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Financial Center First Credit Union

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

EIN: 350928620 ✦ Indianapolis, IN ✦ Designated as a 501(c)(14)

Overview

What is Financial Center First Credit Union?

Financial Center First Credit Union is a credit union based in Indianapolis, Indiana, with a membership of 78,251. Their mission is dedicated to enhancing the financial well-being of their members. Established at 7101 EAST 56th STREET, the credit union operates with a workforce of 405 employees. Their primary focus lies in providing various financial services to their members, aiming to make a positive impact on their financial lives.


Official website here: www.fcfcu.com

Is Financial Center First Credit Union legitimate?

Financial Center First Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Financial Center First 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,413,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,444,711

For more financial information, click here


Official website here: www.fcfcu.com

What is the mission statement of Financial Center First Credit Union?

Financial Center First Credit Union is dedicated to enhancing the financial well-being of its 78,251 members. This mission is at the heart of the credit union's operations. By offering financial services, it strives to make a positive impact on the lives of the individuals it serves. Improving financial lives is the key goal of Financial Center First Credit Union.


Official website here: www.fcfcu.com

Who is the CEO of Financial Center First Credit Union?

Ryan W Cook is the Ceo/President of Financial Center First Credit Union. The CEO's salary of Financial Center First Credit Union is $320,297 and their total compensation is $330,644.


Official website here: www.fcfcu.com

What is the revenue of Financial Center First Credit Union?

Financial Center First Credit Union's revenue in 2022 was $42,966,700.


Official website here: www.fcfcu.com

Who are the executives of Financial Center First Credit Union and what are their salaries?

The average compensation at Financial Center First Credit Union during 2022 was $31,749. There are 405 employees and 25 volunteers at Financial Center First Credit Union.

Here are 36 key members and their salaries (Financial Center First Credit Union's CEO's salary is $320,297 and their total compensation is $330,644):

    James Ryan End 114 (Ceo/President)
  • Compensation: $1,591,673
  • Related: $0
  • Other: $3,213

    • Cameron Minges (Ceo/President)
  • Compensation: $320,297
  • Related: $0
  • Other: $10,347

    • Michael Nelson End 1231 (Chief Financial Officer)
  • Compensation: $252,358
  • Related: $0
  • Other: $11,343

    • Brian Wilson (Vp Of Finance)
  • Compensation: $228,983
  • Related: $0
  • Other: $3,393

    • Jennifer Rue (Chief Risk & Compl. Officer)
  • Compensation: $212,766
  • Related: $0
  • Other: $10,053

    • Carl Britton (Vp Of Lending)
  • Compensation: $194,495
  • Related: $0
  • Other: $16,420

    • Amber Cashman (Avp Of Centralized Sales)
  • Compensation: $200,956
  • Related: $0
  • Other: $7,293

    • Edward Valasek End 1031 (Chief Information Officer)
  • Compensation: $182,679
  • Related: $0
  • Other: $9,957

    • Frances Tooley (Chief Development Officer)
  • Compensation: $146,539
  • Related: $0
  • Other: $18,234

    • Jeffery Leverenz (Account Vp Indirect Program)
  • Compensation: $151,621
  • Related: $0
  • Other: $11,736

    • Billy Wells End 63 (Coo)
  • Compensation: $153,610
  • Related: $0
  • Other: $4,026

    • Dianna Miller (Vp Of Accounting)
  • Compensation: $131,698
  • Related: $0
  • Other: $18,363

    • James Norton (Vp Of Strategic Development)
  • Compensation: $135,626
  • Related: $0
  • Other: $9,058

    • Sherry Sigler (Vp Of Retail Operations)
  • Compensation: $127,537
  • Related: $0
  • Other: $15,825

    • Christine Stefani (Vp Of Hr)
  • Compensation: $120,793
  • Related: $0
  • Other: $14,472

    • Joan Kerulis (Dir Int Audit)
  • Compensation: $119,436
  • Related: $0
  • Other: $10,721

    • Dusty Simmons (Chief Strategy Officer)
  • Compensation: $120,905
  • Related: $0
  • Other: $9,117

    • James Davidson Beg 81 (Vp Of Financial Wellness)
  • Compensation: $118,477
  • Related: $0
  • Other: $10,225

    • Alexander Hall (Infrastructure Manager)
  • Compensation: $118,280
  • Related: $0
  • Other: $8,367

    • James Ryan Jr End 21 (Vp Of Relationship Management)
  • Compensation: $111,463
  • Related: $0
  • Other: $3,260

    • Marla Tackett End 630 (Vp Of Strategic Development)
  • Compensation: $83,486
  • Related: $0
  • Other: $2,954

    • Aaron Matthew Alsup Beg 727 (Vp Of Erm)
  • Compensation: $62,704
  • Related: $0
  • Other: $2,926

    • Matthew Daniels (Evp Finance Operations)
  • Compensation: $59,776
  • Related: $0
  • Other: $0

    • Christopher Sibila End 1212 (Svp Information Technology)
  • Compensation: $29,427
  • Related: $0
  • Other: $0

    • Larry Marcum (Chairperson) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Jr Keneipp (First Chairman) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • James Benoit (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Jason Pickett (Secretary) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Jeanine Lugo (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Jeffery George (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Thomas Spahr (Second Vice Chairman) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • William Stevens (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Bryan Fluke Beg 517 (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0

    • Claudia Fluentes Beg 517 (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0

    • Cindy Lorentson Cook End 517 (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Raymond Battey End 517 (Treasurer) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0


  • Official website here: www.fcfcu.com

    Where can I find the form 990 for Financial Center First Credit Union?

    The Financial Center First Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fcfcu.com

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

    Mission Statement of Financial Center First Credit Union

    Financial Center First Credit Union, with a mission to enhance the financial well-being of its 78,251 members, strives to make a meaningful difference in their lives. The credit union goes beyond just providing financial services; it aims to help its members build a solid financial foundation.

    Through its dedicated efforts, Financial Center First Credit Union works tirelessly to ensure its members have access to essential financial tools and resources. By improving their financial lives, the credit union enables its members to reach their long-term goals and secure a stable financial future. The organization's unwavering commitment to its members' financial growth sets it apart in the financial services industry.

    Impact

    This information is meant to be a general summary of Financial Center First Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Financial Center First Credit Union's impact is significant in Indianapolis, providing financial services to its 78,251 members. By offering a range of financial products and services, the credit union plays a crucial role in improving the financial lives of its members. Its mission to enhance the financial well-being of individuals in the community demonstrates a commitment to promoting financial stability and prosperity. The credit union's activities contribute positively to the local economy and help individuals achieve their financial goals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-245,454
  • Program Service Revenue: $43,212,154
  • Gross Receipts: $43,212,154

    • Assets and Liabilities:
  • Total Assets: $839,916,000
  • Total Liabilities: $755,273,634
  • Net Assets: $84,642,366
  • Programs

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

    FEES AND OTHER CHARGES

    Revenue

    $3,934,719

    INTERCHANGE INCOME

    Revenue

    $3,574,882

    INSURANCE COMMISSIONS

    Revenue

    $208,000

    INTEREST INCOME

    Revenue

    $32,213,305

    INVESTMENT SERVICE FEES

    Revenue

    $245,319

    Organization Details

    Founding Year

    2015

    Principal Officer

    Ryan W Cook

    Main Address

    7101 EAST 56TH STREET, INDIANAPOLIS, IN, 46226

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Financial Center First Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.