Nonprofits719 Emerald Credit Union

719 Emerald Credit Union

GARFIELD HEIGHTS, OH

Total revenue

$2.1M

Total expenses

$2.1M

Net assets

$3.3M

Grants received

$36K

2 grants

EIN

340835818

Tax year

2024

Mission

To provide lending, savings, and other financial services to its qualifying 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.

Provision for loan loss expense for member loans.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.7M
Investment income$318K
Other revenue$7K
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits$843K
Fundraising
Other expenses$1.1M
Total expenses$2.1M
Total assets$33.9M
Net assets$3.3M

People

10 listed

NameRoleCompensation

LINDSAY ANDEXLER

CEO

Board

$115K

40 hrs/wk

BONNIE GALL

CRO

Board

$69K

40 hrs/wk

JEFF LANZEN

CLO

Board

$65K

40 hrs/wk

JAMES MARUNOWSKI

DIRECTOR

Board

1 hrs/wk

STANLEY PERRY

DIRECTOR

Board

1 hrs/wk

ROB ROUTSON

DIRECTOR

Board

1 hrs/wk

BETTY ROYCE

DIRECTOR

Board

1 hrs/wk

RICHARD STEFANKO

DIRECTOR

Board

1 hrs/wk

DONNA GALLAVAN

DIRECTOR

Board

1 hrs/wk

ROBERT MARIA

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$26K
COLLABORATIVE BSA SCHOOL BUNDLE, KNOCK OUT YOUR DELINQUENCIES, AND CERTIFICATION TO APPLY FOR COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION
2023
$10K
COLLABORATIVE BSA SCHOOL BUNDLE, KNOCK OUT YOUR DELINQUENCIES, AND CERTIFICATION TO APPLY FOR COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION
2022

Funded by

$36K from 1 funder · 2 grants · 2022–2023

Ohio Credit Union Foundation

$36K · 2 grants · 2022–2023

Details

EIN340835818
Subsection14
Ruling date1969-04
Formed1955
Employees13
Volunteers7
719 EMERALD CREDIT UNION — Mission, Financials & Grants Received | Grantivo