DuTrac Community Credit Union
Nonprofit profile at a glance
- EIN
- 420670685
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Dubuque, IA, USA
- Phone
- (563) 582-1331
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Credit Unions
Reported finances
- Revenue
- $68,556,673
- Expenses
- $59,953,002
- Assets
- $1,208,594,118
- Liabilities
- $1,076,805,387
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
24 people listed
Highest reported compensation
- ANDREW A HAWKINSON (PRESIDENTCEO): $813,324 total reported compensation
- MICHELLE A ARISS (SENIOR VP FINANCE): $238,054 total reported compensation
- RONALD J KINSELLA (SENIOR VP LENDING): $218,481 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
DuTrac is a not-for-profit cooperative credit union serving individuals and families in a 34-county area, existing to serve nearly 50,000 members (not to maximize corporate profits), with profits returned to members through lower loan rates and higher deposit rates. An additional option for qualified home buyers is an FHA Alternative Loan. Designed as a blend between an FHA loan and a conventional loan, it requires only a 3% down payment and offers lower monthly premiums for private mortgage insurance (PMI) than a traditional FHA loan. The down payment can be gifted funds from a relative, non-profit organization or government agency. VA Loan We’re proud to offer mortgage loans with the United States Department of Veterans’ Affairs (VA) guaranty to our country’s veterans. The VA Home Loan Program provides eligible veterans with home financing with no down payment required. According...
What it reported doing in 2025
Granting affordable loans, promoting savings & thrift among 53,305 members
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 88
- Accountability: 100
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.5%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 20.16; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.89; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 7% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 45th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $60M in reported program spending
- Leadership: top reported pay $813K · 24 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.2M reported
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 29 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 21/100.