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Niagara Frontier Federal Municipal Employees Credit Union
Niagara Falls, NY · EIN 160570030 · Form 990 · FY2024 · Small ($100K-$1M) · nffmecu.com
revenue
$142K
expenses
$199K
net assets
$233K
employees
2
volunteers
10
program ratio
0%
mission · from form 990

To provide financial services similar to banks; to encourage savings and approve loans; to provide financial management in order to maintain earnings and or continued growth.

profile · synthesized from sources

Niagara Frontier Federal Municipal Employees Credit Union was a credit union serving municipal employees in the Niagara Falls, NY area. It provided traditional financial services such as savings accounts and loans. The organization has merged with Niagara Falls Teachers Federal Credit Union, continuing operations under the new entity.

named programs · 1 · from sources

What they call their work

Financial Services for Municipal Employees
Provided savings accounts, loans, and financial management services to municipal employees in the Niagara Frontier region
activities · 1 group

What they do

  • Credit Union Financial Services 1 activity
    • Providing financial services to members
      Offers savings accounts, loans, and financial management services to support member financial stability and promote organizational growth.
financials · form 990 · fy2024
revenue
Total revenue$142K
Contributions & grants$00%
Program service revenue$00%
Investment income$142K100%
Other revenue$0
expenses
Total expenses$199K
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$106K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.26M
Cash$918K
Investments$0
Liabilities$2.02M
Net assets$233K
Liquid reserves55.3 mo
5 years on record · 2020–2024 · YoY revenue -2.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Michele Fritzke Treasurer & Secretary 40 $63K
board members · 6
  • Anthony Mikesic — Board Member
  • Bernadette Di'Martile — Board Member
  • Charles LaValley — Board Member
  • Corey Walter — Vice Chairperson
  • Francine Bax — Board Member
  • Phillip Young — Chairperson
relationships · 1

Who they work with

  • Niagara Falls Teachers FCU Partner — Merged with Niagara Frontier Federal Municipal Employees Credit Union to form a combined institution.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.