NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

SAGINAW, MI

Total revenue

$6.1M

Total expenses

$6.0M

Net assets

$10.9M

Grants received

$5K

1 grants

EIN

381623775

Tax year

2024

Mission

To provide financial services to member owners with a common bond.

Programs

1 program

The credit union provides loans to its membership. The total number of loans outstanding as of 12/31/24 was 4,491.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.5M
Investment income$627K
Other revenue$6K
Total revenue$6.1M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising
Other expenses$3.8M
Total expenses$6.0M
Total assets$82.5M
Net assets$10.9M

People

10 listed

NameRoleCompensation

BEVERLY LEE

CEO

Board

$269K

45 hrs/wk

ELIZABETH MARX

Vice President

Board

$133K

45 hrs/wk

MARTIN LEE

Controller

Board

$105K

45 hrs/wk

STEVE WILLETT

Chairman

Board

1 hrs/wk

JERRY SCHRANK

Treasurer

Board

1 hrs/wk

ANTHONY HATCH

Director

Board

1 hrs/wk

JAY PEPLINSKI

Director

Board

1 hrs/wk

DONALD COON

Secretary

Board

1 hrs/wk

RAYMOND HUMMEL

Director

Board

1 hrs/wk

SCOTT WEISS

Director

Board

1 hrs/wk

Independent contractors

CUANSWERS

DATA PROCESSING

$311K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
COMMUNITY CRISIS SUPPORT FUND
2020

Funded by

$5K from 1 funder · 1 grant · 2020

Michigan Credit Union Foundation

$5K · 1 grant · 2020

Details

EIN381623775
Subsection14
Ruling date1956-10
Formed1959
Employees43
Volunteers7
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo