First Choice Credit Union Inc

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Details

According to its Dec. 2016 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$505,870
Expenses
$456,098
Net Income
$49,772
Net Assets
$17,348,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $387,541
76.6%
Investment Income $118,329
23.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $142,730
31.3%
Assets/Debt
Total Assets $17,348,240
Total Liabilities $0
Net Assets $17,348,240
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nathan Kaup (Board Member) $0 $0 $0
Lynn Grunden (Treasurer) $0 $0 $0
Lucy Gaerke (Board Member) $0 $0 $0
Andy Kremer (Board Member) $0 $0 $0
Ron Muhlenkamp (Vice President) $0 $0 $0
Erica Ranly (Secretary) $0 $0 $0
Tim Hart (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$461,436
Expenses
$402,428
Net Income
$59,008
Net Assets
$15,824,824
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $376,388
81.6%
Investment Income $85,048
18.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $133,730
33.2%
Assets/Debt
Total Assets $15,903,898
Total Liabilities $79,074
Net Assets $15,824,824
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jim Wermert (Board Member) $0 $0 $0
Ronald Muhlenkamp (Board Member) $0 $0 $0
Erica Ranly (Board Member) $0 $0 $0
Doug Bertke (Vice President) $0 $0 $0
Stacy Jones (Secretary) $0 $0 $0
Tim Hart (President) $0 $0 $0
Lynn Grunden (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$437,782
Expenses
$387,934
Net Income
$49,848
Net Assets
$15,074,762
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $374,848
85.6%
Investment Income $62,934
14.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $132,559
34.2%
Assets/Debt
Total Assets $15,109,771
Total Liabilities $35,009
Net Assets $15,074,762
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jim Wermert (Board Member) $0 $0 $0
Doug Bertke (Board Member) $0 $0 $0
Kurt Wendel (Board Member) $0 $0 $0
Tim Hart (President) $0 $0 $0
Pat Large (Vice Chairman) $0 $0 $0
Lynn Grunden (Treasurer) $0 $0 $0
Thomas Severt (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$418,462
Expenses
$399,584
Net Income
$18,878
Net Assets
$13,907,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $350,838
83.8%
Investment Income $67,624
16.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $125,311
31.4%
Assets/Debt
Total Assets $14,021,921
Total Liabilities $114,462
Net Assets $13,907,459
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kurt Wendel (President) $0 $0 $0
Tom Severt (Vice Chairman) $0 $0 $0
Lynn Schwieterman (Treasurer) $0 $0 $0
Timothy Hart (Secretary) $0 $0 $0
Doug Bertke (Board Member) $0 $0 $0
Janice Wenning (Director) $0 $0 $0
Pat Large (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$418,473
Expenses
$392,352
Net Income
$26,121
Net Assets
$13,735,537
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $342,990
82.0%
Investment Income $75,483
18.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $125,169
31.9%
Assets/Debt
Total Assets $13,799,919
Total Liabilities $64,382
Net Assets $13,735,537

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$425,080
Expenses
$363,180
Net Income
$61,900
Net Assets
$12,252,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $330,050
77.6%
Investment Income $95,030
22.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $117,325
32.3%
Assets/Debt
Total Assets $12,322,640
Total Liabilities $69,962
Net Assets $12,252,678

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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