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Employer Identification Number 93-0256538

FORRIT CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:FORRIT CREDIT UNION
Employer identification number (EIN):93-0256538
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration FORRIT CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementWe provide solutions to improve each members financial life by providing savings, investments, and consumer loan products at favorable rates with minimal fees.
Number of Employees21
Number of Volunteers11
Year Formed1936

Organization Governance

Legal DomicileOR
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,387,718
Program Service Revenue from current yearUSD $ 3,732,737
Investment Income from prior yearUSD $ 281,022
Investment Income from current yearUSD $ 819,335
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 4,552,072
Net assets / fund balances at end of fiscal yearUSD $ 98,257,371
Net assets / fund balances at beginning of fiscal yearUSD $ 101,628,621
Total liabilities at end of fiscal yearUSD $ 693,243
Total liabilities at beginning of fiscal yearUSD $ 548,644
Total assets at end of fiscal yearUSD $ 98,950,614
Total assets at beginning of fiscal yearUSD $ 102,177,265
Revenues less expenses for current yearUSD $ 223,971
Revenues less expenses for previous yearUSD $ -104,378
Total expenses for current yearUSD $ 4,328,101
Total expenses for previous yearUSD $ 3,773,118
Other expenses in current yearUSD $ 2,396,858
Other expenses in previous yearUSD $ 2,055,441
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,931,243
Employee salary and benefits paid in previous yearUSD $ 1,717,677
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 4,552,072
Total revenue in previous fiscal yearUSD $ 3,668,740
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,067,486
Program Service Revenue from current yearUSD $ 3,387,718
Investment Income from prior yearUSD $ 237,074
Investment Income from current yearUSD $ 281,022
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,668,740
Net assets / fund balances at end of fiscal yearUSD $ 101,628,621
Net assets / fund balances at beginning of fiscal yearUSD $ 104,815,482
Total liabilities at end of fiscal yearUSD $ 548,644
Total liabilities at beginning of fiscal yearUSD $ 331,958
Total assets at end of fiscal yearUSD $ 102,177,265
Total assets at beginning of fiscal yearUSD $ 105,147,440
Revenues less expenses for current yearUSD $ -104,378
Revenues less expenses for previous yearUSD $ 197,919
Total expenses for current yearUSD $ 3,773,118
Total expenses for previous yearUSD $ 3,106,641
Other expenses in current yearUSD $ 2,055,441
Other expenses in previous yearUSD $ 1,729,966
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,717,677
Employee salary and benefits paid in previous yearUSD $ 1,376,675
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,668,740
Total revenue in previous fiscal yearUSD $ 3,304,560
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,796,527
Program Service Revenue from current yearUSD $ 3,067,486
Investment Income from prior yearUSD $ 663,048
Investment Income from current yearUSD $ 237,074
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,304,560
Net assets / fund balances at end of fiscal yearUSD $ 104,815,482
Net assets / fund balances at beginning of fiscal yearUSD $ 95,106,302
Total liabilities at end of fiscal yearUSD $ 331,958
Total liabilities at beginning of fiscal yearUSD $ 399,199
Total assets at end of fiscal yearUSD $ 105,147,440
Total assets at beginning of fiscal yearUSD $ 95,505,501
Revenues less expenses for current yearUSD $ 197,919
Revenues less expenses for previous yearUSD $ 396,290
Total expenses for current yearUSD $ 3,106,641
Total expenses for previous yearUSD $ 3,063,285
Other expenses in current yearUSD $ 1,729,966
Other expenses in previous yearUSD $ 1,695,945
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,376,675
Employee salary and benefits paid in previous yearUSD $ 1,367,340
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,304,560
Total revenue in previous fiscal yearUSD $ 3,459,575
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,955,703
Program Service Revenue from current yearUSD $ 2,796,527
Investment Income from prior yearUSD $ 926,415
Investment Income from current yearUSD $ 663,048
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,459,575
Net assets / fund balances at end of fiscal yearUSD $ 95,106,302
Net assets / fund balances at beginning of fiscal yearUSD $ 84,358,280
Total liabilities at end of fiscal yearUSD $ 399,199
Total liabilities at beginning of fiscal yearUSD $ 745,363
Total assets at end of fiscal yearUSD $ 95,505,501
Total assets at beginning of fiscal yearUSD $ 85,103,643
Revenues less expenses for current yearUSD $ 396,290
Revenues less expenses for previous yearUSD $ 589,168
Total expenses for current yearUSD $ 3,063,285
Total expenses for previous yearUSD $ 3,292,950
Other expenses in current yearUSD $ 1,695,945
Other expenses in previous yearUSD $ 1,708,930
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,367,340
Employee salary and benefits paid in previous yearUSD $ 1,584,020
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,459,575
Total revenue in previous fiscal yearUSD $ 3,882,118
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,799,387
Program Service Revenue from current yearUSD $ 3,008,424
Investment Income from prior yearUSD $ 382,457
Investment Income from current yearUSD $ 605,392
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,613,816
Net assets / fund balances at end of fiscal yearUSD $ 87,734,796
Net assets / fund balances at beginning of fiscal yearUSD $ 87,078,168
Total liabilities at end of fiscal yearUSD $ 562,352
Total liabilities at beginning of fiscal yearUSD $ 551,515
Total assets at end of fiscal yearUSD $ 88,297,148
Total assets at beginning of fiscal yearUSD $ 87,629,683
Revenues less expenses for current yearUSD $ 826,131
Revenues less expenses for previous yearUSD $ 392,678
Total expenses for current yearUSD $ 2,787,685
Total expenses for previous yearUSD $ 2,789,166
Other expenses in current yearUSD $ 1,573,623
Other expenses in previous yearUSD $ 1,429,044
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,214,062
Employee salary and benefits paid in previous yearUSD $ 1,360,122
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,613,816
Total revenue in previous fiscal yearUSD $ 3,181,844
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,666,463
Program Service Revenue from current yearUSD $ 2,799,387
Investment Income from prior yearUSD $ 363,555
Investment Income from current yearUSD $ 382,457
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,181,844
Net assets / fund balances at end of fiscal yearUSD $ 87,078,168
Net assets / fund balances at beginning of fiscal yearUSD $ 85,074,906
Total liabilities at end of fiscal yearUSD $ 551,515
Total liabilities at beginning of fiscal yearUSD $ 424,108
Total assets at end of fiscal yearUSD $ 87,629,683
Total assets at beginning of fiscal yearUSD $ 85,499,014
Revenues less expenses for current yearUSD $ 392,678
Revenues less expenses for previous yearUSD $ 294,286
Total expenses for current yearUSD $ 2,789,166
Total expenses for previous yearUSD $ 2,735,732
Other expenses in current yearUSD $ 1,429,044
Other expenses in previous yearUSD $ 1,409,637
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,360,122
Employee salary and benefits paid in previous yearUSD $ 1,326,095
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,181,844
Total revenue in previous fiscal yearUSD $ 3,030,018
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,661,571
Program Service Revenue from current yearUSD $ 2,666,463
Investment Income from prior yearUSD $ 307,622
Investment Income from current yearUSD $ 363,555
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,030,018
Net assets / fund balances at end of fiscal yearUSD $ 85,074,906
Net assets / fund balances at beginning of fiscal yearUSD $ 80,331,892
Total liabilities at end of fiscal yearUSD $ 424,108
Total liabilities at beginning of fiscal yearUSD $ 464,981
Total assets at end of fiscal yearUSD $ 85,499,014
Total assets at beginning of fiscal yearUSD $ 80,796,873
Revenues less expenses for current yearUSD $ 294,286
Revenues less expenses for previous yearUSD $ 279,335
Total expenses for current yearUSD $ 2,735,732
Total expenses for previous yearUSD $ 2,689,858
Other expenses in current yearUSD $ 1,409,637
Other expenses in previous yearUSD $ 1,414,834
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,326,095
Employee salary and benefits paid in previous yearUSD $ 1,275,024
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,030,018
Total revenue in previous fiscal yearUSD $ 2,969,193
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,556,640
Program Service Revenue from current yearUSD $ 2,661,571
Investment Income from prior yearUSD $ 274,524
Investment Income from current yearUSD $ 307,622
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,969,193
Net assets / fund balances at end of fiscal yearUSD $ 80,331,892
Net assets / fund balances at beginning of fiscal yearUSD $ 75,574,584
Total liabilities at end of fiscal yearUSD $ 464,981
Total liabilities at beginning of fiscal yearUSD $ 399,864
Total assets at end of fiscal yearUSD $ 80,796,873
Total assets at beginning of fiscal yearUSD $ 75,974,448
Revenues less expenses for current yearUSD $ 279,335
Revenues less expenses for previous yearUSD $ 330,808
Total expenses for current yearUSD $ 2,689,858
Total expenses for previous yearUSD $ 2,500,356
Other expenses in current yearUSD $ 1,414,834
Other expenses in previous yearUSD $ 1,373,056
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,275,024
Employee salary and benefits paid in previous yearUSD $ 1,127,300
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,969,193
Total revenue in previous fiscal yearUSD $ 2,831,164
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 930256538

USA Location Address
95 SW TAYLOR ST
PORTLAND
OR
972043305
Date first seen: 2011-07-06
Date last seen: 2024-02-26
USA Mailing Address
95 SW TAYLOR ST
PORTLAND
OR
97204
Date first seen: 2007-01-01
Date last seen: 2024-06-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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