Nonprofit · EIN 83-0494970
IOWA CREDIT UNION LEAGUE
Tax-exempt · WDM, IA 50266
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,895,006 | $4,439,965 | -$2,544,959 | $87,439,487 | $950,947 | $86,488,540 |
| December 31, 2023 | 990 | $1,617,276 | $4,444,811 | -$2,827,535 | $88,690,449 | $568,111 | $88,122,338 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $575,200
- Program service revenue
- $1,314,821
- Investment income
- $4,985
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $430,392
- Salaries, compensation and benefits (total)
- $555,567
- Professional fundraising fees
- $0
- Legal fees
- $117,910
- Accounting fees
- $189,401
- Occupancy
- $363,280
- Travel
- $73,948
- Depreciation
- $29,750
Balance sheet and other
- Total assets, start of year
- $88,690,449
- Total assets, end of year
- $87,439,487
- Total liabilities, end of year
- $950,947
- Net assets, end of year
- $86,488,540
- Land, buildings and equipment
- $9,916
- Publicly traded securities
- $172,500
- Gross receipts
- $1,895,006
- Employees
- 4
- Volunteers
- 20
- Year formed
- 1933
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MURRAY WILLIAMS | CEO Officer | 10 | $282,317 | $846,953 | $201,248 |
| TRAVIS SCHIPPER | CFO Officer | 10 | $112,393 | $337,176 | $123,037 |
| JAIMIE MILLER-ACKLEY | VICE PRESIDENT Highest-paid employee | 40 | $163,929 | $0 | $60,368 |
| SCOTT ZAHNLE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $12,000 | $0 |
| JEFF HAYES | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $12,000 | $0 |
| MATT DODDS | DIRECTOR THRU 8/24 Trustee or director | 1 | $0 | $0 | $0 |
| GREG HANSHAW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JORDAN HENSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID KLAVITTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRAD MERTENS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE MORONEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK PETERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JULIE PINGEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CINDY STEPHENSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMI WEEMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MURRAY WILLIAMS | CEO Officer | 10 | $0 | $989,934 | $176,888 |
| TRAVIS SCHIPPER | CFO Officer | 8 | $0 | $407,248 | $102,950 |
| JAIMIE MILLER-ACKLEY | VICE PRESIDENT Highest-paid employee | 40 | $0 | $156,383 | $32,838 |
| MATT DODDS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $12,000 | $0 |
| SCOTT ZAHNLE | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $12,000 | $0 |
| GREG HANSHAW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CINDY STEPHENSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE MORONEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JULIE PINGEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEFF HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRAD MERTENS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK PETERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JORDAN HENSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMI WEEMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7745 OFFICE PLAZA DR N STE 170, WDM, IA 50266-2309
- Principal officer (990 for 2024)
- TRAVIS SCHIPPER, 7745 OFFICE PLAZA DRIVE N STE 170, WEST DES MOINES, IA 50266
- Signed the 990
- TRAVIS SCHIPPER, CFO
- Phone
- (515) 221-3000
- Website
- WWW.IOWACREDITUNIONS.COM
- Return prepared by
- RSM US LLP
Mission
THE IOWA CREDIT UNION LEAGUE (ICUL) IS THE NON-PROFIT TRADE ASSOCIATION THAT REPRESENTS THE INTERESTS OF IOWA'S CREDIT UNIONS. ICUL WAS ESTABLISHED IN 1933 AND CONTINUES TO FOCUS ON OUR MISSION "TO STRENGTHEN THE CREDIT UNION MOVEMENT BY PROMOTING ITS GROWTH AND WELL-BEING, AND PROVIDING THE TOOLS FOR MEMBERS TO SUCCEED." ICUL PROVIDES THE FOLLOWING SERVICES TO IOWA CREDIT UNIONS: LEGISLATIVE ADVOCACY, REGULATORY COMPLIANCE, PUBLIC AFFAIRS, PROFESSIONAL DEVELOPMENT AND MANAGEMENT CONSULTING.
Program accomplishments
- LEGISLATIVE ADVOCACY - WORK TO SECURE A FAIR AND FAVORABLE LEGISLATIVE ENVIRONMENT FOR IOWA CREDIT UNIONS THROUGH PROFESSIONAL LOBBYING, COALITION BUILDING, GRASSROOTS ORGANIZATION AND THE CREDIT UNION POLITICAL ACTION COMMITTEE.
- REGULATORY COMPLIANCE - MONITOR REGULATORY ISSUES, FIELD COMPLIANCE QUESTIONS AND PROVIDE STRATEGIC DIRECTION CONCERNING CREDIT UNION COMPLIANCE ISSUES.
- PUBLIC AFFAIRS AND MARKETING - THE PUBLIC RELATIONS AND MARKETING DEPARTMENT WORKS CLOSELY WITH CREDIT UNIONS TO DISSEMINATE PERTINENT INFORMATION TO THE MEDIA AND COMMUNITY ABOUT IOWA CREDIT UNIONS AND NEW DEVELOPMENTS IN THE INDUSTRY. ALSO SERVES AS THE RESOURCE FOR COMMUNITY AND MEDIA RELATIONS, MARKETING THE CREDIT BRAND, AND THE ANNUAL ADVOCACY CAMPAIGN.
- PROFESSIONAL DEVELOPMENT - THE LEAGUE, IN PARTNERSHIP WITH CUNA, HOLDS NUMEROUS PROFESSIONAL DEVELOPMENT SEMINARS EACH YEAR FOR IOWA CREDIT UNIONS TO HELP THEM LEARN MORE ABOUT HOW TO BEST SERVE THEIR MEMBERS. THE EDUCATION DEPARTMENT HELPS ORGANIZE THE ANNUAL CONVENTION.
- MANAGMENT CONSULTATION - THE MANAGEMENT CONSULTANTS AT ICUL ARE STRATEGIC PARTNERS WITH INDIVIDUAL CREDIT UNIONS TO HELP THEM IDENTIFY GOALS AND CHALLENGES, AND PREPARE FOR THE FUTURE DEVELOPMENT OF THEIR CREDIT UNION.
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 | Not 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
- 83-0494970
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Exempt since
- 1944
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $87,439,487
- Income (IRS master file)
- $1,895,006
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,895,006 | $4,439,965 | $87,439,487 | XML |
| 990 | December 2023 | $1,617,276 | $4,444,811 | $88,690,449 | XML |
| 990 | December 2022 | $1,695,127 | $4,382,938 | $88,859,297 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 83-0494970).
Questions about IOWA CREDIT UNION LEAGUE
- What is the EIN of IOWA CREDIT UNION LEAGUE?
- The employer identification number (EIN) of IOWA CREDIT UNION LEAGUE is 83-0494970.
- Is IOWA CREDIT UNION LEAGUE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
- Which annual return does IOWA CREDIT UNION LEAGUE 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 IOWA CREDIT UNION LEAGUE 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 IOWA CREDIT UNION LEAGUE 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 IOWA CREDIT UNION LEAGUE?
- The 990 for the year ended December 31, 2024 names TRAVIS SCHIPPER.
- Who are the officers and directors of IOWA CREDIT UNION LEAGUE?
- The 990 for the year ended December 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $282,317 (MURRAY WILLIAMS, CEO).
- How much revenue does IOWA CREDIT UNION LEAGUE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,895,006, expenses of $4,439,965 and total assets of $87,439,487 at year end.
Other nonprofits in WDM
- IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION EIN 42-1411630 · last filed 990 for 2024
- IOWA HEALTH SYSTEM EIN 42-1435199 · last filed 990 for 2024
- LIFESPACE COMMUNITIES INC EIN 42-1068850 · last filed 990 for 2024
- UNITYPOINT AT HOME EIN 42-1477471 · last filed 990 for 2024
- CARE INITIATIVES EIN 76-0262402 · last filed 990 for 2024
- HY-VEE EMPLOYEE BENEFIT PLAN TR EIN 42-1170511 · last filed 990 for 2025
- DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER EIN 42-0730347 · last filed 990 for 2025
- IOWA STUDENT LOAN LIQUIDITY CORP EIN 42-1137531 · last filed 990 for 2025