FIREFIGHTERS CREDIT UNION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1929

Legal Domicile

Principal Officer

THOMAS R GOURDIN

Phone

8014873219

Tax Period

2025-01-01 to 2025-12-31

FIREFIGHTERS CREDIT UNION, founded in 1929, is a community nonprofit in the Public & Societal Benefit sector that reported $3.5M in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $3.3M left a modest 6% surplus.

Mission

TO ENCOURAGE THRIFT AMONG ITS MEMBERS, TO CREATE SOURCES OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND TO PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR RESOURCES ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.

Program Service Accomplishments

Program 1

TO ENCOURAGE THRIFT AMONG ITS MEMBERS, TO CREATE SOURCES OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND TO PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR RESOURCES ON A...

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,866,748

Investment Income $647,715

Other Revenue $0

TOTAL REVENUE $3,514,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,084,629

Fundraising Expenses $0

Other Expenses $2,220,571

TOTAL EXPENSES $3,305,200

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,514,463	$4,442,368	-0.2%
Expenses	$3,305,200	$3,494,368	-0.1%
Net Income	$209,263	$948,000	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$325,504

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS GOURDIN	President	40.00	Officer	$188,963	$0	$188,963
GARY MCMULLIN	Vice President	40.00	Officer	$136,541	$0	$136,541
DAWAYNE COOMBS	Director	1.00	Director	$0	$0	$0
RON MORRIS	Director	1.00	Director	$0	$0	$0
MARC MACELREATH	Director	1.00	Director	$0	$0	$0
GREG RYNDERS	Director	1.00	Director	$0	$0	$0
ELDON FARNSWORTH	Director	1.00	Director	$0	$0	$0
CLAIR BALDWIN	Director	1.00	Director	$0	$0	$0
JEREMY CRAFT	Director	1.00	Director	$0	$0	$0
PAUL SULLIVAN	Director	1.00	Director	$0	$0	$0
BRAD WARDLE	Director	1.00	Director	$0	$0	$0
MARTY PETERSON	Director	1.00	Director	$0	$0	$0
CLINT SMITH	Director	1.00	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	$3,514,463	$3,305,200	$69,040,084	$209,263
2024	$4,442,368	$3,494,368	$61,629,716	$948,000
2023	$2,626,945	$2,431,569	$59,456,487	$195,376
2022	$2,227,287	$1,919,518	$59,236,814	$307,769
2021	$2,151,322	$1,860,027	$55,359,381	$291,295
2020	$2,208,158	$2,073,446	$50,696,583	$134,712
2019	$2,195,287	$1,955,030	$44,964,007	$240,257
2018	$2,060,291	$1,751,147	$45,585,725	$309,144