1ST CHOICE CREDIT UNION

ATLANTA, GA | Fulton County
Mission-Driven Bank or Credit Union

Overview

1ST CHOICE CREDIT UNION
58-6035220
315 AUBURN AVE NE
ATLANTA, GA 30303
Fulton County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Mission-Driven Bank or Credit Union
Nonprofit location info
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Organization
  • HUD Counseling Agency
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
W61

W - Public, Society Benefit

Credit Unions

Cooperative 501(c)(14) associations that use money deposited by a group of people (e.g., fellow employees) and lend it out again to people in the same group at favorable interest rates.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
522130
Credit Unions

CRA Alignment

CRA Category info
Mission-Driven Bank or Credit Union
Bank or credit union that has been certified by the U.S. Treasury as a Community Development Financial Institution.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
3/25/2015
Native American CDFI info
N
Financial Institution Type info
Credit Union
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Counseling Programs Offered info
  • Fair Housing Pre-Purchase Education
  • Financial Management/Budget Counseling
  • Mortgage Delinquency and Default
  • Non-Delinquency Post Purchase Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
  • Predatory Lending Education Workshops
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1.7M
Revenue
$1.7M
Assets
$25.2M
Exempt Ruling Date info
2019-04
Deductibility Status info
Not reported
Last Tax Filing info
2019
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
GA
Basis for Foundation/Public Charity Status info
All organizations except 501(c)(3)

Nonprofit Location

Physical Address info
315 AUBURN AVE NE
ATLANTA, GA 30303
Fulton County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
12060
MSA/MD info
13
State info
121
County info
0028.02
Tract info
Unknown
Income Level info
Core-Based Statistical Area info
12060 - Atlanta-Sandy Springs-Alpharetta, GA
Combined Statistical Area info
122 - Atlanta--Athens-Clarke County--Sandy Springs, GA-AL
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 77.30%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0028.02 Fulton County
Population
Total Population 3,462 1,051,550
Total Households 587 427,379
Income
Median Family Income (Census*) $0 $72,741
Median Family Income (2022 FFIEC est.) $95,700 N/A
Tract Income Percentage 0% N/A
Below Poverty Level 41.4% 13.4%
Unemployment Level 5.5% 5.8%
Housing
Total Housing Units 781 479,696
Total Owner-Occupied Units 4.0% 52.9%
Total Renter-Occupied Units 71.2% 47.1%
Total Vacant Units 24.8% 9%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

8,274
Total Voting Members
in Governing Body
info
8,274
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Sharon R Odom
CEO
(404) 832-5800
Principal Officer info
Sharon R Odom
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.