Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1943.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
16 people listed on the 990; $1.5M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Eugenia Wilson | $476,445 | $447,789 | $2,037,516 | $1,004,410 | $680,556 |
| Shelli Schroeder | $239,041 | $217,654 | $207,777 | $199,371 | $181,127 |
| William Jolin | $187,463 | $177,765 | $167,998 | $158,525 | $141,889 |
| Brad Scheidt | — | — | — | $156,565 | $186,045 |
| Katrina Morton | $160,217 | $151,838 | $131,796 | — | — |
| Joyce White | $151,161 | $143,659 | — | — | — |
| Jeremy Lippiatt | $145,415 | $136,491 | $135,420 | $137,537 | — |
| Allen Coffer | $142,860 | $120,653 | $102,389 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Improves lives for employees, members, and communities.
Questions for Oklahoma Central Credit Union
Your first name shows with your question. Oklahoma Central Credit Union answers here, for everyone.
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Promote savings and provide financial services to MEMBER/OWNERS - overall deposit balances grew in 2020 by $75.4m or 15.1% over the previous year. Some of the savings category changes during the year were: savings at $36.7m (23.7%); regular certificates at $1.9m (2.6%); checking at $28.8m (28.1%), and money market at $8.6m (15.1%).
Community Involvement
Oklahoma central credit union continues to support and be active in the communities we serve. In 2020, oklahoma central sponsored or was involved in the FOLLOWING:1) credit union youth month encouraging youth to set goals and plan for their financial futures through youth savings ACCOUNTS.2) contributed $25k to the oklahoma central…
Provide Enhanced Access to Credit at Reasonable Rates
The credit union uses a prudent lending philosophy to offer various loan products at a low cost for members to finance their homes, automobiles, boats, college expenses, etc. During 2020, the credit union approved 5,275 loan requests for over $148.6m. A total of 357 real estate loans were approved with a dollar amount of $38.3m.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $29.2M | $34.0M |
| InvestmentsLn 11–13 | $182.8M | $258.0M |
| Land, buildings, equipmentLn 10c | $20.2M | $21.1M |
| Total assetsLn 16 | $580.5M | $662.3M |
| LiabilitiesLn 26 | $503.7M | $578.7M |
| Net assetsLn 32 | $76.8M | $83.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $25K | |||
| Benefits paid to or for membersLn 4 | $3.3M | |||
| Pay of current officers, directors and key staffLn 5 | $1.3M | |||
| Other salaries and wagesLn 7 | $6.4M | |||
| Pension plan contributionsLn 8 | $299K | |||
| Other employee benefitsLn 9 | $1.1M | |||
| Payroll taxesLn 10 | $489K | |||
| Legal feesLn 11b | $50K | |||
| Accounting feesLn 11c | $167K | |||
| Other fees for servicesLn 11g | $336K | |||
| Advertising and promotionLn 12 | $844K | |||
| Office expensesLn 13 | $2.5M | |||
| Information technologyLn 14 | $2.2M | |||
| OccupancyLn 16 | $2.1M | |||
| Conferences, conventions and meetingsLn 19 | $36K | |||
| Depreciation, depletion and amortizationLn 22 | $993K | |||
| Other expenses (24a–d)Ln 24 | $2.3M | |||
| All other expensesLn 24e | $488K | |||
| Total functional expensesLn 25 | $25.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $38.2M | $33.1M | $5.1M | $81.1M | 990 PDF |
| FY2023 | $34.9M | $28.0M | $6.9M | $74.4M | 990 PDF |
| FY2022 | $26.6M | $22.8M | $3.8M | $62.8M | 990 PDF |
| FY2021 | $26.5M | $22.5M | $4.0M | $82.7M | 990 PDF |
| FY2020 Viewing | $28.3M | $25.0M | $3.3M | $83.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $28,267,614 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, no flags
Part VIII · Statement of revenue $28,267,614 across 5 lines filed
Part IX · Statement of functional expenses $24,975,455 across 18 lines filed
Part X · Balance sheet $662,316,829 assets, 12 lines filed
Part XI · Reconciliation of net assets $83,642,185 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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