EIN 31-0568628

General Electric Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
581
State
Year formed
1954
Most recent tax filings
2022-12-01
Description
To provide quality member service. Financial services provided to members shall be in as wide a variety as possible and offered as conveniently as possible while emphasizing friendliness.
Related structure
General Electric Credit Union is child organization, under the parent exemption from Ohio Chartered Credit Unions.
Total revenues
$167,594,908
2022
Total expenses
$134,004,722
2022
Total assets
$4,683,051,080
2022
Num. employees
581
2022

Program areas at General Electric Credit Union

Provide 254,000 members a variety of loan and deposit services at competitive interest rates and terms.
Continued additions to technology designed to maximize access to various online portals that contain a variety of products and services to its members.
Originated 45,700 loans in excess of $2.0 billion in various loans categories including residential, commercial, consumer, indirect auto, marine, and rv loans.

Grants made by General Electric Credit Union

GranteeGrant descriptionAmount
Grant Us HopeGeneral Support$19,500
Alzheimer's AssociationGeneral Support$18,500
Beech Acres Parenting CenterGeneral Support$10,000
...and 4 more grants made

Personnel at General Electric Credit Union

NameTitleCompensation
Timothy BallingerPresident and Chief Executive Officer$1,026,392
Dan VonderhaarChief Financial Officer
Craig S BurtonChief Information Officer$167,656
Melanie Disney TamaskaChief Human Resources Officer$180,991
Nicholas McEvoyChief Delivery Officer$225,470
...and 12 more key personnel

Financials for General Electric Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$160,823,517
Investment income and dividends$13,298,514
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-6,527,123
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$167,594,908

Form 990s for General Electric Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-07990View PDF
2018-122020-06-09990View PDF
...and 9 more Form 990s

Organizations like General Electric Credit Union

OrganizationLocationRevenue
Seven Seventeen Credit UnionWarren, OH$78,190,190
Kemba Credit UnionWest Chester, OH$66,359,307
37 KEMBA Financial Credit UnionGahanna, OH$95,459,407
Directions Credit UnionToledo, OH$51,322,448
Telhio Credit Union (TCU)Columbus, OH$63,054,320
Wright-Patt Credit Union (WPCU)Beavercreek, OH$382,105,647
Credit Union of TexasAllen, TX$136,553,125
San Mateo Credit Union (SMCU)Redwood City, CA$70,068,460
Fivepoint Credit UnionNederland, TX$49,433,751
Provident Credit UnionRedwood City, CA$112,950,041
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 6, 2024
Updated personnel
Identified 4 new personnel
December 26, 2023
Used new vendors
Identified 3 new vendors, including , , and
August 17, 2023
Updated personnel
Identified 1 new personnel
July 10, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
Address
11311 Cornell Park Dr Suite 124
Cincinnati, OH 45242
Metro area
Cincinnati, OH-KY-IN
Website URL
gecreditunion.org/ 
Phone
(513) 577-8813
IRS details
EIN
31-0568628
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
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 General Electric Credit Union has new information, or want to find more organizations like General Electric Credit Union?

Create free Cause IQ account