2024-05-03T09:17:22-07:00 2023-12-31 311364689 Schmidt & Associates P O Box 2588 Columbus OH 43216 990 2023-01-01 310842279 1246 GENESIS EMPLOYEES CREDIT UNION 1246 7404544603 860 Bethesda Drive Zanesville OH 43701 Michael King Chief Executive Officer 7404544603 2024-05-03 1 Michael King 999009999 1 Melissa Schmidt P01607816 6145291640 2023-02-03 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Michael King 860 Bethesda Drive Zanesville OH 43701 1170900 0 X genesisecu.com X 1972 OH Genesis Employees Credit Union, Inc. is a financial institution cooperative organized to provide loan and deposit products and services for its member owners. 13 13 5 13 5196 0 0 0 684224 912244 88850 258656 0 0 773074 1170900 0 0 0 0 320075 347057 0 0 0 314449 439079 634524 786136 138550 384764 19819151 19228127 17703535 16750268 2115616 2477859 To be a growing, secure and primary financial institution for our members through our dedication to customer service and the diversity of our financial products. 0 0 678629 0 1165704 The organization is a state chartered member owned cooperative credit union that provides financial products and services to the member owners. 0 0 0 678629 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 885 0 1 5 1 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X Michael King 7404544603 860 Bethesda Drive Zanesville OH 43701 Michael King Chief Executive Officer 40 0 X X 83923 0 29400 Shane Jenkins President of Board 1 0 X 0 0 0 Laura Kelso Vice President of Board 1 0 X 0 0 0 Judy Pyle Treasurer of Board 1 0 X 0 0 0 Janet Lynn Secretary of Board 1 0 X 0 0 0 Kathy Brock Director 1 0 X 0 0 0 Nancy Ring Director 1 0 X 0 0 0 Linda Mitchell Director 1 0 X 0 0 0 Eric King Director 1 0 X 0 0 0 Nicholas Rine Director 1 0 X 0 0 0 Jennifer Larimer Director 1 0 X 0 0 0 Patrick Simpson Director 1 0 X 0 0 0 Marion Lazar Director 1 0 X 0 0 0 William Shirer Director 1 0 X 0 0 0 83923 0 29400 0 0 0 0 0 0 Interest on loans to members 522130 721255 721255 0 0 Fees to members 522130 185793 185793 0 0 ATM surcharges to nonmembers 522130 5196 0 5196 0 0 0 0 0 912244 258656 258656 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1170900 1165704 5196 0 0 0 0 0 0 0 0 0 83923 41961 41962 0 0 0 0 0 182753 154888 27865 0 12623 9318 3305 0 47357 34957 12400 0 20401 15059 5342 0 6951 6951 0 0 1148 1148 0 0 22564 10838 11726 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8368 8368 0 0 17930 17930 0 0 35190 35190 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4023 4023 0 0 86849 86849 0 0 0 0 0 0 11652 11652 0 0 10789 10789 0 0 Share servicing (ATM, debit, draft) 144959 144959 0 0 Loan servicing (dealer fees, collection) 80638 80638 0 0 Regulators 4907 0 4907 0 3111 3111 0 0 786136 678629 107507 0 189411 173385 4366445 2283994 0 0 0 0 0 0 0 0 10401466 13071851 0 0 113003 138603 223342 206450 1541 16892 0 0 0 0 4518192 3313104 0 0 229093 230298 19819151 19228127 65840 70143 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17637695 16680125 17703535 16750268 X 0 0 0 0 2115616 2477859 2115616 2477859 19819151 19228127 X 384764 0 0 0 0 -22521 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 223342 206450 16892 0 0 0 0 16892 Insured certificates of deposit 3120000 C Ownership in corporate credit union 173192 C Ownership in Payment Services for Credit Unions 19912 C 3313104 0 Members share savings 13671016 Members draft checking 1246873 Members share certificates 1762236 16680125 Exempt - credit union Director X 1 1 0 1 1 1 Form 990, Part VI, Section A, Line 6 All credit unions by charter are member owned. Form 990, Part VI, Section A, Line 7a All of the governing body is elected by the membership. Form 990, Part VI, Section B, Line 11b The 990 is reviewed by management and the Board of Directors prior to submission. Form 990, Part VI, Section B, Line 12c The conflict of interest policy is reviewed by the employees and the Board of Directors annually. Form 990, Part VI, Section B, Line 15 Compensation of key employees is approved by the Board of Directors. Independent compensation surveys are utilized as a tool in setting compensation levels. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial documents are made available upon request. Form 990, Part XI, Line 9 Other changes in net fund balances was the result in a change of accounting policies to adopt FASB Accounting Standards Update 2019-10 Topic 326 Financial Instruments - Credit Losses utilizing the Current Expected Credit Losses methodology.