First Community Credit Union

Not tax-deductible

Coquille, ORMutual-benefit / member-servingSince 1957Public & Societal Benefit EIN 93-0468003Revenue $81.0M in FY2025

On file with the IRSmyfirstccu.org200 N Adams St, 97423-1804 · Coquille, ORTax-exempt since Oct 1944

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To build lasting financial relationships through personalized banking.

Run by 16 volunteers and 416 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $15.1M a year · 24% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$4.1M
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
16 mo
of spending, in cash
Plus $213.8M in investments, Pt X · Ln 11–13
Looks good: 16.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.5B
87% of total assets
Concern: liabilities are 87% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$81.0M
+14% vs prior year
Spent
$60.7M
Net assets
$220.5M
By yearFY2020–FY2025
Revenue
$81.0M
FY2025▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$52.2M
FY2021$50.7M
FY2022$57.5M
FY2023$62.8M
FY2024$71.1M
FY2025$81.0M
Expenses
$60.7M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$39.6M
FY2021$40.3M
FY2022$40.0M
FY2023$47.4M
FY2024$56.8M
FY2025$60.7M
Net assets
$220.5M
FY2025▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$143.4M
FY2021$153.1M
FY2022$167.0M
FY2023$184.0M
FY2024$199.1M
FY2025$220.5M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1944.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

22 people listed on the 990; $4.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO/Treasurer
$1,164,293Pt VII · Sec A
Executive Vice President/Cgo
$649,553Pt VII · Sec A
Executive Vice President/COO
$371,676Pt VII · Sec A
Executive Vice President/CFO
$371,457Pt VII · Sec A
SVP Ebanking & Development
$283,484Pt VII · Sec A
SVP Information Technology
$280,421Pt VII · Sec A
SVP Credit Administration
$270,998Pt VII · Sec A
SVP Communications & Engag
$265,815Pt VII · Sec A

David Elmer’s $1.2M as President/CEO/Treasurer is at the 98th percentile of top reported officer pay among 232 $10–100M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Elmer$1,164,293$1,114,236$668,339$709,851$710,385$661,017
Renee Nelson$649,553$779,108$723,024$800,523$760,308$779,573
Denise Hill——$304,187$591,126$542,692$359,295
Sonja Johnston—————$414,375
Ellen Scriven$371,676$263,696————
Mike Leep$371,457$273,098$267,957$230,218$209,723$221,315
Kevin Isley$283,484$247,149$251,842$223,176—$221,684
Ted Rubin$233,461$250,584—$229,257$280,547—

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.

See First Community Credit Union executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Builds lasting financial relationships with personalized banking services.

Questions for First Community Credit Union

Tap to ask. First Community Credit Union sees how many people are interested.

Your first name shows with your question. First Community Credit Union answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2025
01

All activities of a state chartered credit union, including funding and servicing of loans, deposits, ach services, atm access, etc. Services are provided monday through friday, with the exception of federal holidays.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 95 grants · $1.6M · 2022–2025
Unitemized GrantFY2025$75,000
A Family PlaceWA · FY2025$25,000
Umatilla County FairFY2025$19,999
Grants Pass Active Club INCOR · FY2025$17,282
Rotary InternationalOR · FY2025$12,879
Harney County Youth LivestockFY2025$10,332
Lake County Round-UpFY2025$10,000
Josephine County FoundationOR · FY2025$10,000
PlayeastFY2025$10,000
Knights of ColumbusFY2025$8,000
See all 95 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$81.0M
Ln 12
Fees for servicesLn 2g$69.5M
Investment incomeLn 3$9.7M
Other incomeLn 4–11$1.8M
Money outPt IX
$60.7M
Ln 25
Owns and owesPt X
$220.5M
net assets · Ln 32
Cash and savingsLn 1–2$80.7M
Total assetsLn 16$1.7B
LiabilitiesLn 26$1.5B
PeoplePt VI, VII
22
listed · VII A
PaidVII A21
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$69.5M
Investment incomeLn 3$9.7M
Other incomeLn 4–11$1.8M
Gains on assetsLn 7$12K
Total revenueLn 12$81.0M
Assets in detailPt X, end of year
CashLn 1$10.6M
SavingsLn 2$70.1M
Cash and savings togetherLn 1–2$80.7M
InvestmentsLn 11–13$213.8M
Land, buildings, equipmentLn 10c$81.1M
Other assetsLn 15$35.0M
Total assetsLn 16$1.7B
LiabilitiesLn 26$1.5B
Net assetsLn 32$220.5M
OperationsPt I, VI
EmployeesI 5416
VolunteersI 616
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$104.4M$80.7M
InvestmentsLn 11–13$336.4M$213.8M
Land, buildings, equipmentLn 10c$79.0M$81.1M
Total assetsLn 16$1.68B$1.71B
LiabilitiesLn 26$1.48B$1.49B
Net assetsLn 32$199.1M$220.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$483K
Grants to domestic individualsLn 2$75K
Pay of current officers, directors and key staffLn 5$3.0M
Other salaries and wagesLn 7$22.7M
Pension plan contributionsLn 8$573K
Other employee benefitsLn 9$2.5M
Payroll taxesLn 10$3.9M
Legal feesLn 11b$18K
Accounting feesLn 11c$125K
Other fees for servicesLn 11g$129K
Advertising and promotionLn 12$440K
Office expensesLn 13$8.0M
Information technologyLn 14$3.5M
OccupancyLn 16$2.5M
TravelLn 17$106K
Conferences, conventions and meetingsLn 19$292K
InterestLn 20$7.1M
Depreciation, depletion and amortizationLn 22$3.5M
InsuranceLn 23$350K
Other expenses (24a–d)Ln 24$1.4M
Total functional expensesLn 25$60.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $81.0M$60.7M$20.3M$220.5M 990 PDF
FY2024 $71.1M$56.8M$14.3M$199.1M 990 PDF
FY2023 $62.8M$47.4M$15.4M$184.0M 990 PDF
FY2022 $57.5M$40.0M$17.5M$167.0M 990 PDF
FY2021 $50.7M$40.3M$10.4M$153.1M 990 PDF
FY2020 $52.2M$39.6M$12.6M$143.4M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $81,023,964 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $57,924,250$69,454,938
I-10 Investment incomePrior year $11,259,237$9,731,065
I-11 Other revenuePrior year $1,900,799$1,837,961
I-12 Total revenuePrior year $71,084,286$81,023,964
I-13 Grants and similar amounts paidPrior year $345,724$557,603
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $30,324,713$32,708,248
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $26,088,768$27,411,018
I-18 Total expensesPrior year $56,759,205$60,676,869
I-19 Revenue less expensesPrior year $14,325,081$20,347,095
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $81,023,964 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $69,454,938$69,454,938
VIII-3 Investment incomeExcluded from tax $9,719,313$9,719,313
VIII-7 Net gain or loss on sales of assetsExcluded from tax $11,752$11,752
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $1,837,961$1,837,961
VIII-12 Total revenueRelated to mission $69,454,938 · Unrelated business $1,837,961 · Excluded from tax $9,731,065$81,023,964
Part IX · Statement of functional expenses $60,676,869 across 20 lines filed
IX-1 Grants to domestic organizations$482,603
IX-2 Grants to domestic individuals$75,000
IX-5 Pay of current officers, directors and key staff$2,967,566
IX-7 Other salaries and wages$22,705,704
IX-8 Pension plan contributions$572,576
IX-9 Other employee benefits$2,530,378
IX-10 Payroll taxes$3,932,024
IX-11b Legal fees$17,573
IX-11c Accounting fees$125,406
IX-11g Other fees for services$128,550
IX-12 Advertising and promotion$439,558
IX-13 Office expenses$8,034,282
IX-14 Information technology$3,451,146
IX-16 Occupancy$2,503,895
IX-17 Travel$106,414
IX-19 Conferences, conventions and meetings$291,600
IX-20 Interest$7,051,118
IX-22 Depreciation, depletion and amortization$3,528,039
IX-23 Insurance$350,307
IX-24 Other expenses (24a–d)$1,383,130
IX-25 Total functional expenses$60,676,869
Part X · Balance sheet $1,712,779,148 assets, 15 lines filed
Asset lines not itemized here account for $1,284,181,573; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $10,180,578$10,607,892
X-2 Savings and temporary cash investmentsStart of year $94,172,012$70,058,786
X-4 Accounts receivableStart of year $1,752$24,139
X-9 Prepaid expenses and deferred chargesStart of year $2,952,059$3,103,702
X-10c Land, buildings and equipment, netStart of year $79,048,026$81,075,437
X-11 Publicly traded securitiesStart of year $336,383,317$213,515,574
X-12 Other securitiesStart of year $54,953$261,756
X-14 Intangible assetsStart of year $15,088,323$14,970,423
X-15 Other assetsStart of year $37,345,284$34,979,866
X-16 Total assetsStart of year $1,676,813,394$1,712,779,148
X-17 Accounts payable and accrued expensesStart of year $27,039,519$7,844,901
X-25 Other liabilitiesStart of year $1,450,007,751$1,483,632,068
X-26 Total liabilitiesStart of year $1,477,731,079$1,492,242,737
X-32 Total net assets or fund balancesStart of year $199,082,315$220,536,411
X-33 Total liabilities and net assetsStart of year $1,676,813,394$1,712,779,148
Part XI · Reconciliation of net assets $220,536,411 net assets at year end
XI-1 Total revenue$81,023,964
XI-2 Total expenses$60,676,869
XI-3 Revenue less expenses$20,347,095
XI-4 Net assets at start of year$199,082,315
XI-5 Net unrealized gains (losses) on investments$1,107,001
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$220,536,411

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.