Firefighters Community Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 340150243 ✦ Cleveland, OH ✦ Designated as a 501(c)(14)

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Overview

What is Firefighters Community Credit Union?

Firefighters Community Credit Union is a nonprofit financial institution based in Cleveland, Ohio, with an address at 2300 St. Clair Ave, ZIP code 44114. The credit union caters to a specific group of individuals and offers them lending, savings, and various financial services. Approximately 31,167 members hold about 54,189 deposit accounts with the union. The credit union distinguishes itself from other financial institutions by providing better terms and a dedicated service-based approach towards its members, recognizing their unique status as owners. The institution employs 123 individuals and aims to serve its community with financial solutions tailored to their needs.


Official website here: www.ffcommunity.com

Is Firefighters Community Credit Union legitimate?

Firefighters Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Firefighters Community Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $988,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,382,453

For more financial information, click here


Official website here: www.ffcommunity.com

What is the mission statement of Firefighters Community Credit Union?

Firefighters Community Credit Union is committed to offering its eligible members competitive financial services, including lending, savings, and others. This credit union sets itself apart by providing these offerings with a customer-focused approach that acknowledges the members' unique status as owners. Approximately 31,167 members hold around 54,189 deposit accounts with the credit union, and they receive dividends as a result of their membership.


Official website here: www.ffcommunity.com

Who is the CEO of Firefighters Community Credit Union?

Benjamin Laurendeau is the President/Ce of Firefighters Community Credit Union.


Official website here: www.ffcommunity.com

What is the revenue of Firefighters Community Credit Union?

Firefighters Community Credit Union's revenue in 2022 was $14,606,591.


Official website here: www.ffcommunity.com

Who are the executives of Firefighters Community Credit Union and what are their salaries?

The average compensation at Firefighters Community Credit Union during 2022 was $35,532. There are 123 employees and 11 volunteers at Firefighters Community Credit Union.


Here are 17 key members and their salaries:


Benjamin Laurendeau (President/Ce)
  • Compensation: $342,198
  • Related: $0
  • Other: $66,309
John Carrick (Cfo)
  • Compensation: $152,253
  • Related: $0
  • Other: $53,259
Kathy Riggs (Cro)
  • Compensation: $139,688
  • Related: $0
  • Other: $13,228
Paul Humphrey (Clo)
  • Compensation: $126,904
  • Related: $0
  • Other: $20,196
Alyssa Evanoff (Cmo)
  • Compensation: $124,153
  • Related: $0
  • Other: $12,105
Jessica Bittner (Coo)
  • Compensation: $102,847
  • Related: $0
  • Other: $9,657
Gary Aberznik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damian Borkowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Corrigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Deighton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mccullough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Missig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Polk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schwind (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ffcommunity.com

Where can I find the form 990 for Firefighters Community Credit Union?

Firefighters Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ffcommunity.com

Learn more at the official website: www.ffcommunity.com

Mission Statement of Firefighters Community Credit Union

Firefighters Community Credit Union, a member-owned financial institution, is dedicated to providing lending, savings, and other financial services to its qualifying members. This organization sets itself apart from the marketplace by offering more favorable terms and a service-oriented approach that recognizes the members as co-owners.

The credit union's mission is to extend financial assistance and resources to its eligible members. By prioritizing better interest rates and terms, the institution creates a sense of value and trust for its members. Moreover, the service-based emphasis fosters a strong sense of community and collaboration, further reinforcing the bond between the organization and its members.

In practice, Firefighters Community Credit Union has distributed dividends to about 31,167 members, with over 54,189 deposit accounts under their management. This figure underscores the significant impact of the institution on the lives of its members, demonstrating its commitment to delivering exceptional financial services.

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Impact




October, 2024

Firefighters Community Credit Union makes a significant impact by offering competitive lending, savings, and financial services tailored specifically for qualifying members, primarily dedicated to serving firefighters and their families. By focusing on a service-based approach, the credit union ensures that members are recognized not just as customers, but as owners of the institution.

With approximately 54,189 deposit accounts held by around 31,167 members, the credit union rewards its members with dividends, providing beneficial returns that are often superior to what is typically available in the marketplace. This commitment to better financial terms enhances the economic well-being of its members while fostering a strong sense of community in Cleveland, Ohio, by prioritizing their financial health and security.

Overall, Firefighters Community Credit Union plays a vital role in supporting its members with accessible financial services, promoting community welfare, and reinforcing a culture of mutual assistance and ownership among its members.




This information is meant to be a general summary of Firefighters Community Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,606,591 (2022)
Expenses
$12,761,956 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,095,054
  • Program Service Revenue: $13,511,537
  • Gross Receipts: $14,606,591

Assets and Liabilities:

  • Total Assets: $335,297,509
  • Total Liabilities: $308,233,515
  • Net Assets: $27,063,994

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$9,108,961

FEE INCOME

Revenue

$2,335,435

OTHER INCOME

Revenue

$2,017,497

VEHICLE SERVICE CONTRACTS

Revenue

$32,400

FEE INCOME

Revenue

$17,244

Organization Details

Founding Year

1936

Principal Officer

Benjamin Laurendeau

Main Address

2300 ST CLAIR AVE, CLEVELAND, OH, 44114

NTEE Category

Code: W60 - Public benefit

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