NonprofitsCredit Union Chartered In The State Of Michigan

Credit Union Chartered In The State Of Michigan

GRAND RAPIDS, MI

Total revenue

$4.2M

Total expenses

$3.8M

Net assets

$8.1M

Grants received

EIN

381598795

Tax year

2024

Mission

To provide financial services to member owners with a common bond.

Programs

2 programs

Provide 3,141 loans including home equity, share secured, first mortgage, credit card, unsecured, new and used vehicle, recreational vehicles, and line of credit. Total loan balances approximated $43,700,000 as of december 31, 2024.

Offer atm and debit cards, shared branching, money orders, bill pay, check cashing, wire transfers, bilingual services and insurance products.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.6M
Investment income$563K
Other revenue
Total revenue$4.2M

Expenses

Grants paid$2K
Salaries & benefits$1.4M
Fundraising
Other expenses$2.4M
Total expenses$3.8M
Total assets$71.5M
Net assets$8.1M

People

10 listed

NameRoleCompensation

KRISTEN PLICHTA

PRESIDENT/CEO

Board

$142K

60 hrs/wk

TRACY ELMORABETI

VP OF ACCOUNTING

Board

$91K

45 hrs/wk

VICKI SEIDL

TREASURER

Board

1 hrs/wk

KRISTIAN DANIEL

SECRETARY

Board

1 hrs/wk

DANIEL KENT

DIRECTOR

Board

1 hrs/wk

JON DENHOF

CHAIRPERSON

Board

1 hrs/wk

AL JANO

DIRECTOR

Board

1 hrs/wk

DANIEL KENDALL

DIRECTOR

Board

1 hrs/wk

ESTEBAN CAMARGO

DIRECTOR

Board

1 hrs/wk

ELIZABETH WINNINGER

VICE CHAIRPERSON

Board

1 hrs/wk

Independent contractors

CUANSWERS

DATA PROCESSING

$283K

VELERA COMMUNICATIONS(FKA CU COOPERATIVE

ATM/DEBIT NETWORK PROCESSING

$193K

Details

EIN381598795
Subsection14
Ruling date1956-10
Formed1956
Employees31
Volunteers7
CREDIT UNION CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo