953 Girard Credit Union Inc
- Assets
- $2.0m
- Revenue
- $52.9k
- Investments
- $0.0
- Employees
- 3
- Location
- girard, OH
- Founding
- 04/1969
- Data as of
- 12/2021
- EIN
- 34-0970124
Organization Overview
953 Girard Credit Union Inc is located in girard, OH. The organization was established in 1969. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, 953 Girard Credit Union Inc employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 953 Girard Credit Union Inc is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.
For the year ending 12/2021, 953 Girard Credit Union Inc generated $52.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $131.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MEMBER OWNED NON PROFIT CREDIT UNION PROVIDING MEMBERS WITH AFFORDABLE LOANS AND GOOD RETURN ON SAVINGS ACCOUNTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OFFER SAVINGS ACCOUNTS TO MEMBERS AT BETTER THAN BANK INTEREST AND PROVIDE LOANS TO MEMBERS AT ATTRACTIVE INTEREST RATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy A Johnson Treasurer | OfficerTrustee | 20 | $11,565 |
Kristy Fill Treasurer/asst Treasurer | OfficerTrustee | 15 | $7,078 |
Denise Deltondo President | OfficerTrustee | 6 | $592 |
Peter Gabriel Vice-President | OfficerTrustee | 1 | $0 |
Roberta Lawrentz Secretary | OfficerTrustee | 1 | $0 |
Joyce Bowser Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,710 |
| Investment income | $1,209 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,919 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $19,235 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,704 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $268 |
| Office expenses | $5,520 |
| Information technology | $5,521 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,207 |
| Interest | $0 |
| Payments to affiliates | $2,178 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,197 |
| All other expenses | $0 |
| Total functional expenses | $131,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,970 |
| Savings and temporary cash investments | $63,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,107,630 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $466,461 |
| Intangible assets | $0 |
| Other assets | $3,749 |
| Total assets | $1,961,083 |
| Accounts payable and accrued expenses | $7,606 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,706,592 |
| Total liabilities | $1,714,198 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $246,885 |
| Total liabilities and net assets/fund balances | $1,961,083 |
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