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Nonprofit · EIN 34-4407085

438 CHAMPION CREDIT UNION INC

Tax-exempt · TOLEDO, OH 43623

Financials

$2.9M$2.8M2023$3.4M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of 438 CHAMPION CREDIT UNION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$3,385,541$3,196,234$189,307$70,478,903$63,125,610$7,353,293
December 31, 2023990$2,944,818$2,810,767$134,051$70,800,395$63,888,032$6,912,363
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,600,636
Investment income
$703,372
Other revenue
$81,533

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$183,928
Other salaries and wages
$692,110
Salaries, compensation and benefits (total)
$1,103,048
Professional fundraising fees
$0
Legal fees
$18,054
Occupancy
$123,088
Travel
$4,149
Depreciation
$82,120

Balance sheet and other

Total assets, start of year
$70,800,395
Total assets, end of year
$70,478,903
Total liabilities, end of year
$63,125,610
Net assets, end of year
$7,353,293
Land, buildings and equipment
$1,407,327
Publicly traded securities
$6,974,037
Gross unrelated business income
$36,892
Gross receipts
$3,385,541
Employees
20
Volunteers
12
Year formed
1942
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
STEVEN GRINDLECEO
Officer
40$98,904$85,024
DAVID BOBAKDirector
Trustee or director
1$0$0
SHERYL BIRCHDirector
Trustee or director
1$0$0
JOHN EISENHAUERDirector
Trustee or director
1$0$0
JILL SIEBERTDirector
Trustee or director
1$0$0
TERRY BENTONChairman
Trustee or director
1$0$0
AKRUM YOUSSEFDirector
Trustee or director
1$0$0
JUDY BUCKSecretary
Trustee or director
1$0$0
DAVID SOWINSKIDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
STEVEN GRINDLECEO
Officer
40$94,231$109,417
DAVID BOBAKDirector
Trustee or director
1$0$0
SHERYL BIRCHDirector
Trustee or director
1$0$0
JOHN EISENHAUERDirector
Trustee or director
1$0$0
JILL SIEBERTDirector
Trustee or director
1$0$0
TERRY BENTONChairman
Trustee or director
1$0$0
AKRUM YOUSSEFDirector
Trustee or director
1$0$0
JUDY BUCKSecretary
Trustee or director
1$0$0
DAVID SOWINSKIDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4140 W LASKEY RD, TOLEDO, OH 43623-3758
Principal officer (990 for 2024)
STEVEN GRINDLE, 4140 WEST LASKEY ROAD, TOLEDO, OH 43623
Signed the 990
STEVEN GRINDLE, CEO
Phone
(419) 407-4140
Return prepared by
FINANCIAL STANDARDS GROUP INC

Mission

CHAMPION CREDIT UNION, INC. IS A MEMBER OWNED FINANCIAL COOPERATIVE WHOSE MISSION IS TO BE PROGRESSIVE IN PROVIDING THE BEST IN A FULL RANGE OF SERVICES TO OUR MEMBERS WHILE MAINTAINING FINANCIAL STABILITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2024 WAS 5,670.
  • THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2024 WAS 2,485.

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
34-4407085
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)
$70,478,903
Income (IRS master file)
$3,385,541

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,385,541$3,196,234$70,478,903IRS
990December 2023$2,944,818$2,810,767$70,800,395XML
990December 2022$2,929,670$2,589,650$73,629,668IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 34-4407085).

Questions about 438 CHAMPION CREDIT UNION INC

What is the EIN of 438 CHAMPION CREDIT UNION INC?
The employer identification number (EIN) of 438 CHAMPION CREDIT UNION INC is 34-4407085.
Is 438 CHAMPION CREDIT UNION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1969.
Are donations to 438 CHAMPION CREDIT UNION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does 438 CHAMPION 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 438 CHAMPION 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 438 CHAMPION 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 438 CHAMPION CREDIT UNION INC?
The 990 for the year ended December 31, 2024 names STEVEN GRINDLE.
Who are the officers and directors of 438 CHAMPION CREDIT UNION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $98,904 (STEVEN GRINDLE, CEO).
How much revenue does 438 CHAMPION CREDIT UNION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,385,541, expenses of $3,196,234 and total assets of $70,478,903 at year end.

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