5 Star Community Credit Union
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
5 Star Community Credit Union is a 501(c)(14) organization based in Mt Pleasant, Iowa, registered in 2007, with $2,657,902 in FY2024 revenue. CharityIndex grades it B.
Po Box 28, Mt Pleasant, IA, 52641 EIN 42-6063218 Since 2007
Revenue (FY2024)
$2.7M
▲ 15.4% vs prior year
Expenses (FY2024)
$2.5M
Net assets
$3.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 5 Star Community Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 5 Star Community Credit Union: 16 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 5 Star Community Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 5 Star Community Credit Union: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 28, Mt Pleasant, IA, 52641
- City
- Mt Pleasant
- State
- Iowa
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.1M (FY2013) to $2.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $47.5MNet assets $3.2M
Operating margin
7.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$50.8M
Total liabilities
$47.5M
Net assets
$3.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,657,902▲15.4% | $2,455,509▲16.2% | $3,247,273▲7.6% | $50,776,023▲3.5% | 990 |
| 2023 | $2,303,462▲17.7% | $2,112,524▲19.8% | $3,018,603▲16.5% | $49,055,238▲6.5% | 990 |
| 2022 | $1,957,816▲9.5% | $1,763,951▲2.3% | $2,591,409▼24.9% | $46,048,402▲1.3% | 990 |
| 2021 | $1,787,150▼1.3% | $1,724,128▲1.2% | $3,449,705▼2.7% | $45,445,883▲2.3% | 990 |
| 2020 | $1,809,929▼3.6% | $1,703,359▲2.0% | $3,544,740▲5.3% | $44,430,956▲24.8% | 990 |
| 2019 | $1,877,024▲9.0% | $1,670,188▲5.0% | $3,366,182▲8.2% | $35,611,728▲5.0% | 990 |
| 2018 | $1,722,229▲16.6% | $1,591,253▲10.5% | $3,110,821▲4.0% | $33,903,257▲9.4% | 990 |
| 2017 | $1,476,888▲7.1% | $1,440,485▲6.7% | $2,990,146▲3.1% | $30,976,555▲4.6% | 990 |
| 2016 | $1,379,280▲1.4% | $1,350,448▲0.9% | $2,900,394▼1.8% | $29,600,678▲6.3% | 990 |
| 2015 | $1,360,020▲12.8% | $1,338,065▼7.4% | $2,954,011▲0.2% | $27,855,061▲2.4% | 990 |
| 2014 | $1,205,388▲8.0% | $1,445,485▲38.3% | $2,946,993▼6.2% | $27,206,995▲5.2% | 990 |
| 2013 | $1,115,609 | $1,045,246 | $3,142,013 | $25,873,985 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is 5 Star Community Credit Union a legitimate nonprofit?
- Yes. 5 Star Community Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 42-6063218, based in Mt Pleasant, Iowa.
- What is 5 Star Community Credit Union's EIN?
- 5 Star Community Credit Union's Employer Identification Number (EIN) is 42-6063218.
- How much revenue does 5 Star Community Credit Union report?
- 5 Star Community Credit Union reported $2,657,902 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does 5 Star Community Credit Union have?
- CharityIndex grades 5 Star Community Credit Union B, based on financial health (reserves and operating margin).
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Data for 5 Star Community Credit Union (EIN 42-6063218) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.