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Nonprofit · EIN 20-8216512

FINANCIAL RESOURCES FCU FOUNDATIONSINC

Tax-exempt · BRANCHBURG, NJ 08876

Financials

$104K$50K2023$42K$38K2024$253K$68K2025
Revenue Expenses · by fiscal year end
Financials of FINANCIAL RESOURCES FCU FOUNDATIONSINC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$253,471$68,229$185,242$303,894$5,842$298,052
December 31, 2024990$41,674$38,353$3,321$118,652$5,842$112,810
December 31, 2023990$103,500$49,879$53,621$112,881$3,392$109,489
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$276,663
Program service revenue
$0
Investment income
$2,824
Net income from fundraising events
-$28,683
Net income from gaming
$2,667
Other revenue
-$26,016

Expenses

Grants and similar amounts paid
$65,010
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,381
Program services (functional)
$65,010
Management and general (functional)
$3,219

Balance sheet and other

Total assets, start of year
$118,652
Total assets, end of year
$303,894
Total liabilities, end of year
$5,842
Net assets, end of year
$298,052
Net assets without donor restrictions
$260,052
Net assets with donor restrictions
$38,000
Gross receipts
$282,654
Employees
0
Volunteers
6
Year formed
2007
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
FRANK ALMEIDAPRESIDENT
Trustee or director, Officer
1$0
BRIAN DEMCSAKVICE PRESIDENT
Trustee or director, Officer
1$0
STEPHEN MAVRICOSTREASURER
Trustee or director, Officer
1.25$0
BETH MOLINAROSECRETARY
Trustee or director, Officer
2$0
CHARLES MAZZADIRECTOR
Trustee or director
1$0
THOMAS O'SULLIVANDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
FRANK ALMEIDAPRESIDENT
Trustee or director, Officer
1$0
BRIAN DEMCSAKVICE PRESIDENT
Trustee or director, Officer
1$0
BETH ELBAUMTREASURER
Trustee or director, Officer
1.25$0
SUSAN DVORINSECRETARY
Trustee or director, Officer
2$0
BETH MOLINARODIRECTOR
Trustee or director, Officer
1$0
CHARLES MAZZADIRECTOR
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
FRANK ALMEIDAPRESIDENT
Trustee or director, Officer
1$0
BRIAN DEMCSAKVICE PRESIDENT
Trustee or director, Officer
1$0
BETH ELBAUMTREASURER
Trustee or director, Officer
1.25$0
SUSAN DVORINSECRETARY
Trustee or director, Officer
2$0
BETH MOLINARODIRECTOR
Trustee or director, Officer
1$0
CARYN KOMENSKYDIRECTOR
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
3040 ROUTE 22 WEST BLDG 2, BRANCHBURG, NJ 08876-3594
In care of
% FINANCIAL RESOURCES FEDERAL CREDI
Mailing address (990-N for 2021)
520 US Hwy 22 East, Bridgewater NJ 08807
Principal officer (990 for 2025)
STEPHEN MAVRICOS, 3040 ROUTE 22 WEST BLDG 2, BRANCHBURG, NJ 08876
Principal officer (990-N for 2021)
Frank Almeida, 520 US Hwy 22 E, Bridgewater NJ 08807
Signed the 990
STEPHEN MAVRICOS, SENIOR VP - FINANCE/ACCOUNTING
Phone
(908) 253-6446
Return prepared by
RKL LLP

Mission

THE CORPORATION (FOUNDATION) HAS BEEN ORGANIZED EXCLUSIVELY FOR THE CHARITABLE RELIGIOUS, AND SCIENTIFIC PURPOSES, WITHIN THE MEANING OF SECTIONS 501(3) AND 170(2) OF THE IRS CODE, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRS CODE.

990 for the year ended December 31, 2025

Program accomplishments

  • 2025 CHARITY EVENT WAS AT SOMERSET PARK WITH PROCEEDS BENEFITTING ELIJAH'S PROMISE AS WELL AS OTHER LOCAL CHARITIES (SEE FINANCIAL STATEMENT) AND SCHOLARSHIPS (LISTED HERE AND ON FINANCIAL STATEMENT). ELIJAH'S PROMISE ASSISTS WITH FOOD COSTS AND OPERATIONS TO EXPAND THE CULINARY SCHOOL.
    Expenses $26,510 · grants $26,510
  • THREE $5,000 GRANTS WERE AWARDED TO THE FOLLOWING: THERA YOUTH FOUNDATIONS, CENTER FOR GREAT EXPECTATIONS, AND SAFE AND SOUND.SIX $2,500 GRANTS AWARDED TO THE FOLLOWING: THE SHARING PLACE, HILLSBOROUGH FOOD PANTRY, FLEMINGTON AREA FOOD PANTRY, NORWESCAP, THE FRANKLIN TOWNSHIP FOOD BANK & ST. JOSEPH'S SOCIAL SERVICE CENTER.ONE $1,000 GRANT AWARDED TO UNITED WAY OF HUNTERDON COUNTY ONE $3,000 GRANT AWARDED TO CROSS STATE CREDIT UNION FOUNDATION
    Expenses $34,000 · grants $34,000
  • THREE $1,000.00 SCHOLARSHIPS WERE AWARDED IN 2025. THE APPLICANTS MUST BE A MEMBER IN GOOD STANDING OF FINANCIAL RESOURCES FEDERAL CREDIT UNION OR RESIDE IN SOMERSET, HUNTERDON OR MIDDLESEX COUNTIES AND MUST BE ENROLLED AS A HIGH SCHOOL SENIOR AT THE TIME THE APPLICATION IS FILLED OUT. THE SCHOLARSHIP FUND MUST BE USED FOR TUITION OR TEXTBOOKS AND ONLY AT AN ACCREDITED EDUCATIONAL INSTITUTION. THE SIGNED APPLICATION MUST BE SUBMITTED WITH AN OFFICIAL HIGH SCHOOL TRANSCRIPT, AN SAT/ACT TRANSCRIPT PROVIDED THROUGH THE STUDENT'S SCHOOL GUIDANCE OFFICE AND THE TEACHER REFERENCE PORTION OF THE APPLICATION, COMPLETED BY ONE OF THE APPLICANT'S TEACHERS AND RETURNED IN A SEALED, SIGNED ENVELOPE. JUDGING IS BASED ON ACADEMIC PERFORMANCE, COMMUNITY SERVICE / INVOLVEMENT, TEACHER REFERENCE AND PERSONAL GOALS.
    Expenses $3,000 · grants $3,000
  • FINANCIAL RESOURCES FCU DEVELOPED THE "WE'RE HERE FOR YOU" PROGRAM TO PROVIDE EMERGENCY GRANTS TO EMPLOYEES.
    Expenses $1,500 · grants $1,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8216512
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$303,894
Income (IRS master file)
$282,654

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$253,471$68,229$303,894XML
990December 2024$41,674$38,353$118,652XML
990December 2023$103,500$49,879$112,881XML
990December 2022$51,094$51,257$64,935IRS
990-N for 2021
Officer: Frank Almeida
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Frank Almeida
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Lena Matthews
December 31, 2019≤ $50,000 receipts––e-Postcard
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8216512).

Questions about FINANCIAL RESOURCES FCU FOUNDATIONSINC

What is the EIN of FINANCIAL RESOURCES FCU FOUNDATIONSINC?
The employer identification number (EIN) of FINANCIAL RESOURCES FCU FOUNDATIONSINC is 20-8216512.
Is FINANCIAL RESOURCES FCU FOUNDATIONSINC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to FINANCIAL RESOURCES FCU FOUNDATIONSINC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINANCIAL RESOURCES FCU FOUNDATIONSINC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FINANCIAL RESOURCES FCU FOUNDATIONSINC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINANCIAL RESOURCES FCU FOUNDATIONSINC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FINANCIAL RESOURCES FCU FOUNDATIONSINC?
The 990 for the year ended December 31, 2025 names STEPHEN MAVRICOS.
Who are the officers and directors of FINANCIAL RESOURCES FCU FOUNDATIONSINC?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does FINANCIAL RESOURCES FCU FOUNDATIONSINC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $253,471, expenses of $68,229 and total assets of $303,894 at year end.

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