Firefighters Credit Union

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

EIN: 396050488 ✦ Onalaska, WI ✦ Designated as a 501(c)(14)

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Overview

What is Firefighters Credit Union?

Firefighters Credit Union is a community-focused, nonprofit organization, incorporated under Wisconsin State Law. Established with the mission of promoting thrift among its members, the credit union also serves as a reliable source of affordable credit. Located at 2700 Midwest Drive, Onalaska, Wisconsin, it boasts a membership base of 11,250 individuals. The credit union's purpose is to enhance the economic and social conditions of its members by offering competitive dividend rates on share, share draft, and certificate accounts. With 38 dedicated employees, Firefighters Credit Union works diligently to fulfill its mission, ensuring financial well-being for its members.


Official website here: www.myfirecu.org

Is Firefighters Credit Union legitimate?

Firefighters Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Firefighters 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: $551,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,095,555

For more financial information, click here


Official website here: www.myfirecu.org

What is the mission statement of Firefighters Credit Union?

Firefighters Credit Union, established under Wisconsin State Law, operates as a cooperative and nonprofit organization with a mission to foster savings among its members, offer affordable credit, and provide a platform for its members to enhance their economic and social well-being. The credit union aims to encourage responsible financial habits among its members and offers competitive dividend rates on various accounts, such as shares, share drafts, and certificates. The credit union's primary objective is to create a supportive environment that allows its members to improve their financial status and overall quality of life.


Official website here: www.myfirecu.org

Who is the CEO of Firefighters Credit Union?

Bruce Zmolek is the President of Firefighters Credit Union.


Official website here: www.myfirecu.org

What is the revenue of Firefighters Credit Union?

Firefighters Credit Union's revenue in 2022 was $4,695,385.


Official website here: www.myfirecu.org

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

The average compensation at Firefighters Credit Union during 2022 was $43,353. There are 38 employees at Firefighters Credit Union.


Here are 11 key members and their salaries:


Bruce E Zmolek (President)
  • Compensation: $178,472
  • Related: $0
  • Other: $23,925
Troy Arenz (Mortgage Loan Officer)
  • Compensation: $180,324
  • Related: $0
  • Other: $20,420
Amy S Fruit (Chief Financial Officer)
  • Compensation: $100,104
  • Related: $0
  • Other: $4,608
Connie Garbers (Director Of Compliance & Operations)
  • Compensation: $92,960
  • Related: $0
  • Other: $4,931
Michael Gazeley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anastasia Gentry (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Schatzley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Seubert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Szak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Koch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myfirecu.org

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

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


Official website here: www.myfirecu.org

Learn more at the official website: www.myfirecu.org

Mission Statement of Firefighters Credit Union

Firefighters Credit Union, established as a cooperative and nonprofit corporation under Wisconsin State Law, serves a unique purpose. Its primary mission is to foster savings among its members, creating a reliable and reasonably priced credit source. Additionally, the credit union aims to offer its members an opportunity to enhance their economic and social conditions. By encouraging thrift and providing affordable credit, Firefighters Credit Union plays a significant role in supporting its members' financial well-being.

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Impact




October, 2024

Firefighters Credit Union plays a vital role in the community of Onalaska, Wisconsin, by promoting financial well-being among its members. By encouraging savings and providing access to affordable credit, the credit union empowers individuals and families to enhance their economic conditions. With over 11,250 accounts, it offers competitive dividend rates on various savings options, including share, share draft, and certificate accounts. This not only helps members grow their savings but also fosters a culture of thrift and financial responsibility. By focusing on the needs of its members, Firefighters Credit Union contributes to improved social conditions and supports the overall economic health of the community.




This information is meant to be a general summary of Firefighters 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
$4,695,385 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$3,866,482 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
2011201220132014201520162017201820192020202120220%8%16%24%37%

Other financial information:

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

  • Investment Income: $130,367
  • Program Service Revenue: $4,565,018
  • Gross Receipts: $4,695,385

Assets and Liabilities:

  • Total Assets: $113,613,482
  • Total Liabilities: $96,507,926
  • Net Assets: $17,105,556

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Programs

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

Interest on Loans

Revenue

$3,602,407

Loan Origination Fees

Revenue

$413,326

Overdraft and Account Fees

Revenue

$74,414

Miscellaneous Fees

Revenue

$415,124

Sale of Insurance

Revenue

$25,219

Organization Details

Founding Year

1931

Principal Officer

Bruce Zmolek

Main Address

2707 Midwest Dr, Onalaska, WI, 54650

NTEE Category

Code: W60 - Public benefit

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