NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

ALMA, MI

Total revenue

$3.9M

Total expenses

$3.4M

Net assets

$4.4M

Grants received

EIN

386084711

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 4,435.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.5M
Investment income$310K
Other revenue
Total revenue$3.9M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising
Other expenses$2.3M
Total expenses$3.4M
Total assets$55.5M
Net assets$4.4M

People

9 listed

NameRoleCompensation

Katina Struble

CEO

Board

$97K

40 hrs/wk

ROBERT BENDELE

CFO

Board

$82K

40 hrs/wk

Clark Hubbard

Treasurer

Board

0

Glenn Rose

Secretary

Board

0

Diane S Malek

Director

Board

0

Sonia Gibson

Chairman

Board

0

Sharol Pominville

Director

Board

0

Dale L Sherman

Director

Board

0

Alan L Schafer

Director

Board

0

Independent contractors

CUANSWERS

DATA PROCESSOR

$254K

FISERV

CARD PROCESSOR

$148K

Details

EIN386084711
Subsection14
Ruling date1956-10
Formed1955
Employees29
Volunteers10
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo