Totals
- Total revenue
- $378,113,861
- Total expenses
- $408,969,204
- Contributions and grants received
- $0
- Grants paid
- $102,750
- Program service revenue
- $273,832,899
- Investment income
- $104,131,158
- Other revenue
- $149,804
- Total assets, end of year
- $2,794,081,554
- Total liabilities, end of year
- $2,597,946,294
- Net assets or fund balances, end of year
- $196,135,260
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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: FRATERNAL INSURANCE PREMIUMS AND
total $272,449,683 · related or exempt $272,449,683
-
2b · Program service revenue: AMORTIZATION OF INTEREST MAINTENA
total $693,166 · related or exempt $693,166
-
2c · Program service revenue: PENSION PLAN INCOME
total $572,049 · related or exempt $572,049
-
2d · Program service revenue: COMMISSIONS ON REINSURANCE
total $118,001 · related or exempt $118,001
-
3 · Investment income
total $125,326,507 · related or exempt $125,326,507
-
6a · Gross rents
real property $1,353,565
-
6b · Less rental expenses
real property $1,207,749
-
6c · Rental income or loss
real property $145,816
-
6d · Net rental income or loss
total $145,816 · related or exempt $145,816
-
7a · Gross sales of assets other than inventory
securities $263,659,276
-
7b · Less cost or other basis and sales expenses
securities $284,854,625
-
7c · Gain or loss
securities -$21,195,349
-
7d · Net gain or loss
total -$21,195,349 · related or exempt -$21,195,349
-
11a · Other revenue: MISCELLANEOUS INCOME
total $3,988 · related or exempt $3,988
-
11e · Other revenue, total
$3,988
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $102,750
-
4 · Benefits paid to or for members
total $359,221,506
-
5 · Compensation of officers, directors and key employees
total $1,418,101
-
7 · Other salaries and wages
total $4,090,156
-
8 · Pension plan contributions
total $197,679
-
9 · Other employee benefits
total $862,924
-
10 · Payroll taxes
total $78,701
-
11b · Fees: legal
total $139,467
-
11c · Fees: accounting
total $372,481
-
11f · Fees: investment management
total $1,104,925
-
11g · Fees: other
total $996,954
-
12 · Advertising and promotion
total $103,706
-
13 · Office expenses
total $133,836
-
14 · Information technology
total $779,390
-
16 · Occupancy
total $352,986
-
17 · Travel
total $180,474
-
19 · Conferences, conventions and meetings
total $63,135
-
20 · Interest
total $996,344
-
22 · Depreciation, depletion and amortization
total $9,735
-
23 · Insurance
total $155,967
-
24a · Other expenses: INCREASE IN CERTIFICATE
total $20,183,655
-
24b · Other expenses: COMMISSIONS, NET OF REI
total $12,947,662
-
24c · Other expenses: PROJECT COSTS
total $1,880,236
-
24d · Other expenses: FRATERNAL ACTIVITIES
total $1,041,678
-
24e · All other expenses
total $1,554,756
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $36,160,132 · end of year $40,954,672
-
2 · Savings and temporary cash investments
beginning of year $1,132,250 · end of year $500,000
-
4 · Accounts receivable
beginning of year $613,903 · end of year $407,352
-
7 · Other notes and loans receivable
beginning of year $204,328 · end of year $430,967
-
10a · Land, buildings and equipment: cost or other basis
$17,542,693
-
10b · Land, buildings and equipment: accumulated depreciation
$3,673,565
-
10c · Land, buildings and equipment, net
beginning of year $14,263,326 · end of year $13,869,128
-
11 · Investments: publicly traded securities
beginning of year $2,611,917,821 · end of year $2,600,977,454
-
12 · Investments: other securities
beginning of year $86,461,409 · end of year $95,380,503
-
15 · Other assets
beginning of year $31,172,374 · end of year $41,561,478
-
17 · Accounts payable and accrued expenses
beginning of year $3,462,967 · end of year $4,987,491
-
25 · Other liabilities
beginning of year $2,571,486,111 · end of year $2,592,958,803
-
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 $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $206,976,465 · end of year $196,135,260
Mission and programs · 2025
Mission
GCU PROVIDES A FULL RANGE OF ANNUITY AND INSURANCE PRODUCTS TO MEET ITS MEMBERS' FINANCIAL EXPECTATIONS. WITH THE PROFITS GENERATED FROM THOSE SALES, THE SOCIETY PARTICIPATES IN A NUMBER OF COMMUNITY PROJECTS. THESE PROJECTS INCLUDE FUNDRAISING, DONATING TO AND VOLUNTEERING AT HOMELESS SHELTERS, FOOD BANKS, PUBLIC LIBRARIES, DAY CARE CENTERS, SCHOOLS FOR THE BLIND, HOMES FOR PREGNANT TEENS, ETC. IN ADDITION, THE SOCIETY REMAINS A SIGNIFICANT BENEFACTOR TO THE SS. CYRIL & METHODIUS BYZANTINE CATHOLIC SEMINARY LOCATED IN PITTSBURGH, PENNSYLVANIA FOR THE EDUCATION OF THEIR PRIESTS.
Activities or mission (Part I)
THE MISSION OF GCU (F/K/A THE GREEK CATHOLIC UNION OF THE USA) IS TO PROVIDE FINANCIAL AND FRATERNAL BENEFITS TO ITS MEMBERS AND TO EDUCATE MEMBERS ON THE BYZANTINE CULTURE AND HERITAGE.
-
AS OF 12/31/25, THERE WERE 26,055 LIFE INSURANCE POLICIES IN FORCE WITH $344,872,000 OF INSURANCE. THERE WERE ALSO 35,102 ANNUITY CONTRACTS IN FORCE WITH A VALUE OF $2,398,282,322. BOTH LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS SUPPORT OUR MEMBERS AND THE PROFITS THEREFROM SERVE AS THE FOUNDATION FOR OUR COMMUNITY-BASED PROGRAMS.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael KaraffaMICHAEL KARAFFA
DIRECTOR
- Total calculated
- $35,219
- From this org
- $35,219
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
David OleksaDAVID OLEKSA
DIRECTOR
- Total calculated
- $35,219
- From this org
- $35,219
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Stephen BednarSTEPHEN BEDNAR
DIRECTOR
- Total calculated
- $35,219
- From this org
- $35,219
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Father Valerian MichlikFATHER VALERIAN MICHLIK
DIRECTOR
- Total calculated
- $36,225
- From this org
- $36,225
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
John UrbanJOHN URBAN
DIRECTOR
- Total calculated
- $42,231
- From this org
- $42,231
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Maria SilvestriMARIA SILVESTRI
DIRECTOR
- Total calculated
- $35,219
- From this org
- $35,219
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
George Batyko JrGEORGE BATYKO JR
DIRECTOR
- Total calculated
- $36,978
- From this org
- $36,978
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
George Kofel JrGEORGE KOFEL JR
DIRECTOR
- Total calculated
- $51,089
- From this org
- $51,089
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Melanie BaslMELANIE BASL
DIRECTOR
- Total calculated
- $40,002
- From this org
- $40,002
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Lisa GulibonLISA GULIBON
DIRECTOR
- Total calculated
- $35,219
- From this org
- $35,219
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Gregory N VladikaGREGORY N VLADIKA
DIRECTOR
- Total calculated
- $35,219
- From this org
- $35,219
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
George N JubaGEORGE N JUBA
PRESIDENT/CEO (RETIRED 6/10/25)
- Total calculated
- $194,580
- From this org
- $180,090
- From related orgs
- $0
- Other
- $14,490
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,090
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,490
- Filer's total
- $194,580
-
Theodore TrbovichTHEODORE TRBOVICH
GENERAL COUNSEL
- Total calculated
- $101,936
- From this org
- $101,936
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Jeremy StephensonJEREMY STEPHENSON
CEO & COO (AS OF 6/10/25)
- Total calculated
- $318,029
- From this org
- $292,004
- From related orgs
- $0
- Other
- $26,025
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $292,004
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,025
- Filer's total
- $318,029
-
Timothy DemetresTIMOTHY DEMETRES
CFO
- Total calculated
- $385,717
- From this org
- $374,984
- From related orgs
- $0
- Other
- $10,733
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $374,984
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $10,733
- Filer's total
- $385,717
-
Bryan T O'ShaughnessyBRYAN T O'SHAUGHNESSY
HIGHLY COMPENSATED EMPLOYEE
- Total calculated
- $197,895
- From this org
- $168,915
- From related orgs
- $0
- Other
- $28,980
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,915
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $28,980
- Filer's total
- $197,895
-
John LuksaJOHN LUKSA
HIGHLY COMPENSATED EMPLOYEE
- Total calculated
- $151,653
- From this org
- $121,585
- From related orgs
- $0
- Other
- $30,068
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $121,585
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $30,068
- Filer's total
- $151,653
-
Jeremy NicholsJEREMY NICHOLS
HIGHLY COMPENSATED EMPLOYEE
- Total calculated
- $185,676
- From this org
- $155,608
- From related orgs
- $0
- Other
- $30,068
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,608
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $30,068
- Filer's total
- $185,676
-
William SchulokWILLIAM SCHULOK
HIGHLY COMPENSATED EMPLOYEE
- Total calculated
- $203,768
- From this org
- $173,700
- From related orgs
- $0
- Other
- $30,068
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,700
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $30,068
- Filer's total
- $203,768
-
Timothy CassidyTIMOTHY CASSIDY
HIGHLY COMPENSATED EMPLOYEE
- Total calculated
- $151,718
- From this org
- $151,313
- From related orgs
- $0
- Other
- $405
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,313
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $405
- Filer's total
- $151,718
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 1A
- REPORTED ON FORM 1099-MISC.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
GCU HOLDING COMPANY INC
C · HOLDING COMPANY · PA · 100% owned · share of income $328,332
Directly controlled by GCU
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 21 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202642649349301214
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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