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MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION

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Public IRS 990 nonprofit record

MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION

EIN 59-1319114 · Credit Unions (W61)

What they do

THE OBJECTIVE and PURPOSE of THIS CREDIT UNION is A COOPERATIVE NONPROFIT ASSOCIATION ORGANIZED UNDER THE LAWS of THE STATE of FLORIDA, for THE PURPOSES of ENCOURAGING THRIFT AMONG ITS MEMBERS, CREATING SOURCES of CREDIT AT FAIR and REASONABLE RATES of INTEREST, and PROVIDING AN OPPORTUNITY for ITS MEMBERS to USE and CONTROL THEIR RESOURCES ON A DEMOCRATIC BASIS to IMPROVE THEIR ECONOMIC and SOCIAL CONDITION.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$94.32spent for every $100 of revenueRevenue covered expenses this year.
$22.12in assets for every $1 spent this yearSome assets cannot be spent right away.
0.1%of its money came from giftsOther money may come from services or investments.

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  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $681,735 for GEORGE GLASSER (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$4,449,265
Expenses$4,196,379
Annual surplus $252,886 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$4,449,265
Expenses$4,196,379
Assets$92,835,598
Income$7,930,535
Contributions$5,000
Grants given$5,700
Average grant$5,700
Stocks and bonds$33,387,317
Accounting fees$163,154
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
GEORGE GLASSERCEO · 40 hrs/week $681,735Base $519,215 · Other $162,520
OSCAR SANCHEZSVP LENDING · 40 hrs/week $180,014Base $158,895 · Other $21,119
COLLEEN JONESVP OF COMPLIANCE · 40 hrs/week $120,345Base $105,101 · Other $15,244
ELLEN HOUSMANCFO · 40 hrs/week $80,998Base $77,574 · Other $3,424

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

GEORGE GLASSERCEO

OSCAR SANCHEZSVP LENDING

COLLEEN JONESVP OF COMPLIANCE

ELLEN HOUSMANCFO

DENISE DICESAREDIRECTOR

DIONNE BLACKWOODCHAIRPERSON

ED WERNERSECRETARY

JUDY FRUMDIRECTOR

MARCIA BARTON-RADLIENDIRECTOR

MARGIE VARGASDIRECTOR

WALTER BUSSELLTREASURER

WILLIAM EDELSTEINVICE CHAIRPERSON

About this charity

Recognized since
January 2025
Location
703 N FLAMINGO RD, PEMBROKE PNES, FL 33028-1006
County
Broward
In care of
GEORGE GLASSER
Primary officer
GEORGE GLASSER, CEO

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
DOEREN MAYHEW
NTEE classification
Credit Unions (W61)
IRS tax category
Credit Unions
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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