Edison Credit Union

Edison Credit Union is a U.S. nonprofit organization, registered as a 501(c)(14) entity under the Employer Identification Number (EIN) 440663838. It functions as a state-chartered credit union, providing financial services to its members.

Mission

As a member-owned financial institution, Edison Credit Union is committed to serving the financial needs of its qualified members. The organization's primary focus is on offering a range of financial services tailored to its membership.

Financial Overview

Edison Credit Union's financial activities are centered around program services and investment income. In recent years, program services have constituted the majority of its revenue, while investment income has also played a significant role.

• Revenue Sources:
  • Program Services: These have consistently been the largest source of revenue, contributing significantly to the total income.
  • Investment Income: This forms a notable portion of the total revenue, highlighting the organization's efforts to generate income through investments.
  • Royalties: Though a smaller component, royalties also contribute to the overall revenue.

Expenses

Expenses for Edison Credit Union include executive compensation and other salaries and wages. These have been significant components of its total expenses.

Assets

In previous years, Edison Credit Union reported substantial total assets, reflecting its financial strength and capacity to provide services to its members.

Governance

As of the latest available data, there is no recorded information on the specific board members governing the organization.

Overall, Edison Credit Union functions as a financial cooperative, dedicated to the financial well-being of its members. It is not currently listed in the IRS's most recent list of tax-exempt organizations, but financial data associated with its EIN is available.