EIN 31-0387145

Universal 1 Credit Union (U1)

IRS 501(c) type
501(c)(14)
Num. employees
80
City
State
Year formed
1937
Most recent tax filings
2023-12-01
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
$26,354,343
2023
Total expenses
$23,575,926
2023
Total assets
$417,035,587
2023
Num. employees
80
2023

Program areas at U1

Lending to Credit Union members: we provided 7,427 Credit card and line of Credit loans; 7,546 vehicle loans; 1,241 mortgage loans; and 521 other loans to members in 2023
Providing financial services to Credit Union members: we provided 30,601 checking accounts; 36,258 savings accounts; 1,038 money market accounts; 1,281 retirement accounts; 2,616 certificates of deposit; and 3,116 other accounts to members in 2023.

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 12/2023
Total grants, contributions, etc.$0
Program services$21,363,880
Investment income and dividends$5,006,552
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-16,089
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$26,354,343

Form 990s for U1

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-23990View PDF
2022-122023-09-20990View PDF
2021-122022-04-20990View PDF
2020-122021-09-03990View PDF
2019-122020-12-16990View PDF
...and 10 more Form 990s

Organizations like U1

OrganizationLocationRevenue
P S E Credit UnionParma, OH$9,020,403
Education First Credit UnionColumbus, OH$7,953,641
907 Associated School Employees Credit UnionYoungstown, OH$6,758,023
Buckeye State Credit UnionAkron, OH$10,887,397
Cincinnati Central Credit UnionCincinnati, OH$7,840,865
OUCU Financial Credit UnionAthens, OH$22,921,961
CES Credit UnionMount Vernon, OH$10,325,099
955 Sharefax Credit UnionCincinnati, OH$18,157,504
The Ohio Educational Credit Union (OHecu)Seven Hills, OH$8,284,121
718 Atomic Credit UnionPiketon, OH$35,641,688
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
Free account sign-up

Want updates when U1 has new information, or want to find more organizations like Universal 1 Credit Union (U1)?

Create free Cause IQ account