Iowa Credit Union League

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830494970 ✦ West des moines, IA ✦ Designated as a 501(c)(6)

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Overview

What is Iowa Credit Union League?

The Iowa Credit Union League is a nonprofit organization situated in West Des Moines, Iowa. Its primary mission is to fortify the credit union movement by advocating for a favorable legislative environment, fostering growth, and offering necessary tools for success. As a trade association, the Iowa Credit Union League, established in 1933, represents the interests of Iowa's credit unions. The organization provides various services, including legislative advocacy, regulatory compliance, public affairs, professional development, and management consulting. With a focus on strengthening the credit union sector, the Iowa Credit Union League serves as a vital resource for its members, aiming to enhance their growth and well-being.


Official website here: www.iowacreditunions.com

Is Iowa Credit Union League legitimate?

Iowa Credit Union League is a legitimate nonprofit organization registered as a 501(c)(6) entity. Iowa Credit Union League submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $262,253
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,423

For more financial information, click here


Official website here: www.iowacreditunions.com

What is the mission statement of Iowa Credit Union League?

The Iowa Credit Union League (ICUL) serves as the non-profit trade association that advocates for the interests of Iowa's credit unions. Established in 1933, ICUL's mission is to strengthen the credit union movement in the state by promoting its growth and well-being, and equipping its members with the necessary tools to succeed. The organization provides various services to Iowa credit unions, including legislative advocacy, regulatory compliance, public affairs, professional development, and management consulting. These services aim to support and enhance the operations and success of Iowa's credit unions.


Official website here: www.iowacreditunions.com

Who is the CEO of Iowa Credit Union League?

Travis Schipper is the Ceo of Iowa Credit Union League. The CEO's salary of Iowa Credit Union League is $0 and their total compensation is $1,170,990.


Official website here: www.iowacreditunions.com

What is the revenue of Iowa Credit Union League?

Iowa Credit Union League's revenue in 2022 was $1,695,127.


Official website here: www.iowacreditunions.com

Who are the executives of Iowa Credit Union League and what are their salaries?

The average compensation at Iowa Credit Union League during 2022 was $55,097. There are 7 employees and 18 volunteers at Iowa Credit Union League.


Here are 14 key members and their salaries (Iowa Credit Union League's CEO's salary is $0 and their total compensation is $1,170,990):


Murray Williams (Ceo)
  • Compensation: $0
  • Related: $1,004,728
  • Other: $166,262
Travis Schipper (Cfo)
  • Compensation: $0
  • Related: $298,251
  • Other: $98,458
Jaimie Miller-Ackley (Vice President)
  • Compensation: $0
  • Related: $145,999
  • Other: $35,905
Matt Dodds (Chairman)
  • Compensation: $0
  • Related: $12,000
  • Other: $0
Scott Zahnle (Vice Chairman)
  • Compensation: $0
  • Related: $12,000
  • Other: $0
Greg Hanshaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Stephenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Moroney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Pingel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Mertens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Peters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Hensley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jami Weems (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iowacreditunions.com

Where can I find the form 990 for Iowa Credit Union League?

Iowa Credit Union League's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iowacreditunions.com

Learn more at the official website: www.iowacreditunions.com

Mission Statement of Iowa Credit Union League

The Iowa Credit Union League, a non-profit organization established in 1933, serves as the representative body for Iowa's credit unions. Its mission, in its own words, is to "strengthen the credit union movement by promoting its growth and well-being, and providing the tools for members to succeed." Essentially, the Iowa Credit Union League aims to support and bolster the credit union sector in the state by advocating for its interests, ensuring regulatory compliance, and offering professional development and management consulting services. This mission is geared towards empowering and enabling Iowa's credit unions to thrive and succeed in their operations.

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Impact




October, 2024

The Iowa Credit Union League (ICUL) plays a vital role in enhancing the credit union movement in Iowa by promoting its growth and wellbeing. By providing essential tools and support, ICUL enables its members to thrive in a competitive financial landscape.

One of the League’s key functions is legislative advocacy, where it diligently works to secure a favorable legislative environment for Iowa's credit unions. This includes professional lobbying, coalition building, grassroots organization, and managing the Credit Union Political Action Committee, ensuring that the interests of credit unions are effectively represented at all levels of government.

In addition to advocacy, ICUL offers a range of services that are critical for credit unions. These services encompass regulatory compliance assistance, public affairs strategies, professional development opportunities, and management consulting. By addressing both immediate and long-term needs, ICUL empowers credit unions to navigate challenges and seize opportunities effectively.

Overall, the Iowa Credit Union League strengthens the community by enhancing the capabilities of credit unions, which in turn fosters financial inclusion, local economic growth, and improved member services throughout the state.




This information is meant to be a general summary of Iowa Credit Union League. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,695,127 (2022)
Expenses
$4,382,938 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16,343
  • Program Service Revenue: $1,056,839
  • Gross Receipts: $1,695,127

Assets and Liabilities:

  • Total Assets: $88,859,297
  • Total Liabilities: $476,969
  • Net Assets: $88,382,328

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$637,757

ANNUAL MEETING

Revenue

$340,598

SERVICE FEES

Revenue

$78,484

Organization Details

Founding Year

1933

Principal Officer

Travis Schipper

Main Address

7745 OFFICE PLAZA DRIVE N STE 170, WEST DES MOINES, IA, 50266

NTEE Category

Code: S41 - Community improvement

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