Nonprofits1388 Genfed Financial Credit Union

1388 Genfed Financial Credit Union

AKRON, OH

Total revenue

$20.7M

Total expenses

$18.0M

Net assets

$47.6M

Grants received

$13K

1 grants

EIN

340729554

Tax year

2024

Mission

To provide lending, savings, and other financial services to its members at terms generally better than available in the marketplace and with a service-based emphasis that recognizes the members' status as owners.

Programs

2 programs

Direct labor and employee benefit costs incurred providing savings deposit services, originating new loans and servicing the loan portfolio for members.

Other program services

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$17.6M
Investment income$3.1M
Other revenue$33K
Total revenue$20.7M

Expenses

Grants paid
Salaries & benefits$6.5M
Fundraising
Other expenses$8.7M
Total expenses$18.0M
Total assets$315.7M
Net assets$47.6M

People

20 listed

NameRoleCompensation

MICHAEL DORAN

PRESIDENT, C

Board

$421K

40 hrs/wk

CHRISTY YOUNG

SVP, CFO

Board

$155K

40 hrs/wk

GREG ATHEY

VP, CIO

Board

$147K

40 hrs/wk

RICHARD TODD

VP, COO

Board

$137K

40 hrs/wk

ANN BINNIE

VP BRANCH OP

Board

$121K

40 hrs/wk

JULIA TIMBROOK

VP OF HR

Board

$121K

40 hrs/wk

KIMBERLY PALLAS

VP, CMO

Board

$120K

40 hrs/wk

BRANDON PETIT

AVP OF IT

Board

$114K

40 hrs/wk

ASHLEY CONKLIN

VP MEMBER EX

Board

$108K

40 hrs/wk

CHRISTOPHER KIRSCH

VP LENDING

Board

$104K

40 hrs/wk

CHRISTINE CREW

AVP OF MARKE

Board

$80K

40 hrs/wk

SUZANNE SMITH

AVP OF COLLE

Board

$69K

40 hrs/wk

JOYCE JONES

BOARD CHAIR

Board

0.5 hrs/wk

NANCY KROH

CHAIR EMERIT

Board

0.5 hrs/wk

IAN LONGMAN

AUDIT COMMIT

Board

0.5 hrs/wk

M JOAN REED

VICE-CHAIR

Board

0.5 hrs/wk

MELINDA STAHL

AUDIT COMMIT

Board

0.5 hrs/wk

SYLVIA THOMPSON

SECRETARY/TR

Board

0.5 hrs/wk

THERESA THORNTON

AUDIT COMMIT

Board

0.5 hrs/wk

MATTHEW TIMBROOK

AUDIT COMMIT

Board

0.5 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$13K from 1 funder · 1 grant · 2022

Details

EIN340729554
Subsection14
Ruling date1969-04
Formed1937
Employees135
Volunteers7
1388 GENFED FINANCIAL CREDIT UNION — Mission, Financials & Grants Received | Grantivo