CSCharityScored
87

Credit Unions Chartered In The State Of Michigan

Other · Farmington, Michigan

22981 Farmington Rd, Farmington, MI 48336-3915

EIN: 380549595· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$18.8M

Total Expenses

$14.6M

Total Assets

$434.9M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.0M

7.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.3M

Total Payroll

$5.3M

36% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 36%
Other overhead: 3%
Program Revenue$14.3M (76%)
Total Expenses$14.6M (78%)
Payroll$5.3M (36%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$18.8M annual revenue

15%

Executive Compensation

$1.0M total officer comp (7.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$434.9M 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.