NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

GRAND RAPIDS, MI

Total revenue

$11.9M

Total expenses

$9.6M

Net assets

$45.4M

Grants received

EIN

380299643

Tax year

2024

Mission

Provide financial services and products to members

Programs

1 program

The credit union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/24 was 8,205.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$10.0M
Investment income$1.9M
Other revenue
Total revenue$11.9M

Expenses

Grants paid
Salaries & benefits$3.3M
Fundraising
Other expenses$6.3M
Total expenses$9.6M
Total assets$194.9M
Net assets$45.4M

People

10 listed

NameRoleCompensation

BRIAN TURMELL

CEO

Board

$214K

40 hrs/wk

TIM KAMPHUIS

CFO

Board

$121K

40 hrs/wk

VELVER FULLER

Vice President

Board

$114K

40 hrs/wk

THANE BARDEN

Chairman

Board

1 hrs/wk

KENNETH HOWE

Director

Board

1 hrs/wk

DAVE KREMM

Treasurer

Board

1 hrs/wk

DENNIS ZIOMKOWSKY

Secretary

Board

1 hrs/wk

GORDON JELTEMA

Director

Board

1 hrs/wk

JIM ONDERSMA

Director

Board

1 hrs/wk

RUSS HOWER

Director

Board

1 hrs/wk

Independent contractors

FIS

CARD PROVIDER

$666K

CUANSWERS

DATA PROCESSING/ CORE

$438K

PRIORITY HEALTH

HEALTH INSURANCE

$432K

REDROCK

IT SERVICES

$193K

Details

EIN380299643
Subsection14
Ruling date1956-10
Formed1937
Employees55
Volunteers7
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo