Community First Credit Union of Florida
Nonprofit profile at a glance
- EIN
- 590227113
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Jacksonville, FL, USA
- Phone
- 9043548537
- Rating confidence
- Limited
Reported finances
- Revenue
- $171,954,625
- Expenses
- $165,067,965
- Assets
- $2,752,280,661
- Liabilities
- $2,432,435,338
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- SAM INMAN (CEO/PRESIDENT)
- JOHN HIRABAYASHI (CEO/PRESIDENT)
Highest reported compensation
- JOHN HIRABAYASHI (CEO/PRESIDENT): $1,989,289 total reported compensation
- SAM INMAN (CEO/PRESIDENT): $1,139,824 total reported compensation
- MARK FITZMORRIS (FINANCIAL ADVISOR): $571,886 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To fund high impact projects that build healthy communities by improving our educational system, enhancing financial literacy and supporting programs that improve the quality of life on the First Coast. The Community First Community Advisory Council serves as a bridge between Community First and the communities it supports. Comprised of diverse local leaders, the council provides strategic guidance, shares community insights, and ensures our programs reflect real community needs and priorities. By fostering collaboration and amplifying community voices, the council helps shape initiatives that drive meaningful impact and strengthen trust across our entire community. Photo of Brenda Simmons-Hutchins Brenda Simmons-Hutchins.
What it reported doing in 2024
The credit union offers a variety of financial products, including mortgage, automobile, credit cards, and personal signature loans. $875,481,306 in new loans were originated during 2024 and more than $2,031,787,750 in loan balances were serviced during 2024.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 95
- Accountability: 100
- Sustainability: 57
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 16.67; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.88; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 7.2% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 55th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $2M · 21 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $19.3M reported
- Consistency: 13 of 13 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- High — Sustainability: Officer compensation ratio scored 26/100.