YOUNGSTOWN FIREFIGHTERS CREDIT UNION INC 591

Address
3408 CANFIELD RD STEA
YOUNGSTOWN, OH 44511-2702
Contact
Phone: +1 (330) 793-4355
Nonprofit
NTEE: M24 - Fire Prevention, Protection, Control
EIN: 34-0801783

Mission

THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO QUALIFIED MEMBERS. TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS, AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE-BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS "SHAREHOLDERS."
 20142013201220112010
Basic features of the organization
Year of formation1954
Metropolitan statistical area9320
Form of organization
Other form of orgTrue
Description of other form of orgCU
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation    $22,678.00
Number of employees    3
Number of volunteers    10
Personnel
Flynn, James
Title    DIRECTOR
Name of key/compensated person    JAMES FLYNN
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Kodash, John
Title    CEO-TREASURE
Name of key/compensated person    JOHN F KODASH
Position of compensated person
Average hours per week working for org    18.00
Reportable compensation from org    $22,678.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
McGuire, Philip
Title    PRESIDENT
Name of key/compensated person    PHILIP MCGUIRE
Position of compensated person
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Zamary, John
Title    DIRECTOR
Name of key/compensated person    JOHN ZAMARY
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activities    THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO QUALIFIED MEMBERS. TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS, AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE-BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS "SHAREHOLDERS."
Programs, including revenue & expenses
DIRECT LABOR AND RELATED PAYROLL COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING THE LOAN PORTFOLIO FOR MEMBERS.
Program description    DIRECT LABOR AND RELATED PAYROLL COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING THE LOAN PORTFOLIO FOR MEMBERS.
DIVIDENDS TO MEMBERS ON DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 673 MEMBERS.
Program description    DIVIDENDS TO MEMBERS ON DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 673 MEMBERS.
PREMIUMS FOR LIFE SAVINGS AND BORROWERS INSURANCE PROVIDED TO MEMBERS
Program description    PREMIUMS FOR LIFE SAVINGS AND BORROWERS INSURANCE PROVIDED TO MEMBERS
Financial data
Revenue
Total revenue    $144,241.00
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr    $80,945.00
Total revenue from grants, etc., current yr    $0.00
Total unrelated business revenue    $0.00
Other revenue, current yr    $0.00
Program service revenue (total)$32,874.00$42,945.00$44,966.00$51,926.00$63,296.00
Gross receipts    $144,241.00
Other types of revenue
Income from dividends, interest, and similar investments    $80,945.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all    $122,483.00
Total functional expenses: program service     $0.00
Total functional expenses: management and general    $0.00
Total functional expenses: fundraising    $0.00
Fees for services
Legal fees (total)    $171.00
Fundraising service fees (total)    $0.00
Assets and liabilities
Total assets$3,130,424.00$3,267,387.00$3,390,920.00$3,412,299.00$3,639,228.00
Total assets, beginning of year    $3,660,814.00
Total liabilities$4,060.00$1,843,649.00$1,957,447.00$1,980,445.00$2,216,379.00
Total liabilities, beginning of year    $2,259,724.00
Net assets    $1,422,849.00
Net assets, beginning of year    $1,401,090.00
Other liabilities    $2,213,184.00
Other assets    $24,015.00
Investments: other securities    $1,414,928.00
Cash: non-interest bearing    $26,220.00
Cash: non-interest bearing, beginning of year    $26,879.00
Investments -- program-related    $1,362,592.00
Other financial variables
Revenue less expenses    $21,758.00
Advertising (total)    $2,304.00
Prepaid expenses & deferred charges    $4,246.00
Accounts payable & accrued expenses    $3,195.00
Total net assets or fund balances    $1,422,849.00
Depreciation, depletion, amortization    $590.00
Governance and accountability
Number of voting members    5
Number of independent voting members    5
Accrual accounting    True
Tax year start date    2010-01-01
Tax year end date2014-12-012013-12-012012-12-012011-12-012010-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF    990
Date e-filing submitted    2011-10-31
IRS schema version    2010v3.2
Filing identifier    201142139349300414
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