National Association of Federally- Insured Credit Unions
The National Association of Federally-Insured Credit Unions (NAFCU), based in Arlington, Virginia, was a public charity whose stated mission was to strengthen credit unions through federal advocacy, education, and compliance assistance. Its 2023 IRS filing is marked as the organization’s final return, so it appears to have wound down or stopped grantmaking.
National Association of Federally- Insured Credit Unions at a glance
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to National Association of Federally- Insured Credit Unions
- Contact
Mailing address: 3138 10Th St North 300, Arlington, VA 22201
Phone: (703) 522-4770
Website: https://nafcu.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who National Association of Federally- Insured Credit Unions funds
How this funder distributes its grants
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 45 grants of 46 (98%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Is National Association of Federally- Insured Credit Unions open to new grantees?
27%
first-time grantees, 2023
In 2023, 3 of 11 grantees (27%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $31K; repeat grants $12K. How we count
Medians: $22K first-time, $10K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $148K (2020) to $209K (2022). In 2023 it made 11 grants totaling $186K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Hospital Foundation Washington, DC | Match of pac donations - pledge owed not paid, not tax deductible per fec | $62,263 |
| Oregon Health & Science University Foundation Portland, OR | Match of pac donations - pledge owed not paid, not tax deductible per fec | $21,843 |
| Peace Health Sacred Heart Medical Center Foundation Seattle, WA | Match of pac donations - pledge owed not paid, not tax deductible per fec | $21,843 |
| Children's Miracle Network Hershey, PA | Match of pac donations - pledge owed not paid, not tax deductible per fec | $13,586 |
| The Upstate Foundation Inc Syracuse, NY | Match of pac donations - pledge owed not paid, not tax deductible per fec | $13,586 |
| Credit Union Miracle Day Committee Columbia, MD | Unrestricted Charitable Gift | $10,000 |
| Filene Research Institute Madison, WI | Unrestricted Charitable Gift | $10,000 |
| Chartway Promise Foundation Virginia Beach, VA | Unrestricted charitable gift and match of pac donations - pledge owed not paid, not tax deductible per fec | $9,873 |
| Ascension Sacred Heart Foundation Pensacola, FL | Match of pac donations - pledge owed not paid, not tax deductible per fec | $8,116 |
| African American Credit Union Coalition Snellville, GA | Unrestricted Charitable Gift | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2023 | $32,647,025 | $24,843,212 | $23,429,637 | $185,880 | 11 | $664,947 |
| 2022 | $33,547,313 | $21,551,977 | $19,826,935 | $209,081 | 14 | $317,044 |
| 2021 | $31,185,033 | $18,837,903 | $17,132,837 | $189,521 | 12 | $276,116 |
| 2020 | $28,427,503 | $16,494,713 | $15,718,873 | $147,941 | 9 | $384,949 |
| 2019 | $28,576,772 | $19,387,813 | $18,466,082 | $190,294 | 10 | $652,967 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization’s mission, as stated in its 2023 filing, was “to strengthen credit unions by providing the best federal advocacy, education and compliance assistance in the industry.” The filing also states that membership was open to federally insured natural-person or corporate credit unions, with one vote per member.
Its 2023 grants included organizations with varied missions. The Upstate Foundation described its work as administering gifts for education, research, patient care, and community health and well-being for SUNY Upstate Medical University and the Central New York region. Filene Research Institute described its mission as strengthening organizations through research and incubation to improve consumer financial well-being. The African American Credit Union Coalition described its mission as increasing diversity in the credit union community through advocacy and professional development. Chartway Promise Foundation described its mission as providing memorable experiences for medically fragile children and their families.
Grantmaking
In 2023, NAFCU reported $185,880 in grants across 11 grants, an average of about $16,898 per grant. Examples of 2023 grants include:
The 2023 filing is marked as final.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing:
- Gary A. Grinnell — Chair
- Brian T. Schools — Vice Chair
- Karen C. Harbin — Treasurer
- Lonnie Nicholson — Secretary
- Melanie Kennedy — Director
- Frank Mancini — Director
- Karen Rosales — Director
- Stephanie Sherrodd — Director
- Keith Sultemeier — Director
- Eli Vazquez — Director
National Association of Federally- Insured Credit Unions is led by B. Daniel Berger, President & CEO on every filing since 2019; none of the 13 officers listed in 2024 report compensation.
Officers on the 2024 filing
B. Daniel Berger
President & CEO
On filings since 2019
40 hrs/week
$1.1M (2019) → $0 (2024)
Gary A. Grinnell
Chair
Secretary → Vice Chair, 2021
Vice Chair → Chair, 2022
On filings since 2019
10 hrs/week
No compensation reported
Keith Sultemeier
Director
On filings since 2019
1 hr/week
No compensation reported
Melanie Kennedy
Director
On filings since 2020
1 hr/week
No compensation reported
Frank Mancini
Director
On filings since 2021
1 hr/week
No compensation reported
Eli Vazquez
Director
On filings since 2022
1 hr/week
No compensation reported
Karen Rosales
Director
On filings since 2022
1 hr/week
No compensation reported
Stephanie Sherrodd
Director
On filings since 2022
1 hr/week
No compensation reported
Whitney Anderson
Director
On filings since 2023
1 hr/week
No compensation reported
Anthony Demangone
Executive Vice President & COO
On filings since 2019
40 hrs/week
$451K (2019) → $0 (2024)
Brian T. Schools
Vice Chair
Director → Treasurer, 2021
Treasurer → Vice Chair, 2022
On filings since 2019
10 hrs/week
No compensation reported
Lonnie Nicholson
Secretary
Director → Secretary, 2022
On filings since 2019
5 hrs/week
No compensation reported
Karen C. Harbin
Treasurer
Director → Secretary, 2021
Secretary → Treasurer, 2022
On filings since 2020
5 hrs/week
No compensation reported
Former officers (23)
- Former: Gregory Johns (2019–2023) — Vice President Finance
- Former: Catherine Porterfield (2021–2023) — Vice President Member & Chief Engagement Officer
- Former: Ann Petros (2022–2023) — Vice President Regulatory Affairs
- Former: Carol Browne (2022–2023) — Vice President Hr & Administration
- Former: Brad Thaler (2023) — Vice President Legislative Affairs
- Former: Gregory Mesack (2023) — Senior Vice President Government Affairs
- Former: Bradford Thaler (2019–2022) — Vice President Legislative Affairs
- Former: James A. Kenyon (2019–2022) — Director
- Former: Jan N. Roche (2019–2022) — Director
- Former: Thomas W. Dewitt (2019–2022) — Chair
- Former: Lisa A. Schlehuber (2020–2022) — Director
- Former: Greg Mesack (2022) — Senior Vice President Government Affairs
- Former: Brandy Bruyere (2019–2021) — Vice President & Regulatory Compliance
- Former: Carrie Hunt (2019–2021) — Executive Vice President, Gov't Affairs & General Counsel
- Former: Debra Schwartz (2019–2021) — Chair
- Former: Ann Kossachev (2021) — Vice President & Regulatory Affairs
- Former: Catherine Safady (2019–2020) — Vice President, Membership & Sales
- Former: Daniel J. Weickenand (2019–2020) — Director
- Former: Jacqueline Ortiz Ramsay (2019–2020) — Vice President, Media Relations & Comms.
- Former: Jeanne Kucey (2019–2020) — Chair
- Former: Charles A. Rutan (2019) — Director
- Former: Richard L. Harris (2019) — Director
- Former: Robert L. Fisher (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $1.3M, to B Daniel Berger (President/CEO). 8 officers or directors reported compensation on that filing.
Frequently asked questions about National Association of Federally- Insured Credit Unions
What does National Association of Federally- Insured Credit Unions fund?
The organization’s mission, as stated in its 2023 filing, was “to strengthen credit unions by providing the best federal advocacy, education and compliance assistance in the industry.” See mission & focus areas ↑
How do I apply for a grant from National Association of Federally- Insured Credit Unions?
National Association of Federally- Insured Credit Unions has no public application process in the sources Grantable reviewed. Check nafcu.org for current guidelines, or contact the foundation directly before submitting a request.
What is National Association of Federally- Insured Credit Unions's EIN?
National Association of Federally- Insured Credit Unions's EIN (Employer Identification Number) is 95-2642719. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 1, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 22, 2024)
- IRS filings on file for fiscal years 2020–2024
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Figures come from National Association of Federally- Insured Credit Unions's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
National Association of Federally- Insured Credit Unions down — hundreds of funders to go?