NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

FRANKENMUTH, MI

Total revenue

$103.2M

Total expenses

$91.2M

Net assets

$136.9M

Grants received

$11K

1 grants

EIN

381796409

Tax year

2024

Mission

Provide financial services to member owners with a common bond.

Programs

2 programs

Provide 52,082 share secured, student, signature, business, construction, real estate, home equity, line of credit, new and used vehicle, recreational vehicle, lease loans, home improvement and credit card loans.

Offer automated teller machines, interactive teller machines, debit cards, credit cards, shared branching, money orders, courtesy pay, wire transfers, bill pay, investments services and various insurance programs to all eligible members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$96.6M
Investment income$6.9M
Other revenue
Total revenue$103.2M

Expenses

Grants paid$614K
Salaries & benefits$35.3M
Fundraising
Other expenses$55.3M
Total expenses$91.2M
Total assets$1.4B
Net assets$136.9M

People

17 listed

NameRoleCompensation

VICKIE SCHMITZER

CEO

Board

$875K

54 hrs/wk

DONNA HAUBENSTRICKER

VP OF FINANCE

Board

$255K

45 hrs/wk

TIMOTHY HILDNER

CHAIRPERSON

Board

3.79 hrs/wk

CHRIS FRANK

DIRECTOR

Board

0.9 hrs/wk

JILL CATTERFELD

VICE CHAIRPERSON

Board

0.86 hrs/wk

BRIAN DIXON

TREASURER

Board

1.82 hrs/wk

RICHARD REIF

SECRETARY

Board

3.05 hrs/wk

MICHAEL FASSEZEE

DIRECTOR

Board

1.63 hrs/wk

DAN LEMKE

DIRECTOR

Board

1.35 hrs/wk

SCOT PUTZIG

DIRECTOR

Board

0.95 hrs/wk

KARINA SPENCER

DIRECTOR

Board

1.32 hrs/wk

ROBERT ROBINSON

INSURANCE SALES

Staff

$319K

40 hrs/wk

BRAD GNATKOWSKI

MORTGAGE ORIGINATOR

Staff

$236K

40 hrs/wk

DANIEL WORTMAN

INSURANCE SALES

Staff

$233K

40 hrs/wk

WILLIAM WATCHORN

MORTGAGE ORIGINATOR

Staff

$231K

40 hrs/wk

ERIC NEUMEYER

CEO OF MMIA

Staff

$225K

40 hrs/wk

STEVE WITT

INSURANCE SALES

Staff

$220K

40 hrs/wk

Independent contractors

CUANSWERS

DATA PROCESSING

$2.4M

WILLIAM BRONNER & SONS CONTRACTORS

CONSTRUCTION, BUILDING

$2.1M

KASASA LTD

RELATIONSHIP CHECKING/LOAN OFFERINGS & M

$442K

SAGINAW SPIRIT HOCKEY CLUB

SPONSORSHIP FOR EVENT CENTER

$158K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$11K
COMMUNITY CRISIS SUPPORT FUND
2020

Funded by

$11K from 1 funder · 1 grant · 2020

Michigan Credit Union Foundation

$11K · 1 grant · 2020

Details

EIN381796409
Subsection14
Ruling date1956-10
Formed1964
Employees621
Volunteers11
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo