Civic Intelligence

Oklahoma Educators Credit Union

990 • Fiscal year 2024 • EIN 73-0742019

Jan 01, 2024 to Dec 31, 2024 • Filed on May 12, 2025

Organization ProfileWWW.OECU.COM

View Organization Page

4001 NW ExpresswayOklahoma City, OK 73116

(405) 722-2234

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.88x

Higher debt load relative to assets than 38% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

10.75x

Higher debt load relative to revenue than 9% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

59th percentile

14%

Higher net margin than 59% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$534,900

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

1st percentile

-10%

Faster asset growth than 1% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-3.1%

Faster revenue growth than 4% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets38th percentile

Assets

Down

$211,325,265

Down $23,743,969 (-10%) from 2023

Net Assets

Up

$24,950,091

Up $1,688,182 (+7.3%) from 2023

Liabilities

Down

$186,375,174

Down $25,432,151 (-12%) from 2023

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin59th percentile

Revenue

Down

$17,333,989

Down $553,026 (-3.1%) from 2023

Expenses

Up

$14,914,195

Up $30,322 (+0.2%) from 2023

Net Income

Down

$2,419,794

Down $583,348 (-19%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2010: $100,424,488Liabilities 2010: $93,396,215Net Assets 2010: $7,028,2732010Assets 2011: $101,738,277Liabilities 2011: $94,012,700Net Assets 2011: $7,725,5772011Assets 2012: $106,089,581Liabilities 2012: $98,382,384Net Assets 2012: $7,707,1972012Assets 2013: $110,493,781Liabilities 2013: $103,455,257Net Assets 2013: $7,038,5242013Assets 2014: $113,875,217Liabilities 2014: $104,869,535Net Assets 2014: $9,005,6822014Assets 2015: $120,462,316Liabilities 2015: $109,987,222Net Assets 2015: $10,475,0942015Assets 2016: $131,559,259Liabilities 2016: $120,087,950Net Assets 2016: $11,471,3092016Assets 2017: $143,905,450Liabilities 2017: $130,614,548Net Assets 2017: $13,290,9022017Assets 2018: $155,955,667Liabilities 2018: $141,131,345Net Assets 2018: $14,824,3222018Assets 2019: $166,993,127Liabilities 2019: $149,347,268Net Assets 2019: $17,645,8592019Assets 2020: $215,642,463Liabilities 2020: $194,985,982Net Assets 2020: $20,656,4812020Assets 2021: $242,039,953Liabilities 2021: $219,373,509Net Assets 2021: $22,666,4442021Assets 2022: $253,800,311Liabilities 2022: $233,088,542Net Assets 2022: $20,711,7692022Assets 2023: $235,069,234Liabilities 2023: $211,807,325Net Assets 2023: $23,261,9092023Assets 2024: $211,325,265Liabilities 2024: $186,375,174Net Assets 2024: $24,950,0912024

Highlighted filing

2024

Assets$211,325,265
Liabilities$186,375,174
Net Assets$24,950,091
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $4,856,3752010Expenses 2011: $4,049,7552011Expenses 2012: $3,868,2342012Revenue 2013: $3,777,332Expenses 2013: $3,655,077Net Income 2013: $122,2552013Revenue 2014: $5,271,154Expenses 2014: $4,161,242Net Income 2014: $1,109,9122014Revenue 2015: $6,694,691Expenses 2015: $5,242,306Net Income 2015: $1,452,3852015Revenue 2016: $7,526,298Expenses 2016: $6,278,882Net Income 2016: $1,247,4162016Revenue 2017: $9,493,077Expenses 2017: $7,744,129Net Income 2017: $1,748,9482017Revenue 2018: $11,417,815Expenses 2018: $9,719,606Net Income 2018: $1,698,2092018Revenue 2019: $13,990,498Expenses 2019: $11,990,121Net Income 2019: $2,000,3772019Revenue 2020: $15,320,509Expenses 2020: $13,118,986Net Income 2020: $2,201,5232020Revenue 2021: $16,355,869Expenses 2021: $13,297,637Net Income 2021: $3,058,2322021Revenue 2022: $17,834,253Expenses 2022: $14,832,015Net Income 2022: $3,002,2382022Revenue 2023: $17,887,015Expenses 2023: $14,883,873Net Income 2023: $3,003,1422023Revenue 2024: $17,333,989Expenses 2024: $14,914,195Net Income 2024: $2,419,7942024

Highlighted filing

2024

Revenue$17,333,989
Expenses$14,914,195
Net Income$2,419,794
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$27,869,367
Mission and Program Overview

Mission

Providing financial services to school employees, students, and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$155,476,785$142,065,540▼ $13,411,245
Investments Other Securities$58,431,881$48,223,077▼ $10,208,804
Rtn Earn Endowment Incm Other Fnds$23,261,909$24,950,091▲ $1,688,182
Land, Buildings, and Equipment, Net$12,363,242$12,088,867▼ $274,375
Cash and Non-Interest-Bearing Accounts$6,527,587$6,579,710▲ $52,123
Prepaid Expenses and Deferred Charges$555,223$533,297▼ $21,926
Receivables From Officers Etc$4,346$34,204▲ $29,858
Accounts Receivable$1,354$1,621▲ $267
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$235,069,234$211,325,265▼ $23,743,969
Other Assets Total$1,708,816$1,798,949▲ $90,133
Liabilities
Other Liabilities$168,044,462$146,445,425▼ $21,599,037
Mortgage Notes Payable Secured by Investment Property$42,146,400$38,000,000▼ $4,146,400
Accounts Payable and Accrued Expenses$1,418,981$1,700,762▲ $281,781
Escrow Account Liability$197,482$228,987▲ $31,505
Total Liabilities$211,807,325$186,375,174▼ $25,432,151
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,261,909$24,950,091▲ $1,688,182
Total Liabilities and Net Assets / Fund Balance$235,069,234$211,325,265▼ $23,743,969

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,514,607$2,223,677$11,738,284
Land$2,329,083-$2,329,083
Equipment$242,677$1,005,302$1,247,979
Leasehold Improvements$2,500$20,612$23,112
Other Securities$1,449,208--
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cindy WhitePresident / CEOFT$328,323$206,577$534,900
Trent VaughnSenior Vice PresidentFT$237,418$184,488$421,906
Bob HerzigCFOFT$136,260$105,912$242,172
Josh StoneVP of Back Office OperationsFT$119,784$12,304$132,088
Kelly HensleyIn-house CounselFT$101,000$8,675$109,675

Board Members and Trustees

NameTitle
Rick DawkinsBoard Member - Chairman
Andy ScottBoard Member
Brenda BolenBoard Member
Jeff DewittBoard Member
Mike OssenkopBoard Member
Renee AxtellBoard Member
Steven AllenBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Jack Henry & Associates IncData processing Services/Core ProcessorPO Box 609, Monett, MO 65708$421,157
Autopay Direct IncLoan Refinance Referral Fees8055 E Tufts Ave, Denver, CO 80237$289,635
CNET IncNetwork Maintenance and SecurityPO Box 1437, Mustang, OK 73064$200,982
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,009,030
Investment Income
$2,322,814
Other Revenue
$2,145
Change in Net Assets
$2,419,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,929,503
Salaries, Compensation, and Employee Benefits$5,483,281
Grants and Similar Amounts Paid$17,494
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,670,029
Benefits to Members---$2,483,917
Interest---$1,937,765
Current Officers, Directors, Trustees, and Key Employees---$1,079,433
Information Technology---$851,452
Depreciation Depletion---$457,541
Office Expenses---$446,910
Occupancy---$429,284
Other Employee Benefits---$353,347
Payroll Taxes---$325,411
All Other Expenses---$241,085
Fees for Services Legal---$210,255
Insurance---$109,832
Advertising---$94,758
Fees for Services Other---$82,703
Conferences and Meetings---$75,934
Other Expenses---$66,403
Pension Plan Contributions---$55,061
Fees for Services Accounting---$55,000
Travel---$29,803
Grants to Domestic Individuals---$11,896
Fees for Service Investment Mgmnt Fees---$7,944
Grants to Domestic Orgs---$5,598
Total Functional Expenses$0$0$0$14,914,195
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Suited for SuccessBethany, OK501(c)(3)Helps women achieve self sufficiency by providing professional clothing and career development services.$4,460
Mecu Caring for Community Foundation IncOklahoma City, OK-Donation to Caring for Community Event to raise funding for charitable and civic-oriented functions.$500
Credit Union House of OklahomaOklahoma City, OK-Location supported by all credit unions in the area and is utilized for events, training, conferences, and meetings.$360
OKLAHOMA'S CREDIT UNION - SUGAR & SPURS EVENTOklahoma City, OK501(c)(3)Donation to Sugar and Spurs Event to raise funding for research and treatment of pediatric illnesses.$278
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$4,346$34,204▲ $29,858
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Share Accounts$146,093,590
Total Clearing Accounts$157,409
Loan Proceeds Disbursement$146,234
Reserve for Unfunded Commitments$48,192
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The organization has only one class of members and no stockholders.”

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

“MEMBER ELECTION”

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

“Determined by board of directors”

Form 990, Part VI, Section C, line 19

“Documents provided upon request”

Filing and Contact Details

Filer

Filer Name
Oklahoma Educators Credit Union
EIN
73-0742019
Phone
4057222234
Address
4001 NW EXPRESSWAY, OKLAHOMA CITY, OK 73116

Signing Officer

Name
Cindy White
Title
President
Phone
4057222234
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cindy White
Formed
1960
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
140
Volunteers
11

Preparer

Firm
Ley Gifford & Farr Pllc
Address
1601 NW EXPRESSWAY STE 1800, OKLAHOMA CITY, OK 73118
Preparer
Clarissa Hunter
Phone
4058480255
Supplemental Narrative

Additional Explanations

Part XII, Line 2A

“Per section 715.7 of the National Credit Union Administration, A credit union which is not required to obtain a financial statement audit may fulfill its supervisory committee responsibility by obtaining an Other Supervisory Committee Audit. Oklahoma Educators Credit Union fulfills this obligation by obtaining a Supervisory Committee Annual Review by a third-party.”

Part XII, Line 2C

“No change in process from prior year.”

Financial Statement Notes

Part IV, Line 2B:

“OECU collects funds when a mortgage payment is made and these funds are held in an escrow account. These funds are later disbursed to pay a member's insurance premiums and real estate taxes. The 2024 balance is $225,838. OECU collected funds to purchase backpacks and school supplies to be donated to students in the community. The 2024 balance is $3,148.”

Raw XML AppendixShowing 400 of 601 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT / CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP OF BACK OFFICE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11IN-HOUSE COUNSEL
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0488393
IRS990/GainOrLossGrp/SecuritiesAmt02024
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt017494
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt011896
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05598
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01098010
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09920522
IRS990/GrossReceiptsAmt027869367
IRS990/GrossRentsGrp/RealAmt09408
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0851452
IRS990/InsuranceGrp/TotalAmt0109832
IRS990/InterestGrp/TotalAmt01937765
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01832397
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01832397
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt058431881
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt048223077
IRS990/IRPDocumentCnt02427
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03249591
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012363242
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012088867
IRS990/LandBldgEquipCostOrOtherBssAmt015338458
IRS990/LegalDomicileStateCd0OK
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0609617
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09918498
IRS990/LessRentalExpensesGrp/RealAmt07263
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING FINANCIAL SERVICES TO SCHOOL EMPLOYEES, STUDENTS, AND THEIR FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt042146400
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt038000000
IRS990/NetAssetsOrFundBalancesBOYAmt023261909
IRS990/NetAssetsOrFundBalancesEOYAmt024950091
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0490417
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0490417
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02145
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02145
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-731612
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0429284
IRS990/OfficeExpensesGrp/TotalAmt0446910
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01708816
IRS990/OtherAssetsTotalGrp/EOYAmt01798949
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0353347
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1PROCESSING FEES
IRS990/OtherExpensesGrp/Desc2COLLECTION EXPENSE
IRS990/OtherExpensesGrp/Desc3CREDIT BUREAU
IRS990/OtherExpensesGrp/TotalAmt01379050
IRS990/OtherExpensesGrp/TotalAmt1342719
IRS990/OtherExpensesGrp/TotalAmt2111065
IRS990/OtherExpensesGrp/TotalAmt366403
IRS990/OtherLiabilitiesGrp/BOYAmt0168044462
IRS990/OtherLiabilitiesGrp/EOYAmt0146445425
IRS990/OtherSalariesAndWagesGrp/TotalAmt03670029
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0155476785
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0142065540
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0325411
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt055061
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0555223
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0533297
IRS990/PrincipalOfficerNm0CINDY WHITE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012289825
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12570466
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2148739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012289825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12570466
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2148739
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt02158659
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt020244
IRS990/PYInvestmentIncomeAmt02118314
IRS990/PYOtherExpensesAmt06920326
IRS990/PYOtherRevenueAmt0-186
IRS990/PYProgramServiceRevenueAmt015768887
IRS990/PYRevenuesLessExpensesAmt03003142
IRS990/PYSalariesCompEmpBnftPaidAmt05784644
IRS990/PYTotalExpensesAmt014883873
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017887015
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt04346
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt034204
IRS990/ReconcilationRevenueExpnssAmt02419794
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt02145
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016841427
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt023261909
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt024950091
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09514607
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02223677
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011738284
IRS990ScheduleD/EquipmentGrp/BookValueAmt0242677
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01005302
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01247979
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt02329083
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02329083
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02500
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt020612
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt023112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0146093590
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1146234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2157409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt348192
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN PROCEEDS DISBURSEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TOTAL CLEARING ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3RESERVE FOR UNFUNDED COMMITMENTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01139078
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11710000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt243841791
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt350000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt433000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt51449208
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CATALYST CORP CU
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FEDERAL HOME LOAN BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MBO SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc3SERVICE CENTER CU
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CUSO - INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc5NCUA SHARE INSURANCE FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OECU collects funds when a mortgage payment is made and these funds are held in an escrow account. These funds are later disbursed to pay a member's insurance premiums and real estate taxes. The 2024 balance is $225,838. OECU collected funds to purchase backpacks and school supplies to be donated to students in the community. The 2024 balance is $3,148.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012088867
IRS990ScheduleD/TotalBookValueSecuritiesAmt048223077
IRS990ScheduleD/TotalLiabilityAmt0146445425
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt011896
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TEACHER GRANT PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990ScheduleI/RecipientTable/CashGrantAmt04460
IRS990ScheduleI/RecipientTable/CashGrantAmt1278
IRS990ScheduleI/RecipientTable/CashGrantAmt2360
IRS990ScheduleI/RecipientTable/CashGrantAmt3500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Helps women achieve self sufficiency by providing professional clothing and career development services.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Donation to Sugar and Spurs Event to raise funding for research and treatment of pediatric illnesses.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Location supported by all credit unions in the area and is utilized for events, training, conferences, and meetings.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Donation to Caring for Community Event to raise funding for charitable and civic-oriented functions.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SUITED FOR SUCCESS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1OKLAHOMA'S CREDIT UNION - SUGAR & SPURS EVENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CREDIT UNION HOUSE OF OKLAHOMA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3MECU CARING FOR COMMUNITY FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0731466393
IRS990ScheduleI/RecipientTable/RecipientEIN1991090095
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07300 NW 23RD STREET SUITE 220
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13001 N LINCOLN BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2631 E HILL STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt38812 S WALKER AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BETHANY
IRS990ScheduleI/RecipientTable/USAddress/CityNm1OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm3OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$211,325,265
Liabilities
$186,375,174
Net assets
$24,950,091
Revenue
$17,333,989
Expenses
$14,914,195
Net income
$2,419,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$211$186$25.0$17.3$14.9$2.42
2023Detailed filing. Detailed filing data is available for this year.$235$212$23.3$17.9$14.9$3.00
2022Detailed filing. Detailed filing data is available for this year.$254$233$20.7$17.8$14.8$3.00
2021Detailed filing. Detailed filing data is available for this year.$242$219$22.7$16.4$13.3$3.06
2020Detailed filing. Detailed filing data is available for this year.$216$195$20.7$15.3$13.1$2.20
2019Detailed filing. Detailed filing data is available for this year.$167$149$17.6$14.0$12.0$2.00
2018Detailed filing. Detailed filing data is available for this year.$156$141$14.8$11.4$9.72$1.70
2017Detailed filing. Detailed filing data is available for this year.$144$131$13.3$9.49$7.74$1.75
2016Detailed filing. Detailed filing data is available for this year.$132$120$11.5$7.53$6.28$1.25
2015Detailed filing. Detailed filing data is available for this year.$120$110$10.5$6.69$5.24$1.45
2014Detailed filing. Detailed filing data is available for this year.$114$105$9.01$5.27$4.16$1.11
2013Detailed filing. Detailed filing data is available for this year.$110$103$7.04$3.78$3.66$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$98.4$7.71$3.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$94.0$7.73$4.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$100$93.4$7.03$4.86