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Firefighters Credit Union

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

EIN: 870172462 ✦ Salt lake city, UT ✦ Designated as a 501(c)(14)

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Overview

What is Firefighters Credit Union?

Firefighters Credit Union is a nonprofit organization situated in Salt Lake City, Utah. Its primary objective is to promote savings among its members, create accessible credit opportunities at reasonable rates, and offer a democratic platform for members to manage and utilize their resources effectively, thereby enhancing their economic and social conditions. With a small workforce of nine individuals, the credit union serves its members by providing financial assistance and fostering financial responsibility.


Official website here: www.firefighterscu.com

What do the Facebook reviews say about Firefighters Credit Union?

96% of 10 reviewers on Facebook recommend Firefighters Credit Union. Here is a summary of their reviews:

Customers often express their appreciation for the friendly and supportive staff, highlighting the positive interactions they have while working with the credit union. Many commend the excellent rates offered, which enhance the overall banking experience. Additionally, the sense of community among members is frequently noted, contributing to a welcoming atmosphere.

Overall, the sentiment is highly favorable, with many praising the organization for its member-focused approach and dedication to providing exceptional service. It appears that Firefighters Credit Union successfully meets the needs of its members while fostering a strong sense of community.


This AI summary has been generated from reviews found on Facebook.

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: $274,536
Professional Fundraising Fees: $0
Other Salaries and Wages: $500,307

For more financial information, click here


Official website here: www.firefighterscu.com

What is the mission statement of Firefighters Credit Union?

Firefighters Credit Union's mission is centered around promoting savings among its members and providing them with accessible and reasonably priced loans. The union also offers its members the opportunity to manage and utilize their resources in a democratic manner, aiming to enhance their economic and social conditions. In essence, the credit union's mission is to empower its members financially, fostering a sense of collective control and improvement.


Official website here: www.firefighterscu.com

Who is the CEO of Firefighters Credit Union?

Thomas R Gourdin is the President of Firefighters Credit Union.


Official website here: www.firefighterscu.com

What is the revenue of Firefighters Credit Union?

Firefighters Credit Union's revenue in 2022 was $2,227,287.


Official website here: www.firefighterscu.com

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

The average compensation at Firefighters Credit Union during 2022 was $86,094. There are 9 employees and 13 volunteers at Firefighters Credit Union.


Here are 13 key members and their salaries:


Thomas Gourdin (President)
  • Compensation: $161,043
  • Related: $0
  • Other: $0
Gary Mcmullin (Vice President)
  • Compensation: $113,493
  • Related: $0
  • Other: $0
Dawayne Coombs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Macelreath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Rynders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Farnsworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clair Baldwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Craft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Wardle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firefighterscu.com

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.firefighterscu.com

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

Mission Statement of Firefighters Credit Union

Firefighters Credit Union is committed to inspiring savings among its members and establishing accessible credit options at reasonable interest rates. By doing so, the credit union aims to provide its members with an opportunity to manage and utilize their resources in a democratic manner, thereby enhancing their economic and social conditions. This mission is designed to empower members, allowing them to have a say in how their financial resources are utilized, ultimately improving their overall well-being.

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Impact




October, 2024

Firefighters Credit Union plays a significant role in enhancing the financial well-being of its members in Salt Lake City, UT. By encouraging thrift among its members, the credit union fosters a culture of saving that benefits individual financial stability and promotes responsible financial habits.

The organization provides access to credit at fair and reasonable interest rates, ensuring that members can obtain loans without being burdened by exorbitant fees. This access is crucial for supporting personal financial needs, such as purchasing homes, funding education, or managing unexpected expenses.

Moreover, Firefighters Credit Union emphasizes democratic control, allowing members to actively participate in decision-making processes regarding their financial resources. This empowers individuals to make informed choices that align with their economic and social needs, ultimately improving their overall financial literacy and condition.

By focusing on these key areas—thrift cultivation, equitable credit access, and democratic resource management—Firefighters Credit Union significantly contributes to the economic and social advancement of its members, making a positive impact in 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
$2,227,287 (2022)
Expenses
$1,919,518 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $169,803
  • Program Service Revenue: $2,057,484
  • Gross Receipts: $2,227,287

Assets and Liabilities:

  • Total Assets: $59,236,814
  • Total Liabilities: $53,258,357
  • Net Assets: $5,978,457

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Programs

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

FEES AND OTHER INCOME

Revenue

$434,239

INTEREST ON LOANS

Revenue

$1,623,245

Organization Details

Founding Year

1929

Principal Officer

Thomas R Gourdin

Main Address

124 WEST 1400 SOUTH SUITE 101, SALT LAKE CITY, UT, 84115

NTEE Category

Code: W61 - Public benefit

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