NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

LANSING, MI

Total revenue

$177.5M

Total expenses

$69.5M

Net assets

$213.4M

Grants received

$5K

1 grants

EIN

380893210

Tax year

2024

Mission

Cooperative financial institution - credit union providing loans and savings products and services to members.

Programs

2 programs

Lending products - loan staffing and support services, collection staffing.

Cash operations - 50% branch operations, support services - accounting.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$63.3M
Investment income$10.2M
Other revenue$104.0M
Total revenue$177.5M

Expenses

Grants paid$5.5M
Salaries & benefits$20.3M
Fundraising
Other expenses$43.7M
Total expenses$69.5M
Total assets$1.1B
Net assets$213.4M

People

16 listed

NameRoleCompensation

PATRICK SPYKE

CEO

Board

$1.4M

40 hrs/wk

LESLIE RORIE

CFO

Board

$191K

40 hrs/wk

PAULETTE WARREN

BOD MEMBER

Board

3 hrs/wk

JERE AUVENSHINE

BOD MEMBER

Board

3 hrs/wk

TOM CULPEPPER

BOD SECRETARY

Board

3 hrs/wk

TOM MARTINSON

BOD TREASURER

Board

3 hrs/wk

MELVIN COLEMAN

BOD MEMBER

Board

3 hrs/wk

MELVIN PLACE

BOD VICE-PRESIDENT

Board

3 hrs/wk

RANDY FREEMAN

BOD PRESIDENT

Board

3 hrs/wk

ROBYN HOWELL

SVP/COO

Staff

$273K

40 hrs/wk

KELLI ELLSWORTH-ETCHISON

CHIEF MARKETING OFCR./CHIE

Staff

$264K

40 hrs/wk

EMILY JANNERETH

CHIEF TECHNOLOGY OFFICER

Staff

$199K

40 hrs/wk

JASON SMITH

CHIEF LENDING OFFICER

Staff

$193K

40 hrs/wk

AMY ADAM

VP OF CARDS

Staff

$147K

40 hrs/wk

STEPHEN SCHMITT

CORPORATE STRATEGIST

Staff

$145K

40 hrs/wk

KIMBERLY AUSTIN

EXECUTIVE IMPLEMENTATION OFFICER

Staff

$141K

40 hrs/wk

Independent contractors

CU COOPERATIVE SYSTEMS INC

CARD PROCESSING

$3.2M

MDT

CORE SYSTEM PROCESSING

$2.0M

INFORMA BUSINESS SYSTEMS INC

ITM EQUIPMENT/SERVICE

$1.9M

MARQUIS SOFTWARE SOLUTIONS

MARKETING/MCIF

$953K

CBTS TECHNOLOGY SOLUTIONS

TECHNOLOGY MANAGEMENT

$338K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
COMMUNITY CRISIS SUPPORT FUND
2020

Funded by

$5K from 1 funder · 1 grant · 2020

Michigan Credit Union Foundation

$5K · 1 grant · 2020

Details

EIN380893210
Subsection14
Ruling date1956-10
Formed1936
Employees222
Volunteers16
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo