2023-10-12T16:44:15-05:00 2022-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2022-01-01 311582415 OHIO CREDIT UNION FOUNDATION OHIO 8004862917 10 WEST BROAD STREET 1100 COLUMBUS OH 43215 PAUL MERCER PRESIDENT 8004862917 2023-10-06 1 PAUL MERCER 999009999 1 VALENTINO CREUS CPA P01054153 8189549700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIM CONNOR 10 WEST BROAD STREET 1100 COLUMBUS OH 43215 383738 0 X WWW.OHIOCREDITUNIONS.ORG/FOUNDATION/ X 1997 OH THE OHIO CREDIT UNION FOUNDATIONIS ACTIVE IN AND DEDICATED TO 1) PROMOTING FINANCIAL EDUCATION TO BENEFIT CREDIT UNION MEMBERS, OHIO STUDENTS, AND THE PUBLIC AT LARGE,2) HELPING CREDIT UNIONS IMPLEMENT PROGRAMS WITHIN THEIR COMMUNITIESTHAT FULFILL THEIR SOCIAL RESPONSIBILITY TO MAKE FINANCIAL SERVICESAFFORDABLE AND ACCESSIBLE TO ALL MEMBERS, INCLUDING THOSE OF MODESTMEANS OR TO AREAS IN FINANCIAL DISTRESS, 3) PROVIDING PROFESSIONALDEVELOPMENT GRANTS TO ASSIST CREDIT UNION EMPLOYEES AND VOLUNTEERLEADERS WITH TRAINING TO ACHIEVE PROFESSIONAL EXCELLENCE, 4) OFFERINGFINANCIAL RELIEF TO CREDIT UNIONS, THEIR EMPLOYEES, MEMBERS, AND THEIRCOMMUNITIES IN THE WAKE OF DISASTERS SUCH AS FLOODS, EARTHQUAKES,TORNADOS, OR FIRES, AND 5) EMPOWERING PEOPLE TO IMPROVE THEIR FINANCIALWELL-BEING BASED ON THE VALUES OF SELF-HELP, SELF-RESPONSIBILITY,DEMOCRACY, EQUALITY, AND EQUITY. 7 7 0 7 0 0 186587 265072 0 0 3665 9081 74444 59674 264696 333827 176444 275048 0 0 0 0 0 0 0 0 0 176444 275048 88252 58779 1603461 1792070 138795 268625 1464666 1523445 THE OHIO CREDIT UNION FOUNDATION SUPPORTS EDUCATIONAL AND OUTREACHINITIATIVES THAT PROMOTE FINANCIAL INDEPENDENCE THROUGH CREDIT UNIONS. 0 0 275048 275048 SCHOLARSHIPS FOR PROFESSIONAL DEVELOPMENT AND SECONDARY EDUCATION,GRANTS FOR OUTREACH AND FINANCIAL EDUCATION PROGRAMMING, AND DONATIONSFOR DISASTER RELIEF. 275048 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X LAUREN LAY CONTROLLER AT PLEXCITY 9092126028 2100 E ROUTE 66 SUITE 101 GLENDORA CA 91740 BECKY LANDIS CHAIR 0.50 X X 0 0 0 JEANNIE FYE VICE CHAIR 0.50 X X 0 0 0 TAMMY CANTRELL SEC/TREASURER 0.50 X X 0 0 0 JACKIE MOORE DIRECTOR 0.50 X 0 0 0 MIRANDA MCCONOUGHEY DIRECTOR 0.50 1.00 X 0 0 0 JOSH REAMS DIRECTOR 0.50 1.00 X 0 0 0 DEAN PIELEMEIER DIRECTOR 0.50 1.00 X 0 0 0 PAUL MERCER PRESIDENT 0.50 39.50 X 0 515665 62269 KIMBERLY CONNER DIR. MEMBER EXPERIENCE 0.50 39.50 X 0 107830 43976 0 623495 106245 0 0 1 0 0 265072 265072 9081 9081 109585 49911 59674 59674 333827 0 0 68755 248462 248462 26586 26586 275048 275048 0 0 523634 427907 1044000 1292000 29045 65381 6782 6782 1603461 1792070 3023 0 135772 239125 29500 138795 268625 X 1464666 1523445 1464666 1523445 1603461 1792070 58779 0 X X 1 X 0 0 0 X 279362 286854 262950 186587 265072 1280825 279362 286854 262950 186587 265072 1280825 1280825 13880 20315 15158 3665 9081 62099 1342924 0.95380 0.95140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 375715 41888 41888 333827 0 333827 316936 41888 41888 275048 0 275048 PART X, LINE 2: THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION,CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AS WELL AS ACCOUNTING IN INTERIM PERIODS. AS OF DECEMBER 31, 2022 AND 2021, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. OCUF GOLF CLASSIC 61540 61540 27649 CLAY CLASSIC 41580 41580 19721 1 6465 6465 2541 109585 109585 49911 49911 59674 1 ABBEY CREDIT UNION 800 FALLS CREEK DRIVE VANDALIA OH 45377 310329725 501(C)(14) 30000 0 TO PROVIDE IN PERSON AND ONLINE FINANCIAL EDUCATION CLASSES THROUGH YMU (NEW BEGININGS GRANT) ATOMIC CREDIT UNION 711 BEAVER CREED RD PIKETON OH 45661 314415974 501(C)(14) 14175 0 TO EXPAND STUDENT RUN CREDIT UNIONS BMI FEDERAL CREDIT UNION 6165 EMERALD PKWY DUBLIN OH 43016 314379741 501(C)(1) 7175 0 FINANCIAL FITNESS BOOTCAMP (NEW BEGININGS GRANT) BRIDGE CREDIT UNION 1980 W BROAD STREET COLUMBUS OH 43223 316077716 501(C)(14) 10000 0 FRESH START (NEW BEGININGS GRANT) CREDIT UNION OF OHIO 5500 BRITTON PARKWAY HILLIARD OH 43026 310733646 501(C)(14) 5072 0 CUNA MANAGEMENT SCHOOL DAY AIR CREDIT UNION 3501 WILMINGTON PIK KETTERING OH 45429 310546041 501(C)(14) 17000 0 FIGHTING HOMELESSNESS THROUGH BRIDGE PROGRAM WITH CHOICES (NEW BEGININGS GRANT) DESCO FEDERAL CREDIT UNION 401 CHILLICOTHE STREET PORTSMOUTH OH 45662 316042202 501(C)(1) 10000 0 FINANCIAL EMPOWERMENT PROGRAM FOR ADDICTION RECOVERY (NEW BEGININGS GRANT) EDUCATION FIRST CREDIT UNION 510 E MOUND ST COLUMBUS OH 43215 314379753 501(C)(14) 34500 0 FINANCIAL EDUCATION - BANZAI PROGRAM EMERALD CREDIT UNION 13201 GRANGER ROAD STE 9 CLEVELAND OH 44125 340835818 501(C)(14) 10093 0 COLLABORATIVE BSA SCHOOL BUNDLE, KNOCK OUT YOUR DELINQUENCIES, AND CERTIFICATION TO APPLY FOR COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SUN FEDERAL CREDIT UNION 1627 HOLLAND RD MAUMEE OH 43537 341300434 501(C)(14) 24000 0 ZOGO APP THE WORLDWIDE FOUNDATION FOR CREDIT UNIONS PO BOX 2982 MADISON WI 53701 396093210 501(C)(3) 35000 0 UKRAINIAN CREDIT UNION DISPLACEMENT FUND TOLEDO METRO FEDERAL CREDIT UNION 1212 ADAMS ST TOLEDO OH 43604 344451121 501(C)(1) 10000 0 FOSTER YOUTH - YOUNG MONEY UNIVERSITY & TENANTS RIGHTS (NEW BEGININGS GRANT) TOWPATH CREDIT UNION 2969 SMITH RD FAIRLAWN OH 44333 340058905 501(C)(14) 10000 0 FINANCIAL EDUCATION - STAFF TO BECOME CERTIFIED CUNA FICEP PROGRAM TRUECORE FEDERAL CREDIT UNION 215 DEO DR NEWARK OH 43055 314407749 501(C)(1) 10000 0 TRANSPORTATION, MENTORING, INDEPENDENT LIVING CLASSES, TRANSITIONAL HOUSING FOR FOSTERCARE 1 14 BECKY HART STUDENT INTERNSHIP 3086 STUDENT LOAN FORGIVENESS GRANT 15000 VIDEO SCHOLARSHIP 8500 PART I, LINE 2 ALL GRANT REQUESTS ARE REVIEWED AND EVALUATED AGAINST POLICIES TO ENSURE EQUITABLE TREATMENT. THOSE RECEIVING GRANTS ARE REQUIRED TO SUBMIT WRITTEN REPORTS DOCUMENTING HOW THE FUNDS AWARDED WERE USED. ALL SUPPORTING DOCUMENTATION IS RETAINED AS REQUIRED BY POLICY; AN INDEPENDENT CPA AUDIT OR REVIEW OF THE BOOKS AND RECORDS, INCLUDING A SAMPLING OF THE GRANT DOCUMENTS IN THE AUDITS. 0 1 0 0 0 0 0 0 0 PAUL MERCER PRESIDENT 0 380509 0 118100 0 17056 0 27450 0 34819 0 577934 0 0 KIMBERLY CONNER DIR. MEMBER EXPERIENCE 0 86957 0 20707 0 166 0 10887 0 33089 0 151806 0 0 PART I, LINE 4B THE ORGANIZATION'S RELATED ORGANIZATION (OHIO CREDIT UNION LEAGUE) HAS A CEO SUPPLEMENTAL RETIREMENT PLAN IN THE FORM OF A SECTION 162 BONUS PLAN. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS SIX VOTING MEMBERS OF THE BOARD OF DIRECTORS. THE DIRECTORS ARE COMPOSED OF TWO OHIO CREDIT UNION LEAGUE (OCUL) DIRECTORS ELECTED BY THE OCUL BOARD AND FOUR AT-LARGE DIRECTORS ELECTED BY THE OCUL BOARD. THE CHAIR OF THE OCUL BOARD SERVES AS AN EX-OFFICIO MEMBER WITH NO VOTE ON THE FOUNDATION BOARD. FORM 990, PART VI, SECTION A, LINE 7B LIMITED GOVERNANCE AUTHORITIES ARE RESERVED TO THE SPONSORING ORGANIZATION, INCLUDING: ELECTING REPRESENTATIVES TO THE BOARD OF DIRECTORS AND AMENDING THE CODE OF REGULATIONS IN SUCH A WAY THAT RESTRICTS OR REMOVES THE SPONSORING ORGANIZATION'S MINORITY REPRESENTATION ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE CPA FIRM RETAINED FOR AUDIT AND TAX REQUIREMENTS ANNUALLY. IN PREPARING THE 990 FILING, THE CPA FIRM WORKS WITH PLEXCITY STAFF AND OCUL MANAGEMENT. UPON COMPLETION THE FORM 990 IS MADE AVAILABLE FOR REVIEW BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS PRIOR TO FILING BY POSTING TO THE ORGANIZATION'S ONLINE GOVERNANCE PORTAL. IN ADDITION, THE 990 FILING IS INCORPORATED INTO THE NEXT SCHEDULED MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS VERBALLY REMINDED OF OUR CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH BOARD MEETING. THIS IS THE FIRST ITEM ON THE AGENDA. BOARD MEMBERS ARE REQUIRED TO NOTE WHETHER THEY HAVE A CONFLICT WITH ANY MEETING ITEM THEN RECUSE THEMSELVES AND LEAVE THE MEETING UNTIL THE ITEM HAS BEEN RESOLVED. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIALS AND IRS FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST, FOR THE SAME PERIOD OF TIME AS SET FORTH IN INTERNAL REVENUE CODE SECTION 6104(D). THAT INFORMATION WOULD BE SHARED HARD COPY OR DIGITALLY IN A PDF FORMAT DEPENDING ON THE REQUEST RECEIVED. OTHER MATERIALS ARE SHARED WITH THE PUBLIC AS REQUIRED BY LAW. FORM 990, PART XII, LINE 2C OHIO CREDIT UNION FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. OHIO CREDIT UNION LEAGUE 10 W BROAD ST SUITE 1100 COLUMBUS OH 43215 314359680 TRADE ASSOCIATION OH 501 (C)(6) N/A 0 OHIO CREDIT UNION DEFENSE COALITION 10 W BROAD ST SUITE 1100 COLUMBUS OH 43215 300277911 TRADE ASSOCIATION OH 501 (C)(6) OHIO CREDIT UNION LEAGUE 0 OHIO CREDIT UNION LEGISLATIVE ACTION COMMITTEE 10 W BROAD ST SUITE 1100 COLUMBUS OH 43215 310972975 POLITICAL ACTION COMMITTEE OH 527 OHIO CREDIT UNION LEAGUE 0 OHIO CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE 10 W BROAD ST SUITE 1100 COLUMBUS OH 43215 311700720 POLITICAL ACTION COMMITTEE OH 527 OHIO CREDIT UNION LEAGUE 0 OCUL SERVICES CORPORATION 10 W BROAD ST SUITE 1100 COLUMBUS OH 43215 310725246 SERVICE PROVIDER OH OHIO CREDIT UNION LEAGUE C 1985775 4903594 1.00000 0 OCUL INSURANCE AGENCY 10 W BROAD ST SUITE 1100 COLUMBUS OH 43215 310818842 INSURANCE AGENCY OH OCUL SERVICE CORPORATION C 507535 135043 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 OHIO CREDIT UNION LEAGUE O 41888 PAYROLL ALLOCATION OHIO CREDIT UNION LEAGUE M COST OHIO CREDIT UNION LEAGUE N COST