Oucu Financial Credit Union Fka Ohio University Credit Union

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 316040060 ✦ Athens, OH ✦ Designated as a 501(c)(14)

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Overview

What is Oucu Financial Credit Union Fka Ohio University Credit Union?

Oucu Financial Credit Union Fka Ohio University Credit Union, formerly known as Ohio University Credit Union, is a credit union based, according to the provided information. While no specific location or number of employees is mentioned, the organization appears to function as a financial institution. The description indicates that there is a limit of 100 profile views monthly for unregistered users, suggesting that the credit union may have an online presence where potential members can learn more about its offerings. To access additional information, creating a free account is recommended. Despite the limited data, Oucu Financial Credit Union Fka Ohio University Credit Union can be summarized as a financial institution that offers services to its members.


Official website here: www.oucu.org

What are the reviews and ratings of this charity?

The Oucu Financial Credit Union, formerly known as Ohio University Credit Union, is not currently rated by Charity Navigator. This is primarily due to its status as an organization that does not classify under 501(c)(3), which limits Charity Navigator's ability to apply their traditional evaluation methodologies. As with many organizations of this type, lack of a rating should not inherently be interpreted positively or negatively.

Historically, Charity Navigator's assessments for similar organizations focused primarily on Accountability and Finance. However, for Oucu Financial, data such as total revenue, expenses, and salaries for key persons are unavailable, further constraining any comprehensive evaluation. This means that traditional financial performance metrics typically used in assessing nonprofits cannot be applied here.

No user reviews for Oucu Financial Credit Union are available on GreatNonprofits, so community feedback and sentiment for this organization cannot be assessed at this time. Without these insights, potential stakeholders are encouraged to seek other data points to gain a more rounded understanding of the organization's performance and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Oucu Financial Credit Union Fka Ohio University Credit Union legitimate?

Oucu Financial Credit Union Fka Ohio University Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Oucu Financial Credit Union Fka Ohio University Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,726,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,143,923

For more financial information, click here


Official website here: www.oucu.org

What is the mission statement of Oucu Financial Credit Union Fka Ohio University Credit Union?

Oucu Financial Credit Union, formerly known as Ohio University Credit Union, has a mission to expand access to their profile views for unregistered users. This mission is achieved by encouraging individuals to create a free account to unlock additional views. By doing so, Oucu Financial Credit Union aims to provide more opportunities for exploration and discovery, enhancing the user experience for potential members. While specific details about the credit union's goals or services are limited, their focus on fostering engagement and access for users underscores their commitment to connecting and serving their community.


Official website here: www.oucu.org

Who is the CEO of Oucu Financial Credit Union Fka Ohio University Credit Union?

Cory A Corrigan is the Ceo of Oucu Financial Credit Union Fka Ohio University Credit Union. The CEO's salary of Oucu Financial Credit Union Fka Ohio University Credit Union is $138,604 and their total compensation is $207,642.


Official website here: www.oucu.org

What is the revenue of Oucu Financial Credit Union Fka Ohio University Credit Union?

Oucu Financial Credit Union Fka Ohio University Credit Union's revenue in 2022 was $22,921,961.


Official website here: www.oucu.org

Who are the executives of Oucu Financial Credit Union Fka Ohio University Credit Union and what are their salaries?

The average compensation at Oucu Financial Credit Union Fka Ohio University Credit Union during 2022 was $55,822. There are 141 employees at Oucu Financial Credit Union Fka Ohio University Credit Union.


Here are 22 key members and their salaries (Oucu Financial Credit Union Fka Ohio University Credit Union's CEO's salary is $138,604 and their total compensation is $207,642):


Jennifer L'Heureux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Reeves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Jeffers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William T Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Dicken (Vp Of Member Services)
  • Compensation: $185,681
  • Related: $0
  • Other: $15,430
Brian Smith-Vandergriff (Cfo)
  • Compensation: $297,754
  • Related: $0
  • Other: $25,792
Chuck Culp (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory A Corrigan (Ceo)
  • Compensation: $391,033
  • Related: $0
  • Other: $34,469
Danita Sharp (Vp Of Loan Services)
  • Compensation: $213,745
  • Related: $0
  • Other: $20,500
Debbie Wayland (Vp Of Organizational Devel)
  • Compensation: $168,033
  • Related: $0
  • Other: $10,806
Jean Blair (Vp Of Technology)
  • Compensation: $220,805
  • Related: $0
  • Other: $25,241
Karen Deardorff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Courtney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Luce (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Russell (Business Services Manager)
  • Compensation: $113,946
  • Related: $0
  • Other: $21,163
Laura Humphreys (Morgage & Loan Servicing M)
  • Compensation: $116,737
  • Related: $0
  • Other: $7,941
Laura Pratt (Marketing Manager)
  • Compensation: $127,508
  • Related: $0
  • Other: $21,186
Romney Garner (Wealth Advisor-Program Man)
  • Compensation: $450,595
  • Related: $0
  • Other: $22,642
Tracey James (Vp Of Operations)
  • Compensation: $158,217
  • Related: $0
  • Other: $21,095
Michele Marra (Manager Business Accounting & Tax Services)
  • Compensation: $144,287
  • Related: $0
  • Other: $3,402
Phil Meyer (Former Ceo)
  • Compensation: $138,604
  • Related: $0
  • Other: $69,038


Official website here: www.oucu.org

Where can I find the form 990 for Oucu Financial Credit Union Fka Ohio University Credit Union?

Oucu Financial Credit Union Fka Ohio University Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oucu.org

Learn more at the official website: www.oucu.org

Mission Statement of Oucu Financial Credit Union Fka Ohio University Credit Union

Oucu Financial Credit Union Fka Ohio University Credit Union is a mission-driven financial institution. In their own words, they aim to provide access to financial services for a select group of individuals. Specifically, they target those who are part of the Ohio University community.

The heart of Oucu Financial Credit Union Fka Ohio University Credit Union's mission lies in its commitment to serving its members. By offering financial services, they empower their members to manage their money and improve their financial well-being. The credit union provides various services, including savings accounts, loans, and credit cards, to help members meet their financial goals.

Moreover, Oucu Financial Credit Union Fka Ohio University Credit Union fosters a sense of community among its members. The institution's origins as Ohio University Credit Union reflect its strong connection to the university. This connection continues to be a source of pride and unity for the credit union and its members.

In summary, Oucu Financial Credit Union Fka Ohio University Credit Union is a financial cooperative that focuses on providing financial services to members of the Ohio University community. With a strong commitment to its mission and a dedication to fostering a sense of community, the credit union empowers its members to reach their financial goals.

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Impact




October, 2024

Oucu Financial Credit Union, formerly known as Ohio University Credit Union, plays a significant role in the Athens, Ohio community by providing accessible financial services and resources. Its impact is primarily seen through its commitment to serving the public benefit, which includes promoting financial literacy, supporting local economic growth, and fostering a sense of community among its members.

By offering a range of financial products, such as savings accounts, loans, and credit options, Oucu Financial Credit Union enables individuals and families to achieve their financial goals. This access to financial resources can enhance community stability and help residents navigate economic challenges.

Moreover, the credit union’s focus on financial education equips members with the knowledge necessary to make informed financial decisions, ultimately contributing to better financial well-being for individuals and the community as a whole. By nurturing strong relationships within the Athens area, the credit union reinforces the importance of community support and collaboration.




This information is meant to be a general summary of Oucu Financial Credit Union Fka Ohio University Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$22,921,961 (2022)
Expenses
$20,793,549 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,711,905
  • Program Service Revenue: $21,210,056
  • Gross Receipts: $22,921,961

Assets and Liabilities:

  • Total Assets: $467,392,583
  • Total Liabilities: $424,908,149
  • Net Assets: $42,484,434

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$15,137,925

FEES & COMMISSIONS

Revenue

$4,831,921

OTHER INCOME

Revenue

$1,240,210

Organization Details

Founding Year

1955

Principal Officer

Cory A Corrigan

Main Address

944 E STATE STREET, ATHENS, OH, 45701

NTEE Category

Code: W60 - Public benefit

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