CSCharityScored
73

Credit Unions Chartered In The State Of Michigan

Other · Alpena, Michigan

1381 N Bagley St, Alpena, MI 49707-8101

EIN: 381384940· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$7.3M

Total Expenses

$6.2M

Total Assets

$140.5M

Program Spending

91%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$172K

2.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$2.0M

32% of total expenses

Where the Money Goes

91%
Programs: 91%
Payroll: 32%
Other overhead: 9%
Program Revenue$5.7M (78%)
Total Expenses$6.2M (86%)
Payroll$2.0M (32%)
Overhead (non-program)9%

Trust Score Breakdown

Program Spending Ratio

91% of expenses go to programs

40%

Revenue & Stability

$7.3M annual revenue

15%

Executive Compensation

$172K total officer comp (2.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$140.5M 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.