COMMUNITY FIRST CREDIT UNION INC

EIN: 340813484

Ashtabula, OH

Total Revenue
$4,621,083
Total Expenses
$3,894,381
Total Assets
$96,169,986
Net Assets
$13,261,874
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
OH
Principal Officer
Mark DeGeorge
Phone
4409975919
Tax Period
2025-01-01 to 2025-12-31

COMMUNITY FIRST CREDIT UNION INC, founded in 1955, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $727K, a strong 16% operating margin.

Mission

Community First Credit Union, Inc. is a financial institution cooperative organized to provide loan and deposit products and services for the member owners.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,155,310
Investment Income $1,465,773
Other Revenue $0
TOTAL REVENUE $4,621,083

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,343,514
Fundraising Expenses $0
Program Expenses $3,307,438
Other Expenses $2,550,867
TOTAL EXPENSES $3,894,381

Year-over-Year Comparison

2025 2024 Change
Revenue $4,621,083 $3,986,299 +0.2%
Expenses $3,894,381 $3,710,327 +0.0%
Net Income $726,702 $275,972 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
17
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
7
$0
Key Employees
2
$350,283
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark DeGeorge Chief Executive Officer 40
Key Emp Highest
$153,476 $40,800 $194,276
Phil Pawlowski Chief Financial Officer 40
Key Emp
$106,807 $49,200 $156,007
Michael Fitchet Chairperson of Board 1
Director
$0 $0 $0
Joanne Prickett Vice Chairperson of Board 1
Director
$0 $0 $0
Mary Zappitelli Treasurer/Secretary of Board 1
Director
$0 $0 $0
Connie Peet Director 1
Director
$0 $0 $0
Mark Astorino Director 1
Director
$0 $0 $0
Steve Cervas Director 1
Director
$0 $0 $0
Lisa Hawkins Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,621,083 $3,894,381 $96,169,986 $726,702
2024 $3,986,299 $3,710,327 $93,442,029 $275,972
2023 $3,451,816 $3,308,130 $92,812,032 $143,686
2022 $2,912,524 $2,909,216 $100,431,742 $3,308
2021 $2,733,229 $2,645,092 $99,249,182 $88,137
2020 $2,927,236 $2,704,734 $89,464,268 $222,502
2019 $3,075,300 $2,577,384 $77,472,453 $497,916
2018 $2,941,376 $2,666,518 $74,023,782 $274,858
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