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EIN 59-0389335

State Chartered Credit Unions in Florida First Choice Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
38
City
West Palm BCH
State
Florida
Year formed
1929
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
State Chartered Credit Unions in Florida First Choice Credit Union provides programs of credit unions that offer personal financial services to members. The credit union offers personal financial services exclusively to the members featuring competitive rates on loans & investments, and other products. Programs include a credit union offering personal financial services to members. It is located in West Palm Beach, FL.
Related structure
State Chartered Credit Unions in Florida First Choice Credit Union is child organization, under the parent exemption from State Charter Credit Unions in Florida Group Return.
Also known as...
State Chartered Credit Unions in FL First Choice Credit Union; First Choice Credit Union
Total revenues
$6,176,651
2023
Total expenses
$5,009,381
2023
Total assets
$141,168,447
2023
Num. employees
38
2023

Program areas at State Chartered Credit Unions in Florida First Choice Credit Union

Credit Union offering personal financial services to members

Personnel at State Chartered Credit Unions in Florida First Choice Credit Union

NameTitleCompensation
Michael WelteChief Executive Officer$254,497

Financials for State Chartered Credit Unions in Florida First Choice Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$4,068,946
Investment income and dividends$2,107,705
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,176,651

Form 990s for State Chartered Credit Unions in Florida First Choice Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-10990View PDF
2022-122023-05-02990View PDF
2021-122022-04-21990View PDF
2020-122021-08-13990View PDF
2019-122020-12-14990View PDF
...and 10 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
April 13, 2022
Updated personnel
Identified 1 new personnel
April 6, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
Public policy
Characteristics
State / local level
General information
Address
1055 S Congress Ave
West Palm BCH, FL 33406
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
firstchoicecu.org/ 
Phone
(561) 641-0100
IRS details
EIN
59-0389335
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1929
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
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