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Nonprofit · EIN 34-0153020

30 OHIO EDUCATIONAL CREDIT UNION

Also known as 30

Tax-exempt · SEVEN HILLS, OH 44131

Financials

$8.3M$7.3M2023$8.7M$7.7M2024
Revenue Expenses · by fiscal year end
Financials of 30 OHIO EDUCATIONAL CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,736,250$7,700,507$1,035,743$145,966,644$136,097,981$9,868,663
December 31, 2023990$8,284,121$7,314,419$969,702$147,656,900$138,967,809$8,689,091
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,341,329
Investment income
$1,394,921
Net gain from sales of assets
$7,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$513,480
Other salaries and wages
$1,830,874
Salaries, compensation and benefits (total)
$3,018,405
Professional fundraising fees
$0
Legal fees
$6,667
Accounting fees
$74,424
Occupancy
$550,235
Travel
$15,097
Depreciation
$178,195

Balance sheet and other

Total assets, start of year
$147,656,900
Total assets, end of year
$145,966,644
Total liabilities, end of year
$136,097,981
Net assets, end of year
$9,868,663
Land, buildings and equipment
$674,485
Publicly traded securities
$26,636,902
Gross unrelated business income
$20,516
Gross receipts
$8,736,250
Employees
53
Volunteers
8
Year formed
1933
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.

NameTitleHours / weekCompensationOther / benefits
JEROME R VALCOCEO
Officer
40$190,899$36,897
SARAH L JANKOVICCFO
Officer
40$116,166$29,970
ANTHONY TOYCHIEF RETAIL SERVICES OFFI
Officer
40$131,036$7,762
MYCHAEL HENDERSONBOARD SECRETARY
Trustee or director
5$750$0
TONY H SMITH SRBOARD PRESIDENT
Trustee or director
10$0$0
JACKSON M BOYDBOARD VICE PRESIDENT
Trustee or director
5$0$0
MARIO DANESEBOARD TREASURER
Trustee or director
5$0$0
MARK BATESDIRECTOR
Trustee or director
3$0$0
ROBERT W DOLANDIRECTOR
Trustee or director
3$0$0
MELODY PATTERSONDIRECTOR
Trustee or director
3$0$0
PATRICK J POLENDIRECTOR
Trustee or director
3$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
JEROME R VALCOCEO
Officer
40$170,313$36,200
ANTHONY TOYCHIEF RETAIL SERVICES OFFI
Officer
40$128,694$4,975
SARAH L JANKOVICCFO
Officer
40$106,931$25,466
TONY H SMITH SRBOARD PRESIDENT
Trustee or director
10$1,000$0
MARIO DANESEBOARD TREASURER
Trustee or director
5$750$0
JACKSON M BOYDBOARD VICE PRESIDENT
Trustee or director
5$0$0
MYCHAEL HENDERSONBOARD SECRETARY
Trustee or director
5$0$0
MARK BATESDIRECTOR
Trustee or director
3$0$0
ROBERT W DOLANDIRECTOR
Trustee or director
3$0$0
MELODY PATTERSONDIRECTOR
Trustee or director
3$0$0
PATRICK J POLENDIRECTOR
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
4141 ROCKSIDE RD STE 400, SEVEN HILLS, OH 44131-2537
Principal officer (990 for 2024)
JEROME VALCO, 4141 ROCKSIDE ROAD SUITE 400, SEVEN HILLS, OH 44131
Signed the 990
SARAH JANKOVIC, CFO
Phone
(216) 621-6296
Return prepared by
DOEREN MAYHEW

Mission

BUILDING OUR MEMBER'S FINANCIAL FUTURE THROUGH A FULL RANGE OF SUPERIOR FINANCIAL SERVICES, EDUCATION, AND EXCEPTIONAL VALUE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CREDIT UNION PROVIDES ITS MEMBERS WITH CONSUMER LOAN PRODUCTS WHICH INCLUDE VEHICLE, SIGNATURE, CREDIT CARD, AND PRIVATE STUDENT LOANS, IN ADDITION TO INDIRECT VEHICLE LEASES. THE CREDIT UNION ALSO OFFERS REAL ESTATE LOANS TO ITS MEMBERS, INCLUDING FIRST MORTGAGE AND HOME EQUITY LINES OF CREDIT.
  • THE CREDIT UNION PROVIDES MEMBERS WITH TRANSACTION SHARE ACCOUNT SERVICES, WHICH INCLUDES SHARE DRAFT CHECKING, SHARE SAVINGS AND MONEY MARKET SHARE ACCOUNTS. TRANSACTION SHARE ACCOUNT PRODUCTS ENABLE MEMBERS TO CONDUCT THEIR DAY TO DAY FINANCIAL NEEDS WITH CONVENIENT SERVICES OF CASH, DIRECT DEPOSIT, CHECKS, ATMS, DEBIT CARDS, ACH, AUDIO RESPONSE, MOBILE AND ONLINE BANKING WITH BILL PAYMENT.
  • THE CREDIT UNION PROVIDES TERM SAVINGS PRODUCTS TO ITS MEMBERS, WHICH INCLUDES IRA AND SHARE CERTIFICATES. CERTIFICATE TERMS RANGE FROM THREE MONTHS TO FIVE YEARS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-0153020
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
Assets (IRS master file)
$145,966,644
Income (IRS master file)
$8,736,250

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,736,250$7,700,507$145,966,644IRS
990December 2023$8,284,121$7,314,419$147,656,900XML
990December 2022$7,227,495$6,642,384$155,162,928IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 34-0153020).

Questions about 30 OHIO EDUCATIONAL CREDIT UNION

What is the EIN of 30 OHIO EDUCATIONAL CREDIT UNION?
The employer identification number (EIN) of 30 OHIO EDUCATIONAL CREDIT UNION is 34-0153020.
Is 30 OHIO EDUCATIONAL CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
Are donations to 30 OHIO EDUCATIONAL CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does 30 OHIO EDUCATIONAL CREDIT UNION 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 30 OHIO EDUCATIONAL CREDIT UNION 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 30 OHIO EDUCATIONAL CREDIT UNION 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 30 OHIO EDUCATIONAL CREDIT UNION?
The 990 for the year ended December 31, 2024 names JEROME VALCO.
Who are the officers and directors of 30 OHIO EDUCATIONAL CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 11 people; 4 received compensation from the organization, the highest $190,899 (JEROME R VALCO, CEO).
How much revenue does 30 OHIO EDUCATIONAL CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,736,250, expenses of $7,700,507 and total assets of $145,966,644 at year end.

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