed
2023-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicki Holden
Formed
1956
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
6

Preparer

Firm
Tp Anderson & Company Pc Cpas
Address
528 Sumner Avenue, HUMBOLDT, IA 50548
Preparer
Abby Schreck
Phone
5153323466
Raw XML AppendixShowing 400 of 436 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
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IRS990/BooksInCareOfDetail/PhoneNum05153324096
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01208 N 13th St
IRS990/BooksInCareOfDetail/USAddress/CityNm0Humboldt
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050548
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IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07000
IRS990/ConferencesMeetingsGrp/TotalAmt07000
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/DescribedInSection501c3Ind0false
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IRS990/EmployeeCnt06
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IRS990/ExpenseAmt01268379
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IRS990/Form990PartVIISectionAGrp/PersonNm0Vicki Holden
IRS990/Form990PartVIISectionAGrp/PersonNm1Dorothy Goodell
IRS990/Form990PartVIISectionAGrp/PersonNm2Sandra Wurn
IRS990/Form990PartVIISectionAGrp/PersonNm3Ron Collins
IRS990/Form990PartVIISectionAGrp/PersonNm4Lori Demuth
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IRS990/Form990PartVIISectionAGrp/PersonNm6Pamela Conlon
IRS990/Form990PartVIISectionAGrp/PersonNm7Lee Smith
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
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IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt013915
IRS990/InsuranceGrp/TotalAmt013915
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt031
IRS990/InterestGrp/TotalAmt031
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0361572
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0361572
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02431168
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01612211
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02327
IRS990/IRPDocumentW2GCnt02
IRS990/LandBldgEquipAccumDeprecAmt0212968
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0100794
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0310638
IRS990/LandBldgEquipCostOrOtherBssAmt0523606
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide lending, savings, and other financial services to qualifying members with a service-based emphasis that recognizes the members' statuses as owners.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08450570
IRS990/NetAssetsOrFundBalancesEOYAmt09021062
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt021178
IRS990/OccupancyGrp/TotalAmt021178
IRS990/OfficeExpensesGrp/ProgramServicesAmt0119979
IRS990/OfficeExpensesGrp/TotalAmt0119979
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0489911
IRS990/OtherAssetsTotalGrp/EOYAmt0600099
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056704
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056704
IRS990/OtherExpensesGrp/Desc0Dividend Expense
IRS990/OtherExpensesGrp/Desc1Other Expenses
IRS990/OtherExpensesGrp/Desc2Loan Servicing Expenses
IRS990/OtherExpensesGrp/Desc3Data Processing Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt0495099
IRS990/OtherExpensesGrp/ProgramServicesAmt177201
IRS990/OtherExpensesGrp/ProgramServicesAmt240359
IRS990/OtherExpensesGrp/ProgramServicesAmt335344
IRS990/OtherExpensesGrp/TotalAmt0495099
IRS990/OtherExpensesGrp/TotalAmt177201
IRS990/OtherExpensesGrp/TotalAmt240359
IRS990/OtherExpensesGrp/TotalAmt335344
IRS990/OtherLiabilitiesGrp/BOYAmt045320919
IRS990/OtherLiabilitiesGrp/EOYAmt047589749
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0Misc Operating Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0249293
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0249293
IRS990/OtherRevenueTotalAmt0249293
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0211703
IRS990/OtherSalariesAndWagesGrp/TotalAmt0211703
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020095289
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt023117090
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt024383
IRS990/PayrollTaxesGrp/TotalAmt024383
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07785
IRS990/PensionPlanContributionsGrp/TotalAmt07785
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046576
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032793
IRS990/PrincipalOfficerNm0Vicki Holden
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0Loan Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01228006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01228006
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0241751
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0763781
IRS990/PYOtherRevenueAmt0227999
IRS990/PYProgramServiceRevenueAmt01115348
IRS990/PYRevenuesLessExpensesAmt0488000
IRS990/PYSalariesCompEmpBnftPaidAmt0333317
IRS990/PYTotalExpensesAmt01097098
IRS990/PYTotalRevenueAmt01585098
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0131703
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0133174
IRS990/ReconcilationRevenueExpnssAmt0570492
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08450570
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09021062
IRS990/SavingsAndTempCashInvstGrp/BOYAmt028434875
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029740504
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0292725
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0106226
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0398951
IRS990ScheduleD/LandGrp/BookValueAmt010000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07913
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0106742
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0114655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047589749
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Savings
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0310638
IRS990ScheduleD/TotalLiabilityAmt047589749
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt039874
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt13132
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt290168
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/LoanPurposeTxt0Auto Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1LOC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Home Equity
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt039874
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt13132
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Carla Hofmaster
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Sandra Wurn
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Sandra Wurn
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Chairman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Vice Chair
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Vice Chair
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt0133174
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Credit union membership consists of natural persons and entities as approved from time to time by and recorded at the office of the Superintendent of Credit Unions. Membership consists of those persons in the common bond who have subscribed to one ownership share and have complied with the other requirements as specified by the articles of incorporation and bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At each annual meeting, one member shall be elected to fill each Board of Directors position vacated by reason of an expiring term or any other cause. Each member has one vote to cast at this meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The majority of members present at any given meeting may vote to modify, amend, or reverse any act of the Board of Directors, or instruct the Board to take action not inconsistent with the articles, bylaws, or the Iowa Code. In order to be binding upon the Board of Directors, any action requires an affirmative vote of a majority of eligible members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Copies of the 990 are furnished to all members of the Board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization requires officers and directors to disclose annually any interest that could give rise to such conflicts, to identify any potential conflicts of interest, every insider provides an annual statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes its governing documents, conflicts of interest policy, and financial statements available upon request. Additionally, financial statements are posted in the credit union office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt053814360
IRS990/TotalAssetsEOYAmt056718757
IRS990/TotalAssetsGrp/BOYAmt053814360
IRS990/TotalAssetsGrp/EOYAmt056718757
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01268379
IRS990/TotalFunctionalExpensesGrp/TotalAmt01268379
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045363790
IRS990/TotalLiabilitiesEOYAmt047697695
IRS990/TotalLiabilitiesGrp/BOYAmt045363790
IRS990/TotalLiabilitiesGrp/EOYAmt047697695
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08450570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09021062
IRS990/TotalOtherCompensationAmt02836
IRS990/TotalProgramServiceExpensesAmt01268379
IRS990/TotalProgramServiceRevenueAmt01228006
IRS990/TotalReportableCompFromOrgAmt097386
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01838871
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01838871
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053814360
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt056718757
IRS990/TravelGrp/ProgramServicesAmt02703
IRS990/TravelGrp/TotalAmt02703
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09

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