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Nonprofit · EIN 42-0214646

DES MOINES METRO CREDIT UNION

Tax-exempt · DES MOINES, IA 50314

Financials

$3.3M$2.7M2023$4M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of DES MOINES METRO CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,957,308$3,467,273$490,035$70,316,259$61,652,044$8,664,215
December 31, 2023990$3,289,619$2,707,797$581,822$69,324,021$61,149,841$8,174,180
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,346,366
Investment income
$1,011,287
Other revenue
$599,655

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$537,685
Other salaries and wages
$311,473
Salaries, compensation and benefits (total)
$1,040,171
Professional fundraising fees
$0
Occupancy
$166,323
Travel
$6,185
Depreciation
$74,067
Program services (functional)
$3,467,273

Balance sheet and other

Total assets, start of year
$69,324,021
Total assets, end of year
$70,316,259
Total liabilities, end of year
$61,652,044
Net assets, end of year
$8,664,215
Land, buildings and equipment
$480,435
Gross receipts
$3,957,308
Employees
16
Volunteers
0
Year formed
1938
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JAMES ANDERSONCEO
Officer
40$257,714$19,278
TRACI STILESEVP
Officer
40$200,761$13,964
CASEY STEVENSVP-CFO
Officer
40$45,609$359
DAVE BAIRCHAIRPERSON
Trustee or director, Officer
1$0$0
DONNA HECKMANVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
CINDY SMITHSECRETARY
Trustee or director, Officer
1$0$0
MARYLEE WOODSTRESURER
Trustee or director, Officer
1$0$0
ANDREA GORETHBOARD MEMBER
Trustee or director
1$0$0
DOUG OLSONBOARD MEMBER
Trustee or director
1$0$0
DAN RITTERBOARD MEMBER
Trustee or director
1$0$0
JOSE MACIASBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
JAMES ANDERSONCEO
Officer
40$140,071$18,349
TRACI STILESEVP
Officer
40$105,331$13,398
DAVE BAIRCHAIRPERSON
Trustee or director, Officer
1$0$0
DONNA HECKMANVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
CINDY SMITHSECRETARY
Trustee or director, Officer
1$0$0
MARYLEE WOODSTRESURER
Trustee or director, Officer
1$0$0
ANDREA GORETHBOARD MEMBER
Trustee or director
1$0$0
DOUG OLSONBOARD MEMBER
Trustee or director
1$0$0
DAN RITTERBOARD MEMBER
Trustee or director
1$0$0
ROCIO HERMOSILLOBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
100 UNIVERSITY AVE, DES MOINES, IA 50314-3121
Principal officer (990 for 2024)
TRACI STILES, 100 UNIVERSITY AVENUE, DES MOINES, IA 50314
Signed the 990
TRACI STILES, CEO
Phone
(515) 283-4195
Return prepared by
GARDINER COMPANY PC

Mission

TO MEET MEMBER FINANCIAL NEEDS OUR UNIQUE WAY

990 for the year ended December 31, 2024

Program accomplishments

  • DES MOINES METRO HAS APPROXIMATELY 7,065 MEMBERS AS OF 12/31/2024 AND OFFERS SAVINGS, LOANS, AND CERTIFICATES OF DEPOSIT.
    Expenses $3,467,273 · revenue $2,946,021

What it must file and when

IRS records say it files Not required (government). 501(c)(1) organizations do not file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0214646
Tax-exempt status
501(c)(1): Corporation organized under an act of Congress
Accounting year ends
December
Files
Not required (government)
Assets (IRS master file)
$70,316,259
Income (IRS master file)
$3,957,308

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,957,308$3,467,273$70,316,259IRS
990December 2023$3,289,619$2,707,797$69,324,021XML
990December 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0214646).

Questions about DES MOINES METRO CREDIT UNION

What is the EIN of DES MOINES METRO CREDIT UNION?
The employer identification number (EIN) of DES MOINES METRO CREDIT UNION is 42-0214646.
Is DES MOINES METRO CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(1).
Which annual return does DES MOINES METRO CREDIT UNION file?
Form Not required (government). 501(c)(1) organizations do not file.
When is the next return of DES MOINES METRO CREDIT UNION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DES MOINES METRO CREDIT UNION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DES MOINES METRO CREDIT UNION?
The 990 for the year ended December 31, 2024 names TRACI STILES.
Who are the officers and directors of DES MOINES METRO CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $257,714 (JAMES ANDERSON, CEO).
How much revenue does DES MOINES METRO CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,957,308, expenses of $3,467,273 and total assets of $70,316,259 at year end.

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