Public Charity

ONE CREDIT UNION

ONE CREDIT UNION is a Public Charity headquartered in SPRINGFIELD, VT. Financial data from the 2024 filing: $15.4M revenue, $15.7M expenses, $259.2M total assets.

EIN: 036008252 SPRINGFIELD, VT Latest filing: 2024
Total Revenue$15.4M
Total Expenses$15.7M
Total Assets$259.2M
Grant Records0
Filing Years2020–2024

Mission

THE PURPOSE OF THIS CREDIT UNION IS TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSES AT A REASONABLE RATE OF INTEREST, AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT.

Where $100 goes at One Credit Union

How One Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The purpose of this credit union is to promote thrift among its members by affording them an opportunity for accumulating their savings, to create for them a source…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECREATRY/DIRECTOR Benjamin Drugg
CEO Brett A Smith
CFO David Maclean
VICE CHAIR/DIRECTOR Jack Mitchell
CHAIRMAN/BOARD OF DIRECTORS Jeff Taft
DIRECTOR John Padgett

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $15.4M $15.7M $259.2M
2023 $14.1M $13.4M $245.2M
2022 $11.3M $9.5M $246.0M
2021 $9.4M $8.8M $231.1M
2020 $9.3M $8.8M $209.8M

Between 2020 and 2024, reported annual revenue grew from $9.3M to $15.4M (+65%), with total assets most recently reported at $259.2M.

Interactive year-over-year charts and full filing details available with membership.

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