Civic Intelligence

St Athanasius Credit Union

EIN 42-6057316 • 501(c)14 • Jesup, IA

Profile

Credit union creates a source of credit at a fair and reasonable rate of interest, encourage habits of thrift among their members, and provide an opportunity for their members to use and control their own money on a democratic basis in order to improve their economic and social condition.

1255 3rd StJesup, IA 50648

n/A

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Higher debt load relative to assets than 47% of similar nonprofits.

$500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

59th percentile

0.02x

Higher debt load relative to revenue than 59% of similar nonprofits.

$500k-$1M nonprofits • Source year 2025

Net Margin

54th percentile

6.5%

Higher net margin than 54% of similar nonprofits.

$500k-$1M nonprofits • Source year 2025

Top Officer Pay

69th percentile

$22,550

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 51.7% of source-year revenue.

$500k-$1M nonprofits • Source year 2025

Asset Growth

11th percentile

-21%

Faster asset growth than 11% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$502,130

Down $239,880 (-32%) from 2022

Liabilities

Up

$815

Up $339 (+71%) from 2022

Net Assets

Down

$501,315

Down $240,219 (-32%) from 2022

Revenue

Up

$43,658

Up $6,711 (+18%) from 2022

Expenses

Up

$40,840

Up $5,208 (+15%) from 2022

Net Income

Up

$2,818

Up $1,503 (+114%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $424,478Liabilities 2010: $606Net Assets 2010: $423,8722010Assets 2012: $520,069Liabilities 2012: $658Net Assets 2012: $519,4112012Assets 2013: $551,209Liabilities 2013: $30,275Net Assets 2013: $520,9342013Assets 2015: $656,196Liabilities 2015: $380Net Assets 2015: $655,8162015Assets 2018: $838,070Liabilities 2018: $316Net Assets 2018: $837,7542018Assets 2019: $780,128Liabilities 2019: $516Net Assets 2019: $779,6122019Assets 2020: $778,325Liabilities 2020: $440Net Assets 2020: $777,8852020Assets 2021: $808,407Liabilities 2021: $315Net Assets 2021: $808,0922021Assets 2022: $742,010Liabilities 2022: $476Net Assets 2022: $741,5342022Assets 2025: $502,130Liabilities 2025: $815Net Assets 2025: $501,3152025

Highlighted filing

2025

Assets$502,130
Liabilities$815
Net Assets$501,315

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2010: $29,611Expenses 2010: $30,258Net Income 2010: -$6472010Expenses 2012: $36,8832012Revenue 2013: $42,447Expenses 2013: $41,377Net Income 2013: $1,0702013Revenue 2015: $45,109Expenses 2015: $43,249Net Income 2015: $1,8602015Revenue 2018: $44,288Expenses 2018: $43,806Net Income 2018: $4822018Revenue 2019: $43,989Expenses 2019: $43,064Net Income 2019: $9252019Revenue 2020: $39,423Expenses 2020: $19,217Net Income 2020: $20,2062020Revenue 2021: $35,295Expenses 2021: $35,149Net Income 2021: $1462021Revenue 2022: $36,947Expenses 2022: $35,632Net Income 2022: $1,3152022Revenue 2025: $43,658Expenses 2025: $40,840Net Income 2025: $2,8182025

Highlighted filing

2025

Revenue$43,658
Expenses$40,840
Net Income$2,818

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 3, 2026
Return Version
2025v4.0
Gross Receipts
$43,658
Mission and Program Overview

Mission

Creates a source of credit at a fair and reasonable rate of interest, encourage habits of thrift among their members, and provide an opportunity for their members to use and control their own money on a democratic basis in order to improve their economic and social condition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$446,607$398,393▼ $48,214
Pd in Cap Srpls Land Bldg Eqp Fund$528,827$393,639▼ $135,188
Rtn Earn Endowment Incm Other Fnds$106,291$107,676▲ $1,385
Savings and Temporary Cash Investments$152,116$65,509▼ $86,607
Cash and Non-Interest-Bearing Accounts$37,527$38,209▲ $682
Land, Buildings, and Equipment, Net$98$19▼ $79
Total Assets$636,348$502,130▼ $134,218
Liabilities
Accounts Payable and Accrued Expenses$565$815▲ $250
Other Liabilities$665--
Total Liabilities$1,230$815▼ $415
Net Assets / Fund Balance
Total Net Assets Fund Balance$635,118$501,315▼ $133,803
Total Liabilities and Net Assets / Fund Balance$636,348$502,130▼ $134,218

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19$3,624$3,643
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan CurryTreasurerPT$22,550$22,550

Board Members and Trustees

NameTitle
Benjamin BeckerPresident
Tina GewekeVice President
Dawn HansenLoan Committee
Mark KiesLoan Committee
Donna AmfahrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$37,674
Investment Income
$5,984
Other Revenue
$0
Change in Net Assets
$2,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$24,317
Other Expenses$16,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$22,550--$22,550
Fees for Services Accounting$3,697--$3,697
Other Expenses$3,129--$3,129
Insurance$2,356--$2,356
Payroll Taxes$1,767--$1,767
Office Expenses$553--$553
Fees for Services Legal$320--$320
Interest$272--$272
Conferences and Meetings$122--$122
All Other Expenses$35--$35
Depreciation Depletion$19--$19
Total Functional Expenses$40,840$0$0$40,840
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
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

Members or stockholder classes and rights Part VI 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.

Member election for additional members Part VI line 7A

At each annual meeting, members have one vote. At each annual meeting, one meber shall be elected to fill each board of directors position vacated by reason of an expiring term or other cause.

Governing body decisions Part VI line 7B

The majority of members present at any 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 affirmiative vote of a majority of eligible members.

Form 990 governing body review Part VI line 11

No review was or will be conducted.

Conflict of interest policy compliance Part VI line 12C

The organization requires officers and directors to disclose annually interests that could give rise to conflicts. To identify any potential conflicts of interest, every insider provides an annual statement outlining specific relations and situations. The conflict of interest policy is annually reviewd by the board and is enforced by the board.

CEO executive director top management comp Part VI line 15A

A compensation committee has overall responsibility for approving and evaluating the president/ceo compensation, benefit and prerequsite plans, policies and programs of the credit union. The compensation comittee is also responsible for producing an annual report on executive compensation for review by the entire board. An independent third party reviews compensation based on data compiled from numerous sources. Software is used that compares relative compensation data.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflict of interest policy and financial statement available to the public upon request. Financial statements are also posted in the main branch of the credit union.

Filing and Contact Details

Filer

Filer Name
St Athanasius Credit Union
EIN
42-6057316
In Care Of
% BENJAMIN BECKER
Phone
3198276595
Address
1255 3RD ST, JESUP, IA 50648

Signing Officer

Name
Benjamin Becker
Title
President
Phone
3198276595
Signed
2026-02-03
Discuss with paid preparer
No

Organization Details

Principal Officer
Susan Curry
Formed
1995
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
1

Preparer

Firm
Innovative Tax Services LLC
Address
PO Box 626, Jesup, IA 50648
Preparer
Benjamin M Becker
Phone
3194496902
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Decrease in member accounts held of 136,621

Raw XML Appendix325 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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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, MEMBERS HAVE ONE VOTE. AT EACH ANNUAL MEETING, ONE MEBER SHALL BE ELECTED TO FILL EACH BOARD OF DIRECTORS POSITION VACATED BY REASON OF AN EXPIRING TERM OR OTHER CAUSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MAJORITY OF MEMBERS PRESENT AT ANY 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 AFFIRMIATIVE VOTE OF A MAJORITY OF ELIGIBLE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REQUIRES OFFICERS AND DIRECTORS TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST, EVERY INSIDER PROVIDES AN ANNUAL STATEMENT OUTLINING SPECIFIC RELATIONS AND SITUATIONS. THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWD BY THE BOARD AND IS ENFORCED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COMPENSATION COMMITTEE HAS OVERALL RESPONSIBILITY FOR APPROVING AND EVALUATING THE PRESIDENT/CEO COMPENSATION, BENEFIT AND PREREQUSITE PLANS, POLICIES AND PROGRAMS OF THE CREDIT UNION. THE COMPENSATION COMITTEE IS ALSO RESPONSIBLE FOR PRODUCING AN ANNUAL REPORT ON EXECUTIVE COMPENSATION FOR REVIEW BY THE ENTIRE BOARD. AN INDEPENDENT THIRD PARTY REVIEWS COMPENSATION BASED ON DATA COMPILED FROM NUMEROUS SOURCES. SOFTWARE IS USED THAT COMPARES RELATIVE COMPENSATION DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO POSTED IN THE MAIN BRANCH OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DECREASE IN MEMBER ACCOUNTS HELD OF 136,621
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN BECKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03198276595
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST ATHANASIUS CREDIT UNION
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Innovative Tax Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 626
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Jesup
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
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ReturnHeader/PreparerPersonGrp/PhoneNum03194496902
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN M BECKER
ReturnHeader/ReturnTs02026-02-04T07:48:20-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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