Federal Employees Credit Union in Des Moines, Iowa (IA)

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Federal Employees Credit Union
Employer Identification Number (EIN)420721276
Name of OrganizationFederal Employees Credit Union
Address210 Walnut St Rm 132, Des Moines, IA 50309-2112
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$18,502,858
Amount of Income$941,794
Form 990 Revenue Amount$931,794


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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$1,013,264
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$631,627
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$86,441
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$295,196
Statement of Functional Expenses (for 2011)
Total functional expenses$1,102,930
Compensation of current officers, directors, trustees, and key employees$82,371
Other salaries and wages$265,850
Payroll taxes$26,856
Professional fundraising services$0
Other$727,853
Balance Sheet (for 2011)
Total assets$18,269,368
Total liabilities$16,463,576
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$16,463,576
Total net assets or fund balances$1,805,792
Retained earnings, endowment, accumulated income, or other funds$-89,664
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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