Nonprofit · EIN 34-0153020
30 OHIO EDUCATIONAL CREDIT UNION
Also known as 30
Tax-exempt · SEVEN HILLS, OH 44131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,736,250 | $7,700,507 | $1,035,743 | $145,966,644 | $136,097,981 | $9,868,663 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEROME R VALCO | CEO Officer | 40 | $190,899 | $36,897 |
| SARAH L JANKOVIC | CFO Officer | 40 | $116,166 | $29,970 |
| ANTHONY TOY | CHIEF RETAIL SERVICES OFFI Officer | 40 | $131,036 | $7,762 |
| MYCHAEL HENDERSON | BOARD SECRETARY Trustee or director | 5 | $750 | $0 |
| TONY H SMITH SR | BOARD PRESIDENT Trustee or director | 10 | $0 | $0 |
| JACKSON M BOYD | BOARD VICE PRESIDENT Trustee or director | 5 | $0 | $0 |
| MARIO DANESE | BOARD TREASURER Trustee or director | 5 | $0 | $0 |
| MARK BATES | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ROBERT W DOLAN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MELODY PATTERSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| PATRICK J POLEN | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEROME R VALCO | CEO Officer | 40 | $170,313 | $36,200 |
| ANTHONY TOY | CHIEF RETAIL SERVICES OFFI Officer | 40 | $128,694 | $4,975 |
| SARAH L JANKOVIC | CFO Officer | 40 | $106,931 | $25,466 |
| TONY H SMITH SR | BOARD PRESIDENT Trustee or director | 10 | $1,000 | $0 |
| MARIO DANESE | BOARD TREASURER Trustee or director | 5 | $750 | $0 |
| JACKSON M BOYD | BOARD VICE PRESIDENT Trustee or director | 5 | $0 | $0 |
| MYCHAEL HENDERSON | BOARD SECRETARY Trustee or director | 5 | $0 | $0 |
| MARK BATES | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ROBERT W DOLAN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MELODY PATTERSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| PATRICK J POLEN | DIRECTOR 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
- Website
- WWW.OHECU.COM
- Return prepared by
- DOEREN MAYHEW
Mission
BUILDING OUR MEMBER'S FINANCIAL FUTURE THROUGH A FULL RANGE OF SUPERIOR FINANCIAL SERVICES, EDUCATION, AND EXCEPTIONAL VALUE.
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 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
- 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
- Group exemption
- 1990: OHIO CHARTERED CREDIT UNIONS
- Assets (IRS master file)
- $145,966,644
- Income (IRS master file)
- $8,736,250
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,736,250 | $7,700,507 | $145,966,644 | IRS |
| 990 | December 2023 | $8,284,121 | $7,314,419 | $147,656,900 | XML |
| 990 | December 2022 | $7,227,495 | $6,642,384 | $155,162,928 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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