NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

HOUGHTON LAKE, MI

Total revenue

$16.7M

Total expenses

$13.7M

Net assets

$21.1M

Grants received

EIN

381586641

Tax year

2024

Mission

To provide affordable, high quality, complete financial services to our members and their families and to foster continued growth and stability of the credit union.

Programs

2 programs

Provide approx. 13,544 vehicle, real estate, business, credit card and line of credit loans.

Offer atm and debit cards, overdraft protection, money orders and insurance products to all eligible members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.9M
Investment income$1.9M
Other revenue
Total revenue$16.7M

Expenses

Grants paid
Salaries & benefits$5.4M
Fundraising
Other expenses$8.3M
Total expenses$13.7M
Total assets$241.7M
Net assets$21.1M

People

17 listed

NameRoleCompensation

MARK RICHTER

CEO

Board

$293K

40 hrs/wk

MICHELLE ROSS

CFO

Board

$159K

40 hrs/wk

TAMMY SCHWALM

COO

Board

$142K

40 hrs/wk

KELLY MCCARTY-TUBBS

Vice President

Board

$142K

40 hrs/wk

PHILIP JACQUES

Vice President

Board

$115K

40 hrs/wk

MEGAN BARNES

Director

Board

1 hrs/wk

LAURIE HULL

Director

Board

1 hrs/wk

THOMAS MOREAU

Director

Board

1 hrs/wk

DAVE DENBOER

Director

Board

1 hrs/wk

MARK DERYLO

Director

Board

1 hrs/wk

ANTHONY RUSSO

Director

Board

1 hrs/wk

ANGIE ZYLSTRA

Director

Board

0

ANGIE ZYLSTRA

Director

Board

1 hrs/wk

STEPHEN WITT

Chairman

Board

1 hrs/wk

ERIC HAMP

Treasurer

Board

1 hrs/wk

KOREEN PRAY

Secretary

Board

1 hrs/wk

KAREN WIETZKE

Director

Board

1 hrs/wk

Independent contractors

CUANSWERS

DATA PROCESSING

$680K

CO-OP

DEBIT CARD/ATM PROCESSING

$597K

FIS

CREDIT CARD PROCESSING

$307K

SAFETYNET

IT SERVICES

$164K

EVERON

SECURITY SYSTEMS

$118K

Details

EIN381586641
Subsection14
Ruling date1956-10
Formed1956
Employees82
Volunteers12
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo