Civic Intelligence

Firefighters Credit Union

EIN 87-0172462 • 501(c)14 • Draper, UT

Profile

To encourage thrift among its members, to create sources of credit at fair and reasonable rates of interest, and to provide an opportunity for its members to use and control their resources on a democratic basis in order to improve their economic and social conditions.

280 E 12300 S 104Draper, UT 84020

www.firefighterscu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.89x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

12.29x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Net Margin

79th percentile

21%

Higher net margin than 79% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

71st percentile

3.7%

Faster asset growth than 71% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

69%

Faster revenue growth than 100% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$61,629,716

Up $2,173,229 (+3.7%) from 2023

Liabilities

Up

$54,584,670

Up $1,225,229 (+2.3%) from 2023

Net Assets

Up

$7,045,046

Up $948,000 (+16%) from 2023

Revenue

Up

$4,442,368

Up $1,815,423 (+69%) from 2023

Expenses

Up

$3,494,368

Up $1,062,799 (+44%) from 2023

Net Income

Up

$948,000

Up $752,624 (+385%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2016: $37,600,820Liabilities 2016: $33,070,256Net Assets 2016: $4,530,5642016Assets 2017: $41,837,095Liabilities 2017: $37,141,815Net Assets 2017: $4,695,2802017Assets 2018: $45,585,725Liabilities 2018: $40,581,301Net Assets 2018: $5,004,4242018Assets 2019: $44,964,007Liabilities 2019: $39,719,326Net Assets 2019: $5,244,6812019Assets 2020: $50,696,583Liabilities 2020: $45,317,190Net Assets 2020: $5,379,3932020Assets 2021: $55,359,381Liabilities 2021: $49,688,693Net Assets 2021: $5,670,6882021Assets 2022: $59,236,814Liabilities 2022: $53,258,357Net Assets 2022: $5,978,4572022Assets 2023: $59,456,487Liabilities 2023: $53,359,441Net Assets 2023: $6,097,0462023Assets 2024: $61,629,716Liabilities 2024: $54,584,670Net Assets 2024: $7,045,0462024

Highlighted filing

2024

Assets$61,629,716
Liabilities$54,584,670
Net Assets$7,045,046

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2016: $1,576,062Expenses 2016: $1,414,788Net Income 2016: $161,2742016Revenue 2017: $1,715,978Expenses 2017: $1,551,262Net Income 2017: $164,7162017Revenue 2018: $2,060,291Expenses 2018: $1,751,147Net Income 2018: $309,1442018Revenue 2019: $2,195,287Expenses 2019: $1,955,030Net Income 2019: $240,2572019Revenue 2020: $2,208,158Expenses 2020: $2,073,446Net Income 2020: $134,7122020Revenue 2021: $2,151,322Expenses 2021: $1,860,027Net Income 2021: $291,2952021Revenue 2022: $2,227,287Expenses 2022: $1,919,518Net Income 2022: $307,7692022Revenue 2023: $2,626,945Expenses 2023: $2,431,569Net Income 2023: $195,3762023Revenue 2024: $4,442,368Expenses 2024: $3,494,368Net Income 2024: $948,0002024

Highlighted filing

2024

Revenue$4,442,368
Expenses$3,494,368
Net Income$948,000

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 3, 2025
Return Version
2024v5.2
Gross Receipts
$4,442,368
Mission and Program Overview

Mission

To encourage thrift among its members, to create sources of credit at fair and reasonable rates of interest, and to provide an opportunity for its members to use and control their resources on a democratic basis in order to improve their economic and social conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$45,638,871$44,456,980▼ $1,181,891
Savings and Temporary Cash Investments$12,306,609$16,097,505▲ $3,790,896
Land, Buildings, and Equipment, Net$705,301$235,819▼ $469,482
Cash and Non-Interest-Bearing Accounts$148,170$162,510▲ $14,340
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$59,456,487$61,629,716▲ $2,173,229
Other Assets Total$657,536$676,902▲ $19,366
Liabilities
Other Liabilities$53,302,658$54,483,647▲ $1,180,989
Accounts Payable and Accrued Expenses$56,783$101,023▲ $44,240
Total Liabilities$53,359,441$54,584,670▲ $1,225,229
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,097,046$4,045,046▲ $948,000
Net Assets With Donor Restrictions$3,000,000$3,000,000→ $0
Total Net Assets Fund Balance$6,097,046$7,045,046▲ $948,000
Total Liabilities and Net Assets / Fund Balance$59,456,487$61,629,716▲ $2,173,229

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$118,143$451,722$569,865
Other Land Buildings$117,676-$117,676
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Thomas GourdinPresidentFT$180,093$180,093
Gary McmullinVice PresidentFT$120,464$120,464

Board Members and Trustees

NameTitle
Brad WardleDirector
Clair BaldwinDirector
Dawayne CoombsDirector
Eldon FarnsworthDirector
Greg RyndersDirector
Jeremy CraftDirector
Marc MacelreathDirector
Marty PetersonDirector
Paul SullivanDirector
Ron MorrisDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,070,968
Investment Income
$371,400
Other Revenue
$0
Change in Net Assets
$948,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,572,539
Salaries, Compensation, and Employee Benefits$921,829
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$616,272--$616,272
Occupancy$522,075--$522,075
Office Expenses$509,216--$509,216
Current Officers, Directors, Trustees, and Key Employees$305,557--$305,557
Other Expenses$65,000--$65,000
All Other Expenses$60,043--$60,043
Travel$991--$991
Total Functional Expenses$3,494,368$0$0$3,494,368
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares of All Types$50,098,647
Nonmember Shares$4,385,000
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
Yes
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

Members of the credit union are required to maintain at least $25 in a share account at all times to qualify for membership.

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

The president of the credit union, thomas gourdin, performed a review of the form 990 before it was filed with the internal revenue service.

Form 990, Part VI, Section B, Line 15A

The board of directors reviews the salary range, and the actual salary of the ceo on an annual basis. The salary range is compared to like sized credit union's. If warranted, the board approves changes to the ceo's salary, and to the salary range for the position of ceo.

Form 990, Part VI, Section C, Line 19

The organization posts financial information in its office and on ncua.gov.

Filing and Contact Details

Filer

Filer Name
Firefighters Credit Union
EIN
87-0172462
Phone
8014873219
Address
280 E 12300 S 104, Draper, UT 84020

Signing Officer

Name
Thomas R Gourdin
Title
President
Signed
2025-07-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas R Gourdin
Formed
1929
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
9
Employees
11
Volunteers
13

Preparer

Firm
Dickson and Company Inc
Address
455 East 500 South Suite 400, Salt Lake City, UT 84106
Preparer
Russell Dickson
Phone
8018596545
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IRS990/OtherExpensesGrp/Desc0DIVIDENDS ON SHARES
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2EDUCATIONAL AND PROMOTIONAL
IRS990/OtherExpensesGrp/Desc3PROFISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/ProgramServicesAmt01043709
IRS990/OtherExpensesGrp/ProgramServicesAmt1303308
IRS990/OtherExpensesGrp/ProgramServicesAmt268197
IRS990/OtherExpensesGrp/ProgramServicesAmt365000
IRS990/OtherExpensesGrp/TotalAmt01043709
IRS990/OtherExpensesGrp/TotalAmt1303308
IRS990/OtherExpensesGrp/TotalAmt268197
IRS990/OtherExpensesGrp/TotalAmt365000
IRS990/OtherLiabilitiesGrp/BOYAmt053302658
IRS990/OtherLiabilitiesGrp/EOYAmt054483647
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0616272
IRS990/OtherSalariesAndWagesGrp/TotalAmt0616272
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt045638871
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt044456980
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0THOMAS R GOURDIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEES AND OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc1INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01742962
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12328006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01742962
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12328006
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0226932
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01581961
IRS990/PYProgramServiceRevenueAmt02400013
IRS990/PYRevenuesLessExpensesAmt0195376
IRS990/PYSalariesCompEmpBnftPaidAmt0849608
IRS990/PYTotalExpensesAmt02431569
IRS990/PYTotalRevenueAmt02626945
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0948000
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012306609
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016097505
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0118143
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0451722
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0569865
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0117676
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0117676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050098647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14385000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES OF ALL TYPES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NONMEMBER SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0235819
IRS990ScheduleD/TotalLiabilityAmt054483647
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0180093
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS GOURDIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180093
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE CREDIT UNION ARE REQUIRED TO MAINTAIN AT LEAST $25 IN A SHARE ACCOUNT AT ALL TIMES TO QUALIFY FOR MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT OF THE CREDIT UNION, THOMAS GOURDIN, PERFORMED A REVIEW OF THE FORM 990 BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE SALARY RANGE, AND THE ACTUAL SALARY OF THE CEO ON AN ANNUAL BASIS. THE SALARY RANGE IS COMPARED TO LIKE SIZED CREDIT UNION'S. IF WARRANTED, THE BOARD APPROVES CHANGES TO THE CEO'S SALARY, AND TO THE SALARY RANGE FOR THE POSITION OF CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION POSTS FINANCIAL INFORMATION IN ITS OFFICE AND ON NCUA.GOV.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt059456487
IRS990/TotalAssetsEOYAmt061629716
IRS990/TotalAssetsGrp/BOYAmt059456487
IRS990/TotalAssetsGrp/EOYAmt061629716
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03494368
IRS990/TotalFunctionalExpensesGrp/TotalAmt03494368
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt053359441
IRS990/TotalLiabilitiesEOYAmt054584670
IRS990/TotalLiabilitiesGrp/BOYAmt053359441
IRS990/TotalLiabilitiesGrp/EOYAmt054584670
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06097046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07045046
IRS990/TotalProgramServiceRevenueAmt04070968
IRS990/TotalReportableCompFromOrgAmt0300557
IRS990/TotalRevenueGrp/ExclusionAmt0371400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04070968
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04442368
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt059456487
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt061629716
IRS990/TravelGrp/ProgramServicesAmt0991
IRS990/TravelGrp/TotalAmt0991
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.FIREFIGHTERSCU.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS R GOURDIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIREFIGHTERS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FIRE
ReturnHeader/Filer/EIN0870172462
ReturnHeader/Filer/PhoneNum08014873219
ReturnHeader/Filer/USAddress/AddressLine1Txt0280 E 12300 S 104
ReturnHeader/Filer/USAddress/CityNm0Draper
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084020
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260476748
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DICKSON AND COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 East 500 South Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salt Lake City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084106
ReturnHeader/PreparerPersonGrp/PhoneNum08018596545
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Russell Dickson
ReturnHeader/ReturnTs02025-07-07T14:58:41-07:00
ReturnHeader/ReturnTypeCd0990

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