EIN 31-0387145

Universal 1 Credit Union (U1)

IRS 501(c) type
501(c)(14)
Num. employees
122
City
State
Year formed
1937
Most recent tax filings
2022-12-01
Description
Universal 1 Credit Union (U1) is a not-for-profit financial institution that exists to create personal, community and financial wellbeing. They'll empower your financial life by creating the best possible experience.
Related structure
U1 is child organization, under the parent exemption from Ohio Chartered Credit Unions.
Total revenues
$20,536,966
2022
Total expenses
$18,365,211
2022
Total assets
$453,082,352
2022
Num. employees
122
2022

Program areas at U1

Lending to Credit Union members: we provided 7,641 Credit card and line of Credit loans; 8,759 vehicle loans; 1,233 mortgage loans; and 501 other loans to members in 2022
Providing financial services to Credit Union members: we provided 29,661 checking accounts; 38,171 savings accounts; 1,032 money market accounts; 1,397 retirement accounts; 2,511 certificates of deposit:; and 2,892 other accounts to members in 2022.

Personnel at U1

NameTitleCompensation
Jessica O JonesPresident and Chief Executive Officer$365,137
Lisa N SchaeferChief Operations Officer$149,047
Kathryn M Lewis TreasurercfoTreasurer and Chief Financial Officer
Michael L HardwickChief Information Officer$160,119
Molly L FennellVice President - Operations$70,764
...and 32 more key personnel

Financials for U1

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$17,930,898
Investment income and dividends$2,606,237
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-169
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$20,536,966

Form 990s for U1

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-20990View PDF
2021-122022-04-20990View PDF
2020-122021-09-03990View PDF
2019-122020-12-16990View PDF
2018-122019-10-04990View PDF
...and 9 more Form 990s

Organizations like U1

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Firefighters Community Credit Union (FCCU)Cleveland, OH$14,606,591
Impact Credit UnionClyde, OH$8,485,851
1381 River Valley Credit UnionMiamisburg, OH$19,820,493
Kemba Credit UnionWest Chester, OH$66,359,307
1307 Day Air Credit UnionKettering, OH$34,112,228
Bridge Credit UnionPowell, OH$8,389,453
Daymet Credit UnionDayton, OH$5,514,846
Best Reward Credit UnionBrook Park, OH$5,134,470
Data update history
November 16, 2023
Updated personnel
Identified 7 new personnel
November 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
May 10, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
Address
1 River Park Dr
Dayton, OH 45409
Metro area
Dayton-Kettering, OH
County
Montgomery County, OH
Website URL
u1cu.org/ 
Phone
(937) 225-6800
Facebook page
myu1cu 
IRS details
EIN
31-0387145
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
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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