Great Lakes Credit Union Inc in Sylvania, Ohio (OH)

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Great Lakes Credit Union Inc
Employer Identification Number (EIN)346523886
Name of OrganizationGreat Lakes Credit Union Inc
Address6600 Sylvania Ave Ste 6d, Sylvania, OH 43560-3919
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 Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$27,243,387
Amount of Income$2,356,518
Form 990 Revenue Amount$1,663,816


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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$1,678,874
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,370,167
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$258,776
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$9,957
Gross amount from sales of assets other than inventory (Securities / Other)$1,173,542 / $4,664
Less: cost or other basis and sales expenses (Securities / Other)$1,152,239 / $16,010
Gain or (loss) (Securities / Other)$21,303 / $-11,346
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$39,974
Statement of Functional Expenses (for 2011)
Total functional expenses$1,626,274
Compensation of current officers, directors, trustees, and key employees$204,098
Other salaries and wages$282,929
Payroll taxes$48,470
Professional fundraising services$0
Other$1,090,777
Balance Sheet (for 2011)
Total assets$26,236,200
Total liabilities$23,199,746
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$23,199,746
Total net assets or fund balances$3,036,454
Retained earnings, endowment, accumulated income, or other funds$3,036,454
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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11Great Lakes Credit Union Inc6600 Sylvania Ave Ste 6d, Sylvania, OH 43560-3919OH1969-04$2,356,518
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13Great Lakes Freedom Foundation2720 N County Road 198, Fremont, OH 43420-8919OH1997-04$26,310
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16Great Lakes Recreational Vehicle AssociationPO BOX 908, Aurora, OH 44202-0908OH1980-09$713,169
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19Great Lakes Theater Festival Inc1501 Euclid Ave Ste 423, Cleveland, OH 44115-2108OH1964-04$3,826,651
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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
Subordinate1307 Day Air Credit Union Inc, Epsilon Delta Upsilon University Of Dayton421 Rubicon Street Apt 104, Dayton, OH 45409OH1969-04$91,365,613
SubordinateGeneral Electric Credit Union10485 Reading Rd, Cincinnati, OH 45241-2523OH1969-04$69,088,163
SubordinateKemba Financial Credit Union555 Officecenter Pl, Gahanna, OH 43230-5333OH1969-04$40,498,818
SubordinateDirections Credit Union Inc5121 Whiteford Rd, Sylvania, OH 43560-2987OH1969-04$35,329,757
Subordinate42 Kemba Credit Union Inc8763 Union Centre Blvd, West Chester, OH 45069-4897OH1969-04$29,767,431
SubordinateMidusa Credit Union3600 Towne Blvd, Middletown, OH 45005-5543OH1969-04$26,333,390
Subordinate64 Telhio Credit Union Inc96 N 4th St, Columbus, OH 43215-3115OH1969-04$24,349,487
Subordinate955 Sharefax3620 Dunlop Court, Mason, OH 45040OH1969-04$12,424,421
Subordinate718 Atomic Credit Union Inc711 Beaver Creek Rd, Piketon, OH 45661-9140OH1969-04$12,171,305
SubordinateRiver Valley Credit Union Inc505 Earl Blvd, Miamisburg, OH 45342-6411OH1969-04$12,158,695
SubordinateChaco Credit Union Inc, 239100 S 3rd St, Hamilton, OH 45011-2816OH1969-04$10,512,939
SubordinateFirefighters Community Credit Union Inc, Maple Heights Firefighters Union Iaff Local 11845520 Warrensville Center Road, Maple Heights, OH 44137OH1969-04$9,946,289
Subordinate53 International Harvester Employee Credit Union Inc5000 Urbana Rd, Springfield, OH 45502-9069OH1969-04$8,746,619
Subordinate110 Aurgroup Financial Credit Union Inc8811 Holden Blvd, Fairfield, OH 45014-2109OH1969-04$8,720,884
SubordinateCardinal Community Credit Union Inc, 5688500 Westport Dr, Mentor, OH 44060-4123OH1969-04$7,746,689
SubordinateCinco Family Financial Center Credit Union Inc49 William Howard Taft Rd, Cincinnati, OH 45219-1713OH1969-04$7,392,194
Subordinate1134 Credit Union Of Ohio Inc5500 Britton Pkwy, Hilliard, OH 43026-7456OH1969-04$7,358,573
SubordinateClyde-Findlay Area Credit Union Inc1455 W Mcpherson Hwy, Clyde, OH 43410-1009OH1969-04$6,567,102
SubordinateC E S Credit Union Inc, 5441215 Yauger Rd, Mount Vernon, OH 43050-9233OH1969-04$6,138,671
Number of affiliated organizations
Ohio131
Total131

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