Spokane Firefighters Credit Union

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

EIN: 910419072 ✦ Spokane, WA ✦ Designated as a 501(c)(14)

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Overview

What is Spokane Firefighters Credit Union?

Spokane Firefighters Credit Union is a nonprofit financial institution situated in Spokane, Washington, with the address 2002 North Atlantic. Its primary mission is to offer affordable credit and financial services to the local firefighters and their families. The credit union caters to approximately 2,366 members, providing various financial products such as loans, IRAs, share certificates, and savings and checking accounts. With a dedicated workforce of 13 employees, Spokane Firefighters Credit Union aims to enhance the financial well-being of its members, contributing to their overall quality of life.


Official website here: www.firecu.net

Is Spokane Firefighters Credit Union legitimate?

Spokane Firefighters Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Spokane 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: $311,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $505,070

For more financial information, click here


Official website here: www.firecu.net

What is the mission statement of Spokane Firefighters Credit Union?

The Spokane Firefighters Credit Union's mission is centered around enhancing the lives of its members. Specifically, its objective is to offer customized financial services. The union's primary goal is to improve the quality of life for its members, which includes providing various financial products such as loans, IRAs, share certificates, and share draft accounts. It serves approximately 2,366 members, primarily firefighters and their families. The credit union's mission is not limited to providing financial services but also aims to improve the financial well-being of its members.


Official website here: www.firecu.net

Who is the CEO of Spokane Firefighters Credit Union?

Gayle Furness is the CEO of Spokane Firefighters Credit Union The CEO's salary of Spokane Firefighters Credit Union is $184,703 and their total compensation is $194,482.


Official website here: www.firecu.net

What is the revenue of Spokane Firefighters Credit Union?

Spokane Firefighters Credit Union's revenue in 2023 was $2,767,585.


Official website here: www.firecu.net

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

The average compensation at Spokane Firefighters Credit Union during 2023 was $54,437. There are 15 employees and 11 volunteers at Spokane Firefighters Credit Union.

Here are 10 key members and their salaries (Spokane Firefighters Credit Union's CEO's salary is $184,703 and their total compensation is $194,482):


Bill Gonzalez (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Miller (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Green (Director (Left 01/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Libby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Himelspach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Chavez (Director (From 02/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Furness (Chief Executive Officer, Treasurer)
  • Compensation: $184,703
  • Related: $0
  • Other: $9,779
William Logan (Vice President Of Lending, Secretary)
  • Compensation: $110,384
  • Related: $0
  • Other: $6,623


Official website here: www.firecu.net

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

Spokane Firefighters Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.firecu.net

Learn more at the official website: www.firecu.net

Mission Statement of Spokane Firefighters Credit Union

Spokane Firefighters Credit Union, with a focus on its members, prioritizes enhancing their quality of life by offering tailored financial services. The mission of this financial institution is centered around providing affordable credit options and financial assistance to the Spokane firefighters and their families. By offering a variety of services such as loans, IRAs, share certificates, and share accounts, as well as share draft accounts, Spokane Firefighters Credit Union aims to cater to the diverse financial needs of its members, thereby improving their overall financial well-being. The credit union's mission is to create a positive impact on the lives of its members by offering personalized financial services.

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Impact




October, 2024

Spokane Firefighters Credit Union significantly impacts its community by offering affordable credit and financial services tailored specifically for Spokane firefighters and their families. With around 2,366 members, the Credit Union provides a range of financial products, including loans, IRAs, share certificates, and various types of accounts, helping members achieve their financial goals.

By focusing on personalized financial services, the Credit Union enhances the quality of life for its members. The commitment to serving the specific needs of firefighters ensures that these essential workers have access to reliable financial support, fostering financial stability and security for them and their families. This dedicated service not only benefits individual members but also strengthens the broader Spokane community through the financial well-being of those who serve and protect it.




This information is meant to be a general summary of Spokane 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
$2,767,585 (2023)
Expenses
$2,325,717 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $426,843
  • Program Service Revenue: $2,332,923
  • Gross Receipts: $2,776,116

Assets and Liabilities:

  • Total Assets: $75,696,409
  • Total Liabilities: $64,801,836
  • Net Assets: $10,894,573

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Programs

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

Loan Interest Income

Revenue

$1,954,503

Interchange Income

Revenue

$212,419

Fees and Charges

Revenue

$121,643

Noninterest Operating

Revenue

$44,358

Organization Details

Founding Year

1934

Principal Officer

Gayle Furness

NTEE Category

Code: W60 - Public benefit

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