Dutrac Community Credit Union

Organization Overview

Dutrac Community Credit Union is located in Dubuque, IA. The organization was established in 2007. 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, Dutrac Community Credit Union employed 201 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dutrac Community 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, Dutrac Community Credit Union generated $36.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $27.9m during the year ending 12/2021. While expenses have increased by 3.7% 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

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTING THRIFT AMONG CREDIT UNION MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTING AFFORDABLE LOANS, PROMOTING SAVINGS AND THRIFT AMONG 48839 MEMBERS.


SEE 4A


SEE 4A


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Hawkinson
President/ceo
$446,848
Julie Soucinek
Mortgage Loan Manager
$230,200
Jason Norton
SVP - Marketing
$171,440
Ronald Kinsella
Senior VP Lending
$155,271
Andrew Lassen
SVP - It
$140,432
Michelle A Ariss
SVP Finance
$135,078

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Russell Construction Co Inc
Construction
$2,127,356
Fiserv
Computer Technology
$1,635,565
Town Square Media
Advertising
$358,813
Centurylink
Communications
$292,465
Managed Solutions Group
Computer Repair Service
$262,536
View All Vendors

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$33,968,058
Investment income $1,608,788
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $32,401
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,287,980

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Dutrac Community Credit Union has recieved totaling $5,000.

Awarding OrganizationAmount
National Credit Union Foundation Inc

Madison, WI

PURPOSE: FINANCIAL EDUCATION GRANT

$5,000
View Grant Recipient Profile

Peer Organizations

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$78,975,601
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$72,991,911
Vibrant Credit Union
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$50,336,419
Members Cooperative Credit Union
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$45,708,037
Andigo Credit Union
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$43,497,190
Ideal Credit Union
Woodbury, MN
$42,764,424
1st Midamerica Credit Union
Bethalto, IL
$45,661,014
Great Lakes Credit Union
Bannockburn, IL
$50,981,092

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