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Employer Identification Number 34-0153020

THE OHIO EDUCATIONAL CREDIT UNION, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:THE OHIO EDUCATIONAL CREDIT UNION, INC.
Employer identification number (EIN):34-0153020
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration THE OHIO EDUCATIONAL CREDIT UNION, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationOhio, OH

Organization Overview

Mission StatementTHE OHIO EDUCATIONAL CREDIT UNION IS A FULL-SERVICE FINANCIAL INSTITUTION. OUR GOAL IS TO RECOGNIZE AND UNDERSTAND THE UNIQUE NEEDS OF OUR INDIVIDUAL MEMBERS AND TO FULFILL THOSE NEEDS THROUGH A VARIETY OF DIVERSIFIED PRODUCTS AND SERVICES.
Number of Employees58
Number of Volunteers10
Year Formed1933

Organization Governance

Legal DomicileOH
Voting Members - Governing Body10
Voting Members - Independent10

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 23,520
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,601,701
Program Service Revenue from current yearUSD $ 7,243,880
Investment Income from prior yearUSD $ 625,794
Investment Income from current yearUSD $ 1,040,241
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 8,284,121
Net assets / fund balances at end of fiscal yearUSD $ 8,689,091
Net assets / fund balances at beginning of fiscal yearUSD $ 7,995,259
Total liabilities at end of fiscal yearUSD $ 138,967,809
Total liabilities at beginning of fiscal yearUSD $ 147,167,669
Total assets at end of fiscal yearUSD $ 147,656,900
Total assets at beginning of fiscal yearUSD $ 155,162,928
Revenues less expenses for current yearUSD $ 969,702
Revenues less expenses for previous yearUSD $ 585,111
Total expenses for current yearUSD $ 7,314,419
Total expenses for previous yearUSD $ 6,642,384
Other expenses in current yearUSD $ 4,393,472
Other expenses in previous yearUSD $ 3,929,030
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,920,947
Employee salary and benefits paid in previous yearUSD $ 2,713,354
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,284,121
Total revenue in previous fiscal yearUSD $ 7,227,495
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 36,606
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,168,963
Program Service Revenue from current yearUSD $ 6,601,701
Investment Income from prior yearUSD $ 347,894
Investment Income from current yearUSD $ 625,794
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 7,227,495
Net assets / fund balances at end of fiscal yearUSD $ 7,995,259
Net assets / fund balances at beginning of fiscal yearUSD $ 9,277,957
Total liabilities at end of fiscal yearUSD $ 147,167,669
Total liabilities at beginning of fiscal yearUSD $ 143,529,993
Total assets at end of fiscal yearUSD $ 155,162,928
Total assets at beginning of fiscal yearUSD $ 152,807,950
Revenues less expenses for current yearUSD $ 585,111
Revenues less expenses for previous yearUSD $ 86,228
Total expenses for current yearUSD $ 6,642,384
Total expenses for previous yearUSD $ 6,430,629
Other expenses in current yearUSD $ 3,929,030
Other expenses in previous yearUSD $ 3,615,078
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,713,354
Employee salary and benefits paid in previous yearUSD $ 2,815,551
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,227,495
Total revenue in previous fiscal yearUSD $ 6,516,857
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 37,246
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,250,259
Program Service Revenue from current yearUSD $ 6,168,963
Investment Income from prior yearUSD $ 389,813
Investment Income from current yearUSD $ 347,894
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 6,516,857
Net assets / fund balances at end of fiscal yearUSD $ 9,277,957
Net assets / fund balances at beginning of fiscal yearUSD $ 9,650,649
Total liabilities at end of fiscal yearUSD $ 143,529,993
Total liabilities at beginning of fiscal yearUSD $ 130,586,050
Total assets at end of fiscal yearUSD $ 152,807,950
Total assets at beginning of fiscal yearUSD $ 140,236,699
Revenues less expenses for current yearUSD $ 86,228
Revenues less expenses for previous yearUSD $ -262,269
Total expenses for current yearUSD $ 6,430,629
Total expenses for previous yearUSD $ 6,902,341
Other expenses in current yearUSD $ 3,615,078
Other expenses in previous yearUSD $ 4,009,286
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,815,551
Employee salary and benefits paid in previous yearUSD $ 2,893,055
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,516,857
Total revenue in previous fiscal yearUSD $ 6,640,072
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 43,216
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 7,074,956
Program Service Revenue from current yearUSD $ 6,250,259
Investment Income from prior yearUSD $ 564,253
Investment Income from current yearUSD $ 389,813
Other Revenue from prior yearUSD $ 36,945
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 6,640,072
Net assets / fund balances at end of fiscal yearUSD $ 9,650,649
Net assets / fund balances at beginning of fiscal yearUSD $ 9,656,042
Total liabilities at end of fiscal yearUSD $ 130,586,050
Total liabilities at beginning of fiscal yearUSD $ 113,569,951
Total assets at end of fiscal yearUSD $ 140,236,699
Total assets at beginning of fiscal yearUSD $ 123,225,993
Revenues less expenses for current yearUSD $ -262,269
Revenues less expenses for previous yearUSD $ 131,518
Total expenses for current yearUSD $ 6,902,341
Total expenses for previous yearUSD $ 7,544,636
Other expenses in current yearUSD $ 4,009,286
Other expenses in previous yearUSD $ 4,499,436
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,893,055
Employee salary and benefits paid in previous yearUSD $ 3,045,200
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,640,072
Total revenue in previous fiscal yearUSD $ 7,676,154
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2019-12-31
Total unrelated business incomeUSD $ 36,945
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,842,628
Program Service Revenue from current yearUSD $ 7,074,956
Investment Income from prior yearUSD $ 422,856
Investment Income from current yearUSD $ 564,253
Other Revenue from prior yearUSD $ 32,528
Other Revenue from current yearUSD $ 36,945
Gross receipts from all sourcesUSD $ 7,688,154
Net assets / fund balances at end of fiscal yearUSD $ 9,656,042
Net assets / fund balances at beginning of fiscal yearUSD $ 9,348,338
Total liabilities at end of fiscal yearUSD $ 113,569,951
Total liabilities at beginning of fiscal yearUSD $ 113,529,841
Total assets at end of fiscal yearUSD $ 123,225,993
Total assets at beginning of fiscal yearUSD $ 122,878,179
Revenues less expenses for current yearUSD $ 131,518
Revenues less expenses for previous yearUSD $ -432,518
Total expenses for current yearUSD $ 7,544,636
Total expenses for previous yearUSD $ 7,730,530
Other expenses in current yearUSD $ 4,499,436
Other expenses in previous yearUSD $ 4,714,265
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,045,200
Employee salary and benefits paid in previous yearUSD $ 3,016,265
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,676,154
Total revenue in previous fiscal yearUSD $ 7,298,012
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 36,945
2018-12-31
Total unrelated business incomeUSD $ 32,528
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,741,130
Program Service Revenue from current yearUSD $ 6,842,628
Investment Income from prior yearUSD $ 981,040
Investment Income from current yearUSD $ 422,856
Other Revenue from prior yearUSD $ 65,595
Other Revenue from current yearUSD $ 32,528
Gross receipts from all sourcesUSD $ 7,298,012
Net assets / fund balances at end of fiscal yearUSD $ 9,348,338
Net assets / fund balances at beginning of fiscal yearUSD $ 9,889,599
Total liabilities at end of fiscal yearUSD $ 113,529,841
Total liabilities at beginning of fiscal yearUSD $ 117,431,741
Total assets at end of fiscal yearUSD $ 122,878,179
Total assets at beginning of fiscal yearUSD $ 127,321,340
Revenues less expenses for current yearUSD $ -432,518
Revenues less expenses for previous yearUSD $ 510,585
Total expenses for current yearUSD $ 7,730,530
Total expenses for previous yearUSD $ 7,277,180
Other expenses in current yearUSD $ 4,714,265
Other expenses in previous yearUSD $ 4,420,396
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,016,265
Employee salary and benefits paid in previous yearUSD $ 2,856,784
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,298,012
Total revenue in previous fiscal yearUSD $ 7,787,765
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 32,528
2017-12-31
Total unrelated business incomeUSD $ 65,595
Net unrelated business incomeUSD $ -4,908
Program Service Revenue from prior yearUSD $ 6,823,747
Program Service Revenue from current yearUSD $ 6,741,130
Investment Income from prior yearUSD $ 195,781
Investment Income from current yearUSD $ 981,040
Other Revenue from prior yearUSD $ 79,473
Other Revenue from current yearUSD $ 65,595
Gross receipts from all sourcesUSD $ 10,076,614
Net assets / fund balances at end of fiscal yearUSD $ 9,889,599
Net assets / fund balances at beginning of fiscal yearUSD $ 9,426,547
Total liabilities at end of fiscal yearUSD $ 117,431,741
Total liabilities at beginning of fiscal yearUSD $ 118,534,457
Total assets at end of fiscal yearUSD $ 127,321,340
Total assets at beginning of fiscal yearUSD $ 127,961,004
Revenues less expenses for current yearUSD $ 510,585
Revenues less expenses for previous yearUSD $ 104,228
Total expenses for current yearUSD $ 7,277,180
Total expenses for previous yearUSD $ 6,994,773
Other expenses in current yearUSD $ 4,420,396
Other expenses in previous yearUSD $ 4,199,232
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,856,784
Employee salary and benefits paid in previous yearUSD $ 2,795,541
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,787,765
Total revenue in previous fiscal yearUSD $ 7,099,001
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 65,595
2016-12-31
Total unrelated business incomeUSD $ 79,473
Net unrelated business incomeUSD $ -6,915
Program Service Revenue from prior yearUSD $ 6,687,714
Program Service Revenue from current yearUSD $ 6,823,747
Investment Income from prior yearUSD $ 223,356
Investment Income from current yearUSD $ 195,781
Other Revenue from prior yearUSD $ 81,450
Other Revenue from current yearUSD $ 79,473
Gross receipts from all sourcesUSD $ 7,126,738
Net assets / fund balances at end of fiscal yearUSD $ 9,426,547
Net assets / fund balances at beginning of fiscal yearUSD $ 9,318,712
Total liabilities at end of fiscal yearUSD $ 118,534,457
Total liabilities at beginning of fiscal yearUSD $ 116,015,883
Total assets at end of fiscal yearUSD $ 127,961,004
Total assets at beginning of fiscal yearUSD $ 125,334,595
Revenues less expenses for current yearUSD $ 104,228
Revenues less expenses for previous yearUSD $ 22,281
Total expenses for current yearUSD $ 6,994,773
Total expenses for previous yearUSD $ 6,970,239
Other expenses in current yearUSD $ 4,199,232
Other expenses in previous yearUSD $ 4,290,967
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,795,541
Employee salary and benefits paid in previous yearUSD $ 2,679,272
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,099,001
Total revenue in previous fiscal yearUSD $ 6,992,520
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 79,473
2014-12-31
Total unrelated business incomeUSD $ 87,188
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,477,148
Program Service Revenue from current yearUSD $ 6,532,774
Investment Income from prior yearUSD $ 262,254
Investment Income from current yearUSD $ 281,371
Other Revenue from prior yearUSD $ 149,648
Other Revenue from current yearUSD $ 193,557
Gross receipts from all sourcesUSD $ 11,701,841
Net assets / fund balances at end of fiscal yearUSD $ 9,324,625
Net assets / fund balances at beginning of fiscal yearUSD $ 9,088,938
Total liabilities at end of fiscal yearUSD $ 111,833,952
Total liabilities at beginning of fiscal yearUSD $ 111,928,528
Total assets at end of fiscal yearUSD $ 121,158,577
Total assets at beginning of fiscal yearUSD $ 121,017,466
Revenues less expenses for current yearUSD $ 151,717
Revenues less expenses for previous yearUSD $ -635,546
Total expenses for current yearUSD $ 6,855,985
Total expenses for previous yearUSD $ 7,524,596
Other expenses in current yearUSD $ 4,226,940
Other expenses in previous yearUSD $ 4,821,491
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,629,045
Employee salary and benefits paid in previous yearUSD $ 2,703,105
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,007,702
Total revenue in previous fiscal yearUSD $ 6,889,050
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 193,557

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 340153020

USA Location Address
2554 E 22ND ST
CLEVELAND
OH
441153204
Date first seen: 2011-09-19
Date last seen: 2016-07-29
USA Location Address
PO BOX 93079
CLEVELAND
OH
441015079
Date first seen: 2017-07-28
Date last seen: 2024-07-29
USA Mailing Address
2554 EAST 22ND STREET
CLEVELAND
OH
44115
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Mailing Address
4141 ROCKSIDE ROAD SUITE 400
SEVEN HILLS
OH
44131
Date first seen: 2007-01-01
Date last seen: 2024-10-09

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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