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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations 164 Firstenergy Family Credit Union

164 Firstenergy Family Credit Union

Fiscal year ending 2024. Filed on October 31, 2025.

575 White Pond Dr Suite E
Suite E
Akron, Ohio 44320

164 Firstenergy Family Credit Union (EIN: 34-0058415) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, 164 Firstenergy Family Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 2 out of 6 total employees. Among the employees shown here, the average compensation is $183,664. The highest compensated employee at 164 Firstenergy Family Credit Union is Timothy Baker with fiscal year 2024 compensation of $184,352.

Revenue, expenses, and employee compensation

Revenue

$2,069,774

Expenses

$1,684,958

Employee compensation

$733,795
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy Baker
Chief Executive Officer and Treasurer
$184,352
$184,352 No related compNo other comp
Kevin J Daum
Chief Operating Officer
$182,976
$182,976 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Amy Patterson
Director
Christie Phillips
Director
Erik Gegick
Vice President
Joseph Gier
Director
Joseph Storsin
Director
Lou Ellen Kirkendall
Secretary
Michael Newkirk
Director
William Shonk
President

Mission Statement

TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO IT'S QUALIFYING MEMBERS AT TERMS USUALLY BETTER THAN AVAILABLE IN THE MARKETPLACE. WITH A HEAVY EMPHASIS ON MEMBER SERVICE THAT RECONIZES THAT THE MEMBERS ARE THE OWNERS OF THE CREDIT UNION AND NOT JUST CUSTOMERS. DIRECT LABOR AND EMPLOYEE BENEFITS COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVING THE LOAN PORTFOLIO FOR MEMBERS.

Revisions to this organization profile

October 31, 2025:
2024 164 Firstenergy Family Credit Union 990 filed
April 26, 2024:
2023 164 Firstenergy Family Credit Union 990 filed
July 31, 2023:
2022 164 Firstenergy Family Credit Union 990 filed

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