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Community First Credit Union

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 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.

Summary charts: organization finances over time

Revenue
$43.5M (2023)

Expenses
$40.2M (2023)

Total Assets
$817M (2023)

Total Liabilities
$743M (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,498,880
Expenses
$40,241,977
Net Income
$3,256,903
Net Assets
$74,080,990
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $37,803,041
86.9%
Investment Income $5,695,839
13.1%
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 $2,748,095
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $9,905,391
24.6%
Assets/Debt
Total Assets $816,808,644
Total Liabilities $742,727,654
Net Assets $74,080,990
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Scott Johnson (Ceo) $560,305 $0 $45,316
Fitzgerald Reyes (Cfo) $281,902 $0 $48,057
Monika Besancon (Coo) $257,111 $0 $36,220
Andrew Dickhut (Cmo) $232,887 $0 $26,949
Jay Hufford Former (Cro) $180,520 $0 $9,019
Cary Shumway (Clo) $168,210 $0 $12,078
Katrice Collins (Vp Mortgage Lending) $165,080 $0 $10,478
Sara Griggs (Cpo) $159,511 $0 $21,237
John Peterson (Avp Branch Infrastructure) $157,893 $0 $33,205
Christopher Kraemer (Cio) $157,246 $0 $36,800
Mario Carranza (Vp Consumer Lending) $154,520 $0 $18,780
Rosario Garza (Vp Digital Banking) $139,023 $0 $10,271
Kerrie Chambers (Director Mortgage Sales) $133,887 $0 $25,829
Carolyn Welch (Chair) $0 $0 $0
Jason Scott (Vice Chair) $0 $0 $0
Brian Cochran (Treasurer) $0 $0 $0
Carel Van Den Heuvel (Secretary) $0 $0 $0
Marrianne Mcbride (Director) $0 $0 $0
Arlene Colombini (Director) $0 $0 $0
John C Burke (Director) $0 $0 $0
Robert Scott (Director) $0 $0 $0
Tina Rivera (Director) $0 $0 $0
Zhao Cho Qiu (Supv Cmte Chair) $0 $0 $0
Roy Dajalos (Supv Cmte Member) $0 $0 $0
Kathleen De Chadenedes (Supv Cmte Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,766,136
Expenses
$28,206,770
Net Income
$8,559,366
Net Assets
$813,717,295
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,372,878
93.5%
Investment Income $2,200,085
6.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $193,173
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,242,115
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $9,281,908
32.9%
Assets/Debt
Total Assets $823,669,192
Total Liabilities $9,951,897
Net Assets $813,717,295
Compensation
Key Employees and Officers Compensation Related Other
Scott Johnson (Ceo) $459,066 $0 $12,761
Jay Hufford (Cro) $297,765 $0 $11,402
David Williams (Cmo) $222,516 $0 $3,902
Monika Besancon (Clo) $210,815 $0 $14,989
Andrew Dickhut (Cmo) $167,057 $0 $8,181
David Rhoades (Svp) $159,487 $0 $12,496
Katrice Collins (Vp) $147,482 $0 $11,185
John Peterson (Coo) $141,278 $0 $11,853
Chris Kraemer (Cio) $138,519 $0 $11,768
Sara Griggs (Cpo) $121,806 $0 $9,785
Fitzgerald Reyes (Cfo) $68,002 $0 $0
Brian Cochran (Treasurer) $0 $0 $0
Carolyn Welch (Chair) $0 $0 $0
Jason Scott (Vice Chair) $0 $0 $0
Carel Van Den Heuvel (Board Secretary) $0 $0 $0
John Burke (Director) $0 $0 $0
Arlene Colombini (Director) $0 $0 $0
Marrianne Mc Bride (Director) $0 $0 $0
Rob Scott (Director) $0 $0 $0
Tina Rivera (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,075,635
Expenses
$25,585,694
Net Income
$7,489,941
Net Assets
$755,854,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,864,965
99.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $210,670
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,451,624
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $7,550,653
29.5%
Assets/Debt
Total Assets $761,258,257
Total Liabilities $5,403,710
Net Assets $755,854,547
Compensation
Key Employees and Officers Compensation Related Other
Todd Sheffield (Former Ceo) $729,846 $0 $18,340
Dawn Leandro (Mlo) $277,778 $0 $27,137
Monika Besancon (Clo) $216,622 $0 $29,689
Scott E Johnson (Ceo) $200,457 $0 $0
Jay Hufford (Cro) $183,916 $0 $15,248
Hally Swan (Mlo) $181,305 $0 $15,721
Robert Fryer (Mlo) $179,209 $0 $13,027
David P Rhoades (Cfo) $170,934 $0 $19,744
David Williams (Cmo) $161,969 $0 $26,260
Chris Kraemer (Cio) $149,589 $0 $31,101
Robert Scott (Treasurer) $0 $0 $0
Arlene Colombini (Director) $0 $0 $0
Brian Cochran (Vice Chair) $0 $0 $0
Carl Vanden Heuvel (Secretary) $0 $0 $0
Carolyn Welch (Chair) $0 $0 $0
Jason Scott (Director) $0 $0 $0
Madelyn Holtkamp (Director) $0 $0 $0
Tina Rivera (Director) $0 $0 $0
John Burke (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,829,604
Expenses
$26,049,069
Net Income
$5,780,535
Net Assets
$645,352,249
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $31,612,403
99.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $217,201
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,869,896
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $6,985,584
26.8%
Assets/Debt
Total Assets $650,851,812
Total Liabilities $5,499,563
Net Assets $645,352,249
Compensation
Key Employees and Officers Compensation Related Other
Todd Sheffield (Ceo) $349,393 $0 $20,812
Dawn Leandro (Mlo) $297,646 $0 $14,180
Hally Swan (Mlo) $181,708 $0 $0
Susan Black (Mlo) $179,402 $0 $12,205
Robert Fryer (Mlo) $175,562 $0 $6,894
Monika Besancon (Clo) $174,627 $0 $10,189
Jay Hufford (Cro) $172,750 $0 $10,506
David P Rhoades (Cfo) $171,611 $0 $8,721
David Williams (Cmo) $167,198 $0 $9,981
John Burke (Chairperson) $0 $0 $0
Robert Scott (Director) $0 $0 $0
Arlene Colombini (Director) $0 $0 $0
Brian Cochran (Director) $0 $0 $0
Carl Vanden Heuvel (Treasurer) $0 $0 $0
Carolyn Welch (Director) $0 $0 $0
Jason Scott (Director) $0 $0 $0
Madelyn Holtkamp (Secretary) $0 $0 $0
Tina Rivera (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,807,777
Expenses
$24,606,472
Net Income
$5,201,305
Net Assets
$540,591,635
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,769,084
96.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,038,693
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,469,722
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $6,230,473
25.3%
Assets/Debt
Total Assets $546,009,212
Total Liabilities $5,417,577
Net Assets $540,591,635
Compensation
Key Employees and Officers Compensation Related Other
Todd Sheffield (Ceo) $315,292 $0 $27,333
David Rhoades (Cfo) $155,376 $0 $16,836
Jay Hufford (Cro) $153,344 $0 $14,533
David Williams (Chief Marketing / Hr) $144,409 $0 $22,440
John Peterson (Coo) $141,261 $0 $20,587
Monika Besancon (Clo) $139,842 $0 $25,760
Chris Kraemer (Cio) $128,187 $0 $25,926
Dawn Leandro (Mortgage Loan Officer) $121,154 $0 $17,442
John C Burke (Board Chairman) $0 $0 $0
Brian Cochran (Board Vice Chariman) $0 $0 $0
Carl Vanden Heuvel (Board Treasurer) $0 $0 $0
Madeline Holtkamp (Board Secretary) $0 $0 $0
Arlene Colombini (Director) $0 $0 $0
Cameron Reeves (Director) $0 $0 $0
Carolyn Welsh (Director) $0 $0 $0
Jason Scott (Director) $0 $0 $0
Monte Hill (Director) $0 $0 $0
Rob Scott (Director) $0 $0 $0
Tina Rivera (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,123,737
Expenses
$15,860,818
Net Income
$2,262,919
Net Assets
$468,874,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,534,033
91.2%
Investment Income $1,589,704
8.8%
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 $525,960
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,724,293
29.8%
Assets/Debt
Total Assets $474,209,867
Total Liabilities $5,335,864
Net Assets $468,874,003
Compensation
Key Employees and Officers Compensation Related Other
Todd Sheffield (President/Ceo) $162,010 $0 $0
David Rhoades (Cfo) $139,129 $0 $0
John Peterson (Coo) $124,639 $0 $0
Chris Kraemer (Cio) $100,182 $0 $0
Robert Scott (Director) $0 $0 $0
Arlene Colombini (Director) $0 $0 $0
Monte Hill (Director) $0 $0 $0
Cameron Reeves (Vice Chairman) $0 $0 $0
Carl Vanden Heuval (Chairman Of The Board) $0 $0 $0
Carolyn Welch (Treasurer) $0 $0 $0
John Burke (Director) $0 $0 $0
Madelyn Holtkamp (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,806,131
Expenses
$9,954,502
Net Income
$1,851,629
Net Assets
$227,890,374
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,634,229
90.1%
Investment Income $1,171,902
9.9%
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 $394,907
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,940,217
29.5%
Assets/Debt
Total Assets $230,465,074
Total Liabilities $2,574,700
Net Assets $227,890,374
Compensation
Key Employees and Officers Compensation Related Other
Richard Cooper (President/Ceo) $161,202 $0 $0
David Rhoades (Cfo) $129,303 $0 $0
John Peterson (Coo) $104,402 $0 $0
Robert Scott (Chairman Of The Board) $0 $0 $0
Arlene Colombini (Secretary Of The Board) $0 $0 $0
Monte Hill (Director) $0 $0 $0
Cameron Reeves (Director) $0 $0 $0
Dale Simpson (Director) $0 $0 $0
Carolyn Welch (Director) $0 $0 $0
John Burke (Director) $0 $0 $0
Madelyn Holtkamp (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,236,096
Expenses
$9,031,947
Net Income
$1,204,149
Net Assets
$214,235,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,249,614
90.4%
Investment Income $986,482
9.6%
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 $368,301
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,697,711
29.9%
Assets/Debt
Total Assets $216,155,472
Total Liabilities $1,919,595
Net Assets $214,235,877
Compensation
Key Employees and Officers Compensation Related Other
Richard Cooper (President/Ceo) $153,062 $0 $0
David Rhoades (Cfo) $114,091 $0 $0
John Peterson (Coo) $101,148 $0 $0
Robert Scott (Chairman Of The Board) $0 $0 $0
Larry Myers (Vice Chairman) $0 $0 $0
Arlene Colombini (Secretary Of The Board) $0 $0 $0
Monte Hill (Director) $0 $0 $0
Cameron Reeves (Director) $0 $0 $0
Dale Simpson (Director) $0 $0 $0
Carolyn Welch (Director) $0 $0 $0
John Burke (Director) $0 $0 $0
Madelyn Holtkamp (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,103,813
Expenses
$8,200,298
Net Income
$903,515
Net Assets
$185,542,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,343,912
91.7%
Investment Income $759,901
8.3%
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 $352,088
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,515,310
30.7%
Assets/Debt
Total Assets $187,951,494
Total Liabilities $2,408,527
Net Assets $185,542,967
Compensation
Key Employees and Officers Compensation Related Other
Richard Cooper (Presidentceo) $150,846 $0 $0
John Peterson (Chief Operating Officer) $101,324 $0 $0
David Rhoades (Chief Financial Officer) $99,918 $0 $0
Robert Scott (Chairman Of The Board) $0 $0 $0
Larry Myers (Vice Chairman Of The Board) $0 $0 $0
Arlene Colombini (Secretary Of The Board) $0 $0 $0
Karen Christopherson (Director) $0 $0 $0
Cameron Reeves (Director) $0 $0 $0
Monte Hill (Director) $0 $0 $0
Madelyn Holtkamp (Director) $0 $0 $0
Dale Simpson (Director) $0 $0 $0
John Burke (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,557,944
Expenses
$7,373,457
Net Income
$184,487
Net Assets
$172,615,742
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,055,924
93.4%
Investment Income $502,020
6.6%
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 $340,473
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,451,478
33.2%
Assets/Debt
Total Assets $174,036,495
Total Liabilities $1,420,753
Net Assets $172,615,742
Compensation
Key Employees and Officers Compensation Related Other
Richard Cooper (Presidentceo) $146,306 $0 $0
David Rhoades (Chief Financial Officer) $97,254 $0 $0
John Peterson (Chief Operating Officer) $96,913 $0 $0
Cameron Reeves (Chairman Of The Board) $0 $0 $0
Robert Scott (Vice Chairman) $0 $0 $0
Arlene Colombini (Secretary Of The Board) $0 $0 $0
Jack Daniels (Board Director) $0 $0 $0
Monte Hill (Board Director) $0 $0 $0
Karen Christopherson (Board Director) $0 $0 $0
Larry Myers (Board Director) $0 $0 $0
Dale Simpson (Board Director) $0 $0 $0
Gale Beachamp (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,887,327
Expenses
$6,886,787
Net Income
$540
Net Assets
$125,437,645
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,271,165
91.1%
Investment Income $616,162
8.9%
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 $333,550
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,926,998
28.0%
Assets/Debt
Total Assets $126,774,906
Total Liabilities $1,337,261
Net Assets $125,437,645

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,990,094
Expenses
$6,039,850
Net Income
$1,950,244
Net Assets
$115,796,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,500,000
18.8%
Program Services $5,920,173
74.1%
Investment Income $569,921
7.1%
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 $333,763
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,710,534
28.3%
Assets/Debt
Total Assets $117,093,762
Total Liabilities $1,297,586
Net Assets $115,796,176

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

Fiscal Year Ending Dec.
2008

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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