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Michigan Cra Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273593757 ✦ Belleville, MI ✦ Designated as a 501(c)(3)

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Overview

What is Michigan Cra Association?

Michigan CRA Association is a nonprofit organization dedicated to addressing the credit needs of communities in Michigan, particularly those with low- or moderate-income families and individuals. Their mission involves actively promoting initiatives to fulfill these credit requirements and serving as an educational resource for community reinvestment associations across multiple counties in the state. By doing so, they aim to contribute to the overall financial well-being of these communities and the individuals living within them.


Official website here: www.michigancraassociation.com

Is Michigan Cra Association legitimate?

Michigan Cra Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Cra Association submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.michigancraassociation.com

What is the mission statement of Michigan Cra Association?

The Michigan CRA Association's mission is centered around recognizing the credit requirements of diverse communities. The organization proactively works towards addressing the credit needs of families and individuals with moderate or low income levels. Furthermore, it functions as an educational arm for Community Reinvestment Associations, operating in various counties across Michigan.


Official website here: www.michigancraassociation.com

Who is the CEO of Michigan Cra Association?

Marty Spencer is the President of Michigan Cra Association.


Official website here: www.michigancraassociation.com

What is the revenue of Michigan Cra Association?

Michigan Cra Association's revenue in 2022 was $48,750.


Official website here: www.michigancraassociation.com

Who are the executives of Michigan Cra Association and what are their salaries?


Here are 12 key members and their salaries:


Michael Demaetelaere (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Franklin-Lindsey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Rios (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Kiser (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Spencer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gould (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Steele (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheilda Braddock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Steele (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamiela Brazile (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leila Hatherway (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Castone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.michigancraassociation.com

Where can I find the form 990EZ for Michigan Cra Association?

Michigan Cra Association's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.michigancraassociation.com

Learn more at the official website: www.michigancraassociation.com

Mission Statement of Michigan Cra Association

Michigan CRA Association is an organization dedicated to recognizing the credit requirements of diverse communities. Its primary mission is to stimulate initiatives aimed at fulfilling the credit needs of families and individuals with modest incomes. Furthermore, the association serves as an educational arm for community reinvestment associations across various counties in Michigan. By doing so, it actively works towards promoting financial stability and empowerment among underprivileged sectors of society.

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Impact




August, 2024

Michigan CRA Association's impact is significant in addressing the credit needs of low- to moderate-income families and individuals in various counties across the state of Michigan. By actively promoting efforts to meet these credit needs, the organization plays a crucial role in supporting financial inclusion and stability within local communities. Furthermore, as the education arm of community reinvestment associations, Michigan CRA Association helps empower individuals with the knowledge and resources needed to make informed financial decisions, ultimately contributing to the economic well-being of the region. Through their public benefit initiatives, they are making a tangible difference in improving access to credit and financial security for underserved populations in Michigan.




This information is meant to be a general summary of Michigan Cra Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$48,750 (2022)
Expenses
$47,070 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $48,750

Assets and Liabilities:

  • Total Assets: $155,978
  • Total Liabilities: $0
  • Net Assets: $155,978

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Organization Details

Principal Officer

Marty Spencer

Main Address

42879 KENT DR, BELLEVILLE, MI, 48111

NTEE Category

Code: W60 - Public benefit

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