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Nonprofit · EIN 34-0893994

983 ADVANTAGE CREDIT UNION INC

Tax-exempt · ONTARIO, OH 44906

Financials

$2.3M$2.2M2023$2.3M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of 983 ADVANTAGE CREDIT UNION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,333,664$2,286,085$47,579$41,325,120$38,869,248$2,455,872
December 31, 2023990$2,309,967$2,169,916$140,051$43,780,230$41,602,391$2,177,839
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,920,355
Investment income
$413,309
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$230,928
Compensation of officers, directors and key employees
$178,873
Other salaries and wages
$489,014
Salaries, compensation and benefits (total)
$818,837
Professional fundraising fees
$0
Legal fees
$1,933
Accounting fees
$20,000
Occupancy
$79,674
Depreciation
$57,425
Program services (functional)
$2,286,085

Balance sheet and other

Total assets, start of year
$43,780,230
Total assets, end of year
$41,325,120
Total liabilities, end of year
$38,869,248
Net assets, end of year
$2,455,872
Land, buildings and equipment
$818,835
Publicly traded securities
$11,671,139
Gross unrelated business income
$40,556
Gross receipts
$2,333,664
Employees
14
Year formed
1961
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
CAMILLE GRAYSONCEO
Officer
40$84,847$6,725
AMY LEINARDCOO
Officer
40$73,177$5,124
ROBERT GROVEDIRECTOR
Trustee or director, Officer
1$1,400$0
CARL MOUNTSDIRECTOR
Trustee or director
1$1,400$0
GARY UTTCHAIRMAN
Trustee or director, Officer
1$1,400$0
GAYLEE WETZELLSECRETARY
Trustee or director, Officer
1$1,400$0
GINGER ANTRICANDIRECTOR
Trustee or director
1$1,250$0
STEVEN ACKERMANDIRECTOR
Trustee or director
1$1,200$0
RUSH STUMBOVICE CHAIRMA
Trustee or director, Officer
1$950$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
CAMILLE GRAYSONCEO
Officer
40$91,502
AMY LEINARDCOO
Officer
40$79,304
RUSH STUMBOVICE CHAIRMA
Trustee or director, Officer
1$1,400
GAYLEE WETZELLSECRETARY
Trustee or director, Officer
1$1,400
GINGER ANTRICANDIRECTOR
Trustee or director
1$1,350
CARL MOUNTSDIRECTOR
Trustee or director
1$1,350
GARY UTTCHAIRMAN
Trustee or director, Officer
1$1,350
ROBERT GROVEDIRECTOR
Trustee or director, Officer
1$1,300
STEVEN ACKERMANDIRECTOR
Trustee or director
1$300

Address and contacts

Address (IRS master file)
700 STUMBO RD, ONTARIO, OH 44906-1279
Principal officer (990 for 2024)
CAMILLE GRAYSON, 700 STUMBO ROAD, MANSFIELD, OH 44906
Signed the 990
CAMILLE GRAYSON, CEO
Phone
(419) 529-5603
Return prepared by
WILGING ROUSH & PARSONS CPAS

Mission

THE MISSION OF ADVANTAGE CREDIT UNION IS TO PROVIDE A FULL RANGE OF QUALITY FINANCIAL SERVICES IN A COST EFFICIENT, COURTEOUS, AND PROFESSIONAL MANNER THAT RECOGNIZES THE MEMBERS STATUS AS "OWNERS".

990 for the year ended December 31, 2024

Program accomplishments

  • DATA PROCESSING COSTS INCURRED RECORDING MEMBER ACTIVITY AND PROVIDING MEMBERS ACCESS TO THEIR ACCOUNTS VIA HOME BANKING, ATM NETWORKS, AND IN PERSON AT THE CREDIT UNION OFFICE. DIRECT LABOR AND EMPLOYE EBENEFIT COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS, AND SERVICING THE LOAN PORTFOLIO FOR MEMBERS. DIVIDENDS AND INTEREST PAID TO APPROXIMATELY 6,900 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 5,300 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 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
34-0893994
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)
$41,325,120
Income (IRS master file)
$2,333,664

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,333,664$2,286,085$41,325,120XML
990December 2023$2,309,967$2,169,916$43,780,230XML
990December 2022$1,962,272$1,871,412$44,334,911IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 34-0893994).

Questions about 983 ADVANTAGE CREDIT UNION INC

What is the EIN of 983 ADVANTAGE CREDIT UNION INC?
The employer identification number (EIN) of 983 ADVANTAGE CREDIT UNION INC is 34-0893994.
Is 983 ADVANTAGE CREDIT UNION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
Are donations to 983 ADVANTAGE CREDIT UNION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does 983 ADVANTAGE 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 983 ADVANTAGE 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 983 ADVANTAGE 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 983 ADVANTAGE CREDIT UNION INC?
The 990 for the year ended December 31, 2024 names CAMILLE GRAYSON.
Who are the officers and directors of 983 ADVANTAGE CREDIT UNION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 9 received compensation from the organization, the highest $84,847 (CAMILLE GRAYSON, CEO).
How much revenue does 983 ADVANTAGE CREDIT UNION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,333,664, expenses of $2,286,085 and total assets of $41,325,120 at year end.

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