Community First Credit Union Of Florida

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

EIN: 590227113 ✦ Jacksonville, FL ✦ Designated as a 501(c)(14)

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Overview

What is Community First Credit Union Of Florida?

Community First Credit Union of Florida, located in Jacksonville, Florida, is a nonprofit financial institution with a mission to deliver top-quality financial solutions for every life stage. With a workforce of 490 employees, the organization thrives on the income derived from its membership and the investments of its members' funds. The provided services cater to a restricted membership. The essence of Community First Credit Union of Florida revolves around empowering its members with financial tools and resources for various stages of life.


Official website here: www.communityfirstfl.org

Is Community First Credit Union Of Florida legitimate?

Community First Credit Union Of Florida is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community First Credit Union Of Florida 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: $3,101,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,051,076

For more financial information, click here


Official website here: www.communityfirstfl.org

What is the mission statement of Community First Credit Union Of Florida?

Community First Credit Union of Florida is dedicated to delivering superior quality financial solutions for various life stages. The organization's mission is to provide these financial solutions to its membership base. The credit union generates income through its members' membership fees and the investment of their funds, which in turn enables the organization to offer its services. The financial solutions cater to diverse needs, ensuring that the credit union is an essential partner for its members throughout their lives.


Official website here: www.communityfirstfl.org

Who is the CEO of Community First Credit Union Of Florida?

John Hirabayashi is the Ceo/President of Community First Credit Union Of Florida. The CEO's salary of Community First Credit Union Of Florida is $888,583 and their total compensation is $946,014.


Official website here: www.communityfirstfl.org

What is the revenue of Community First Credit Union Of Florida?

Community First Credit Union Of Florida's revenue in 2022 was $116,884,048.


Official website here: www.communityfirstfl.org

Who are the executives of Community First Credit Union Of Florida and what are their salaries?

The average compensation at Community First Credit Union Of Florida during 2022 was $45,209. There are 490 employees and 13 volunteers at Community First Credit Union Of Florida.


Here are 21 key members and their salaries (Community First Credit Union Of Florida's CEO's salary is $888,583 and their total compensation is $946,014):


Malinda Prudencio (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Permenter (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Willich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bettie Adams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chantelle Schart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Doueck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Farah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Simmons-Hutchins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elvia Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hirabayashi (Ceo/President)
  • Compensation: $888,583
  • Related: $0
  • Other: $57,431
Sam Inman (Cfo)
  • Compensation: $653,760
  • Related: $0
  • Other: $75,217
Tim Simpson (Chief Information Officer)
  • Compensation: $268,340
  • Related: $0
  • Other: $67,695
Roger Rassman (Chief Marketing Officer)
  • Compensation: $250,481
  • Related: $0
  • Other: $33,426
Jimmy Lovelace (Senior Vice President)
  • Compensation: $296,798
  • Related: $0
  • Other: $28,779
Lori Smith (Svp Human Resources)
  • Compensation: $213,267
  • Related: $0
  • Other: $17,120
Ryan Olson (Svp Lending)
  • Compensation: $197,545
  • Related: $0
  • Other: $52,819
Mark Fitzmorris (Financial Advisor)
  • Compensation: $477,724
  • Related: $0
  • Other: $77,444
Mike Franz (Vice President Accounting And Finance)
  • Compensation: $192,438
  • Related: $0
  • Other: $37,597
John Keeley Jr (Commercial Lending Officer)
  • Compensation: $206,969
  • Related: $0
  • Other: $22,426
Melissa Thomas (Senior Vice President)
  • Compensation: $179,812
  • Related: $0
  • Other: $21,221
Chris Culpepper (Vice President)
  • Compensation: $178,621
  • Related: $0
  • Other: $54,860


Official website here: www.communityfirstfl.org

Where can I find the form 990 for Community First Credit Union Of Florida?

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


Official website here: www.communityfirstfl.org

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

Mission Statement of Community First Credit Union Of Florida

Community First Credit Union of Florida is committed to delivering top-notch financial solutions tailored to every phase of life. With a mission rooted in quality, this credit union strives to meet the diverse financial needs of its members effectively.

The financial institution derives the means to function and serve its restricted membership from the income generated through credit union membership and the prudent investment of members' funds. By focusing on providing financial solutions at every life stage, Community First Credit Union of Florida sets itself apart, ensuring its members have access to the resources they need to manage their finances successfully.

In essence, this credit union serves as a reliable partner for individuals throughout their financial journey, offering a range of financial services to help members make informed decisions and achieve their financial goals. Community First Credit Union of Florida's mission is not only about providing financial solutions but also about building long-term relationships with its members, ensuring they have access to the necessary financial tools and resources to thrive.

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Impact




October, 2024

Community First Credit Union of Florida plays a crucial role in enhancing financial well-being within the Jacksonville community. By offering tailored financial solutions for every stage of life, the credit union addresses the diverse needs of its members, ensuring access to relevant and meaningful services. This commitment is sustained through the income generated from membership and the prudent investment of members' funds.

The organization prioritizes quality in its offerings, which not only aids individual members but also strengthens the overall financial health of the community. By focusing on public benefit, Community First fosters an environment where members can thrive financially, leading to improved economic stability and empowerment among its clientele. The credit union's mission underscores its dedication to providing comprehensive financial support, making a positive impact on the lives of those it serves.




This information is meant to be a general summary of Community First Credit Union Of Florida. 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
$116,884,048 (2022)
Expenses
$83,054,241 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,649,514
  • Program Service Revenue: $111,507,977
  • Gross Receipts: $117,027,495

Assets and Liabilities:

  • Total Assets: $2,539,695,763
  • Total Liabilities: $2,274,429,270
  • Net Assets: $265,266,493

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Programs

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

LOAN INTEREST

Revenue

$72,449,641

OTHER OPERATING INCOME

Revenue

$25,973,492

FEES AND CHARGES

Revenue

$13,084,844

Organization Details

Founding Year

1935

Principal Officer

John Hirabayashi

Main Address

637 NORTH LEE STREET, JACKSONVILLE, FL, 32204

NTEE Category

Code: W60 - Public benefit

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