NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

SAULT S MARIE, MI

Total revenue

$16.7M

Total expenses

$13.4M

Net assets

$31.9M

Grants received

$5K

1 grants

EIN

381599932

Tax year

2024

Mission

To become the members' primary financial institution by providing reliable, comprehensive, courteous, and prompt services that are competitive with the market and in tune with members' needs.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.1M
Investment income$2.5M
Other revenue
Total revenue$16.7M

Expenses

Grants paid
Salaries & benefits$5.2M
Fundraising
Other expenses$8.2M
Total expenses$13.4M
Total assets$290.6M
Net assets$31.9M

People

10 listed

NameRoleCompensation

LYNDA ELLIS

PRESIDENT/CE

Board

$124K

40 hrs/wk

MELISSA MCCLENDON

VICE PRESIDE

Board

$90K

40 hrs/wk

JOY HILL

CHIEF FINANC

Board

$82K

40 hrs/wk

STEVEN ROGERS

DIRECTOR & E

Board

$17K

8 hrs/wk

EDWIN COOK

CHAIRPERSON

Board

1 hrs/wk

MONICA HOOLSEMA

DIRECTOR

Board

1 hrs/wk

LORI LANGENDORF

TREASURER

Board

1 hrs/wk

JO ANNE LUSSIER

SECRETARY

Board

1 hrs/wk

TYLER MARTIN

DIRECTOR

Board

1 hrs/wk

JIM ROSE

DIRECTOR

Board

1 hrs/wk

Independent contractors

VELERA

ATM/DEBIT CARD

$790K

MEMBER DRIVEN TECHNOLOGIES

DATA PROCESSING

$681K

FIS

CREDIT CARD PRO

$322K

PENINSULA FIBER NETWORK LLC

DATA FIBER CONN

$117K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
COMMUNITY ENRICHMENT GRANTS
2023

Funded by

$5K from 1 funder · 1 grant · 2023

Michigan Credit Union Foundation

$5K · 1 grant · 2023

Details

EIN381599932
Subsection14
Ruling date1956-10
Formed1958
Employees110
Volunteers7
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo