CSCharityScored
83

Credit Unions Chartered In The State Of Michigan

Other · Alpena, Michigan

710 W Miller St, Alpena, MI 49707-1875

EIN: 381438940· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$1.3M

Total Expenses

$1.1M

Total Assets

$31.6M

Program Spending

79%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$100K

9.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$250K

Total Payroll

$350K

33% of total expenses

Where the Money Goes

79%
Programs: 79%
Payroll: 33%
Other overhead: 21%
Program Revenue$831K (62%)
Total Expenses$1.1M (79%)
Payroll$350K (33%)
Overhead (non-program)21%

Trust Score Breakdown

Program Spending Ratio

79% of expenses go to programs

40%

Revenue & Stability

$1.3M annual revenue

15%

Executive Compensation

$100K total officer comp (9.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$31.6M 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.