NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

GRAND RAPIDS, MI

Total revenue

$18.5M

Total expenses

$15.7M

Net assets

$34.3M

Grants received

EIN

381878763

Tax year

2024

Mission

Provide financial services and products to members.

Programs

1 program

The credit union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2024 was 18,105.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.7M
Investment income$3.8M
Other revenue
Total revenue$18.5M

Expenses

Grants paid
Salaries & benefits$5.9M
Fundraising
Other expenses$9.7M
Total expenses$15.7M
Total assets$289.4M
Net assets$34.3M

People

14 listed

NameRoleCompensation

JOHN YEOMANS

CEO

Board

$307K

40 hrs/wk

BEV VANDER WELL

CFO

Board

$160K

40 hrs/wk

BRYAN KAYLOR

COO

Board

$146K

40 hrs/wk

CHRISTINE PRATT

Vice President

Board

$130K

40 hrs/wk

DOROTHY MILLER

Vice President

Board

$123K

40 hrs/wk

RHONDA HARRINGTON

Vice President

Board

$105K

40 hrs/wk

FRED GRADISHER

Director

Board

0

RUSSELL HERMAN

Chairman

Board

0

YVONNE ALLES

Director

Board

0

GAYLEN DEMAREST

Treasurer

Board

0

FREDERICK BARTLING

Secretary

Board

0

THOMAS POWERS

Director

Board

0

VICKI BROWN

Director

Board

0

CYNTHIA MCCOMBS

HUMAN RESOURCES DIRECTOR

Staff

$141K

40 hrs/wk

Independent contractors

Co-op Financial Services

CARD SERVICES

$1.0M

CUANSWERS

DATA PROCESSING

$559K

BLUE CARE NETWORK

HEALTH INSURANCE

$456K

Haberfeld Accelerating Growth

CONSULTING & ADVERTISING

$269K

RedRock Information Security

IT SERVICES

$262K

Details

EIN381878763
Subsection14
Ruling date1956-10
Formed1968
Employees90
Volunteers10
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo