The First Ohio Credit Union Inc, 1372 in Fostoria, Ohio (OH)

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The First Ohio Credit Union Inc, 1372
Employer Identification Number (EIN)344428391
Name of OrganizationThe First Ohio Credit Union Inc
Secondary Name1372
Address1650 N Countyline St, Fostoria, OH 44830-1938
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 Period12/2010
Assets$50,000,000 to greater
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$79,411,886
Amount of Income$5,521,915
Form 990 Revenue Amount$5,018,617


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$4,806,274
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$4,362,662
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$357,111
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$4,535
Gross amount from sales of assets other than inventory (Securities / Other)$1,510,219 / $0
Less: cost or other basis and sales expenses (Securities / Other)$1,505,684 / $0
Gain or (loss) (Securities / Other)$4,535 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$81,966
Gross sales of inventory, less returns and allowances$81,966
Less: cost of goods sold$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$5,062,356
Compensation of current officers, directors, trustees, and key employees$191,314
Other salaries and wages$1,025,981
Payroll taxes$91,217
Professional fundraising services$0
Other$3,753,844
Balance Sheet (for 2011)
Total assets$79,239,837
Total liabilities$72,749,045
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$72,749,045
Total net assets or fund balances$6,490,792
Retained earnings, endowment, accumulated income, or other funds$6,490,792
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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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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