64 Telhio Credit Union Inc
501(c)(14)
Strong reserves Growing revenue
64 Telhio Credit Union Inc is a 501(c)(14) organization based in Columbus, Ohio, registered in 1969, with $84,664,088 in FY2024 revenue.
330 Rush Aly Ste 500, Columbus, OH, 43215 EIN 31-4154280 Since 1969
Revenue (FY2024)
$84.7M
▲ 11.6% vs prior year
Expenses (FY2024)
$85.8M
Net assets
$120.9M
Employees
349
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Capped at A — the top grade requires the fuller disclosure of a complete Form 990.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 64 Telhio Credit Union Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 64 Telhio Credit Union Inc: 17 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For 64 Telhio Credit Union Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 64 Telhio Credit Union Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
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.
What they do
Direct labor and employee costs incurred providing savings deposit services, originating new loans and servicing loan portfolio for members.
Data processing costs incurred recording member acount activity and providing access to members to their accounts via home banking, atm networks, and in person at the credit union office.
Contact & location
Financial trends
Revenue grew from $26.9M (FY2013) to $84.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.3BNet assets $120.9M
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4B
Total liabilities
$1.3B
Net assets
$120.9M
Salaries & benefits
$29.7M
35% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $84,664,088▲11.6% | $85,823,132▲13.7% | $120,921,686▼0.3% | $1,427,045,503▲4.6% | 990 |
| 2023 | $75,863,938▲20.3% | $75,483,158▲32.7% | $121,307,827▲0.9% | $1,363,973,734▼1.0% | 990 |
| 2022 | $63,054,320▼0.4% | $56,895,023▲12.5% | $120,246,358▼3.4% | $1,377,748,045▲8.4% | 990 |
| 2021 | $63,287,965▲27.6% | $50,567,257▲17.0% | $124,465,649▲33.5% | $1,270,587,920▲33.9% | 990 |
| 2020 | $49,616,547▲4.8% | $43,224,022▲4.9% | $93,226,941▲9.7% | $948,938,318▲12.7% | 990 |
| 2019 | $47,326,708▼3.7% | $41,190,448▲2.9% | $85,021,856▲8.5% | $841,649,015▲0.7% | 990 |
| 2018 | $49,151,053▲13.3% | $40,046,739▼2.6% | $78,387,583▲12.9% | $836,202,879▲2.4% | 990 |
| 2017 | $43,376,991▲30.1% | $41,133,275▲26.2% | $69,440,018▲3.2% | $816,299,042▲1.8% | 990 |
| 2016 | $33,350,765▲17.6% | $32,602,093▲24.7% | $67,273,477▲22.6% | $801,924,952▲40.1% | 990 |
| 2015 | $28,351,591▲0.2% | $26,146,130▼0.5% | $54,857,195▲3.8% | $572,393,614▲7.0% | 990 |
| 2014 | $28,286,817▲5.1% | $26,283,984▲9.9% | $52,854,978▲4.1% | $534,888,105▲2.4% | 990 |
| 2013 | $26,913,749 | $23,919,746▼1.2% | $50,773,069▲4.6% | $522,337,307▲9.6% | 990 |
| 2012 | — | $24,202,369▼3.0% | $48,546,154▲0.9% | $476,774,115▲3.2% | 990 |
| 2011 | — | $24,957,836▲1.8% | $48,123,169▼1.3% | $461,803,406▲6.3% | 990 |
| 2010 | — | $24,523,049 | $48,747,632 | $434,453,630 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Derrick Bailey — $821,995 (0.96% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Derrick Bailey | Ceo | 40 | $821,995 |
| Leslie Bumgarner | Ceo Emeritus | 40 | $714,139 |
| Kristen Scott | Cfo | 40 | $548,133 |
| Christopher Wampler | Vp Risk Mana | 40 | $389,240 |
| Aisha Allen | Chief Hr Off | 40 | $310,581 |
| David Ault | Cio | 40 | $295,340 |
| Igor Babamovski | Vp Mort Sale | 40 | $278,495 |
| Jessica Bing | Coo | 40 | $260,609 |
| Mitch Vocke | Clo | 40 | $246,145 |
| Daniel Daily | Evp/chief St | 40 | $229,500 |
| Janet Borton | Vp Hr | 40 | $211,764 |
| Allen Mcconnell | Vp Commercia | 40 | $211,364 |
| Donna Tate | Vp of Mortga | 40 | $210,557 |
| Andy Marfurt | Director | 0.5 | — |
| Chinita Montgomery | Director | 0.5 | — |
| David Burns | Director | 0.5 | — |
| D'juan Hammonds | Director | 0.5 | — |
| Doug Mcdowell | Director | 0.5 | — |
| George Mussi | Director | 0.5 | — |
| Henry Chang | Director | 0.5 | — |
Top vendors & contractors (FY2014)
| Contractor | Services | Paid |
|---|---|---|
| Clearview Management | Management Services | $132,619 |
Frequently asked questions
- Is 64 Telhio Credit Union Inc a legitimate nonprofit?
- Yes. 64 Telhio Credit Union Inc is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 31-4154280, based in Columbus, Ohio.
- What is 64 Telhio Credit Union Inc's EIN?
- 64 Telhio Credit Union Inc's Employer Identification Number (EIN) is 31-4154280.
- How much revenue does 64 Telhio Credit Union Inc report?
- 64 Telhio Credit Union Inc reported $84,664,088 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does 64 Telhio Credit Union Inc's highest-paid employee make?
- The highest reported compensation on 64 Telhio Credit Union Inc's latest Form 990 is $821,995, paid to Derrick Bailey (Ceo).
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Data for 64 Telhio Credit Union Inc (EIN 31-4154280) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.