MORTON SALT CREDIT UNION

Address
PO BOX 36
RITTMAN, OH 44270
Contact
Website: http://www.mortonsaltcu.com
Phone: +1 (330) 927-1025
Nonprofit
NTEE: W61 - Credit Unions
EIN: 34-0764353

Mission

THE CREDIT UNION PROVIDES FINANCIAL SERVICES
 201620152014
Basic features of the organization
Year of formation2016
Subsection501(c)(14)
Organization typeCorporation
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$42,350.00$47,450.00 
Sum of reportable (W2/1099) compensation$42,350.00$47,450.00 
Number of employees333
Number of volunteers57 
Personnel
Bechtol, Jerry
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personJERRY BECHTOLJERRY BECHTOLJERRY BECHTOL
Average hours per week working for org0.000.00 
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Blubaugh, Pamela
TitleCEOCEO 
Name of key/compensated personPAMELA BLUBAUGHPAMELA BLUBAUGH 
Average hours per week working for org40.0040.00 
Reportable compensation from org$42,350.00$47,450.00 
Other comp, non-reportable, from org and related orgs$0.00$1,424.00 
PositionKey employeeOfficer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Branham, Landon
Title VICE PRESIDEVICE PRESIDE
Name of key/compensated person LANDON BRANHAMLANDON BRANHAM
Average hours per week working for org 0.00 
Reportable compensation from org $0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00
Position Individual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00
Craig, Gwen
TitleSECRETARYSECRETARYSECRETARY
Name of key/compensated personGWEN CRAIGGWEN CRAIGGWEN CRAIG
Average hours per week working for org0.000.00 
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Craig, Larry
TitlePRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personLARRY CRAIGLARRY CRAIGLARRY CRAIG
Average hours per week working for org0.000.00 
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Herald, Robert
TitleTREASURERTREASURERTREASURER
Name of key/compensated personROBERT HERALDROBERT HERALDROBERT HERALD
Average hours per week working for org0.000.00 
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Staley, Larry
Title DIRECTORDIRECTOR
Name of key/compensated person LARRY STALEYLARRY STALEY
Average hours per week working for org 0.00 
Reportable compensation from org $0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00
Position Individual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00
Stepp, J
Title DIRECTORDIRECTOR
Name of key/compensated person J MIKE STEPPJ MIKE STEPP
Average hours per week working for org 0.00 
Reportable compensation from org $0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00
Position Individual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00
Telford, Steve
TitleVICE-PRESIDENT  
Name of key/compensated personSTEVE TELFORD  
Average hours per week working for org0.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director, Officer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Purpose: mission, activities & accomplishments
Mission or significant activitiesTHE CREDIT UNION PROVIDES FINANCIAL SERVICES TO QUALIFED MEMBERSTHE CREDIT UNION PROVIDES FINANCIAL SERVICES TO QUALIFIED MEMBERS.THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO QUALIFIED MEMBERS.
Programs, including revenue & expenses
DATA PROCESSING COST INCURRED RECORDING MEMBER ACCOUNT ACTIVITY AND PROVIDING ACCESS TO MEMBERS' ACCOUNTS
Program descriptionDATA PROCESSING COST INCURRED RECORDING MEMBER ACCOUNT ACTIVITY AND PROVIDING ACCESS TO MEMBERS' ACCOUNTSDATA PROCESSING COSTS INCURRED RECORDING MEMBER ACCOUNT ACTIVITY AND PROVIDING ACCESS TO MEMBERS' ACCOUNTS.DATA PROCESSING COSTS INCURRED RECORDING MEMBER ACCOUNT ACTIVITY AND PROVIDING ACCESS TO MEMBERS' ACCOUNTS.
DIVIDENDS PAID TO MEMBERS ON DEPOSIT ACCOUNTS. DIRECT LABOR AND EMPLOYEE BENEFIT COSTS INCURRED PROVIDIG SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING THE LOAN PORTFOLIO FOR MEMBERS.
Program descriptionDIVIDENDS PAID TO MEMBERS ON DEPOSIT ACCOUNTS. DIRECT LABOR AND EMPLOYEE BENEFIT COSTS INCURRED PROVIDIG SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING THE LOAN PORTFOLIO FOR MEMBERS.DIVIDENDS PAID TO MEMBERS ON DEPOSIT ACCOUNTS.DIVIDENDS PAID TO MEMBERS ON DEPOSIT ACCOUNTS.
Financial data
Expense categories (totals)
Sum (total functional expenses)$177,012.00$179,684.00$183,831.00
Program services (total functional expenses) $0.00$0.00
Management & general (total functional expenses) $0.00$0.00
Fundraising (total functional expenses) $0.00$0.00
Revenue
Total revenue$154,881.00$152,449.00$148,268.00
Program service revenue (total)$132,107.00$129,297.00$127,658.00
Revenue from contributions (total) $0.00$0.00
Investment income$22,774.00$21,241.00$20,610.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$1,911.00$0.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00
Gross receipts$154,881.00$152,449.00$148,268.00
Other types of revenue
Miscellaneous revenue (total) $1,911.00 
Income from dividends, interest, and similar investments$22,774.00$21,241.00$20,610.00
Net rental income $0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00
Accounting service fees (total)$3,300.00$1,394.00$2,386.00
Assets and liabilities
Total assets$4,229,417.00$4,218,819.00$4,193,701.00
Total assets, beginning of year$4,218,819.00$4,193,701.00$4,504,135.00
Total liabilities$3,460,376.00$3,427,517.00$3,375,249.00
Total liabilities, beginning of year$3,427,517.00$3,375,249.00$3,650,120.00
Net assets$769,041.00$791,302.00$818,452.00
Net assets, beginning of year$791,302.00$818,452.00$854,015.00
Other liabilities$3,455,823.00$3,423,147.00$3,369,044.00
Other assets$18,822.00$4,214.00$3,974.00
Investments: other securities$1,681,231.00$1,882,178.00$1,959,629.00
Cash: non-interest bearing$93,844.00$68,370.00$94,195.00
Cash: non-interest bearing, beginning of year$68,370.00$94,195.00$102,132.00
Investments: program-related$37,005.00$37,005.00$37,005.00
Other financial variables
Revenue less expenses-$22,131.00-$27,235.00-$35,563.00
Advertising (total)$723.00$806.00$2,032.00
Savings & temp cash investment$320,960.00$377,636.00$221,013.00
Prepaid expenses & deferred charges$2,261.00$2,444.00$2,611.00
Accounts payable & accrued expenses$4,553.00$4,370.00$6,205.00
Total net assets or fund balances$769,041.00$791,302.00$818,452.00
Depreciation, depletion, amortization$1,604.00$7,964.00$7,018.00
Governance and accountability
Number of voting members588
Number of independent voting members578
Tax year start date2016-01-012015-01-012014-01-01
Tax year end date2016-12-312015-12-312014-12-31
Accounting methodAccrualAccrualAccrual
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-01-172017-02-212015-06-26
IRS schema version2016v3.02015v2.12014v5.0
Filing identifier201723149349300212201613089349301961201541179349300809
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