Civic Intelligence

Metco Credit Union

990 • Fiscal year 2015 • EIN 42-0835734

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 14, 2016

Organization ProfileWWW.METCOCU.ORG

View Organization Page

115 8th Avenue SWCedar Rapids, IA 52404

(319) 398-5007

Siviq Scores

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

Liabilities / Assets

56th percentile

0.89x

Higher debt load relative to assets than 56% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

17.90x

Higher debt load relative to revenue than 33% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$120,508

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Asset Growth

93rd percentile

9.3%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

7.6%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$29,478,527

Up $2,517,661 (+9.3%) from 2014

Net Assets

Up

$3,371,396

Up $187,925 (+5.9%) from 2014

Liabilities

Up

$26,107,131

Up $2,329,736 (+9.8%) from 2014

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin71st percentile

Revenue

Up

$1,458,212

Up $102,875 (+7.6%) from 2014

Expenses

Up

$1,270,287

Up $27,493 (+2.2%) from 2014

Net Income

Up

$187,925

Up $75,382 (+67%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth93rd 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

2015

Assets$29,478,527
Liabilities$26,107,131
Net Assets$3,371,396
Open 2015 Filing

Operations Trend

Revenue Growth83rd percentile

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

2015

Revenue$1,458,212
Expenses$1,270,287
Net Income$187,925
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 14, 2016
Return Version
2015v2.1
Gross Receipts
$1,458,212
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$19,916,109$18,883,478▼ $1,032,631
Savings and Temporary Cash Investments$4,813,174$8,685,978▲ $3,872,804
Rtn Earn Endowment Incm Other Fnds$2,024,277$2,212,202▲ $187,925
Pd in Cap Srpls Land Bldg Eqp Fund$1,159,194$1,159,194→ $0
Land, Buildings, and Equipment, Net$653,433$594,669▼ $58,764
Cash and Non-Interest-Bearing Accounts$318,021$224,282▼ $93,739
Prepaid Expenses and Deferred Charges$124,234$100,881▼ $23,353
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$26,960,866$29,478,527▲ $2,517,661
Other Assets Total$1,135,895$989,239▼ $146,656
Liabilities
Other Liabilities$23,666,384$25,922,213▲ $2,255,829
Accounts Payable and Accrued Expenses$111,011$184,918▲ $73,907
Total Liabilities$23,777,395$26,107,131▲ $2,329,736
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,183,471$3,371,396▲ $187,925
Total Liabilities and Net Assets / Fund Balance$26,960,866$29,478,527▲ $2,517,661

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$402,996$627,013$1,030,009
Equipment$59,239$318,576$377,815
Land$132,434-$132,434
Leasehold Improvements$0$11,242$11,242
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brad MertensPresident/CEO/CFOFT$95,457$25,051$120,508

Board Members and Trustees

NameTitle
Scott LabusAudit Chair
Chris SwiserChairman
Larry SpinaCredit Chair
Kara KruegerVice-chair
Jason SeibrechtBoard Member
John SchweitzerBoard Member
Robert BurnsBoard Member
Ann OlsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$961,288
Investment Income
$40,350
Other Revenue
$456,574
Change in Net Assets
$187,925

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,458,212
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,458,212
Total Revenue per Form 990
$1,458,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$821,703
Salaries, Compensation, and Employee Benefits$448,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$217,669--$217,669
Information Technology$140,280--$140,280
Current Officers, Directors, Trustees, and Key Employees$120,508--$120,508
All Other Expenses$92,069--$92,069
Interest$87,170--$87,170
Office Expenses$72,483--$72,483
Advertising$69,029--$69,029
Depreciation Depletion$67,802--$67,802
Other Employee Benefits$64,370--$64,370
Occupancy$42,200--$42,200
Fees for Services Accounting$24,471--$24,471
Payroll Taxes$24,203--$24,203
Pension Plan Contributions$21,834--$21,834
Payments to Affiliates$16,500--$16,500
Insurance$15,378--$15,378
Travel$7,686--$7,686
Other Expenses$4,624--$4,624
Conferences and Meetings$1,430--$1,430
Fees for Services Legal$1,100--$1,100
Total Functional Expenses$1,270,287$0$0$1,270,287

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,270,287
Total Expenses per Audited Statements$1,270,287
Total Expenses per Form 990$1,270,287
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$25,922,213
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

Filer Name
Metco Credit Union
EIN
42-0835734
Phone
3193985007
Address
115 8TH AVENUE SW, CEDAR RAPIDS, IA 52404

Signing Officer

Name
Brad Mertens
Title
CEO
Phone
3193985007
Signed
2016-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Mertens
Formed
1957
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
8
Employees
9
Volunteers
0

Preparer

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

Additional Explanations

Form 990 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.”

Raw XML Appendix399 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/Desc1ATM/DEBIT CARD FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0168157
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1133832
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0168157
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1133832
IRS990/OtherRevenueTotalAmt0456574
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0217669
IRS990/OtherSalariesAndWagesGrp/TotalAmt0217669
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt019916109
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt018883478
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt016500
IRS990/PaymentsToAffiliatesGrp/TotalAmt016500
IRS990/PayrollTaxesGrp/ProgramServicesAmt024203
IRS990/PayrollTaxesGrp/TotalAmt024203
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01159194
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01159194
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt021834
IRS990/PensionPlanContributionsGrp/TotalAmt021834
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0124234
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0100881
IRS990/PrincipalOfficerNm0BRAD MERTENS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0961288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0961288
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027811
IRS990/PYOtherExpensesAmt0806058
IRS990/PYOtherRevenueAmt0355833
IRS990/PYProgramServiceRevenueAmt0971693
IRS990/PYRevenuesLessExpensesAmt0112543
IRS990/PYSalariesCompEmpBnftPaidAmt0436736
IRS990/PYTotalExpensesAmt01242794
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01355337
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0187925
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01417862
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02024277
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02212202
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04813174
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08685978
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0402996
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0627013
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01030009
IRS990ScheduleD/EquipmentGrp/BookValueAmt059239
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0318576
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0377815
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01270287
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0132434
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0132434
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011242
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011242
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025922213
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01458212
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/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0594669
IRS990ScheduleD/TotalExpensesPerForm990Amt01270287
IRS990ScheduleD/TotalLiabilityAmt025922213
IRS990ScheduleD/TotalRevenuePerForm990Amt01458212
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01458212
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01270287
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/TotalAssetsBOYAmt026960866
IRS990/TotalAssetsEOYAmt029478527
IRS990/TotalAssetsGrp/BOYAmt026960866
IRS990/TotalAssetsGrp/EOYAmt029478527
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01270287
IRS990/TotalFunctionalExpensesGrp/TotalAmt01270287
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023777395
IRS990/TotalLiabilitiesEOYAmt026107131
IRS990/TotalLiabilitiesGrp/BOYAmt023777395
IRS990/TotalLiabilitiesGrp/EOYAmt026107131
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03183471
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03371396
IRS990/TotalOtherCompensationAmt025051
IRS990/TotalProgramServiceExpensesAmt01270287
IRS990/TotalProgramServiceRevenueAmt0961288
IRS990/TotalReportableCompFromOrgAmt095457
IRS990/TotalRevenueGrp/ExclusionAmt040350
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01417862
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01458212
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt026960866
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt029478527
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07686
IRS990/TravelGrp/TotalAmt07686
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0115 8TH AVENUE SW
IRS990/USAddress/CityNm0CEDAR RAPIDS
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052404
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.METCOCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRAD MERTENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03193985007
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0METCO CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0METC
ReturnHeader/Filer/EIN0420835734
ReturnHeader/Filer/PhoneNum03193985007
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 8TH AVENUE SW
ReturnHeader/Filer/USAddress/CityNm0CEDAR RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052404
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421186197
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GARDINER THOMSEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010555 NEW YORK AVENUE SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050322
ReturnHeader/PreparerPersonGrp/PhoneNum05152701446
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C L TELK JR CPA
ReturnHeader/ReturnTs02016-04-14T16:27:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$29,478,527
Liabilities
$26,107,131
Net assets
$3,371,396
Revenue
$1,458,212
Expenses
$1,270,287
Net income
$187,925
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