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ASHLAND CREDIT UNION

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Public IRS 990 nonprofit record

ASHLAND CREDIT UNION

EIN 61-6024972 · Telecommunications (W50)

What they do

THE PRIMARY FUNCTION of THE CREDIT UNION is to PROVIDE LOANS to ITS MEMBERS.

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 2024The 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

$96.03spent for every $100 of revenueRevenue covered expenses this year.
$16.29in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  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 $355,066 for LARRY J LUCAS (PRESIDENT). 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 2024

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$25,824,455
Expenses$24,800,290
Annual surplus $1,024,165 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$25,824,455
Expenses$24,800,290
Assets$404,109,117
Income$25,824,455
Accounting fees$99,732
People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation
LARRY J LUCASPRESIDENT · 40 hrs/week $355,066

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)

LARRY J LUCASPRESIDENT

JOSEPH F HSUDIRECTOR

KERRY TAGUEDIRECTOR

KIRBIE HUNLEYDIRECTOR

LESLIE A NOELVICE CHAIRMA

MARITA H WERNERCHAIRMAN

MATTHEW K SPENCETREASURER

MICHAEL MORRISONDIRECTOR

MICHAEL A GARLINGERSECRETARY

MICHAEL G SCHIFSKYDIRECTOR

TOM DEARINGDIRECTOR

TONY BURGEDIRECTOR

About this charity

Recognized since
January 1945
Location
305 MARTIN LUTHER KING JR BLVD, ASHLAND, KY 41101
County
Boyd
In care of
LARRY J LUCAS
Primary officer
LARRY J LUCAS, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
THE FYFFE JONES GROUP AC
NTEE classification
Telecommunications (W50)
IRS tax category
Telecommunications

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

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