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EIN 34-0894661

Achieve Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
52
City
Elyria
State
Ohio
Year formed
1958
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Achieve Credit Union exceeds expectations by providing superior financial services to qualified members. It operates in a financially sound, ethical manner to promote members' financial success. The credit union incurs data processing costs to record member account activity and provide access through home banking, ATM networks and in-person at offices. Direct labor and employee benefit costs are incurred while providing savings deposit services and originating new loans while servicing the loan portfolio for members.
Related structure
Achieve Credit Union is child organization, under the parent exemption from Ohio Chartered Credit Unions.
Also known as...
School Employees Lorain County Credit Union
Total revenues
$6,076,908
2022
Total expenses
$5,541,739
2022
Total assets
$176,055,244
2022
Num. employees
52
2022

Program areas at Achieve Credit Union

Dividends and interest paid to members on approximately 21,100 deposit accounts held by approximately 11,650 members.
Data processing costs incurred recording member account activity and providing access to members to their accounts via home banking, ATM networks and in person at the credit union offices.
Direct labor and employee benefit costs incurred providing savings deposit services, originating new loans and servicing the loan portfolio for members.

Personnel at Achieve Credit Union

NameTitleCompensation
Brent BinkleyFormer President and Chief Executive Officer$95,197
Bret FisherChief Executive Officer$73,873
John BartterFounder , Former President and Chief Executive Officer
Neil R. SommersFormer Chief Executive Officer$158,814
Karen S AkersChief Financial Officer$124,307

Financials for Achieve Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$4,412,300
Investment income and dividends$1,663,408
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,200
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,076,908

Form 990s for Achieve Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122022-10-28990View PDF
2020-122021-10-20990View PDF
2019-122021-06-08990View PDF
2018-122020-01-17990View PDF
...and 9 more Form 990s

Organizations like Achieve Credit Union

OrganizationLocationRevenue
Universal 1 Credit Union (U1)Dayton, OH$20,536,966
110 Aurgroup Financial Credit UnionFairfield, OH$9,792,574
333 Golden Circle Credit UnionMassillon, OH$2,904,500
138 Towpath Credit UnionFairlawn, OH$8,942,681
0220 Abbey Credit UnionVandalia, OH$6,146,738
Cleveland Police Credit UnionCleveland, OH$1,744,381
Christian Family Credit UnionMilford, OH$3,285,283
Members First Credit Union - 809Columbus, OH$2,839,695
55 Bay Area Credit UnionOregon, OH$4,815,421
Taleris Credit UnionIndependence, OH$2,944,690
Data update history
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 2 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 3 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelProvides scholarships
General information
Address
340 Griswold Rd
Elyria, OH 44035
Metro area
Cleveland-Elyria, OH
County
Lorain County, OH
Website URL
achievecu.org/ 
Phone
(440) 324-3400
IRS details
EIN
34-0894661
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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