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Ohio · Nonprofit

138 TOWPATH CREDIT UNION INC

138 TOWPATH CREDIT UNION INC (Ohio) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being OHIO CREDIT UNION FOUNDATION ($10,000). 0 of them have funded it in more than one year.

Revenue FY2024
$14M
Funders on record
1
Grants received
$10k
Net assets
$21M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What 138 Towpath Credit Union Inc does

Mission

Towpath Credit Union proudly serves its qualified members with secure, competitive financial products and services that strengthen our community. Mission Statement - Towpath Credit Union's mission is to pave pathways to modern financials opportunities that uplift the community.

As stated on its FY2024 Form 990.

Programs

  1. Member Loans - Towpath Credit Union is committed to providing members with financial flexibility and stability through a variety of loan options. These include automobile loans, share-secured loans, unsecured loans, business participation loans, mortgage loans, real estate loans, personal loans, credit cards, and several other lending products designed to meet diverse financial needs. At year-end, the Credit Union had approximately 13,782 loans outstanding.

  2. Depository Accounts - Towpath Credit Union is dedicated to providing members with financial flexibility while encouraging savings through a variety of depository account options. These include checking accounts, savings accounts, money market accounts, share certificates, IRA accounts, holiday accounts, and several other account types designed to support members' financial goals. At year-end, the Credit Union maintained approximately 45,100 depository accounts.

  3. Debit Card Program - Towpath Credit Union is committed to providing members with financial flexibility, security, and convenient access to their funds through its debit card program. This service allows members to easily access their accounts, make purchases, and manage their finances with confidence and ease.

  4. Other program services, not described on the e-filed return.

    $0 spent

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($7.2M) Expenses 100 ($6.4M) Net assets 100 ($16M)2018 Revenue 113 ($8.2M) Expenses 109 ($7.0M) Net assets 107 ($17M)2019 Revenue 113 ($8.2M) Expenses 113 ($7.3M) Net assets 114 ($18M)2020 Revenue 102 ($7.4M) Expenses 110 ($7.0M) Net assets 116 ($18M)2021 Revenue 108 ($7.8M) Expenses 113 ($7.2M) Net assets 122 ($19M)2022 Revenue 124 ($8.9M) Expenses 131 ($8.4M) Net assets 126 ($20M)2023 Revenue 161 ($12M) Expenses 165 ($11M) Net assets 128 ($20M)2024 Revenue 188 ($14M) Expenses 196 ($13M) Net assets 135 ($21M)
'17'18'19'20'21'22'23'24
Revenue (188)Expenses (196)Net assets (135)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $131M to $155M (+18%).

$127M
$128M
$131M
$155M
$179M
$192M
$198M
$198M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$810k
’17
$1.2M
’18
$948k
’19
$350k
’20
$551k
’21
$516k
’22
$1.0M
’23
$1.0M
’24
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael Sferro

President/CEO

Board chair

Lester Carney

Chairman

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24
Listed8888891112
Joined·+0+0+2+1+1+3+3
No longer listed·0021012
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of 138 TOWPATH CREDIT UNION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of 138 TOWPATH CREDIT UNION INC's grant income comes from Ohio funders.

OH

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like 138 TOWPATH CREDIT UNION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for 138 TOWPATH CREDIT UNION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds 138 TOWPATH CREDIT UNION INC?
138 TOWPATH CREDIT UNION INC (Ohio) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being OHIO CREDIT UNION FOUNDATION ($10,000). 0 of them have funded it in more than one year.
How many funders does 138 TOWPATH CREDIT UNION INC have?
IRS filings report 1 organization giving $10,000 in grants to 138 TOWPATH CREDIT UNION INC.
Who is the largest funder of 138 TOWPATH CREDIT UNION INC?
OHIO CREDIT UNION FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like 138 TOWPATH CREDIT UNION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds 138 Towpath Credit Union →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing