Overview
What is Ohio's First Class Credit Union?
Ohio's First Class Credit Union is a nonprofit organization situated in Cleveland, Ohio, specifically at 1800 Carnegie Avenue, with a total of 16 employees. Their mission is to surpass member expectations by providing top-notch service and financial products, thereby contributing to their financial well-being. They manage approximately 9,540 member accounts, offering dividends and interest on 17,655 deposit accounts. The organization operates in an ethical and financially sound manner, demonstrating a commitment to its members' financial success.
Official website here: www.ofccu.com
Is Ohio's First Class Credit Union legitimate?
Ohio's First Class Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ohio's First Class 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,807
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Official website here: www.ofccu.com
What is the mission statement of Ohio's First Class Credit Union?
Ohio's First Class Credit Union is committed to surpassing members' expectations through exceptional service and financial products, aiming to foster their financial prosperity. The credit union operates in a financially stable and ethical manner, ensuring its operations are transparent and trustworthy. The institution pays dividends and interest to its members, with over 17,655 deposit accounts held by approximately 9,540 members.
Official website here: www.ofccu.com
Who is the CEO of Ohio's First Class Credit Union?
Jeffrey Spada is the Treasurer of Ohio's First Class Credit Union.
Official website here: www.ofccu.com
What is the revenue of Ohio's First Class Credit Union?
Ohio's First Class Credit Union's revenue in 2023 was $567,620.
Official website here: www.ofccu.com
Who are the executives of Ohio's First Class Credit Union and what are their salaries?
The average compensation at Ohio's First Class Credit Union during 2023 was $9,238. There are 16 employees at Ohio's First Class Credit Union.
Here are 7 key members and their salaries:
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Official website here: www.ofccu.com
Where can I find the form 990 for Ohio's First Class Credit Union?
Ohio's First Class Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ofccu.com
Learn more at the official website: www.ofccu.com
Mission Statement of Ohio's First Class Credit Union
Ohio's First Class Credit Union is committed to surpassing member expectations with top-notch services and products designed to foster financial prosperity. Operating with financial stability and ethical integrity as its guiding principles, the credit union aims to promote the financial success of its members. This mission is demonstrated through the payment of dividends and interest on approximately 17,655 deposit accounts held by approximately 9,540 members.
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Impact
October, 2024
Ohio's First Class Credit Union significantly impacts its community by prioritizing the financial success of its members. Through superior service and a range of financial products, the credit union not only aims to meet but exceed the expectations of its approximately 9,540 members. With 17,655 deposit accounts, it fosters a sense of financial empowerment among its clientele.
The credit union operates in a financially sound and ethical manner, ensuring that dividends and interest are paid to its members. This approach not only enhances individual savings but also strengthens the overall economic well-being of Cleveland’s community. By providing access to affordable financial services, Ohio's First Class Credit Union plays a vital role in promoting public benefit and contributing to the financial stability of its members and the broader community.
This information is meant to be a general summary of Ohio's First Class 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $70,563
- Program Service Revenue: $497,057
- Gross Receipts: $567,620
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$304,957
FEE INCOME
Revenue
$107,239
INTERCHANGE INCOME
Revenue
$70,219
OTHER OPERATING INCOME
Revenue
$13,396
ATM FOREIGN TRANSACTION FEES
Revenue
$1,246
Organization Details
Founding Year
1932
Phone
(216) 241-1088Principal Officer
Jeffrey Spada
Main Address
1800 CARNEGIE AVENUE, CLEVELAND, OH, 44115
Website
www.ofccu.comNTEE Category
Code: W60 - Public benefit
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