Firstmark Credit Union Foundation is located in San Antonio, TX. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Firstmark Credit Union Foundation 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 12/2021, Firstmark Credit Union Foundation generated $26.3k in total revenue. All expenses for the organization totaled $13.5k during the year ending 12/2021. While expenses have increased by 47.4% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO OPERATE PROGRAMS RELATED TO IMPROVING ACADEMIC OUTCOMES, PARTICULARLY ACADEMIC OUTCOMES OF CHILDREN IN LOW INCOME FAMILIES RESIDING IN THE COMMUNITIES SERVED BY FIRSTMARK CREDIT UNION. GIVEN THAT POOR ACADEMIC PERFORMANCE IS CLOSELY CORRELATED WITH POOR HEALTH AND NUTRITION, HOUSING INSECURITY, AND UNSAFE NEIGHBORHOODS, THE FOUNDATION MAY ENGAGE IN THE DIRECT OPERATION OF PROGRAMS DESIGNED TO COMBAT THESE RISK FACTORS, SUCH AS HEALTH AND WELLNESS PROGRAMS, ACADEMIC ENRICHMENT PROGRAMS, COMMUNITY IMPROVEMENT PROGRAMS, AND THE PROVISION OF QUALITY AFFORDABLE HOUSING TO LOW INCOME FAMILIES AT OR BELOW COST. ALL SERVICES ARE PROVIDED AT NO COST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathanael Tarwasokono Dir. Chairma | 1 | $0 | |
Veronica Teran Dir./treasur | 1 | $0 | |
Dawn Sloans Fmr Exec. Di | 1 | $0 | |
Michelle Akers Dir./secreta | 1 | $0 | |
Gregg Thorne Director | 1 | $0 | |
Mike Grundon Dir,/vice Ch | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $26,252 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $26,252 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $11,022 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $13,522 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,730 |
Other assets | $0 |
Total assets | $12,730 |
Total liabilities | $0 |
Net assets or fund balances | $12,730 |
Over the last fiscal year, we have identified 1 grants that Firstmark Credit Union Foundation has recieved totaling $11,022.
Awarding Organization | Amount |
---|---|
Firstmark Credit Union San Antonio, TX PURPOSE: DONATIONS | $11,022 |
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