Fresno Police Department Credit Uni

Organization Overview

Fresno Police Department Credit Uni is located in Fresno, CA. The organization was established in 1961. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Fresno Police Department Credit Uni employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fresno Police Department Credit Uni 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, Fresno Police Department Credit Uni generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

FRESNO POLICE DEPARTMENT CREDIT UNION IS A NON-PROFIT FINANCIAL COOPERATIVE THAT PROVIDES FINANCIAL SERVICES FOR THEIR MEMBERS INCLUDING SAVINGS AND LOANS. THE GOAL OF THE CREDIT UNION IS TO CHARGE THE LEAST INTEREST ON THEIR LOANS AND PAY THE MOST FOR DEPOSITS TO ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREDIT UNION


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Board, Officers & Key Employees

Name (title)Compensation
Bob Shaffer
CEO
$150,898
Bill Trollinger
Vice Chairman
$0
Todd Fraizer
Secretary
$0
John Jensen
President
$0
John Conlee
Director
$0
Dean Cardinale
Treasurer
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$862,861
Investment income $657,990
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,520,851

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