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First Class American Credit Union

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Organization summary might be incomplete or out of date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.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$947k (2021)

Expenses
$1.37M (2021)

Total Assets
$0 (2021)

Total Liabilities
$0 (2021)

Source: Form 990 tax filings from 2011 to 2021

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 April
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$947,349
Expenses
$1,371,171
Net Income
-$423,822
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $934,058
98.6%
Investment Income $5,807
0.6%
Bond Proceeds $0
Royalties $1,025
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,459
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $86,044
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $313,544
22.9%
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ce) $81,257 $0 $4,787
Ed Duris (Board Member) $0 $0 $0
Christie Fite (Secretary) $0 $0 $0
Kelly Ingersol (Chairperson/) $0 $0 $0
Anthony Sanchez (Vice Chairma) $0 $0 $0
Jodie Sanders (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,986,795
Expenses
$2,874,976
Net Income
$111,819
Net Assets
$4,139,887
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,929,079
98.1%
Investment Income $30,625
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,091
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $166,272
5.8%
Professional Fundraising Fees $0
Other Salaries and Wages $803,079
27.9%
Assets/Debt
Total Assets $60,962,918
Total Liabilities $56,823,031
Net Assets $4,139,887
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $166,272 $0 $9,794
Kelly Ingersol (Chairperson/Treas.) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Christie Fite (Secretary) $0 $0 $0
Ed Duris (Board Member) $0 $0 $0
Jodie Sanders (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,920,629
Expenses
$3,201,250
Net Income
-$280,621
Net Assets
$4,028,068
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,758,345
94.4%
Investment Income $130,841
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,443
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $175,907
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,006,650
31.4%
Assets/Debt
Total Assets $57,348,882
Total Liabilities $53,320,814
Net Assets $4,028,068
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $166,176 $0 $9,731
Ed Duris (Director) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Jodie Sanders (Director) $0 $0 $0
Christi Fite (Secretary) $0 $0 $0
Kelly Ingersoll (Chair/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,910,521
Expenses
$3,322,929
Net Income
-$412,408
Net Assets
$4,308,689
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,820,708
96.9%
Investment Income $62,856
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,957
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $171,952
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,089,111
32.8%
Assets/Debt
Total Assets $55,644,604
Total Liabilities $51,335,915
Net Assets $4,308,689
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $160,593 $0 $11,359
Ed Duris (Director) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Jodie Sanders (Director) $0 $0 $0
Christi Fite (Secretary) $0 $0 $0
Kelly Ingersoll (Chair/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,661,313
Expenses
$2,517,288
Net Income
$144,025
Net Assets
$4,721,097
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,495,918
93.8%
Investment Income $140,887
5.3%
Bond Proceeds $0
Royalties $3,202
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,306
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $359,674
14.3%
Professional Fundraising Fees $0
Other Salaries and Wages $788,679
31.3%
Assets/Debt
Total Assets $54,757,088
Total Liabilities $50,035,991
Net Assets $4,721,097
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $156,918 $0 $18,089
Royal Dean Barnes Jr (Coo) $85,467 $0 $5,434
Alfred Saker (Controller) $83,292 $0 $10,474
Ed Duris (Director) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Mark Sims (Director) $0 $0 $0
Christi Fite (Secretary) $0 $0 $0
Kelly Ingersoll (Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,461,913
Expenses
$2,289,236
Net Income
$172,677
Net Assets
$4,577,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,271,529
92.3%
Investment Income $172,592
7.0%
Bond Proceeds $0
Royalties $2,022
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,770
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $258,579
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $771,443
33.7%
Assets/Debt
Total Assets $50,952,405
Total Liabilities $46,375,333
Net Assets $4,577,072
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $141,780 $0 $22,706
Alfred Saker (Controller) $45,503 $0 $5,328
Cameron Newfarmer (Cfo) $27,998 $0 $3,777
Royal Dean Barnes Jr (Coo) $20,638 $0 $493
Lioyd Johnson (Chairman) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Mark Sims (Director) $0 $0 $0
Christi Fite (Director) $0 $0 $0
Kelly Ingersoll (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,450,206
Expenses
$2,162,512
Net Income
$287,694
Net Assets
$4,404,395
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,274,031
92.8%
Investment Income $160,630
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,545
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $163,759
7.6%
Professional Fundraising Fees $0
Other Salaries and Wages $744,228
34.4%
Assets/Debt
Total Assets $48,914,000
Total Liabilities $44,509,605
Net Assets $4,404,395
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $163,759 $0 $0
Ed Duris (Chairman) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Mark Sims (Director) $0 $0 $0
Christi Fite (Director) $0 $0 $0
Kelly Ingersoll (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,408,816
Expenses
$2,148,158
Net Income
$260,658
Net Assets
$4,116,701
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,220,913
92.2%
Investment Income $172,514
7.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,389
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $139,668
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $759,533
35.4%
Assets/Debt
Total Assets $46,166,429
Total Liabilities $42,049,728
Net Assets $4,116,701
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $139,668 $0 $0
Ed Duris (Chairman) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Lloyd Johnson (Treasurer) $0 $0 $0
Christi Fite (Director) $0 $0 $0
Kelly Ingersoll (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,343,668
Expenses
$2,105,839
Net Income
$237,829
Net Assets
$3,856,044
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,128,935
90.8%
Investment Income $175,222
7.5%
Bond Proceeds $3,445
0.1%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,066
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $45,016,679
Total Liabilities $41,160,635
Net Assets $3,856,044
Compensation
Key Employees and Officers Compensation Related Other
Nancy Croix Stroud (President/Ceo) $110,674 $0 $14,155
Ed Duris (Chairman) $0 $0 $0
Anthony Sanchez (Vice Chairman) $0 $0 $0
Lloyd Johnson (Treasurer) $0 $0 $0
Christie Fite (Director) $0 $0 $0
Mark Sims (Director) $0 $0 $0
Kelly Ingersoll (Advisory Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,328,418
Expenses
$2,192,370
Net Income
$136,048
Net Assets
$3,618,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,129,206
91.4%
Investment Income $160,770
6.9%
Bond Proceeds $0
Royalties $3,288
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,154
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,843
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $703,336
32.1%
Assets/Debt
Total Assets $42,926,018
Total Liabilities $39,307,803
Net Assets $3,618,215

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,594,402
Expenses
$2,474,861
Net Income
$119,541
Net Assets
$3,482,167
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,368,371
91.3%
Investment Income $177,456
6.8%
Bond Proceeds $0
Royalties $7,100
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $41,475
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $120,301
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $737,785
29.8%
Assets/Debt
Total Assets $43,265,286
Total Liabilities $39,783,119
Net Assets $3,482,167

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

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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