CSCharityScored
84

1388 Genfed Financial Credit Union

Other · Akron, Ohio

2492 Wedgewood Dr Ste G, Akron, OH 44312-2422

EIN: 340729554· Founded: Apr 1969· 57 years active· Filing Year: 2023

Annual Revenue

$17.8M

Total Expenses

$14.3M

Total Assets

$310.4M

Program Spending

111%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.5M

10.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.3M

Total Payroll

$4.8M

34% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 34%
Other overhead: -11%
Program Revenue$15.9M (89%)
Total Expenses$14.3M (80%)
Payroll$4.8M (34%)
Overhead (non-program)-11%

Trust Score Breakdown

Program Spending Ratio

111% of expenses go to programs

40%

Revenue & Stability

$17.8M annual revenue

15%

Executive Compensation

$1.5M total officer comp (10.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$310.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.