Firstmark Credit Union Foundation

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

EIN: 842953607 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Firstmark Credit Union Foundation?

Firstmark Credit Union Foundation is a nonprofit organization based in San Antonio, Texas. Committed to improving academic outcomes for children from low-income families, the foundation offers various programs and services. Recognizing the correlation between poor academic performance and factors like poor health and nutrition, housing insecurity, and unsafe neighborhoods, the foundation engages in initiatives combating these challenges. These include health and wellness programs, academic enrichment, community improvement projects, and the provision of affordable housing to eligible families at reduced costs. The foundation's mission encompasses furthering education, teacher training, family health and stability, youth development, and community sustainability.


Official website here: www.firstmarkcu.org/foundation

Is Firstmark Credit Union Foundation legitimate?

Firstmark Credit Union Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Firstmark Credit Union Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.firstmarkcu.org/foundation

What is the mission statement of Firstmark Credit Union Foundation?

The Firstmark Credit Union Foundation's mission is centered around promoting various initiatives for the betterment of the community. Its objectives include furthering education, teacher training and development, health and wellness, family health and stability, youth development, and community sustainability. To achieve these goals, the foundation operates programs aimed at enhancing academic outcomes, particularly for children from low-income families. Recognizing the correlation between poor academic performance and factors such as health, nutrition, housing insecurity, and unsafe neighborhoods, the foundation may directly operate programs to combat these risks. These can include health and wellness programs, academic enrichment initiatives, community improvement projects, and the provision of affordable housing for low-income families at reduced costs. All services are provided free of charge.


Official website here: www.firstmarkcu.org/foundation

Who is the CEO of Firstmark Credit Union Foundation?

Nathanael Tarwasokono is the Dir./Secreta of Firstmark Credit Union Foundation.


Official website here: www.firstmarkcu.org/foundation

What is the revenue of Firstmark Credit Union Foundation?

Firstmark Credit Union Foundation's revenue in 2022 was $287,489.


Official website here: www.firstmarkcu.org/foundation

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


Here are 6 key members and their salaries:


Michelle Akers (Dir./Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Grundon (Dir./Vice Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisa Perez-Diaz (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathanael Tarwasokono (Dir. Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Teran (Dir./Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Thorne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firstmarkcu.org/foundation

Where can I find the form 990 for Firstmark Credit Union Foundation?

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


Official website here: www.firstmarkcu.org/foundation

Learn more at the official website: www.firstmarkcu.org/foundation

Mission Statement of Firstmark Credit Union Foundation

The Firstmark Credit Union Foundation, as a philanthropic entity, is committed to advancing various sectors with a focus on education, teacher training and development, health and wellness, family health and stability, youth development, and community sustainability. The organization's mission is multifaceted, aiming to enhance these areas in its capacity to better the lives of the communities it serves.

In the realm of education, the foundation is dedicated to improving academic outcomes, particularly for children from low-income families. Recognizing the close link between poor academic performance and factors such as health, nutrition, housing insecurity, and unsafe neighborhoods, the foundation may initiate programs that directly combat these challenges. These projects could range from health and wellness programs to academic enrichment initiatives, community improvement projects, and the provision of affordable housing to low-income families at reduced costs.

Notably, all of the foundation's services are offered at no cost to the recipients. This ensures that the resources and opportunities it provides are accessible to those who need them most, thereby contributing to the overall well-being and prosperity of the communities it serves. As such, the Firstmark Credit Union Foundation plays a vital role in fostering growth and development in various aspects of life, ultimately promoting a sustainable and supportive environment for its beneficiaries.

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Impact




October, 2024

Firstmark Credit Union Foundation significantly enhances the quality of life in San Antonio through targeted initiatives aimed at education, health, and community sustainability. By focusing on teacher training and development, the Foundation equips educators with the skills necessary to foster effective learning environments, particularly for children from low-income families.

In addition, its commitment to health and wellness extends to family health stability, ensuring that the holistic needs of the community are addressed. Youth development programs provided by the Foundation create pathways for young individuals, empowering them to achieve academic success and broader life skills essential for their future.

Through these multifaceted programs, the Foundation directly contributes to improved academic outcomes, instilling hope and opportunity within the communities it serves. Consequently, Firstmark Credit Union Foundation plays a vital role in building a more sustainable and prosperous future for families in San Antonio, nurturing a generation that can thrive despite economic challenges.




This information is meant to be a general summary of Firstmark Credit Union Foundation. 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
$287,489 (2022)
Expenses
$104,886 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $205
  • Gross Receipts: $287,489

Assets and Liabilities:

  • Total Assets: $195,333
  • Total Liabilities: $0
  • Net Assets: $195,333

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Organization Details

Founding Year

2019

Principal Officer

Nathanael Tarwasokono

Main Address

2023 GOLD CANYON DRIVE, SAN ANTONIO, TX, 782321703

NTEE Category

Code: T30 - Philanthropy

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