NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

IONIA, MI

Total revenue

$13.9M

Total expenses

$11.9M

Net assets

$21.5M

Grants received

EIN

381624824

Tax year

2024

Mission

Provide financial services and products to members.

Programs

1 program

The credit union provides a variety of loan types to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2024 was 9,704.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$12.4M
Investment income$1.5M
Other revenue
Total revenue$13.9M

Expenses

Grants paid
Salaries & benefits$4.2M
Fundraising
Other expenses$7.7M
Total expenses$11.9M
Total assets$224.0M
Net assets$21.5M

People

11 listed

NameRoleCompensation

HAILIE PATTERSON

CEO

Board

$176K

40 hrs/wk

JACKIE THEBO

Vice President

Board

$134K

40 hrs/wk

DAWN KETCHUM

COO

Board

$132K

40 hrs/wk

ALISHA VANHORN

CFO

Board

$117K

40 hrs/wk

LON MACLACHLAN

Director

Board

1 hrs/wk

ABBY STALKER

Director

Board

1 hrs/wk

ROGER VANDERMOLEN

Treasurer

Board

1 hrs/wk

MICHAEL WALCZAK

Chairman

Board

1 hrs/wk

MALLORY BOWERMAN

Director

Board

1 hrs/wk

ROSEMARY REAMS

Director

Board

1 hrs/wk

MITCHELL MERCER

Secretary

Board

1 hrs/wk

Independent contractors

CENTRAL MICHIGAN BUILDERS

CONSTRUCTION

$593K

FISERV

DATA PROCESSING

$587K

THE SBIS PLAN

EMPLOYEE HEALTH INSURANCE

$339K

CMS Internet LLC

INTERNET SERVICES

$127K

Details

EIN381624824
Subsection14
Ruling date1956-10
Formed1954
Employees66
Volunteers10
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo