Corda Credit Union
Cedar Rapids, Iowa
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $35,995,167↑25% | $29,314,801↑29% | $667,141,652↑7% | |
| 2022 | $28,754,492↑9% | $22,785,155↑14% | $621,025,958↑9% | — |
| 2021 | $26,390,018↑3% | $20,048,004↓9% | $567,752,241↑10% | — |
| 2020 | $25,508,049↓2% | $21,964,113↓3% | $518,253,494↑11% | — |
| 2019 | $25,938,413↑8% | $22,702,203↑9% | $467,914,453↓2% | — |
| 2018 | $24,046,025↑10% | $20,792,546↑13% | $476,017,537↑7% | — |
| 2017 | $21,780,828↑11% | $18,414,805↑9% | $444,879,456↑8% | — |
| 2016 | $19,578,706↑6% | $16,952,459↑7% | $412,420,716↑13% | — |
| 2015 | $18,451,470↑6% | $15,879,135↑5% | $365,948,995↑8% | — |
| 2014 | $17,436,170↑4% | $15,103,127↑5% | $338,912,946↑9% | — |
| 2013 | $16,794,921↓1% | $14,371,130↑1% | $309,597,098↑7% | — |
| 2012 | $16,902,569 | $14,292,987 | $288,977,914 | — |
Frequently Asked Questions
What does Corda Credit Union do?▼
Corda Credit Union is a unclassified nonprofit organization based in Iowa. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Corda Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Corda Credit Union has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Corda Credit Union generate?▼
Corda Credit Union reports $44.2M in annual revenue and holds $686.6M in total assets, based on IRS filings.
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