NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

NEWBERRY, MI

Total revenue

$2.9M

Total expenses

$2.6M

Net assets

$3.7M

Grants received

EIN

381577465

Tax year

2023

Mission

To encourage thrift amoung its members, provide a variety of financial services to its members and to provide an opportunity for tis members to use and control their own money on a democratic basis in order to improve their economic and social condition.

Programs

2 programs

Provided money orders, home and mobile banking with remote deposit capture, overdraft protection, atm and debit cards and various insurance programs.

Provided 2,508 loans including vehicle, visa, home equity, mortgage, participation and personal loans.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.9M
Investment income$944K
Other revenue$12K
Total revenue$2.9M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising
Other expenses$1.5M
Total expenses$2.6M
Total assets$69.5M
Net assets$3.7M

People

9 listed

NameRoleCompensation

RUBEN ISON

PRESIDENTCEO

Board

$128K

48 hrs/wk

FOX AMY

ACCOUNTING MANAGER

Board

$64K

48 hrs/wk

ANTHONY IMMEL

DIRECTOR

Board

0

ROBERT DEPEW

DIRECTOR

Board

0

PETER PARAMSKI

DIRECTOR

Board

0

RANDALL WILHELM

DIRECTOR

Board

0

MICHAEL WALKER

BOARD CHAIRPERSON

Board

1 hrs/wk

GLORIA FOLEY

BOARD VICE CHAIRPERSON

Board

0

PAT EDWARDS

BOARD SECRETARY

Board

0

Details

EIN381577465
Subsection14
Ruling date1956-10
Formed1955
Employees0
Volunteers10
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo