EIN 34-1471215

Leo Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
4
State
Year formed
1985
Most recent tax filings
2023-12-01
Description
Leo Credit Union strives to exceed expectations by providing superior service and products that promote members' financial success, all while operating in a financially sound and ethical manner. The credit union incurs direct labor and employee benefit costs to provide savings deposit services, originate new loans, and service the loan portfolio for members. Additionally, data processing costs are incurred to record member account activity and provide access to their accounts. Leo Credit Union is located in Painesville, OH.
Related structure
Leo Credit Union is child organization, under the parent exemption from Ohio Chartered Credit Unions.
Total revenues
$482,987
2023
Total expenses
$707,107
2023
Total assets
$10,518,000
2023
Num. employees
4
2023

Program areas at Leo Credit Union

Dividend and interest paid to members on approximately 2,193 deposit accounts held by approximately 1,693 members.
Data processing costs incurred recording member account activity and providing access to members to their accounts.
Direct labor and employee benefit costs incurred providing savings deposit services, originating new loans and servicing the loan portfolio for members.

Personnel at Leo Credit Union

NameTitleCompensation
Jared FurniaChief Executive Officer$87,975
Beth PatlaPast Chief Executive Officer$70,335

Financials for Leo Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$409,845
Investment income and dividends$73,142
Tax-exempt bond proceeds$0
Royalty revenue$0
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$0
Total revenues$482,987

Form 990s for Leo Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-20990View PDF
2022-122023-10-13990View PDF
2021-122022-11-02990View PDF
2020-122021-09-20990View PDF
2018-122019-10-30990View PDF
...and 9 more Form 990s
Data update history
December 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 4, 2023
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
August 10, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
Address
155 Freedom Rd
Painesville, OH 44077
Metro area
Cleveland-Elyria, OH
County
Lake County, OH
Website URL
leocu.org/ 
Phone
(440) 347-3891
IRS details
EIN
34-1471215
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1985
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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