CSCharityScored
77

Credit Unions Chartered In The State Of Michigan

Other · Grand Haven, Michigan

905 Pennoyer Ave, Grand Haven, MI 49417-1966

EIN: 381559604· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$2.2M

Total Expenses

$1.7M

Total Assets

$48.0M

Program Spending

106%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$318K

18.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$310K

Total Payroll

$628K

36% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 36%
Other overhead: -6%
Program Revenue$1.9M (84%)
Total Expenses$1.7M (79%)
Payroll$628K (36%)
Overhead (non-program)-6%

Trust Score Breakdown

Program Spending Ratio

106% of expenses go to programs

40%

Revenue & Stability

$2.2M annual revenue

15%

Executive Compensation

$318K total officer comp (18.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$48.0M 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.