AURORA FIREFIGHTERS CREDIT UNION

EIN: 362491990 Public & Societal Benefit

AURORA, IL

Total Revenue
$129,783
Total Expenses
$85,644
Total Assets
$2,521,971
Net Assets
$329,007
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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
1939
Legal Domicile
IL
Principal Officer
Cletus A Rettenmeier
Phone
6308927220
Tax Period
2023-01-01 to 2023-12-31

AURORA FIREFIGHTERS CREDIT UNION, founded in 1939, is a micro nonprofit in the Public & Societal Benefit sector that reported $78K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $16K, a strong 20% operating margin.

Mission

CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $96,031
Investment Income $33,752
Other Revenue $0
TOTAL REVENUE $129,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,243
Fundraising Expenses $0
Other Expenses $48,401
TOTAL EXPENSES $85,644

Year-over-Year Comparison

2023 2022 Change
Revenue $129,783 $84,821 +0.5%
Expenses $85,644 $77,741 +0.1%
Net Income $44,139 $7,080 +5.2%
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
11
Independent Members
11
Employees
3
Volunteers
20

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
5
$12,960
Total Directors
11
$0
Key Employees
1
$12,960
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phillip Bergeron Chairman 6.00
Officer Director
$0 $0 $0
Raymond Garner Vice-Chairman 1.00
Officer Director
$0 $0 $0
Robert Dunn Secretary 2.00
Officer Director
$0 $0 $0
Cletus Rettenmeier Treasurer 6.00
Officer Director
$0 $0 $0
Steven Malatia Director 1.00
Director
$0 $0 $0
Andrew Pauley Director 1.00
Director
$0 $0 $0
Steven Koeberl Director 1.00
Director
$0 $0 $0
John Bonior Director 1.00
Director
$0 $0 $0
Ricardo Torres Director 1.00
Director
$0 $0 $0
David Rygh Director 1.00
Director
$0 $0 $0
David Dacanay Director 1.00
Director
$0 $0 $0
Denine Chambers Chief Operations Officer 15.00
Officer Key Emp
$12,960 $0 $12,960
Conni Fancsali Head Teller 20.00
Highest
$13,408 $0 $13,408
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
2024 No data No data No data No data
2023 $129,783 $85,644 $2,521,971 $44,139
2022 $84,821 $77,741 $2,443,288 $7,080
2021 $97,048 $79,349 $2,444,495 $17,699
2020 $91,074 $84,070 $2,215,152 $7,004
2019 $96,250 $74,609 $2,092,991 $21,641
2018 $78,342 $62,771 $2,046,820 $15,571
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