Nonprofit · EIN 73-0731221
OKLAHOMA CENTRAL CREDIT UNION
Tax-exempt · TULSA, OK 74146
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $38,207,802 | $33,147,541 | $5,060,261 | $686,876,830 | $605,739,032 | $81,137,798 |
| December 31, 2023 | 990 | $34,863,456 | $28,010,061 | $6,853,395 | $672,849,029 | $598,404,663 | $74,444,366 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $25,030,484
- Investment income
- $12,532,355
- Net gain from sales of assets
- $3,175
- Other revenue
- $644,963
Expenses
- Grants and similar amounts paid
- $205,390
- Compensation of officers, directors and key employees
- $1,596,100
- Other salaries and wages
- $7,174,010
- Salaries, compensation and benefits (total)
- $11,121,156
- Professional fundraising fees
- $0
- Legal fees
- $51,338
- Accounting fees
- $150,926
- Occupancy
- $1,396,104
- Depreciation
- $1,748,633
Balance sheet and other
- Total assets, start of year
- $672,849,029
- Total assets, end of year
- $686,876,830
- Total liabilities, end of year
- $605,739,032
- Net assets, end of year
- $81,137,798
- Land, buildings and equipment
- $18,211,507
- Gross unrelated business income
- $136,616
- Gross receipts
- $38,207,802
- Employees
- 161
- Volunteers
- 7
- Year formed
- 1941
- State of legal domicile
- OK
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 |
|---|---|---|---|---|
| EUGENIA WILSON | PRESIDENT/CEO Officer | 40 | $476,445 | $129,981 |
| SHELLI SCHROEDER | EVP COO Officer | 40 | $239,041 | $29,345 |
| WILLIAM JOLIN | CFO Officer | 40 | $187,463 | $31,282 |
| KATRINA MORTON | VP OF LENDING Key employee | 40 | $160,217 | $21,251 |
| JOYCE WHITE | VP OF ACCOUNTING Key employee | 40 | $151,161 | $13,974 |
| JEREMY LIPPIATT | VP OF INTEGRATED TECHNOLOG Highest-paid employee | 40 | $145,415 | $13,082 |
| ALLEN COFFER | CHIEF STRATEGY OFFICER Officer | 40 | $142,860 | $13,080 |
| KATHLEEN MANNING | DIRECTOR MARKETING & COMMUNICATION Highest-paid employee | 40 | $124,455 | $28,774 |
| MARGUERITE VAVRICK | DIRECTOR OF HUMAN SERVICES Highest-paid employee | 40 | $123,683 | $20,165 |
| EMILY FAIRCHILD | VP FINANCE Highest-paid employee | 40 | $131,172 | $12,523 |
| JENNIFER MARTIN | VP RETAIL SALES AND SERVICES Highest-paid employee | 40 | $124,435 | $5,960 |
| JOEL DOLLAR | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| JOHN KUSHNERICK | VICE CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| ANNE DORMAN | SECRETARY/TREASURER Trustee or director | 1 | $0 | $0 |
| TIM HILLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PENNY CHEFFEY | DIRECTOR Trustee or director | 1 | $0 |
| ANDY MURPHREE | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN PHELPS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EUGENIA WILSON | PRESIDENT/CEO Officer | 40 | $447,789 | $167,371 |
| SHELLI SCHROEDER | EVP COO Officer | 40 | $217,654 | $24,243 |
| WILLIAM JOLIN | CFO Officer | 40 | $177,765 | $10,650 |
| KATRINA MORTON | VP OF LENDING Highest-paid employee | 40 | $151,838 | $18,521 |
| JOYCE WHITE | VP OF ACCOUNTING Highest-paid employee | 40 | $143,659 | $13,175 |
| JEREMY LIPPIATT | VP OF INTEGRATED TECHNOLOGY Highest-paid employee | 40 | $136,491 | $12,279 |
| ALLEN COFFER | VP OF STRATEGIC & INNOVATION Highest-paid employee | 40 | $120,653 | $11,867 |
| MARGUERITE VAVRICK | DIRECTOR OF HUMAN SERVICES Highest-paid employee | 40 | $114,671 | $16,712 |
| TIM HILLE | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| JOEL DOLLAR | VICE CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| PENNY CHEFFEY | SECRETARY/TREASURER Trustee or director | 1 | $0 | $0 |
| ANDY MURPHREE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE DORMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN PHELPS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN KUSHNERICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11335 E 41ST ST, TULSA, OK 74146-2920
- In care of
- % ACCOUNTS PAYABLE
- Principal officer (990 for 2024)
- EUGENIA WILSON, 4956 S PEORIA AVE, TULSA, OK 74105
- Signed the 990
- BILL JOLIN, CFO
- Phone
- (918) 664-6000
- Return prepared by
- DOEREN MAYHEW
Mission
OKLAHOMA CENTRAL CREDIT UNION (THE CREDIT UNION) IS A 501(C)(14), STATE-CHARTERED CREDIT UNION. THE CREDIT UNION PROVIDES CONSUMER AND BUSINESS FINANCIAL SERVICES TO INCLUDE DEPOSIT ACCOUNTS, INVESTMENTS, AND LOANS. OUR MISSION IS TO MAKE A DIFFERENCE IN THE LIVES OF OUR EMPLOYEES, MEMBERS, AND THE COMMUNITIES WE SERVE.
Program accomplishments
- PROMOTE SAVINGS AND PROVIDE FINANCIAL SERVICES TO MEMBER/OWNERS - OVERALL DEPOSIT BALANCES INCREASED IN 2024 BY $6.4M OR 1.08% OVER THE PREVIOUS YEAR. SOME OF THE SAVINGS CATEGORY CHANGES DURING THE YEAR WERE: SAVINGS DECREASED BY $5.8M (2.81%); REGULAR CERTIFICATES INCREASED BY $17M (19.34%); CHECKING INCREASED $6.6M (4.46%); IRAS DECREASED $584K (1.27%), AND MONEY MARKET DECREASED $10M (9.73%). IN TOTAL, THIS REPRESENTS 69,290 ACCOUNTS FROM A MEMBERSHIP TOTAL OF 42,897 WITH AN AVERAGE BALANCE OF $14,086 PER MEMBER. THE MOMENTUM CHECKING ACCOUNT CONTINUED TO BE POPULAR DURING 2024 AND GENERATED 2,056 NEW ACCOUNTS. OUR LOW-FEE COMMERCIAL CHECKING ACCOUNT CREATED 53 NEW ACCOUNTS. THE CREDIT UNION CONTINUED INVOLVEMENT IN THE SHARED BRANCHING NETWORK AND OFFERS 5 CONVENIENT LOCATIONS TO OUR MEMBERSHIP. OUR FINANCIAL WELLNESS PROGRAM PROVIDES EMPLOYEES OF OUR SEGS WITH VALUABLE INFORMATION DESIGNED TO INCREASE THEIR FINANCIAL KNOWLEDGE. THESE PROGRAMS ARE OFFERED TO SEVERAL OF OUR SEG GROUPS AND CONTINUE TO BE POPULAR. A FINANCIAL LITERACY PROGRAM OFFERED SEMINARS TO MEMBERS COVERING A WIDE ARRAY OF TOPICS DESIGNED TO HELP MEMBERS BETTER MANAGE THEIR PERSONAL FINANCES.
- PROVIDE ENHANCED ACCESS TO CREDIT AT REASONABLE RATES - THE CREDIT UNION USES A PRUDENT LENDING PHILOSOPHY TO OFFER VARIOUS LOAN PRODUCTS AT A LOW COST FOR MEMBERS TO FINANCE THEIR HOMES, AUTOMOBILES, BOATS, COLLEGE EXPENSES, ETC. DURING 2024, THE CREDIT UNION APPROVED 3,334 LOAN REQUESTS FOR OVER $79M. A TOTAL OF 293 REAL ESTATE LOANS WERE APPROVED WITH A DOLLAR AMOUNT OF $25M. THE CREDIT UNION IS IN ITS SEVENTEENTH YEAR OF COMMERCIAL LENDING AS A DIRECT RESPONSE TO OUR SMALL BUSINESS OWNERS' REQUESTS FOR FINANCIAL SERVICES. PRODUCT OFFERINGS ALSO INCLUDE SHORT TERM (7-YEAR) MORTGAGE LOANS. THE CREDIT UNION CONTINUES OFFERING HOME PROTECTION LOANS (STORM SHELTERS, GENERATORS, ETC.) AT A LOW INTEREST RATE TO HELP MEMBERS AFFORD THE COSTLY EXPENSE OF ADDING THESE ITEMS.
- COMMUNITY INVOLVEMENT - OKLAHOMA CENTRAL CREDIT UNION CONTINUES TO SUPPORT AND BE ACTIVE IN THE COMMUNITIES WE SERVE. IN 2024, OKLAHOMA CENTRAL SPONSORED OR WAS INVOLVED IN THE FOLLOWING: 1) CREDIT UNION YOUTH MONTH ENCOURAGING YOUTH TO SET GOALS AND PLAN FOR THEIR FINANCIAL FUTURES THROUGH YOUTH SAVINGS ACCOUNTS. 2) CONTRIBUTED OVER $40K TO THE OKLAHOMA CENTRAL FOUNDATION. THIS MONEY WAS USED TO FUND FINANCIAL LITERACY, SCHOLARSHIPS, LOCAL TEACHER SUPPORT AND SCHOOL TECHNOLOGY. 3) THE CREDIT UNION ONCE AGAIN ALLOWED 40 PAID HOURS OF COMMUNITY SERVICE TO GIVE BACK TO THE COMMUNITY. BY YEAR END 2024, EMPLOYEES CONTRIBUTED 2862 HOURS TO VARIOUS ORGANIZATIONS. 4) OKLAHOMA CENTRAL MADE FINANCIAL DONATIONS THROUGH A REFER-A-FRIEND PROGRAM TO ORGANIZATIONS SUCH AS DVIS, FAMILY & CHILDREN'S SERVICES, ST. FRANCIS CHILDREN'S HOSPITAL AND JOHN 3:16 MISSION.
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
- 73-0731221
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $686,876,830
- Income (IRS master file)
- $38,207,802
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $38,207,802 | $33,147,541 | $686,876,830 | XML |
| 990 | December 2023 | $34,863,456 | $28,010,061 | $672,849,029 | XML |
| 990 | December 2022 | $26,582,769 | $22,766,019 | $692,106,442 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 73-0731221).
Questions about OKLAHOMA CENTRAL CREDIT UNION
- What is the EIN of OKLAHOMA CENTRAL CREDIT UNION?
- The employer identification number (EIN) of OKLAHOMA CENTRAL CREDIT UNION is 73-0731221.
- Is OKLAHOMA CENTRAL CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1943.
- Are donations to OKLAHOMA CENTRAL CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OKLAHOMA CENTRAL 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 OKLAHOMA CENTRAL 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 OKLAHOMA CENTRAL 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 OKLAHOMA CENTRAL CREDIT UNION?
- The 990 for the year ended December 31, 2024 names EUGENIA WILSON.
- Who are the officers and directors of OKLAHOMA CENTRAL CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 18 people; 11 received compensation from the organization, the highest $476,445 (EUGENIA WILSON, PRESIDENT/CEO).
- How much revenue does OKLAHOMA CENTRAL CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $38,207,802, expenses of $33,147,541 and total assets of $686,876,830 at year end.
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- ST JOHN MEDICAL CENTER INC EIN 73-0579286 · last filed 990 for 2025
- GEORGE KAISER FAMILY FOUNDATION EIN 73-1574370 · last filed 990 for 2024
- UNIVERSITY OF TULSA EIN 73-0579298 · last filed 990 for 2025
- TULSA COMMUNITY FOUNDATION EIN 73-1554474 · last filed 990 for 2024
- CHARLES AND LYNN SCHUSTERMAN FAMILY FOUNDATION EIN 73-1312965 · last filed 990-PF for 2024
- WARREN CLINIC INC EIN 73-1310891 · last filed 990 for 2025
- SAINT FRANCIS HOSPITAL SOUTH LLC EIN 01-0603214 · last filed 990 for 2025