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Iowa · Nonprofit

IOWA CREDIT UNION LEAGUE

IOWA CREDIT UNION LEAGUE (Iowa) receives grants from 4 organizations whose IRS filings report $307,907 to it, the largest being VERIDIAN CREDIT UNION ($262,437). 2 of them have funded it in more than one year.

Revenue FY2024
$1.9M
Funders on record
4
Grants received
$308k
Net assets
$86M
2/4 repeat funderspeak grant-dependency 7%
01What it does

What Iowa Credit Union League does

Mission

The Iowa Credit Union League (icul) is the non-profit trade association that represents the interests of iowa's credit unions. Icul was established in 1933 and continues to focus on our mission "to strengthen the credit union movement by promoting its growth and well-being, and providing the tools for members to succeed." icul provides the following services to iowa credit unions: legislative advocacy, regulatory compliance, public affairs, professional development and management consulting.

As stated on its FY2024 Form 990.

Programs

  1. Legislative advocacy - work to secure a fair and favorable legislative environment for iowa credit unions through professional lobbying, coalition building, grassroots organization and the credit union political action committee.

  2. Regulatory compliance - monitor regulatory issues, field compliance questions and provide strategic direction concerning credit union compliance issues.

  3. Public affairs and marketing - the public relations and marketing department works closely with credit unions to disseminate pertinent information to the media and community about iowa credit unions and new developments in the industry. Also serves as the resource for community and media relations, marketing the credit brand, and the annual advocacy campaign.

  4. Professional development - the league, in partnership with cuna, holds numerous professional development seminars each year for iowa credit unions to help them learn more about how to best serve their members. The education department helps organize the annual convention.

  5. Managment consultation - the management consultants at icul are strategic partners with individual credit unions to help them identify goals and challenges, and prepare for the future development of their credit union.

The 5 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($90M) Expenses 100 ($4.2M) Net assets 100 ($104M)2018 Revenue 3 ($2.7M) Expenses 139 ($5.8M) Net assets 104 ($108M)2019 Revenue 2 ($1.8M) Expenses 98 ($4.1M) Net assets 106 ($110M)2020 Revenue 3 ($2.8M) Expenses 115 ($4.8M) Net assets 105 ($109M)2021 Revenue 1 ($1.3M) Expenses 91 ($3.8M) Net assets 101 ($105M)2022 Revenue 2 ($1.7M) Expenses 105 ($4.4M) Net assets 85 ($88M)2023 Revenue 2 ($1.6M) Expenses 106 ($4.4M) Net assets 85 ($88M)2024 Revenue 2 ($1.9M) Expenses 106 ($4.4M) Net assets 83 ($86M)
'17'18'19'20'21'22'23'24
Revenue (2)Expenses (106)Net assets (83)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $106M to $89M (−16%).

$112M
$112M
$111M
$111M
$106M
$89M
$89M
$87M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

$86M
’17
−$3.2M
’18
−$2.3M
’19
−$2.0M
’20
−$2.5M
’21
−$2.7M
’22
−$2.8M
’23
−$2.5M
’24
3.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Murray Williams

CEO

Board chair

Scott Zahnle

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1617191815141415
Joined·+3+3+2+2+1+0+1
No longer listed·2135200
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $37k → $106k.

Funder
'20
'22
'23
'24*
'25*
total
$262k
funders
2
1
1
2
1

From the IRS filings of IOWA CREDIT UNION LEAGUE’s funders (the co-funder graph). Top 3 of 4 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

IOWA CREDIT UNION LEAGUE leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund IOWA CREDIT UNION LEAGUE.

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 73% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of IOWA CREDIT UNION LEAGUE's grant income comes from Iowa funders.

IA

In-state vs out-of-state, by year

’20
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like IOWA CREDIT UNION LEAGUE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IA

Part of a family of 12 related entities

  • Coopera Consulting · disregarded
  • Amc Asset Holdings · disregarded
  • Amc Real Estate Holdings · disregarded
  • Amc Employee Benefits Company LLC · disregarded
  • Policyworks - Iowa LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for IOWA CREDIT UNION LEAGUE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds IOWA CREDIT UNION LEAGUE?
IOWA CREDIT UNION LEAGUE (Iowa) receives grants from 4 organizations whose IRS filings report $307,907 to it, the largest being VERIDIAN CREDIT UNION ($262,437). 2 of them have funded it in more than one year.
How many funders does IOWA CREDIT UNION LEAGUE have?
IRS filings report 4 organizations giving $307,907 in grants to IOWA CREDIT UNION LEAGUE, 2 of which have funded it in more than one year.
Who is the largest funder of IOWA CREDIT UNION LEAGUE?
VERIDIAN CREDIT UNION is the largest funder on record, with $262,437 in grants. The full list of funders is on this page.
How can an organization like IOWA CREDIT UNION LEAGUE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Iowa Credit Union League →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing