CSCharityScored
90

Credit Unions Chartered In The State Of Michigan

Other · Alpena, Michigan

1100 S Bagley St, Alpena, MI 49707-8104

EIN: 381461385· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$39.6M

Total Expenses

$29.7M

Total Assets

$775.5M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$912K

3.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.9M

Total Payroll

$6.8M

23% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 23%
Other overhead: 5%
Program Revenue$28.3M (72%)
Total Expenses$29.7M (75%)
Payroll$6.8M (23%)
Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$39.6M annual revenue

15%

Executive Compensation

$912K total officer comp (3.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$775.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.