Civic Intelligence

First Choice Community Credit Union Inc

990 • Fiscal year 2017 • EIN 34-6611264

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 16, 2018

Organization Profilewww.fcccu.com

View Organization Page

804 Warren AvenueNiles, OH 44446

(330) 652-3887

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.86x

Higher debt load relative to assets than 36% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

25.53x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Net Margin

50th percentile

8.8%

Higher net margin than 50% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

11th percentile

$32,450

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Asset Growth

6th percentile

-3.5%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-11%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets36th percentile

Assets

Down

$25,989,879

Down $935,027 (-3.5%) from 2016

Net Assets

Up

$3,595,134

Up $77,327 (+2.2%) from 2016

Liabilities

Down

$22,394,745

Down $1,012,354 (-4.3%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin50th percentile

Revenue

Down

$877,179

Down $105,573 (-11%) from 2016

Expenses

Down

$799,852

Down $172,569 (-18%) from 2016

Net Income

Up

$77,327

Up $66,996 (+648%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $21,032,025Liabilities 2010: $18,623,258Net Assets 2010: $2,408,7672010Assets 2014: $25,849,292Liabilities 2014: $22,724,374Net Assets 2014: $3,124,9182014Assets 2016: $26,924,906Liabilities 2016: $23,407,099Net Assets 2016: $3,517,8072016Assets 2017: $25,989,879Liabilities 2017: $22,394,745Net Assets 2017: $3,595,1342017Assets 2018: $19,379,508Liabilities 2018: $16,029,595Net Assets 2018: $3,349,9132018Assets 2019: $18,483,252Liabilities 2019: $14,741,018Net Assets 2019: $3,742,2342019Assets 2020: $20,090,184Liabilities 2020: $16,639,606Net Assets 2020: $3,450,5782020

Highlighted filing

2017

Assets$25,989,879
Liabilities$22,394,745
Net Assets$3,595,134
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,029,9692010Revenue 2014: $1,010,301Expenses 2014: $822,569Net Income 2014: $187,7322014Revenue 2016: $982,752Expenses 2016: $972,421Net Income 2016: $10,3312016Revenue 2017: $877,179Expenses 2017: $799,852Net Income 2017: $77,3272017Revenue 2018: $841,895Expenses 2018: $783,730Net Income 2018: $58,1652018Revenue 2019: $694,996Expenses 2019: $657,337Net Income 2019: $37,6592019Revenue 2020: $473,159Expenses 2020: $648,394Net Income 2020: -$175,2352020

Highlighted filing

2017

Revenue$877,179
Expenses$799,852
Net Income$77,327
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 16, 2018
Return Version
2017v2.2
Gross Receipts
$877,179
Mission and Program Overview

Mission

A financial cooperative / credit union organized to provide its members with low interest loans, and to promote savings among those members.

A financial cooperative/credit union organized to provide its members with low interest loans, and to promote savings among those members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$19,078,553$19,858,060▲ $779,507
Rtn Earn Endowment Incm Other Fnds$3,517,807$3,595,134▲ $77,327
Cash and Non-Interest-Bearing Accounts$241,617$445,703▲ $204,086
Accounts Receivable$4,530$131,981▲ $127,451
Land, Buildings, and Equipment, Net$65,296$60,126▼ $5,170
Prepaid Expenses and Deferred Charges$25,015$21,237▼ $3,778
Total Assets$26,924,906$25,989,879▼ $935,027
Other Assets Total$7,509,895$5,472,772▼ $2,037,123
Liabilities
Other Liabilities$23,364,449$22,351,796▼ $1,012,653
Accounts Payable and Accrued Expenses$42,650$42,949▲ $299
Total Liabilities$23,407,099$22,394,745▼ $1,012,354
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,517,807$3,595,134▲ $77,327
Total Liabilities and Net Assets / Fund Balance$26,924,906$25,989,879▼ $935,027

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,424$359,413$379,837
Buildings$15,702$90,814$106,516
Leasehold Improvements-$59,415$59,415
Land$16,000-$16,000
Investment Program Related Org$14,048--
Other Land Buildings$8,000--
Other Assets Org$-86,157--
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseTotal
J Daniel SgambatiBoard President & CEOFT$32,450$32,450

Board Members and Trustees

NameTitle
Kathleen BowenVice President
Carol a SopkovichBoard Member
Georgianne PadavoniBoard Member
Ian BowdenBoard Member
Mark MchaleBoard Member
Murray T WeddellBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$415,122
Investment Income
$334,861
Other Revenue
$127,196
Change in Net Assets
$77,327
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$330,423
Other Expenses$298,055
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$240,457--$240,457
Benefits to Members$171,374--$171,374
Fees for Services Management$90,873--$90,873
Other Employee Benefits$72,132--$72,132
Other Expenses$44,311--$44,311
Office Expenses$41,749--$41,749
Occupancy$32,130--$32,130
Information Technology$26,165--$26,165
Payroll Taxes$17,834--$17,834
Fees for Services Accounting$14,999--$14,999
Depreciation Depletion$12,544--$12,544
Fees for Services Legal$10,958--$10,958
Advertising$3,511--$3,511
Conferences and Meetings$834--$834
Total Functional Expenses$799,852$0$0$799,852
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$22,351,796
Member Shares and Savings Accts-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Classes of members or stockholders. The credit union has members.”

Form 990 governing body review Part VI line 11

“Organizations process to review form 990. The form 990 was prepared by the ceo and presented at a board meeting.”

Conflict of interest policy compliance Part VI line 12C

“Enforcement of conflicts policy: purchases are reviewed by the board and then approved.”

CEO executive director top management comp Part VI line 15A

“Compensation process for top official: the board appoints a salary review committee annually to review employee performance and compensation. The committee then prepares a report for presentation to the board for review and approval.”

Other officer or key employee compensation Part VI line 15B

“Compensation process for officers: see explanation for line 15a above.”

Governing documents etc available to public Part VI line 19

“Governing documents explanation: documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
First Choice Community CU
EIN
34-6611264
Address
804 Warren Avenue, Niles, OH 44446

Signing Officer

Name
J Daniel Sgambati
Title
CEO
Phone
3306523887
Signed
2018-04-16
Discuss with paid preparer
Yes

Organization Details

Formed
1968
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
8

Preparer

Firm
Grace Financial Services
Address
7047 E Market Street, Warren, OH 44484
Preparer
J Daniel Sgambati
Phone
3303692880
Raw XML Appendix398 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt042650
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt042949
IRS990/AccountsReceivableGrp/BOYAmt04530
IRS990/AccountsReceivableGrp/EOYAmt0131981
IRS990/AcctCompileOrReviewBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0A FINANCIAL COOPERATIVE/CREDIT UNION ORGANIZED TO PROVIDE ITS MEMBERS WITH LOW INTEREST LOANS, AND TO PROMOTE SAVINGS AMONG THOSE MEMBERS.
IRS990/AdvertisingGrp/ProgramServicesAmt03511
IRS990/AdvertisingGrp/TotalAmt03511
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt0171374
IRS990/BenefitsToMembersGrp/TotalAmt0171374
IRS990/BooksInCareOfDetail/PersonNm0J DANIEL SGAMBATI
IRS990/BooksInCareOfDetail/PhoneNum03306523887
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08941 INVERRARY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0Warren
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044484
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0241617
IRS990/CashNonInterestBearingGrp/EOYAmt0445703
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0240457
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0240457
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0834
IRS990/ConferencesMeetingsGrp/TotalAmt0834
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0171374
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0334861
IRS990/CYOtherExpensesAmt0298055
IRS990/CYOtherRevenueAmt0127196
IRS990/CYProgramServiceRevenueAmt0415122
IRS990/CYRevenuesLessExpensesAmt077327
IRS990/CYSalariesCompEmpBnftPaidAmt0330423
IRS990/CYTotalExpensesAmt0799852
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0877179
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt012544
IRS990/DepreciationDepletionGrp/TotalAmt012544
IRS990/Desc0PROVIDING LOW COST LOANS TO MEMBERS. PROVIDE SAVINGS VEHICLES AND BANKING TYPE SERVICES FOR THE BENEFIT OF MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0799852
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt014999
IRS990/FeesForServicesAccountingGrp/TotalAmt014999
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt010958
IRS990/FeesForServicesLegalGrp/TotalAmt010958
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt090873
IRS990/FeesForServicesManagementGrp/TotalAmt090873
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0GEORGIANNE PADAVONI
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHLEEN BOWEN
IRS990/Form990PartVIISectionAGrp/PersonNm2J DANIEL SGAMBATI
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK MCHALE
IRS990/Form990PartVIISectionAGrp/PersonNm4IAN BOWDEN
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROL A SOPKOVICH
IRS990/Form990PartVIISectionAGrp/PersonNm6MURRAY T WEDDELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt232450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0877179
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt026165
IRS990/InformationTechnologyGrp/TotalAmt026165
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0334861
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0334861
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt019078553
IRS990/InvestmentsProgramRelatedGrp/EOYAmt019858060
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0509642
IRS990/LandBldgEquipBasisNetGrp/BOYAmt065296
IRS990/LandBldgEquipBasisNetGrp/EOYAmt060126
IRS990/LandBldgEquipCostOrOtherBssAmt0569768
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A FINANCIAL COOPERATIVE/CREDIT UNION ORGANIZED TO PROVIDE ITS MEMBERS WITH LOW INTEREST LOANS, AND TO PROMOTE SAVINGS AMONG THOSE MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03517807
IRS990/NetAssetsOrFundBalancesEOYAmt03595134
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt032130
IRS990/OccupancyGrp/TotalAmt032130
IRS990/OfficeExpensesGrp/ProgramServicesAmt041749
IRS990/OfficeExpensesGrp/TotalAmt041749
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07509895
IRS990/OtherAssetsTotalGrp/EOYAmt05472772
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt072132
IRS990/OtherEmployeeBenefitsGrp/TotalAmt072132
IRS990/OtherExpensesGrp/Desc0ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/ProgramServicesAmt019981
IRS990/OtherExpensesGrp/ProgramServicesAmt144311
IRS990/OtherExpensesGrp/TotalAmt019981
IRS990/OtherExpensesGrp/TotalAmt144311
IRS990/OtherLiabilitiesGrp/BOYAmt023364449
IRS990/OtherLiabilitiesGrp/EOYAmt022351796
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0ALL OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1ATM FEES
IRS990/OtherRevenueMiscGrp/Desc2ACCOUNT FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0110717
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13367
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt213112
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0110717
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13367
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt213112
IRS990/OtherRevenueTotalAmt0127196
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt017834
IRS990/PayrollTaxesGrp/TotalAmt017834
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025015
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021237
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0415122
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0415122
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt060704
IRS990/PYInvestmentIncomeAmt0310855
IRS990/PYOtherExpensesAmt0632570
IRS990/PYOtherRevenueAmt0202150
IRS990/PYProgramServiceRevenueAmt0469747
IRS990/PYRevenuesLessExpensesAmt010331
IRS990/PYSalariesCompEmpBnftPaidAmt0279147
IRS990/PYTotalExpensesAmt0972421
IRS990/PYTotalRevenueAmt0982752
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt077327
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03517807
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03595134
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt015702
IRS990ScheduleD/BuildingsGrp/DepreciationAmt090814
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0106516
IRS990ScheduleD/EquipmentGrp/BookValueAmt020424
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0359413
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0379837
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt015539675
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1500000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2139520
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3466333
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4532606
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt52665878
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt614048
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERTIFICATES AND OTHER DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1FHLB
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2LIFE INSURANCE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3MONEY MARKET
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4SL DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5OTHER CU DEPOSITS-CDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6CORPORATE ONE ESCROW
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7CUSO INVESTMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/LandGrp/BookValueAmt016000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016000
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt059415
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt059415
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05558929
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1-86157
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LOANS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ALLOWANCE FOR LOAN LOSS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08000
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt08000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022351796
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FEDERAL INCOME TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBER SHARES AND SAVINGS ACCTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt060126
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05472772
IRS990ScheduleD/TotalBookValueProgramRltdAmt019858060
IRS990ScheduleD/TotalLiabilityAmt022351796
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS. THE CREDIT UNION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATIONS PROCESS TO REVIEW FORM 990. THE FORM 990 WAS PREPARED BY THE CEO AND PRESENTED AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICTS POLICY: PURCHASES ARE REVIEWED BY THE BOARD AND THEN APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR TOP OFFICIAL: THE BOARD APPOINTS A SALARY REVIEW COMMITTEE ANNUALLY TO REVIEW EMPLOYEE PERFORMANCE AND COMPENSATION. THE COMMITTEE THEN PREPARES A REPORT FOR PRESENTATION TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION PROCESS FOR OFFICERS: SEE EXPLANATION FOR LINE 15A ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS EXPLANATION: DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt026924906
IRS990/TotalAssetsEOYAmt025989879
IRS990/TotalAssetsGrp/BOYAmt026924906
IRS990/TotalAssetsGrp/EOYAmt025989879
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0799852
IRS990/TotalFunctionalExpensesGrp/TotalAmt0799852
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023407099
IRS990/TotalLiabilitiesEOYAmt022394745
IRS990/TotalLiabilitiesGrp/BOYAmt023407099
IRS990/TotalLiabilitiesGrp/EOYAmt022394745
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03517807
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03595134
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0799852
IRS990/TotalProgramServiceRevenueAmt0415122
IRS990/TotalReportableCompFromOrgAmt032450
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0877179
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0877179
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt026924906
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt025989879
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.fcccu.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0J Daniel Sgambati
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03306523887
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0First Choice Community CU
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0346611264
ReturnHeader/Filer/USAddress/AddressLine1Txt0804 Warren Avenue
ReturnHeader/Filer/USAddress/CityNm0Niles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044446
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01489F500136A29A14A31D266C760B96FB022F8A3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01489F500136A29A14A31D266C760B96FB022F8A3
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId0343590201827255mqgyk
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-09-29
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.96.48.73
ReturnHeader/FilingSecurityInformation/IPDt02018-09-29
ReturnHeader/FilingSecurityInformation/IPTm012:45:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203296690
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Grace Financial Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07047 E Market Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Warren
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044484
ReturnHeader/PreparerPersonGrp/PhoneNum03303692880
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J Daniel Sgambati
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-09-29T12:24:46-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,989,879
Liabilities
$22,394,745
Net assets
$3,595,134
Revenue
$877,179
Expenses
$799,852
Net income
$77,327
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$16.6$3.45$0.47$0.65$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$14.7$3.74$0.69$0.66$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$16.0$3.35$0.84$0.78$0.06
2017Detailed filing. Detailed filing data is available for this year.$26.0$22.4$3.60$0.88$0.80$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.9$23.4$3.52$0.98$0.97$0.01
2014Detailed filing. Detailed filing data is available for this year.$25.8$22.7$3.12$1.01$0.82$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$18.6$2.41$1.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)14 • $25M-$50M nonprofits