1134 Credit Union Of Ohio Inc is located in Hilliard, OH. The organization was established in 1969. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, 1134 Credit Union Of Ohio Inc employed 55 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 1134 Credit Union Of Ohio 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, 1134 Credit Union Of Ohio Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $8.0m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE THRIFT AND CREDIT TO ITS MEMBERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL SERVICES TO ITS MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Capuano Jr CEO | Officer | 40 | $354,427 |
Tonya Keaton Executive Vice President | 40 | $173,689 | |
Jill Gerschutz Senior Vice President | Officer | 40 | $143,076 |
Karen Rose VP Of Finance | Officer | 40 | $133,811 |
Sylvester Patton Board Treasurer | Officer | 1 | $0 |
Elizabeth Chase Board Secretary | Officer | 1 | $0 |
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 | $7,057,121 |
Investment income | $1,090,501 |
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 | $8,147,622 |
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. | $805,003 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,126,387 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $622,820 |
Payroll taxes | $212,701 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,741 |
Fees for services: Accounting | $76,090 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $29,474 |
Advertising and promotion | $257,975 |
Office expenses | $510,180 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,172,960 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $446,057 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $390,668 |
Insurance | $85,143 |
All other expenses | $0 |
Total functional expenses | $8,024,305 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,150,327 |
Savings and temporary cash investments | $19,690,215 |
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 | $74,341,236 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $6,022,794 |
Investments—publicly traded securities | $0 |
Investments—other securities | $91,173,669 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $8,485,425 |
Total assets | $200,863,666 |
Accounts payable and accrued expenses | $1,008,169 |
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 | $180,897,292 |
Total liabilities | $181,905,461 |
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 | $18,958,205 |
Total liabilities and net assets/fund balances | $200,863,666 |
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