Frsa Credit Union

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

EIN: 591612921 ✦ Orlando, FL ✦ Designated as a 501(c)(14)

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Overview

What is Frsa Credit Union?

Frsa Credit Union is a nonprofit organization situated in Orlando, Florida. With a modest workforce of four individuals, it provides personal financial services exclusively to its members. The credit union stands out by offering competitive rates on loans and investments, as well as various other financial products and services. The main focus of Frsa Credit Union is to cater to the financial needs of its members, ensuring they have access to reliable and advantageous financial solutions.


Official website here: www.frsacu.org

Is Frsa Credit Union legitimate?

Frsa Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Frsa 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: $47,728
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,241

For more financial information, click here


Official website here: www.frsacu.org

What is the mission statement of Frsa Credit Union?

Frsa Credit Union's mission revolves around providing a range of personal financial services exclusively to its members. This mission is characterized by offering competitive rates on loans and investments, as well as various other financial products and services. The primary goal is to cater to the financial needs of its members effectively, ensuring they benefit from these offerings. By doing so, Frsa Credit Union aims to strengthen its member-focused approach, contributing positively to their financial well-being.


Official website here: www.frsacu.org

Who is the CEO of Frsa Credit Union?

Marissa Tatum is the Director of Frsa Credit Union. The CEO's salary of Frsa Credit Union is $47,728 and their total compensation is $47,728.


Official website here: www.frsacu.org

What is the revenue of Frsa Credit Union?

Frsa Credit Union's revenue in 2022 was $265,064.


Official website here: www.frsacu.org

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

The average compensation at Frsa Credit Union during 2022 was $25,242. There are 4 employees and 10 volunteers at Frsa Credit Union.


Here are 8 key members and their salaries (Frsa Credit Union's CEO's salary is $47,728 and their total compensation is $47,728):


Kristen Schettino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Tomlinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Ebersold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adel Tennyson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Criswell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marissa Tatum (Ceo)
  • Compensation: $47,728
  • Related: $0
  • Other: $0


Official website here: www.frsacu.org

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

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


Official website here: www.frsacu.org

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

Mission Statement of Frsa Credit Union

Frsa Credit Union, as a credit union, is dedicated to providing a broad array of personal financial services exclusively to its members. Their mission is centered around offering competitive rates on loans and investments, along with various other financial products and services. By doing so, Frsa Credit Union aims to cater to the financial needs of its members in a comprehensive manner. This approach ensures that its members can benefit from flexible and affordable financial solutions, thereby enabling them to manage their finances effectively.

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Impact




October, 2024

Frsa Credit Union plays a significant role in enhancing the financial well-being of its members in Orlando, Florida. By offering a wide variety of personal financial services exclusively tailored for its members, the credit union ensures that individuals have access to competitive rates on loans and investments. This focus on member-centric services not only supports personal financial growth but also fosters a sense of community and shared success among its members.

Through its programs, Frsa Credit Union promotes responsible financial practices and empowers individuals to make informed financial decisions. This impact is reflected in the overall economic health of the community, as members benefit from accessible financial products that cater to their unique needs. Additionally, the emphasis on public benefit reinforces the credit union's commitment to serving its members and contributing positively to the broader Orlando area.




This information is meant to be a general summary of Frsa 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
$265,064 (2022)
Expenses
$263,432 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,294
  • Program Service Revenue: $250,603
  • Gross Receipts: $265,064

Assets and Liabilities:

  • Total Assets: $6,053,794
  • Total Liabilities: $5,523,370
  • Net Assets: $530,424

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Programs

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

LOAN INCOME

Revenue

$228,804

FEE INCOME

Revenue

$14,471

CARD INCOME

Revenue

$6,743

INSURANCE INCOME

Revenue

$585

Organization Details

Founding Year

1975

Principal Officer

Marissa Tatum

Main Address

3855 N ECONLOCKHATCHEE TRAIL Ste SU, ORLANDO, FL, 32793

NTEE Category

Code: W60 - Public benefit

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