NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

LATHRUP VLG, MI

Total revenue

$136.4M

Total expenses

$119.5M

Net assets

$198.6M

Grants received

EIN

380481580

Tax year

2024

Mission

To be the only financial institution for our members.

Programs

2 programs

Originated $142 million in consumer loans during 2024.

Served nearly 166,000 members with aggregate deposit accounts that approximated $1.1 billion as of december 31, 2024.

Financials

FY 2024

Revenue

Contributions & grants$4.0M
Program service revenue$92.7M
Investment income$10.8M
Other revenue$28.9M
Total revenue$136.4M

Expenses

Grants paid$133K
Salaries & benefits$45.6M
Fundraising
Other expenses$73.8M
Total expenses$119.5M
Total assets$1.5B
Net assets$198.6M

People

25 listed

NameRoleCompensation

JENNIFER BOROWY

CHIEF EXECUTIVE OFFICER

Board

$673K

50 hrs/wk

JENNIFER GLENFIELD

CHIEF MARKETING OFFICER

Board

$325K

50 hrs/wk

JANET BARDEN

CHIEF FINANCIAL OFFICER

Board

$316K

50 hrs/wk

DELONAKA EDWARDS

CHIEF OPERATIONS OFFICER

Board

$286K

50 hrs/wk

LARRY FREEMAN

DIRECTOR

Board

1 hrs/wk

JALEN JENNINGS

DIRECTOR

Board

1 hrs/wk

INES DE JESUS

DIRECTOR

Board

1 hrs/wk

DONNA VANDERVRIES

DIRECTOR

Board

1 hrs/wk

DANDRIDGE FLOYD

TREASURER

Board

1 hrs/wk

NADINE TIBBS-STALLWORTH

SECRETARY

Board

1 hrs/wk

DAVID TURNER

DIRECTOR

Board

1 hrs/wk

DEIRDRE SCOTT

VICE CHAIRPERSON

Board

1 hrs/wk

LINDA HEIGHT

CHAIRPERSON

Board

1 hrs/wk

SUSAN POSTEMSKI

CHIEF DATA ANALYTICS OFFIC

Staff

$695K

50 hrs/wk

DANIEL SUGG

CHIEF MORTGAGE OFFICER

Staff

$494K

50 hrs/wk

MATTHEW WEST

MORTGAGE LOAN OFFICER

Staff

$365K

40 hrs/wk

GERALD BETTENS

CHIEF INFORMATION OFFICER

Staff

$361K

50 hrs/wk

PATRICIA JONES

CHIEF HUMAN RESOURCES OFFI

Staff

$357K

50 hrs/wk

JEFF FITRZYK

CHIEF LENDING OFFICER

Staff

$321K

50 hrs/wk

DIEGO ARTEAGA ARCILA

MORTGAGE LOAN OFFICER

Staff

$263K

40 hrs/wk

BRIAN MCCOWN

AVP, MORTGAGE OPERATIONS

Staff

$245K

45 hrs/wk

LARRY RICE

SR. DIRECTOR OF IT SERVICE DEL

Staff

$243K

45 hrs/wk

ANDREW TOWNE

MORTGAGE LOAN OFFICER

Staff

$193K

45 hrs/wk

DONGCHAN VU

SR SOFTWARE ENGINEERING MANAGER

Staff

$193K

45 hrs/wk

CLIFFORD MURRAY

AVP, PAYMENT SOLUTIONS

Staff

$165K

45 hrs/wk

Independent contractors

ETKIN

BLDG MAINTENANCE/ PROPERTY MANAGEMENT

$2.5M

ALIMAR SECURITY INC

SECURITY GUARDS AT BRANCHES

$1.6M

TRACE3

PHONE & NETOWRK SUPPORT AND LICENSING

$1.5M

DIEBOLD NIXDORF INC

ATM MACHINES

$1.1M

CONTINENTAL SERVICES

CATERING & FOOD SERVICES

$971K

Details

EIN380481580
Subsection14
Ruling date1956-10
Formed1926
Employees616
Volunteers12
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo