Civic Intelligence

North Iowa Community Credit Union

EIN 42-0806064 • 501(c)14 • Mason City, IA

Profile

To provide financial services to our members such as checking, savings, and both personal and real estate loans.

640 South Federal AvenueMason City, IA 50401

www.niccu.com

Siviq Scores

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

Liabilities / Assets

77th percentile

0.91x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

23rd percentile

12.55x

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

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

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

58th percentile

$250,762

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

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

Asset Growth

29th percentile

0.5%

Faster asset growth than 29% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

22%

Faster revenue growth than 83% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$118,211,564

Up $14,925,454 (+14%) from 2022

Liabilities

Up

$107,935,676

Up $12,954,649 (+14%) from 2022

Net Assets

Up

$10,275,888

Up $1,970,805 (+24%) from 2022

Operations
Liabilities / Revenue23rd percentileNet Margin66th percentile

Revenue

Up

$8,601,576

Up $3,677,530 (+75%) from 2022

Expenses

Up

$7,242,279

Up $2,993,428 (+70%) from 2022

Net Income

Up

$1,359,297

Up $684,102 (+101%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

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

$150M$100M$50M$0Assets 2010: $53,645,834Liabilities 2010: $48,080,479Net Assets 2010: $5,565,3552010Assets 2013: $66,473,890Liabilities 2013: $60,017,174Net Assets 2013: $6,456,7162013Assets 2014: $61,744,509Liabilities 2014: $55,190,968Net Assets 2014: $6,553,5412014Assets 2015: $61,646,591Liabilities 2015: $55,084,929Net Assets 2015: $6,561,6622015Assets 2016: $63,146,021Liabilities 2016: $56,484,363Net Assets 2016: $6,661,6582016Assets 2017: $68,604,840Liabilities 2017: $61,817,007Net Assets 2017: $6,787,8332017Assets 2019: $76,444,346Liabilities 2019: $69,437,417Net Assets 2019: $7,006,9292019Assets 2020: $82,220,821Liabilities 2020: $75,113,892Net Assets 2020: $7,106,9292020Assets 2021: $84,536,441Liabilities 2021: $76,906,553Net Assets 2021: $7,629,8882021Assets 2022: $103,286,110Liabilities 2022: $94,981,027Net Assets 2022: $8,305,0832022Assets 2024: $118,211,564Liabilities 2024: $107,935,676Net Assets 2024: $10,275,8882024

Highlighted filing

2024

Assets$118,211,564
Liabilities$107,935,676
Net Assets$10,275,888
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

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

$10M$5.0M$0Expenses 2010: $3,073,5202010Revenue 2013: $3,510,572Expenses 2013: $3,506,325Net Income 2013: $4,2472013Revenue 2014: $3,247,092Expenses 2014: $3,154,875Net Income 2014: $92,2172014Revenue 2015: $3,173,284Expenses 2015: $3,165,163Net Income 2015: $8,1212015Revenue 2016: $3,173,963Expenses 2016: $3,073,969Net Income 2016: $99,9942016Revenue 2017: $3,356,753Expenses 2017: $3,230,576Net Income 2017: $126,1772017Revenue 2019: $4,166,909Expenses 2019: $4,086,028Net Income 2019: $80,8812019Revenue 2020: $4,111,853Expenses 2020: $4,011,853Net Income 2020: $100,0002020Revenue 2021: $4,419,625Expenses 2021: $3,896,666Net Income 2021: $522,9592021Revenue 2022: $4,924,046Expenses 2022: $4,248,851Net Income 2022: $675,1952022Revenue 2024: $8,601,576Expenses 2024: $7,242,279Net Income 2024: $1,359,2972024

Highlighted filing

2024

Revenue$8,601,576
Expenses$7,242,279
Net Income$1,359,297
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$118,211,564
Liabilities
$107,935,676
Net assets
$10,275,888
Revenue
$8,601,576
Expenses
$7,242,279
Net income
$1,359,297
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$118$108$10.3$8.60$7.24$1.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$103$95.0$8.31$4.92$4.25$0.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.5$76.9$7.63$4.42$3.90$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.2$75.1$7.11$4.11$4.01$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.4$69.4$7.01$4.17$4.09$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.6$61.8$6.79$3.36$3.23$0.13
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.1$56.5$6.66$3.17$3.07$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.6$55.1$6.56$3.17$3.17$0.01
2014Detailed filing. Detailed filing data is available for this year.$61.7$55.2$6.55$3.25$3.15$0.09
2013Detailed filing. Detailed filing data is available for this year.$66.5$60.0$6.46$3.51$3.51$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.6$48.1$5.57$3.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 3, 2025
Return Version
2024v5.1
Gross Receipts
$8,601,576
Mission and Program Overview

Mission

To provide financial services to our members such as checking, savings, and both personal and real estate loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$104,593,328$103,693,359▼ $899,969
Savings and Temporary Cash Investments$7,678,051$9,084,795▲ $1,406,744
Pd in Cap Srpls Land Bldg Eqp Fund$5,600,000$5,883,271▲ $283,271
Rtn Earn Endowment Incm Other Fnds$3,316,591$4,392,617▲ $1,076,026
Land, Buildings, and Equipment, Net$2,017,529$2,113,654▲ $96,125
Cash and Non-Interest-Bearing Accounts$792,335$918,482▲ $126,147
Prepaid Expenses and Deferred Charges$930,222$738,938▼ $191,284
Investments Program Related$325,470$325,470→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$117,579,827$118,211,564▲ $631,737
Other Assets Total$1,242,892$1,336,866▲ $93,974
Liabilities
Other Liabilities$107,348,508$106,462,239▼ $886,269
Accounts Payable and Accrued Expenses$1,314,728$1,473,437▲ $158,709
Total Liabilities$108,663,236$107,935,676▼ $727,560
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,916,591$10,275,888▲ $1,359,297
Total Liabilities and Net Assets / Fund Balance$117,579,827$118,211,564▲ $631,737

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$386,208$2,104,567$2,490,775
Buildings$904,546$1,152,795$2,057,341
Land$822,900-$822,900
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott J ShipmanPresidentFT$225,669$25,093$250,762
Susan HendershotCOOFT$126,472$12,627$139,099

Board Members and Trustees

NameTitle
Mark BroszChairman
Michael ShannonVice Chair
Jacob SchweitzerBoard Member
Kristin StockbergerBoard Member
Mae MilesBoard Member
Roger EskildsenBoard Member
Vicky GinderBoard Member
Kevin D EasleySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,632,024
Investment Income
$327,727
Other Revenue
$641,825
Change in Net Assets
$1,359,297

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,601,576
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,601,576
Total Revenue per Form 990
$8,601,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,866,164
Salaries, Compensation, and Employee Benefits$2,376,115
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,372,249--$2,372,249
Other Salaries and Wages$1,355,584--$1,355,584
Other Employee Benefits$482,740--$482,740
Office Expenses$413,943--$413,943
Current Officers, Directors, Trustees, and Key Employees$389,861--$389,861
Information Technology$175,037--$175,037
Depreciation Depletion$162,517--$162,517
Payroll Taxes$147,930--$147,930
Occupancy$114,512--$114,512
All Other Expenses$108,752--$108,752
Advertising$105,699--$105,699
Insurance$58,907--$58,907
Other Expenses$50,167--$50,167
Conferences and Meetings$24,790--$24,790
Fees for Services Accounting$21,400--$21,400
Travel$9,590--$9,590
Payments to Affiliates$9,077--$9,077
Fees for Services Legal$3,039--$3,039
Total Functional Expenses$7,242,279$0$0$7,242,279

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,242,279
Total Expenses per Audited Statements$7,242,279
Total Expenses per Form 990$7,242,279
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$106,462,239
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
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

“Board of directors are elected by the membership at the annual meeting.”

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

“Mergers are subject to member approval.”

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

“The form 990 is reviewed by directors at the board meeting.”

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

“The board and staff conflict of interest policies are renewed and reviewed on an annual basis.”

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

“The organization uses compease software for all staff. The president provides the compease recommendations to the board of directors. The board reviews and determine salaries increase.”

Form 990, Part VI, Section C, Line 19

“Financials statements are posted monthly in the lobby and mailed upon request. All other documents and policies are provided upon request.”

Filing and Contact Details

Filer

Filer Name
North Iowa Community Credit Union
EIN
42-0806064
Phone
6414242281
Address
640 SOUTH FEDERAL AVENUE, MASON CITY, IA 50401

Signing Officer

Name
Scott J Shipman
Title
President
Phone
6414242281
Signed
2025-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott J Shipman
Formed
1956
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
8
Employees
31
Volunteers
0

Preparer

Firm
Gardiner Company Pc
Address
10555 NEW YORK AVENUE SUITE 200, DES MOINES, IA 50322
Preparer
Robert Bell CPA
Phone
5152701446
Supplemental Narrative

Additional Explanations

Form 990 Page 12 XII Line 3C

“The audit committee reviews the audited financials and discusses the audit with management and vote on retention of auditors.”

Financial Statement Notes

PART X, LINE 2:

“In accordance with the income taxes topic of the fasb asc, the credit union evaluates uncertain tax benefits arising from tax positions taken or expected to be taken based upon the likelihood of being sustained upon examination by applicable tax authorities. If the credit union determines that a tax position is more likely than not of being sustained, it recognizes the largest amount of the arising benefit that is greater than 50% likely of being realized upon settlement in the financial statements. Any tax positions taken or expected to be taken that do not pass the more likely than not test, the credit union establishes reserves offsetting the benefits related to such positions. Interest and penalties, if any, are included in the current period provision for income taxes in the credit union's statement of income and are included as a current liability in the balance sheet.”

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01314728
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01473437
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS SUCH AS CHECKING, SAVINGS, AND BOTH PERSONAL AND REAL ESTATE LOANS.
IRS990/AdvertisingGrp/ProgramServicesAmt0105699
IRS990/AdvertisingGrp/TotalAmt0105699
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0108752
IRS990/AllOtherExpensesGrp/TotalAmt0108752
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SCOTT SHIPMAN
IRS990/BooksInCareOfDetail/PhoneNum06414242281
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0640 SOUTH FEDERAL AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MASON CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050401
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0792335
IRS990/CashNonInterestBearingGrp/EOYAmt0918482
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0389861
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0389861
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt024790
IRS990/ConferencesMeetingsGrp/TotalAmt024790
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0327727
IRS990/CYOtherExpensesAmt04866164
IRS990/CYOtherRevenueAmt0641825
IRS990/CYProgramServiceRevenueAmt07632024
IRS990/CYRevenuesLessExpensesAmt01359297
IRS990/CYSalariesCompEmpBnftPaidAmt02376115
IRS990/CYTotalExpensesAmt07242279
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08601576
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0162517
IRS990/DepreciationDepletionGrp/TotalAmt0162517
IRS990/Desc0THE ORGANIZATION PROVIDES DEPOSIT SERVICES, LOANS, AND COMMUNITY SUPPORT.THE NUMBER OF MEMBERS SERVED WAS APPROXIMATELY 11,212 DURING THE 2024 TAX YEAR.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt031
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt07242279
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt021400
IRS990/FeesForServicesAccountingGrp/TotalAmt021400
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03039
IRS990/FeesForServicesLegalGrp/TotalAmt03039
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
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/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/OtherCompensationAmt812627
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt913333
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK BROSZ
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL SHANNON
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN D EASLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3JACOB SCHWEITZER
IRS990/Form990PartVIISectionAGrp/PersonNm4VICKY GINDER
IRS990/Form990PartVIISectionAGrp/PersonNm5MAE MILES
IRS990/Form990PartVIISectionAGrp/PersonNm6ROGER ESKILDSEN
IRS990/Form990PartVIISectionAGrp/PersonNm7KRISTIN STOCKBERGER
IRS990/Form990PartVIISectionAGrp/PersonNm8SUSAN HENDERSHOT
IRS990/Form990PartVIISectionAGrp/PersonNm9SCOTT J SHIPMAN
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/ReportableCompFromOrgAmt8126472
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9237429
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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8COO
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08601576
IRS990/GrossRentsGrp/RealAmt089440
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0175037
IRS990/InformationTechnologyGrp/TotalAmt0175037
IRS990/InsuranceGrp/ProgramServicesAmt058907
IRS990/InsuranceGrp/TotalAmt058907
IRS990/InterestGrp/ProgramServicesAmt02372249
IRS990/InterestGrp/TotalAmt02372249
IRS990/InvestmentIncomeGrp/ExclusionAmt0327727
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0327727
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0325470
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0325470
IRS990/IRPDocumentCnt02416
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03257362
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02017529
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02113654
IRS990/LandBldgEquipCostOrOtherBssAmt05371016
IRS990/LegalDomicileStateCd0IA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0154381
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0154381
IRS990/MissionDesc0TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS SUCH AS CHECKING, SAVINGS, AND BOTH PERSONAL AND REAL ESTATE LOANS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08916591
IRS990/NetAssetsOrFundBalancesEOYAmt010275888
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt089440
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt089440
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0114512
IRS990/OccupancyGrp/TotalAmt0114512
IRS990/OfficeExpensesGrp/ProgramServicesAmt0413943
IRS990/OfficeExpensesGrp/TotalAmt0413943
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01242892
IRS990/OtherAssetsTotalGrp/EOYAmt01336866
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0482740
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0482740
IRS990/OtherExpensesGrp/Desc0LOAN EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2DEBIT/CREDIT CARD EXPEN
IRS990/OtherExpensesGrp/Desc3CREDIT REPORTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0698592
IRS990/OtherExpensesGrp/ProgramServicesAmt1300390
IRS990/OtherExpensesGrp/ProgramServicesAmt2237503
IRS990/OtherExpensesGrp/ProgramServicesAmt350167
IRS990/OtherExpensesGrp/TotalAmt0698592
IRS990/OtherExpensesGrp/TotalAmt1300390
IRS990/OtherExpensesGrp/TotalAmt2237503
IRS990/OtherExpensesGrp/TotalAmt350167
IRS990/OtherLiabilitiesGrp/BOYAmt0107348508
IRS990/OtherLiabilitiesGrp/EOYAmt0106462239
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/BusinessCd2522100
IRS990/OtherRevenueMiscGrp/Desc0FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1MORTGAGE FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc2ATM INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0329426
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt153888
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0329426
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt153888
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt214690
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt014690
IRS990/OtherRevenueTotalAmt0552385
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01355584
IRS990/OtherSalariesAndWagesGrp/TotalAmt01355584
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0104593328
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0103693359
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt09077
IRS990/PaymentsToAffiliatesGrp/TotalAmt09077
IRS990/PayrollTaxesGrp/ProgramServicesAmt0147930
IRS990/PayrollTaxesGrp/TotalAmt0147930
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt05600000
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt05883271
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0930222
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0738938
IRS990/PrincipalOfficerNm0SCOTT J SHIPMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1CREDIT/DEBIT CARD FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07157014
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1475010
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07157014
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1475010
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0273767
IRS990/PYOtherExpensesAmt04076735
IRS990/PYOtherRevenueAmt0614091
IRS990/PYProgramServiceRevenueAmt06171337
IRS990/PYRevenuesLessExpensesAmt0772647
IRS990/PYSalariesCompEmpBnftPaidAmt02209813
IRS990/PYTotalExpensesAmt06286548
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07059195
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01359297
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt089440
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08169719
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03316591
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04392617
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07678051
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09084795
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0904546
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01152795
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02057341
IRS990ScheduleD/EquipmentGrp/BookValueAmt0386208
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02104567
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02490775
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07242279
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0822900
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0822900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0106462239
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08601576
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH THE INCOME TAXES TOPIC OF THE FASB ASC, THE CREDIT UNION EVALUATES UNCERTAIN TAX BENEFITS ARISING FROM TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED UPON THE LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY APPLICABLE TAX AUTHORITIES. IF THE CREDIT UNION DETERMINES THAT A TAX POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED, IT RECOGNIZES THE LARGEST AMOUNT OF THE ARISING BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT IN THE FINANCIAL STATEMENTS. ANY TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT DO NOT PASS THE MORE LIKELY THAN NOT TEST, THE CREDIT UNION ESTABLISHES RESERVES OFFSETTING THE BENEFITS RELATED TO SUCH POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN THE CURRENT PERIOD PROVISION FOR INCOME TAXES IN THE CREDIT UNION'S STATEMENT OF INCOME AND ARE INCLUDED AS A CURRENT LIABILITY IN THE BALANCE SHEET.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02113654
IRS990ScheduleD/TotalExpensesPerForm990Amt07242279
IRS990ScheduleD/TotalLiabilityAmt0106462239
IRS990ScheduleD/TotalRevenuePerForm990Amt08601576
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08601576
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07242279
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0225669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount011760
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013333
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SCOTT J SHIPMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0250762
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0NORTH IOWA COMMUNITY CREDIT UNION UTILIZES A COMPENSATION COMMITTEE, HUMAN RESOURCES PERFORMANCE REVIEWS, SALARY SURVEYS AND BOARD APPROVAL WHEN ESTABLISHING THE COMPENSATION OF THE ORGANIZATION'S CEO.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A CREDIT UNION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MERGERS ARE SUBJECT TO MEMBER APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY DIRECTORS AT THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD AND STAFF CONFLICT OF INTEREST POLICIES ARE RENEWED AND REVIEWED ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION USES COMPEASE SOFTWARE FOR ALL STAFF. THE PRESIDENT PROVIDES THE COMPEASE RECOMMENDATIONS TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS AND DETERMINE SALARIES INCREASE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIALS STATEMENTS ARE POSTED MONTHLY IN THE LOBBY AND MAILED UPON REQUEST. ALL OTHER DOCUMENTS AND POLICIES ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE AUDIT COMMITTEE REVIEWS THE AUDITED FINANCIALS AND DISCUSSES THE AUDIT WITH MANAGEMENT AND VOTE ON RETENTION OF AUDITORS.
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 B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PAGE 12 XII LINE 3C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0117579827
IRS990/TotalAssetsEOYAmt0118211564
IRS990/TotalAssetsGrp/BOYAmt0117579827
IRS990/TotalAssetsGrp/EOYAmt0118211564
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07242279
IRS990/TotalFunctionalExpensesGrp/TotalAmt07242279
IRS990/TotalGrossUBIAmt014690
IRS990/TotalLiabilitiesBOYAmt0108663236
IRS990/TotalLiabilitiesEOYAmt0107935676
IRS990/TotalLiabilitiesGrp/BOYAmt0108663236
IRS990/TotalLiabilitiesGrp/EOYAmt0107935676
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08916591
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010275888
IRS990/TotalOtherCompensationAmt025960
IRS990/TotalProgramServiceExpensesAmt07242279

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)14 • $100M-$250M nonprofits