Dupaco Community Credit Union: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- Dupaco Community Credit Union (EIN 42-0674206)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-12
- IRS object ID
- 201443169349304639
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-12T02:28:25-00:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420674206 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUPACO COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DUPA | BusinessNameControlTxt |
| Phone | 5635577600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3299 HILLCREST PO BOX 179 | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 520040179 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIELLE D GRATTON | PersonNm |
| Person Title | SVP FINANCE | PersonTitleTxt |
| Signature | 2014-10-13 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSEPH HEARN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3299 HILLCREST RD | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $102,418,624 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.dupaco.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1948 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | Member-owned financial cooperative that offers a complete line of services. Dupacos vision is To be our members lifetime financial home and our mission is To improve our members financial position and build valued relationships by delivering personalized financial advice, products, and service. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 300 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $48,068 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$62,983 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $49,625,073 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $50,713,272 | CYProgramServiceRevenueAmt |
| PY Investment Income | $13,878,819 | PYInvestmentIncomeAmt |
| CY Investment Income | $13,560,606 | CYInvestmentIncomeAmt |
| PY Other Revenue | $392,990 | PYOtherRevenueAmt |
| CY Other Revenue | $349,982 | CYOtherRevenueAmt |
| PY Total Revenue | $63,896,882 | PYTotalRevenueAmt |
| CY Total Revenue | $64,623,860 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,579,421 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,949,236 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $30,439,395 | PYOtherExpensesAmt |
| CY Other Expenses | $30,064,559 | CYOtherExpensesAmt |
| PY Total Expenses | $46,018,816 | PYTotalExpensesAmt |
| CY Total Expenses | $46,013,795 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $17,878,066 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,610,065 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,067,663,560 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,123,457,400 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $930,905,930 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $984,652,778 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $136,757,630 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $138,804,622 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO IMPROVE OUR MEMBERS FINANCIAL POSITION AND BUILD VALUED RELATIONSHIPS BY DELIVERING PERSONALIZED FINANCIAL ADVICE, PRODUCTS AND SERVICES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | TO PROMOTE THRIFT AND FINANCIAL LITERACY IN THE COMMUNITIES WHICH WE SERVE. COLLABORATE WITH OUR MEMBERS TO BECOME THEIR LIFETIME FINANCIAL HOME WHILE PROVIDING NO/LOW COST FINANCIAL SERVICES AND COMPETITIVE LOAN AND DEPOSIT RATES | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 60372 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 300 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Form8886 T Filed | false | Form8886TFiledInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIELLE D GRATTON SVP OF FINANCE | PersonNm |
| Phone | 5635577600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3999 PENNSYLVANIA AVE | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 52002 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| DENISE DOLAN | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| RANDY SKEMP | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| RONALD MUSSEHL | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| RENEE POPPE | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| J STEPHAN CHAPMAN | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD BURGMEIER | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| KEITH LANGAN | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEFF GONNER | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| BOB WETHAL | |||||||||
| DIRECTOR | 001.00 | Yes (X) | $0 | $0 | $0 | ||||
| GREGG LIDDLE | |||||||||
| EXE VP RISK MANAGEMENT | 040.00 | $219,324 | $0 | $22,117 | Yes (X) | Yes (X) | |||
| JOSEPH HEARN | |||||||||
| PRESIDENT/CEO | 040.00 | $374,695 | $0 | $136,043 | Yes (X) | Yes (X) | |||
| DANIELLE GRATTON | |||||||||
| SVP FINANCE/CFO | 040.00 | $249,558 | $0 | $83,005 | Yes (X) | Yes (X) | |||
| MATT DODDS | |||||||||
| COO | 040.00 | $225,198 | $0 | $74,888 | Yes (X) | Yes (X) | |||
| JOHN KOPPES | |||||||||
| SVP BUS LENDING | 040.00 | $178,452 | $0 | $18,161 | Yes (X) | ||||
| LEO COSTELLO | |||||||||
| SVP BUS DEVELOPMENT | 040.00 | $187,438 | $0 | $59,588 | Yes (X) | ||||
| NANCY TEKIPPE | |||||||||
| SVP SERVICE DELIVERY/OPER | 040.00 | $169,500 | $0 | $54,733 | Yes (X) | ||||
| STEVE ERVOLINO | |||||||||
| SVP IS/TECH SUPPORT | 040.00 | $211,427 | $0 | $71,104 | Yes (X) | ||||
| DAVID KLAVITTER | |||||||||
| SVP MARKETING | 040.00 | $183,539 | $0 | $67,684 | Yes (X) | ||||
| MICHAEL SCHROEDER | |||||||||
| VP FINANCIAL SERVICES | 040.00 | $157,847 | $0 | $16,464 | Yes (X) | ||||
| ROBERT HOEFER | |||||||||
| CONSULTANT TO THE BOARD OF DIRECTORS | 016.00 | $115,000 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,271,978 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $603,787 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UNION HOERMANN | |||||
| PO BOX 916 DUBUQUE IA 52004-0916 | DUBUQUE | IA | 520040916 | PRINTING SERVICES | $407,205 |
| PREFERRED HEALTH CHOICES | |||||
| 1605 ASSOCIATES DRIVE SUITE 101 | DUBUQUE | IA | 52002 | HEALTH INSURANCE | $353,439 |
| SHI INTERNATIONAL CORP | |||||
| 290 DAVIDSON AVE | SOMERSET | NJ | 08873 | DATA PROCESSING | $328,107 |
| O'CONNOR & THOMAS PC | |||||
| 700 LOCUST STREET SUITE 200 | DUBUQUE | IA | 52001 | LEGAL | $228,512 |
| THE MEMBERS GROUP | |||||
| 1500 NW 118TH ST | DES MOINES | IA | 50325 | CARD PROCESSING | $1,855,642 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| NON-MEMBER ATM FEES | 522110 | $41,412 | $41,412 | |
| MEMBER SERVICE INCOME | 522100 | $50,665,204 | $50,665,204 | |
| GAIN FROM PARTNERSHIP CUSN | 900099 | $6,656 | $6,656 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $50,713,272 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,988,134 | TotalRevenueColumnAmt |
| Exclusion | $12,988,134 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $143,922 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $143,922 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $143,922 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $37,697,693 | SecuritiesAmt |
| Other | $669,543 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $37,002,708 | SecuritiesAmt |
| Other | $792,056 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $694,985 | SecuritiesAmt |
| Other | -$122,513 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $572,472 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $206,060 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $206,060 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $206,060 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,623,860 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,871,264 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $48,068 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,988,134 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,247,228 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,628,612 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,099,578 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,128,367 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $845,451 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,626 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,660 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,897,140 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $726,356 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,301,286 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,552,801 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,300,455 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,677,378 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $977,484 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| DRAFT CHARGES | $1,210,968 |
| LEGAL RESERVE | $2,605,927 |
| OPERATING EXPENSE | $2,651,741 |
| PROVISION FOR LOAN LOSS | $3,122,113 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,587,624 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,013,795 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,758,526 | BOYAmt |
| EOY | $10,928,351 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,827,519 | BOYAmt |
| EOY | $34,486,624 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,945,644 | BOYAmt |
| EOY | $1,077,063 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $543,260,296 | BOYAmt |
| EOY | $582,896,567 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $822,558 | BOYAmt |
| EOY | $860,080 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,071,842 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,759,074 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,761,918 | BOYAmt |
| EOY | $19,312,768 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $358,827,725 | BOYAmt |
| EOY | $375,335,040 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,473,011 | BOYAmt |
| EOY | $79,339,359 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,986,363 | BOYAmt |
| EOY | $19,221,548 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,067,663,560 | BOYAmt |
| EOY | $1,123,457,400 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,986,461 | BOYAmt |
| EOY | $4,185,745 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,000,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $915,919,469 | BOYAmt |
| EOY | $980,467,033 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $930,905,930 | BOYAmt |
| EOY | $984,652,778 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,757,630 | BOYAmt |
| EOY | $138,804,622 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,757,630 | BOYAmt |
| EOY | $138,804,622 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,067,663,560 | BOYAmt |
| EOY | $1,123,457,400 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $18,610,065 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$19,169,000 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,605,927 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,558,376 | OtherCostOrOtherBasisAmt |
| Book Value | $3,558,376 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,744,527 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,765,707 | DepreciationAmt |
| Book Value | $13,978,820 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,768,939 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,993,367 | DepreciationAmt |
| Book Value | $1,775,572 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $19,312,768 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FHLB STOCK | $4,311,200 | F |
| CDS/MUTUAL FUNDS | $56,637,851 | F |
| DUPACO FINANCIAL SERVICES INVESTMENTS | $1,390,308 | F |
| TMG FINANCIAL SERVICES CAP LOAN PROGRAM | $17,000,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $79,339,359 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| REGULAR SHARES | $157,136,234 |
| MEMBER SHARES | $543,554,571 |
| CERTIFICATES | $279,776,228 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $980,467,033 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $64,625,220 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $64,625,220 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$1,360 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,360 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $64,623,860 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $43,409,227 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $43,409,227 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,604,568 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,604,568 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $46,013,795 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| X 2 | The Credit Union accounts for uncertainty in income taxes in accordance with ASC 740, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Credit Union may recognize the tax benefits from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on technical merits of the position. The Part X Line 2 tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses derecognition, classification, interest and penalties on income taxes, and accounting in interim periods. This standard did not have an impact on the financial statements and the Credit Union does not have any uncertain tax positions. |
| X 2 | The Credit Union recognizes interest and penalties on income taxes as a component of income tax expense. With few exceptions, the Credit Union is no longer subject to U.S federal or state and local income tax examinations by tax authorities for years before 2008. |
| XI 4b | Expenses netted with Revenues -1,360 |
| XII 4b | Legal Reserves 2,605,927 Expenses netted with Revenues -1,360 1 Rounding |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| GREGG LIDDLE | ||||||
| EXE VP RISK MANAGEMENT | $170,467 | $44,565 | $4,292 | $22,117 | $2,612 | $244,053 |
| JOSEPH HEARN | ||||||
| PRESIDENT/CEO | $268,767 | $86,790 | $19,138 | $136,043 | $1,958 | $512,696 |
| DANIELLE GRATTON | ||||||
| SVP FINANCE/CFO | $186,264 | $58,938 | $4,356 | $83,005 | $1,699 | $334,262 |
| JOHN KOPPES | ||||||
| SVP BUS LENDING | $139,012 | $37,459 | $1,981 | $18,161 | $1,857 | $198,470 |
| LEO COSTELLO | ||||||
| SVP BUS DEVELOPMENT | $126,440 | $57,919 | $3,079 | $59,588 | $1,233 | $248,259 |
| NANCY TEKIPPE | ||||||
| SVP SERVICE DELIVERY/OPER | $129,483 | $38,205 | $1,812 | $54,733 | $1,269 | $225,502 |
| STEVE ERVOLINO | ||||||
| SVP IS/TECH SUPPORT | $154,923 | $52,788 | $3,716 | $71,104 | $1,533 | $284,064 |
| DAVID KLAVITTER | ||||||
| SVP MARKETING | $145,138 | $37,408 | $993 | $67,684 | $1,471 | $252,694 |
| MATT DODDS | ||||||
| COO | $172,236 | $50,440 | $2,522 | $74,888 | $1,482 | $301,568 |
| MICHAEL SCHROEDER | ||||||
| VP FINANCIAL SERVICES | $52,947 | $104,770 | $130 | $16,464 | $563 | $174,874 |
| ROBERT HOEFER | ||||||
| CONSULTANT TO THE BOARD OF DIRECTORS | $115,000 | $11,128 | $126,128 | |||
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 1a | FormAndLineReferenceDesc |
| Explanation | Health or social club dues are paid for officers or members of the management team of Dupaco Community Credit Union as part of their compensation package. Any dues that are paid to these members are added to their W-2s at the end of the year as reportable compensation. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 6 | Membership of Dupaco Community Credit Union includes all eligible persons described below that have an account at the Credit Union. |
| Form 990, Part VI, Section A, Line 7a | Membership of Dupaco Community Credit Union shall consist of and be limited to such natural persons and entities eligible by law and as approved from time to time by, and recorded at the office of, the Superintendent of Credit Unions. To be eligible to be a Dupaco member, you must live or work within our 28 county charter area in Eastern Iowa, Northwest Illinois, and Southwest Wisconsin. |
| Form 990, Part VI, Section A, Line 7b | There shall be an annual meeting of the members on a date designated by the board of directors. Twenty-two members shall constitute a quorum. If a quorum is not present on the date first designated for annual or special meetings of the credit union, the meetings shall be adjourned for not more than 15 days, and a second notice shall be mailed to or posted for all members stating the time and place of the adjourned meeting and those members present at such adjourned meeting shall constitute a quorum for the transaction of all business. |
| Form 990, Part VI, Section B, Line 11a | Every voting member of the board of directors received a copy of the final 2013 990 tax return for Dupaco Community Credit Union to review at the regularly scheduled board meeting prior to the submission of the return to the IRS. Any questions that the board members had in regards to the return were addressed at that time. |
| Form 990, Part VI, Section B, Line 12c | Dupaco annually requires all directors and employees to complete a conflict of interest form where all directors and employees list out any member accounts or organizations that would potentially impair their independence with Dupaco Community Credit Union. Upon completion of the forms, the forms are kept in the administration office under a locked file cabinet and are also reviewed by the Internal Auditor. |
| Form 990, Part VI, Section B, Line 15 | Annually the personnel committee will meet to determine the wages for the management team and employees. The personnel committee provides its recommendations of salary adjustments to the Board, who then votes on the recommendations. |
| Form 990, Part VI, Section C, Line 19 | Dupacos governing documents, conflict of interest policy, and financial statements are posted at each branch location and are also available upon request. |
| Form 990, Part XI, Line 5 | The Credit Union is required by regulation to maintain a legal reserve. The reserve is appropriated out of retained earnings. This reserve is not related to the amount of losses actually anticipated and the appropriations, thereto, have not been charged against income. These reserves, which represent regulatory restrictions of retained earnings, are not available for the payment of interest. Transfer to legal reserves was 2,605,927. |
| Form 990, Part XI, Line 5 | Securities available for sale are accounted for at fair value and the unrealized holding gains and losses are presented as a separate component of accumulated other comprehensive income. The change in unrealized loss on securities available for sale was 19,169,000. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| DUPACO FINANCIAL SERVICES | ||||||||||
| 3299 HILLCREST RD | DUBUQUE | IA | 52001 | 391873865 | FINANCIAL SERVICES | IA | DUPACO COMMUNITY CREDIT UNION | C Corp | 1.00000 | false |
| DUPACO INSURANCE SERVICES | ||||||||||
| 3299 HILLCREST RD | DUBUQUE | IA | 52001 | 421024767 | INSURANCE SERVICES | IA | DUPACO FINANCIAL SERVICES | C Corp | 1.00000 | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUPACO INSURANCE SERVICES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | d | TransactionTypeTxt |
| Involved | $60,000 | InvolvedAmt |