1ST ED CREDIT UNION

EIN: 236274650

CHAMBERSBURG, PA

Total Revenue
$5,780,221
Total Expenses
$5,287,732
Total Assets
$138,841,584
Net Assets
$19,847,586
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
PA
Phone
7172646506
Tax Period
2025-01-01 to 2025-12-31

1ST ED CREDIT UNION, founded in 1933, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2025. Expenses of $5.3M left a modest 9% surplus.

Mission

1ST ED CREDIT UNION IS A MEMBER-OWNED FINANCIAL INSTITUTION, SERVING SCHOOL EMPLOYEES AND THEIR FAMILIES IN ADAMS, CUMBERLAND, FRANKLIN, FULTON, AND YORK COUNTIES. OUR PURPOSE IS TO PROVIDE MEMBERS WITH QUALITY AND DIVERSE SERVICES, AS WELL AS PERSONAL ATTENTION TO THEIR FINANCIAL NEEDS. WE STRIVE FOR CONTINUED GROWTH WHILE MAINTAINING FINANCIAL STABILITY.

Program Service Accomplishments

Program 1
Expenses: $5,287,732 Revenue: $2,538,957

1ST ED CREDIT UNION IS A MEMBER-OWNED FINANCIAL INSTITUTION, SERVING SCHOOL EMPLOYEES AND THEIR FAMILIES IN ADAMS, CUMBERLAND, FRANKLIN, FULTON, AND YORK COUNTIES. OUR PURPOSE IS TO PROVIDE MEMBERS...

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1ST ED CREDIT UNION IS A MEMBER-OWNED FINANCIAL INSTITUTION, SERVING SCHOOL EMPLOYEES AND THEIR FAMILIES IN ADAMS, CUMBERLAND, FRANKLIN, FULTON, AND YORK COUNTIES. OUR PURPOSE IS TO PROVIDE MEMBERS WITH QUALITY AND DIVERSE SERVICES, AS WELL AS PERSONAL ATTENTION TO THEIR FINANCIAL NEEDS. WE STRIVE FOR CONTINUED GROWTH WHILE MAINTAINING FINANCIAL STABILITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,538,957
Investment Income $2,695,796
Other Revenue $545,468
TOTAL REVENUE $5,780,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,685,323
Fundraising Expenses $0
Program Expenses $5,287,732
Other Expenses $3,602,409
TOTAL EXPENSES $5,287,732

Year-over-Year Comparison

2025 2024 Change
Revenue $5,780,221 $5,536,855 +0.0%
Expenses $5,287,732 $5,221,574 +0.0%
Net Income $492,489 $315,281 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
34
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$209,435
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROY JOHNSTON PRESIDENT 1.50
Officer Director
$0 $0 $0
DEBORAH WESTOVER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ALAN ESTES SECRETARY/TR 1.00
Officer Director
$0 $0 $0
ANGELA LYNCH BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE KOONS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN HARMON BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN CAMPBELL BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLYN FAITH SUPERVISORY 1.50
Director
$0 $0 $0
AJ YOHN SUPERVISORY 1.00
Director
$0 $0 $0
THOMAS HOFFMAN SUPERVISORY 1.00
Director
$0 $0 $0
N/A CEO 40.00
Officer
$115,933 $0 $115,933
KELLY DAUGHERTY COO 40.00
Officer
$93,502 $0 $93,502
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,780,221 $5,287,732 $138,841,584 $492,489
2024 No data No data No data No data
2023 $4,559,363 $4,118,865 $131,926,990 $440,498
2022 $3,981,740 $3,327,221 $125,306,679 $654,519
2021 $3,611,021 $3,266,232 $134,760,811 $344,789
2020 $3,830,608 $3,543,272 $127,018,767 $287,336
2019 $4,063,791 $3,469,904 $116,889,166 $593,887
2018 $3,854,928 $2,929,001 $115,913,743 $925,927
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