Overview
What is Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered In The State Of Michigan is a member-centric financial cooperative, based in Casco, Michigan. With a focus on building strong relationships with its approximately 2,000 members who reside in the Richmond community and its surrounding areas, the organization provides superior financial services. Established with a common bond, this nonprofit aims to promote thrift and savings. Their operations are headquartered at 10636 Gratiot Avenue, Casco, MI 48064, and they are staffed by a team of 11 dedicated individuals.
Is Credit Unions Chartered In The State Of Michigan legitimate?
Credit Unions Chartered In The State Of Michigan is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $97,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,976
For more financial information, click here
What is the mission statement of Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered In The State Of Michigan, as a member-owned financial cooperative, is committed to promoting thrift and savings among its approximately 2,000 members. The organization's mission is to offer top-notch financial services, fostering strong, enduring relationships with its members and the community. Its primary focus is on serving its members, with the purpose of providing superior financial solutions. The credit union operates in the vicinity of Richmond, MI, and its surrounding areas.
Who is the CEO of Credit Unions Chartered In The State Of Michigan?
Vicki Mcintosh is the Ceo of Credit Unions Chartered In The State Of Michigan. The CEO's salary of Credit Unions Chartered In The State Of Michigan is $97,294 and their total compensation is $102,019.
What is the revenue of Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered In The State Of Michigan's revenue in 2020 was $609,960.
Who are the executives of Credit Unions Chartered In The State Of Michigan and what are their salaries?
The average compensation at Credit Unions Chartered In The State Of Michigan during 2020 was $20,297. There are 11 employees and 10 volunteers at Credit Unions Chartered In The State Of Michigan.
Here are 10 key members and their salaries (Credit Unions Chartered In The State Of Michigan's CEO's salary is $97,294 and their total compensation is $102,019):
- Compensation: $97,294
- Related: $0
- Other: $4,725
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered In The State Of Michigan's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Credit Unions Chartered In The State Of Michigan
Credit Unions Chartered In Michigan, with a mission statement, is dedicated to promoting thrift and savings among its approximately 2,000 members who reside, work, or worship in the community and surrounding areas of Richmond. This nonprofit organization serves its members as a financially focused cooperative, prioritizing the delivery of superior financial services while fostering trusting relationships within the community. The primary goal of Credit Unions Chartered In Michigan is to operate as a member-owned entity, ensuring that every member is treated with utmost importance and respect. This mission reflects the organization's commitment to its members, prioritizing their financial well-being while building long-lasting relationships based on trust and reliability.
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Impact
October, 2024
Credit Unions Chartered in the State of Michigan significantly impacts local communities by providing accessible financial services tailored to the needs of their members. With a focus on member ownership, these credit unions strengthen relationships within the community and promote financial wellness through a variety of services including savings accounts, loans, and financial education.
By serving around 2,000 members who live, work, or worship in the Richmond, MI area, they foster a sense of community and mutual support, encouraging saving and responsible financial practices. Their mission emphasizes building trust and delivering superior financial services, which can lead to improved financial stability for individuals and families.
Furthermore, the community-oriented approach helps stimulate local economies, as members are encouraged to invest in their own community rather than relying solely on larger, impersonal financial institutions. Ultimately, the presence of Credit Unions Chartered in Michigan contributes to a resilient financial landscape, enhancing the quality of life for residents and promoting overall community well-being.
This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $609,960
- Gross Receipts: $609,960
Assets and Liabilities:
- Total Assets: $24,615,443
- Total Liabilities: $285,231
- Net Assets: $24,330,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest
Revenue
$229,813
Investment Income
Revenue
$263,255
Other
Revenue
$116,892
Organization Details
Founding Year
1926
Phone
(586) 727-6855Principal Officer
Vicki Mcintosh
Main Address
10636 GRATIOT, CASCO, MI, 48064
NTEE Category
Code: W60 - Public benefit
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