GreenState Credit Union
GreenState Credit Union is based in North Liberty, Iowa, and its filing type is a public charity. Founded in 1938, it provides member-focused financial services and says its mission is to strengthen the financial well-being of its members and communities. Its community giving includes grants to local organizations and schools, with stated philanthropic priorities including financial education, affordable housing, and children’s health.
GreenState Credit Union at a glance
In short: GreenState Credit Union gave $2.1M across 128 grants in 2025 (avg $16K), mostly in Iowa. 26% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,086,100
- -31.8% vs 2024
- Grants made (2025)
- 128
- -21.0% vs 2024
- Average grant
- $16,298
- -13.7% vs 2024
- Median grant
- $8,167
- Total assets
- $11,160,440,113
- +5.0% vs 2024
- New grantees (estimate)
- 26% first-time grantees (30 of 115, 2025)
- Primary geography
- Iowa (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to GreenState Credit Union
- How to Apply
-
Grant recipients apply through GreenState’s website.
- Contact
Mailing address: 2355 Landon Road, North Liberty, IA 52317-0800
Phone: (319) 339-1000
Website: https://greenstate.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
3 open opportunities from GreenState Credit Union
Give & Grow School Match Program
GreenState Credit Union
Amount
Up to $500 per household
Deadline
Deadline not published
GreenState Community Funding/Donations
GreenState Credit Union
Amount
Up to $10,000 (larger requests of $10,000+ require Form 990)
Deadline
Deadline not published
GreenState Credit Union Funding Grant
GreenState Credit Union
Amount
Varies
Deadline
Deadline not published
Who GreenState Credit Union funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Greenstate Foundation ($600K). Together the top 10 received $987K.
Organizations only. It also paid 1 grant to individuals ($25,000), which are not listed by name.
Grant Size Distribution
677 grants across all recorded years
The most common grant size was under $50K: 662 grants of 677 (98%).
Geographic Focus
Where this funder awards grants
In 2025, 90% of grant dollars went to recipients in Iowa, 9% to Illinois, and 1% to Nebraska. The Give & Grow School Match Program is for school foundations in markets where GreenState has branch locations in Iowa, Illinois, and Nebraska.
Grant Distribution by State
Share of 2025 grant dollars across all 128 itemized grants.
Cities
Is GreenState Credit Union open to new grantees?
26%
first-time grantees, 2025
In 2025, 30 of 115 grantees (26%) were first-time recipients. First grants averaged $8K; repeat grants $22K. How we count
Medians: $5K first-time, $10K repeat.
- 66% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−18%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.6M (2021) to $3.4M (2023). In 2025 it made 128 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greenstate Foundation North Liberty, IA | 2025 Annual Contribution | $600,000 |
| Iowa City Community School District Foundation Iowa City, IA | School of the Wild | $83,333 |
| Junior Achievement of Eastern Iowa Cedar Rapids, IA | 3DE Founding Partner | $51,350 |
| Summer of the Arts Inc Iowa City, IA | Iowa City Jazz Festival | $32,000 |
| Iowa Childrens Museum Coralville, IA | Program and Exhibit Support for The ICM 2024-2026 | $31,500 |
| West Des Moines Parks & Recreation West Des Moines, IA | MidAmerican RecPlex Field Sponsor | $30,000 |
| State University of Iowa Foundation Iowa City, IA | Carver Circle campaign - Iowa Wrestling training facility | $30,000 |
| Community Foundation of Johnson Iowa City, IA | Pledge Payment 1/4 - Johnson County Childcare Solutions Fund | $25,000 |
| Paramount Arts Centre Inc Aurora, IL | Paramount School of the Arts Performance Camp | $25,000 |
| 1 grant to individuals Recipients not named | — | $25,000 |
Ready to take the next step with GreenState Credit Union?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $11,160,440,113 | $628,604,682 | $636,489,367 | $2,086,100 | 128 | $42,758,122 |
| 2024 | $10,631,477,748 | $614,727,208 | $594,501,781 | $3,060,091 | 162 | $69,401,174 |
| 2023 | $11,331,220,069 | $577,564,645 | $662,235,089 | $3,382,882 | 157 | $40,022,155 |
| 2022 | $11,278,583,077 | $499,617,400 | $457,912,805 | $2,536,787 | 131 | $13,735,708 |
| 2021 | $9,006,590,517 | $418,753,010 | $219,645,803 | $1,590,539 | 99 | $4,142,292 |
| 2020 | $7,112,600,980 | $362,484,710 | $251,717,775 | $1,605,291 | 101 | $-5,956,367 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
GreenState’s stated mission is to create lasting value by strengthening the financial well-being of its members and communities. Its funding materials identify financial education and economic empowerment, children’s health, affordable housing and homeownership, and underserved communities as areas of focus. The GreenState Foundation describes its work as investing in financial education, housing, and children’s health.
Grantees’ stated missions illustrate the kinds of organizations supported. The Foundation for the Iowa City Community School District says it connects the community with schools to help ensure extraordinary learning experiences for students. Junior Achievement of Eastern Iowa says it helps young people pursue economic success through partnerships with businesses and educators. Summer of the Arts says it builds community through free arts and cultural programming, while the Iowa Children’s Museum says it inspires children through play. Other listed grantees include organizations whose stated missions concern health, economic growth, and community events.
Grantmaking
In filing year 2025, GreenState reported 128 grants totaling $2,086,100. Awards ranged from $5,000 to $600,000, with a median grant of $8,166. The largest listed award was $600,000 to GreenState Foundation for its 2025 annual contribution. Other notable grants included $83,333 to the Iowa City Community School District Foundation for School of the Wild; $51,350 to Junior Achievement of Eastern Iowa for a 3DE founding partnership; $32,000 to Summer of the Arts for the Iowa City Jazz Festival; and $31,500 to the Iowa Children’s Museum for program and exhibit support.
GreenState’s 2024 giving report says it contributed $3.9 million to the local community and supported more than 620 charitable events and programs that year. That reported community contribution is distinct from the $3,060,091 grant sum in its 2024 filing.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Fred Mims as board chairperson, Lynsey Engels as vice chairperson, Drew Denning as treasurer, and Laurel Day as secretary. Other listed board members are Mark Rolinger, MJ Dolan, Kevin Kieth, Richard Noble, and Tiffany O’Donnell. Christopher Pech is listed as chief legal officer.
GreenState Credit Union is led by Vikram Israni, Chief Executive Officer on every filing since 2024; all 24 officers listed in 2025 are compensated.
Officers on the 2025 filing
Vikram Israni
Chief Executive Officer
On filings since 2024
50 hrs/week
$699K (2024) → $1.5M (2025)
Fred Mims
Bod - Chairperson
Chairperson → Bod - Chairperson, 2023
On filings since 2020
16 hrs/week
$10K (2023) → $23K (2025)
Mark Rolinger
Bod - Credit Committee Chairperson
Board Member → Credit Committee Chair, 2021
Credit Committee Chair → Bod - Credit Committee Chairperson, 2023
On filings since 2020
3 hrs/week
$8K (2023) → $25K (2025)
MJ Dolan
Bod - Audit Risk Managment Committee Chairperson
Governance Committee Chair → Bod - Governance Committee Chiarperson, 2023
Bod - Governance Committee Chiarperson → Bod - Audit Risk Managment Committee Chairperson, 2024
On filings since 2020
3 hrs/week
$4K (2023) → $21K (2025)
Tiffany O'Donnell
Bod - Director
Director → Bod - Director, 2023
On filings since 2021
3 hrs/week
$18K (2024) → $18K (2025)
Drew Denning
Bod - Treasurer
Director → Bod - CFO, 2022
Bod - CFO → Bod - Treasurer, 2024
On filings since 2020
6 hrs/week
$2K (2023) → $18K (2025)
James F. Kelly
Chief Marketing Officer
Chief Marketing Officer → Chief Growth Officer, 2024
Chief Growth Officer → Chief Marketing Officer, 2025
On filings since 2020
50 hrs/week
$354K (2020) → $444K (2025)
Laurel Day
Bod - Secretary
Secretary → Bod - Secretary, 2023
On filings since 2020
3 hrs/week
$4K (2023) → $21K (2025)
Lynsey Engels
Bod - Vice Chariperson
Nominating Subcommittee Chair → Director, 2022
Director → Bod - Vice Chariperson, 2023
On filings since 2020
11 hrs/week
$20K (2024) → $18K (2025)
Peter D. Johnson
Vice President & Mortgage Loan Officer
Mortgage Loan Officer → Vice President & Mortgage Loan Officer, 2023
On filings since 2020
50 hrs/week
$912K (2020) → $700K (2025)
Scott R. Langenberg
Vice President & Mortgage Loan Officer
Mortgage Loan Officer → Vice President & Mortgage Loan Officer, 2024
On filings since 2020
50 hrs/week
$646K (2020) → $661K (2025)
Ryan M. Doehrmann
Chief Lending Officer
Chief Mortgage Officer → Chief Consumer Officer, 2024
Chief Consumer Officer → Chief Lending Officer, 2025
On filings since 2021
50 hrs/week
$301K (2021) → $418K (2025)
Samantha R. McSorley
Chief Operating Officer
Chief Commerical Officer → Chief Commerical & Wealth Officer, 2024
Chief Commerical & Wealth Officer → Chief Operating Officer, 2025
On filings since 2021
50 hrs/week
$440K (2021) → $451K (2025)
Daryn Peterson
Vice President & Mortgage Lending
On filings since 2023
50 hrs/week
$1M (2023) → $938K (2025)
Eric Norman
Senior Vice President & Mortgage Lending
Vice President & Mortgage Lending → Senior Vice President & Mortgage Lending, 2025
On filings since 2023
50 hrs/week
$671K (2023) → $810K (2025)
Heather Stumpf
Chief Financial Officer
Interim CFO → Chief Financial Officer, 2024
On filings since 2023
50 hrs/week
$275K (2023) → $391K (2025)
Scott Taylor
Chief Information Officer
Interim Chief Information Technology → Chief Information Officer, 2024
On filings since 2023
50 hrs/week
$279K (2023) → $446K (2025)
Aaron Kowalski
Vice President & Mortgage Loan Officer
On filings since 2024
50 hrs/week
$559K (2024) → $651K (2025)
Christopher Pech
Chief Legal Officer
On filings since 2024
50 hrs/week
$321K (2024) → $395K (2025)
Jennifer Bleil
Chief Administrative Officer
Chief People Officer → Chief Administrative Officer, 2025
On filings since 2024
50 hrs/week
$193K (2024) → $396K (2025)
Kevin Kieth
Board of Directors
On filings since 2024
3 hrs/week
$7K (2024) → $20K (2025)
Richard Noble
Board of Directors
On filings since 2024
3 hrs/week
$19K (2024) → $22K (2025)
Katherine Courtney Left
Chief Experience & Operating Officer
New on the 2025 filing
50 hrs/week
$1.1M (2025)
Ryan Gage
Chief Risk Officer
New on the 2025 filing
50 hrs/week
$393K (2025)
Former officers (19)
- Former: Katherine B. Courtney (2020–2024) — Chief Experience & Operating Officer
- Former: Todd Fanning Left (2024) — Interim CEO
- Former: Amy K. Henderson (2020–2023) — Chief Consumer Service Officer
- Former: Andre Perry (2020–2023) — Director
- Former: Dave Wright (2020–2023) — Bod - Director
- Former: Felisha A. Junge (2020–2023) — Vice President & Mortgage Loan Officer
- Former: Jeffrey A. Disterhoft (2020–2023) — President & CEO
- Former: Loras Neuroth (2020–2023) — Committee Chairperson
- Former: Marc Moen (2020–2023) — Bod - Director
- Former: Marsha L. Wolff (2020–2023) — Chief Hr & Information Officer
- Former: Todd D. Fanning (2020–2023) — Interim CEO & CFO
- Former: Tyler Knudsvig (2023) — Commercial Services Loan Officer Vice President
- Former: Michael R. Ward (2020–2022) — Mortgage Loan Officer
- Former: Laura R. Meeker (2022) — Senior Vice President & Regional Retail Manager
- Former: Barry Boyer (2020–2021) — Director
- Former: Matthew E. Frascht (2020–2021) — Mortgage Loan Officer
- Former: Eldean Borg (2020) — Former Vice Chairperson
- Former: Sarah Fisher-Gardial (2020) — Former Chairperson
- Former: Scott A. Wilson (2020) — Executive Vice President Commercial
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1.5M, to Vikram Israni (Chief Executive Officer). 24 officers or directors reported compensation on that filing.
Frequently asked questions about GreenState Credit Union
How much does GreenState Credit Union give each year?
GreenState Credit Union gave $2.1M across 128 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.1M across 162 grants.
What is GreenState Credit Union's typical grant size?
GreenState Credit Union's median grant in 2025 was $8,167, and its average grant was $16,298, across 128 grants on its 2025 IRS Form 990. Organizations receiving their first grant from GreenState Credit Union that year got $8K on average.
Where does GreenState Credit Union give grants?
GreenState Credit Union gives mostly in Iowa: 90% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Illinois (9%). The most frequent recipient cities were Cedar Rapids, IA (21 grants), Iowa City, IA (17 grants), Des Moines, IA (13 grants) and Coralville, IA (7 grants).
Does GreenState Credit Union give general operating support?
Occasionally: 2% of GreenState Credit Union's 2025 grants with a stated purpose (2 of 128) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "2025 Give & Grow School Match" (4 grants) and "Food Insecurity" (3 grants).
Who are GreenState Credit Union's largest grantees?
GreenState Credit Union's largest 2025 grantees include Greenstate Foundation ($600,000), Iowa City Community School District Foundation ($90,833 across 2 grants) and Junior Achievement of Eastern Iowa ($56,350 across 2 grants), according to its 2025 IRS Form 990. It also paid 1 grant to individuals ($25,000), which are not listed by name. Together they received 36% of its itemized 2025 grant dollars.
How large is GreenState Credit Union?
GreenState Credit Union reported $11.2B in total assets on its 2025 IRS Form 990. Its revenue that year was $628.6M.
What does GreenState Credit Union fund?
GreenState’s stated mission is to create lasting value by strengthening the financial well-being of its members and communities. See mission & focus areas ↑
How do I apply for a grant from GreenState Credit Union?
Grant recipients apply through GreenState’s website. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is GreenState Credit Union's EIN?
GreenState Credit Union's EIN (Employer Identification Number) is 42-0804594. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 30, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in GreenState Credit Union's focus areas in our free grants database
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Cite this profile
Grantable. (2026). GreenState Credit Union funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/greenstate-credit-union-morg_b81bc4086b994ddea43b30f5d083eecb
BibTeX
@misc{grantable_420804594_2026,
author = {{Grantable}},
title = {{GreenState Credit Union funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/greenstate-credit-union-morg_b81bc4086b994ddea43b30f5d083eecb},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from GreenState Credit Union's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
GreenState Credit Union down — hundreds of funders to go?