42 Kemba Credit Union Inc

Organization Overview

42 Kemba Credit Union Inc is located in West Chester, 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, 42 Kemba Credit Union Inc employed 330 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 42 Kemba 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, 42 Kemba Credit Union Inc generated $59.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $42.6m during the year ending 12/2021. While expenses have increased by 7.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL SERVICES TO ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FINANCIAL SERVICES TO ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel Sutton
President
$643,290
Duane Stacklin
Chief Lending Officer
$262,105
Daniel Schroer
CFO
$247,530
Dennis Wander
Indirect Lending Manager
$233,682
Dave Gschwind
VP Mortgage Services
$232,592
Ryon Brubaker
SVP Of It
$202,242

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Beth Yeary
Real Estate Agent
$453,149
Sean Donovan
Real Estate Agent
$200,660
Tina Mattix
Real Estate Agent
$101,925
Sarah Duer
Real Estate Agent
$106,515
View All Vendors

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$58,233,034
Investment income $1,442,695
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 $59,675,729

Grants Recieved

Over the last fiscal year, we have identified 1 grants that 42 Kemba Credit Union Inc has recieved totaling $700,000.

Awarding OrganizationAmount
Jobsohio

Columbus, OH

PURPOSE: ECONOMIC DEVELOPMENT

$700,000
View Grant Recipient Profile

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