Nonprofit · EIN 34-0800260
715 PSE CREDIT UNION INC
Tax-exempt · CLEVELAND, OH 44129
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $19,534,332 | $17,231,781 | $2,302,551 | $320,712,477 | $290,892,868 | $29,819,609 |
| December 31, 2023 | 990 | $16,506,657 | $13,252,535 | $3,254,122 | $301,964,607 | $275,171,065 | $26,793,542 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $15,969,410
- Investment income
- $3,564,922
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $660,621
- Other salaries and wages
- $2,597,274
- Salaries, compensation and benefits (total)
- $4,080,319
- Professional fundraising fees
- $0
- Legal fees
- $42,554
- Accounting fees
- $54,616
- Occupancy
- $677,355
- Travel
- $18,671
- Depreciation
- $283,164
Balance sheet and other
- Total assets, start of year
- $301,964,607
- Total assets, end of year
- $320,712,477
- Total liabilities, end of year
- $290,892,868
- Net assets, end of year
- $29,819,609
- Land, buildings and equipment
- $4,895,012
- Publicly traded securities
- $50,150,329
- Gross unrelated business income
- $73,409
- Gross receipts
- $19,534,332
- Employees
- 101
- Volunteers
- 10
- Year formed
- 1955
- 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 |
|---|---|---|---|---|
| JOSEPH C ANDERSON | PRESIDENT/CEO Officer | 37.5 | $351,880 | $30,837 |
| ANDREW PACE | VP OF FINANCE Officer | 37.5 | $154,996 | $7,494 |
| SABREENA DIGIOVANNI | VP OF BRANCH SERVICES Officer | 37.5 | $104,923 | $10,492 |
| DR KAREN NEUMAN | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| STEELE NOWLIN | VICE CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| DARLENE DEMARCO | SECRETARY Trustee or director | 1 | $0 | $0 |
| KENNETH NOETZEL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT VASIL | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| FELISA WASHINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT MOULTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID TOETZ | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSEPH C ANDERSON | PRESIDENT/CEO Officer | 37.5 | $656,157 | $33,389 |
| ANDREW PACE | VP OF FINANCE Officer | 37.5 | $130,954 | $3,494 |
| CHERYL SCHILL | VP OF LENDING Officer | 37.5 | $104,654 | $11,208 |
| DAVID LEUENBERGER | VP OF OPERATIONS Officer | 37.5 | $103,361 | $10,918 |
| STEEL NOWLIN | SECRETARY Trustee or director | 1 | $0 | $0 |
| KENNETH NOETZEL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT VASIL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DARLENE DEMARCO | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT MOULTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN NEWMAN | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| DAVID TOETZ | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| FELISA WASHINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5255 REGENCY DR, CLEVELAND, OH 44129-5453
- Principal officer (990 for 2024)
- JOSEPH C ANDERSON, 5255 REGENCY DRIVE, PARMA, OH 44129
- Signed the 990
- ANDREW R PACE, VP FINANCE
- Phone
- (440) 545-5105
- Website
- WWW.PSECREDITUNION.ORG
- Return prepared by
- GBQ PARTNERS LLC
Mission
THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS.
Program accomplishments
- PROVIDE FINANCIAL SERVICES TO MEMBERS.
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
- 34-0800260
- 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)
- $320,712,477
- Income (IRS master file)
- $19,534,332
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $19,534,332 | $17,231,781 | $320,712,477 | XML |
| 990 | December 2023 | $16,506,657 | $13,252,535 | $301,964,607 | XML |
| 990 | December 2022 | $9,020,403 | $6,377,437 | $221,132,886 | 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 34-0800260).
Questions about 715 PSE CREDIT UNION INC
- What is the EIN of 715 PSE CREDIT UNION INC?
- The employer identification number (EIN) of 715 PSE CREDIT UNION INC is 34-0800260.
- Is 715 PSE CREDIT UNION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
- Are donations to 715 PSE CREDIT UNION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 715 PSE 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 715 PSE 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 715 PSE 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 715 PSE CREDIT UNION INC?
- The 990 for the year ended December 31, 2024 names JOSEPH C ANDERSON.
- Who are the officers and directors of 715 PSE CREDIT UNION INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $351,880 (JOSEPH C ANDERSON, PRESIDENT/CEO).
- How much revenue does 715 PSE CREDIT UNION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $19,534,332, expenses of $17,231,781 and total assets of $320,712,477 at year end.
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