CSCharityScored
90

Credit Unions Chartered In The State Of Michigan

Other · Grand Rapids, Michigan

Po Box 2848, Grand Rapids, MI 49501-2848

EIN: 381215360· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$692.0M

Total Expenses

$519.8M

Total Assets

$13.4B

Program Spending

123%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$6.4M

1.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$118.9M

Total Payroll

$126.1M

24% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 24%
Other overhead: -23%
Program Revenue$639.9M (92%)
Total Expenses$519.8M (75%)
Payroll$126.1M (24%)
Overhead (non-program)-23%

Trust Score Breakdown

Program Spending Ratio

123% of expenses go to programs

40%

Revenue & Stability

$692.0M annual revenue

15%

Executive Compensation

$6.4M total officer comp (1.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$13.4B 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.