Trumark Financial Credit Union
501(c)(14)
100% goes to programs Strong reserves Growing revenue
Trumark Financial Credit Union is a 501(c)(14) organization based in Ft Washington, Pennsylvania, registered in 1945, with $198,106,084 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
335 Commerce Dr, Ft Washington, PA, 19034 EIN 23-1357086 Since 1945
Revenue (FY2024)
$198.1M
▲ 18.1% vs prior year
Expenses (FY2024)
$179.2M
Net assets
$260.4M
Employees
521
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Trumark Financial Credit Union: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Trumark Financial Credit Union: 17 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Trumark Financial Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Trumark Financial Credit Union: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o for complete mission statement.
Contact & location
- Address
- 335 Commerce Dr, Ft Washington, PA, 19034
- City
- Ft Washington
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $67.6M (FY2013) to $198.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.1BNet assets $260.4M
Operating margin
9.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4B
Total liabilities
$3.1B
Net assets
$260.4M
Salaries & benefits
$50.0M
28% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $198,106,084▲18.1% | $179,234,336▲31.7% | $260,447,386▲8.7% | $3,353,079,309▲4.9% | 990 |
| 2023 | $167,704,625▲43.7% | $136,108,140▲40.6% | $239,604,622▲17.0% | $3,197,438,569▲8.3% | 990 |
| 2022 | $116,734,544▲6.4% | $96,822,464▲7.7% | $204,764,021▼26.7% | $2,953,253,362▲6.6% | 990 |
| 2021 | $109,685,822▲0.4% | $89,924,212▼2.0% | $279,307,585▲1.1% | $2,771,242,877▲6.8% | 990 |
| 2020 | $109,196,085▼6.3% | $91,742,185▼4.0% | $276,386,357▲9.5% | $2,595,592,512▲9.7% | 990 |
| 2019 | $116,518,511▲14.0% | $95,590,863▲11.4% | $252,358,100▲13.9% | $2,366,485,184▲8.5% | 990 |
| 2018 | $102,194,205▲8.5% | $85,794,746▲7.5% | $221,508,880▲6.5% | $2,181,179,715▲5.8% | 990 |
| 2017 | $94,213,570▲10.4% | $79,843,872▲7.4% | $207,922,175▲6.9% | $2,061,430,498▲7.4% | 990 |
| 2016 | $85,375,014▲16.3% | $74,331,944▲12.1% | $194,425,536▲6.5% | $1,919,217,239▲12.2% | 990 |
| 2015 | $73,412,528▲3.5% | $66,326,050▲19.0% | $182,494,778▲3.6% | $1,711,135,896▲7.8% | 990 |
| 2014 | $70,926,590▲4.9% | $55,731,815▲5.2% | $176,166,832▲10.2% | $1,587,121,499▲9.0% | 990 |
| 2013 | $67,597,110 | $52,956,097▼4.1% | $159,878,599▲8.6% | $1,455,600,773▲4.3% | 990 |
| 2012 | — | $55,211,799▲2.8% | $147,199,418▲10.4% | $1,395,550,646▲2.8% | 990 |
| 2011 | — | $53,685,251▼6.6% | $133,344,710▲9.5% | $1,356,970,797▲6.5% | 990 |
| 2010 | — | $57,504,210 | $121,770,148 | $1,274,316,790 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kelly M Botti — $1,439,582 (0.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kelly M Botti | Ceo | 40 | $1,439,582 |
| Vincent J Market | Evp | 40 | $1,023,427 |
| Daniel Brewin | Evp | 40 | $479,109 |
| Tuan Le | Avp | 40 | $428,612 |
| Steven Olson | Evp | 40 | $412,425 |
| Karen Sweeney | Evp | 40 | $399,310 |
| Marianne E Drumm | Evp | 40 | $359,715 |
| Dana Brown | Evp | 40 | $356,489 |
| Patrick O'halloran | Evp | 40 | $342,682 |
| Gerry Devita | 1st Vp | 40 | $284,281 |
| Steven Ross | Avp | 40 | $278,993 |
| Suzanne Tomassian | 1st Vp | 40 | $275,654 |
| Wolfgang Hein | Avp | 40 | $236,366 |
| Wayne J Goodwin | Treasurer | 4 | $47,414 |
| Suzette E Adams | Director | 4 | $47,393 |
| James P Debow | Vice President | 4 | $43,199 |
| Kathleen L Wells | Director | 4 | $39,795 |
| R Terence Brunt | Secretary | 4 | $37,506 |
| David A Rufibach | Director | 4 | $34,864 |
| Joseph J Bily | Director | 4 | $33,040 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pscu Financial Services | Credit Card Network | $5,003,633 |
| Cdw Direct | It Hardware and Software | $1,851,049 |
| Visa USA Inc | Credit Card Services | $1,773,939 |
| Ncr Digital Banking | Online Bank Software | $1,574,209 |
| Jack & Henry Associates Inc | Bank Software | $1,114,466 |
Grants made · $92K in FY2024
6 grants totaling $92K in FY2024. All grants made by Trumark Financial Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Trumark Cares Foundation | Cost of essential expenses | $29,594 |
| Philabundance | Charitable donation | $20,000 |
| St Christopher's Hospital For Children | Charitable donation | $17,850 |
| Asociacion Puertorriquenos En Marcha Inc | Charitable donation | $10,000 |
| March of Dimes Inc | Charitable donation | $7,500 |
| Campaign For Working Families | Charitable donation | $7,500 |
Frequently asked questions
- Is Trumark Financial Credit Union a legitimate nonprofit?
- Yes. Trumark Financial Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 23-1357086, based in Ft Washington, Pennsylvania.
- What is Trumark Financial Credit Union's EIN?
- Trumark Financial Credit Union's Employer Identification Number (EIN) is 23-1357086.
- How much revenue does Trumark Financial Credit Union report?
- Trumark Financial Credit Union reported $198,106,084 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Trumark Financial Credit Union's spending goes to programs?
- Trumark Financial Credit Union spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trumark Financial Credit Union have?
- CharityIndex grades Trumark Financial Credit Union A+, based on program efficiency and fundraising cost.
- How much does Trumark Financial Credit Union's highest-paid employee make?
- The highest reported compensation on Trumark Financial Credit Union's latest Form 990 is $1,439,582, paid to Kelly M Botti (Ceo).
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Data for Trumark Financial Credit Union (EIN 23-1357086) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.