Public Charity

IOWA CREDIT UNION FOUNDATION

Based in WEST DES MOINES, IA, IOWA CREDIT UNION FOUNDATION operates as a Public Charity. The organization reported $803K in revenue, $731K in expenses, $2.5M in total assets for fiscal year 2025. Imperigo tracks 20 reported grant relationships connected to this organization totaling approximately $588K.

EIN: 421438113 WEST DES MOINES, IA Latest filing: 2025
Total Revenue$803K
Total Expenses$731K
Total Assets$2.5M
Grant Records20
Funding Total$588K
Filing Years2020–2025

Mission

FOUNDED IN 1995 AS THE PHILANTHROPIC ARM OF THE IOWA CREDIT UNION LEAGUE AND GUIDED BY THE CREDIT UNION PHILOSOPHY OF "PEOPLE HELPING PEOPLE", THE IOWA CREDIT UNION FOUNDATION (THE FOUNDATION) WORKS TO CHAMPION FINANCIAL WELL-BEING FOR ALL. THE FOUNDATION'S VISION IS TO BE A HUB FOR CREDIT UNION PHILANTHROPY.

Where $100 goes at Iowa Credit Union Foundation

How Iowa Credit Union Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$64 Programs the work itself
$21 Management running the organization
$15 Fundraising raising the next dollar

Inside the $64 for programs

$49
Investing in community research to understand the financial realities of iowans, funding grants to credit unions to support new technology, strategic planning, other services, and supporting funding of…
77% of program spending
$9
Scholarships
15% of program spending
$4
People helping people
5% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alejandro Alaniz
DIRECTOR Dave Cale
DIRECTOR Donna Dyer
EXECUTIVE DIRECTOR Jelena Babic Barnes
TREASURER Jennifer Naeve
DIRECTOR John Parks

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$517,079 17 grants
Health & Medicine
$65,700 2 grants
Public Safety & Disaster Relief
$5,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $803K $731K $2.5M
2024 $619K $569K $2.4M
2023 $495K $472K $2.2M
2022 $426K $427K $2.1M
2020 $2.5M $1.0M $2.1M

Between 2020 and 2025, reported annual revenue declined from $2.5M to $803K (-68%), with total assets most recently reported at $2.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for IOWA CREDIT UNION FOUNDATION

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