Civic Intelligence

Fire Fighters Credit Union

990 • Fiscal year 2019 • EIN 73-0528996

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 01, 2020

9200 E 41st STTulsa, OK 74145

(918) 582-1191

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.83x

Higher debt load relative to assets than 22% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

20th percentile

13.60x

Higher debt load relative to revenue than 20% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

97th percentile

$198,898

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Asset Growth

37th percentile

0.6%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

3.5%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$38,086,546

Up $224,802 (+0.6%) from 2018

Net Assets

Up

$6,628,433

Up $432,843 (+7.0%) from 2018

Liabilities

Down

$31,458,113

Down $208,041 (-0.7%) from 2018

Revenue

Up

$2,313,233

Up $78,863 (+3.5%) from 2018

Expenses

Down

$1,880,390

Down $219,521 (-10%) from 2018

Net Income

Up

$432,843

Up $298,384 (+222%) from 2018

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $30,092,070Liabilities 2010: $25,085,331Net Assets 2010: $5,006,7392010Assets 2011: $33,338,981Liabilities 2011: $28,199,388Net Assets 2011: $5,139,5932011Assets 2012: $34,217,529Liabilities 2012: $28,933,693Net Assets 2012: $5,283,8362012Assets 2013: $34,791,840Liabilities 2013: $29,383,954Net Assets 2013: $5,407,8862013Assets 2014: $35,365,751Liabilities 2014: $29,750,769Net Assets 2014: $5,614,9822014Assets 2015: $37,143,239Liabilities 2015: $31,327,517Net Assets 2015: $5,815,7222015Assets 2016: $37,783,264Liabilities 2016: $31,860,418Net Assets 2016: $5,922,8462016Assets 2017: $38,272,604Liabilities 2017: $32,211,472Net Assets 2017: $6,061,1322017Assets 2018: $37,861,744Liabilities 2018: $31,666,154Net Assets 2018: $6,195,5902018Assets 2019: $38,086,546Liabilities 2019: $31,458,113Net Assets 2019: $6,628,4332019Assets 2020: $41,661,295Liabilities 2020: $34,829,494Net Assets 2020: $6,831,8012020Assets 2021: $42,787,595Liabilities 2021: $35,834,474Net Assets 2021: $6,953,1212021Assets 2022: $46,607,849Liabilities 2022: $39,202,469Net Assets 2022: $7,405,3802022Assets 2023: $43,587,151Liabilities 2023: $35,635,079Net Assets 2023: $7,952,0722023Assets 2024: $45,491,363Liabilities 2024: $36,828,220Net Assets 2024: $8,663,1432024

Highlighted filing

2019

Assets$38,086,546
Liabilities$31,458,113
Net Assets$6,628,433

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $1,946,0862010Expenses 2011: $1,724,6202011Revenue 2012: $1,842,887Expenses 2012: $1,698,644Net Income 2012: $144,2432012Revenue 2013: $1,759,673Expenses 2013: $1,635,623Net Income 2013: $124,0502013Revenue 2014: $1,874,536Expenses 2014: $1,667,440Net Income 2014: $207,0962014Revenue 2015: $1,965,520Expenses 2015: $1,764,780Net Income 2015: $200,7402015Revenue 2016: $2,022,038Expenses 2016: $1,914,914Net Income 2016: $107,1242016Revenue 2017: $2,092,935Expenses 2017: $1,954,649Net Income 2017: $138,2862017Revenue 2018: $2,234,370Expenses 2018: $2,099,911Net Income 2018: $134,4592018Revenue 2019: $2,313,233Expenses 2019: $1,880,390Net Income 2019: $432,8432019Revenue 2020: $2,124,347Expenses 2020: $1,920,979Net Income 2020: $203,3682020Revenue 2021: $1,939,110Expenses 2021: $1,817,784Net Income 2021: $121,3262021Revenue 2022: $2,409,297Expenses 2022: $1,957,038Net Income 2022: $452,2592022Revenue 2023: $2,813,181Expenses 2023: $2,266,488Net Income 2023: $546,6932023Revenue 2024: $3,026,134Expenses 2024: $2,506,123Net Income 2024: $520,0112024

Highlighted filing

2019

Revenue$2,313,233
Expenses$1,880,390
Net Income$432,843
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 1, 2020
Return Version
2019v5.0
Gross Receipts
$2,313,233
Mission and Program Overview

Mission

Credit Union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$24,108,935$24,090,617▼ $18,318
Savings and Temporary Cash Investments$3,269,971$6,320,889▲ $3,050,918
Investments Other Securities$8,243,147$5,706,525▼ $2,536,622
Land, Buildings, and Equipment, Net$1,581,132$1,523,310▼ $57,822
Cash and Non-Interest-Bearing Accounts$449,370$248,946▼ $200,424
Prepaid Expenses and Deferred Charges$110,183$111,456▲ $1,273
Total Assets$37,861,744$38,086,546▲ $224,802
Other Assets Total$99,006$84,803▼ $14,203
Liabilities
Other Liabilities$30,972,877$30,588,927▼ $383,950
Accounts Payable and Accrued Expenses$693,277$869,186▲ $175,909
Total Liabilities$31,666,154$31,458,113▼ $208,041
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,195,590$6,628,433▲ $432,843
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$6,195,590$6,628,433▲ $432,843
Total Liabilities and Net Assets / Fund Balance$37,861,744$38,086,546▲ $224,802

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$967,446$528,000$0
Other Land Buildings$0$0$0
Land$517,692-$0
Equipment$38,172$285,483$0
Leasehold Improvements$0$0$0
Other Securities$45,277--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frances ReedCEOFT$146,696$52,202$198,898
Tim WhiteCFOFT$110,679$19,698$130,377
Susan DriggersCOOFT$104,430$16,220$120,650

Board Members and Trustees

NameTitle
Bill GoswickBoard Member
Gordon GingrichBoard Member
James WalkerBoard Member
Janet MooreBoard Member
Peggy SmithBoard Member
Redell BrownBoard Member
Renee ProfittBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,076,996
Investment Income
$236,237
Other Revenue
$0
Change in Net Assets
$432,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$908,660
Other Expenses$848,315
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---$397,377
Other Salaries and Wages---$329,343
Office Expenses---$284,259
Information Technology---$234,586
Benefits to Members---$123,415
Other Employee Benefits---$88,441
Depreciation Depletion---$63,601
Occupancy---$62,758
Payroll Taxes---$55,196
Fees for Services Other---$47,065
Pension Plan Contributions---$38,303
Insurance---$37,735
Fees for Services Legal---$17,693
Advertising---$16,210
Travel---$16,092
Other Expenses---$1,191
Total Functional Expenses$0$0$0$1,880,390
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
Membership Shares$30,588,927
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Credit Union is member owed

Form 990, Part VI, Section A, Line 7A

Members elect board of directors

Form 990, Part VI, Section B, Line 11B

Taxes prepared from financial statements that have been reviewed by Board of Directors

Form 990, Part VI, Section B, Line 12C

An auditor oversees yearly the compliance of all policy's

Form 990, Part VI, Section C, Line 19

Governing documents and other documents are available to the public upon request, financial statements are posted monthly

Filing and Contact Details

Filer

Filer Name
Fire Fighters Credit Union
EIN
73-0528996
Phone
9185821191
Address
9200 E 41st ST, Tulsa, OK 74145

Signing Officer

Name
Tim White
Title
CFO
Phone
9185821191
Signed
2020-04-01

Organization Details

Principal Officer
Frances Reed
Formed
1933
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
11
Volunteers
7
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE FEE'S
IRS990/ProgramServiceRevenueGrp/Desc4LOAN FEE'S
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01487086
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1304604
IRS990/ProgramServiceRevenueGrp/ExclusionAmt2181159
IRS990/ProgramServiceRevenueGrp/ExclusionAmt353593
IRS990/ProgramServiceRevenueGrp/ExclusionAmt450554
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01487086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1304604
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2181159
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt353593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt450554
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0120999
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0210246
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01028367
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02024124
IRS990/PYRevenuesLessExpensesAmt0134459
IRS990/PYSalariesCompEmpBnftPaidAmt0950545
IRS990/PYTotalExpensesAmt02099911
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02234370
IRS990/ReconcilationRevenueExpnssAmt0432843
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02313233
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03269971
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06320889
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0967446
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0528000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01495446
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt038172
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0285483
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0323655
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0517692
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0517692
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030588927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERSHIP SHARES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05160000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1296308
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2204940
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt345277
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NCUSIF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FEDERAL RESERVE BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc3CATALYST CORP MEMBERSHIP CAPITAL SHARES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01523310
IRS990ScheduleD/TotalBookValueSecuritiesAmt05706525
IRS990ScheduleD/TotalLiabilityAmt030588927
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0146696
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount012744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt09101
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07529
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt022828
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Frances Reed
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0198898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Credit Union is member owed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect board of directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Taxes prepared from financial statements that have been reviewed by Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3An auditor oversees yearly the compliance of all policy's
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and other documents are available to the public upon request, financial statements are posted monthly
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt037861744
IRS990/TotalAssetsEOYAmt038086546
IRS990/TotalAssetsGrp/BOYAmt037861744
IRS990/TotalAssetsGrp/EOYAmt038086546
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt011

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$45.5$36.8$8.66$3.03$2.51$0.52
2023Detailed filing. Detailed filing data is available for this year.$43.6$35.6$7.95$2.81$2.27$0.55
2022Detailed filing. Detailed filing data is available for this year.$46.6$39.2$7.41$2.41$1.96$0.45
2021Detailed filing. Detailed filing data is available for this year.$42.8$35.8$6.95$1.94$1.82$0.12
2020Detailed filing. Detailed filing data is available for this year.$41.7$34.8$6.83$2.12$1.92$0.20
2019Detailed filing. Detailed filing data is available for this year.$38.1$31.5$6.63$2.31$1.88$0.43
2018Detailed filing. Detailed filing data is available for this year.$37.9$31.7$6.20$2.23$2.10$0.13
2017Detailed filing. Detailed filing data is available for this year.$38.3$32.2$6.06$2.09$1.95$0.14
2016Detailed filing. Detailed filing data is available for this year.$37.8$31.9$5.92$2.02$1.91$0.11
2015Detailed filing. Detailed filing data is available for this year.$37.1$31.3$5.82$1.97$1.76$0.20
2014Detailed filing. Detailed filing data is available for this year.$35.4$29.8$5.61$1.87$1.67$0.21
2013Detailed filing. Detailed filing data is available for this year.$34.8$29.4$5.41$1.76$1.64$0.12
2012Summary only. Only limited summary data is available for this year.$34.2$28.9$5.28$1.84$1.70$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.3$28.2$5.14$1.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.1$25.1$5.01$1.95
Peer Organizations

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