EIN 34-1055466

Geauga Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
12
City
State
Year formed
1956
Most recent tax filings
2022-12-01
Description
Geauga Credit Union provides financial services to qualified members without charging closing costs or fees. It is located in Burton, OH.
Related structure
Geauga Credit Union is child organization, under the parent exemption from Ohio Chartered Credit Unions.
Total revenues
$2,388,027
2022
20182019202020212022$1.4m$1.8m$2.2m
Total expenses
$1,665,798
2022
20182019202020212022$1m$1.4m$1.8m
Total assets
$66,325,020
2022
20182019202020212022$30m$50m$70m
Num. employees
12
2022
2018201920202021202201020

Program areas at Geauga Credit Union

Paid for compensation, employee benefits and related payroll taxes. Employees provide a wide range of services for our members including, but not limited to, educating members on available services/products, opening and servicing deposit and loan products, assist members when issues arise concerningtheir accounts. Gcu strives to provide personal member services.
Costs associated with providing financial services/products to our members. Includes heloc costs; members do not pay any closing costs or fees; providing an atm, debit and visa card program, offering bill pay via our nline banking site, ira and providing indirect lending services at select dealerships. Includes costs associated with everyday banking transactions such as deposits, clearing drafts, having cash available, also fees charged to us to accept credit/debit card payments on loans.
Costs associated with providing an office for staff and members. Includes equipment, services and supplies required for employees to perform their duties. Gcu provides monthly and semi-annual paper statements to our members.the cost of such continues to be a growing expense. We do not charge our membersfor paper statements. Additional costs incurred are to maintain the building along with utilities, real estate taxes and building insurance expense.

Personnel at Geauga Credit Union

NameTitleCompensation
Lisa K BriggsChief Executive Officer$75,191
Thomas BriggsTreasurer$0
Linda SwaneySecretary / Director$0
Barbara TitusVice President / Secretary / Board Member$0
Jay AllenDirector / President$0
...and 3 more key personnel

Financials for Geauga Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$2,314,247
Investment income and dividends$52,925
Tax-exempt bond proceeds$0
Royalty revenue$20,843
Net rental income$0
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$12
Total revenues$2,388,027

Form 990s for Geauga Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-09-29990View PDF
2020-122021-10-13990View PDF
2019-122021-06-24990View PDF
2018-122019-12-06990View PDF
...and 9 more Form 990s

Organizations like Geauga Credit Union

OrganizationLocationRevenue
Members First Credit Union - 809Columbus, OH$2,839,695
1123 Credit Union OneWarren, OH$706,207
Riverview Credit UnionBelpre, OH$2,691,291
Taleris Credit UnionIndependence, OH$2,944,690
Impact Credit UnionClyde, OH$8,485,851
Bridge Credit UnionPowell, OH$8,389,453
959 Latvian Cleveland Credit Union - 959Lakewood, OH$950,859
GROhio Community Credit UnionMansfield, OH$804,942
Wiremen's Credit UnionParma, OH$919,976
55 Bay Area Credit UnionOregon, OH$3,651,914
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 9, 2023
Updated personnel
Identified 4 new personnel
May 19, 2022
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 839
Burton, OH 44021
Metro area
Cleveland-Elyria, OH
County
Geauga County, OH
Website URL
geaugacreditunion.com/ 
Phone
(440) 834-4327
IRS details
EIN
34-1055466
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
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
Free account sign-up

Want updates when Geauga Credit Union has new information, or want to find more organizations like Geauga Credit Union?

Create free Cause IQ account