NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

LANSING, MI

Total revenue

$7.5M

Total expenses

$5.7M

Net assets

$22.8M

Grants received

EIN

381446160

Tax year

2024

Mission

We will commit ourselves to building lifelong relationships and giving the greatest service experience.

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 12/31/2024 was 3,624.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$4.7M
Investment income$2.8M
Other revenue
Total revenue$7.5M

Expenses

Grants paid
Salaries & benefits$1.9M
Fundraising
Other expenses$3.8M
Total expenses$5.7M
Total assets$134.6M
Net assets$22.8M

People

8 listed

NameRoleCompensation

TERRY GARRISON

President & CEO

Board

$137K

45 hrs/wk

WILLIAM BURKE

Chairman

Board

1 hrs/wk

MARVIN KNIGHT

Director

Board

1 hrs/wk

MIKE FREDERICK

Director

Board

1 hrs/wk

ANNE WILSON

Secretary

Board

1 hrs/wk

JEFF STUMP

Treasurer

Board

1 hrs/wk

CHRISTINE SHEARER

Director

Board

1 hrs/wk

TOBIAS WEBBER

Director

Board

1 hrs/wk

Details

EIN381446160
Subsection14
Ruling date1956-10
Formed1953
Employees62
Volunteers7
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo