Memorial Employees Financial
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.
Memorial Employees Financial at a glance
In short: Memorial Employees Financial gave $6K across 1 grant in 2025 (avg $6K), mostly in Florida. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $5,700
- -8.1% vs 2024
- Grants made (2025)
- 1
- Average grant
- $5,700
- Median grant
- $5,700
- Total assets
- $92,835,598
- +4.3% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Memorial Employees Financial funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Joe Dimaggio Children's Hospital Foundation Inc ($6K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $6K (2025) to $6K (2024). In 2025 it made 1 grant totaling $6K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Joe Dimaggio Children's Hospital Foundation Inc Hollywood, FL | To improve the health of the community it serves by funding programs, services, and capital projects that enhance the hospital's ability to treat complex pediatric conditions | $5,700 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $92,835,598 | $4,449,265 | $4,196,379 | $5,700 | 1 | $1,105,570 |
| 2024 | $89,035,102 | $4,301,042 | $4,077,888 | $6,200 | Total only | $963,952 |
| 2023 | $89,416,526 | $2,998,863 | $2,494,018 | — | — | $621,293 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Memorial Employees Financial
Based on IRS filings
Memorial Employees Financial is a public charity focused on public and societal benefit, based in Hollywood, FL. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $92.8M in total assets. In 2025, it awarded 1 grant totaling $6K. Net investment income was $1.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Memorial Employees Financial is led by George Glasser, CEO since 2024 (on filings since 2023); 4 of 12 officers listed in 2025 are compensated.
Officers on the 2025 filing
George Glasser
CEO
Board Member & Mefcu CEO → CEO, 2024
On filings since 2023
40 hrs/week
$203K (2023) → $519K (2025)
Dionne Blackwood
Chairperson
Board Vice Chairperson → Chairperson, 2024
On filings since 2023
5 hrs/week
No compensation reported
Denise Dicesare
Director
On filings since 2024
5 hrs/week
No compensation reported
Judy Frum
Director
On filings since 2024
5 hrs/week
No compensation reported
Marcia Barton-Radlien
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Margie Vargas
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Colleen Jones
Vice President of Compliance
Mefcu Vice President → Vice President of Compliance, 2024
On filings since 2023
40 hrs/week
$75K (2023) → $105K (2025)
Ellen Housman
CFO
Mefcu CFO → CFO, 2024
On filings since 2023
40 hrs/week
$103K (2023) → $78K (2025)
Oscar Sanchez
Senior Vice President Lending
Mefcu Senior Vice President Lending → Senior Vice President Lending, 2024
On filings since 2023
40 hrs/week
$79K (2023) → $159K (2025)
Walter Bussell
Treasurer
Board Treasurer → Treasurer, 2024
On filings since 2023
5 hrs/week
No compensation reported
William Edelstein
Vice Chairperson
Board Secretary → Vice Chairperson, 2024
On filings since 2023
5 hrs/week
No compensation reported
Ed Werner
Secretary
On filings since 2024
5 hrs/week
No compensation reported
Former officers (5)
- Former: Deborah Lessard (2023–2024) — Director
- Former: Leslie Scott Singer (2023–2024) — Director
- Former: William Wheatley (2023–2024) — Director
- Former: Denise Innes (2023) — Board Member
- Former: Edward Werner (2023) — Board Member
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $519K, to George Glasser (CEO). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Memorial Employees Financial
How much does Memorial Employees Financial give each year?
Memorial Employees Financial gave $6K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $6K in grants paid.
How large is Memorial Employees Financial?
Memorial Employees Financial reported $92.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.4M.
What is Memorial Employees Financial?
Memorial Employees Financial is a public charity focused on public and societal benefit, based in Hollywood, FL. It holds $92.8M in total assets as of 2025.
Where does Memorial Employees Financial operate?
Memorial Employees Financial has awarded grants in Florida.
What is Memorial Employees Financial's EIN?
Memorial Employees Financial's EIN (Employer Identification Number) is 59-1319114. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS October 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 26, 2026)
Live grants for the work Memorial Employees Financial funds
Public, Societal Benefit Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Memorial Employees Financial's focus areas in our free grants database
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