Dupaco Community Credit Union: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- Dupaco Community Credit Union (EIN 42-0674206)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-05
- IRS object ID
- 201342179349300979
- Schema version
- 2012v2.2
- 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) |
|---|---|---|
| Timestamp | 2013-08-05T02:11:42-00:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420674206 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUPACO COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DUPA | NameControl |
| Phone | 5635577600 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DANIELLE D GRATTON | Name |
| Title | SVP FINANCE | Title |
| Date Signed | 2013-08-05 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOSEPH HEARN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 146795222 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.dupaco.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1948 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 285 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 45516 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -73257 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 43976286 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 49625073 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 15801083 | InvestmentIncomePriorYear |
| Investment Income Current Year | 13878819 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 675474 | OtherRevenuePriorYear |
| Other Revenue Current Year | 392990 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 60452843 | TotalRevenuePriorYear |
| Total Revenue Current Year | 63896882 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 14249318 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15579421 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 31465446 | OtherExpensePriorYear |
| Other Expenses Current Year | 30439395 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 45714764 | TotalExpensesPriorYear |
| Total Expenses Current Year | 46018816 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 14738079 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 17878066 | RevenuesLessExpensesCY |
| Total Assets BOY | 975136780 | TotalAssetsBOY |
| Total Assets EOY | 1067663560 | TotalAssetsEOY |
| Total Liabilities BOY | 861937820 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 930905930 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 113198960 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 136757630 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO IMPROVE OUR MEMBERS FINANCIAL POSITION AND BUILD VALUED RELATIONSHIPS BY DELIVERING PERSONALIZED FINANCIAL ADVICE, PRODUCTS AND SERVICES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | 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 | Description |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 58949 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 285 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DANIELLE D GRATTON SVP OF FINANCE | NamePerson |
| Telephone Number | 5635577600 | TelephoneNumber |
Address US AddressUS
| 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 Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| DENISE DOLAN | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| RANDY SKEMP | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| RONALD MUSSEHL | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| RENEE POPPE | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| J STEPHAN CHAPMAN | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| RICHARD BURGMEIER | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| KEITH LANGAN | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| JEFF GONNER | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| BOB WETHAL | ||||||||
| DIRECTOR | 001.00 | X | 0 | 0 | 0 | |||
| ROBERT HOEFER | ||||||||
| PRESIDENT/CEO | 040.00 | 303088 | 0 | 16493 | X | X | ||
| GREGG LIDDLE | ||||||||
| EXE VP RISK MANAGEMENT | 040.00 | 214810 | 0 | 21778 | X | X | ||
| JOSEPH HEARN | ||||||||
| PRESIDENT/CEO | 040.00 | 351452 | 0 | 135356 | X | X | ||
| DANIELLE GRATTON | ||||||||
| SVP FINANCE/CFO | 040.00 | 214277 | 0 | 20898 | X | X | ||
| MATT DODDS | ||||||||
| COO | 040.00 | 192020 | 0 | 19666 | X | X | ||
| JOHN KOPPES | ||||||||
| SVP BUS LENDING | 040.00 | 182148 | 0 | 18346 | X | |||
| LEO COSTELLO | ||||||||
| SVP BUS DEVELOPMENT | 040.00 | 184081 | 0 | 18571 | X | |||
| NANCY TEKIPPE | ||||||||
| SVP SERVICE DELIVERY/OPER | 040.00 | 165646 | 0 | 67022 | X | |||
| STEVE ERVOLINO | ||||||||
| SVP IS/TECH SUPPORT | 040.00 | 199312 | 0 | 20485 | X | |||
| DAVID KLAVITTER | ||||||||
| SVP MARKETING | 040.00 | 174634 | 0 | 18697 | X | |||
| MICHAEL SCHROEDER | ||||||||
| VP FINANCIAL SERVICES | 040.00 | 140946 | 0 | 14656 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2322414 | TotalReportableCompFromOrg |
| Total Other Compensation | 371968 | TotalOtherCompensation |
| Number Individuals GT100 K | 14 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| UNION HOERMANN | |||||
| PO BOX 916 DUBUQUE IA 52004-0916 | DUBUQUE | IA | 520040916 | PRINTING SERVICES | 316475 |
| HARLAND FINANCIAL SOLUTIONS | |||||
| PO BOX 535120 | ATLANTA | GA | 303535120 | DATA PROCESSING SERVICES | 236130 |
| DAKOTA SECURITY SYSTEMS INC | |||||
| 2201 E 54TH STREET NORTH | SIOUX FALLS | SD | 57104 | SECURITY | 209583 |
| MCKESSON TECHNOLOGIES INC | |||||
| PO BOX 98347 | CHICAGO | IL | 60693 | STATEMENTS | 175376 |
| NUSOURCE FINANCIAL INC | |||||
| 9749 HAMILTON ROAD | EDEN PRAIRIE | MN | 55344 | ATM SERVICES | 171991 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| NON-MEMBER ATM FEES | 522110 | 40063 | 40063 | |
| MEMBER SERVICE INCOME | 522100 | 49579557 | 49579557 | |
| GAIN FROM PARTNERSHIP CUSN | 900099 | 5453 | 5453 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 49625073 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13460831 | TotalRevenueColumn |
| Exclusion | $13,460,831 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 147360 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 147360 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 147360 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 82426636 | Securities |
| Other | 889692 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 81723813 | Securities |
| Other | 1174527 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 702823 | Securities |
| Other | -284835 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 417988 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 245630 | TotalRevenueColumn |
| Related Or Exempt Function Income | 245630 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 245630 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 63896882 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49825187 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 45516 | UnrelatedBusinessRevenue |
| Exclusion | $13,460,831 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1649815 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9864889 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1042538 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2234543 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 787636 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202288 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183605 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2409751 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650527 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1271466 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1556624 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10516823 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1824749 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1018129 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| DRAFT CHARGES | 1172441 |
| LEGAL RESERVE | 3177604 |
| OPERATING EXPENSE | 2560555 |
| PROVISION FOR LOAN LOSS | 2599503 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1295330 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46018816 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11652489 | BOY |
| EOY | 13758526 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23398777 | BOY |
| EOY | 41827519 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1777704 | BOY |
| EOY | 3945644 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 469496906 | BOY |
| EOY | 543260296 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 991233 | BOY |
| EOY | 822558 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 34843614 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15081696 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20609256 | BOY |
| EOY | 19761918 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 368880801 | BOY |
| EOY | 358827725 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62110542 | BOY |
| EOY | 68473011 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16219072 | BOY |
| EOY | 16986363 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 975136780 | BOY |
| EOY | 1067663560 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5182627 | BOY |
| EOY | 4986461 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10000000 | BOY |
| EOY | 10000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 846755193 | BOY |
| EOY | 915919469 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 861937820 | BOY |
| EOY | 930905930 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113198960 | BOY |
| EOY | 136757630 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113198960 | BOY |
| EOY | 136757630 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 975136780 | BOY |
| EOY | 1067663560 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 17878066 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2503000 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 3177604 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Included On FS | false | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3558376 | OtherCostOrOtherBasis |
| Book Value | 3558376 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20348364 | OtherCostOrOtherBasis |
| Depreciation | 6201716 | Depreciation |
| Book Value | 14146648 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10936874 | OtherCostOrOtherBasis |
| Depreciation | 8879980 | Depreciation |
| Book Value | 2056894 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 19761918 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Investments Program Related InvestmentsProgramRelated (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| FHLB STOCK | 6449800 | F |
| CDS/MUTUAL FUNDS | 46183824 | F |
| DUPACO FINANCIAL SERVICES INVESTMENTS | 839387 | F |
| TMG FINANCIAL SERVICES CAP LOAN PROGRAM | 15000000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 68473011 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Federal income taxes | |
| REGULAR SHARES | $136,229,795 |
| MEMBER SHARES | $518,074,109 |
| CERTIFICATES | $261,615,565 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 915919469 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 63899463 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 63899463 | RevenueSubtotal |
| Other Revenues Not Included | -2581 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -2581 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 63896882 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 42843793 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 42843793 | ExpensesSubtotal |
| Other Expenses Not Included | 3175023 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3175023 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 46018816 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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 2007. |
| XI | 4b | Expenses netted with Revenues -2,581 |
| XII | 4b | Legal Reserves 3,177,604 Expenses netted with Revenues -2,581 Rounding |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (11 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|---|
| ROBERT HOEFER | ||||||
| PRESIDENT/CEO | 141286 | 22455 | 139347 | 16493 | 2140 | 321721 |
| GREGG LIDDLE | ||||||
| EXE VP RISK MANAGEMENT | 163840 | 46140 | 4830 | 21778 | 3126 | 239714 |
| JOSEPH HEARN | ||||||
| PRESIDENT/CEO | 249958 | 86873 | 14621 | 135356 | 1958 | 488766 |
| DANIELLE GRATTON | ||||||
| SVP FINANCE/CFO | 158111 | 52320 | 3847 | 20898 | 1699 | 236875 |
| JOHN KOPPES | ||||||
| SVP BUS LENDING | 134720 | 43601 | 3828 | 18346 | 2371 | 202866 |
| LEO COSTELLO | ||||||
| SVP BUS DEVELOPMENT | 122706 | 58579 | 2796 | 18571 | 1233 | 203885 |
| NANCY TEKIPPE | ||||||
| SVP SERVICE DELIVERY/OPER | 123090 | 40856 | 1700 | 67022 | 1269 | 233937 |
| STEVE ERVOLINO | ||||||
| SVP IS/TECH SUPPORT | 148817 | 50050 | 445 | 20485 | 1533 | 221330 |
| DAVID KLAVITTER | ||||||
| SVP MARKETING | 138902 | 35145 | 587 | 18697 | 1471 | 194802 |
| MATT DODDS | ||||||
| COO | 149794 | 41926 | 300 | 19666 | 1482 | 213168 |
| MICHAEL SCHROEDER | ||||||
| VP FINANCIAL SERVICES | 54280 | 86557 | 109 | 14656 | 563 | 156165 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | 1a | ReturnReference |
| 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. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| ExplanationExplanation |
|---|
| 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 2012 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 3,177,604. |
| 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 gain on securities available for sale was 2,503,000. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DUPACO FINANCIAL SERVICES | ||||||||||||
| 3299 HILLCREST RD | DUBUQUE | IA | 52001 | 391873865 | FINANCIAL SERVICES | IA | DUPACO COMMUNITY CREDIT UNION | C Corp | 1332101 | 1431735 | 1.00000 | false |
| DUPACO INSURANCE SERVICES | ||||||||||||
| 3299 HILLCREST RD | DUBUQUE | IA | 52001 | 421024767 | INSURANCE SERVICES | IA | DUPACO FINANCIAL SERVICES | C Corp | 580787 | 106957 | 1.00000 | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUPACO INSURANCE SERVICES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | d | TransactionType |
| Amount Involved | 60000 | AmountInvolved |