EIN 23-1320654

Diamond Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
229
Year formed
1947
Most recent tax filings
2023-12-01
Description
The purpose of this Credit Union is to promote thrift among its members by affording them an opportunity to accumulate their savings, and to create for them a source of Credit for provident or productive purposes.
Related structure
Diamond Credit Union is child organization, under the parent exemption from American Federation of State County and Municipal Employees.
Also known as...
American Federation of State County and Municipal Employees
Total revenues
$57,604,066
2023
Total expenses
$49,767,908
2023
Total assets
$974,020,333
2023
Num. employees
229
2023

Program areas at Diamond Credit Union

Credit unions are cooperative savings and Credit associations incorporated for the purpose of promoting thrift among its 66,305 members, creating a source of Credit for such members at reasonable rates of interest and providing an opportunity for its members to use and control their own money on a democratic basis in order to improve their economic and social conditions.

Grants made by Diamond Credit Union

GranteeGrant descriptionAmount
Diamond Charitable FoundationCosts of Professional Services$25,721

Personnel at Diamond Credit Union

NameTitleCompensation
Rick PatelPresident and Chief Executive Officer$480,035
Jennifer McKeeSenior Vice President and Chief Operations Officer and in - House Legal$254,989
Barbara MitchellVice President and Chief Financial Officer$263,484
Todd RothenbergerSenior Vice President and Chief Marketing Officer / Senior Vice President and Chief Marketing and Retail Delivery Officer$436,410
James DalyVice President and Chief Information Officer$251,825
...and 2 more key personnel

Financials for Diamond Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$38,513,087
Investment income and dividends$7,095,472
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$119,214
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,876,293
Total revenues$57,604,066

Form 990s for Diamond Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-23990View PDF
...and 10 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 4 new vendors, including , , , and
July 5, 2023
Updated personnel
Identified 1 new personnel
July 5, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
UnionsCredit unionsChapter / child organizations
Issues
Human servicesJobs and employment
Characteristics
No characteristics found
General information
Address
1600 Medical Dr
Pottstown, PA 19464
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Montgomery County, PA
Website URL
diamondcu.org/ 
Phone
(800) 593-1000
IRS details
EIN
23-1320654
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
J40: Labor unions, organizations
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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