NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

BAY CITY, MI

Total revenue

$8.4M

Total expenses

$6.9M

Net assets

$16.0M

Grants received

EIN

381395220

Tax year

2024

Mission

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

Programs

1 program

The credit union provides a variety of loans to members . The total number of loans outstanding at 12/31/24 was 5,631.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$6.6M
Investment income$1.8M
Other revenue
Total revenue$8.4M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising
Other expenses$4.3M
Total expenses$6.9M
Total assets$128.4M
Net assets$16.0M

People

11 listed

NameRoleCompensation

JEREMY COBERLEY

CEO

Board

$262K

45 hrs/wk

LYNNE ZANOTTI

Vice President

Board

$125K

45 hrs/wk

JIM BIERLEIN

Vice President

Board

$124K

45 hrs/wk

WILLIAM KEIPERT

Treasurer

Board

1 hrs/wk

JILL BEISEL

Director

Board

1 hrs/wk

NORMA FELKER

Chairman

Board

1 hrs/wk

JUDY SKORNIA

Director

Board

1 hrs/wk

JON MORSE

Director

Board

1 hrs/wk

JENNIFER DELORGE

Director

Board

1 hrs/wk

ROBERT PIERCE JR

Director

Board

1 hrs/wk

SHAWN ASHLEY

CTO

Staff

$108K

40 hrs/wk

Independent contractors

CU Cooperative Systems LLC

PLASTIC CARD PROCESSING

$501K

SHARE ONE INC

DATA PROCESSING

$177K

LAMACCHIA GROUP

CONTRACTOR /DESIGN

$153K

TRUSTAGE

INSURANCE

$137K

BAY CITY TREASURER

LOCAL MUNICIPAL

$116K

Details

EIN381395220
Subsection14
Ruling date1956-10
Formed1950
Employees40
Volunteers11
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo