1. Directory
  2. New Mexico
  3. Albuquerque
  4. Credit Unions in the State of New M
EIN 85-0102571

Credit Unions in the State of New M

IRS 501(c) type
501(c)(14)
Num. employees
107
City
Albuquerque
State
New Mexico
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Non-profit cooperative financial institutions that promote thrift, offer credit at lower rates, and invest earnings as allowed by the NCUA.
Related structure
Credit Unions in the State of New M is child organization, under the parent exemption from Credit Unions in the State of New Mexico.
Also known as...
Credit Unions in the State of New M First Financial Credit Union; First Financial Credit Union
Total revenues
$50,914,383
2022
Total expenses
$43,279,543
2022
Total assets
$861,940,972
2022
Num. employees
107
2022

Program areas at Credit Unions in the State of New M

Interest is charged at market rates to members to provide revenue to pay for the cost of the funds.
Earnings from the investments. the excess of funds received from members, over the amount loanded to members, as well as accumulated surplus, is invested in securities allowed by the ncua, and the Credit Union's governing documents.
Fees and charges are assessed to members for Financial services. These fees generate the revenue necessary to pay the costs to provide these services.

Personnel at Credit Unions in the State of New M

NameTitleCompensation
Ronald MooreheadPresident and Chief Executive Officer / President / Interim Chief Executive Officer and Chief Financial Officer$1,280,490
Karen OrtizExecutive Vice President and Chief Operating Officer$281,717
Yvone Alaniz-CarpeChief Financial Officer$115,258
Steve CoffeyChief Information Officer / Vice President of It$193,873
Gavin GilletteSenior Vice President of Administration$209,672
...and 12 more key personnel

Financials for Credit Unions in the State of New M

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$46,562,867
Investment income and dividends$1,933,292
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,418,224
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$50,914,383

Form 990s for Credit Unions in the State of New M

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-02-10990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s
Data update history
January 10, 2024
Updated personnel
Identified 6 new personnel
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
Address
4910 Union Way Ne
Albuquerque, NM 87107
Metro area
Albuquerque, NM
Website URL
ffnm.com/ 
Phone
(505) 462-1115
IRS details
EIN
85-0102571
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
Free account sign-up

Want updates when Credit Unions in the State of New M has new information, or want to find more organizations like Credit Unions in the State of New M?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy