EIN 39-0269470

First Community Credit Union of Beloit

IRS 501(c) type
501(c)(14)
Num. employees
135
City
Year formed
1933
Most recent tax filings
2022-12-01
Description
Not-for-profit financial cooperative emphasizing service, long-term growth, and community giving. Offers loans, credit cards, and various financial services.
Related structure
First Community Credit Union of Beloit is a child organization, under an unknown parent.
Total revenues
$12,468,345
2022
Total expenses
$9,003,318
2022
Total assets
$262,733,735
2022
Num. employees
135
2022

Program areas at First Community Credit Union of Beloit

We funded $105,908,213 in loans during 2022. As of 12/31/2022 we had $43,432,709 in mortgages/home equity loans and $192,270,043 in consumer loans. We also had 1,757 Credit card accounts with our members at 12/31/22.we have deposit, transaction, and investment accounts with 27,500 members as of 12/31. During 2022 we opened 4,784 new deposit, transaction, and investment accounts.
First Community Credit Union supports the communities that we serve in many ways. This includes providing financial education in local school districts and donating time and money to many Community organizations. In 2022, we supported several food drives and local homeless shelters. We also employee bilingual staff in an effort to bring more Community members into the financial mainstream. Additionally, we host educational sessions for improving one's Credit score, buying a First home, and personal budgeting. As a member-owned cooperative, our focus is always on the members and communities that we serve.

Personnel at First Community Credit Union of Beloit

NameTitleCompensation
Jack GillPresident$346,763
Mark HutchinsonChief Financial Officer$113,856
Ryan MillerExecutive Vice President Operations$168,473
Shawna SherryMortgage Originator$104,359
Dave WallerChairman$0
...and 3 more key personnel

Financials for First Community Credit Union of Beloit

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$12,284,684
Investment income and dividends$216,665
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-33,004
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,468,345

Form 990s for First Community Credit Union of Beloit

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-12990View PDF
2021-122022-04-22990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
2018-122019-11-04990View PDF
...and 9 more Form 990s

Organizations like First Community Credit Union of Beloit

OrganizationLocationRevenue
Governmental Employees Credit UnionLa Crosse, WI$3,521,998
Sentry Credit UnionStevens Point, WI$3,850,431
Oakdale Credit Union (OCU)Oakdale, WI$4,086,946
Tomah Area Credit UnionTomah, WI$3,376,958
Winnebago Community Credit Union (WCCU)Oshkosh, WI$6,162,060
Glacier Hills Credit UnionWest Bend, WI$9,272,339
Superior Choice Credit Union (SCCU)Superior, WI$30,905,234
Premier Financial Credit UnionNew Holstein, WI$4,403,229
Shipbuilders Credit UnionManitowoc, WI$5,269,006
Prospera Credit UnionAppleton, WI$16,930,595
Data update history
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
May 19, 2023
Updated personnel
Identified 4 new personnel
October 8, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 8, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
Hunger
Characteristics
State / local level
General information
Address
1702 Park Ave
Beloit, WI 53511
Metro area
Janesville-Beloit, WI
County
Rock County, WI
Website URL
firstccu.com/ 
Phone
(608) 362-9077
IRS details
EIN
39-0269470
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1933
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 First Community Credit Union of Beloit has new information, or want to find more organizations like First Community Credit Union of Beloit?

Create free Cause IQ account