NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

MT PLEASANT, MI

Total revenue

$11.5M

Total expenses

$10.2M

Net assets

$17.0M

Grants received

EIN

381646635

Tax year

2024

Mission

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

Programs

2 programs

Provide 8,713 loans including mortgages, business, home equity, credit cards, share secured, vehicle, and line of credit loans with aggregate loan balances that approximated $117,234,000 as of december 31, 2024.

Offer bill payment, courtesy payment, automated teller machines, money orders, wire transfers, debit cards, remote deposit capture, online mobile banking and various insurance programs.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$9.4M
Investment income$2.1M
Other revenue$451
Total revenue$11.5M

Expenses

Grants paid$44K
Salaries & benefits$3.6M
Fundraising
Other expenses$6.6M
Total expenses$10.2M
Total assets$207.1M
Net assets$17.0M

People

12 listed

NameRoleCompensation

JENNIFER HOYLE

PRESIDENT/CEO

Board

$197K

40 hrs/wk

SUE LILLICH

CFO

Board

$80K

40 hrs/wk

CHAD SCHAFER

TREASURER

Board

1 hrs/wk

MICHAEL METRO

DIRECTOR

Board

1 hrs/wk

AMANDA SCHAFER

DIRECTOR

Board

1 hrs/wk

TINA POWELL

CHAIRPERSON

Board

1 hrs/wk

EMMA LATOSKI

DIRECTOR

Board

1 hrs/wk

ROBIN WYBENGA

DIRECTOR

Board

1 hrs/wk

KEVIN CHAMBERLAIN

DIRECTOR

Board

1 hrs/wk

JASON KENNEY

VICE CHAIRPERSON

Board

1 hrs/wk

SARAH OSTAHOWSKI

SECRETARY

Board

1 hrs/wk

PATRICK HUNT

CHIEF STRATEGY OFFICER

Staff

$102K

40 hrs/wk

Independent contractors

MASTERCARD

DEBIT/CREDIT CARD

$417K

CUANSWERS

DATA PROCESSING

$338K

CU COOP SYSTEMS

DEBIT/ATM PROCESSOR

$292K

Details

EIN381646635
Subsection14
Ruling date1956-10
Formed1958
Employees62
Volunteers10
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo