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Nonprofit · EIN 42-6063218

5 STAR COMMUNITY CREDIT UNION

Also known as 0385 HENRY COUNTY COMMUNITY C U

Tax-exempt · MT PLEASANT, IA 52641

Financials

$2.3M$2.1M2023$2.7M$2.5M2024$2.9M$2.6M2025
Revenue Expenses · by fiscal year end
Financials of 5 STAR COMMUNITY CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,868,543$2,583,763$284,780$53,067,014$49,202,511$3,864,503
December 31, 2024990$2,657,902$2,455,509$202,393$50,776,023$47,528,750$3,247,273
December 31, 2023990$2,303,462$2,112,524$190,938$49,055,238$46,036,635$3,018,603
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,062,820
Investment income
$299,321
Other revenue
$506,402

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$138,066
Other salaries and wages
$379,431
Salaries, compensation and benefits (total)
$779,476
Professional fundraising fees
$0
Legal fees
$9,313
Accounting fees
$32,371
Occupancy
$39,299
Travel
$10,696
Depreciation
$120,419
Program services (functional)
$2,583,763

Balance sheet and other

Total assets, start of year
$50,776,023
Total assets, end of year
$53,067,014
Total liabilities, end of year
$49,202,511
Net assets, end of year
$3,864,503
Land, buildings and equipment
$485,722
Gross unrelated business income
$6,896
Gross receipts
$2,868,543
Employees
15
Volunteers
0
Year formed
1950
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARY GRABERCEO
Officer
45$125,217$12,849
JEFF BEAVERSCHAIRPERSON
Trustee or director, Officer
2$0$0
ED SEGGERMANPRESIDENT
Trustee or director, Officer
0.5$0$0
CHAD WHITEVICE CHAIRPERSON
Trustee or director, Officer
0.5$0$0
RICH MCNAMEESECRETARY
Trustee or director, Officer
1$0$0
MARLIN FORDBOARD MEMBER
Trustee or director
1$0$0
KEVIN WELLINGTONBOARD MEMBER
Trustee or director
0.5$0$0
KEVIN DAMERONAUDIT COMMITTEE CHAIR
Trustee or director
0.5$0$0
JILL DANIELCREDIT COMMITTEE CHAIR
Trustee or director
1$0$0
PENNY RAUNBUEHLERBOARD MEMBER
Trustee or director
0.5$0$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
MARY GRABERCEO
Officer
45$124,030$10,278
JEFF BEAVERSCHAIRPERSON
Trustee or director, Officer
2$0$0
ED SEGGERMANPRESIDENT
Trustee or director, Officer
0.5$0$0
CHAD WHITEVICE CHAIRPERSON
Trustee or director, Officer
0.5$0$0
RICH MCNAMEESECRETARY
Trustee or director, Officer
1$0$0
MARLIN FORDBOARD MEMBER
Trustee or director
1$0$0
KEVIN WELLINGTONBOARD MEMBER
Trustee or director
0.5$0$0
KEVIN DAMERONAUDIT COMMITTEE CHAIR
Trustee or director
0.5$0$0
JILL DANIELCREDIT COMMITTEE CHAIR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
MARY GRABERCEO
Officer
45$121,622$32,284
JEFF BEAVERSCHAIRPERSON
Trustee or director, Officer
0$0$0
ED SEGGERMANPRESIDENT
Trustee or director, Officer
0$0$0
RICH MCNAMEESECRETARY
Trustee or director, Officer
1$0$0
CHAD WHITEVICE CHAIRPERSON
Trustee or director, Officer
0$0$0
MARLIN FORDDIRECTOR
Trustee or director
1$0$0
KEVIN DAMERONAUDIT COMMITTEE CHAIR
Trustee or director
0$0$0
JILL DANIELCREDIT COMMITTEE CHAIR
Trustee or director
1$0$0
KEVIN WELLINGTONDIRECTOR
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
PO BOX 28, MT PLEASANT, IA 52641-0028
Principal officer (990 for 2025)
MARY GRABER, 100 S CHERRY STREET, MOUNT PLEASANT, IA 52641
Signed the 990
MARY GRABER, CEO
Phone
(319) 385-4914
Return prepared by
GARDINER COMPANY PC

Mission

OPERATING FOR THE PRIMARY PURPOSE OF PROMOTING THRIFT, PROVIDING CREDIT AT REASONABLE RATES, AND PROVIDING OTHER FINANCIAL SERVICES TO OUR MEMBERS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION SERVES IT MEMBERS. THE ORGANIZATIONS LARGEST EXPENSE IS DIVIDEND EXPENSE PAID ON SHARE ACCOUNTS. THE ORGANIZATION OFFERS LOANS RANGING FROM SMALL SIGNATURE LOANS UP TO HOME MORTGAGE LOANS. THE ORGANIZATION SERVED APPROXIMATELY 6,663 MEMBERS IN 2025.
    Expenses $2,583,763 · revenue $2,562,326

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-6063218
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$53,067,014
Income (IRS master file)
$2,868,543

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,868,543$2,583,763$53,067,014IRS
990December 2024$2,657,902$2,455,509$50,776,023XML
990December 2023$2,303,462$2,112,524$49,055,238XML
990December 2022$1,957,816$1,763,951$46,048,402IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 42-6063218).

Questions about 5 STAR COMMUNITY CREDIT UNION

What is the EIN of 5 STAR COMMUNITY CREDIT UNION?
The employer identification number (EIN) of 5 STAR COMMUNITY CREDIT UNION is 42-6063218.
Is 5 STAR COMMUNITY CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2007.
Are donations to 5 STAR COMMUNITY CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does 5 STAR COMMUNITY CREDIT UNION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of 5 STAR COMMUNITY CREDIT UNION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 5 STAR COMMUNITY CREDIT UNION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of 5 STAR COMMUNITY CREDIT UNION?
The 990 for the year ended December 31, 2025 names MARY GRABER.
Who are the officers and directors of 5 STAR COMMUNITY CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $125,217 (MARY GRABER, CEO).
How much revenue does 5 STAR COMMUNITY CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,868,543, expenses of $2,583,763 and total assets of $53,067,014 at year end.

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