Nonprofits1380 Education First Credit Union Inc

1380 Education First Credit Union Inc

COLUMBUS, OH

Total revenue

$10.1M

Total expenses

$9.7M

Net assets

$13.7M

Grants received

$35K

1 grants

EIN

314379753

Tax year

2024

Mission

Provide low cost loans to select membership groups, as well as provide savings options, financial literacy and other financial services and products with a service based emphasis that recognizes members as owners.

Programs

2 programs

During 2024, education first credit union incurred direct labor costs and employee benefit costs by providing savings deposit services, originating new loans and servicing the loan portfolio for members.

During 2024, education first credit union incurred operations expenses providing financial services to members such as atm access, shared branching access, share draft services, and other expenses associated with financial account programs. Education first provided these services to an estimated 12,176 members during 2024.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$8.7M
Investment income$1.3M
Other revenue
Total revenue$10.1M

Expenses

Grants paid
Salaries & benefits$3.4M
Fundraising
Other expenses$4.5M
Total expenses$9.7M
Total assets$144.6M
Net assets$13.7M

People

11 listed

NameRoleCompensation

MICHAEL WETTRICH

PRESIDENT/CE

Board

$238K

40 hrs/wk

JARED ELSASS

CFO

Board

$167K

40 hrs/wk

JASON THOMAS

COO

Board

$159K

40 hrs/wk

JO ANNETTE BYAS-MARSTON

DIRECTOR

Board

2 hrs/wk

JULIE DIDLICK

CHAIRPERSON

Board

2 hrs/wk

DAVID DOBOS

DIRECTOR

Board

2 hrs/wk

HENRY BLAND III

DIRECTOR

Board

2 hrs/wk

EZETTA MURRAY

SECRETARY

Board

2 hrs/wk

BARBARA OVERHOLSER

DIRECTOR

Board

2 hrs/wk

IRMA TURNER

TREASURER

Board

2 hrs/wk

JEFFERY WOODSON

VICE CHAIRPE

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$35K
FINANCIAL EDUCATION - BANZAI PROGRAM
2022

Funded by

$35K from 1 funder · 1 grant · 2022

Ohio Credit Union Foundation

$35K · 1 grant · 2022

Details

EIN314379753
Subsection14
Ruling date1969-04
Formed1936
Employees49
Volunteers7
1380 EDUCATION FIRST CREDIT UNION INC — Mission, Financials & Grants Received | Grantivo