SEVEN HILLS, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE OHIO EDUCATIONAL CREDIT UNION INC, founded in 1933, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $7.3M left a modest 12% surplus.
THE OHIO EDUCATIONAL CREDIT UNION IS A FULL-SERVICE FINANCIAL INSTITUTION. OUR GOAL IS TO RECOGNIZE AND UNDERSTAND THE UNIQUE NEEDS OF OUR INDIVIDUAL MEMBERS AND TO FULFILL THOSE NEEDS THROUGH A VARIETY OF DIVERSIFIED PRODUCTS AND SERVICES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $8,284,121 | $7,227,495 | +0.1% |
| Expenses | $7,314,419 | $6,642,384 | +0.1% |
| Net Income | $969,702 | $585,111 | +0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TONY H SMITH SR | BOARD PRESIDENT | 10.00 |
Director
|
$1,000 | $0 | $1,000 |
| JACKSON M BOYD | BOARD VICE PRESIDENT | 5.00 |
Director
|
$0 | $0 | $0 |
| MARIO DANESE | BOARD TREASURER | 5.00 |
Director
|
$750 | $0 | $750 |
| MYCHAEL HENDERSON | BOARD SECRETARY | 5.00 |
Director
|
$0 | $0 | $0 |
| MARK BATES | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| ROBERT W DOLAN | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| MELODY PATTERSON | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| PATRICK J POLEN | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| JEROME R VALCO | CEO | 40.00 |
Officer
|
$170,313 | $36,200 | $206,513 |
| SARAH L JANKOVIC | CFO | 40.00 |
Officer
|
$106,931 | $25,466 | $132,397 |
| ANTHONY TOY | CHIEF RETAIL SERVICES OFFI | 40.00 |
Officer
|
$128,694 | $4,975 | $133,669 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $8,284,121 | $7,314,419 | $147,656,900 | $969,702 |
| 2022 | $7,227,495 | $6,642,384 | $155,162,928 | $585,111 |
| 2021 | $6,516,857 | $6,430,629 | $152,807,950 | $86,228 |
| 2020 | $6,640,072 | $6,902,341 | $140,236,699 | $-262,269 |
| 2019 | $7,676,154 | $7,544,636 | $123,225,993 | $131,518 |
| 2018 | $7,298,012 | $7,730,530 | $122,878,179 | $-432,518 |
Compare THE OHIO EDUCATIONAL CREDIT UNION INC with other nonprofits in Ohio and across the country.