IOWA CORPORATE CENTRAL UNION 365 (EIN 420778117) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Phone

3193765237

Tax Period

2024-01-01 to 2024-12-31

IOWA CORPORATE CENTRAL UNION 365, founded in 1995, is a small nonprofit that reported $259K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $230K left a modest 11% surplus.

Mission

CREDIT UIONS CREATE A SOURCE OF CREDIT AT A FAIR AND RESONABLE RATE OF INTEREST, ENCOURAGE HABITS OF THRIFT AMONG ITS MEMBERS, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR OWN MONEY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $195,532

Investment Income $63,799

Other Revenue $0

TOTAL REVENUE $259,331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,105

Fundraising Expenses $0

Program Expenses $230,207

Other Expenses $177,102

TOTAL EXPENSES $230,207

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,331	$188,781	+0.4%
Expenses	$230,207	$173,781	+0.3%
Net Income	$29,124	$15,000	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELODIE GOLDENSOPH	EMPLOYEE	40.00	Highest	$37,351	$0	$37,351
REBEKAH SMITH	SECRETARY	1.00	Director	$0	$0	$0
JOE NEUWEG	CHAIRMAN	1.00	Director	$0	$0	$0
TAMMY WORKMAN	AUDIT COMMITTEE CHAIRMAN	0.00	Director	$0	$0	$0
JEAN HAMILTON	AUDIT COMMITTEE	0.00	Director	$0	$0	$0
SHAWNNA MAUPIN	AUDIT COMMITTEE	0.00	Director	$0	$0	$0
HEATHER MOEHN	AUDIT COMMITTEE	0.00	Director	$0	$0	$0
JASON FOWLER	CREDIT COMMITTEE CHAIRMAN	0.00	Director	$0	$0	$0
ALEA MOOMEY	CREDIT COMMITTEE	0.00	Director	$0	$0	$0
MATT LINNENBRINK	CREDIT COMMITTEE	0.00	Director	$0	$0	$0
TABATHA CASSIDAY	CREDIT COMMITTEE	0.00	Director	$0	$0	$0
MARK MEIEROTTO	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$259,331	$230,207	$6,269,812	$29,124
2023	$188,781	$173,781	$5,712,199	$15,000
2022	$135,483	$127,620	$5,159,639	$7,863
2021	$122,869	$116,422	$4,934,899	$6,447
2020	$123,989	$117,703	$4,585,262	$6,286
2019	$118,964	$105,535	$4,085,302	$13,429
2018	$113,015	$100,940	$3,829,505	$12,075

IOWA CORPORATE CENTRAL UNION 365