Civic Intelligence

718 Atomic Credit Union Inc

EIN 31-4415974 • 501(c)14 • Piketon, OH

Profile

The purpose of this credit union shall be to promote thrift and to provide credit for its members.

Refreshing map…

711 Beaver Creek RoadPiketon, OH 45661

www.2mycu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.92x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

12th percentile

11.77x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Net Margin

52nd percentile

10.0%

Higher net margin than 52% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

68th percentile

$630,747

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

$250M-$1B nonprofits • Source year 2024

Asset Growth

97th percentile

15%

Faster asset growth than 97% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Revenue Growth

86th percentile

26%

Faster revenue growth than 86% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Assets

Up

$723,416,975

Up $172,672,181 (+31%) from 2022

Liabilities

Up

$664,200,903

Up $158,457,537 (+31%) from 2022

Net Assets

Up

$59,216,072

Up $14,214,644 (+32%) from 2022

Revenue

Up

$56,418,555

Up $20,776,867 (+58%) from 2022

Expenses

Up

$50,792,711

Up $22,045,816 (+77%) from 2022

Net Income

Down

$5,625,844

Down $1,268,949 (-18%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800M$600M$400M$200M$0Assets 2010: $162,321,255Liabilities 2010: $147,998,889Net Assets 2010: $14,322,3662010Assets 2011: $180,486,947Liabilities 2011: $164,300,271Net Assets 2011: $16,186,6762011Assets 2013: $208,049,356Liabilities 2013: $189,298,424Net Assets 2013: $18,750,9322013Assets 2014: $228,733,927Liabilities 2014: $208,417,235Net Assets 2014: $20,316,6922014Assets 2015: $245,434,672Liabilities 2015: $223,773,758Net Assets 2015: $21,660,9142015Assets 2016: $267,593,334Liabilities 2016: $244,116,595Net Assets 2016: $23,476,7392016Assets 2017: $296,571,448Liabilities 2017: $271,067,922Net Assets 2017: $25,503,5262017Assets 2018: $315,126,249Liabilities 2018: $287,147,168Net Assets 2018: $27,979,0812018Assets 2019: $349,388,473Liabilities 2019: $319,321,070Net Assets 2019: $30,067,4032019Assets 2020: $454,407,285Liabilities 2020: $421,109,675Net Assets 2020: $33,297,6102020Assets 2021: $496,858,759Liabilities 2021: $458,752,124Net Assets 2021: $38,106,6352021Assets 2022: $550,744,794Liabilities 2022: $505,743,366Net Assets 2022: $45,001,4282022Assets 2024: $723,416,975Liabilities 2024: $664,200,903Net Assets 2024: $59,216,0722024

Highlighted filing

2024

Assets$723,416,975
Liabilities$664,200,903
Net Assets$59,216,072

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0Expenses 2010: $10,383,4332010Expenses 2011: $10,723,4822011Revenue 2013: $13,151,354Expenses 2013: $11,899,930Net Income 2013: $1,251,4242013Revenue 2014: $14,671,557Expenses 2014: $13,105,797Net Income 2014: $1,565,7602014Revenue 2015: $16,046,031Expenses 2015: $14,701,809Net Income 2015: $1,344,2222015Revenue 2016: $18,027,149Expenses 2016: $16,211,324Net Income 2016: $1,815,8252016Revenue 2017: $20,614,309Expenses 2017: $18,587,522Net Income 2017: $2,026,7872017Revenue 2018: $23,311,563Expenses 2018: $20,836,008Net Income 2018: $2,475,5552018Revenue 2019: $25,876,028Expenses 2019: $23,787,706Net Income 2019: $2,088,3222019Revenue 2020: $27,214,197Expenses 2020: $23,983,990Net Income 2020: $3,230,2072020Revenue 2021: $31,070,949Expenses 2021: $26,261,924Net Income 2021: $4,809,0252021Revenue 2022: $35,641,688Expenses 2022: $28,746,895Net Income 2022: $6,894,7932022Revenue 2024: $56,418,555Expenses 2024: $50,792,711Net Income 2024: $5,625,8442024

Highlighted filing

2024

Revenue$56,418,555
Expenses$50,792,711
Net Income$5,625,844

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$723$664$59.2$56.4$50.8$5.63
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$551$506$45.0$35.6$28.7$6.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$497$459$38.1$31.1$26.3$4.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$454$421$33.3$27.2$24.0$3.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$349$319$30.1$25.9$23.8$2.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$315$287$28.0$23.3$20.8$2.48
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$297$271$25.5$20.6$18.6$2.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$268$244$23.5$18.0$16.2$1.82
2015Detailed filing. Detailed filing data is available for this year.$245$224$21.7$16.0$14.7$1.34
2014Detailed filing. Detailed filing data is available for this year.$229$208$20.3$14.7$13.1$1.57
2013Detailed filing. Detailed filing data is available for this year.$208$189$18.8$13.2$11.9$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$180$164$16.2$10.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$148$14.3$10.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$56,486,127
Mission and Program Overview

Mission

The purpose of this credit union shall be to promote thrift and to provide credit for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$510,618,098$612,763,332▲ $102,145,234
Rtn Earn Endowment Incm Other Fnds$53,488,206$59,216,072▲ $5,727,866
Savings and Temporary Cash Investments$49,847,780$33,649,978▼ $16,197,802
Land, Buildings, and Equipment, Net$25,675,685$27,249,345▲ $1,573,660
Cash and Non-Interest-Bearing Accounts$19,811,952$22,325,642▲ $2,513,690
Investments in Publicly Traded Securities$10,396,847$7,902,414▼ $2,494,433
Receivables From Officers Etc$3,226,479--
Investments Other Securities$2,857,707$3,175,706▲ $317,999
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$635,928,740$723,416,975▲ $87,488,235
Other Assets Total$13,494,192$16,350,558▲ $2,856,366
Liabilities
Other Liabilities$576,378,867$657,303,793▲ $80,924,926
Accounts Payable and Accrued Expenses$6,061,667$6,897,110▲ $835,443
Total Liabilities$582,440,534$664,200,903▲ $81,760,369
Net Assets / Fund Balance
Total Net Assets Fund Balance$53,488,206$59,216,072▲ $5,727,866
Total Liabilities and Net Assets / Fund Balance$635,928,740$723,416,975▲ $87,488,235

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,916,946$5,391,960$21,308,906
Equipment$3,685,113$7,885,211$11,570,324
Land$5,264,232-$5,264,232
Leasehold Improvements$1,039,237$563,625$1,602,862
Other Land Buildings$1,343,817-$1,343,817
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas GriffithsCEO/presidentFT$528,885$101,862$630,747
Aaron MichaelCOO/general CounselFT$293,974$47,898$341,872
Jerod WileyCFOFT$245,649$43,380$289,029
Curtis GreenSVP of ItFT$175,324$25,541$200,865
Nicole PersinSVP of Risk Management & Digital ExperienceFT$153,929$16,112$170,041
Nicole PersinSVP of Risk Management & Digital Exp-$143,785$26,256$170,041
Geoff GrimesSVP of Consumer LendingFT$143,940$20,554$164,494
Branden McgheeSVP of Branch OperationsFT$138,274$20,491$158,765
Shannon WeberVP of Legal & ComplianceFT$129,044$13,083$142,127
Gerald KomlosDirector-$11,058-$11,058
Vernon BlaineSecretary/treasurer-$8,674-$8,674
Tammy JonesVice-chairwoman-$1,466-$1,466

Board Members and Trustees

NameTitle
Billy SpencerChairman
Elaine LittenDirector
John BoyerDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Drummond Construction INCConstructionPO BOX 746, Lancaster, OH 43130$790,718
Ft Restoration LLCCleaning2759 ERWIN RD, Jackson, OH 45640$169,546
Little Creek Construction INCConstruction47 TOLLIVER ROAD, Greenup, KY 41144$101,260
Revenue and Support

Revenue Composition

Contributions and Grants
$49,075
Program Service Revenue
$53,425,205
Investment Income
$2,944,275
Other Revenue
$0
Change in Net Assets
$5,625,844

Audited Revenue Reconciliation

Revenue per Audited Statements
$56,418,555
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$56,418,555
Total Revenue per Form 990
$56,418,555
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,397,887
Salaries, Compensation, and Employee Benefits$20,394,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$13,612,288
Interest---$13,299,184
Other Employee Benefits---$3,171,044
Fees for Services Other---$2,942,512
Office Expenses---$2,089,901
Depreciation Depletion---$1,919,948
Current Officers, Directors, Trustees, and Key Employees---$1,282,847
Pension Plan Contributions---$1,172,755
Payroll Taxes---$1,155,890
Travel---$841,334
Advertising---$826,065
Occupancy---$556,930
Other Expenses---$404,969
All Other Expenses---$318,537
Fees for Services Legal---$195,733
Insurance---$125,554
Fees for Services Accounting---$78,000
Conferences and Meetings---$800
Total Functional Expenses$0$0$0$50,792,711

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$50,792,711
Total Expenses per Audited Statements$50,792,711
Total Expenses per Form 990$50,792,711
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$3,226,479--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARES & DEPOSITS$657,303,793
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members.

Form 990, Part VI, Section A, Line 7A

The board of directors is elected by the members.

Form 990, Part VI, Section A, Line 7B

Certain transactions and changes to the code of regulations are subject to member approval.

Form 990, Part VI, Section B, Line 11B

The form 990 will be reviewed by management prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

All employees will be required to sign a confidentiality statement and a conflict of interest statement on an annual basis.the documented relationships will be subject to outside auditors/examiners.

Form 990, Part VI, Section B, Line 15

The board sets the salary of the ceo. The ceo is the boards only employee as per the organizations strategic governance policy. The ceo sets the salary of the officers and employees of the organization.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are not made available to the public.

Filing and Contact Details

Filer

Filer Name
718 Atomic Credit Union Inc
EIN
31-4415974
Phone
7402895060
Address
711 BEAVER CREEK ROAD, PIKETON, OH 45661

Signing Officer

Name
Jerod P Wiley
Title
CFO
Phone
7402895060
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Griffiths
Formed
1955
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
327
Volunteers
1,160

Preparer

Firm
Gbq Partners LLC
Address
4030 SMITH ROAD SUITE 400, CINCINNATI, OH 45209
Preparer
Kathleen M Moseley
Phone
5138713033
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Equity acquired in merger 102,022.

Form 990, Part XII, Lne 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The credit union accounts for uncertainty in income taxes in its financial statements as required under financial accounting standards board (fasb) accounting standards codification (asc), accounting for uncertainty in income taxes. The standard prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The standard also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition accounting. Management determined there were no material uncertain positions taken by the credit union in its tax returns.

Raw XML AppendixShowing 400 of 580 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06897110
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IRS990/ActivityOrMissionDesc0THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS.
IRS990/AdvertisingGrp/TotalAmt0826065
IRS990/AllOtherExpensesGrp/TotalAmt0318537
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PATRICK ARMSTRONG CONTROLLER
IRS990/BooksInCareOfDetail/PhoneNum07402895060
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0711 BEAVER CREEK ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0PIKETON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045661
IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd241144
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DRUMMOND CONSTRUCTION INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1FT RESTORATION LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2LITTLE CREEK CONSTRUCTION INC
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7COO/GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP OF IT
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP OF CONSUMER LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt11SVP OF RISK MANAGEMENT & DIGITAL EXPERIENCE
IRS990/Form990PartVIISectionAGrp/TitleTxt12SVP OF BRANCH OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF LEGAL & COMPLIANCE
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0563625
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4143785
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5143940
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt6138274
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount212000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount37000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount410000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount55025
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount65000
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt60
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt50

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