Linn Area Credit Union

Organization Overview

Linn Area Credit Union is located in Cedar Rapids, IA. The organization was established in 0000. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Linn Area Credit Union employed 125 individuals. Linn Area Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Linn Area Credit Union generated $26.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $20.0m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing



Describe the Organization's Mission:

Part 3 - Line 1


Describe the Organization's Program Activity:

Part 3 - Line 4a



Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Jennifer Lorenz
Paula O'rourke
Tracy Taylor
Sr VP Of Len
Nick Mundorf
Mortgage Ori
Richard Head
VP Of It
Debra Salz-Steenblock
VP Human Res

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$26,069,522
Investment income $320,496
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,390,018

Peer Organizations

Organization NameAssets
Vibrant Credit Union
Moline, IL
Members Cooperative Credit Union
Duluth, MN
Andigo Credit Union
Schaumburg, IL
Ideal Credit Union
Woodbury, MN
1st Midamerica Credit Union
Bethalto, IL
Great Lakes Credit Union
Bannockburn, IL
City & County Credit Union
Saint Paul, MN
Dutrac Community Credit Union
Dubuque, IA
Numark Credit Union
Joliet, IL
Dupage Credit Union
Naperville, IL
Abbott Laboratories Employer Credit Union
Gurnee, IL
Liberty First Credit Union
Lincoln, NE

Create an account to unlock the data you need.