Peoples Credit Union in Webster City, Iowa (IA)

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Peoples Credit Union
Employer Identification Number (EIN)426064858
Name of OrganizationPeoples Credit Union
Address310 First Street, Webster City, IA 50595-2337
SubsectionGovernment Instrumentality
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$500,000 to $999,999
Filing Requirement990 - Government 501(c)(1)
Asset Amount$24,706,554
Amount of Income$934,219
Form 990 Revenue Amount$934,219


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$1,068,574
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$736,681
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$87,893
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$244,000
Statement of Functional Expenses (for 2011)
Total functional expenses$1,075,914
Compensation of current officers, directors, trustees, and key employees$75,876
Other salaries and wages$203,570
Payroll taxes$21,681
Professional fundraising services$0
Other$774,787
Balance Sheet (for 2011)
Total assets$20,924,337
Total liabilities$17,621,296
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$17,621,296
Total net assets or fund balances$3,303,041
Retained earnings, endowment, accumulated income, or other funds$813,670
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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