Nonprofits1371 Impact Credit Union Inc

1371 Impact Credit Union Inc

CLYDE, OH

Total revenue

$11.2M

Total expenses

$10.4M

Net assets

$16.8M

Grants received

EIN

344431845

Tax year

2024

Mission

The credit union provides financial services to qualified members.

Programs

2 programs

Originate loans and service a loan portfolio of 9,912 including new and used vehicles, recreational vehicles, signature, 1st mortgage, home equity, credit card, and share secured loans.

Offer check cashing, courtesy pay, wire transfer, electronic banking, atm and various insurance programs to eligible members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$9.9M
Investment income$1.3M
Other revenue$30K
Total revenue$11.2M

Expenses

Grants paid
Salaries & benefits$4.0M
Fundraising
Other expenses$6.4M
Total expenses$10.4M
Total assets$185.7M
Net assets$16.8M

People

12 listed

NameRoleCompensation

SCOTT HICKS

PRESIDENT/CE

Board

$258K

40 hrs/wk

SONYA SMITH

EVP/CFO

Board

$150K

40 hrs/wk

KELLY STRECKER

SVP/CLO

Board

$114K

40 hrs/wk

NICHOLAS COURTRIGHT

TREASURER/SE

Board

0.5 hrs/wk

MICHAEL HALBEISEN

DIRECTOR

Board

0.5 hrs/wk

TROY HASHBARGER

CHAIRMAN

Board

0.5 hrs/wk

BRUCE HIRT

DIRECTOR

Board

0.5 hrs/wk

GARY HOTZ

DIRECTOR

Board

0.5 hrs/wk

KAREN MACFARLAND

DIRECTOR

Board

0.5 hrs/wk

CURTIS REICHMAN

VICE CHAIRMA

Board

0.5 hrs/wk

BRUCE JOSEPH

FINANCIAL PL

Staff

$228K

40 hrs/wk

CRAIG DAVIS

VP OPERATION

Staff

$101K

40 hrs/wk

Independent contractors

FIDELITY NAT'L SERVICES

CC PROCESSING

$908K

AREA FINANCIAL SERVICES

DATA PROCESSING

$906K

MEDICAL MUTUAL

HEALTH INS.

$505K

Details

EIN344431845
Subsection14
Ruling date1969-04
Formed1937
Employees64
Volunteers14
1371 IMPACT CREDIT UNION INC — Mission, Financials & Grants Received | Grantivo