Skip to content
Nonprofiteer
← 745 GEAUGA CREDIT UNION INC

Form 990 for tax year 2025

Filed by 745 GEAUGA CREDIT UNION INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2025 , filed 24 August 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$6,585,751 changed to $1,479,597
Total expenses
$5,697,976 changed to $937,746
Program service revenue
$5,069,615 changed to $1,249,766
Investment income
$1,476,910 changed to $222,923
Other revenue
$39,226 changed to $6,908
Total assets, end of year
$107,896,890 changed to $0
Total liabilities, end of year
$97,682,895 changed to $0
Net assets or fund balances, end of year
$10,213,995 changed to $0
Program services expenses
$5,355,562 changed to $860,017
Management and general expenses
$342,414 changed to $77,729
Program service expenses (Part III)
$5,355,562 changed to $860,017

Totals

Total revenue
$6,585,751
Total expenses
$5,697,976
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,069,615
Investment income
$1,476,910
Other revenue
$39,226
Total assets, end of year
$107,896,890
Total liabilities, end of year
$97,682,895
Net assets or fund balances, end of year
$10,213,995
Program services expenses (Part IX)
$5,355,562
Management and general expenses
$342,414
Fundraising expenses
$0
Program service expenses (Part III)
$5,355,562

Program services were 94.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: INTEREST ON PERSONAL LOANS

    total $4,071,436 · related or exempt $4,071,436

  • 2b · Program service revenue: INTEREST ON BUSINESS LOANS

    total $567,329 · related or exempt $567,329

  • 2c · Program service revenue: ATM FEES

    total $144,885 · related or exempt $144,885

  • 2d · Program service revenue: INTERES INCOME VISA CARDS

    total $85,939 · related or exempt $85,939

  • 2e · Program service revenue: INTERCHANGE INCOME VISA

    total $69,241 · related or exempt $69,241

  • 2f · All other program service revenue

    total $130,785 · related or exempt $116,455 · unrelated business $14,330

  • 3 · Investment income

    total $1,476,910 · related or exempt $1,476,910

  • 5 · Royalties

    total $35,549 · related or exempt $35,549

  • 11a · Other revenue: MISCELLANEOUS OPERATING INCOM

    total $3,677 · related or exempt $3,677

  • 11e · Other revenue, total

    $3,677

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $2,683,285 · program services $2,683,285

  • 7 · Other salaries and wages

    total $619,132 · program services $619,132

  • 9 · Other employee benefits

    total $67,890 · program services $67,890

  • 10 · Payroll taxes

    total $49,601 · program services $49,601

  • 11b · Fees: legal

    total $50,259 · program services $50,259

  • 11c · Fees: accounting

    total $151,385 · program services $151,385

  • 12 · Advertising and promotion

    total $29,100 · program services $29,100

  • 13 · Office expenses

    total $220,066 · program services $220,066

  • 16 · Occupancy

    total $143,783 · management and general $143,783

  • 17 · Travel

    total $1,715 · management and general $1,715

  • 19 · Conferences, conventions and meetings

    total $4,162 · management and general $4,162

  • 20 · Interest

    total $53 · management and general $53

  • 21 · Payments to affiliates

    total $101,967 · management and general $101,967

  • 22 · Depreciation, depletion and amortization

    total $63,056 · management and general $63,056

  • 23 · Insurance

    total $27,678 · management and general $27,678

  • 24a · Other expenses: PROVISION FOR LOAN LOSSES

    total $986,855 · program services $986,855

  • 24b · Other expenses: ATM EXPENSES

    total $190,674 · program services $190,674

  • 24c · Other expenses: BANKCARD FEES (CC LP'S)

    total $92,559 · program services $92,559

  • 24d · Other expenses: DATA PROCESSING EXPENSE

    total $87,232 · program services $87,232

  • 24e · All other expenses

    total $127,524 · program services $127,524

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,107,098 · end of year $671,454

  • 2 · Savings and temporary cash investments

    beginning of year $20,809,126 · end of year $28,804,889

  • 4 · Accounts receivable

    beginning of year $6,940 · end of year $36,318

  • 7 · Other notes and loans receivable

    beginning of year $63,158,981 · end of year $70,232,658

  • 9 · Prepaid expenses and deferred charges

    beginning of year $121,091 · end of year $46,205

  • 10a · Land, buildings and equipment: cost or other basis

    $2,923,520

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,041,573

  • 10c · Land, buildings and equipment, net

    beginning of year $1,522,027 · end of year $1,881,947

  • 11 · Investments: publicly traded securities

    beginning of year $2,885,161 · end of year $4,643,756

  • 13 · Investments: program-related

    beginning of year $1,100,069 · end of year $1,325,501

  • 15 · Other assets

    beginning of year $241,872 · end of year $254,162

  • 17 · Accounts payable and accrued expenses

    beginning of year $211,127 · end of year $623,377

  • 25 · Other liabilities

    beginning of year $81,415,018 · end of year $97,059,518

  • 31 · Retained earnings, endowment or other funds

    beginning of year $9,326,220 · end of year $10,213,995

Mission and programs · 2025

Mission

THE CREDIT UNION PROVIDES FINANCIAL SERVICES FOR QUALIFIED MEMBERS.

  • PAID FOR COMPENSATION, EMPLOYEE BENEFITS AND RELATED PAYROLL TAXES. EMPLOYEES PROVIDE A WIDE RANGE OF SERVICES FOR OUR MEMBERS INCLUDING, BUT NOT LIMITED TO, EDUCATING MEMBERS ON AVAILABLE SERVICES/PRODUCTS, OPENING AND SERVICING DEPOSIT AND LOAN PRODUCTS, ASSIST MEMBERS WHEN ISSUES ARISE CONCERNINGTHEIR ACCOUNTS. GCU STRIVES TO PROVIDE PERSONAL MEMBER SERVICES.

    Expenses $736,623

  • COSTS ASSOCIATED WITH PROVIDING AN OFFICE FOR STAFF AND MEMBERS. INCLUDES EQUIPMENT, SERVICES AND SUPPLIES REQUIRED FOR EMPLOYEES TO PERFORM THEIR DUTIES. GCU PROVIDES MONTHLY AND SEMI-ANNUAL PAPER STATEMENTS TO OUR MEMBERS.THE COST OF SUCH CONTINUES TO BE A GROWING EXPENSE. WE DO NOT CHARGE OUR MEMBERSFOR PAPER STATEMENTS. ADDITIONAL COSTS INCURRED ARE TO MAINTAIN THE BUILDING ALONG WITH UTILITIES, REAL ESTATE TAXES AND BUILDING INSURANCE EXPENSE.

    Expenses $220,066

  • COSTS ASSOCIATED WITH PROVIDING FINANCIAL SERVICES/PRODUCTS TO OUR MEMBERS. INCLUDES HELOC COSTS; MEMBERS DO NOT PAY ANY CLOSING COSTS OR FEES; PROVIDING AN ATM, DEBIT AND VISA CARD PROGRAM, OFFERING BILL PAY VIA OUR NLINE BANKING SITE, IRA AND PROVIDING INDIRECT LENDING SERVICES AT SELECT DEALERSHIPS. INCLUDES COSTS ASSOCIATED WITH EVERYDAY BANKING TRANSACTIONS SUCH AS DEPOSITS, CLEARING DRAFTS, HAVING CASH AVAILABLE, ALSO FEES CHARGED TO US TO ACCEPT CREDIT/DEBIT CARD PAYMENTS ON LOANS.

    Expenses $4,398,873

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Barry Owen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Robert Yoder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Barbara Titus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Aggie Sojka

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    0.25

  • Linda Swaney

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

  • David Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Lisa K Briggs

    CEO

    Total calculated
    $102,165
    From this org
    $102,165
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Daniel Burkholder

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
1 June 2026
IRS schema version
2025v4.0
Source object
202621899349301502

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.