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.
Key facts about Memorial Employees Financial
In short: Memorial Employees Financial gave $6K across 1 grant in 2025 (avg $6K), mostly in Florida. Source: 2025 IRS Form 990.
- EIN
- 59-1319114
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $5,700
- Grants made (2025)
- 1
- Average grant
- $5,700
- Median grant
- $5,700
- Total assets
- $92,835,598
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$92.8M
+4.3% YoY
Annual Giving
$6K
-8.1% YoY
Grant Count
1
Avg Grant Size
$6K
About Memorial Employees Financial
Based on IRS filings
Memorial Employees Financial is a nonprofit organization focused on Public, 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
Ready to take the next step with Memorial Employees Financial?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $92,835,598 | $89,035,102 | $89,416,526 |
| Revenue | $4,449,265 | $4,301,042 | $2,998,863 |
| Expenses | $4,196,379 | $4,077,888 | $2,494,018 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,105,570 | $963,952 | $621,293 |
| Distributable Amount | — | — | — |
Data update history
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)
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
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 nonprofit organization focused on Public, 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.
Here's the math on researching Memorial Employees Financial by hand.
Explore Open Grants
Browse active grant opportunities in Memorial Employees Financial's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Publix Super Markets Charities Inc
Lakeland, FL
Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for
Jacksonville, FL
The Community Foundation for Northeast Florida supports neighborhood strengthening, nonprofit capacity, education, aging adults, the arts, women and girls, young children, and early literacy, primarily in Baker, Clay, Duval, Nassau, St. Johns, and Putnam counties. Its 2024 median grant was $5,000; Program Support grants are available up to $25,000. It accepts applications for competitive grant programs, while donor-advised grants do not accept applications.
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
The Miami Foundation Inc
Miami, FL
The Miami Foundation funds nonprofits working on Greater Miami community priorities, including youth and families, economic opportunity, arts, health, equity, and climate resilience. Its 2023 grants had a median award of $21,585, though amounts vary widely; its grantmaking is focused on Miami-Dade County.
Assets
$525.0M
Grants
879
Total Given
$57.2M
Community Foundation of Tampa Bay Inc
Tampa, FL
The Community Foundation of Tampa Bay funds nonprofits addressing economic opportunity, environmental sustainability, health, education, and community vitality in Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Its annual competitive grants are typically $10,000–$50,000; it also accepts year-round requests for urgent, unforeseen needs of up to $250,000. Apply through the relevant grant opportunity; the profile does not state whether general unsolicited requests are accepted.
Assets
$1.0B
Grants
698
Total Given
$54.3M
Gulf Coast Community Foundation Inc
Venice, FL
Gulf Coast Community Foundation funds arts and culture, civic and economic development, education, the environment, health and human services, and disaster response, with a focus on its Florida service area. Community grants provide up to $25,000 per organization per fiscal year; larger catalytic grants are available, and 2025 grants had a median of $16,251. It accepts unsolicited requests through scheduled Community Grant cycles; catalytic grants start with a letter of inquiry, and initiative grants are by invitation only.
Assets
$533.7M
Grants
651
Total Given
$45.0M
Early Learning Coalition of Broward
Fort Lauderdale, FL
The Early Learning Coalition of Broward funds child care reimbursement and early-learning providers, including programs supporting child care and preschool, primarily in Broward County, Florida. Its 2025 grants ranged from $5,127 to $3,994,863, with a median of $158,921. The profile does not state whether it accepts unsolicited requests.
Assets
$15.9M
Grants
636
Total Given
$152.2M
Leslie L Alexander Foundation Inc
Delray Beach, FL
The Leslie L Alexander Foundation supports animal rescue, education, children’s services, and other charitable work. In 2024, grants ranged from $600 to $1 million, with a median of $35,000; giving was concentrated in Florida and Texas, with awards also made elsewhere. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$291.4M
Grants
622
Total Given
$28.4M
CSX Foundation Inc
Jacksonville, FL
Assets
$9.7M
Grants
607
Total Given
$13.7M
United Way Miami Inc
Miami, FL
United Way Miami funds education, economic mobility, health and wellbeing, and resilient-community programs, with its community focus in Miami-Dade County. Its 2025 grants ranged from $5,082 to $1,693,432, with a median of $18,410; published opportunities include selected awards of up to $153,000. It publishes specific grant opportunities and application details; whether it accepts unsolicited requests is not stated.
Assets
$157.2M
Grants
562
Total Given
$32.6M
The Community Foundation of Sarasota CO
Sarasota, FL
The Community Foundation of Sarasota County funds nonprofits working in areas including human services, education, arts, health, economic stability, animal welfare, and community resilience. Its typical grants are around $10,000–$25,000, with a 2025 median of $18,798, for programs serving Sarasota, Manatee, Charlotte, or DeSoto County. The profile does not state whether it accepts unsolicited requests.
Assets
$518.5M
Grants
540
Total Given
$41.2M
Wayne M Densch Charities Inc
Orlando, FL
Wayne M Densch Charities supports Florida organizations, with 2024 grants focused largely on nursing-home services and also including homeless services. Grants ranged from $25 to $5,770, with a median of $210; it accepts requests through its Application Committee, asking applicants to provide a financial affidavit and explain the grant’s purpose.
Assets
$19.2M
Grants
524
Total Given
$463K
John S and James L Knight Foundation
Miami, FL
Knight funds journalism, arts and culture, community development, and related work on information and economic mobility, primarily in 26 communities where the Knight brothers published newspapers, as well as nationally. In 2024, grants ranged from $2,500 to $5 million, with a median of $85,300. It does not accept unsolicited requests while its Letter of Inquiry process is paused; applicants can check for specific open calls.
Assets
$2.5B
Grants
513
Total Given
$147.7M
More Funders in Florida
Memorial Employees Financial down — hundreds of funders to go?