Dutrac Community Credit Union
100% goes to programs Strong reserves Growing revenue
Dutrac Community Credit Union is a 501(c)(14) organization based in Dubuque, Iowa, registered in 2007, with $62,472,471 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
3465 Asbury Rd, Dubuque, IA, 52002 EIN 42-0670685 Since 2007
Revenue (FY2024)
$62.5M
▲ 17.6% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$58.6M
Net assets
$117.9M
Employees
220
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs
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. For Dutrac Community Credit Union: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +6% 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 Dutrac Community Credit Union: 24 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Dutrac Community Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Dutrac Community Credit Union: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Promoting thrift among credit union members
Contact & location
- Address
- 3465 Asbury Rd, Dubuque, IA, 52002
- City
- Dubuque
- State
- Iowa
- Category
- Public & Societal Benefit
- Subcategory
- Financial Institutions
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $25.3M (FY2013) to $62.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.1BNet assets $117.9M
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$1.1B
Net assets
$117.9M
Salaries & benefits
$14.4M
25% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,472,471▲17.6% | $58,553,473▲21.1% | $117,942,821▲3.8% | $1,178,840,167▲9.9% | 990 |
| 2023 | $53,135,440▲32.8% | $48,362,996▲45.8% | $113,580,326▲7.2% | $1,073,070,686▲2.7% | 990 |
| 2022 | $40,004,352▲10.2% | $33,177,561▲19.1% | $105,960,594▼7.9% | $1,044,586,172▲6.5% | 990 |
| 2021 | $36,287,980▼2.9% | $27,866,309▼10.8% | $115,077,126▲5.0% | $980,523,751▲9.2% | 990 |
| 2020 | $37,374,509▼11.8% | $31,245,514▲0.6% | $109,605,698▲7.4% | $897,800,981▲18.8% | 990 |
| 2019 | $42,352,968▲23.5% | $31,065,676▲17.2% | $102,096,603▲14.8% | $755,987,525▲6.5% | 990 |
| 2018 | $34,299,673▲19.8% | $26,507,102▲13.0% | $88,929,926▲6.9% | $709,629,061▲0.7% | 990 |
| 2017 | $28,639,884▲10.1% | $23,464,445▲5.3% | $83,161,563▲9.0% | $704,715,239▲7.2% | 990 |
| 2016 | $26,002,478▲3.7% | $22,278,942▲3.3% | $76,323,928▲5.6% | $657,618,528▲5.5% | 990 |
| 2015 | $25,082,592▼6.4% | $21,566,573▼0.8% | $72,264,982▲4.3% | $623,336,814▲0.5% | 990 |
| 2014 | $26,805,488▲6.1% | $21,732,721▲4.0% | $69,290,614▲10.8% | $620,176,862▲8.5% | 990 |
| 2013 | $25,260,490 | $20,905,899▼1.7% | $62,534,469▼0.2% | $571,514,361▲3.6% | 990 |
| 2012 | — | $21,269,799▼7.1% | $62,683,869▲11.0% | $551,402,745▲7.2% | 990 |
| 2011 | — | $22,895,944▲2.1% | $56,480,857▲10.8% | $514,534,098▲6.5% | 990 |
| 2010 | — | $22,421,745 | $50,974,944 | $483,200,816 | 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.
Leadership & compensation (FY2024)
Highest-paid: Andrew A Hawkinson — $656,368 (1.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew A Hawkinson | Presidentceo | 45 | $656,368 |
| Michelle A Ariss | Senior Vp Finance | 45 | $188,948 |
| Ronald J Kinsella | Senior Vp Lending | 45 | $186,450 |
| Andrew K Lassen | Senior Vp It | 45 | $179,178 |
| Julie Soucinek | Mortgage Loan Manager | 45 | $174,204 |
| Lee M Hoerner | Svp Member Service | 45 | $169,624 |
| Megan E Kelleher-egan | Svp Human Resources | 45 | $157,032 |
| Jeffrey Waller | Commercial Lending Mgr | 45 | $149,194 |
| Travis Phelan | Commercial Lender | 45 | $142,643 |
| Kim M Adams | Senior Vp Operations | 45 | $139,275 |
| Dennis Naranjo | Commercial Lender | 45 | $132,973 |
| Jason A Norton | Svp Marketing | 0 | $100,481 |
| Harlen T Pedretti | Director | 2 | $2,717 |
| Daniel J Deutmeyer | Secretary | 2 | $1,584 |
| Crenna M Brumwell | Director | 2 | $1,424 |
| Chad M Kruse | Vicechairperson | 2 | $988 |
| Scott J Neyens | Director | 2 | $810 |
| John P Vail | Director | 2 | $799 |
| Kevin R Mueller | Treasurer | 4 | $760 |
| David W Eggers | Director | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Russell Contruction Co Inc | Construction | $1,998,519 |
| Corelation Inc | Data Processing | $478,644 |
| Data Business Equipment | Data Processing | $410,396 |
| Hyland Software Inc | Data Processing | $270,003 |
| Access Softek Inc | Data Processing | $248,235 |
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Compare Dutrac Community Credit Union
Frequently asked questions
- Is Dutrac Community Credit Union a legitimate nonprofit?
- Yes. Dutrac Community Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 42-0670685, based in Dubuque, Iowa.
- What is Dutrac Community Credit Union's EIN?
- Dutrac Community Credit Union's Employer Identification Number (EIN) is 42-0670685.
- How much revenue does Dutrac Community Credit Union report?
- Dutrac Community Credit Union reported $62,472,471 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Dutrac Community Credit Union's spending goes to programs?
- Dutrac Community Credit Union spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Dutrac Community Credit Union have?
- CharityIndex grades Dutrac Community Credit Union A+, based on program efficiency and fundraising cost.
- How much does Dutrac Community Credit Union's highest-paid employee make?
- The highest reported compensation on Dutrac Community Credit Union's latest Form 990 is $656,368, paid to Andrew A Hawkinson (Presidentceo).
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Data for Dutrac Community Credit Union (EIN 42-0670685) 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.