Ohio University Credit Union Inc, Roberta Kreitz Cfo in Athens, Ohio (OH)

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Ohio University Credit Union Inc, Roberta Kreitz Cfo
Employer Identification Number (EIN)316040060
Name of OrganizationOhio University Credit Union Inc
Secondary NameRoberta Kreitz Cfo
AddressPO BOX 476, Athens, OH 45701-0476
ActivitiesEndowment fund or financial services, Loans or credit reporting
SubsectionCredit Union
Ruling Date04/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$288,141,829
Amount of Income$13,979,713
Form 990 Revenue Amount$13,979,713


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Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109603737
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return103102102
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$984,920$1,107,835
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$160,040$191,184
Total number of individuals who received more than $100,000 of reportable compensation from the organization56
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$13,495,249$14,403,350$13,979,713
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0
Program Service Revenue$11,916,608$12,939,069$12,473,786
0$9,764,713$549,333$3,072,682
0$2,530,076$9,606,031$9,177,111
0$-378,181$2,783,705$223,993
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,010,865$777,555$750,764
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$567,776$686,726$755,163
Gross sales of inventory, less returns and allowances$567,776$686,726$755,163
Less: cost of goods sold$0$0$0
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$12,980,287$12,766,338$12,606,265
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$966,220$1,144,960$1,299,019
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$2,591,372$2,590,930$2,873,674
Pension plan accruals and contributions$198,723$207,029$253,321
Other employee benefits$418,307$395,841$645,115
Payroll taxes$243,170$249,447$0
Fees for services (non-employees)
Management$0$0$0
Legal$22,181$24,850$16,911
Accounting$121,136$133,626$133,224
Lobbying$0$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0$0
Other$441,351$550,301$622,852
Advertising and promotion$173,687$178,808$225,038
Office expenses$286,338$287,297$341,812
Information technology$153,292$162,794$173,561
Royalties$0$0$0
Occupancy$569,560$605,063$622,281
Travel$72,712$67,299$71,666
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$0$0$0
Interest$2,914,944$2,328,915$1,943,991
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$515,330$499,117$455,352
Insurance$28,260$29,746$29,278
Other expenses$1,555,760$153,945$1,158,910
Other expenses$785,237$509,836$614,334
Other expenses$403,782$1,086,398$525,384
Other expenses$144,956$1,172,152$225,633
Other expenses$0$387,984$374,909
Balance Sheet
201120122013
Total assets$270,205,968$284,423,106$288,141,829
Cash - non-interest-bearing$5,193,213$4,762,254$4,073,332
Savings and temporary cash investments$30,431,137$34,476,726$23,245,891
Pledges and grants receivable, net$0$0$0
Accounts receivable, net$195,450,810$203,780,375$210,276,089
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$0$0$0
Land, buildings, and equipment: cost or other basis$6,135,985$5,892,018$5,832,437
Investments - publicly traded securities$0$0$0
Investments - other securities$28,261,232$30,631,601$39,399,400
Investments - program-related$0$0$0
Intangible assets$0$0$0
Other assets$4,733,591$4,880,132$5,314,680
Total liabilities$244,799,050$257,355,723$260,257,143
Accounts payable and accrued expenses$0$0$0
Grants payable$0$0$0
Deferred revenue$0$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$244,799,050$257,355,723$260,257,143
Total net assets or fund balances$25,406,918$27,067,383$27,884,686
Unrestricted net assets$0$0$0
Temporarily restricted net assets$0$0$0
Permanently restricted net assets$0$0$0
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$25,406,918$27,067,383$27,884,686
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralOhio Chartered Credit Unions77 S High St Fl 21, Columbus, OH 43215-6108OH1969-04$756,231,604
SubordinateWright-Patt Credit UnionPO BOX 33513, Wpafb, OH 45433-0513OH1969-04$108,426,776
SubordinateGeneral Electric Credit Union8832 Reading Rd, Cincinnati, OH 45215-4815OH1969-04$71,227,136
SubordinateDirections Credit Union Inc5121 Whiteford Rd, Sylvania, OH 43560-2987OH1969-04$47,632,502
SubordinateSeven Seventeen Credit Union Inc, Warren Usbc Wba1315 Norwood St Nw, Warren, OH 44485OH1969-04$45,836,811
SubordinateKemba Financial Credit Union555 Office Center Place, Gahanna, OH 43230-5333OH1969-04$42,275,760
Subordinate1307 Day Air Credit Union Inc, Epsilon Delta Upsilon University Of Dayton421 Rubicon Street Apt 104, Dayton, OH 45409OH1969-04$40,938,259
SubordinateUniversal 1 Credit Union Inc, Ross Co Retired Teachers3 Edgewood Court, Chillicothe, OH 45601OH1969-04$35,231,548
Subordinate42 Kemba Credit Union Inc8763 Union Centre Blvd, W Chester, OH 45069-4897OH1969-04$29,356,605
Subordinate64 Telhio Credit Union Inc96 N 4th St, Columbus, OH 43215-3115OH1969-04$23,974,196
Subordinate53 International Harvester Employee Credit Union Inc5000 Urbana Rd, Springfield, OH 45502-9069OH1969-04$20,525,442
SubordinateThe Ohio Educational Credit Union Inc, 302554 E 22nd St, Cleveland, OH 44115-3204OH1969-04$19,025,129
SubordinateDaymet Credit Union4988 Wagner Ford Rd, Dayton, OH 45414-4420OH1969-04$16,273,092
SubordinateOhio University Credit Union Inc, Roberta Kreitz CfoPO BOX 476, Athens, OH 45701-0476OH1969-04$13,979,713
Subordinate718 Atomic Credit Union Inc711 Beaver Creek Rd, Piketon, OH 45661-9140OH1969-04$13,572,538
Subordinate955 Sharefax3620 Dunlop Court, Mason, OH 45040OH1969-04$13,173,855
SubordinatePathways Financial Credit Union5665 N Hamilton Rd, Columbus, OH 43230-8326OH1969-04$12,780,117
SubordinateHomeland Credit Union Inc310 Caldwell St, Chillicothe, OH 45601-3331OH1969-04$11,605,699
SubordinateRiver Valley Credit Union Inc505 Earl Blvd, Miamisburg, OH 45342-6411OH1969-04$11,396,069
SubordinateFirefighters Community Credit Union Inc, Maple Heights Firefighters Union Iaff Local 11845520 Warrensville Center Road, Maple Heights, OH 44137OH1969-04$10,213,523
Number of affiliated organizations
Ohio192
International1
Total193

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