Frontier Community Credit Union

Organization Overview

Frontier Community Credit Union is located in Leavenworth, KS. As of 12/2023, Frontier Community Credit Union employed 85 individuals. Frontier Community Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2023, Frontier Community Credit Union generated $11.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $12.5m during the year ending 12/2023. While expenses have increased by 12.7% 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 2018, Frontier Community Credit Union has awarded 16 individual grants totaling $154,600. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

AS A MEMBER OWNED FINANCIAL COOPERATIVE, OUR MISSION IS: TO PROVIDE FINANCIAL PRODUCTS AND SERVICES IN A PROFESSIONAL, FRIENDLY, AND CONVENIENT ATMOSPHERE THROUGH INNOVATION, TECHNOLOGY, AND COST EFFECTIVE PRODUCTS. TO ENCOURAGE AND EDUCATE OUR MEMBERS IN METHODS TO MANAGE AND CONTROL THEIR FINANCIAL WELL BEING. TO APPLY SAFE AND SOUND FINANCIAL MANAGEMENT POLICIES TO ENSURE THE CREDIT UNION'S CONTINUED GROWTH, BY MAINTAINING ADEQUATE OPERATING CONTROLS, CAPITAL RESERVES, AND LIQUIDITY AT ALL TIMES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 17,748 MEMBERS.


PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2023, THERE WERE 13,803 LOANS OUTSTANDING TOTALING $152,074,956.


PAID DIVIDENDS AND INTEREST ON DEPOSITS TOTALING $2,344,241 FOR THE YEAR.


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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$1,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,500
Total Program Service Revenue$11,193,799
Investment income $803,858
Tax Exempt Bond Proceeds $0
Royalties $30,417
Net Rental Income $0
Net Gain/Loss on Asset Sales -$152,512
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,877,062

Grants Awarded

Over the last fiscal year, Frontier Community Credit Union has awarded $18,944 in support to 2 organizations.

Grant RecipientAmount

LEAVENWORTH INTERFAITH COMMUNITY OF HOPE INC

PURPOSE: SUPPORT THE EFFORTS TO IMPROVE THE QUALITY OF LIFE FOR THE HOMELESS IN THE COMMUNITY

$12,400

TEAM FIDELIS INC

PURPOSE: SUPPORT THE EFFORTS TO END THE EPIDEMIC OF VETERAN SUICIDE BY RAISING AWARENESS, PROVIDING A BRIDGE OF HOPE AND BUILDING CAMARADERIE BETWEEN VETERANS AND THEIR COMMUNITY

$6,544
View Grant Profile

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