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
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,868,543 | $2,583,763 | $284,780 | $53,067,014 | $49,202,511 | $3,864,503 |
| December 31, 2024 | 990 | $2,657,902 | $2,455,509 | $202,393 | $50,776,023 | $47,528,750 | $3,247,273 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY GRABER | CEO Officer | 45 | $125,217 | $12,849 |
| JEFF BEAVERS | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ED SEGGERMAN | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| CHAD WHITE | VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| RICH MCNAMEE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MARLIN FORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN WELLINGTON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KEVIN DAMERON | AUDIT COMMITTEE CHAIR Trustee or director | 0.5 | $0 | $0 |
| JILL DANIEL | CREDIT COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| PENNY RAUNBUEHLER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY GRABER | CEO Officer | 45 | $124,030 | $10,278 |
| JEFF BEAVERS | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ED SEGGERMAN | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| CHAD WHITE | VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| RICH MCNAMEE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MARLIN FORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN WELLINGTON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KEVIN DAMERON | AUDIT COMMITTEE CHAIR Trustee or director | 0.5 | $0 | $0 |
| JILL DANIEL | CREDIT COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY GRABER | CEO Officer | 45 | $121,622 | $32,284 |
| JEFF BEAVERS | CHAIRPERSON Trustee or director, Officer | 0 | $0 | $0 |
| ED SEGGERMAN | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| RICH MCNAMEE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHAD WHITE | VICE CHAIRPERSON Trustee or director, Officer | 0 | $0 | $0 |
| MARLIN FORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN DAMERON | AUDIT COMMITTEE CHAIR Trustee or director | 0 | $0 | $0 |
| JILL DANIEL | CREDIT COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| KEVIN WELLINGTON | DIRECTOR 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
- Website
- WWW.5STARCU.ORG
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,868,543 | $2,583,763 | $53,067,014 | IRS |
| 990 | December 2024 | $2,657,902 | $2,455,509 | $50,776,023 | XML |
| 990 | December 2023 | $2,303,462 | $2,112,524 | $49,055,238 | XML |
| 990 | December 2022 | $1,957,816 | $1,763,951 | $46,048,402 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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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