Form 990 for tax year 2022
Filed by GREATER CLEVELAND COMMUNITY CREDIT UNION INC.
Totals
- Total revenue
- $1,607,906
- Total expenses
- $1,227,026
- Contributions and grants received
- $769,457
- Grants paid
- $0
- Program service revenue
- $771,767
- Investment income
- $66,682
- Other revenue
- $0
- Total assets, end of year
- $9,546,630
- Total liabilities, end of year
- $7,264,798
- Net assets or fund balances, end of year
- $2,281,832
- Program services expenses (Part IX)
- $1,227,026
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,227,026
Program services were 100.0% 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.
-
1e · Government grants (contributions)
$769,457
-
2a · Program service revenue: Loan Interest Income
total $477,415 · related or exempt $477,415 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Loan Fee Income
total $140,342 · related or exempt $140,342 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Service Fee Income
total $154,010 · related or exempt $154,010 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $66,682 · related or exempt $66,682
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $5,107 · program services $5,107
-
5 · Compensation of officers, directors and key employees
total $160,375 · program services $160,375
-
7 · Other salaries and wages
total $150,443 · program services $150,443
-
9 · Other employee benefits
total $15,475 · program services $15,475
-
10 · Payroll taxes
total $30,554 · program services $30,554
-
11b · Fees: legal
total $4,168 · program services $4,168
-
11c · Fees: accounting
total $73,340 · program services $73,340
-
11g · Fees: other
total $15,204 · program services $15,204
-
12 · Advertising and promotion
total $19,446 · program services $19,446
-
13 · Office expenses
total $115,126 · program services $115,126
-
14 · Information technology
total $19,029 · program services $19,029
-
16 · Occupancy
total $39,798 · program services $39,798
-
17 · Travel
total $22,791 · program services $22,791
-
19 · Conferences, conventions and meetings
total $23,404 · program services $23,404
-
20 · Interest
total $108 · program services $108
-
21 · Payments to affiliates
total $14,589 · program services $14,589
-
22 · Depreciation, depletion and amortization
total $43,804 · program services $43,804
-
24a · Other expenses: Program Expenses
total $158,946 · program services $158,946 · management and general $0 · fundraising $0
-
24b · Other expenses: Lending Expenses
total $70,526 · program services $70,526 · management and general $0 · fundraising $0
-
24c · Other expenses: Provision for Loans Loss
total $215,041 · program services $215,041 · management and general $0 · fundraising $0
-
24d · Other expenses: Ohio Supervisory Fee
total $5,000 · program services $5,000 · management and general $0 · fundraising $0
-
24e · All other expenses
total $24,752 · program services $24,752
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $330,122 · end of year $189,070
-
2 · Savings and temporary cash investments
beginning of year $3,877,701 · end of year $2,824,148
-
3 · Pledges and grants receivable
beginning of year $0
-
4 · Accounts receivable
beginning of year $21,954 · end of year $12,846
-
5 · Loans and receivables from officers and key people
beginning of year $100,880 · end of year $99,219
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $4,027,285 · end of year $4,437,052
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $86,682 · end of year $94,764
-
10a · Land, buildings and equipment: cost or other basis
$137,175
-
10b · Land, buildings and equipment: accumulated depreciation
$107,358
-
10c · Land, buildings and equipment, net
beginning of year $62,157 · end of year $29,817
-
11 · Investments: publicly traded securities
beginning of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $1,461,965 · end of year $1,859,714
-
14 · Intangible assets
beginning of year $0
-
15 · Other assets
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,008,706 · end of year $279,845
-
18 · Grants payable
beginning of year $0
-
19 · Deferred revenue
beginning of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0
-
21 · Escrow or custodial account liability
beginning of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0
-
25 · Other liabilities
beginning of year $7,059,088 · end of year $6,984,953
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $339,549 · end of year $339,549
-
31 · Retained earnings, endowment or other funds
beginning of year $1,561,403 · end of year $1,942,283
Mission and programs · 2022
Mission
GCCCU is a credit union that provides financial services to its owner/members.
-
GCCCU makes loans to owner/members.
Expenses $1,227,026 · Revenue $1,607,906
As filed on the 2022 return.
Listed in Part VII
-
Darren Wilson
CFO
- Total calculated
- $91,293
- From this org
- $91,293
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gloria McClendon
CEO
- Total calculated
- $69,082
- From this org
- $69,082
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gregory Perryman
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Robin Brown
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Neida Miller
Board Secretary
- Total calculated
- $0
- Hours/week
- 1
-
James McManamon
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Antonello
Director
- Total calculated
- $0
- Hours/week
- 1
-
Russell Brown III
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ozell Dobbins III
Director
- Total calculated
- $0
- Hours/week
- 1
-
Simon Mastroianni
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lonya Moss-Walker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Venita Sanders
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kim Roy
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 2022
- Filed
- 7 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202310979349301326
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.