Z — UnclassifiedEIN: 420173285

Corda Credit Union

Cedar Rapids, Iowa

B+Health Score
70B+

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)

This Org2.23×
Peer Median5.86×
💰
$36.0M
Total Revenue
📊
$29.3M
Total Expenses
🏦
$65.5M
Net Assets
📋
$601.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+25.2%
Year-over-year change (2022 → 2023)
Net Margin
+18.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.23
Net assets divided by total expenses
Liabilities-to-Assets
90.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
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.

Similar Organizations

Explore more organizations in the Unclassified category, or browse all nonprofits in Iowa.