{"success":true,"data":{"_id":420669422,"filings":[{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The Credit Union provides financial services to its members.","primary_activities":"Dividends and interest paid to members on approximately 700 deposit accounts held by 600 members\n\nDirect labor and employee cost incurred prividing savings deposits services, orginating new loans, servicing the loan portfolio.\n\nMisc Expense for the operation of the credit union","year":2011,"name":"Iowa Corporate Credit Union","phone":"3192265604","website":"www.mucrunion.org","type":"990","principal_officer":"Robert Allen Hill","year_formation":1934,"state_legal_domicile":"IA","total_volunteers":10,"tax_period_begin":"2011-01-01T00:00:00","tax_period_end":"2011-12-31T00:00:00","address":"1601 University Avenue, Waterloo, IA, 50701, USA","city":"Waterloo","state":"IA","country":"USA","zip_code":"50701"},"Governance":{"501c determination":true,"Number of voting members":10,"Number of independent voting members":9,"Number of employees total":3,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":3,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":true,"Delegation of management duties":false,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":157480,"Contributions":{"value":0,"Other contributions":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":149193,"Total revenue":{"value":149193,"VARIOUS":149193},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":6119,"Investment income total":6119,"Income from invest bond proceeds":0},"Other revenues":{"value":2168,"Other total":2168,"Royalties revenue":0}},"Expenses":{"value":170771,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":10861,"Benefits paid to members Total":10861},"Salaries":{"value":80244,"Current officers":31116,"Disqualified persons":0,"Other salaries and wages":43267,"Pension plan contributions":0,"Other employee benefits":168,"Payroll taxes":5693},"Other expenses":{"value":79666,"Management services":0,"Legal":484,"Accounting":9820,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":646,"Office expenses":23880,"Occupancy":12028,"Conferences and meetings":1689,"Itemized Expenses":{"value":31119,"VARIOUS":31119}}},"Assets":{"value":2183125,"Non-interest bearing cash":51655,"Savings and temp cash investments":392365,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":1375499,"Inventories for sale or use":0,"Prepaid expenses deferred charges":5966,"Land, building, equipment":24103,"Investments publicly traded":0,"Investments other":0,"Investments program related":328270,"Intangible assets":0,"Other assets":5267},"Liabilities":{"value":41786,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":41786},"Fund balance":{"value":2141339},"Form990Details":{"program_service_accomplishments":[{"description":"Dividends and interest paid to members on approximately 700 deposit accounts held by 600 members","expense":41786,"grants":0,"revenue":0},{"description":"Direct labor and employee cost incurred prividing savings deposits services, orginating new loans, servicing the loan portfolio.","expense":80294,"grants":0},{"description":"Misc Expense for the operation of the credit union","expense":48691,"grants":0,"revenue":0}],"program_service_revenue_detail":[{"business_code":"522100","description":"Loan Interest","total_revenue":113860,"related_or_exempt_function_income":113860,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"522130","description":"Fee Income","total_revenue":30749,"related_or_exempt_function_income":30749,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"522130","description":"Other Income","total_revenue":4584,"related_or_exempt_function_income":4584,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"current_officers_directors":{"program_services":31116,"management_and_general":0,"fundraising":0,"total":31116},"disqualified_persons":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_salaries_and_wages":{"program_services":43267,"management_and_general":0,"fundraising":0,"total":43267},"pension_plan_contributions":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_employee_benefits":{"program_services":168,"management_and_general":0,"fundraising":0,"total":168},"payroll_taxes":{"program_services":5693,"management_and_general":0,"fundraising":0,"total":5693},"management_fees":{"program_services":0,"total":0},"legal_fees":{"program_services":484,"total":484},"accounting_fees":{"program_services":9820,"total":9820},"lobbying_fees":{"program_services":0,"total":0},"investment_management_fees":{"program_services":0,"total":0},"other_service_fees":{"program_services":0,"total":0},"advertising":{"program_services":646,"total":646},"office_expenses":{"program_services":23880,"total":23880},"occupancy":{"program_services":12028,"total":12028},"conferences_meetings":{"program_services":1689,"total":1689}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"employment_tax_returns_filed":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true,"schedule_o_part_xi":true},"principal_officer_detail":{"person_name":"Robert Allen Hill","address_line1":"1601 University Avenue","city":"Waterloo","state":"IA","zip":"50701"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"annual_disclosure_covered_persons":true},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false,"grants_payable_beginning_of_year":0,"grants_payable_end_of_year":0},"books_are_in_care_of":{"phone":"3192265604","business_name_line1":"Midwest Utilities Credit Union","address_line1":"1601 University Avenue","city":"Waterloo","state":"IA","zip":"50701"},"officers_directors_key_employees":[{"title":"Board Member","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Board Member","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Director, Chairman Audit Committee","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Board Member","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Chairman of the Board","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"Vice-Chaairman of the Board","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"Secretary","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"CEO","average_hours_per_week":27.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleD":{"land_buildings_equipment":{"land":{"investment_cost_or_other_basis":18000,"other_cost_or_other_basis":0,"book_value":18000},"buildings":{"investment_cost_or_other_basis":52364,"other_cost_or_other_basis":0,"book_value":0,"depreciation":52364},"leasehold_improvements":{"investment_cost_or_other_basis":18558,"other_cost_or_other_basis":0,"book_value":0,"depreciation":18558},"equipment":{"investment_cost_or_other_basis":8255,"other_cost_or_other_basis":0,"book_value":6103,"depreciation":2152},"other_land_buildings":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":0,"book_value":0,"depreciation":0},"total_book_value":24103},"program_related_investments":{"investments":[{"description":"CD Investments","book_value":250497,"method_of_valuation":"C"},{"description":"Membership Capital","book_value":57844,"method_of_valuation":"C"},{"description":"Paid-In Capital (NCUSIF)","book_value":19929,"method_of_valuation":"C"}],"total_book_value":328270},"other_liabilities":{"liabilities":[{"description":"Dividends Payable & Clearing Accounts","amount":41786}],"total_liability":41786}},"ScheduleI":{"reported_domestic_org_grants":0,"reported_domestic_individual_grants":0,"reported_domestic_org_grants_program_services":0,"reported_domestic_individual_grants_program_services":0,"total_domestic_grants":0,"total_domestic_program_services":0},"ScheduleF":{"reported_foreign_grants":0,"reported_foreign_grants_program_services":0},"source_xml":"201222279349302417_public.xml"}],"Latest":{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The Credit Union provides financial services to its members.","primary_activities":"Dividends and interest paid to members on approximately 700 deposit accounts held by 600 members\n\nDirect labor and employee cost incurred prividing savings deposits services, orginating new loans, servicing the loan portfolio.\n\nMisc Expense for the operation of the credit union","year":2011,"name":"Iowa Corporate Credit Union","phone":"3192265604","website":"www.mucrunion.org","type":"990","principal_officer":"Robert Allen Hill","year_formation":1934,"state_legal_domicile":"IA","total_volunteers":10,"tax_period_begin":"2011-01-01T00:00:00","tax_period_end":"2011-12-31T00:00:00","address":"1601 University Avenue, Waterloo, IA, 50701, USA","city":"Waterloo","state":"IA","country":"USA","zip_code":"50701"},"Governance":{"501c determination":true,"Number of voting members":10,"Number of independent voting members":9,"Number of employees total":3,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":3,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":true,"Delegation of management duties":false,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":157480,"Contributions":{"value":0,"Other contributions":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":149193,"Total revenue":{"value":149193,"VARIOUS":149193},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":6119,"Investment income total":6119,"Income from invest bond proceeds":0},"Other revenues":{"value":2168,"Other total":2168,"Royalties revenue":0}},"Expenses":{"value":170771,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":10861,"Benefits paid to members Total":10861},"Salaries":{"value":80244,"Current officers":31116,"Disqualified persons":0,"Other salaries and wages":43267,"Pension plan contributions":0,"Other employee benefits":168,"Payroll taxes":5693},"Other expenses":{"value":79666,"Management services":0,"Legal":484,"Accounting":9820,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":646,"Office expenses":23880,"Occupancy":12028,"Conferences and meetings":1689,"Itemized Expenses":{"value":31119,"VARIOUS":31119}}},"Assets":{"value":2183125,"Non-interest bearing cash":51655,"Savings and temp cash investments":392365,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":1375499,"Inventories for sale or use":0,"Prepaid expenses deferred charges":5966,"Land, building, equipment":24103,"Investments publicly traded":0,"Investments other":0,"Investments program related":328270,"Intangible assets":0,"Other assets":5267},"Liabilities":{"value":41786,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":41786},"Fund balance":{"value":2141339},"Form990Details":{"program_service_accomplishments":[{"description":"Dividends and interest paid to members on approximately 700 deposit accounts held by 600 members","expense":41786,"grants":0,"revenue":0},{"description":"Direct labor and employee cost incurred prividing savings deposits services, orginating new loans, servicing the loan portfolio.","expense":80294,"grants":0},{"description":"Misc Expense for the operation of the credit union","expense":48691,"grants":0,"revenue":0}],"program_service_revenue_detail":[{"business_code":"522100","description":"Loan Interest","total_revenue":113860,"related_or_exempt_function_income":113860,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"522130","description":"Fee Income","total_revenue":30749,"related_or_exempt_function_income":30749,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"522130","description":"Other Income","total_revenue":4584,"related_or_exempt_function_income":4584,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"current_officers_directors":{"program_services":31116,"management_and_general":0,"fundraising":0,"total":31116},"disqualified_persons":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_salaries_and_wages":{"program_services":43267,"management_and_general":0,"fundraising":0,"total":43267},"pension_plan_contributions":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_employee_benefits":{"program_services":168,"management_and_general":0,"fundraising":0,"total":168},"payroll_taxes":{"program_services":5693,"management_and_general":0,"fundraising":0,"total":5693},"management_fees":{"program_services":0,"total":0},"legal_fees":{"program_services":484,"total":484},"accounting_fees":{"program_services":9820,"total":9820},"lobbying_fees":{"program_services":0,"total":0},"investment_management_fees":{"program_services":0,"total":0},"other_service_fees":{"program_services":0,"total":0},"advertising":{"program_services":646,"total":646},"office_expenses":{"program_services":23880,"total":23880},"occupancy":{"program_services":12028,"total":12028},"conferences_meetings":{"program_services":1689,"total":1689}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"employment_tax_returns_filed":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true,"schedule_o_part_xi":true},"principal_officer_detail":{"person_name":"Robert Allen Hill","address_line1":"1601 University Avenue","city":"Waterloo","state":"IA","zip":"50701"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"annual_disclosure_covered_persons":true},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false,"grants_payable_beginning_of_year":0,"grants_payable_end_of_year":0},"books_are_in_care_of":{"phone":"3192265604","business_name_line1":"Midwest Utilities Credit Union","address_line1":"1601 University Avenue","city":"Waterloo","state":"IA","zip":"50701"},"officers_directors_key_employees":[{"title":"Board Member","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Board Member","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Director, Chairman Audit Committee","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Board Member","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Chairman of the Board","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"Vice-Chaairman of the Board","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"Secretary","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"CEO","average_hours_per_week":27.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleD":{"land_buildings_equipment":{"land":{"investment_cost_or_other_basis":18000,"other_cost_or_other_basis":0,"book_value":18000},"buildings":{"investment_cost_or_other_basis":52364,"other_cost_or_other_basis":0,"book_value":0,"depreciation":52364},"leasehold_improvements":{"investment_cost_or_other_basis":18558,"other_cost_or_other_basis":0,"book_value":0,"depreciation":18558},"equipment":{"investment_cost_or_other_basis":8255,"other_cost_or_other_basis":0,"book_value":6103,"depreciation":2152},"other_land_buildings":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":0,"book_value":0,"depreciation":0},"total_book_value":24103},"program_related_investments":{"investments":[{"description":"CD Investments","book_value":250497,"method_of_valuation":"C"},{"description":"Membership Capital","book_value":57844,"method_of_valuation":"C"},{"description":"Paid-In Capital (NCUSIF)","book_value":19929,"method_of_valuation":"C"}],"total_book_value":328270},"other_liabilities":{"liabilities":[{"description":"Dividends Payable & Clearing Accounts","amount":41786}],"total_liability":41786}},"ScheduleI":{"reported_domestic_org_grants":0,"reported_domestic_individual_grants":0,"reported_domestic_org_grants_program_services":0,"reported_domestic_individual_grants_program_services":0,"total_domestic_grants":0,"total_domestic_program_services":0},"ScheduleF":{"reported_foreign_grants":0,"reported_foreign_grants_program_services":0},"Ratings":{"Mission Deployment Rate":{"score":null},"Program Expense Ratio":{"score":null},"Fundraising Efficiency":{"score":null,"percentile":null},"Filing Consistency Score":{"score":1.0},"Grant Itemization Coverage":{"score":null},"Independent Voting Board Pct":{"score":0.9},"Operating Margin":{"score":-0.08439801879603759,"percentile":0.28776766826404176},"Operating Reserve Ratio":{"score":12.783932869163968,"percentile":0.9154462654338077},"Liabilities to Assets Ratio":{"score":0.019140452333237905,"percentile":0.4705821822240826},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Foreign Oversight Score":{"score":null},"Major-Donor Itemization":{"score":null},"Related-Party Transparency":{"score":null},"Pay-Setting Controls":{"score":1.0,"weight":5,"atoms":{"Compensation committee":{"value":true},"Independent compensation consultant":{"value":true},"Form 990 of other organizations reviewed":{"value":true},"Written employment contract":{"value":true},"Compensation survey or study":{"value":true},"Board or committee approval":{"value":true}}},"Governance Policy Score":{"score":0.7777777777777778,"weight":5,"atoms":{"Conflict of interest policy":{"value":true},"Whistle blower policy":{"value":true},"Document retention policy":{"value":true},"Compensation process for CEO":{"value":true},"Compensation process for other employees":{"value":true},"Form 990 provided to governing body":{"value":true},"Minutes of governing body":{"value":true},"Audit committee":{"value":false},"Independent audit financial statements":{"value":false}}},"Categories":{"Financial Efficiency":{"score":null,"weight":45},"Transparency & Controls":{"score":1.0,"weight":20},"Accountability":{"score":0.849074074074074,"weight":14},"Sustainability":{"score":0.5213691358486359,"weight":13},"Growth":{"score":null,"weight":8}},"Overall Score":{"score":0.8226560809163681,"percentile":0.7542735231890088}},"source_xml":"201222279349302417_public.xml"},"sector":"Public, Societal Benefit","donation_categories":[],"zakat_policy":null},"error":null}