Firstmark Credit Union

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

EIN: 740879805 ✦ San antonio, TX ✦ Designated as a 501(c)(14)

Overview

What is Firstmark Credit Union?

Firstmark Credit Union is a forward-thinking financial institution dedicated to improving the lives and businesses of its members. Based on the information provided, they have a mission to identify and invest in new products, services, and applications that cater to the evolving needs of their expanding membership. By doing so, they aim to create a positive impact and add value to the lives of those they serve. The ultimate goal is to facilitate growth and prosperity for their members, ensuring a strong and thriving community.


Official website here: www.firstmarkcu.org

Is Firstmark Credit Union legitimate?

Firstmark Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Firstmark 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: $1,738,956
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,767,202

For more financial information, click here


Official website here: www.firstmarkcu.org

What is the mission statement of Firstmark Credit Union?

Firstmark Credit Union is dedicated to assisting people in enhancing their lives and businesses. Their primary goal is to identify and invest in new products, services, and applications that cater to the evolving requirements of their growing membership base. By staying attuned to the changing needs of their community, Firstmark Credit Union aims to provide solutions that add value and support their members' financial journeys. Their mission reflects a commitment to adapt and innovate, ensuring they remain a relevant and valuable resource for their expanding membership.


Official website here: www.firstmarkcu.org

Who is the CEO of Firstmark Credit Union?

Nathanael Tarwasokono is the Chairman of Firstmark Credit Union.


Official website here: www.firstmarkcu.org

What is the revenue of Firstmark Credit Union?

Firstmark Credit Union's revenue in 2022 was $60,165,832.


Official website here: www.firstmarkcu.org

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

The average compensation at Firstmark Credit Union during 2022 was $53,049. There are 330 employees at Firstmark Credit Union.

Here are 23 key members and their salaries:

    Nathanael Tarwasokono (President/Ce)
  • Compensation: $475,177
  • Related: $0
  • Other: $31,074

    • Michael Grundon (Cfo)
  • Compensation: $242,811
  • Related: $0
  • Other: $85,119

    • Gregg Thorne (Cao)
  • Compensation: $236,345
  • Related: $0
  • Other: $52,454

    • Richard Danny Smith (Chief Exp Of)
  • Compensation: $197,334
  • Related: $0
  • Other: $24,647

    • Aaron Bedingfield (Chief Tech O)
  • Compensation: $190,657
  • Related: $0
  • Other: $22,262

    • Michael J Poligala (Vp Home Lend)
  • Compensation: $132,430
  • Related: $0
  • Other: $78,325

    • Veronica Teran (Vp Of Accoun)
  • Compensation: $159,840
  • Related: $0
  • Other: $39,916

    • Mary Leonardi (Cpo)
  • Compensation: $183,883
  • Related: $0
  • Other: $8,148

    • David Puente (Manager Home)
  • Compensation: $137,768
  • Related: $0
  • Other: $41,084

    • Rick Nelson (Vp Of Bus Pa)
  • Compensation: $161,289
  • Related: $0
  • Other: $17,250

    • Laura Ward (Cro)
  • Compensation: $123,513
  • Related: $0
  • Other: $6,922

    • Priscilla Navarro-Fox (Fmr. Cro)
  • Compensation: $58,706
  • Related: $0
  • Other: $12,822

    • Donald Pinson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Ralph (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Friesenhahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodolfo Pena (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ignacio Orozco Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clare Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Redell Ervin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Jones Jr (Advisory Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Gottardy (Advisory Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ericka Olivarez (Advisory Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lloyd Verstuyft (Advisory Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.firstmarkcu.org

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

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


    Official website here: www.firstmarkcu.org

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

    Mission Statement of Firstmark Credit Union

    Firstmark Credit Union, headquartered in Texas, is dedicated to improving the lives and businesses of its members. Their primary goal is to identify and invest in innovative products, services, and applications to meet the evolving needs of their ever-growing membership. By doing so, they ensure their relevance and value to their members well into the future.

    Firstmark Credit Union's mission is to seize opportunities for development and growth. They aim to provide their members with a wide range of offerings tailored to their changing requirements. By staying at the forefront of the financial industry, Firstmark Credit Union empowers its members to reach their full potential. Their forward-thinking approach to banking allows them to adapt to the dynamic needs of their expanding community.

    In essence, Firstmark Credit Union is more than just a financial institution; it is a partner in the journey of its members. They are committed to helping individuals and businesses overcome financial challenges and achieve their goals. Through their continuous pursuit of new and improved offerings, they set themselves apart as a trusted financial advisor and a beacon of financial well-being for their members.

    Impact

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




    Thursday, August 15, 2024

    Firstmark Credit Union's impact is centered around helping people improve their lives and businesses. By seeking opportunities to invest in new products, services, and applications that cater to the changing needs of its expanding membership, Firstmark Credit Union plays a vital role in supporting the financial well-being of individuals and businesses in San Antonio, Texas. Its mission is focused on providing public benefit by empowering its members to achieve their financial goals and thrive in today's dynamic economic landscape.





    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: $12,427,376
  • Program Service Revenue: $47,738,456
  • Gross Receipts: $66,067,858

    • Assets and Liabilities:
  • Total Assets: $1,229,028,062
  • Total Liabilities: $1,158,841,635
  • Net Assets: $70,186,427
  • Programs

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

    PERSONAL LOANS

    Revenue

    $17,768,820

    OTHER

    Revenue

    $16,586,930

    REAL ESTATE LOANS

    Revenue

    $9,802,239

    CREDIT CARD LOANS

    Revenue

    $3,462,189

    NON MEMBER ATM FEES

    Revenue

    $96,005

    Organization Details

    Founding Year

    1932

    Principal Officer

    Nathanael Tarwasokono

    Main Address

    2023 GOLD CANYON DRIVE, SAN ANTONIO, TX, 78232

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Firstmark 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.