Icon Credit Union: Nonprofit Profile, Financials & Form 990 (EIN 82-0209467)

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

14 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation

Connie Miller

President/CEO (until 7/31/20)

$259,274Pt VII · Sec A

John Neil - Mortgage

Loan Officer (until 7/31/20)

$200,405Pt VII · Sec A

Dee Carter - Mortgage

Sales Manager (until 7/31/20)

$197,083Pt VII · Sec A

Justin Risner - Mortgage

Loan Officer (until 7/31/20)

$191,339Pt VII · Sec A

Robert Dumas - Mortgage

Loan Officer (until 7/31/20)

$122,821Pt VII · Sec A

Terri Lacoy - Accounting

Supervisor (until 7/31/20)

$55,403Pt VII · Sec A

Jeff Vogt

CFO (until 2/28/20)

$54,491Pt VII · Sec A

Ted Moore

Board Member (until 7/31/20)

$0Pt VII · Sec A

See Icon Credit Union executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers financial services at competitive rates to improve members' financial health.

Questions for Icon Credit Union

Tap to ask. Icon Credit Union sees how many people are interested.

Your first name shows with your question. Icon Credit Union answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · in their own filed words · FY2020

01

Deposit Services

The Credit Union provides a wide array of deposit services including checking, savings, money market, CDs, and IRAs. We Service 29,248 members with savings and deposit service needs. The account balances are $318,929,616

Pt IX · col B

02

Loan Services

The Credit Union provides a variety of loan products to satisfy the member's needs including mortgages, consumer loans, credit cards and small business loans. The Credit Union services 21,432 loans totaling $304,092,872.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$12.1M

Ln 12

Fees for servicesLn 2g$11.9M

Investment incomeLn 3$163K

Money outPt IX

$10.9M

Ln 25

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

14

listed · VII A

PaidVII A7

Voting boardVI 1a7

IndependentVI 1b7

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$11.9M

Investment incomeLn 3$163K

Gains on assetsLn 7−$19K

Total revenueLn 12$12.1M

Assets in detailPt X, end of year

CashLn 1$0

SavingsLn 2$0

InvestmentsLn 11–13$0

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$0

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 5136

VolunteersI 610

Fiscal year endsHeaderJuly

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$1.5M	$0
InvestmentsLn 11–13	$40.3M	$0
Land, buildings, equipmentLn 10c	$11.2M	$0
Total assetsLn 16	$342.1M	$0
LiabilitiesLn 26	$301.1M	$0
Net assetsLn 32	$41.0M	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$390K
Other salaries and wagesLn 7	$3.2M
Pension plan contributionsLn 8	$189K
Other employee benefitsLn 9	$713K
Payroll taxesLn 10	$265K
Other fees for servicesLn 11g	$299K
Advertising and promotionLn 12	$190K
Office expensesLn 13	$1.0M
Information technologyLn 14	$345K
OccupancyLn 16	$164K
Conferences, conventions and meetingsLn 19	$54K
InterestLn 20	$20K
Depreciation, depletion and amortizationLn 22	$382K
InsuranceLn 23	$47K
Other expenses (24a–d)Ln 24	$3.5M
All other expensesLn 24e	$31K
Total functional expensesLn 25	$10.9M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2020 Latest Viewing	$12.1M	$10.9M	$1.2M	$0	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2020 990 (6 parts)

Part I · Summary $12,093,387 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $18,061,131$11,930,771

I-10 Investment incomePrior year $652,654$162,616

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $18,713,785$12,093,387

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $6,582,899$4,797,754

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $8,777,217$6,093,301

I-18 Total expensesPrior year $15,360,116$10,891,055

I-19 Revenue less expensesPrior year $3,353,669$1,202,332

Part VI · Governance 7 of 7 board members independent, no flags

VI-1a Voting members of the governing body7

VI-1b Independent voting members7

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $12,093,387 across 4 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,888,955 · Unrelated business $41,816$11,930,771

VIII-3 Investment incomeExcluded from tax $181,564$181,564

VIII-7 Net gain or loss on sales of assetsExcluded from tax −$18,948−$18,948

VIII-12 Total revenueRelated to mission $11,888,955 · Unrelated business $41,816 · Excluded from tax $162,616$12,093,387

Part IX · Statement of functional expenses $10,891,055 across 16 lines filed

IX-5 Pay of current officers, directors and key staff$389,860

IX-7 Other salaries and wages$3,241,196

IX-8 Pension plan contributions$189,320

IX-9 Other employee benefits$712,685

IX-10 Payroll taxes$264,693

IX-11g Other fees for services$299,093

IX-12 Advertising and promotion$189,561

IX-13 Office expenses$1,048,956

IX-14 Information technology$344,505

IX-16 Occupancy$163,531

IX-19 Conferences, conventions and meetings$54,193

IX-20 Interest$19,796

IX-22 Depreciation, depletion and amortization$381,709

IX-23 Insurance$47,254

IX-24 Other expenses (24a–d)$3,513,983

IX-24e All other expenses$30,720

IX-25 Total functional expenses$10,891,055

Part X · Balance sheet $0 assets, 19 lines filed

X-1 Cash, non-interest-bearingStart of year $1,518,788$0

X-2 Savings and temporary cash investmentsStart of year $5,051$0

X-3 Pledges and grants receivable$0

X-4 Accounts receivableStart of year $1,653,068$0

X-8 Inventories for sale or use$0

X-9 Prepaid expenses and deferred chargesStart of year $2,425,131$0

X-10c Land, buildings and equipment, netStart of year $11,239,997$0

X-11 Publicly traded securities$0

X-12 Other securities$0

X-13 Program-related investmentsStart of year $40,277,546$0

X-14 Intangible assets$0

X-15 Other assetsStart of year $8,981,790$0

X-16 Total assetsStart of year $342,084,186$0

X-17 Accounts payable and accrued expensesStart of year $3,001,182$0

X-18 Grants payableStart of year $12,283$0

X-25 Other liabilitiesStart of year $292,879,699$0

X-26 Total liabilitiesStart of year $301,101,464$0

X-32 Total net assets or fund balancesStart of year $40,982,722$0

X-33 Total liabilities and net assetsStart of year $342,084,186$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$12,093,387

XI-2 Total expenses$10,891,055

XI-3 Revenue less expenses$1,202,332

XI-4 Net assets at start of year$40,982,722

XI-9 Other changes in net assets−$42,185,054

XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Icon Credit Union

Before you give

Is it real?

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Icon Credit Union

Deposit Services

Loan Services

By the numbers

Filing history

Schedules filed Part IV