NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

MIDLAND, MI

Total revenue

$62.2M

Total expenses

$59.8M

Net assets

$65.9M

Grants received

$30K

3 grants

EIN

381489454

Tax year

2024

Mission

The vision of members first credit union is to create thriving communities and our mission is encouraging a better tomorrow.

Programs

2 programs

Offer over 65,000 members methods to increase their financial wellbeing with savings, checking, certificates of deposit and other deposit and investment products and options.

Offer members various methods to achieve their financial goals through personal contact, electronic and online services.

Financials

FY 2024

Revenue

Contributions & grants$315K
Program service revenue$56.5M
Investment income$5.3M
Other revenue
Total revenue$62.2M

Expenses

Grants paid$258K
Salaries & benefits$21.2M
Fundraising
Other expenses$38.3M
Total expenses$59.8M
Total assets$850.6M
Net assets$65.9M

People

19 listed

NameRoleCompensation

CARRIE IAFRATE

CEO

Board

$390K

40 hrs/wk

TAMARA MCGOVERN

CFO

Board

$331K

40 hrs/wk

AMY GARVER

COO

Board

$221K

40 hrs/wk

MARCIE LONG

CPSO

Board

$221K

40 hrs/wk

DAVID THOMPSON

TREASURER

Board

4 hrs/wk

ERIN STRANG

DIRECTOR

Board

4 hrs/wk

GRANT MURSCHEL

DIRECTOR

Board

4 hrs/wk

JOSEPH KREUSCH

DIRECTOR

Board

4 hrs/wk

RENEE DECKROW

DIRECTOR

Board

4 hrs/wk

ROBERT COOPER

CHAIRPERSON

Board

4 hrs/wk

JENNI BUSH

SECRETARY

Board

4 hrs/wk

KEVIN BROTT

VICE CHAIRPERSON

Board

4 hrs/wk

JOHN PEPMEIER

VP FINANCE

Staff

$182K

40 hrs/wk

NICHOLAS GROULX

VP CHANNEL DELIVERY

Staff

$172K

40 hrs/wk

KELLY KAMMER

VP RISK MANAGEMENT

Staff

$160K

40 hrs/wk

BETHANY DUTCHER

VP MARKETING

Staff

$159K

40 hrs/wk

REID LUNDEEN

VP LENDING

Staff

$138K

40 hrs/wk

EVERETT PETERSON

VP TECHNOLOGY

Staff

$133K

40 hrs/wk

NOELLE ROBINSON

VP CULTURE & EMPLOYEE DEVELOPMENT

Staff

$128K

40 hrs/wk

Independent contractors

JACK HENRY & ASSOCIATES INC

CORE PROCESSING SYSTEMS

$1.8M

SCHWIND CONSTRUCTION

BUILDING CONTRACTOR

$1.0M

YEO & YEO COMPUTER CONSULTING

COMPUTER CONSULTANTS

$989K

Q2 SOFTWARE INC

ONLINE BANKING

$887K

DOXIM

PRINTER-STATEMENTS & MARKETING PIECES

$762K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$15K
COMMUNITY ENRICHMENT GRANTS
2024
$10K
COMMUNITY ENRICHMENT GRANTS
2021
$5K
COMMUNITY CRISIS SUPPORT FUND
2020

Funded by

$30K from 1 funder · 3 grants · 2020–2024

Michigan Credit Union Foundation

$30K · 3 grants · 2020–2024

Details

EIN381489454
Subsection14
Ruling date1956-10
Formed1936
Employees299
Volunteers8
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo