Nonprofit · EIN 31-0387145
0197 UNIVERSAL 1 CREDIT UNION INC
Also known as ross co retired teachers
Tax-exempt · DAYTON, OH 45409
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $26,406,938 | $25,948,508 | $458,430 | $417,734,447 | $375,621,879 | $42,112,568 |
| December 31, 2023 | 990 | $26,354,343 | $23,575,926 | $2,778,417 | $417,035,587 | $377,657,026 | $39,378,561 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $20,226,060
- Investment income
- $6,180,878
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,012,745
- Other salaries and wages
- $3,862,236
- Salaries, compensation and benefits (total)
- $7,081,245
- Professional fundraising fees
- $0
- Legal fees
- $189,268
- Accounting fees
- $214,453
- Occupancy
- $987,378
- Travel
- $28,366
- Depreciation
- $402,801
Balance sheet and other
- Total assets, start of year
- $417,035,587
- Total assets, end of year
- $417,734,447
- Total liabilities, end of year
- $375,621,879
- Net assets, end of year
- $42,112,568
- Land, buildings and equipment
- $6,701,787
- Gross unrelated business income
- $147,018
- Gross receipts
- $26,406,938
- Employees
- 120
- Volunteers
- 6
- Year formed
- 1937
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA O JONES | PRESIDENT/CEO Trustee or director, Officer | 36 | $421,597 | $24,817 |
| LISA N SCHAEFER | CHIEF OPERATIONS OFFICER Officer | 36 | $218,466 | $44,657 |
| KATHRYN M LEWIS | TREASURER/CFO Officer | 36 | $180,975 | $39,304 |
| MICHAEL L HARDWICK | CHIEF INFORMATION OFFICER Officer | 36 | $186,288 | $12,548 |
| KAREN SHROYER | CHIEF ADMINSTRATION OFFICER Officer | 36 | $160,418 | $10,865 |
| DANIEL L GOUGE | VP DIGITAL STRATEGY Officer | 36 | $112,563 | $41,250 |
| MOLLY L FENNELL | VP OPERATIONS Officer | 36 | $109,085 | $35,727 |
| RODERICK L PINKNEY | VP RISK MANAGEMENT Officer | 36 | $109,679 | $33,942 |
| SAM MCLAIN | VP MARKETING Officer | 36 | $77,720 | $32,320 |
| AMBER BEARD | VP HUMAN RESOURCES (THRU 5/24/24) Officer | 36 | $61,401 | $11,855 |
| MITCH VOCKE | CHIEF LENDING OFFICER (START 07/24) Officer | 36 | $61,323 | $831 |
| LAWRENCE J FERNANDEZ | VP LENDING (THRU 1/31/24) Officer | 36 | $22,370 | $2,744 |
| JEFFREY W GAMMELL | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL P THONNERIEUX | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROSEMARY D DOMANSKY | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY J STAPP | DIRECTOR Trustee or director, Officer | 1 | $0 |
| JASON A KERSHNER | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MAKELL BACCUS | DIRECTOR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA O JONES | PRESIDENT/CEO Trustee or director, Officer | 36 | $371,949 | $29,663 |
| LISA N SCHAEFER | CHIEF OPERATIONS OFFICER Officer | 36 | $157,555 | $44,245 |
| KATHRYN M LEWIS | TREASURE/CFO Officer | 36 | $159,948 | $41,303 |
| MICHAEL L HARDWICK | CHIEF INFORMATION OFFICER Officer | 36 | $164,991 | $14,484 |
| KAREN N SHROYER | CAO Officer | 36 | $140,631 | $12,354 |
| DANIEL L GOUGE | VP-DIGITAL STRATEGY Officer | 36 | $107,079 | $43,044 |
| MOLLY L FENNELL | VP-OPERATIONS Officer | 36 | $96,376 | $36,597 |
| LAWRENCE J FERNANDEZ | VP-LENDING Officer | 36 | $113,444 | $13,658 |
| CEEDRA ALLEN | VP-COMPLIANCE Officer | 36 | $64,851 | $24,483 |
| AMBER BEARD | VP-HUMAN RESOURCES Officer | 36 | $43,138 | $4,507 |
| CAROL J KUCERA | EXECUTIVE ADMIN ASST Officer | 36 | $44,705 | $2,288 |
| RODNEY PINKNEY | VP-RISK MANAGEMENT Officer | 36 | $29,557 | $2,359 |
| THOMAS J HICKEY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JEFFREY W GAMMELL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROSEMARY D DOMANSKY | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL P THONNERIEUX | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| NANCY J STAPP | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JASON A KERSHNER | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 RIVER PARK DR, DAYTON, OH 45409-2104
- In care of
- % KATHRYN LEWIS
- Mailing address (990-N for 2009)
- 3 edgewood court, chillicothe OH 45601
- Principal officer (990 for 2024)
- JESSICA O JONES, 1 RIVER PARK DR, DAYTON, OH 454092104
- Principal officer (990-N for 2009)
- theresa herrnstein, 3 edgewood court, chillicothe OH 45601
- Signed the 990
- KATHRYN M LEWIS TREASURERCFO, TREASURER/CFO
- Phone
- (937) 225-6800
- Website
- WWW.U1CU.ORG
- Return prepared by
- GBQ PARTNERS LLC
Mission
TO ADVANCE THE CREDIT UNION IDEAL OF A MEMBER OWNED, NOT-FOR-PROFIT FINANCIAL COOPERATIVE: TO PROVIDE AND PROMOTE THE USE OF NUMEROUS INNOVATIVE AND HIGH QUALITY FINANCIAL SERVICES FEATURING COMPETITIVE BENEFITS AND ADVANTAGES TO HELP MEMBERS GAIN PERSONAL FINANCIAL SUCCESS; AND TO EXTEND SERVICES EMPHASIZNG FINANCIAL EDUCATION THROUGHOUT THE MEMBERSHIP AND COMMUNITY.
Program accomplishments
- LENDING TO CREDIT UNION MEMBERS: WE PROVIDED 7,155 CREDIT CARD AND LINE OF CREDIT LOANS; 5,972 VEHICLE LOANS; 1,299 MORTGAGE LOANS; AND 434 OTHER LOANS TO MEMBERS IN 2024.
- PROVIDING FINANCIAL SERVICES TO CREDIT UNION MEMBERS: WE PROVIDED 31,386 CHECKING ACCOUNTS; 33,030 SAVINGS ACCOUNTS; 1,042 MONEY MARKET ACCOUNTS; 1,196 RETIREMENT ACCOUNTS; 2,805 CERTIFICATES OF DEPOSIT; AND 3,258 OTHER ACCOUNTS TO MEMBERS IN 2024.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-0387145
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1990: OHIO CHARTERED CREDIT UNIONS
- Assets (IRS master file)
- $417,734,447
- Income (IRS master file)
- $26,406,938
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $26,406,938 | $25,948,508 | $417,734,447 | XML |
| 990 | December 2023 | $26,354,343 | $23,575,926 | $417,035,587 | XML |
| 990 | December 2022 | $20,536,966 | $18,365,211 | $453,082,352 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: theresa herrnstein | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0387145).
Questions about 0197 UNIVERSAL 1 CREDIT UNION INC
- What is the EIN of 0197 UNIVERSAL 1 CREDIT UNION INC?
- The employer identification number (EIN) of 0197 UNIVERSAL 1 CREDIT UNION INC is 31-0387145.
- Is 0197 UNIVERSAL 1 CREDIT UNION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
- Are donations to 0197 UNIVERSAL 1 CREDIT UNION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 0197 UNIVERSAL 1 CREDIT UNION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of 0197 UNIVERSAL 1 CREDIT UNION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 0197 UNIVERSAL 1 CREDIT UNION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of 0197 UNIVERSAL 1 CREDIT UNION INC?
- The 990 for the year ended December 31, 2024 names JESSICA O JONES.
- Who are the officers and directors of 0197 UNIVERSAL 1 CREDIT UNION INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 12 received compensation from the organization, the highest $421,597 (JESSICA O JONES, PRESIDENT/CEO).
- How much revenue does 0197 UNIVERSAL 1 CREDIT UNION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $26,406,938, expenses of $25,948,508 and total assets of $417,734,447 at year end.
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