Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1944.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
6 people listed on the 990; $64K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Chris Lamminen | $108,450 | $51,188 | — | — | — |
| Jennifer Tiedman | — | — | $65,188 | $64,550 | $64,163 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Offers members better financial services and ownership benefits through savings and loans.
Questions for First Pace Credit Union
Your first name shows with your question. First Pace Credit Union answers here, for everyone.
Know this org? Add your story
Offer free checking accounts with a free VISA Debit Card to help members become financially responsible. Also free online/mobile banking with bill pay, remote deposit, Person to Person and Account to Account transfers between financial institutions. Also have free online statements.
Competitive dividends paid on approximately 1427 share savings accounts, money market accounts, club accounts and term share certificates, to help our 1049 members save for the future. Free online and mobile banking and electronic statements for the members to help monitor their finances.
Multiple products offered to help the member, with reasonable terms and competitive rates.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $219K | $263K |
| InvestmentsLn 11–13 | $1.3M | $2.7M |
| Land, buildings, equipmentLn 10c | $14K | $6K |
| Total assetsLn 16 | $8.7M | $9.6M |
| LiabilitiesLn 26 | $6.9M | $7.7M |
| Net assetsLn 32 | $1.8M | $1.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Benefits paid to or for membersLn 4 | $32K | |||
| Pay of current officers, directors and key staffLn 5 | $69K | |||
| Other salaries and wagesLn 7 | $71K | |||
| Pension plan contributionsLn 8 | $3K | |||
| Other employee benefitsLn 9 | $5K | |||
| Payroll taxesLn 10 | $11K | |||
| Advertising and promotionLn 12 | $4K | |||
| Office expensesLn 13 | $73K | |||
| Information technologyLn 14 | $35K | |||
| OccupancyLn 16 | $20K | |||
| Conferences, conventions and meetingsLn 19 | $10K | |||
| Depreciation, depletion and amortizationLn 22 | $13K | |||
| InsuranceLn 23 | $12K | |||
| Other expenses (24a–d)Ln 24 | $13K | |||
| Total functional expensesLn 25 | $370K | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $436K | $490K | −$54K | $1.8M | 990 PDF |
| FY2023 | $399K | $478K | −$79K | $1.8M | 990 PDF |
| FY2022 | $388K | $399K | −$11K | $1.9M | 990 PDF |
| FY2021 | $418K | $361K | $57K | $1.9M | 990 PDF |
| FY2020 Viewing | $402K | $370K | $33K | $1.8M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $402,201 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 2 to look at
Part VIII · Statement of revenue $402,201 across 5 lines filed
Part IX · Statement of functional expenses $369,579 across 14 lines filed
Part X · Balance sheet $9,551,599 assets, 13 lines filed
Part XI · Reconciliation of net assets $1,848,761 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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