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Nonprofit · EIN 84-2953607

FIRSTMARK CREDIT UNION FOUNDATION

Tax-exempt · SAN ANTONIO, TX 78232

Financials

$221K$191K2023$250K$178K2024
Revenue Expenses · by fiscal year end
Financials of FIRSTMARK CREDIT UNION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$249,633$177,633$72,000$297,721$0$297,721
December 31, 2023990$221,368$190,980$30,388$225,721$0$225,721
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$249,058
Program service revenue
$0
Investment income
$575
Other revenue
$0

Expenses

Grants and similar amounts paid
$140,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$177,633

Balance sheet and other

Total assets, start of year
$225,721
Total assets, end of year
$297,721
Total liabilities, end of year
$0
Net assets, end of year
$297,721
Net assets without donor restrictions
$297,721
Gross receipts
$249,633
Employees
0
Year formed
2019
State of legal domicile
TX

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHELLE AKERSDIR./SECRETA
Trustee or director
5$0
MIKE GRUNDONDIR./VICE CH
Trustee or director
5$0
VERONICA TERANDIR./TREASUR
Trustee or director
5$0
GREGG THORNEDIRECTOR/CHA
Trustee or director
5$0
LAURA WARDDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MICHELLE AKERSDIR./SECRETA
Trustee or director
5$0
MIKE GRUNDONDIR./VICE CH
Trustee or director
5$0
MARISA PEREZ-DIAZEXECUTIVE DI
Trustee or director
5$0
NATHANAEL TARWASOKONODIR. CHAIRMA
Trustee or director
5$0
VERONICA TERANDIR./TREASUR
Trustee or director
5$0
GREGG THORNEDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
2023 GOLD CANYON RD, SAN ANTONIO, TX 78232-1703
In care of
% DAWN SLOANS
Principal officer (990 for 2024)
GREGG THORNE, 2023 GOLD CANYON DRIVE, SAN ANTONIO, TX 782321703
Signed the 990
GREGG THORNE, DIRECTOR/CHAIRMAN
Phone
(210) 442-0102
Return prepared by
SCHWARTZ COLE AND ASSOCIATES LLC

Mission

THE FOUNDATION'S MISSION IS TO FURTHER EDUCATION, TEACHER TRAINING AND DEVELOPMENT, HEALTH AND WELLNESS, FAMILY HEALTH AND STABILITY, YOUTH DEVELOPMENT, AND COMMUNITY SUSTAINABILITY.

990 for the year ended December 31, 2024

Program accomplishments

  • TO OPERATE PROGRAMS RELATED TO IMPROVING ACADEMIC OUTCOMES, PARTICULARLY ACADEMIC OUTCOMES OF CHILDREN IN LOW-INCOME FAMILIES RESIDING IN THE COMMUNITIES SERVED BY FIRSTMARK CREDIT UNION. GIVEN THAT POOR ACADEMIC PERFORMANCE IS CLOSELY CORRELATED WITH POOR HEALTH AND NUTRITION, HOUSING INSECURITY, AND UNSAFE NEIGHBORHOODS, THE FOUNDATION MAY ENGAGE IN THE DIRECT OPERATION OF PROGRAMS DESIGNED TO COMBAT THESE RISK FACTORS, SUCH AS HEALTH AND WELLNESS PROGRAMS, AND COMMUNITY IMPROVEMENT PROGRAMS.
    Expenses $157,633 · grants $120,000
  • Expenses $20,000 · grants $20,000

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2953607
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$297,721
Income (IRS master file)
$249,633

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$249,633$177,633$297,721XML
990December 2023$221,368$190,980$225,721XML
990December 2022$287,489$104,886$195,333IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 84-2953607).

Questions about FIRSTMARK CREDIT UNION FOUNDATION

What is the EIN of FIRSTMARK CREDIT UNION FOUNDATION?
The employer identification number (EIN) of FIRSTMARK CREDIT UNION FOUNDATION is 84-2953607.
Is FIRSTMARK CREDIT UNION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to FIRSTMARK CREDIT UNION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FIRSTMARK CREDIT UNION FOUNDATION 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 FIRSTMARK CREDIT UNION FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIRSTMARK CREDIT UNION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FIRSTMARK CREDIT UNION FOUNDATION?
The 990 for the year ended December 31, 2024 names GREGG THORNE.
Who are the officers and directors of FIRSTMARK CREDIT UNION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does FIRSTMARK CREDIT UNION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $249,633, expenses of $177,633 and total assets of $297,721 at year end.

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