NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

TAYLOR, MI

Total revenue

$983K

Total expenses

$799K

Net assets

$1.9M

Grants received

EIN

381743355

Tax year

2024

Mission

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

Programs

2 programs

Provide 1,084 loans including vehicle, first mortgage, line of credit and unsecured loans with aggregate loan balances that approximated $5,507,000 as of december 31, 2024.

Offer automated teller machines, wire transfers, money orders, travelers checks and various insurance programs.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$449K
Investment income$534K
Other revenue
Total revenue$983K

Expenses

Grants paid
Salaries & benefits$205K
Fundraising
Other expenses$594K
Total expenses$799K
Total assets$21.4M
Net assets$1.9M

People

6 listed

NameRoleCompensation

MICHELLE WOODHEAD

CEO

Board

$49K

45 hrs/wk

SUSAN SMITH

BOARD MEMBER

Board

$38K

10 hrs/wk

ALAN SRODAWA

BOARD CHAIRPERSON

Board

1 hrs/wk

LAWRENCE LEVESQUE

BOARD VICE CHAIRPERSON

Board

1 hrs/wk

MARK LUECKE

BOARD SECRETARY

Board

1 hrs/wk

DONALD RUDIN

BOARD TREASURER

Board

1 hrs/wk

Details

EIN381743355
Subsection14
Ruling date1956-10
Formed1957
Employees5
Volunteers5
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo