Civic Intelligence

Metco Credit Union

990 • Fiscal year 2013 • EIN 42-0835734

Jan 01, 2013 to Dec 31, 2013 • Filed on May 07, 2014

Organization ProfileWWW.METCOCU.ORG

View Organization Page

115 8th Avenue SW52404

(319) 398-5007

Siviq Scores

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

Liabilities / Assets

58th percentile

0.89x

Higher debt load relative to assets than 58% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

39th percentile

17.91x

Higher debt load relative to revenue than 39% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Net Margin

52nd percentile

6.6%

Higher net margin than 52% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

76th percentile

$115,591

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Asset Growth

98th percentile

14%

Faster asset growth than 98% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$27,542,464

Up $3,432,430 (+14%) from 2012

Net Assets

Up

$3,070,928

Up $90,587 (+3.0%) from 2012

Liabilities

Up

$24,471,536

Up $3,341,843 (+16%) from 2012

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin52nd percentile

Revenue

$1,366,359

No earlier filing loaded for comparison.

Expenses

Up

$1,275,769

Up $60,494 (+5.0%) from 2012

Net Income

$90,590

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$60M$40M$20M$0Assets 2010: $21,035,854Liabilities 2010: $18,265,173Net Assets 2010: $2,770,6812010Assets 2012: $24,110,034Liabilities 2012: $21,129,693Net Assets 2012: $2,980,3412012Assets 2013: $27,542,464Liabilities 2013: $24,471,536Net Assets 2013: $3,070,9282013Assets 2014: $26,960,866Liabilities 2014: $23,777,395Net Assets 2014: $3,183,4712014Assets 2015: $29,478,527Liabilities 2015: $26,107,131Net Assets 2015: $3,371,3962015Assets 2016: $31,230,420Liabilities 2016: $27,678,635Net Assets 2016: $3,551,7852016Assets 2017: $32,316,283Liabilities 2017: $28,485,937Net Assets 2017: $3,830,3462017Assets 2018: $33,221,990Liabilities 2018: $29,161,094Net Assets 2018: $4,060,8962018Assets 2019: $36,772,129Liabilities 2019: $32,206,744Net Assets 2019: $4,565,3852019Assets 2020: $44,375,606Liabilities 2020: $39,182,061Net Assets 2020: $5,193,5452020Assets 2021: $49,036,368Liabilities 2021: $43,218,768Net Assets 2021: $5,817,6002021Assets 2022: $48,586,801Liabilities 2022: $42,237,790Net Assets 2022: $6,349,0112022Assets 2023: $51,114,083Liabilities 2023: $43,699,966Net Assets 2023: $7,414,1172023Assets 2024: $53,309,346Liabilities 2024: $44,540,750Net Assets 2024: $8,768,5962024

Highlighted filing

2013

Assets$27,542,464
Liabilities$24,471,536
Net Assets$3,070,928
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $1,300,2002010Expenses 2012: $1,215,2752012Revenue 2013: $1,366,359Expenses 2013: $1,275,769Net Income 2013: $90,5902013Revenue 2014: $1,355,337Expenses 2014: $1,242,794Net Income 2014: $112,5432014Revenue 2015: $1,458,212Expenses 2015: $1,270,287Net Income 2015: $187,9252015Revenue 2016: $1,489,402Expenses 2016: $1,309,013Net Income 2016: $180,3892016Revenue 2017: $1,758,456Expenses 2017: $1,479,895Net Income 2017: $278,5612017Revenue 2018: $1,786,576Expenses 2018: $1,556,026Net Income 2018: $230,5502018Revenue 2019: $2,206,928Expenses 2019: $1,673,506Net Income 2019: $533,4222019Revenue 2020: $2,105,477Expenses 2020: $1,477,317Net Income 2020: $628,1602020Revenue 2021: $2,079,830Expenses 2021: $1,455,775Net Income 2021: $624,0552021Revenue 2022: $2,042,977Expenses 2022: $1,511,566Net Income 2022: $531,4112022Revenue 2023: $2,933,328Expenses 2023: $1,868,222Net Income 2023: $1,065,1062023Revenue 2024: $3,504,632Expenses 2024: $2,150,153Net Income 2024: $1,354,4792024

Highlighted filing

2013

Revenue$1,366,359
Expenses$1,275,769
Net Income$90,590
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 7, 2014
Return Version
2013v3.0
Gross Receipts
$1,366,359
Mission and Program Overview

Mission

To help members with their finances, accept deposits and make loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$18,723,712$19,789,910▲ $1,066,198
Savings and Temporary Cash Investments$2,958,521$4,264,515▲ $1,305,994
Rtn Earn Endowment Incm Other Fnds$2,028,363$2,018,950▼ $9,413
Cash and Non-Interest-Bearing Accounts$313,520$1,596,185▲ $1,282,665
Pd in Cap Srpls Land Bldg Eqp Fund$951,978$1,051,978▲ $100,000
Land, Buildings, and Equipment, Net$789,360$719,136▼ $70,224
Prepaid Expenses and Deferred Charges$127,581$116,282▼ $11,299
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$24,110,034$27,542,464▲ $3,432,430
Other Assets Total$1,197,340$1,056,436▼ $140,904
Liabilities
Other Liabilities$20,975,977$24,326,110▲ $3,350,133
Accounts Payable and Accrued Expenses$153,716$145,426▼ $8,290
Total Liabilities$21,129,693$24,471,536▲ $3,341,843
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,980,341$3,070,928▲ $90,587
Total Liabilities and Net Assets / Fund Balance$24,110,034$27,542,464▲ $3,432,430

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$504,413$522,596$1,027,009
Equipment$82,289$283,230$365,519
Land$132,434-$132,434
Leasehold Improvements$0$11,242$11,242
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brad MertensPresident/CEO/CFOFT$94,064$21,527$115,591

Board Members and Trustees

NameTitle
Scott LabusAudit Chair
Chris SwiserChairman
Larry SpinaCredit Chair
John SchweitzerVice-chair
Jackie WaltherBoard Member
Kara KruegerBoard Member
Stephanie BoesenbergBoard Member
Ann OlsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$973,126
Investment Income
$22,820
Other Revenue
$370,413
Change in Net Assets
$90,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,366,359
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,881
Total Revenue per Audited Statements
$1,381,240
Total Revenue per Form 990
$1,366,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$826,936
Salaries, Compensation, and Employee Benefits$448,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$229,635--$229,635
Information Technology$122,995--$122,995
Interest$120,179--$120,179
Current Officers, Directors, Trustees, and Key Employees$115,591--$115,591
Depreciation Depletion$77,094--$77,094
Office Expenses$65,283--$65,283
All Other Expenses$62,787--$62,787
Other Employee Benefits$59,843--$59,843
Occupancy$51,019--$51,019
Advertising$50,392--$50,392
Payroll Taxes$28,622--$28,622
Fees for Services Accounting$21,540--$21,540
Payments to Affiliates$17,040--$17,040
Other Expenses$15,920--$15,920
Pension Plan Contributions$15,142--$15,142
Insurance$11,767--$11,767
Fees for Services Legal$3,403--$3,403
Travel$3,030--$3,030
Conferences and Meetings$1,800--$1,800
Total Functional Expenses$1,275,769$0$0$1,275,769

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,290,650
Expenses per Audited Statements$1,275,769
Total Expenses per Form 990$1,275,769
Expenses Not Reported on Form 990$14,881
Expenses Not Reported on Financial Statements$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$24,326,110
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 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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Metco credit union is supported by its members”

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

“Board members are elected by members of the credit union on an annual basis.”

Form 990, Part VI, Section B, Line 11

“A copy of the from 990 was not provided to the organization's governing body before it was filed. The return is reviewed by the ceo.”

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

“Metco credit union utilizes a compensation committee, compensation surveys and the approval of the board when estabilshing the compensation of the organization's ceo. Salary surveys are reviewed for position and size of the credit union. Also, key performance areas are reviewed and compared with peers.”

Form 990, Part VI, Section C, Line 19

“Organizational documents are available upon request and the financial statements are posted in the lobby.”

Filing and Contact Details

Filer

EIN
42-0835734
Phone
3193985007

Signing Officer

Name
Brad Mertens
Title
CEO
Phone
3193985007
Signed
2014-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Mertens
Formed
1957
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
12
Volunteers
0

Preparer

Preparer
C L Telk Jr CPA
Phone
5152701446
Supplemental Narrative

Additional Explanations

Form 990 Page 12 Part XII Line 3C

“The audit committee reviews the audited financials and discusses the audit with management and votes 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 than 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 provision for income taxes in the credit union's statement of income and are included as current liability in the balance sheet.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on disposition of assets 14,881.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on dispositon of assets 14,881.”

Raw XML AppendixShowing 400 of 405 raw XML fields

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

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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1112640
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0187069
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1112640
IRS990/OtherRevenueTotalAmt0370413
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0229635
IRS990/OtherSalariesAndWagesGrp/TotalAmt0229635
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018723712
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt019789910
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt017040
IRS990/PaymentsToAffiliatesGrp/TotalAmt017040
IRS990/PayrollTaxesGrp/ProgramServicesAmt028622
IRS990/PayrollTaxesGrp/TotalAmt028622
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0951978
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01051978
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015142
IRS990/PensionPlanContributionsGrp/TotalAmt015142
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0127581
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0116282
IRS990/PrincipalOfficerNm0BRAD MERTENS
IRS990/PriorPeriodAdjustmentsAmt0-3
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0973126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0973126
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042272
IRS990/PYOtherExpensesAmt0734088
IRS990/PYOtherRevenueAmt0333831
IRS990/PYProgramServiceRevenueAmt0962711
IRS990/PYRevenuesLessExpensesAmt0123539
IRS990/PYSalariesCompEmpBnftPaidAmt0481187
IRS990/PYTotalExpensesAmt01215275
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01338814
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt090590
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01343539
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02028363
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02018950
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02958521
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04264515
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0504413
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0522596
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01027009
IRS990ScheduleD/EquipmentGrp/BookValueAmt082289
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0283230
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0365519
IRS990ScheduleD/ExpensesNotReportedAmt014881
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01275769
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0132434
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0132434
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011242
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011242
IRS990ScheduleD/OtherExpensesIncludedAmt014881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024326110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/OtherRevenueAmt014881
IRS990ScheduleD/RevenueNotReportedAmt014881
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01366359
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 THAN 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 PROVISION FOR INCOME TAXES IN THE CREDIT UNION'S STATEMENT OF INCOME AND ARE INCLUDED AS CURRENT LIABILITY IN THE BALANCE SHEET.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSITION OF ASSETS 14,881.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON DISPOSITON OF ASSETS 14,881.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0719136
IRS990ScheduleD/TotalExpensesPerForm990Amt01275769
IRS990ScheduleD/TotalLiabilityAmt024326110
IRS990ScheduleD/TotalRevenuePerForm990Amt01366359
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01381240
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01290650
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0METCO CREDIT UNION IS SUPPORTED BY ITS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE ELECTED BY MEMBERS OF THE CREDIT UNION ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FROM 990 WAS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. THE RETURN IS REVIEWED BY THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3METCO CREDIT UNION UTILIZES A COMPENSATION COMMITTEE, COMPENSATION SURVEYS AND THE APPROVAL OF THE BOARD WHEN ESTABILSHING THE COMPENSATION OF THE ORGANIZATION'S CEO. SALARY SURVEYS ARE REVIEWED FOR POSITION AND SIZE OF THE CREDIT UNION. ALSO, KEY PERFORMANCE AREAS ARE REVIEWED AND COMPARED WITH PEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST AND THE FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE AUDIT COMMITTEE REVIEWS THE AUDITED FINANCIALS AND DISCUSSES THE AUDIT WITH MANAGEMENT AND VOTES 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 B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PAGE 12 PART XII LINE 3C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt024110034
IRS990/TotalAssetsEOYAmt027542464
IRS990/TotalAssetsGrp/BOYAmt024110034
IRS990/TotalAssetsGrp/EOYAmt027542464
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01275769
IRS990/TotalFunctionalExpensesGrp/TotalAmt01275769
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021129693
IRS990/TotalLiabilitiesEOYAmt024471536
IRS990/TotalLiabilitiesGrp/BOYAmt021129693
IRS990/TotalLiabilitiesGrp/EOYAmt024471536
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02980341
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03070928
IRS990/TotalOtherCompensationAmt021527
IRS990/TotalProgramServiceExpensesAmt01275769
IRS990/TotalProgramServiceRevenueAmt0973126
IRS990/TotalReportableCompFromOrgAmt094064
IRS990/TotalRevenueGrp/ExclusionAmt022820
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01343539
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01366359
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt024110034
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt027542464
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt03030
IRS990/TravelGrp/TotalAmt03030
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10115 8TH AVENUE SW
IRS990/USAddress/City0CEDAR RAPIDS
IRS990/USAddress/State0IA
IRS990/USAddress/ZIPCode052404
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.METCOCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRAD MERTENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03193985007
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine10METCO CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0METC
ReturnHeader/Filer/EIN0420835734
ReturnHeader/Filer/PhoneNum03193985007
ReturnHeader/Filer/USAddress/AddressLine10115 8TH AVENUE SW
ReturnHeader/Filer/USAddress/City0CEDAR RAPIDS
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode052404
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421186197
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10GARDINER THOMSEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1010555 NEW YORK AVENUE SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode050322
ReturnHeader/PreparerPersonGrp/PhoneNum05152701446
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C L TELK JR CPA

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,542,464
Liabilities
$24,471,536
Net assets
$3,070,928
Revenue
$1,366,359
Expenses
$1,275,769
Net income
$90,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$53.3$44.5$8.77$3.50$2.15$1.35
2023Detailed filing. Detailed filing data is available for this year.$51.1$43.7$7.41$2.93$1.87$1.07
2022Detailed filing. Detailed filing data is available for this year.$48.6$42.2$6.35$2.04$1.51$0.53
2021Detailed filing. Detailed filing data is available for this year.$49.0$43.2$5.82$2.08$1.46$0.62
2020Detailed filing. Detailed filing data is available for this year.$44.4$39.2$5.19$2.11$1.48$0.63
2019Detailed filing. Detailed filing data is available for this year.$36.8$32.2$4.57$2.21$1.67$0.53
2018Detailed filing. Detailed filing data is available for this year.$33.2$29.2$4.06$1.79$1.56$0.23
2017Detailed filing. Detailed filing data is available for this year.$32.3$28.5$3.83$1.76$1.48$0.28
2016Detailed filing. Detailed filing data is available for this year.$31.2$27.7$3.55$1.49$1.31$0.18
2015Detailed filing. Detailed filing data is available for this year.$29.5$26.1$3.37$1.46$1.27$0.19
2014Detailed filing. Detailed filing data is available for this year.$27.0$23.8$3.18$1.36$1.24$0.11
2013Detailed filing. Detailed filing data is available for this year.$27.5$24.5$3.07$1.37$1.28$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$21.1$2.98$1.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$18.3$2.77$1.30