Ssfcu Charitable Foundation Inc
- Assets
- $234.2k
- Revenue
- $216.3k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 03/2008
- Data as of
- 12/2023
- EIN
- 26-1114329
Organization Overview
Ssfcu Charitable Foundation Inc is located in San Antonio, TX. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ssfcu Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ssfcu Charitable Foundation Inc generated $216.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $161.8k during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ssfcu Charitable Foundation Inc has awarded 58 individual grants totaling $608,065. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SSFCU CHARITABLE FOUNDATION, INC. IS TO FURTHER SECURITY SERVICE FEDERAL CREDIT UNION'S CORE VALUE OF COMMUNITY SERVICE BY PROVIDING SUPPORT TO DESERVING ORGANIZATIONS AND CAUSES IN THE CREDIT UNION'S MARKET AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HELD A GOLF TOURNAMENT IN 2023 GENERATING $269,350 IN SPONSORSHIPS. THE FOUNDATION COMBINED THESE FUNDS WITH THE FUNDS GENERATED FROM THE CLAY SHOOT AND DONATED A TOTAL OF $153,200 TO THE FOLLOWING NON-PROFIT ORGANIZATIONS: AUTISM TREATMENT CENTER, $4,700; CONNECTABILITY, $2,000; MAGDALENA HOUSE, $5,000; MEALS ON WHEELS, $2,500; SALVATION ARMY OF SAN ANTONIO, $2,500; SAN ANTONIO PETS ALIVE, $2,500; SANTA ROSA CHILDREN'S HOSPITAL, $5,000; SNACK PAK 4 KIDS, $5,000; CATHOLIC CHARITIES OF RIO GRANDE VALLEY, $2,500; VALLEY HAVEN, $2,500; OPPORTUNITY CENTER FOR THE HOMELESS, $5,000; A PRECIOUS CHILD, $5,000; SAFE PASSAGE, $2,500; CHILDREN'S JUSTICE CENTER, $5,000; DOVE CENTER, $5,000; UTAH SCHOOL FOR THE DEAF & BLIND FOUNDATION, $5,000; YCC FAMILY CRISES CENTER, $2,500; AMERICAN RED CROSS CENTRAL AND SOUTH TEXAS, $2,500; BOYSVILLE, INC, $2,500; CHILDREN'S HUNGER FUND, $2,500; ENDEAVORS, $5,000; THE BATTERED WOMEN AND CHILDREN'S SHELTER, FVPS, INC., $5,000; GOLFERS FORE OTHERS, $2,500; HAVEN FOR HOPE KITCHEN C/O SA FOOD BANK, $2,500; MADONNA CENTER, INC., $5,000; NEW BRAUNFELS CHRISTIAN MINISTRIES, $2,500; TEXAS DIAPER BANK, $5,000; THRU PROJECT, $5,000; WISH FOR OUR HEROS, INC., $2,500; EPKICKS, $5,000; LS POBRES, INC., $5,000; REYNOLDS HOME, $5,000; LIVE THE VICTORY, INC. DBA THE MATTHEWS HOUSE, $5,000; COMMUNITY ACTION, $2,500; THE CHRISTMAS BOX INTERNATIONAL, $3,500; FOOD & CARE COALITION, $3,000; CORPUS CHRISTI METRO MINISTRIES, $5,000; BROWNSVILLE SOCIETY FOR CRIPPLED CHILDREN, DBA MOODY CLINIC, $5,000; THE WOMEN'S SHELTER OF SOUTH TEXAS DBA THE PURPLE DOOR, $2,500; THE SALVATION ARMY MCALLEN CORPS, $5,000.
THE FOUNDATION HELD A CLAY SHOOT IN 2023 GENERATING $84,152 IN SPONSORSHIPS. THESE FUNDS WERE COMBINED WITH THE FUNDS GENERATED BY THE GOLF TOURNAMENT AND SUBSEQUENTLY DONATED TO THE CHARITIES DESIGNATED IN THE GOLF TOURNAMENT SERVICE ACCOMPLISHMENT ON LINE 4A.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Laffoon President & Director | OfficerTrustee | 0.15 | $0 |
John T Cody Director | Trustee | 0.15 | $0 |
Brandy Ralston-Lint Treasurer & Director | OfficerTrustee | 0.15 | $0 |
Michael Cubeta Secretary & Director | OfficerTrustee | 0.15 | $0 |
Charles Goss Director | Trustee | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,944 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $196,373 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $216,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $153,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,723 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $161,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,102 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $7,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,636 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $234,238 |
| Accounts payable and accrued expenses | $962 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $962 |
| Net assets without donor restrictions | $233,276 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $234,238 |
Grants Awarded
Over the last fiscal year, Ssfcu Charitable Foundation Inc has awarded $16,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RESPITE CARE OF SAN ANTONIO PURPOSE: THIS DONATION WAS US | $6,500 |
HOMELESS VETERANS FELLOWSHIP PURPOSE: THIS DONATION PURCHA | $10,000 |