NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

BRIGHTON, MI

Total revenue

$146.4M

Total expenses

$135.2M

Net assets

$237.5M

Grants received

EIN

381250516

Tax year

2024

Mission

Members will understand and experience the benefits of a credit union (cont'd on sch. O) relationship at a cost justified by the results. Members have the capability to exercise control over their financial lives while sharing in the success of the organization. Members experience rewards of a mutually beneficial relationship based on advocacy and trust resulting in trust and loyalty. Members value the link between their benefits and their ownership.

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue$128.4M
Investment income$13.5M
Other revenue$2.6M
Total revenue$146.4M

Expenses

Grants paid$349K
Salaries & benefits$46.0M
Fundraising
Other expenses$88.8M
Total expenses$135.2M
Total assets$2.6B
Net assets$237.5M

People

20 listed

NameRoleCompensation

DAVID SNODGRASS

CEO AND PRESIDENT

Board

$1.0M

40 hrs/wk

KARA STUEWE

EVP CHIEF FINANCIAL OFFICER

Board

$316K

40 hrs/wk

OMARI BOONE

EVP GENERAL COUNSEL CRO

Board

$267K

40 hrs/wk

AARON SEYBERT

DIRECTOR

Board

$12K

4 hrs/wk

KATHRYN RUSAK

SECRETARY

Board

$11K

5 hrs/wk

JAMIE SCHRINER

DIRECTOR

Board

$7K

4 hrs/wk

SHANE LOVELLETTE

DIRECTOR

Board

$5K

4 hrs/wk

MONICA MARTINEZ

DIRECTOR

Board

$4K

4 hrs/wk

PHILIP SANTER

DIRECTOR

Board

$4K

4 hrs/wk

DENNIS TOCHMAN

DIRECTOR

Board

$2K

4 hrs/wk

JAMES BARNES

DIRECTOR

Board

$2K

4 hrs/wk

MICHAEL SOLO

CHAIRPERSON

Board

$1K

10 hrs/wk

RICK LABER

DIRECTOR

Board

$675

4 hrs/wk

JULIE BONNER-HEINE

VICE CHAIRPERSON

Board

4 hrs/wk

RAY SEIDL

TREASURER

Board

10 hrs/wk

KRASSIMIR KASSBOV

EVP CHIEF STRATEGY OFFICER

Staff

$297K

40 hrs/wk

RAZI QADRI

EVP CHIEF INFO & OPS OFFICER

Staff

$287K

40 hrs/wk

THERESA DUBIEL

EVP CHIEF MEMBER EXPERIENCE OFFICER

Staff

$271K

40 hrs/wk

BRANDALYNN WINCHESTER-MIDDLEBROOK

EVP CHIEF PEOPLE & PURPOSE OFFICER

Staff

$252K

40 hrs/wk

DAVID MORGAN

EVP CHIEF LENDING OFFICER

Staff

$250K

40 hrs/wk

Independent contractors

FISERV

CORE SYSTEM PROVIDER & DEBIT/ATM/CREDIT

$5.7M

THE CHRISTMAN COMPANY

CONSTRUCTION AND REMODELING SERVICES

$4.0M

INFORMA BUSINESS SYSTEMS

ATM EQUIPMENT AND MAINTENANCE

$1.8M

PHIRE ADVERTISING & DESIGN

MEDIA CAMPAIGNS AND ADVERTISING

$1.8M

DIGITAL FIRST HOLDINGS LLC

INTERNET BANKING TOOLS

$1.5M

Details

EIN381250516
Subsection14
Ruling date1956-10
Formed1943
Employees561
Volunteers12
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo